I hope nobody will trade this counter any longer. those holding please cut loss and reset up your portfolio. let CREDIT SUISSE alone trade her counter. Im pretty sure this company substantial holders are the most evil invester , playing so dirty.
lets say bought in 200,000 shares, entitle 1,000,0000x0.05 = RM50k (pay rm50k to buy the ICPS?) so total you got how many shares on hand? 1,200,000 ? 1 free warrant for every 2 existing ordinary shares means get Extra Free 100,000 warrant?
Permaju is not the only counters on BURSA. There are 52 cards,You have No.2 in hand,to get another three 2's ,the probability is very very slim if there are more playere.
yeochingu If you have 200 lots you are entitled to purchase 1,000 lots of ICPS at 0.05 each. Say you pay 50k to take up all the 1,000 lots ICPS, then you get 100 lots free warrant. Now you have: 1. 200 lots of mother share 2. 1,000 lots of ICPS 3. 100 lots of warrant
This stock will bring you to Holland. Only, half retarded person will buy Permaju. P/s : if Cindycat read this, I believe next week they will push bck above 30sen at least. Lol
The Ratio 10:2 is for the right issue. You hold existing 2 mother share , you can get 10 right + 1 warrant. The trading on Right will be start on 15/7 ( normally trade for 5 days) , if you dont want subscribe the mother share u can dispose the right in trading day . The subscribe price of mother share i think will be announce later before the trading day of the Right.
Say mother share price=0.25,12y=2x0.25+10x0.05=1.00,ex price y=0.085.If mother price drop to 0.20,y=0.075,both not far from 0.05,so not attractive to subscribe, worst if it drops futher.If mother price=0.35,then ex price y=0.10,2 times the Right price 0.05,then the offer is ok.So,to make the exercise attractive,the mother price should be around o.35 n of course,the higher the better.The co. needs to jaga the share price n not let it be monkey around.
I doubt it will go down much further,because at last Friday closing 0.255,it was new low vs last previous lowest at 0.265.It simply means these people are already selling at a loss.The parties with cost lower than 0.255 are the major shareholders n not likely They now sell to disturb the corporate excercise.Last FRIDAY sell down was because it was T1/T2 on previous 1/2 day tradings that many bought at 0.265,0.270,0.275,0.280 vs day high 0.315, huge 5 sen gain for contra kaki.
My fear is it was bank margin call forced selling.If really, price can go to 0.20 or lower.I guess,when completed,just as soon,the price should come back to around 0.30, before 15/7 for the RI.Last Friday,I saw strong buying efforts to stop the slide.Just my 2s opinion to share n good luck.
evil nanny suisse has not woken up yet. wait 1030 she will shoot up the price to the max and throw bomb to bilis. bomb! haha. please avoid this rubbish counter guys
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....
JediMaster
380 posts
Posted by JediMaster > 2020-06-27 09:22 | Report Abuse
Monday rebound...cannot be going down