Directors of AGES are good in fund raising via issuance & conversion of AGES-PA and issuance of new shares to PP and ESOS. Directors of AGES are good in squeezing more money from shareholders via shares consolidation and rights issue.
Read up comment above, raising fund is never the issue, plus company already make announcement how and where they will use and spend the fund , scroll and read up
100 NOSH.. anytime can go RM1.. but the real killer if they start doing RI and PP which eventually will be back to 3-5bilNOSH
Probably their game is that they CL fast.. even though in losses because eventually the price will collapse to even 0.040.. and they collect at lowest point.. Is it possible? If u dont believe just check BCMALL QR.. almost as excellence as AGESON but now at 0.040..
Anyway... what ever it is.. AGESON QR is remarkably excellent with 24 consecutive nett-profit QR ...
@Michael R: Probably their game is that they CL fast.. even though in losses because eventually the price will collapse to even 0.040.. and they collect at lowest point.. Is it possible?
BLee: Hi bro @Michael R., won't be 0.040 as RI already confirmed at 0.20. The problem is can apply RI with access shares at 0.20, why pay 0.29?? The new support is most likely at RI price. The calculation for averaging after RI with respect to 0.29 will be ((0.2x2) + 0.29)/3 roughly equal 0.23...so who will buy at present price?? Happy Trading and TradeAtYourOwnRisk
Cruel directors want to collect shared at cheap cheap price, probably through rights issue, as expected. Hopefully price will drop to 0.20 soon so nobody will subscribe to the rights issue.
to be honest, price didnt move much throughout entire covid-19, it maintains
so i suppose its floor value is shud be stable, which means there are more room in growing, once political stable, it sure will be a good news for the whole property and construction sector
@citadel666 hi pussehh boy after so long , finally you are here :) im here everyday ya , i broke af so i stay in longkang, so how's your high floor penhouse ?
Transportation and logistics costs are also important factors.
RHB Investment Bank said that developers have generally set a reduced sales objective this year (about -10 per cent year-on-year) after robust property sales in 2021.
Despite the rolling lockdowns from June to August, total property sales in 2021 increased by about 40 per cent yearly, partially boosted by the Home Ownership Campaign (HOC).
A few developers outperformed their sales projections. S P Setia, Sime Darby Property, Sunway, and Tambun Indah were among them.
"In our view, 2022's more conservative sales targets are probably due to the absence of the Home Ownership Campaign, expectations for an interest rate hike in the second half of 2022, and rising inflationary pressure," it said.
The investment bank said that rising inflationary pressure might potentially dampen household disposable income on the macroeconomic front.
RHB Investment Bank opined that property stocks might offer short-term trading possibilities, given the sector is currently selling at a 64 per cent discount to RNAV, which has remained essentially stable since the end of 2021.
It said that recent news flow on the construction sector such as the takeover of highways in Klang Valley and the green light for the Mass Rapid Transit 3 (MRT3) may potentially have a positive spillover on the sector.
"Although the property sector is not a direct beneficiary, and MRT 3 is not a new project (the three lines were first announced in 2010/2011), we think sentiment on the property sector may improve over the near term, while the sector's cheap valuation is a good reason for investors to enter, especially those with a shorter investment horizon
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....
unclekyyisbest
401 posts
Posted by unclekyyisbest > 2022-04-18 20:27 | Report Abuse
Hahaha… drop no good, keep collect while cheap