I got some 31-32 waiting for conversion. Volume getting less because many converted? Looks like Nexgram if hits 10 cents, 32 becomes 40 gain 25%. if Nexgram 12 cents, x 4 = 48 cents, gain 50%. Bursa insider buys a lot? Owners keep so quiet buying themselves as usual. Gem of the year 2016 to be discovered.
The conversion price of the ICULS is RM0.60 for every one (1) new ordinary share of the Company (iii) The ICULS may be converted in the following manner: a. by surrendering nominal value of ICULS equivalent to the Conversion Price; or b. by surrendering such number of ICULS together with cash such that in aggregate it amounts to the Conversion Price.
thats mean .6/.075, u nid to surrender 8 iculs to get one mother shares
or u surrender 1 iculs .075-.6 n pay .525cents to get one mother shares
Those fake news from previous owner enemy chong ket pen, the criminal in bribery on protasco, all under macc list. Iretex has new owner now, ckp conspiracy dies off.
Fake news manufacturer and coward chong ket pen using tan yee boon the dog. Puit! Iretex business stronger than ever. Eat their own banana lah soh hai.
Teh eng huat cheat iretex 20million selling zoomic with fake contract and business. Bring sued profit guarantee, RPT and cbt taken money 3million, fake business tens of millions. Then cheat mqtech money and maybe more. Until teh eng huat captured, his debt to iretex will not be served justice. Iretex is too slow in suing him. Sue faster so share price have chance to goes up.
MR SOO TEE WEI sold 1,650,000 @0.21 on Dec-5-2016, look like he had disposed the share at loss considered he had acquired it at higher price. Who he had sold to?
New shareholder Famous bluechip sdn. Bhd. acquired 3.629 million on 25 Nov 2016. This is the company registered in the state of selangor on 20/Jun/2016 and its main business is export and import of variety of goods without any particular specialization, therefore it is mainly for buying and selling purpose.
CFO Lai resigned on 9-Dec-2016 and around the date, Soo Tee Wei and Tey Por Chen announced their disposal of 1.65 million and 30.6 million unit share. Therefore, who is another major shareholder buying the big chunk? Why announcement was timed at the same time when disposal is made on November?
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....
Terence Chin Yun Peng
156 posts
Posted by Terence Chin Yun Peng > 2016-01-01 08:49 | Report Abuse
i enter at 0.305 again .. nexgram share now traded at 0.095 , four shares = 0.38 .. possible 20% gains above in shorterm ..