Let's hope that the OR will close at new high on its last trading day next Monday... This will give a BIG boost for the listing of those attached FREE warrants ( for each exercised OR ) on the coming 24th December..... I FEEL GOOD!!!!!!!
The Abridged Prospectus together with the Notice of Provisional Allotment ("NPA") and the Rights Subscription Form ("RSF"), will only be despatched to the shareholders of OCK whose names appear on the Record of Depositors at 5.00 p.m. on 23 November 2015 ("Entitled Shareholders") at their address in Malaysia or who have provided the share registrar with an address in Malaysia in writing by 5.00 p.m. on 23 November 2015. Foreign Entitled Shareholders who are without an address in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers to effect the change of address by 5.00 p.m. on 23 November 2015. The date of listing of the Rights Shares and Warrants to be issued pursuant to the Rights Issue with Warrants on the Main Market of Bursa Malaysia Securities Berhad will be on 22 December 2015. The aforementioned documents will be despatched to the Entitled Shareholders not later than two (2) market days from the entitlement date.
tewama bro, boleh. kalau anda ingin subscribe 1100 drp 1300 yang di entitled, maka tewnama bro harus jual balance 200 OR unit itu dalam minggu ini iaitu sebelum tamat OR trading pada 1 hb disember sila rujuk tarikh2 berkenaan di pautan di bawah:
maaf, tewnama bro, tarikh dan masa terakhir sepatutnya pukul 5 petang, 30NOV2015 untuk jual/beli OR. bukan 1 hb disember. Kalu di jual, sayang tak akan dapat warrant yg di bagi free untuk 200 unit itu...
good. the free warrants will be a 5 year "validity" masinya bro, looking forward to the BIG Boost. :-) I observe and see the timing, OCK management very pandai ... quarter report will be coinciding too... lets see what will happen :-)
Same-same Tewnama bro. kalu gitu senario bro, bro ada beberapa pilihan:-
1. Beli dari pasaran 50unit OR minggu ini untuk manjadikan ia 100unit (Kos ini ialah 50sen+0.295 seunit (kalu ambil example harga tutup OR semalam)
2. Subscribe excess (minta broker untuk subscribe for excess 50unit. Ini tertakluk kpd keputusan mgmt. Excess boleh jadi jika Ada mereka yg tak subscribe. Example seperti bro punya 50unit kalu bro tak subscribe dan tak jual ia akan menjadi excess pool untuk dijual kpd mereka yg berminat untuk subscribe tambahan. Kosnya sama 50sen seunit tetapi tiada jaminan Akan dapat 100%. Ia seakan-akan seperti IPO application yg biasa.
3. Jual 50unit OR dlm minggu ini dan realisasikan keuntungan dahulu.
I dont really understand how this OCK-OR works. Does it mean s/h holding these warrants can convert them to shares? at what date and how much more s/h have to pay?
investinvest usually broker is able to assist... there is a odd lot market... check with them...
jiinsern, holding the rights shares will entitle to convert them to mother shares. then each rights shares will come with free warrant. check the bursa announcement link for the dates.
The free warrants will be valid and traded for 5 years. Exercise price is 0.71 sen if u wish to convert the warrants to mother share. Think alongst the line of companies giving out ESOS. sweet deal for long term kaki like me. No need upfront cash to be entitled.
jiinsern, hope you are clear that the OR rights will end trading on 30NOV 5 p.m. - so whatever OR rights you are holding (whether from entitlement or buy from market during this one week period) you will need to subscribe to them i.e. 0.50 sen per rights share $$$
warrants lain cerita - "free"...
hope u are clear that the rights shares and the free warrants are two different things..
masinnya bro, I meant the warrants that we are getting are likened to what employees getting ESOS. ie they can exercise them when they are vested. In our case it will be "vested" once warrants are listed and we can exercise within the 5 year period...
@jinnsern - yes you have to pay 0.50 for the right issue. @ wannebeinvestor - if you don't subscribe for the right share, you don't get the free warrant.
jiinsern bro, yes. you will still need to subscribe the OCK-OR that you have bought from the market. so your total cost for each conversion of your OCK-OR to mother share = RM0.50 + 0.305 = RM0.805 per share. compare to the entitled holders, only 0.50 cost. but both will also get the free warrants....
wannabeinvestor bro if you don't subscribe to the OR, then you will not get the mother share conversion and also lose out on the free warrants.
Sam Kit, for your scenario, like bro tewnama said, in the end u will hold 3000 mother share and 1000 warrants.
Sam didn't disappoint. His fire in his belly just grew even more fiery!
What are u waiting for? Make sure u subscribe to all your allocations OCK-OR! And play LOng term. Besok Mesti Ada show bagus punya. Dua dua mama dan OCK-OR pasti terbang. Huatt ah Bros n sis!
I just read the report that OCK Regional Expansion grew by 384%. In Malaysia and Indonesia the company is maintaining more than 24k telecom sites ! Now beginning to penetrate into Burma. It is getting more and more exciting.
let's enjoy the blockbuster... wish all of you huathuathuat !
bros and sis, they are definitely on the right track and penetrating the right booming markets (myanmar - is still very greenfield, imagine when our country's network was 2G days back in 1998, the potential of building towers and then getting recurring income is HUGE), the local SKMM T3 towers award tak main dah... kalu dapat kira bonus je la... Sam is very good. he doesn't want to settle to just be jaguh kampung - overseas expansion was the right move. let's keep our fingers crossed that the agreements will finalize in a few weeks time....
tewnama bro, borang sign dan hantar, jgn lupa bank in $$$.... jangan lepaskan peluang keemasan ini untuk pegang lebih besar shareholding dan menikmati rezeki di masa depan.
just to share, these are good times, and we shout and hepi. but long term investment requires patience, i kept my cool and held all my holdings when it dropped to 60 sen last year ... be prepared to ride them ups and downs, and i believe we will be rewarded big time in a couple of years...
zlyc bro, welome back. u must be laughing until salivating oredi :-))) must be huat besaq gila.
i won't be surprised OCK-OR will fly super high... it makes sense to chase for OCK-OR. ada free warrant mah.. and as usual, like uncleZ puts it, this "old man" usually take a bit of a time to warm up before shooting lol.. which actually means investors got "time" to load up still ... what a nice stock...
lol. I was in the same predicament a month ago. Wanted to sell some in order to subscribe to the rights. Timing sui suei managed to save some $$$. Am glad didn't sell any. Lol Just look at their financials. The numbers speak for themselves. From 2012 almost every quarter revenue bertambah. Growth stock.
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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....
wannabeinvestor
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Posted by wannabeinvestor > 2015-11-24 11:17 | Report Abuse
thx