The price of WD tells us that HWGB will spike higher; with a conversion of .32 and WD price of .13 translates into .45 and with a short tenure of 10 months (expiring 15.03.21), shows that HWGB has very much room to go higher than the current perceived converted price !!
bcos the mother price not stable..but i am pretty sure will have show today.. just tested .355 then retrace...exactly like what happen last week before push up.
HWGB: - "HEALTH & WEALTH = GOOD BLESSINGS!" Congrats to those who bought earlier.
Gloves demand aside, many investors have neglected the fact that Rapid Test Kits will be the most vital medical equipment that is needed by frontline workers to identify positive Covid-19 patients. One may be fully masked & equipped with gloves but that will not be able to detect the presence of Covid-19.
In view of this, HWGB has scored a major breakthrough in their diversification into the healthcare sector with this new product. Going forward, the prospective future earnings is very bright as can be seen by the figures illustrated by Spectre888, that is self explanatory.
Among the 5 test kits that were approved by MOH, the one from Shanghai Liangrun ranked first in the evaluation of the new crown antibody detection. That speaks volume for itself on the reliability of this product from China. Thus, it will definitely be the preferred choice among medcal practitioners.
Until Covid 19 is under control the demand for Rapid Test Kits will be very high. HWGB's earnings will increase and it will be reflected on their share prices ultimately when more & more investors & retailers see its potential. Buy before it breakout from 0.38!
bought 30.5cts sold 31.5cts only too greedy but anyway no regret still make.sold all iwcity too bought 54.5 sold 56.5.today half day make a few k lunch money....hehe.lagi sinotop also make bought 40.5 sold 43.5.....see u later,afternoon session continue
UNCONDITIONAL MANDATORY TAKE-OVER OFFER BY HO WAH GENTING HOLDING SDN BHD ("OFFEROR"), A COMPANY OWNED BY DATO' LIM OOI HONG, LIM WEE KIAT AND DATUK TEO TIEW ("ULTIMATE OFFERORS") TO ACQUIRE: (I) ALL THE REMAINING ORDINARY SHARES IN HO WAH GENTING BERHAD ("HWGB") ("HWGB SHARES") NOT ALREADY OWNED BY THE OFFEROR AND THE ULTIMATE OFFERORS COMPRISNG: (A) ALL THE REMAINING EXISTING HWGB SHARES NOT ALREADY OWNED BY THE OFFEROR AND ULTIMATE OFFERORS; (B) SUCH NUMBER OF NEW HWGB SHARES THAT MAY BE ISSUED AND ALLOTED PRIOR TO THE CLOSING DATE ARISING FROM THE EXERCISE OF THOSE OUTSTANDING WARRANT-D 2016/2021 ("WARRANT(S)" OR "HWGB WARRANT(S)"), WHICH ENTITLES HOLDERS OF THE WARRANT TO EXERCISE EACH WARRANT INTO ONE HWGB SHARE AT THE EXERCISE PRICE OF RM0.32; (C) SUCH NUMBER OF NEW HWGB SHARES THAT MAY BE ISSUED AND ALLOTED PRIOR TO THE CLOSING DATE ARISING FROM THE EXERCISE OF EXISTING OUTSTANDING EMPLOYEES SHARE OPTION IN HWGB ("ESOS OPTION") AND NEW ESOS OPTIONS THAT MAY BE FURTHER GRANTED PURSUANT TO THE EMPLOYEES SHARE OPTION SCHEME OF HWGB (COLLECTIVELY, "OFFER SHARES"); AND (II) ALL THE REMAINING UNEXERCISED WARRANTS WHICH ARE NOT ALREADY OWNED BY THE OFFEROR AND ULTIMATE OFFERORS ("OFFER WARRANTS") FOR A CASH OFFER PRICE OF RM0.205 PER OFFER SHARE AND RM0.01 PER OFFER WARRANT RESPECTIVELY ("OFFER"
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....
stockjobber
448 posts
Posted by stockjobber > 2020-05-17 21:30 | Report Abuse
Spectre888, Thanks for the information and a very good/reasonable analysis...Thats why they revised the offer price 2 times !