They export majority of the prawn to korea and china, so MCO in Malaysia did not effect their market. Covid cases in korea already reduce and under control, same with china. But i'm not so sure about supply and transportation in sabah whether it will distrub their production and export.
Redeemable convertible normally issue to the other party instead of cash to pay for debt, buy land, buy factory and such. As and example company buy land price rm 100 They issue 100 rc to land owner at rm 1 per rc The land owner can keep it or convert to mother share. If the currrent mother share price rm1.50 then the land owner make profit rm50. When the land owner convert RC to mother share, issue share will increase and dilute shareholder earning (EPS become lower) Example company share 1000 unit, when land owner convert all RC. The company share = 1100 unit If company earning did not improve EPS will become lower. But if the earning growth, its no issue.
In case of MAG RC, the convertible price are rm0.20. and the current mother price also rm0.20. This mean that the RC owner believe that to own mother share is better and see upside to the mother share price. The company earning will growth as they use the rc to invest in prawn farm.
Nice close 195 with last volume entry.. 3week before cny. Can monitor this stock to shoot up.. See the pattern chart 1month before CNY last year 2020. The pattern goes same. Down first before shoot up to maximum price 255
Not hidup Anwar.Mati anwar.Wht had him done.Nothing to the people. All the times wanted to be PM.During PH reign Wht had him done for the Chinese.More prostitute like sugar baby.Not just Chinese but Malay also .Who approved Sabah election ,when the election cost the spread of Covid-19 to Peninsula Malaysia.Do Anwar stop it,Do Lim Guan Eng stop it?Who pay for the losses of Covid-19 due to Sabah election.
Posted by Hidup_Anwar > Feb 19, 2021 3:29 PM | Report Abuse
That's why Anwar must be PM 9. Why QR last qtr so good cannot goreng like Dnex, etc?
Hidup_Anwar 902 posts Posted by Hidup_Anwar > Feb 19, 2021 3:29 PM | Report Abuse
Wht Perikatan and Muafakat had done is there give handout and control Covid-19 till dead.More and more Chinese being prostitute include Malay till reach hundred of thousands.Selangor is PH ruling.Wht had the state government done in Covid-19(very little) and Sugar baby case, nothing but play too much politics.BN ruling only lower end 5 digit but its reach 6 digit mark since PH reach state and Federal seats.
Posted by Hidup_Anwar > Feb 19, 2021 3:29 PM | Report Abuse
That's why Anwar must be PM 9. Why QR last qtr so good cannot goreng like Dnex, etc?
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....
Batman_Return
569 posts
Posted by Batman_Return > 2021-01-09 11:06 | Report Abuse
CNY around the corner. Price will push up. Warrant also still disc.