ESOS are not free shares to the employees. 26 million @ 8.5 sen have raised RM2.21 million for the Company. Why would employees pay RM2.21 MILLION to subscribe? Today at 7.5 sen I am buying it cheaper than the employees who paid RM2.21 MILLION.
I don't have any unhappiness with MLab. During the nationwide CMCO I picked up MLab at 1.5 to 2 sen and ended up with over one million shares. Eventually sold at prices up to 7.5 sen before the consolidation of the shares and made RM36,000 gain. In fact I announced my disposal in the forum every time I sold. Everyone else then was so bullish targeting 10 sen. The proceeds from the sale of MLab went into Jetson at 16-19 sen, Reach at 7.5 sen and Masteel at 28-30 sen. I held on these three counters for a few months and recently sold Jetson as high as 30.5 sen and Masteel as high as 52 sen. I still holding on to Reach. MLab has been good to me and I am thankful to MLab.
@Turtlemelon, you asking tp? When I enter a counter at a particular price my objective is a minimum of 30% gain. If the counter upon hitting 30% gain is still on an uptrend I will let run as far as it can go. I have a portfolio of around 20 to 25 counters.
I have been playing in the stock market since 1993 when I was in my 20s. I used all my hard-earned savings of RM60k and have reinvested every single sen I made from the shares that I sold. For the past 21 years I have not lost in a single counter that I bought.
Strategi yang sama, pengarah eksekutif yang sama juga, netx turun sampai 9sen sekarang 14sen, satu sen lebih tinggi drp RI price. Mlab juga akan balik 10sen sekurang-kurangnya sabar je
Additional Listing Announcement /Subdivision of Shares MLABS SYSTEMS BERHAD
1. Details of Corporate Proposal Involve issuance of new type/class of securities ? No Types of corporate proposal ESOS Details of corporate proposal Employees' Share Option Scheme No. of shares issued under this corporate proposal 26,000,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0850 Par Value($$) (if applicable) Latest issued share capital after the above corporate proposal in the following Units 906,977,090 Issued Share Capital ($$) Malaysian Ringgit (MYR) 86,347,895.750 Listing Date 23 Dec 2020
this forum a lot of dramas haha. 2 gengs spitting here and there. Niama if you bought then just be patient and wait for result. If you didnt plan to buy then just keep your mouth shut and move back to your nest.
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