(I) RENOUNCEABLE RIGHTS ISSUE OF UP TO 42,800,000 NEW ORDINARY SHARES OF RM1.00 EACH IN TIGB (“RIGHTS SHARE(S)”) TOGETHER WITH UP TO 42,800,000 FREE NEW DETACHABLE WARRANTS (“WARRANT(S)”) AT AN ISSUE PRICE OF RM1.20 PER RIGHTS SHARE ON THE BASIS OF ONE (1) RIGHTS SHARE TOGETHER WITH ONE (1) WARRANT FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM1.00 EACH HELD IN TIGB (“TIGB SHARE(S)”) AT 5.00 P.M. ON 16 JANUARY 2013 PAYABLE IN FULL UPON ACCEPTANCE BASED ON A MINIMUM SUBSCRIPTION OF 20,410,558 RIGHTS SHARES (“RIGHTS ISSUE WITH WARRANTS”); AND
(II) BONUS ISSUE OF UP TO 21,400,000 TIGB SHARES TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF ONE (1) NEW TIGB SHARE FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED BY THE EXISTING SHAREHOLDERS OF TIGB AND/OR THEIR RENOUNCEE(S) PURSUANT TO THE RIGHTS ISSUE WITH WARRANTS (“BONUS ISSUE”).
Kindly be advised of the following :
1) The Rights commence of trading : [ 17 January 2013 ]
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : [ 18 January 2013 ]
3) The last day and time for Acceptance, Renunciation and Payment : [ 5 February 2013 @ 5:00pm ]
4) The Rights cease quotation : [ 25 January 2013 ]
The Stock Short Name, Number and ISIN Code [ TOYOINK-OR, 7173OR and MYL7173OR000 ] respectively
If I am holding 10,000 shares Toyoink. How is tne impact on my Right issues, Warrants & Bonus. Please adive....I am a new bird.
Sell it today or latest tomorrow (*11th January) at market price of RM 1.10+ & switching to other counters. 2) if you die-die love this counter, buy back the said OR (tentative price RM0.20-0.30) on 22nd January 2013
Syarikat bkal dakwat printing besela,kna berdepan ngan saingan...aku ingt lg ms ak keje guard kat Mega Printing,kat Melaka syarikat ni siap sewa block printing tok syarikat2 kat Melaka,sales rep dtg perghhhh wa dkp lu kerek bai... Ntah la aku tgok jew...mcm byk org xpasan jew corp ni...ko rs bper price d ms exdate nt? Ko ada tgok MKH nya wa ri ni... Rasa leh g camtu x? Haha
Hi Kevin, ingoring the sweeteners attached to the subscribed right, it seem very expensive (agreeable. However, The Subscribed Right of RM1.20 is approved by the Authority, Security Commission, current Government body. In view of such, you can consider liquidate your position today or tomorrow, before the ceasing of Rights
In view of historical back-testing over similar cases in the past, This Right Issue shall be materialised & successfully, (at least under Malaysia Scenario). The Right price fixed in the middle of November 2012 when Mother share is trading at RM1,20. Waarrant priced fixed at RM1.50 for exercising
IB management committee majorlly is salary earner, they have to create chances to make profitabilty for their company. So, if you aware of their proven methods of tactical exit strategy, (well define systems) you can make money together with them.
