GREEN OCEAN CORPORATION BERHAD

KLSE (MYR): GOCEAN (0074)

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Last Price

0.18

Today's Change

0.00 (0.00%)

Day's Change

0.175 - 0.185

Trading Volume

9,095,300


9 people like this.

4,790 comment(s). Last comment by JJPTR 2 months ago

huatkopi88

1,985 posts

Posted by huatkopi88 > 2020-12-03 13:00 | Report Abuse

You need to spend small money to make big money. Convert your RI and later you get OR + warrant. Once listed if they push, you will earn big

Noned

231 posts

Posted by Noned > 2020-12-03 13:15 | Report Abuse

@huatkopi88.
Once I subscribe 10 sen OR I will get back my mom n free son
Hope then.. someone will post a picture in front of t factory..haha.
Worst case I will go to Kampar..

Posted by spielmacher > 2020-12-03 13:28 | Report Abuse

"sell the OR before 10 . if not u convert it to mother by 0.10"

is this means that if we just keep the OR, it will be converted back to mother share at 10 sen? Let's say i do have 100k OR at price 1 sen by 10.12 (value RM 1k), meaning it would be converted back to 10k mother share?

Hopefully sifu could clarify this.

Noned

231 posts

Posted by Noned > 2020-12-03 13:31 | Report Abuse

@huatkopi88
Sori bro. Typo error.
Not kampar..kapar, klang.

justinyeoh

178 posts

Posted by justinyeoh > 2020-12-03 13:36 | Report Abuse

spielmacher "sell the OR before 10 . if not u convert it to mother by 0.10"

is this means that if we just keep the OR, it will be converted back to mother share at 10 sen? Let's say i do have 100k OR at price 1 sen by 10.12 (value RM 1k), meaning it would be converted back to 10k mother share?

Hopefully sifu could clarify this.

i have 100K OR (0.01)= Rm1000 , So if you convert to mother share = 100K Shares x 0.10 = Rm 10K(your investment capital)

You Get 100K mother share + Free Son !

justinyeoh

178 posts

Posted by justinyeoh > 2020-12-03 13:37 | Report Abuse

I Want To Say This to you guys , you dont want your OR but alot big shark outside there wants , Why ? cus buying in cheaper price making more money then buying the the current market value.

justinyeoh

178 posts

Posted by justinyeoh > 2020-12-03 13:39 | Report Abuse

like those who cant affort to bring up so big capital , check with your remiser see are you able to buy part of the OR share .

Noned

231 posts

Posted by Noned > 2020-12-03 13:42 | Report Abuse

@spielmacher
Sori..I x sifu.
U have to decide either subscribe t 10 sen RI + free warrant.
or sell ur OR.
Time u have.. start today and end 9 Dec 5pm.

justinyeoh

178 posts

Posted by justinyeoh > 2020-12-03 13:45 | Report Abuse

yes! , You decide , we can only share our advice / comment .

Sher11

23 posts

Posted by Sher11 > 2020-12-03 14:00 | Report Abuse

Justinyeoh hi bro, thanks for your info and may I know how to go about it on the RI for rakuten user as rakuten will only send an email on 7th Dec and the OR is expired on 10th Dec. Do u know how long will it take to subscribe?

Noned

231 posts

Posted by Noned > 2020-12-03 14:06 | Report Abuse

@justinyeoh
U can sell all ur OR or partially.
If u decide to sell partially u may use t profit to subscribe t remain OR..

# like those who cant affort to bring up so big capital , check with your remiser see are you able to buy part of the OR share

huatkopi88

1,985 posts

Posted by huatkopi88 > 2020-12-03 14:16 | Report Abuse

You need to wait hardcopy form to post to you to subscribe RI. You have until 17 Dec to subscribe if you did not sell RI by 10 Dec. Trade wisely

Noned

231 posts

Posted by Noned > 2020-12-03 14:17 | Report Abuse

@justinyeoh
Every RI has guarantor banker b4 approval by SC. Same goes IPO.
If u sell mom 11.5 n buy OR 1.5 n subscribe RI @10sen..its t same..

