Posted by Vincent Tan Peng Seng > 2017-09-18 13:46 | Report Abuse

Oh... okok tqtq, so the date is correct right? Before 4pm 20th.

Tq so much :)

Posted by Vincent Tan Peng Seng > 2017-09-18 13:48 | Report Abuse

Nice movement today, my noob anticipation was wrong, i thought today will drop due to lost interest, looks like alot more to learn.

Posted by Jen Ern Tan > 2017-09-18 13:51 | Report Abuse

Can someone explains to me how to convert pr to mother share later?

Posted by TheContrarian > 2017-09-18 14:08 | Report Abuse

Vincent, I think the bonus warrants will only be credited to you on the date the preference shares are listed.

Posted by TheContrarian > 2017-09-18 14:12 | Report Abuse

Jen Ern Tan, you have to subscribe for the preference shares first before you can think of converting to ordinary shares. To convert, obtain the conversion form from your stockbroker for submission to EG Industries.

Posted by VenFx > 2017-09-18 15:52 | Report Abuse

coldinvestor V 第一回合， 你胜利了， 恭喜！
18/09/2017 15:24

我 : 胜于自己，比所有人都重要 . THANK YOU !

Posted by VenFx > 2017-09-18 15:54 | Report Abuse

交易量增长缓慢，
持续在0.725以上，
认为是下一个
新涨势启动 .

Posted by VenFx > 2017-09-18 17:09 | Report Abuse

HOLDING WELL 8907(EG)

Posted by cnyang > 2017-09-18 20:10 | Report Abuse

what is the exercise price for the rights ? does it mean, you get a bonus share too ? can anyone please help me .

Posted by KH8668 > 2017-09-18 21:48 | Report Abuse

RM0.95, get free 1 bonus share for 1 preference share subscribed

Posted by Cimbnet > 2017-09-18 23:37 | Report Abuse

Hi sifus, after subscribe for preference share, we must convert to ordinary only we can trade it?

What is the time frame given to convert to ordinary?

Posted by Imstupid > 2017-09-19 00:07 | Report Abuse

ColdInvestor good comment .........

Posted by KH8668 > 2017-09-19 07:53 | Report Abuse

PS is tradable also like ordinary EG shares. You can convert (1:1) to ordinary share at any time after listing of PS until and within 5 years. After maturity (5 years later), remaining PS will authomatically converted into ordinary shares. PS holders are lenders to company ( in return for 2% interest p.a) but can become shareholders after maturity or after conversion. Company have option to redeem PS at issue price after third anniversary (have to give 30 days notice)

Posted by KH8668 > 2017-09-19 07:59 | Report Abuse

Trading price of PS should be "more or less" trading price of ordinary shares. If range too big, arbitrage activity will "balance" it

Posted by Cimbnet > 2017-09-19 08:33 | Report Abuse

Thanks for your kind explanation! Thus PS will be traded under another stock code i suppose?

Posted by Cimbnet > 2017-09-19 08:34 | Report Abuse

Good luck to all EG supporters lol. Venfx sifu hope your eggs can hatch lol

Posted by VenFx > 2017-09-19 08:47 | Report Abuse

Big Thanks to KH8668, for been caring to share the above.
To further highlight :

The management has an option to redeem earlier the PA. after x3 year anniversary from its issuing date. If, the situation fit for tgem to do so.

Posted by Imstupid > 2017-09-19 10:25 | Report Abuse

I see yr comment long time Liao 你的意见 洗耳恭听 @coldinvestor....

Posted by reiki6 > 2017-09-19 12:50 | Report Abuse

@kh8669 "PS holders are lenders to company ( in return for 2% interest p.a)" means if holding the PS will get 2% interest? sorry i m still learning.

Posted by Imstupid > 2017-09-19 13:19 | Report Abuse

股价跌容易 涨难。 ，，，，还好早早卖了 亏钱也卖。。。。

Posted by Learning2017 > 2017-09-19 14:01 | Report Abuse

coldinvestor 想不到你这么重视我的稱赞， 不删除了？

这样其实很好啊~大家好好讨论公司情况和前景，不需要互相攻击吧？每个人可以拥有自己的见解和想法，大家可以互相分享！如果觉得别人分享和自己有点出入可以问个明白最后还是觉得自己的分析比较准确可以依据个人的情况进行买卖不需要搞到水火不容的！当然你的分享我也很留意，无可否认你说的情况很中肯但是也别一直对比谁对谁准了吧！每个人见解不同，你的分享我们都很感激的！

Posted by KH8668 > 2017-09-19 20:13 | Report Abuse

The interest is fixed 2% p.a payable within 14 days after 30 June every year until maturity or redemption

Posted by Ckmeric > 2017-09-19 20:30 | Report Abuse

Hi may I ask 2% of what figure yeah?

