so i believe, the key word of the success for this stock is "Private placement". He already give some more a good example of other counter who has done a peivate placement before for us to compara n het a clear picture.
We should conbey a special thanks, nothing much for the kindness n effort to wrote articles/comments for us to digest n make a wise decisions.
See_research is consider a sifu i guess.. rather than people keep promoting with noises or no fundamwntal analysis.
Meskipun Hang Jebat angkuh mengamuk, tapi Hang Tuah harapan Bendahara tetap berada. Ujian vaksin Covid19 belum berjaya lagi, Ini bermakna kaunter sarung tangan masih kuat dan akan pulih kuasanya.
Pls commence to collect on (i) RM 0.54 The above price falls in the category with strong margin of safety.
Strong catalyst - - - as private placements on the 20% share base to raise RM 9.6 millions by end 30 October 2020 Private placements to high net worth individuals Proposed price for private placements RM 0.50 per lot
Price target RM 0.85 to RM 1.00
Profit target 55 % to 85 %, By 30 October 2020 ( that is more conservative)
The second catalyst is HLT zoom to limit up on 14 September 2020 and 15 September 2020 ( 2 days in a row)
HLT (bigger) is the rubber gloves dipping lines systems KSSC is the smaller glove dipping lines systems In KLSE, only 2 listed glove dipping lines systems.
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING K. SENG SENG CORPORATION BERHAD ("KSSC" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 20.0% OF THE TOTAL NUMBER OF ISSUED SHARES OF KSSC PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("ACT") ("PROPOSED PRIVATE PLACEMENT") K.SENG SENG CORPORATION BERHAD
Type Announcement Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING Description K. SENG SENG CORPORATION BERHAD ("KSSC" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 20.0% OF THE TOTAL NUMBER OF ISSUED SHARES OF KSSC PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("ACT") ("PROPOSED PRIVATE PLACEMENT") We refer to the announcements dated 25 August 2020 and 2 September 2020 in relation to the Proposed Private Placement. Unless otherwise defined, the definitions set out in the previous announcements shall apply herein.
On behalf of the Board, UOBKH wishes to announce that the listing application in relation to the Proposed Private Placement has been submitted to Bursa Securities on 3 September 2020.
kyosan, any structured warrant is designed to provide the issuer with the advantage. The law itself says, the issuer has to Market Make. What does that mean? Ensure that the issuer does not lose money?
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....
kuring2
605 posts
Posted by kuring2 > 2020-09-11 23:12 | Report Abuse
so i believe, the key word of the success for this stock is "Private placement". He already give some more a good example of other counter who has done a peivate placement before for us to compara n het a clear picture.
We should conbey a special thanks, nothing much for the kindness n effort to wrote articles/comments for us to digest n make a wise decisions.
See_research is consider a sifu i guess.. rather than people keep promoting with noises or no fundamwntal analysis.
Anyway.. tq see_research..