It seems big sell offer at 3 sen eaten up in 15 mins or so. The game has started again........I joined in the fun and bought a bit at 3 sen. Hope for the best to come.
Yup no point talking. Everybody has their own valuation. I personally reckon its price is about 2.3 sen taking into account all the dilution. So I'll just wait at the side till this circus grinds to a halt.
I also cannot understand the argument on the above dilution to below 2.5 sen. However i would like to look at it from a different angle. In the last PP of 50mil, the company received RM1.25m and further strengthened its net cash position. I believe when the price starts to move upward later on (maybe after the completion of the PP), people may start looking at the NTA of the company which is 11 sen.
@suprnoob. Please study the balance sheet in the last QR report. NTA at 11 sen. Please use some basic accounting before making such nonsense speculation. Let us consider, there are another 30% of PP by McQuire to be completed. I think it only will dilute the NTA, maximum to 10 sen, not 0.1 sen as you said.
I noted, before the McQuire PP subscription, the NTA around 12 sen. After 70 % of the PP subscription by McQuire, the NTA just reduced from 12 sen to 11 sen only. There is an effect from the dilution of shares from the increasing of the company share from the 70% subscription of PP by McQuire.
Subscription of Bornoil PP shares by McQuire Bank up to 01 September 2021 --------------------------------------------------------- 02-Feb-2021 1,500,000 units @RM0.034 03-Feb-2021 1,500,000 units @RM0.034 09-Feb-2021 1,500,000 units @RM0.034 11-Feb-2021 2,000,000 units @RM0.033 16-Feb-2021 3,500,000 units @RM0.033 19-Feb-2021 3,500,000 units @RM0.033 22-Feb-2021 50,000,000 units @RM0.034 24-Feb-2021 4,000,000 units @RM0.034 01-Mar-2021 2,000,000 units @RM0.035 03-Mar-2021 2,500,000 units @RM0.035 04-Mar-2021 3,000,000 units @RM0.034 05-Mar-2021 4,000,000 units @RM0.032 08-Mar-2021 8,000,000 units @RM0.032 10-Mar-2021 7,000,000 units @RM0.033 12-Mar-2021 18,000,000 units @RM0.033 16-Mar-2021 6,000,000 units @RM0.033 18-Mar-2021 90,000,000 units @RM0.033 19-Mar-2021 20,000,000 units @RM0.037 29-Mar-2021 2,000,000 units @RM0.036 30-Mar-2021 7,000,000 units @RM0.036 31-Mar-2021 4,000,000 units @RM0.036 05-Apr-2021 8,000,000 units @RM0.037 07-Apr-2021 8,000,000 units @RM0.037 08-Apr-2021 10,000,000 units @RM0.037 13-Apr-2021 30,000,000 units @RM0.040 20-Apr-2021 5,000,000 units @RM0.040 26-Apr-2021 5,000,000 units @RM0.038 27-Apr-2021 5,000,000 units @RM0.037 30-Apr-2021 5,000,000 units @RM0.037 04-May-2021 12,500,000 units @RM0.037 12-May-2021 4,000,000 units @RM0.035 17-May-2021 5,000,000 units @RM0.034 18-May-2021 5,000,000 units @RM0.035 21-May-2021 5,000,000 units @RM0.035 27-May-2021 6,000,000 units @RM0.033 02-June-2021 4,000,000 units @RM0.034 03-June-2021 67,000,000 units @RM0.034 08-June-2021 5,000,000 units @RM0.034 10-June-2021 5,000,000 units @RM0.034 14-June-2021 7,500,000 units @RM0.033 16-June-2021 10,000,000 units @RM0.032 22-June-2021 7,000,000 units @RM0.032 05-July-2021 7,000,000 units @RM0.030 06-July-2021 7,000,000 units @RM0.030 09-July-2021 270,000,000 units @RM0.029 12-July-2021 115,000,000 units @RM0.029 14-July-2021 5,000,000 units @RM0.029 15-July-2021 8,000,000 units @RM0.030 16-July-2021 10,000,000 units @RM0.030 22-July-2021 5,000,000 unit @RM0.029 02-August-2021 5,000,000 unit @RM0.025 11-August-2021 6,000,000 unit @RM0.025 13-August-2021 7,000,000 unit @RM0.025 17-August-2021 10,000,000 unit @RM0.025 01-Sept-2021 50,000,000 unit @RM0.025
Maximum units can be subscribed by Mcquarie Bank = 1,205,827,550 units
Total units subscribed (up to 01 September 2021) = 965,000,000 units
Percentage of shares subscribed: 80.03 %
Outstanding balance shares unsubscribed = 240,827,550 units
Percentage of shares unsubscribed: 19.97 %
Total NOSH after the last subscription 7,955,289,529 unit of shares
@SincereStock Thanks, I am 'sure' they're. Not that I have any holding but this intrigued me by briefly glancing at the current nosh, current price and further new share issuance.
Saya bukan nak defend credibiliti zamsaham dari segi pelaburannya dalam saham.
Tetapi saya ada dengar cerita, sebenarnya EKA Noodle diambilalih oleh zamsaham dalam usaha untuk turn around company tersebut dan jadikan syarikat itu untuk support perniagaan beliau yang sedia ada berdasarkan perniagaan berasaskan makanan terutamanya melibatkan BERAS (RICE).
KITA BOLEH CUBA LIHAT PERKEMBANGAN NORIZAM BIN TUKIMAN @ zamsaham SEBAGAI PELABUR DAN USAHAWAN YANG BIJAK DALAM PERNIAGAAN.
Bermula sebagai peniaga burger, kini miliki 70 rangkaian hotel
...... Namun, berbeza keadaannya bagi pengasas Hotel Zamburger, Norizam Tukiman, 40, apabila tempoh pandemik ini membuka ruang kepadanya untuk mengembangkan rangkaian hotel itu dengan berjaya mengambil alih 67 hotel butik termasuk tiga hotel di Indonesia dalam masa 15 bulan.
Sincerestock, u too sincere innocent. History tell all. That why ppl need study history and technical analysis. Fundamental tell all. Don't know go study. 2 years ago I also like u.. Don't give up. Pay attention to supply/demand. So many case company use retailer to finance expansion... At the end delisted/private. How low.. U really a fool. Do you know they can they can apply 10 shares to 1 once outstanding shares too high?
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....
whistlebower99
5,255 posts
Posted by whistlebower99 > 2021-09-03 12:03 |
Post removed.Why?