Gtronic 54.5 cents If 3-5 trading days drop below 55 cents and up back to 55 cents above.consider a buy.but if drop below 48 cents,please dun consider. 11/11/24 12.05am
The employees have been given free shares without paying . so why is there a need to push up the share price ? The employees are at liberty to sell at any price if they wish to realise any time . Of course, some employees can continue to hold and realise later if they still have faith in the management .
Prospects for semi conductors biz are good. It is just that the current management behind this counter is bad and incompetent. The share price is unstainable and is expected to go down under ...
As professional external auditors,they will carry out their engagement from one AGM to the next AGM where their re-appointment for another term is subject to be approved by the shareholders then. The audit fee is agreed and fixed then. If the external auditors don't agree to the audit fee,they will not seek re-appointment in the AGM .There is no such thing the external audirors will resign in the middle of their term after re-appointment due to dispute in the audit fees .
It is believed that the incumbent auditors,KPMG resigned in the middle of their term was due to the uncooperative manner of the current mgt to prevent them from carrying out their duties of conduct of audit
These ESOS don’t have to be exercise immediately but it would be a hidden time bomb when the price starts going up. If these ESOS are approved and Employees start exercise it then we will know how bad is the situation
ESOS is not free, exercise price is RM0.48. They are not expected to exercise but let it lapse after the timeframe as the co's share price is expected to be below 0.48......
Gtronics are offering the options as a sweetener and to stay at gtronics under ESOS
read = "GRANT OF OPTIONS UNDER THE EMPLOYEES' SHARE OPTION SCHEME ("ESOS")" So i am guessing the options are given free to the employees to entice them to stay on and reward them i guess.
the exercise price is 0.48. hence the employees will make money if the stock price is above 48cents
it will be in the employees interest to wait for the share price to rise higher to make more profit. really depends.
if the share price goes below 48c, employees wont exercise the options. above 48c maybe will
even if those options are not free, the employees dont have to pay 48c for each option. maybe a few cents or not. options are not shares, just another thing to trade like warrants
coolinvestor... do you understands options of shares and exercise price and what do you mean few cents to pay ???? It clearly stated 48 cents to exercise the options before the shares can be listed in Bursa. There is a excercise period and the entitled employees has the right at any time during option period to exercise the options whereever the market price is good to them .
From the chart of GT going sideway, a junction depictings trending of the share price, ie. whether consolidate and breaking upward or going futher down, i opine the share price more likely would trending north in view of 'nett cash and zero debt' as mentioned by our friend of i3 unless the world market is not in favour of GT.
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....
fortunefire
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Posted by fortunefire > 1 week ago | Report Abuse
likely drop further after announcing the QR