Buy because of good proposal not goreng Bursa already warn no goreng goreng ... pump and dump Proposal submitted ready wait for bursa to approved Price can inch up slowly ... Bursa approved then fly .... Very good proposal for all
Worth buying at this price for the rights and free warrants. At 8sen, ex-date price is round 4 - 4.5 sen. Maybe they might push up to 10, 11 sen before ex-date. Correct me if I am wrong.
Original proposal : The Proposed Par Value Reduction involves a cancellation of RM0.09 of the par value of every existing ordinary share of RM0.10 each in the issued and paid-up share capital of EAH pursuant to Section 64 of the Act. The Proposed Par Value Reduction will give rise to a credit of up to RM170,393,922.10 which will be utilised to offset the accumulated losses of EAH at the Company level. For illustrative purposes, the effects of the reduction of the accumulated losses of EAH at the Company level based on the latest audited statement of financial position of the Company as at 31 March 2016 and the latest unaudited statement of financial position of the Company as at 30 September 2016 are set out below:-
Replace by new proposal due to no-par value regime:
The Proposed Capital Reduction is proposed to be undertaken by EAH to write off its accumulated losses (at the company level) ("Accumulated Losses") to the extent of RM44,615,533 as at 31 December 2016.
3 lot become 7 lots+2 WC.........ex price will be mother 4 sen WC 3 sen (7x4 sen + 2x3 sen =34sen) make only 4 sen , not a good move....................
i really dont understand what so good about this share..con counter and no hope at all..in the past ia a fundamental company..but now is crap counter..dun get trap guys..
As long as you make money, doesn't matter what crap counter is this. Stock market, forex market are like legalised casino for people to make & lose money by speculating.
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....
talk3talk4
8 posts
Posted by talk3talk4 > 2017-03-22 12:45 | Report Abuse
means need to take their exercise to leverage on our share price ....?