Types of corporate proposal : Conversion of Preference Shares Details of corporate proposal : Conversion of Islamic Redeemable Convertible Preference Shares (RCPS-I) into Ordinary Shares of the Company (Conversion of shares) No. of shares issued under this corporate proposal : 216,577,089 Issue price per share ($$) : 0.3000
Press down 0.30 100% retracement?? cham lo Good news is can buy at low price again Yeah!!
I think when you buy this counter, have to be mentally prepared for the dilution effect from the RPS conversion and exercise of warrant. This is something that will happen sooner or later anyway. Just take the profit during their peak performance (maybe 2014) and divide it with the number of shares after full conversion of RPS and exercise of warrants. With that EPS figure, you can make a guess of how high this share can go, at most.
Umwog will save on interest payments of the preference shares. So it's good that they convert all asap. Why buy this share & have so much stress. If u must buy, no need to shout when it goes down. Just shout when it goes up. Best is don't buy at all. Buy unit trust or better still play US mkts.......everyday go up
amanah is still holding 3billion shares. What amanah throw out is just peanuts...I think amanah and Epf are trying to corner Huge liquidity at the lowest price. 3 or 4 cents they can collect 100-200millions at this level.....Once amanah starts buying, everybody jumps in......There is a Dark horse------FF
Jangan takut la.. morning ada banyak orang sapu tinggi lagi.. Start have lower collect again.. b4 fly up.. Later more crazy investors buy up again... hahaaaa
Hey good morning people .... it’s going to be a glorious day after a overnight drizzle. I thank God for the sun rise, morning mist, bird chirping and above all the peaceful gift of His......amen
Amanah collected more at low price of umwog it's the contra players force selling at bottom. A sudden push up in a single day wipe out all small players. Just as some counters did. Just keep it after all we are not caught keeping at high price, even if knocking down to below 30cts collect more at bottom wait for oil Brent and nymex increase more than current value. Ridiculous to sell at bottom chase at hi price when bullish
A pioneer planter once sard that he played stock like he did charity. When the market was gloomy and nobody wanted the stock, he bought.when everybody wanted the same, he sold. I believed him ever since.
Looking at the macro economy, this year is oil game just as ten years ago the cycle come back and won't be surprised reaching 80usd and suddenly volatile. Most oil industries are waiting for the right time and already in the radar. After oil booming followed by market crash it's a repeat of 2008
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....
niten
14 posts
Posted by niten > 2018-01-24 16:40 | Report Abuse
AMANAHRAYA TRUSTEES BERHAD no good in doing business, they r good in cheating people