JC, maybe you are right. But the figures looks a bit high, the rights were for every 5, you get 15 ICPS I think. I believe many have been converted in 2017 during that run up. But I could be wrong. If there are more ICPS than the mother shares now, then the ICPS should have a much higher volume transacted.
Read annual report la then u know how many icps left and look back bursa icps announcement then u know roughly how many unit left.. for my calculation it left 400m of icps, so faster sell la who ever cant hold dont later icps come out then panic agn
Annual report announced, u can see how many icps left.. as of MAY 29 icps is around 470M, and after 29 MAY already converted 70M share, so as i said it will left around 400M icps ;) my statement is no wrong ;)
*The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa Malaysia) have decided to further extend the temporary suspension of short-selling to 31 December 2020.*
There will not be any change to the scope of the suspension, in that, it applies to Intraday Short Selling (IDSS) and Regulated Short Selling (RSS), as well as intraday short selling by Proprietary Day Traders. Permitted Short Selling (PSS) is not affected by the temporary suspension of short selling, as PSS is necessary for market makers to market make the relevant securities such as exchange-traded funds efficiently.
The temporary suspension, which began on 24 March 2020 was extended on 28 April 2020 and is scheduled to expire on 30 June 2020.
To those ppl in this forum pls write ur comment base on fact n dont give opinion or idea or ur thought or base on hearsay coz u are distract others investors that really keen to make some profit. As i did mention earlier it still never reach the bottom yet . But pls be caution next week n watch closely the trend and the movement of this counter. Invest wisley n the risk is urs
Someone in this forum says that im sinking with AT but we will see next week who is laughing happily walk to the bank. I hope others who did follow will make good profit too. Cheers
MR jb161802, I am still holding CC tickets at 0.36, I trust you and I hope it will go to RM 1.. actually I do not understand what you mean., the price will fly next week ..? Or it will drop to lower .? I really need advice. Thank you.
Remember gadang bought into DWL for project end up burn its investment. This can be happen if change of government, the best biz is to be independent don't every day think about government project. Risk high
whole thing could drag on even longer than anticipated..pls make your own informed investment decision and not just blindly clutching onto a 'nobody's' words
Damn takut if they release 400 million icps.. but it shows... they need to 1)gain more share for rto and 2) icps is a liability for the company acquiring. So need to reduce. If they do this to all icps. Better buy more. Shows they are serious on the rto
British sounds like conversion of icps have their own benefits also, even if those icps holders sell their shares it will only successful selling if someone buying it, which mean in the end the volume will same is it right? And somemore the liability of the company will refuse to the conversion
The bottom comes when the release all icps? How long will they take to release? I think they better make announcement of rto success while releasing icps..or i guess while releasing icps, s5buying up all the stocks
Birkincollector masih tak hilang mabuk lg ke> dok merapu jer kat sini apa hal . Always give useless comment. who follow AT its time for them to collect their reward this week.
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....
Justmeme
245 posts
Posted by Justmeme > 2020-06-26 12:50 | Report Abuse
JC, maybe you are right. But the figures looks a bit high, the rights were for every 5, you get 15 ICPS I think. I believe many have been converted in 2017 during that run up. But I could be wrong. If there are more ICPS than the mother shares now, then the ICPS should have a much higher volume transacted.