VC is a diamond that not yet polish based on the company financial report ! of course, people may ask, why good company but the company not yet up price ? i dont know ! what i know is if the next financial report keep to green gain profit, it will be V return which go to est rm0.45 stagnant level !!
the good company is based on financial report to gain money (profit) and cash on hand....both them, VC also have !...as far as it maintain this momentum, the price will up 1 day later to 0.45 ! if u in today and keep it, u may high possibility gain 100% return !! Patient always returb big money !!!
VC NTA post consolidation is RM0.61. VC is the lowest priced KLSE company with an NTA of RM0.61 With such valuation I just don't understand why shareholders are still persistently selling to depress VC price? How much lower can VC come down when NSOH is now 332M with free float also reduced drastically to an estimated 250M
at 20s is nothing to shout about. I would wait for 40s then I can say madam is doing something because 40s (10s before consolidation) is the price before madam came in
But if share price up sudden, it also tend to drop sudden...I prefer it steadily slowly up solidly...but sudden up..
The current trend is healthy up...don't u think so? it does not matter for us if it take another months to up to 40 sen, which to me is more healthier than up in a week to 40sen...
Those who hold VC WB ex RI will be allocated additional VC WB shares to compensate for not being able to subscribe for the RI. Good option for those who want to catch the VC run up prior to the RI but may not want to put in additional money to buy the RI. VC WB NSOH post consolidation is only 14.7M With such a small NSOH will not have many short sellers but easy for operator if seriously want to push up. Not many sell que.
Don't think will be able to break $0.19 today. With free float estimated at only 250M and the under pin of price appreciation due to RI yet there are still so many sell que at $0.19. Are there still so many wanting to cut loss to get out or wanting to take quick profit?
Pleaselah....stock market is like that...1 side think price is cheap and reasonable buy ! Another side think price is nice to sell !!! This is rules of stocknmarket....the most important is the pric3 is slowly slowly up due to have people accumulate the stock and wait to push it up !!!
If more shareholders are like you hck1981 VC will definitely fly. Maybe many shareholders who were trapped earlier are trying to cut loss without realising VC potential and being undervalued
According to VC circular under max scenario additional 3,745,948 VC WB will be allocated free to existing VC WB holders post RI presumably to compensate VC WB holders for not being eligible to subscribe for the RI
Yes Please read VC circular to shareholders on the multi proposals for voting at the EGM just held recently. Formula given in the circular. If not sure can ask your remiser VC WB NSOH now at only 14M with allocation of additional VC WB I don't understand VC WB holders selling so cheaply. It goes to show they never read the circular I will hold tightly to my existing VC WB and even top up with additional VC WB since sellers who do not understand are selling so cheaply at RM0.12 which is only equivalent to RM0.03 before consolidation
Warrant really cheap at 12sen. Better take note the conversion price is 60sen after Consolidation 4 to 1. (12 + 60)/19.5 = 3.69. which mean warrant trading at 269% premium. Only advantage buying warrant is cheaper than mother share with less NOSH and still long time until May 2024 expiry date.
The number of Warrants B under Minimum warrant B scenario after RI is estimated to be additional 1,023,261 based on NSOH post consolidation of 14,763,444
Even at 55sen Premium is 243%. Later depending on the RI price at discounted price up to 30%. After RI the adjusted mother price will be lower and the warrant premium will be higher again. The risk is there if mother price still need better QR to support it.
Dont forget new warrant will be listed later. See how is the price later with lower exercise price with lower premium. More ppl will be trading on the new warrant.
Once upon a time there was MSCM (HongSeng) , MMAG & VC, HongSeng is now RM1.36 MMAG 52w high was RM1.97. All the companies have intertwined substantial shareholders & directors. Do not believe VC will be left behind for obvious reason that some substantial shareholders have pledged shares for financing. & definitely looking for better margins only if VC were to rise substantially. Post RI VC borrowings will be reduced to only RM7M. The advantage of VC WB is the small NSOH with less risk of massive sell down
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
hck1981
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Posted by hck1981 > 2021-02-06 16:52 | Report Abuse
VC is a diamond that not yet polish based on the company financial report ! of course, people may ask, why good company but the company not yet up price ? i dont know ! what i know is if the next financial report keep to green gain profit, it will be V return which go to est rm0.45 stagnant level !!