SEACERA GROUP BERHAD

KLSE (MYR): SEACERA (7073)

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Last Price

0.185

Today's Change

0.00 (0.00%)

Day's Change

0.185 - 0.19

Trading Volume

56,100


12 people like this.

8,748 comment(s). Last comment by Markv572421 2024-05-07 16:11

Wondering

159 posts

Posted by Wondering > 2018-11-02 18:32 | Report Abuse

Who said privatise?

upshare

3,239 posts

Posted by upshare > 2018-11-02 18:37 | Report Abuse

Kantoi...

spider68

460 posts

Posted by spider68 > 2018-11-02 19:09 | Report Abuse

Who's interest are the board protecting?

John_Lee

468 posts

Posted by John_Lee > 2018-11-02 19:16 | Report Abuse

Private placement is normal lah. Approval already given by shareholders during EGM. Up to 10%

John_Lee

468 posts

Posted by John_Lee > 2018-11-02 19:17 | Report Abuse

If privatise good. They can come make offer to me. I not greedy, sell at NTA value only

Wondering

159 posts

Posted by Wondering > 2018-11-02 19:21 | Report Abuse

Some people thought private placement is privatisation?

ColaBear

218 posts

Posted by ColaBear > 2018-11-02 19:21 | Report Abuse

唯恐天下不乱

kwc8881

4 posts

Posted by kwc8881 > 2018-11-02 19:25 | Report Abuse

东南亚瓷砖私配冀筹2543万 - http://www.enanyang.my/news/20180719/东南亚瓷砖私配冀筹2543万/ (Share from StockHunter)

John_Lee

468 posts

Posted by John_Lee > 2018-11-02 19:26 | Report Abuse

Imagine if the private placement shares are taken up by a prominent name who then become a new substantial shareholder. Fuyoh!

kwc8881

4 posts

Posted by kwc8881 > 2018-11-02 19:27 | Report Abuse

Seacera to raise up to RM25.4m via private placement - http://www.theedgemarkets.com/article/seacera-raise-rm254m-private-placement (Share from StockHunter)

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2018-11-02 19:34 | Report Abuse

So today drop is private placement

freddiehero

16,721 posts

Posted by freddiehero > 2018-11-02 19:46 | Report Abuse

wah can stand up 0.30

freddiehero

16,721 posts

Posted by freddiehero > 2018-11-02 19:46 | Report Abuse

weldone

pang72

50,980 posts

Posted by pang72 > 2018-11-02 20:12 | Report Abuse

Wait for new shareholder to turn 800mils land .Or rm1.8
To shareholder......

pang72

50,980 posts

Posted by pang72 > 2018-11-02 20:13 | Report Abuse

Buying at 30cents , no worry at all

John_Lee

468 posts

Posted by John_Lee > 2018-11-02 20:23 | Report Abuse

https://klse.i3investor.com/insider/substantialShareholder/7073/02-Nov-2018/442714_417511532.jsp

The person who exercised ESOS at 30.5 sen was the big boss himself, Datuk Hj Ismail Othman

You think he wants to lose money?

spider68

460 posts

Posted by spider68 > 2018-11-02 20:37 | Report Abuse

It seems that the fixing of the 10% share private placement issue price @ RM0.192 .... decided by the board today is not done in the shareholders' best interest .........
1) The board chose the lowest possible price, the company gets less money (+/- RM 8 million) thus defeating purpose of maximising working capital funding exercise. Why not do it earlier @ RM0.47 or do it later in the future when the share price stabilises.
2) Value of shareholders shares gets diluted, NTA becomes lower and there will be 10% extra shares in circulation once completed.
3) "Somebody" don't know who gets to own 10% of the shares cheaply & can immediately make fast profits by selling the same based on today closing prices @ RM0.305.
The board's decision today smells a conspiracy.

Bullish

890 posts

Posted by Bullish > 2018-11-02 20:43 | Report Abuse

The directors are useless. Slow and bad management. Better replace with new directors. Next week uptrend remains intact.

upshare

3,239 posts

Posted by upshare > 2018-11-02 20:57 | Report Abuse

More share in market... less NTA and hard to push up..