Before you invest, do you homework [ SWOT analysis.] knowing the company in depth & in breath. Then capitalise on their strength, while consistantly alarm yourself over the company weaknesses. Refer MBL (Muar Ban Lee posting)
Dear Mas Anyway, can help to elaborate how is the OR ex. price and bonus issued impact on mother price...I mean simple calculation. hope u spare a bit of time..sorry
Sell it today or latest tomorrow (*11th January) at market price of RM 1.10+ & switching to other counters. 2) if you die-die love this counter, buy back the said OR (tentative price RM0.20-0.30) on 22nd January 2013 10/01/2013 10:12 It seems the mother price decline further now to RM1.07, if you miss the selling on yesterday & love the stock, & insist of obtaining the OR, sell the Mother share TOYOINK 1st thing in the morning on Monday 14th January 2013 @ price RM0.86 and above (the higher the merrier). From the comments & talks of Forumers, Remisers, Fund Managers etc, this company is not a great company, Currently the Growth potential low, PE extreme high, Dividend miserable low (for many years zero), Charts awesomely bad looking, AS such, it was neglected by Fund Manager's coverages. This type of stock cannot hold until & unless the company has turn toward better, i.e profitability
Attn: TonyLim: Toyoink did not obtain any underwriter for the Rights Issue (Unsubscribed Shares)Implementation. 2) I strongly advise to sell on 10th & 11th January at RM1.10 partly becaause of this reason 3 The successful of this corporate exercises is entirely not based on Underwriting, but other issues all-together
As mentioned earlier, the corp exercise would not failed, instead it would be successfully carried out. What's sorrowful is investors who bought at about RM1.30 (about 6 months ago)will be subjected to "Toyoink Long Term Trap" because after the corp exercises, they still cannot recovered from their original cost, This is in spite of the additional offering of such sweeteners, bonus cum warrants. Conclusively, I do not hesitate stockholders to liquidate their position on 11th & 12th January 2013 at RM1.10 because after corp exercises, [original position + Bonus + Warrant = Below RM1.10]
Attn: Kahfeilai I have been monitar this counter for the past few days, over Buyers Rate, buy & Sell Q, quantities transcacted & time of transaction etc, etc... Just to verify my finding is correct: 1) Neither you did disposed any quantity on 10th & 11th January at RM1.10 ? 2) Nor you effect your disposal on today 14th at above RM0.86 ? My finding is Director's Associates have effect disposal on these few days in spite of small quantities transacted per days.
Technical Analysis of Toyoink as at 14/01/2013 Technically, Toyoink major trend is down. This downtrend is encountering a 3 years all time low. MACD detected a Bearish crossover with a negative decline below 0 centreline zone. Stockastic maintain a Bearish Crossover. Candlestick pattern is Bearish Engulfing signify that declining is continuous intact. In this respect, all Technical Indicators highlighting negatively downside signal. During the gradual mode of decline, the next Support Test is at RM0.73. In personel, I do prey & hope that price would hovering around & above RM0.80, otherwise, Retailers who bought at around RM1.30 in the past would encounter whiplash absolutely.
Mas U delighted me. Sharp and observant..I will gamble on it by disposed the OR and hoping the rebound of the underlying share...hopefully can reduce.....Los
1) Disposing OR, Toward optimum maximization of returns, a) which date would you do so ? b) At what price would be in your favor ? No gamble, work in it by observing during trading hours how the Insiders are performing the queue of price & volume in the Buy ~ Sell status, its transaction modes, swapping of Insiders & its Associates. Please do so on: 15 & 16th Jan 2013 Time to watch closely: 8.45 ~ 9.00AM, 9.00AM to 9.30AM, 11.30AM ~ 3.00PM, 4.30pm ~ 5.00pm At the end of the 16th Jan, you could figure out a) What is the OR peak price? b) Insiders are disposing the OR or alternatively accumulating the OR c) The wealth & health of the Insiders
Attn: Kahfielai OR Range Bound pricing: after examing the mother share performing effected by the Insiders over the buy ~ sell queue, transaction details etc, I conclude that within the periods of OR trading, the price shall be +-RM0.23 on 17th January & and decline further to +-RM0.06 on 22nd & 23rd January. In this instant, the middle band is RM0.15. With such a miserable price quoting, it increase your lossing position. You would then regretted for not selling on 10th /11th January at RM1.10. It is my Forward Estimates (Forward-looking Analysis). Results over-rule everything
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....
necro
4,726 posts
Posted by necro > 2012-03-07 22:56 | Report Abuse
what happen
???