Except..u will get back t mom n with free son.

#Want To Say This to you guys , you dont want your OR but alot big shark outside there wants , Why ? cus buying in cheaper price making more money then buying the the current market value.

huatkopi88

1,985 posts

Posted by huatkopi88 > 2020-12-03 14:17 | Report Abuse

If no money to subscribe, please sell RI before 10 Dec else everything hangus

omega1182

10 posts

Posted by omega1182 > 2020-12-03 14:23 | Report Abuse

if use OR to subscribe to mother, how much i need to pay ?

huatkopi88

1,985 posts

Posted by huatkopi88 > 2020-12-03 14:26 | Report Abuse

Depends how many share you have been allotted.. 50k need 5k, 100k need 10k etc

Noned

231 posts

Posted by Noned > 2020-12-03 14:39 | Report Abuse

@huatkopi88
If no money to subscribe sell ur OR partially to finance ur RI.
At least u will get some free mom + free son.

justinyeoh

178 posts

Posted by justinyeoh > 2020-12-03 14:40 | Report Abuse

omega1182 if use OR to subscribe to mother, how much i need to pay ?


Look back the comment above i have stated.

Posted by spielmacher > 2020-12-03 14:49 | Report Abuse

ohh got it now..i thought OR will be converted to mother share at 10 sen for free hahaha..but actually you still have to buy( subscribe), but you could get it at 10 sen per unit. Thanks a lot brothers and sisters.

Sher11

23 posts

Posted by Sher11 > 2020-12-03 15:08 | Report Abuse

Huatkopi88

You need to wait hardcopy form to post to you to subscribe RI. You have until 17 Dec to subscribe if you did not sell RI by 10 Dec. Trade wisely

Hi sifu, if I dun sell OR before 10 Dec. What will it be, is the OR will expired after 10 Dec or it will covert to mother share? And how the RI subscribe looks like, need a hardcopy but by that time I received the OR already expired.

Sorry sifu I'm a bit confused on this

Posted by spielmacher > 2020-12-03 15:10 | Report Abuse

it is crystal clear that we should keep the OR and subscribe to mother share at 10 sen and you would get free warrants as well (ON THE BASIS OF 4 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS B FOR EVERY 2 EXISTING SHARES).

Noned

231 posts

Posted by Noned > 2020-12-03 15:10 | Report Abuse

@spiemacher
Subscribe RI is fix by co at 10sen.
U only have 2 option until 9 dec 5pm
1.Sell OR
2. Subscribe t RI at 10 sen n get free warrant.

Noned

231 posts

Posted by Noned > 2020-12-03 15:21 | Report Abuse

Since u r subscribe t OR..
u may sell t mom at 11.5 n buy OR at 1.5.
Then subscribe BOTH OR.
U will get more warrant rather keep ur mom alone..
PLS refer to ur remiser..
Tq

oskchoon

3,186 posts

Posted by oskchoon > 2020-12-03 15:22 | Report Abuse

Justinyeoh, well done for taking time to explain to the newbie how RI subscription and get free warrant, the most thing is free warrant, it is 100 % profit on what ever price you sell.. keep up the good work and your language is polite and gentle...

justinyeoh

178 posts

Posted by justinyeoh > 2020-12-03 15:25 | Report Abuse

i just want help each other only haha. even tho i buy at 0.150 i am aslo stuck with lost , so have to think the way out to cut so much lost.

Posted by zarifahmad > 2020-12-03 15:36 | Report Abuse

If sell OR can still buy the new Right Issue at RM0.10?