Posted by trader1888 > 2018-11-02 21:16 | Report Abuse

after they got cash they will pump again....

John_Lee

468 posts

Posted by John_Lee > 2018-11-02 21:19 | Report Abuse

Lets see it another way.

The company now has NTA of RM1.87. The share price is trading at a small fraction of that value. A really small fraction. If the new shareholder can bring some fresh money and with what else that he can put on the table, and the share price of Seacera gets closer to its NTA (even if it is a diluted NTA of RM1.69), then why not?

The other option is to do nothing and sit on a piece of land which has tremendous value but is not reflected on the share price of the company.

I choose to share the pie and benefit together.

Posted by trader1888 > 2018-11-02 21:23 | Report Abuse

this stock at bottom already when it reversed. Immediate resistance at +/- 0.35-0.36.. the director also need to recover their losses due to previous force selling..

upshare

3,239 posts

Posted by upshare > 2018-11-02 21:23 | Report Abuse

If they really want to development the land
They need a lot of money.. and need to wait for few year to get back the profit..
So.. the price not go up so fast..

oranje

1,003 posts

Posted by oranje > 2018-11-02 22:13 | Report Abuse

ATTN PAUL SOTONG
AND THE REST OF YOU NON SOUR SOUR ONES

INTOXICATED BY SEACERA
MORE TO COME
CHECK OUT MBSB, MRCB, INARI SITES

oranje All PNB and EPF stocks down 40-70% thanks to violent braking of all infra projects

At this rate, EPF and ASB dividend will be 6 er ZERO POINT SIX PERCENT

To give you all similar 16,17 dividend of 6%+....

They have to push

MRCB to RM 1.4, MBSB to RM 1.3....... THINK OF IT
02/11/2018 21:41

FROM MBSB SITE........

Nicholasming91 This will fly soon kikiki
02/11/2018 21:46
X
oranje DOUBLE YOUR MONEY
SIU JEI NO 17

YOU WONT GET AIDS
ONLY A WEALTHY ITCH.........
DOUBLE YOUR MONEY.............
02/11/2018 22:09

INARI C20, 23 TTTTOOOOOO CHEAP

sonata18

87 posts

Posted by sonata18 > 2018-11-02 23:36 | Report Abuse

I already knew the co. is going to develop the land. Looks like next Mon everyone will rush in to buy again. Price should be up next Mon.

upshare

3,239 posts

Posted by upshare > 2018-11-03 06:49 | Report Abuse

Director is keep selling.....

Palmgirl

87 posts

Posted by Palmgirl > 2018-11-03 10:00 | Report Abuse

Price is quite cheap. Will queue up to buy next Mon.

Luke91

520 posts

Posted by Luke91 > 2018-11-03 10:30 | Report Abuse

monday- market open right? continue top up, to 0.5

Luke91

520 posts

Posted by Luke91 > 2018-11-03 10:34 | Report Abuse

Luke91 pls help makan to 0.25
30/10/2018 16:35

now help pump 0.35 and 0.45,, jiayou buddies.. those havnt masuk, masuk 0.3 set
a cut lose 0.26
target 0.35
(my own oppinion ya^^) happy trading and investing

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-11-03 10:37 | Report Abuse

Seacera recently completed 10% private placement shares at 0.192 n allocated 1 million ESOS shares at 0.305 ... Price is attractive between 0.190 to 0.305 ... Value investors may wait for contra traders to clear their stocks in the next few days ... Cheers ...

problem

21 posts

Posted by problem > 2018-11-03 10:41 | Report Abuse

Buy more on monday..

CharlesT

14,888 posts

Posted by CharlesT > 2018-11-03 11:03 | Report Abuse

U buy more at current price on mon then later they issue more PP at 0.20 leh

upshare

3,239 posts

Posted by upshare > 2018-11-03 11:07 | Report Abuse

The main aset is the land at semenyih.. but no any news on how to develop the land

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-11-03 11:22 | Report Abuse

The price could go lower due to contra traders clearing stocks or force selling ... I could be wrong ... I hope it could hold at above 0.305 ...

qqq3

13,202 posts

Posted by qqq3 > 2018-11-03 11:24 | Report Abuse

The issue price of RM0.192 per Placement Share represents a discount of approximately 9.65% to the five (5)-day volume weighted average market price of Seacera Shares, up to and including 1 November 2018, being the last full trading day immediately prior to the Price Fixing Date, of RM0.2125 per Seacera Share.

