PRIVATE PLACEMENT OF UP TO 106,718,000 NEW ORDINARY SHARES IN THE COMPANY
On behalf of the Board, Mercury Securities wishes to announce that the Board had on 13 December 2021 ("Price-fixing Date") fixed the issue price for the first tranche of placement for 25,000,000 Placement Shares at RM0.1850 per Placement Share ("Issue Price").
The Issue Price represents a discount of approximately 8.55% to the 5-day VWAP of the Shares up to and including 10 December 2021 of RM0.2023 per Share, being the last market day immediately preceding the Price-fixing Date.
This announcement is dated 13 December 2021.
================== Directors continue fund raising by issuing new shares to PP investors NOSH continue to rise resulting in dilution of existing shareholders equity and EPS
not sure today will bounce back or will slowly downtrend to 0.190. but actually can slowly collect from now... 0.195 collect some 0.190 collect some then 0.185
but my advice is not to all in... because we do not know how much effect omicron is... if omicron spreading fast... and government launch another mco sure will die all recovery stock
lol not so fast la whole market sentiment still not recovered... now tech counter alot drop... this all would effect. see end of January what condition first only can give most accurate tp.
I waited till year end expecting price going up, turn to nothing. Wait for cny, nothing. This counter take forever to up and that is why it named PARKSON. Just PARK, SON.
Full year 2021 earnings: EPS exceeds analyst expectations
Full year 2021 results: RM0.065 loss per share (up from RM0.34 loss in FY 2020). Revenue: RM3.60b (up 6.8% from FY 2020). Net loss: RM88.4m (loss narrowed 76% from FY 2020).
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 122%.
Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 10% per year.
Potential Turn around company to ride on the recovery theme
Indeed ! (March 3): Outflows from Russia in the wake of sanctions and index exclusions due to Ukraine war can find home in Indonesia and Malaysia as both Southeast Asian nations produce commodities like Russia and Ukraine, according to money managers Samsung Asset and Modular Asset.
not sure this global crash will continue till when... last week I also cutloss already .. if you wish to break even..... I think is achievable after March...
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
wallstreetrookie
9,784 posts
Posted by wallstreetrookie > 2021-12-15 09:17 | Report Abuse
this stock is getting way too cheap