The maximum number of 2,515,037,240 new ICPS was arrived after taking into account all the treasury share were resold, full conversion of all ICULS, full exercise of all WB, WC and ESOS. If not only 104,273,614 (existing mother shares) X 8 = 834,188,912 new ICPS are issued. Wait till end of September 2017 and see how.
Dear ilovehits, I am not depending on my ATTA mother shares. I am depending on the ATTA-PA which I will subscribe. I am confident that the gain which I will gain from the listing of ATTA-PA will at least cover my lost in ATTA mother shares. If fortunate can even earn a bit. Its listing is after the 10 sen dividend is given (as mentioned in the circular).
Personally, buying LA at rm0.31 n convert into mother share at rm0.90 n go thru the rights issues seems workable to me..after div of rm0.10 in sep yr cost is only rm1.10
Anyway u hv to prepare a lot bullets to convert into mother (rm0.90) n then the rights issues (rm0.64) for every one LA held...for those having leverage play on LA better check yr wallet
Target price is no longer important or achievable after a massive issuance of 2.5 billion of ATTA-PA which will dilute future earning. When I recommended ATTA-LA at 0.31 on 2/6/2017, there was no such news.
After this news is out, I still whatsapp all my subscribers to cut loss if the price drops below 0.38. Selling at 0.38 is still making a good profit.
Approval normally no issues one as its a rather simple rights issue...meaning to say when u gave yr buy call on 02 june u were not aware of this exercise???
LA is a speculative play... For those hentam kuat kuat due to high tp given may find themselves stuck in tough position now if they dont hv bullets to convert
kwang2209: It doesn't matter what anyone says or commented in the forum. They may b calling for us to buy. They may have good or bad intentions we do not know BUT we have to do OUR OWN HOMEWORK n compare with their comments. Nobody is pointing a gun at our head n force us to buy. When we do stick out head into the ring we do so WILLINGLY AFTER DUE DILIGENCE on that particular stock. That doesn't mean we would b correct in our analysis but THEN AGAIN it's our OWN DECISION so we cannot blame anyone. If we make a profit neither do we have to thank him. It's just a forum for discourse to gather more infos. That's all.
OTB did not check regarding PA before recommending to paying subscribers? That's really too bad for paying subscribers. Any action offered to prevent such overlook in future?
if you make a subscription and you are not happy with the service, you should first complain with the service provider directly...
only if the service provider did not entertain you or failed to provide a satisfactory explanation you may then pursue with an indirect/alternative approach..
if its not conducted in the above manner then you are not being fair to the service provider as you may be giving misleading biased statements (just like you claim the service provider did) while not bearing any responsibility to your statements by not disclosing your identity unlike the service provider..
you are then not being fair - not being in the same level field
just wait please...don't go in too fast. don't be a hero.... wait indicator to turn positive. (rsi mfi obv semua jatuh kau kau), no sign of rebounding yet
Perhaps OTB do not have atta ...he not buying everything that he recommended to his member. .. a source from one of his member, bleeding like hell now..
thinking if u wan get the preference share of ATTA, can buy atta-la then convert to mother share then get the preference share, wouldnt it more cheaper compared buy mother share to get the preference share?
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....
myportfolio
165 posts
Posted by myportfolio > 2017-07-06 18:25 | Report Abuse
all these big dramas.. thanks to mr otb again! He issued buys and then sell... i wonder who makes the biggest profit outta this?