Posted by Ckmeric > 2017-09-19 20:33 | Report Abuse

Today the banker called asking if wanna subscribe, then I ask the 2% interest of what figure. He cannot answer.

Posted by KH8668 > 2017-09-19 21:10 | Report Abuse

2% of issue price (0.95) per annum
Ex-date is 30 June
1st payment will be period from listing date until 30 June 2018
If you got 1000 eg-pa, interest will be 950 X 2% /365 X no. of days (listing date until 30 June 2018)
Period from 1 July 2018 - June 2019 will be 950x 2% = RM19 for 1000 eg-pa
<common sense>

Posted by KH8668 > 2017-09-19 21:11 | Report Abuse

Sorry ex-date should be 1st July

Posted by Imstupid > 2017-09-20 10:12 | Report Abuse

Ok I'll follow up @ clodinvestor...

Posted by Buns > 2017-09-20 10:16 | Report Abuse

Haha made cash already from hibiscus. Painful wait, thankfully analyst 100% return call on tape today. Now waiting for this EG to bloom, still the slowest in my port

Posted by lloydlim > 2017-09-20 12:14 | Report Abuse

Warrant moving upward, how come?

Posted by Alex Foo > 2017-09-20 12:16 | Report Abuse

haha ok ven sifu =)

Posted by reiki6 > 2017-09-20 16:30 | Report Abuse

thks KH8668

Posted by imnewbie > 2017-09-20 18:28 | Report Abuse

A bit confuse...

0.71*2-0.95=0.47

Should it be 0.47 for the OR tomorrow?
TQ!

Posted by Cimbnet > 2017-09-20 20:25 | Report Abuse

Wow, after so long ....

Posted by 778899 > 2017-09-20 22:12 | Report Abuse

buy one EG-PR , can get 1 bonus of EG and Right issue to subscript 0.95 ?

Posted by andr > 2017-09-20 22:16 | Report Abuse

No one here concerned of Q4 QoQ keep declining?

Posted by mjlee > 2017-09-21 06:08 | Report Abuse

drop till 0.5 ill buy!!

Posted by VenFx > 2017-09-21 09:16 | Report Abuse

Official price at 0.470
Now traded 0.430 - 0.400 (5000 lots)

Well done .

Posted by Lau Han Chong > 2017-09-21 09:45 | Report Abuse

有点不明白。
早上我拿到了PR，下个step是？
等收到form，买banker cheque付钱？
两个星期后拿到4：1的ordinary share？

Posted by Cimbnet > 2017-09-21 09:50 | Report Abuse

Take preference share, not ordinary share. Under another stock code.

Btw sifu, for every PR we subscribe, we get 1 bonus share right ? The bonus share given in ordinary or preference share?

Posted by thiam1129 > 2017-09-21 12:08 | Report Abuse

The price for mother share will be adjusted again after bonus issued?
How the price will be fix?

Posted by Law81 > 2017-09-21 15:22 | Report Abuse

Yes any sifu can explain what we can do with eg pr?

Posted by Vincent Tan Peng Seng > 2017-09-21 17:35 | Report Abuse

VenFx, PR already listed but free warrants havent release ya?

I am holder of WC only... no mother share

Posted by KL_82 > 2017-09-21 17:45 | Report Abuse

Warrant to be listed together with preferred share. Wait..

Posted by Vincent Tan Peng Seng > 2017-09-21 17:49 | Report Abuse

PR already listed today

Posted by leslieroycarter > 2017-09-21 18:51 | Report Abuse

EG-PR only traded 40-43c, Rt 95c, total 40+95=135/2=67.5c
43+95=138/2=69c, thus trading 67.5-69c for Eg is considered dirt cheap compared those who bought the share at 80+c?
So , sometimes better buy at the end of expiry to get a better offer.

Posted by Vincent Tan Peng Seng > 2017-09-21 20:06 | Report Abuse

Havent... additional warrants should be listed today (same as PR day) but didnt appear...

Posted by Gen2 > 2017-09-21 20:58 | Report Abuse

Vincent, additional warrant should be appear the same day the bonus shares issues.

Posted by imnewbie > 2017-09-21 21:05 | Report Abuse

i think vincent misunderstand, PR is not preference share(EG-PA).

Posted by Jen Ern Tan > 2017-09-21 21:06 | Report Abuse

Can I sell my eg-pr, get the money but not subscribing the right issue?

Posted by Jen Ern Tan > 2017-09-21 21:20 | Report Abuse

We pay rm950 to get 1 pr 43 cents and 1 original share 70 cents, but don't forget each share has dropped 9 cents on the ex-date, we lose 36 cents from there. Should we just sell our pr since it is already credited in my account? Why do I have to pay rm950 to get a 70 cents share?