Is ok to be offensive, I don't mind. Don't feel offended also, As an investor, everyone have their concern and doubt Is good to verify the details to but better than just random pointing out the point that thinking out on personal opinion. Misleading might triggered wrong selling signal or buy signal therefore monitor and see the real outcome behind. Is not wrong to verify, just make sure the info is correct. Forum is blow water place, some people not buying the stock , or they just hate it and pointing wrong info to make investor panic. End up, who win the game ? Clear vision and clear mind is on the key to win the game, Wrong cut, Worth your time, Hold, Confident, buy in. Case study, yes, Please.
sting79 sifu, i like you. at least you care not only for yourself, also include other shareholders. taking your own times to do research for all of us, hopefully you got the news that the sand deals are true. Partnership with Kedah investment arm are true too.
We dont mind to wait for another while to see it to be 0.50.
sting79 sifu, please buy more and more and adequate then only spread this news in this forum, otherwise including me will jump in to buy another 2 millions shares.
@goodiewilly, please refrain from calling me sifu la, I am just another retailer like you and others.
Anyway, don't get your hope up as this kind of information would likely need to go through official channel ie. news reporter/official investor forum etc. And the phone number looks like a general line, hence a simple call to ask such detail may not even be entertained. Nevertheless, if phone call does not work, no hurt to write an email too..
MINISTRY OF ENERGY AND NATURAL RESOURCES Wisma Sumber Asli, No.25 Persiaran Perdana, Presint 4, 62574 Putrajaya, Malaysia Phone : +603 8000 8000
I hope this would spur other genuine investors to start being inquisitive and take action as well ie. find and share more information, dig more into PRINSIPTEK background etc etc. Good luck all
No reply today.. anyway came across AT forum where someone shared a story of another shareholder who lost big believing in its glove factory story. Also mentioned that AT is one of the counter in a list being manipulated by a group of syndicates.
The shocking thing is that AGES is also in this list! Not sure why AGES comes up in all this, probably something to do with relationships between the directors? There was an article last year about penny stock manipulation and the hidden hands behind it and how they link all the counters via the directors etc. Will check if got time later...
I think the share price won’t shoot up in anytime soon otherwise the ICULS will be expensive. It seems like gonna stay stagnant for a while . I hope I’m wrong though
@burkon87 right issues possibility is low, common, Try look at Ages performance. If you were write right issues, you should go to airasia man. lol ....
Ageson Berhad ("Ageson" or "Company") and its subsidiary companies ("Ageson Group" or "Group") (I) Proposed Rights Issue of ICULS; and (II) Proposed Amendments to the Constitution. (the Proposed Rights Issue of ICULS and the Proposed Amendments to the Constitution are to be collectively referred to as "Proposals")
On behalf of the Board, KAF IB wishes to announce that the Company is proposing to undertake the Proposals. Kindly refer to the attached document for the details of the Proposals. This announcement is dated 26 February 2021.
If (I) above is not Right Issue (just a different type) then don't know what else it is...
I think with so many Rights Issue, I volunteered to decode some of this jargon.
Proposed Rights Issue of ICULS : Proposed renounceable rights issue of up to 30,677,176,092 10-year zero coupon ICULS to raise the Maximum Gross Proceed.
Renounceable: Renounceable right offering rewards shareholders, compensating them for the share dilution that's associated with a new issuance. A renounceable right allows each share to maintain a proportional ownership stake in the business but also allows shareholders to receive cash from the sale of the right if so preferred.
Rights Issue: An issue of shares offered at a special price by a company to its existing shareholders in proportion to their holding of old shares.
ICULS: Up to 30,677,176,092 10-year zero coupon Irredeemable Convertible Unsecured Loan Stocks of Ageson to be issued pursuant to the Proposed Rights Issue of ICULS.
Irredeemable: These Convertible Unsecured Loan Stock do not have any incorporated clause with respect to their redemption and thus cannot be bought back at the choice of the issuing company.
I am not so sure on the adjustment of ICPS AGES-PA exercise price; please advise.
Please correct me if I have made some wrong interpretation.
Well, I smell technical is going to start engine. My last two prediction is lari, Hopefully this wave going to work. I think is almost the right time to spike.
no problem with sharing knowledge and make money, but the problem with u guys is that u are sharing the wrong concept of investing and probably have caused some people lost their money.
Do your own research bro... those that looking for financial advise at the comment section really need some help... Don't take the forum post/comments seriously...
ala rileks lah... sama² mau cari wang ma... sama² cari makan... tunggu saje sikit hari lagi mesti naik punya... but this counter fundamental ok jugak...
Those who look for short term should just go to other counters. This counter should be a counter for longterm. New management take over, they need some time to rebuild their basis and internal controls.
good profit for the last 7 qtrs consider very good but share price is rather low... may be you all are right waiting for the big bull run to come anytime soon ...
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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....
aarowsiewkh
99 posts
Posted by aarowsiewkh > 2021-03-01 17:40 | Report Abuse
Is ok to be offensive, I don't mind. Don't feel offended also, As an investor, everyone have their concern and doubt Is good to verify the details to but better than just random pointing out the point that thinking out on personal opinion. Misleading might triggered wrong selling signal or buy signal therefore monitor and see the real outcome behind. Is not wrong to verify, just make sure the info is correct. Forum is blow water place, some people not buying the stock , or they just hate it and pointing wrong info to make investor panic. End up, who win the game ? Clear vision and clear mind is on the key to win the game, Wrong cut, Worth your time, Hold, Confident, buy in. Case study, yes, Please.