SANICHI TECHNOLOGY BERHAD ("SANICHI" OR THE "COMPANY") - RENOUNCEABLE RIGHTS ISSUE OF UP TO 779,928,448 NEW ORDINARY SHARES OF RM0.10 EACH IN SANICHI ("SANICHI SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.11 PER RIGHTS SHARE TOGETHER WITH UP TO 389,964,224 FREE WARRANTS IN SANICHI ("WARRANTS D") ON THE BASIS OF TWO (2) RIGHTS SHARES TOGETHER WITH ONE (1) FREE WARRANT D FOR EVERY ONE (1) EXISTING SANICHI SHARE HELD BY THE ENTITLED SHAREHOLDERS OF SANICHI AT 5.00 P.M. ON 14 JUNE 2016
why nobody talk about capital reduction from this company how come from 10000 lots it become 2500.Lucky thing l am a small investor.What about the big timer who invest a lot of money.Company go bankrupt never mind but to cut from 10000 lots to 2500 means we are losing alot of money,If this goes on alot of company will follow suit like Amedia another company doing the same thing.Can somebody explain on this issue.l doubt whether l can trust this company anymore even if they give us warrants.
l salute you and congratulate you because u bought the share cheap.As to me l am holding this share for close to 2 years and l bought it that time is close to 0.15 cents.Half of my pension money hoping to make a few hundred bucks.Unfortunately it went down to 0.08 cents before the capital reduction.Simple arithmatic like 10000lot x 0.08cents = rm800.00.Now they increase to 0.14 cents x 2500=rm350.00. Is this what you call fairness?.l am losing a little of my pension money never mind.To those who is holding this share for a long time and bought a few thousand units my apology to them.According to source they got the approval.Remember not all pensioners are internet savy,they just follow their friends advice to what cheap stock to buy.Now they are trap like me.
Should i call you uncle sunguy. This is a tough lesson for you. Remember if invesr in penny stock dont put more than 20%capital in one share. Hope you can recover well.
Yes....cheap... 0.14/4=0.035 cent... tp 0.28...yes cheap cheap...buttttt may be cheaper...............if no luck sure kena lagi.....if lucky then operator will push to 28. careful when invest in penny stock....invest not more than 10K or 20% of yr cap.
Yes....cheap... 0.14/4=0.035 cent... tp 0.28...yes cheap cheap...buttttt may be cheaper...............if no luck sure kena lagi.....if lucky then operator will push to 28. careful when invest in penny stock....invest not more than 10K or 20% of yr cap.
Flyingkite . Do you mind I ask ? Why today our or show dropped 90%. How they calculate the original price is 0.005 and the system show dtop 0.045 until now. I thought the original price should be 0.03 if I use mother share deducted.
Sorry if I ask too much. Because I am still very new here. Flyingkite .hope you don't mind and thanks very much for your help
Name MR MAH WEE HIAN @ MAH SIEW KUNG Nationality/Country of incorporation Malaysia Descriptions (Class & nominal value) ORDINARY SHARES OF RM0.10 EACH Name & address of registered holder MAH WEE HIAN @ MAH SIEW KUNG Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction Description of Others Date of change No of securities Price Transacted (RM) Acquired 11 May 2016 105,000 Acquired 13 May 2016 105,000 Acquired 17 May 2016 30,000
0.005 cent????? how much can get? after subscript, the new share will be 0.11 cent, if the price maintain at 0.13 the the earning is 0.02 cent + free warrant.
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....
asahmad
1,001 posts
Posted by asahmad > 2016-06-14 11:43 | Report Abuse
May be 3 sen