BLee: Hi bro @Citadel12, 'sinkalan' better than blindly commenting without facts and NOT reading circular at all. All 'sinkalan' BLee sharing details from announcements and circular to balance out 'negative' comments. 'Sinkalan' BLee is just defending investment in AGES-PA, NO intent to offend anyone; but can also be nasty if needed. TQ Happy Trading and TradeAtYourOwnRisk
Aside from that, he said the company will also partner with Shuangling Holdings Ltd, an established property developer in China, to undertake a proposed mixed property development project in Selangor.
The project has a gross development value (GDV) of RM95.2 million, and the development tenure will take around two years from the expected commencement date of the said development.
RIP to those who bought Liew's counters, arbb, annum, ages. This is the most vicious shark, cheating investors by casting "good result"and business prospects, then easily make hundreds of millions then a bank robber, issuing PP, conso and RI. Ironically, no crime because he shrewd in market and accounting rules. I lost more than half of my hard earn saving in arb, because of the good quarter results.
I believe ages investors are more suffer than arb investors. Karma will get you soon, Liew.
@unline: blee, ignore this guy, think he have some problems
your thesis in PA makes a lot of sense and I learnt a lot from you
BLee: Hi bro @unline, PA (Preference Share) is still not popular, I am still learning. So we shall learn together. Let see how AGES-PA performs post RI and what will be the adjusted price. Some facts: 1. PreConso conversion value: 1sen, PostConso 15sen
2. PreConso subscription price: 13sen, PostConso 1.95, i.e. 15x0.13, Conso will not devalue AGES-PA.
3. PreRI conversion stays at 15sen and subscription stays at 1.95.
4.PostRI conversion stays as 15sen, subscription will be adjusted based on exRI market price (A) and RI subscription price (B) by formula (( A - B)/A)x1.95
5. Subscription adjustment will be finalised by 6 May, 2022 based on exRI market price (A). As seen by the formula, if A - B is closer, the new adjustment is beneficial to AGES-PA. No problem with Conso and RI.
6. Minimum subscription of at least 1 AGES-PA of value 15sen shall support AGES-PA price. This statement agrees with ’sinkalan' (blow water) as it depends on supply and demand.. Happy Trading and TradeAtYourOwnRisk
We are starting to see the resumption of construction works, infrastructure projects and property development. This recovery momentum bodes well with Ageson's business strategy and put us in a good position to tap on the rising construction activities in Malaysia
Ageson plans to strengthen its balance sheet by improving its gearing level to zero via fundraising exercise.
"This will improve the coompany's cash flow position and put Ageson in a strong position to take on upcoming large-scale public-private partnership projects
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....
Target1
139 posts
Posted by Target1 > 2022-04-21 14:41 | Report Abuse
i no talk to u, u anjing betina, kangedd