The implementation of the Proposed Share Consolidation and the Proposed Rights Issue with Warrants will give rise to adjustments to the conversion price of the ICULS under the provisions of the Trust Deed and the exercise price and number of existing Warrants B and Warrants C (“Additional Warrants”), in accordance with the provisions of the Deed Poll B and the Deed Poll C.
Such necessary adjustments will only be finalised on the entitlement date for the Proposed Share Consolidation and the Rights Entitlement Date and will be effective on the next market day after both the aforementioned entitlement dates.
hello, still remember me ? nightkid remember when i tell u all run? 0.09 haha, still believe peace master, bullrun , tomjerry? believe nightkid better gong xi fa chai to all who kenal trap. happy CNY to all sanichi shareholder.
last time tell u all run dont want run. haha. now no chance already... haha today price is quick low, i suggest to buy in .055 and 0.06. today coz next week quater result will come out n heard result is quick good. buy in before too late
lol. awong, me collect .055, sure tell ppl buy in. haha anywhere, just think urself whether .055 is good price to enter? this is my second time buy .055. happy to share with u all.
KLSE is not protecting small investors. What are they doing? Another case of obvious insider trading by Directors, selling way before they announce to others.
There is a reason why a stock is valued very low price by the market players. Sanichi has price earnings ratio of 35 with only rm0.07 yesterday makes it expensive! So price will drop some more until below rm0.042. What is worrying is negative free cashflow consecutive past 4 years. Avoid this stock if you are wise!
In the past so many company proposed like this proposal to create panic among investor. So the price will drop suddenly. So the director can buy back shares with the cheapest price. I think this propoal will not approve by SC because got an issue of manipulated shares. I have traced their activity when within a few minute selling price change with lower selling and buying price. Investor buy high will in lost position within a few minute.
Mr.Coldrisks you can check trading before CNY, a lot of buyers bougth at 0.08 then the price change suddenly to 0.07(buy) and 0.075(sell) within a few minute.Those who bougth at 0.08 will trap.This type I classify as manipulated share. Buyer and seller was same group but with many trading account.
I mean the SANICHI managements can find the way to exercise the -WC to fill in more money, if you really care for minor shareholders like Fam Jenny, Calvin Tan Eng Y, hasim daud and Coldrisks,
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....
Lydia
59 posts
Posted by Lydia > 2016-02-19 10:58 | Report Abuse
SANICHI-WC more worth than sanichi-wb... somemore today drop 1 cent...