AHMAD FUZI age 67 , tan sri, chairman of takaful bhd, non excutive director of puncak niaga, chairman of ace credit m sdn bhd,EX SECRETARY GEN AT THE MINISTRY OF FOREIGN AFFAIRS<SECRETARY GEN OF WORLD ISLAMIC ECONOMIC FOUNDATION,and many more, he bought 10+m shares @ 25.5c on 20.3.17
no need confused based on conversion , mother shares at 0.265 PA Conversion Price 0.075 = 0.195 WA Conversion Price 0.10 = 0.165 WB Conversion Price 0.10 =0.165 which is better ...
PM SIM, the registrar SECURITIES SERVICE HOLDINGS SDN BHD level 7 menara milenium damansara heights tel 03 20849000, usually the conversion take few working days,you can get the form from them or from your broker, better submit BY HAND
PA is converted by surrendering 4 PAs @0.025cts each for 1 ordinary share. if u sell in the open mkt 4 pa @0.20c u can in return buy 2.9 ordinary shares. so its either connect ordinary share price has lots of catching up to do or its PA has been over priced by the mkt.
now pa 20c no one will apply mode 1 ,under mode 1 20c x4 = 80c to 1 mother share = 27c , loss 53 c. people will choose mode 4 . ( 20c + 7.5c = 27.5c to 1 mother share = 27c)now mode 4 also in premium so no one will go for conversion
Waooo... Nice movement. YE 2017 just warm up for connect. Before 1st QR report out, ady increase a lot. When come out QR. I believe that can hit to 0.35 to 0.40 for mother stock
I found out something funny math calculation in share. eg 1: Share price drop from RM 1.00 to RM 0.10 = 90%. Said painful, but still got 10% left. eg 2: Same share increase from RM 0.10 to RM 0.20. Investor Said increase 100%. Totally earn enough. Want run away.
But for those ppl who start invest in eg 2 dont know this share just start warm up to climb up only
Tan Sri Ahmad Fuzi continues to mop up shares in the market, catapulting his direct stake to 12.55%. Apart from that, Ace credit in which he is the chairman, holds another 16%. Here is the breakdown of shareholding. Almost 45% is tightly held by these 4 biggest shareholders. Free float maybe less than 40%, which make it easy for the share price to go up.
Ace Credit Sdn. Bhd. - 16.08% Tan Sri Ahmad Fuzi - 12.55% Mr Chang Choon Ming - 9.61% Mr Ang Chuang Jay - 6.71%
In addition, ConnectCounty had invested additional RM10 million to expand their capacity, reflecting the confidence of directors on the company outlook. They will not invest the huge sum of money if they are not expecting at least IRR of 10%, aren't they?
Can't wait on the Q1 2017. Probably limit up tomorrow?
this share is you have money than you buy , and you keep ,if you hope for getting rich in one night and hope for limit up than it is not your cup of tea
may i ask ,if i wanna for invest this counter,wa is the better choice anot?because now only 0.165.lets say convert +0.1so 0.165+0.1=0.165 still lower than mother share right?
2017ks this share is you have money than you buy , and you keep ,if you hope for getting rich in one night and hope for limit up than it is not your cup of tea 30/03/2017 05:33
Connect is an excellent company. Well managed with almost ZERO-DEBTS. Cash at bank is 14.607m RM. Revenue in the last Qtr was very good ie 26.02m . This company also has forex reserves especially in USD Dollars. Main areas of sales are in Singapore, China, Malaysia and USA. Very good potential for growth.
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....
chongkk
21 posts
Posted by chongkk > 2017-03-28 11:34 | Report Abuse
rogerlth why buy warrant no confident on mother uptrend buy PA have confident on mother uptrend...i confused now...