General Announcement (201901163000073) Company Name TATT GIAP GROUP BERHAD Stock Code / Short Name 5178 / TATGIAP Date & Time Announce 16/01/2019 02:36:32 PM Subject Additional Listing Announcement /Subdivision of Shares
Content 1. Details of corporate proposal Whether the corporate proposal involves the issuance of new type and new class of securities? N Types of corporate proposal : Exercise of Warrants Details of corporate proposal : Exercise period of Five (5) Years, free detachable Warrants issued pursuant to the Renounceable Rights Issue of Irredeemable Convertible Preference Shares (ICPS) at an issue price of RM0.06 per ICPS together with free detachable Warrants on the basis of 8 ICPS together with 1 free Warrant for every 2 existing Ordinary Shares No. of shares issued under this corporate proposal : 35,000 Issue price per share ($$) : 0.1200 Par Value ($$) (if applicable) : 0.000 Latest issued share capital after the above corporate proposal In the following Units : 228,880,302 Issued Share Capital ($$) : Malaysian Ringgit (MYR) 31,673,059.000 Listing Date : 17/01/2019 Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
contra player sure die fast.. long term player die later... if willing to hold longer time, sure can breakeven... maybe 1 year? maybe 10 years? hahhahahhaa
The major shareholders will not make money at base conversion price 0.120. They need to trigger another goreng case. I am putting TP 0.15, trade at your own risk
I think the acquisition went well but some parties came and ramp prices beyond its nominal value. I think with the new contract this counter should be worth 20 cents once they execute.
The buy queue was 600000 in morning but volume done only 300000+. Yes, fake queues again. At 4.44pm, will it go down again like yesterday and this afternoon or up suddenly?
I am not sure, very speculative counter, controlled by sharks. They will do as they wish, no technicality to justify. I am again being optimistic that it will at least attempt for 0.15 before stabilizing back down
The sharks are usually people with big cash, insiders, fund managers or bankers who wants to manipulate movements. For example, now you are seeing a big queue at 0.115, and that is placed by shark. You would think that's a good position to buy, and then you place another queue at that position. Just minute later, you will see that big lot disappear and your queue has hit buy. Quickly the sharks will sell your 0.115, and price goes further down to another support. That's how they manipulate movement
In contrary, sharks can play buy direction also to encourage more to come with the intense buy volume, then allow retailers only to keep buying and push price up, then sharks enjoy sell at higher price. Basically sharks are triggers, either downwards or upwards.
cashflow, then if that's the case, its better not to buy any shares? or buy and hold? cos the sharks will be gone eventually as time goes by, am i wrong? correct me if im wrong. thanks again
For retail investors like us, we try make margins based on risk of the position we decide, if today you enter at 0.12, maybe tomorrow become 0.15, and if you sell you make 25%, same goes the opposite if it goes down, depending how many points, you may lose if it does not come back at 0.12.
Shark may have entered at base price 0.115, looking at historical chart and spikes, this appears average bottom, hence they could be holding it to prevent further losses. So they either waiting retailers to make move to buy up, or waiting for another white knight to throw big bucks.
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....
YSL76
1,660 posts
Posted by YSL76 > 2019-01-16 13:23 | Report Abuse
Hahahaha... Luck yesterday I buy 0.14 sold 0.14 LOL