super under valued stock.. buy n collect more.. imagine foreign fund see this report -this should shot up...fair valued RM14.60!!! check simply wallstreet website
7115 SKBSHUT, SKB SHUTTERS CORPORATION BHD - + Additional Listing Announcement /Subdivision of Shares 12 Jul 2024, 09:50 Additional Listing Announcement /Subdivision of Shares 1. Details of corporate proposal Whether the corporate proposal involves the issuance of new type and new class of securities? N Types of corporate proposal : Exercise of Warrants Details of corporate proposal : Exercise of Warrants No. of shares issued under this corporate proposal : 244,000 Issue price per share ($$) : 0.4500 Par Value ($$) (if applicable) : 0.000 Latest issued share capital after the above corporate proposal In the following Units : 133,466,400 Issued Share Capital ($$) : Malaysian Ringgit (MYR) 46,478,204.000 Listing Date : 15/07/2024 Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com N202407123000032EN
As posted a few days ago, I sold off all when it was above 1.00. This is a good counter and will wait for opportunity to collect back. At the moment, no plan to collect any yet. Let them play out their part of distributing their warrant first. ✌️
Hi again @Stingray, I did study SKBHUT and find that this is a hidden gem. Valuation is undemanding although can be a little lower to compensate the risk for a very small cap counter. What are your thoughts on the of warrants rights in Feb 2025. It will dilute EPS.
For their warrant, those that need to be converted, is already in progress. From their movement lately, I believe some party are playing it up so they could distribute the warrant held in their hands. As for the dilution of their EPS, may happen or may not happen as they are currently expending their operation with their new factory. If they could which I believed they will... Expand with robust development in properties, even with the additional converted warrant to mother shares, their EPS will look even better. However, one point that needed to take note, the leadership of the company has been handed over to one pretty lady and how would she guide the company only time will tell. Another plus point is their operation is not only in Malaysia and with RM being weak, they should gain from that as well. There are a few more points but let's leave that for now. Hope that answered your question. ✌️
7115 SKBSHUT, SKB SHUTTERS CORPORATION BHD - + Additional Listing Announcement /Subdivision of Shares 19 Aug 2024, 12:11 Additional Listing Announcement /Subdivision of Shares 1. Details of corporate proposal Whether the corporate proposal involves the issuance of new type and new class of securities? N Types of corporate proposal : Exercise of Warrants Details of corporate proposal : Exercise of Warrants No. of shares issued under this corporate proposal : 755,000 Issue price per share ($$) : 0.4500 Par Value ($$) (if applicable) : 0.000 Latest issued share capital after the above corporate proposal In the following Units : 136,696,400 Issued Share Capital ($$) : Malaysian Ringgit (MYR) 47,931,704.000 Listing Date : 20/08/2024 Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
7115 SKBSHUT, SKB SHUTTERS CORPORATION BHD - + Additional Listing Announcement /Subdivision of Shares 20 Sep 2024, 07:00 Additional Listing Announcement /Subdivision of Shares 1. Details of corporate proposal Whether the corporate proposal involves the issuance of new type and new class of securities? N Types of corporate proposal : Exercise of Warrants Details of corporate proposal : Exercise of Warrants No. of shares issued under this corporate proposal : 219,600 Issue price per share ($$) : 0.4500 Par Value ($$) (if applicable) : 0.000 Latest issued share capital after the above corporate proposal In the following Units : 137,567,000 Issued Share Capital ($$) : Malaysian Ringgit (MYR) 48,323,474.000 Listing Date : 23/09/2024 Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com N202409203000069EN
7115 SKBSHUT, SKB SHUTTERS CORPORATION BHD - + Additional Listing Announcement /Subdivision of Shares 7 Oct 2024, 07:00 Additional Listing Announcement /Subdivision of Shares 1. Details of corporate proposal Whether the corporate proposal involves the issuance of new type and new class of securities? N Types of corporate proposal : Exercise of Warrants Details of corporate proposal : Exercise of Warrants No. of shares issued under this corporate proposal : 354,600 Issue price per share ($$) : 0.4500 Par Value ($$) (if applicable) : 0.000 Latest issued share capital after the above corporate proposal In the following Units : 138,215,500 Issued Share Capital ($$) : Malaysian Ringgit (MYR) 48,615,299.000 Listing Date : 08/10/2024 Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com N202410073000045EN
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....
StingRay
6,871 posts
Posted by StingRay > 2024-07-04 15:01 | Report Abuse
Reached the price I am happy with. Slowly letting go and taking profit. Can it go higher? I hope so and wish everyone the best. ✌️