Posted by keanuleaf > 2020-12-03 15:57 | Report Abuse

hi guys..so, in order to purchase gocean-or, i need to go to the normal way like click BUY GOCEAN-OR for 0.01? and system will auto detect my allocation?

justinyeoh

178 posts

Posted by justinyeoh > 2020-12-03 15:57 | Report Abuse

Cant .


zarifahmad If sell OR can still buy the new Right Issue at RM0.10?

Posted by sherylstt > 2020-12-03 16:17 | Report Abuse

If i subscribe to the RI at 100k unit, how many free warrant will i be getting?

Posted by sahtis56 > 2020-12-03 16:20 | Report Abuse

can we purchase the OR share? I tried to purchase and it is pending only...

oskchoon

3,186 posts

Posted by oskchoon > 2020-12-03 16:32 | Report Abuse

Justinyeoh, you are a good person, God will bless you, I am you will make profit when it goes back up to 0.16 and above plus the profit from selling the warrant.. Good luck..

Posted by madtrader95 > 2020-12-03 16:59 | Report Abuse

how long the OR will last or expired?

justinyeoh

178 posts

Posted by justinyeoh > 2020-12-03 17:57 | Report Abuse

Guys I Give you guys an example ya will help you guys on

Mother Share : 30,000 = rm4500

OR :30,000=rm3000 (0.125)
average
OR :30,000=Rm3000(0.117)average
OR :30,000=Rm3000(0.113)average
Total OR 180,000 * 2 =90000 (rm900)
(Take Profit)
Pick Up Balance OR Shares 90,000 =Rm9000




So Lets Estimate Warrant Share Given
90,000*4= 22,500 x 3 (Free warrant B ) = 67,500 ( Warrant B)

So u get 67,500 Warrant B Share Estimate Open Price 0.05
67,500*0.05 = Rm3,375 ( profit)


Above only for reference . hope i am clear enough to explain ya.

justinyeoh

178 posts

Posted by justinyeoh > 2020-12-03 17:58 | Report Abuse

madtrader95 how long the OR will last or expired?

#Will End At 10/12/2020

So please make up your mind by 9/12/2020 5:00Pm

justinyeoh

178 posts

Posted by justinyeoh > 2020-12-03 18:02 | Report Abuse

Subject RENOUNCEABLE RIGHTS ISSUE OF UP TO 828,573,600 NEW ORDINARY SHARES IN GREEN OCEAN ("GREEN OCEAN SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE TOGETHER WITH UP TO 621,430,200 FREE DETACHABLE WARRANTS IN GREEN OCEAN ("WARRANTS B") ON THE BASIS OF 4 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS B FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 2 DECEMBER 2020

Remark:
To Entitle Free Warrant B You Need 4 OR Shares To Be Able To Get 3 Free Warrant B For Every 2 Exisiting Shares Held by entitle shareholders.

So you need OR to get free and you cant sell your mother share as well , cus u need 2 exisiting shares .

Please correct me if i am wrong.

justinyeoh

178 posts

Posted by justinyeoh > 2020-12-03 18:05 | Report Abuse

keanuleaf hi guys..so, in order to purchase gocean-or, i need to go to the normal way like click BUY GOCEAN-OR for 0.01? and system will auto detect my allocation?

#Which platform you using?

huatkopi88

1,985 posts

Posted by huatkopi88 > 2020-12-03 18:45 | Report Abuse

I am a bit confused on OR subscriptions.

1) I held 100k mother shares on ex-date and entitled to 200k OR. If I subscribed 200k OR, I will get 150k free warrants (on the basis 4OR+3 warrants for every 2 held). Today I have sold all 100k mother shares while still retain 200k OR. If I subscribed 200k OR into mother shares, I will get 200k mother + 150k warrants. Correct?

2) Those bought OR in the open market today eg. 100k OR. If they subscribe to get 100k mother shares, how many free warrants entitled? 3 for 2 or 3 for 4?

