Why dont take time to wait them grow... hubline have cut lost in container business lets turning profit in this quarter, recovery soon... but debt is the big problem
bought hubline 4-6 cts. lose 80% or more. Write off & forget about losses. Subscribed for 2 rights for 1 share & 4 free warrants for 1 share. Make abt=0.005+0.005+0.25*005=0.01125 i.e abt 112%. Hubline will not delist because rights issue just approved by SC.SC Need to answer to market . just after rights issue then delist, then why approve the rights issue in the first place. U can make that amt by just queueing for say 3 Yr. I am 100% sure u will get your target. How much do u make from KPSB to date 20-30% say. when u buy the hubline rights u don't pay for commssion. it is the lowest traded share,ever , in the market at 0.01. there wont't be any such share in the market in future if hubline moves a bit. Even u if want to leave the market, queue for a 50% difference ( 0.01 to 0.015)
HI hubline family , I just bought in Hubline last week at 0.015 . Can Now know what is the new right issue means :
HUBLINE - Renounceable rights issue of up to 6,482,268,188 new ordinary shares of RM0.01 each in Hubline ("Rights Shares") on the basis of 2 Rights Shares for every 1 ordinary share of RM0.01 each held in Hubline (Hubline Share") after the Par Value Reduction, together with up to 1,620,567,047 free detachable new warrants (Warrant(s) B), on the basis of 1 Warrant B for every 4 Rights Shares subscribed, at an issue price of RM0.01 per Rights Share ("Rights Issue with Warrants")
Is that mean every one hubline share can subscride 2 share @ 0.01 ? And Can I get the free warrent as well ?
Can someone teach me please . I really appreciate , Thanks alot for your kind
i) a) additional 6,482,268,188 new ordinary shares of RM0.01 each issued pursuant to the aforesaid Rights Issue with Warrants; and
b) additional 362,802,547 Warrants A arising from the adjustments pursuant to the aforesaid Rights Issue with Warrants
will be granted listing and quotation with effect from 9.00 a.m., Tuesday, 29 December 2015.
ii) 1,620,567,045 Warrants B issued pursuant to the aforesaid Rights Issue with Warrants will be admitted to the Official List of Bursa Securities and the listing and quotation of the Warrants B on the Main Market will be granted with effect from 9.00 a.m., Tuesday, 29 December 2015.
Hi friends can I ask one things because I abit confuse : my account nominee is under MaybankInvestment , Why got this type of right issue Maybank did not call me one.By right Maybank should call me for confirm right ? Is it this type of right issue not for normal ordinary share or is it diffierent from last time they issue right issue .
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....
khairua
253 posts
Posted by khairua > 2015-12-09 09:53 | Report Abuse
Decided not subscribe RI..let directors subscibe...