Greedy speculator messing with shares. No fundamental. Major owners hold 70% shares all over. Sure anyone buys little already up 50%, already trigger bursa uma red light. My cost average down to below 25. Selling 275 and 28 all the way up. Hit 40 better. As long the major owners cornered shares, good luck those aiming higher. Trade safe.
(i) by surrendering nominal value of ICULS equivalent to the Conversion Price; or nominal value nominal value : 0.0750 , need to surrender 8 ICULS for 1 new share
(ii) by surrendering such number of ICULS together with cash such that in aggregate it amounts to the Conversion Price. that's mean u need to top up 52.5cents to convert a LA into mother.
Warrant needless to say, 200% premium, u buy la.
That's why u can see the mother's share price runs better than LA and warrant.
2019..still long time to go..the mother might be hit 0.60 ..better buy icul..one of the new managements' strategy to to increase value of the company in future.
it will be more interesting on LA once the mother pass 60cents .. not interesting since currently every 4cents up , LA up half cent .. once mother share pass 60cents , it will lure more money to pump into the company..
The owners held 70% control. In market easy play. Speculators goes in stuck in middle. Only way is up and sell down else suffer lost if stop now. We sell along the way up. Lucky i sold some 27 275 Yesterday.
Q sell 28. Hope they take. Looks like so little shares in open market, buy up no cheap shares, too high afraid owners load pregnant, sell down cut lost no followers unless cheap enough.
New owners singaporean and malaysian combined. Check history controls likely 50% direct, and15-20% old owners proxies, so direct/indirect 70% influence. Hope the new owners can combine their business using strong singapore dollar.
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....
tinyinvestor
368 posts
Posted by tinyinvestor > 2017-01-01 09:13 | Report Abuse
tunggu hantu mari....