wah.... many ppls died loh. Private placement only RM0.385 for own pocket .. but RM 0.70> still many ppls jump in. Please check on bursa.. how many Quantity they add in.
now the ironic thing is happening just like it happened at 56 cents, it is pulling upwards again, if it goes like this I think it can easily break the RM1.00 barrier anytime and proceed even further.
the chances of freefall is more potent. Bursa is saying it doesn't see any reason why the price is spiking. if tomm the management replies they dont know as well, what do you think your chances are?
if people dont take this chance to sell, hmmmm.....
brothers and sisters .. please check in Bursa the private placement. The price is RM 0.385 ONLY.. If u jump in now .. mean someone gain 100%> from that.
0159 AMEDIA ASIA MEDIA GROUP BERHAD Additional Listing Announcement
1. Details of Corporate Proposal Whether the corporate proposal involves the issuance of new type and new class of securities? No Types of corporate proposal : Private Placement Details of Corporate Proposal : PROPOSED PRIVATE PLACEMENT OF UP TO 22,800,000 NEW ORDINARY SHARES OF RM0.10 EACH IN ASIA MEDIA GROUP BERHAD ("AMEDIA") REPRESENTING NOT MORE THAN TEN PERCENT (10%) OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF AMEDIA PURSUANT TO SECTION 132D OF THE COMPANIES ACT 1965 (PROPOSED PRIVATE PLACEMENT) No. of shares issued under this corporate proposal: 11,400,000 Issue price per share ($$) : MYR 0.385 Par Value ($$) : MYR 0.100 Latest issued and paid up share capital after the above corporate proposal in the following Units : 250,800,000 Currency : MYR 25,080,000.000 Listing Date : 29/06/2012
11,400 lots x (RM 0.385 - RM 0.80) = RM 4.7 Millions .. GAIN
Why not issue Right issue or Bonus??? since they plan to convert to MAIN MArket. Private placement mean .. take care own pocket only. No point to take risk ..
Many believe Amedia can reach even RM 2... His boss only 31 years old... Too young .. High risk.. I will not buy this type of share .. even u tell me it will reach RM 5 ... Sorry, we have to take care our hard earn money ..
better to sell fast or perhaps kena kau kau...but then the opposite may happen too, yes perhaps only....decision is always yours as I can only advice.....as I said "bird in hand is better than 2 in the bush"....cheers.
Good for you brother TuaHuat & I am really happy for you [ as well as others too] as you follow me and not listen to some idiots & dastards who advice you from buying when I first recommend you all to buy. Now you all laugh all the way to the bank while these idiots, dastards & big smelly mouths eat their own shit, haahaaha.
BTW, I make about 170%++ only...much lesser than you brother TuaHuat, cheers.
BTW, I will only be here for a few more days & after that I will only do my recommendations & writings in my forum which incidentally is closed for new registration....until then I do hope that you all will succeed when you play the market & as always do your homework....never listen to those who make a call to buy when no FA & TA are given and other necessary details.....cheers my friends & adios.
By the way, if the answer given to BURSA is unsatisfactorily for UMA and then the price drop further, can jump in again coz not yet announcing transfer to MAIN board?
congrats to you too TuaHuat...and bro Chong kindly include us in your private forum, your 'Amedia gang' since you are insistent on leaving i3investor (hope you would have a change of mind).
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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....
TuaHuat
1,462 posts
Posted by TuaHuat > 2012-08-08 13:30 | Report Abuse
Jayrc23, u noticed about the UMA ? Better be careful