Read all about PP (Private Placements) for those interested. Any stock that embarked on such exercise will cause the stock value to fall.That happened even for good counters like Serba Dinamik,Luxchem and many others. Thus IF a poor performance company like AT,Ocean etc were to raise PP, time for the investors to exercise extra caution. In short know the corporate development around the counters that you are buying.Source; https://www.thestar.com.my/business/business-news/2021/05/01/be-cautious-about-share-placements
@papaxs opines the counter Harbour Link is still in the consolidation mode.RSI trending below 50. Last week price weak. From the financials this counter is sound. Share issue : 140.04 million.Most likely the price will stay at the current level. View the charts to know more - https://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=2062&mode=1D
Perusing through the latest announcement on 3.05.2021 the new shares for so-called long term incentive plan was priced at 0.17??? As one of the market players you decide:
Changes in Director's Interest (Section 219 of CA 2016) - DATO MOHD RIZAL BIN MOHD JAAFAR
Changes in Director's Interest (Section 219 of CA 2016) DATAPREP HOLDINGS BHD
Information Compiled By KLSE
Particulars of Director Name DATO MOHD RIZAL BIN MOHD JAAFAR Descriptions(Class) Ordinary shares of RM0.17 each
Details of changes No Date of change No of securities Type of transaction Nature of Interest 1 26/04/2021 2,000,000 Acquired Direct Interest Name of registered holder DATO' MOHD RIZAL BIN MOHD JAAFAR Description of "Others" Type of Transaction Consideration (if any)
Circumstances by reason of which change has occurred Exercise of Long Term Incentive Plan Nature of interest Direct Interest
Total no of securities after change Direct (units) 2,124,200 Direct (%) 0.317 Indirect/deemed interest (units) Indirect/deemed interest (%) Date of notice 03/05/2021 Date notice received by Listed Issuer 03/05/2021
Announcement Info Company Name DATAPREP HOLDINGS BHD Stock Name DATAPRP Date Announced 03 May 2021 Category Changes in Director's Interest Pursuant to Section 219 of CA 2016 Reference Number CS4-03052021-00004
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....
papaxs
28 posts
Posted by papaxs > 2021-05-03 10:17 | Report Abuse
i still dont know where i cn check this 'bulletin'..