This announcement is dated 2 November 2018.
============

u have to ask....what can the placement do for the company? 10% of 400 million at .2125 is only $ 8 .5 million.....did they help to press the shares down to get a lower placement price? why they insist to go ahead with private placement at such a low price?

its clear the main shareholders no money and margin call, so who are the placees? or they only pretend no money?

so....buy, sell, hold?

me? I got my shares cheap......I will sit on what I have and do nothing....

paulthesotong

2,774 posts

Posted by paulthesotong > 2018-11-03 12:09 | Report Abuse

Are these brokers doing margin selling....rhb kenanga amsec n midf??????

spider68

460 posts

Posted by spider68 > 2018-11-03 12:12 | Report Abuse

It is pretty obvious right? As always the board is taking "good" care of minority shareholders interest. The board fixed the price @ RM0.192, the 5 days average price during pricing crash (less 9.65% dirt cheap still give discount shake head), not earlier nor later when the price was/is higher. This way the "placee" pay less money & the company get less money (finger bend outwards not inwards). We must also commend the board for doing such a "good" job for using their shares as margin financing colleteral leading to last weeks debacle.

paulthesotong

2,774 posts

Posted by paulthesotong > 2018-11-03 12:18 | Report Abuse

Seem not right... down bottom of their hearts The BOD already knew the pp around .192 sen yet their sell short around at .37 to .20. Guess consider INTrad!!!!!!!!!

Posted by ahbeh313 > 2018-11-03 12:26 | Report Abuse

drop or raise?

qqq3

13,202 posts

Posted by qqq3 > 2018-11-03 12:31 | Report Abuse

spider68 > Nov 3, 2018 12:12 PM | Report Abuse

It is pretty obvious right? As always the board is taking "good" care of minority shareholders interest. The board fixed the price @ RM0.192, the 5 days average price during pricing crash (less 9.65% dirt cheap still give discount shake head), not earlier nor later when the price was/is higher. This way the "placee" pay less money & the company get less money (finger bend outwards not inwards). We must also commend the board for doing such a "good" job for using their shares as margin financing colleteral leading to last weeks debacle.
=============


pre meditated or unintended consequences ?

they issued the shares at 90 sen for the land......

qqq3

13,202 posts

Posted by qqq3 > 2018-11-03 12:34 | Report Abuse

Posted by ahbeh313 > Nov 3, 2018 12:26 PM | Report Abuse

drop or raise?
===========

that also depends on overall market.....with a beta 3X that of the market.....

paulthesotong

2,774 posts

Posted by paulthesotong > 2018-11-03 12:54 | Report Abuse

Why pay more?

paulthesotong

2,774 posts

Posted by paulthesotong > 2018-11-03 13:02 | Report Abuse

The vendor of the said land issued at 90m (2017) have been selling like hot potato to present 25m... likely to get rid alll soon.

Posted by dausishak110 > 2018-11-03 14:22 | Report Abuse

rm0.4 la seacera!!!

problem

21 posts

Posted by problem > 2018-11-03 14:24 | Report Abuse

Rm1 end of nov

Posted by dausishak110 > 2018-11-03 14:28 | Report Abuse

wallawei..
i thing Tan Boon Seng got somethinh in his head about the land.

Posted by dausishak110 > 2018-11-03 14:28 | Report Abuse

*think

mikeann

827 posts

Posted by mikeann > 2018-11-03 17:13 | Report Abuse

Share grossly overbought and Private placement price of around 0.19 will bring SELLING pressure on share price.

Posted by KLCI Going Heaven > 2018-11-03 20:49 | Report Abuse

https://invst.ly/92zxh Immediate resistance at 0.500, if Next week can close above 0.300 then strong confirmation on uptrend

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