Posted by hassim85 > 2021-03-11 12:05 | Report Abuse

always someone keep price with the 90 lot hehe..

Posted by abcb > 2021-03-11 16:10 | Report Abuse

KTG has become cash cow company with RM91 million from the conversion of RCPS plus cash and bank balances RM21 million
Total RM112 million
Net cash/ share capital RM112,000,000/405,435,000=0.276 per share
NTA worth 0.466 without any borrowing

Posted by abcb > 2021-03-11 16:16 | Report Abuse

0.276 per share + NTA 0.466=0.742
Base on current price of 0.21,you buy at a huge discount of almost 70%

Posted by abcb > 2021-03-11 16:20 | Report Abuse

Price/Book Value
0.21/0.466=0.45 time
Superb undervalued!

Posted by abcb > 2021-03-11 16:24 | Report Abuse

Private placement price will be determined soon before end of the month

Posted by cg14134 > 2021-03-11 17:14 | Report Abuse

abcd, your statement re private placement price determination timing a guess or tip off from someone?

Posted by Besafe > 2021-03-11 18:02 | Report Abuse

On behalf of KTG, TA Securities wishes to announce that the Board has on 11 March 2021 (“Price-fixing Date”) fixed the issue price for 84,087,000 Placement Shares pursuant to the Private Placement at RM0.206 each (“Issue Price”).



The Issue Price of RM0.206 is at a discount of RM0.0226 or 9.89% to the 5-day volume weighted average market price of KTG Shares up to and including 10 March 2021, being the last market day immediately preceding the Price-fixing Date, of RM0.2286 per KTG Share.



This announcement is dated 11 March 2021.

Posted by BlackWhite > 2021-03-11 20:32 | Report Abuse

Well should be 20 below

Posted by cg14134 > 2021-03-11 20:42 | Report Abuse

Likely big reversal tomorrow.

Posted by John Ha Tung Soon > 2021-03-11 20:45 | Report Abuse

go up or go down.....

Posted by cg14134 > 2021-03-11 21:12 | Report Abuse

UP!

Posted by Hell No > 2021-03-12 14:49 | Report Abuse

up up up up up up up up up

Posted by cg14134 > 2021-03-12 21:18 | Report Abuse

Emergence of new controlling shareholder (???) likely. Complete disposal of shares by KTG Marketing Sdn. Bhd. (Vehicle of SIM CHIUN WEE, the director in charge of glove venture) via open market on 9 March. The glove venture may not go ahead after all, which is probably good news!

Posted by luiws123 > 2021-03-13 11:43 | Report Abuse

Why so far no announcement of new controlling shareholders after so many preference shares conversion and trading of shares in huge volumes?

Posted by Aaronthien93 > 2021-03-13 15:03 | Report Abuse

So what wil happen? Any idea?

Posted by cg14134 > 2021-03-13 17:56 | Report Abuse

Good question. I don't know the answer alas.

Posted by cg14134 > 2021-03-13 18:03 | Report Abuse

My guess (yours as good as mine) is that the new boss will surface AFTER one big ramp. If it is a good name, there will be stage 2 and stage 3 plays hopefully like Dataprep. I am dreaming....beaches + sunshine....

Posted by ITCHYLEG > 2021-03-14 00:22 | Report Abuse

Monday or Tue will start to push up. and friday will be above rm 1

Posted by SweetNovember > 2021-03-14 10:44 | Report Abuse

I hold KTG at 0.22... Will sell once hit 0.35..

Posted by cg14134 > 2021-03-14 13:25 | Report Abuse

If ITCHYLEG's prediction were to come through, I am planning big big holidays once Covid travel restriction is off. No harming day dreaming a little lol

Posted by hassim85 > 2021-03-15 09:31 | Report Abuse

volume come in..

Posted by cg14134 > 2021-03-15 09:47 | Report Abuse

Vroom vroom!

Posted by investisthekey > 2021-03-15 09:51 | Report Abuse

its coming...hold on tight

Posted by Estherk > 2021-03-15 10:07 | Report Abuse

Ratio 10:1, could 10 ICPS to convert to 1 orig share without add cash?

