I suspect there are pledged share from IB bank sell off to meet someone shareholder to meet their Financial tariff lor,,, once this over Echicken will start expanding its wing lor .
eg wc next week will uptrend back ... eg company will reject the right issue proposal, eg wc suppose jump up to 0.80sen in 2 week time. this is internal news. my brother working there as business planner. muhahaha. come sale your stock to me. I want to borong all!!!!
right issue not to pay debt. but to expend business. this is oppurtanity. go check the history first. buy eg higher management also egg head because reject the proposal right issue. haish... now I need to buy ex stock. wait another week.. come u dumb dumb. sale to me... next week ,u buy back form me with high price. this morning I managed to buy 0.90 sen / unit. hahaha. bloody stupid . next week only u know what is eg. the gold or the glass. haha
calling all sohai. calling all sohai. sale your eg... hahaha. thanks to me because got brother who working inside... can now news... u can ask top management. my brother is business planner there.. hahahaha eg will keep increase.. at that time u all plastic face will cry.
See..RI is a bad news. Don't stubborn pls..Many investor will exit due to this RI..Long term no body know. But short term 1-6 months surely downtrend..Why you want to buy high now? Why not wait it stable down at low price only accumulate for long term
RI won't be rejected la..Mgmt surely approve it so that they can get more cash to control in the company..Yeah, they have high share and they have to pay high RI, but left side pay, it will goes to the right side, which is the company pool which control by them..So they are happy..Only u guys who subscribed RI will be cry..
lunamaya. some part I agree with you. RI is worst. from my experience. You hold a stock with company who issue RI .you will not able to archive the buy price anymore. sale or take the right issue to minimized the loss. anyway. loss is still loss, better loss RM1000 then RM10,000 .
Yes, if you had many experience already you will know RI is never a good thing. BI is a good thing this is basic investopedia. Then not to mention the uncertainty after RI if there is growth or not. You like kah your ID guy collect money from you first to renovate your house before you see anything being done yet. This is collect money forst do later ler. Got reputable still ok if after collect money no result who guarantee? you think EG pay your back your RI kah? This is just basic investment only. Don't so trust what sifu sifu sometimes. Trust money in your own pocket.
this is a turning around company. debt is high; cash flow is lumpy. thats why high risk. but if they really make it happen, your return of investment will be high. high risk high return. depends on how much risk you are willing to take. as simple as that :)
u buy last week.0.95 next 2 week became 0.50sen and it will never climbing up again to 0.90. because of Right issue. u understand what is right issue first and see the trend of all counter who previously offer RI. this is base on my 15years as remiser,
to be frank ,.just sale now. minimize your loss. if you want to keep.up to you,
venfx confirm without proof. He trying to denied the fact. keep on dreaming. you can hope its is uptrend by looking to quarterly report. if company not issue RI. but now. egg already propose it will issue RI in first quarter 2017. and the price will only be finalized base on the price at the lunching date...
tweaking fact or you just want to save your ass venfx. you keep dreaming that sooner stock price will climb up again and you can sale at your cost price.....
I do agree to trim or add position accordingly to broaden market . As we know most speculators would try to take advantages from the trading range of the klci from 1680 -1730 .
A better command is dont utilise over 70% of your margin account limit.
Sorry,I really dont see u got such an angel hearth as your claim to save Eg shareholders here. Matter of fact, i'm doubt your attention while u are tweaking or rather to scare the readers here.
Inari did RI in 2013 and 2015 to raise fund for expansion as well, this can be found in Bursa announcement. I personally subscribed for the 2015 RI. Company need money to fund growth and expansion, raise fund from investors is definitely better (as it is cheaper) than take loans from banks. Do look at this whole RI episode objectively, so far EG management has delivered what they said (more biz in box-build, increase profit margin) since last RI. During Inari RI, I don't remember seeing their share being dumped this bad, but why EG RI create such a huge negative sentiment? Something to ponder ...
Sure got risk, but as long as you trust that the company will use the money raise from RI efficiently to grow the biz, then current selldown is a good chance for investors (not punters) to accumulate more EG shares, taking advantage of the negative sentiment looming now.
I’m not asking anyone to buy or sell or hold, just to share my thoughts, hope this will benefits all.
What calculations you need? You think everything can so easily calculated like maths? If that is true then share price would not fluctuate anymore rather all move in fixed box because everybody wanted to sell at calculated value. This is mathematicians talk not investor talk if you are so into specifics. Ask yourself how much you already lost since knowing the RI but still didn't let it go. Now probably too late for you to let go, or maybe its just halfway there only but all is just paper lost if you didn't sell. But some people like to earn many many rounds then they sell and buy back later at cheaper price and earn again. Or they short the price also they earn. Or they sell on news and buy back on rumors. But earning report also out already maybe they don't like and compound the issue further. Those that wanted to chao already chao cause they don't like RI whats more to calculate, calculate panic selling price or technical rebound price for you?
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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....
VenFx
14,784 posts
Posted by VenFx > 2017-02-27 19:24 | Report Abuse
I suspect there are pledged share from IB bank sell off to meet someone shareholder to meet their Financial tariff lor,,, once this over Echicken will start expanding its wing lor .