The RI is on 24th of November but do be informed as well that the Qr report wil be out during that time as well and as said its a very good Qr report so buckle up your seat belts and enjoy the ride...
I think the bod, will eat all the RI and free warrant then dump free warrant in market after report 500mil profit and market go eat up all the WA-WC...
U hv to see from BOD point of view, let say they own the share since 30-40sen last time...and price tank until 12 sen...what are the best way to average down without buying at 12sen?
That's by issue RI at dirt cheap price. But if the announce the RI at 1sen, ppl will dump from 12sen to 1 sen which going to hurt their current holdings. So, the balance is 8sen with a big bunch of warrants.
When they announce their handsome 500mil profit with 0.5sen dividend. They will own the most shares in mother shares, WA, WB and WC. They will hv 4 supermax in one counter. Watch out.
1mil share average at 0.083sen, sold 500K at 13.5sen, then subscribe another 500K share RI at 8 sen. U know what I get at the end?
25K profit in cash. 1mil shares with avg price at 8sen with 400K share in WC. Then QR out 500mil profit with 0.5sen dividend(rmb RI takes 8sen? give back 0.5sen per share still got balance 3.5sen per share). If every 5sen up mother share is equivalent to 2sen in warrant. I make about 70K. Can laugh to the bank liao.
Ini BOD punya calculation. Bukan calang2 org faham apa sedang berlaku.
How Mr brain between both side of ur ass...U got own any shares? got the right to subscribe or not? But if u hold at 20sen above last time, subscribing to RI is a good chance to average down. If 500mil profit with 0.5sen dividend. I guarantee u breakeven the next day. ___________________________________ pineapple123 RI 8 c
else, right listing no one buy. And if they prop the price high high....can consider sell both right listing and Mother share...Ini advice adalah untuk yg hold below 8 sen....when they prop price high high, don't itchy sell first. Wait, after ex date.
Let say ur current average price is 8sen. Operator prop to price until 15sen before ex date. I think they going to support the price there at 15sen after ex date. Different between mothershare and Right ex price is 7 sen. Ur rights will worth anywhere between 3-7sen.
This way, u get to make 7sen profit and another 3-7sen from selling the right. Then, after RI is exercised. i think will tank all the way down to 6sen. Collect everything back.
Another play book is see how high the operator going to prop the price up, then sell half and subscribe.
E.g. Let say U own 1mil share at 8sen average. They prop the price to 16sen on ex date. Then u sell 500K shares before ex date. Lock in 40K profit. Then subscribe the RI with ur profit for 500K shares and get 500K free warrant. With this move, ur cost to own 1mil share and 400K free warrant is only 40K. Unless after exercise price drop below 4 sen and warrant worth nothing. You just CAN'T lose money. Just saying. =P
Those that didn't buy at 8sen don't come kao beh kao bu here when jalan. 8sen that time u say Scam la. Stupid bod la. When sudah 16sen sudah jalan also say scam la, BOD stupid la. Remember, in the end of the day, you are the only one stupid.
Those that's not onboard. Then pick a price u like. Unlikely operator is going to let it drop below 10sen until Ex date. Now the question are they going to push 20sen before QR or after.
EIther way, those enter below 10sen going to make money. U just hv to decide what's ur risk and how much money u wanna make
Guys , expect a good week for fintec shares next week ... expect fintec to spike pending the 3Q profit announcement of not less the projected RM500.0 million and the corporate exercise to ex on 24h Nov...
Guys , fintec is a good altenate investment for AT Sys as fintec owns appro 420 million shares of AT System , value at RM106.0 million...if AT Sys shares continue to spike, it will add value to fintec shares...
Fintec holding in AT Sys shares is almost equal to Fintec market capitalisation ..... last chance wagon for next week ...
Fintec has appro. 1.5 billion shares in Focus and based on the conservative mkt price of 70cts, fintec holding in focus is appro.RM1.0 billion. Fincec also has holding in Komark which they acquire at 40cts per shares...
i think that's the game plan...collect more now, don't push yet...
Subscribe the Right issue, get the free warrant first...every 5 sen up, profit from the original shares u own, the new shares from RI and also 0.8 from warrant. 4 supermx in one.
In Mid-Dec, I still start to talk shit about fintec at 30-40sen. U guys will wondering why I talk shit. 9sen cheap that time don't want buy. Wait 30-40sen only come and chase. I will call you sohai.
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....
Westeros
834 posts
Posted by Westeros > 2020-11-12 15:54 | Report Abuse
The RI is on 24th of November but do be informed as well that the Qr report wil be out during that time as well and as said its a very good Qr report so buckle up your seat belts and enjoy the ride...