Posted by investisthekey > 2021-03-15 10:12 | Report Abuse

if like that then mother will be 0.60.....hehehehe

Posted by cg14134 > 2021-03-15 10:18 | Report Abuse

ICPS, if not converted by expiry date (7 Apr), will be automatically converted at the ratio of 10 ICPS into 1 ord share

Posted by cg14134 > 2021-03-15 10:24 | Report Abuse

Conversion b4 expiry date is by tendering 1 ICPS + 54sen cash for 1 ord share

Posted by Yakok > 2021-03-15 10:39 | Report Abuse

so..wat is it means? shot up??

Posted by luiws123 > 2021-03-15 10:41 | Report Abuse

Cg14134, off market transactions is done at 0.005 cent, meaning if 10 to 1 icps conversion is done, the huge off market transactions their cost is only 5 cents, way below the current market price.

Posted by cg14134 > 2021-03-15 10:47 | Report Abuse

0.005sen or 0.5sen?

Posted by topguan > 2021-03-15 10:51 | Report Abuse

This company will do a turnaround from a loss making to a profit making company. The glove making business and hand glove formers will add value to the company. So will the money lending business. So it may be a good buy now.

Posted by cg14134 > 2021-03-15 10:57 | Report Abuse

Let say 0.5sen, 10 ICPS to one ord share implies 5sen/share cost, so u r right, but the dilution is a lot lesser hence not a threat.
So far 187.6m ICPS have been converted by tendering 1 ICPS + 54sen cash, assuming no more conversion until expiry, the number of additional shares from automatic ICPS conversion = (392-187.6)/10 = 20.44m share

Posted by cg14134 > 2021-03-15 10:58 | Report Abuse

I think mkt can easily absorb the 20.4m lost cost KTG

Posted by cg14134 > 2021-03-15 11:04 | Report Abuse

low cost

Posted by Yakok > 2021-03-15 11:10 | Report Abuse

so.....buy more?

Posted by cg14134 > 2021-03-15 11:16 | Report Abuse

I bought some, up to a level that I am comfortable with. It all depends on your risk appetite and your own balance sheet strength. Speculation is tough biz!

Posted by Estherk > 2021-03-15 14:00 | Report Abuse

Tq. cg14134. For WA, ratio 1:1 , to convert will be 0.025 + 0.60 , right?

Posted by Estherk > 2021-03-15 14:01 | Report Abuse

If no conversion, what happen?

Posted by cg14134 > 2021-03-15 14:24 | Report Abuse

Yes. If no conversion, bo liao meaning expire valueless....

Posted by Estherk > 2021-03-15 14:46 | Report Abuse

Noted. Tqvm!

Posted by cg14134 > 2021-03-15 14:50 | Report Abuse

welcome

Posted by abcb > 2021-03-15 15:37 | Report Abuse

DBT(Direct Business Transaction) Notification- KTG-PA(7165PA).Kindly be informed that DBT occurred on stock KTG-PA(7165PA) on 15:27:21 at Price 0.005,Volume 3.0E7 units

Can anybody to explain the meaning of 3.0E7 units

Posted by abcb > 2021-03-15 15:39 | Report Abuse

On 15:28:44 at Price 0.005,Volume 1.988E7 units
I don't understand what is the meaning of 1.988E7 units

Posted by cg14134 > 2021-03-15 16:02 | Report Abuse

E7 means 10m units

Posted by cg14134 > 2021-03-15 16:03 | Report Abuse

3.0E7 means 30m PA

Posted by hassim85 > 2021-03-15 16:04 | Report Abuse

wow 180+k lot just clear with a second... anybody see it..

Posted by abcb > 2021-03-15 16:25 | Report Abuse

Tq cg14134

Posted by cg14134 > 2021-03-15 16:34 | Report Abuse

Lai liao???

Posted by abcb > 2021-03-15 16:40 | Report Abuse

They continue to accumulate in the open market until 22 March 21,the last day for trading both Warrants and ICPS

Posted by cg14134 > 2021-03-15 17:03 | Report Abuse

Let's hope this is a good one. FS master says this is my good year lol!