Anyone can help answer.

huatkopi88

1,985 posts

Posted by huatkopi88 > 2020-12-03 18:53 | Report Abuse

I am confused because got 2 category of OR holders. Those who got free OR based on existing shares held on 2nd Dec. Another category is those did not hold any mother shares on 2nd Dec but buy OR directly from open market today to subscribe RI

ANDY93

2 posts

Posted by ANDY93 > 2020-12-03 19:37 | Report Abuse

How can I know where the hardcopy form will they deliver? I am using rakuten

Noned

231 posts

Posted by Noned > 2020-12-03 19:54 | Report Abuse

@Justinyeoh.
If OR hit 1.5. U may get back ur 3 sen. If mom hit 12sen. U will get back ur total invest of 15sen
Hope mom will still 11.5/12 n OR 1/1.5 tomorrow..
Just an opinion.
Hope t best for u..

Noned

231 posts

Posted by Noned > 2020-12-03 20:27 | Report Abuse

@ANDY93
Post to same CDS address.
Ask ur remiser if they have online link n FPX transfer..

Noned

231 posts

Posted by Noned > 2020-12-03 20:39 | Report Abuse

@huatkopi88
1. Correct
2.75 (same 4 to 3)
T only different is u get t OR free. Other have top pay t OR.
Both OR will combine in ur profile..

justinyeoh

178 posts

Posted by justinyeoh > 2020-12-03 21:54 | Report Abuse

ANDY93 How can I know where the hardcopy form will they deliver? I am using rakuten

# they will send you email on 7 dec 2020

justinyeoh

178 posts

Posted by justinyeoh > 2020-12-03 21:56 | Report Abuse

yes , i understand on the above . so all i can say is buy RI to cover lost haha.

huatkopi88

1,985 posts

Posted by huatkopi88 > 2020-12-03 21:57 | Report Abuse

Thank Noned for the confirmation. Let's hope for big push on mother after warrant listing. Double bonus!

roshazli

153 posts

Posted by roshazli > 2020-12-03 22:07 | Report Abuse

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BENGALURU (Dec 3): Emerging Asian currencies and stocks broadly firmed on Thursday, as news that Britain would start vaccinating citizens against the coronavirus next week fanned hopes of a swift global economic rebound next year as the pandemic subsides.
Signs of progress in U.S. stimulus talks overnight also supported risk appetite and investors shunned the U.S. dollar in favour of currencies with higher yields and other emerging market assets.
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Philippine stocks added 0.6% after data showed the country's unemployment rate eased in October as coronavirus curbs were gradually lifted, while Thai shares <.SETI > bounced 0.4%.
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Thailand also faces risk from continued political uncertainty and anti-government protests, which have been raging for months.
"The protests do not bode well for an already-contracting economy. We see political tensions mounting and lasting into 2021, with no clear solution in sight at this juncture," said Tim Leelahaphan, an economist at Standard Chartered.

Noned

231 posts

Posted by Noned > 2020-12-03 22:09 | Report Abuse

@justinyeoh
I meant differently..
Q sell all ur mom share at 12 sen
Q sell all ur OR 1.5 sen
Then u will get back ur 15 sen.

For confirm..pls check ur profile..if OR 1.5sen n mom 12sen..total investment..should be even..
I might wrong..

MataTiga

244 posts

Posted by MataTiga > 2020-12-03 22:16 | Report Abuse

@ noned, means if i sell my Mother shares tomorrow and top up OR. I will get more free warrants?

Noned

231 posts

Posted by Noned > 2020-12-03 22:44 | Report Abuse

@MataTiga
If u sell mom at 11.5 sen n buy more OR at 1.5 sen n subscribe BOTH OR at fix price 10 sen...
YES..u will get more free warrant.
Pls consult wt ur remiser 1st.
Maybe u will make loss on selling ur mom..

Muhdali

58 posts

Posted by Muhdali > 2020-12-03 23:46 | Report Abuse

i have 450k unit mother share b4 exdate.. if i subscribe RI total 1.35milion unit mother and warant 675k unit???

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