Exactly a day b4 the close of RI acceptance, the big player dumped kaw kaw to d lowest for those whom had applied those ICULs, b prepared for the show. Good luck guys......!
Remember the acceptance and payment date of ICULS is on 20 March. Don't miss out! 1. Each ICULS costs RM0.05. 2. Your capital outlay remains RM0.20 per share, regardless of the conversion method. 3. Selling shares at the TERP of RM0.235 to RM0.240 results in a profit. 4. Even if the share price drops to RM0.220 after Theoretical Ex-Rights Price , you still make at least a 10% gain. 5. For every Techbase share, you can buy 5 ICULS. 6. This means there's a potential 50% profit based on a conservative Ex-right price estimate!
after i reg. with aldpro. still can't using e subcription , so bought banker cheque (aldpro told that 2024 jan can't using e subcription (bank also not known?? where to check with) i also not know any one know where to check with
For arbitrage traders, the subscription into the rights issue of Techbase is encouraged as Techbase is showing an uptrend, and with a conversion price of RM0.20 (surrendering 1 ICULS + RM0.15). Should Techbase hit RM0.30 (TP), the value of ICULS would be RM0.15, rendering a potential upside of 200%.
Kindly be advised that 780,342,595 ICULS issued pursuant to the Rights Issue will be admitted to the Official List of Bursa Securities and the listing and quotation of the ICULS on the Main Market under the “Consumer Products & Services” sector, will be granted with effect from 9.00 a.m., Friday, 5 April 2024.
Are you still looking at this crappy company? Leave now! I recommend everyone to take a look at VS. The performance in the next quarter will be very good!
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....
Robinmoon
43 posts
Posted by Robinmoon > 2024-03-18 17:43 | Report Abuse
TECHBASE very famous lately, subscribe ICULS while techbase is trading comfortably above 0.25