YuHainTeck Logically......if the share price is below 29.7c....then who would want to take up the PP? Might as well buy cheaper from the open market. So by hook or by crook....they have to push up the share price above 30c to make the PP looks more attractive. 28/01/2021 9:27 PM
@Bemillion.....If the PP is 20c....they will only get RM14.2mil from the exercise.....They intend to pay RM10.8mil debts.....so the remainder definitely won't be adequate to finance their planned expansion. So....I don't think it will be 20c. The initial 29.7c announced seems more appropriate.
.Pushs up like gamestop...kill the IDSS player by hedge fund lol......... Cos they selling nothing..expecting to buy back low..and must be done before day trading end.... Hahaha push high end day....they dieeee
seems no hope to this counter anymore. lost interest. Dnt bother if they are entering glove production as long as long this is mostly confirm a big scammer controlling the shares.
DY419131, you should have a plan. Maybe you can set your cut loss price at 10%. Do not let a small loss become bigger one. Cutting your losses when you're wrong is important.
"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." — George Soros
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....
Bemillion
1,968 posts
Posted by Bemillion > 2021-01-29 22:13 | Report Abuse
Quiet a bit..jittery lol... Sweating die standing lol with this kind of game.....feel like shit...lol