not that i know of. all i know drb is having several loans from government to rescue proton and now being buy up by geely 49% proton share & disposed off lotus.
Wrong info then... I thought drb got right issue while its share price was 0.80.... hehe... anyway... most listed companies under khazanah do well except MAS.... haha
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rights issue ex next week .... i got no more money to subscribe to rights ... hopefully this afternoon the foreign funds managers will take up this good company shares & interested in the rights ..
Relax... market is absorbing the selling from those who need to cash some money out to subscribe the right issues... should be up this afternoon and tomorrow... can up till 0.35.... hehe
Many calling the banks to get finance this morning to buy the right issues... might see another round of cash out if those players need to sell to subscribe the right issues... no more cheap price in the afternoon... :) :)
Initial IPO 2.80 per share... right issue 0.30 per share... big boys lost a lot on book value... can't see any reason why they will sell it down below 0.300... after all, they need to make money to pay ASB holders... lolz
fzank, my gut feeling it will go down to 32c. you can then decide to buy back or wait till it ex. preferably wait till ex is a better choice since you already holding some units...
sigh!! still waiting for foreign fund mgrs & local supporters in buying up this good company shares. once in a lifetime opportunity to buuy the share at low price with free warrants ... sigh !! why nobody interested ???
hopefully they will realized this good company soon & buy our shares so we can exit this good company and we can then invest in another lousy company ..
you buy 20 lots at 0.34 , about RM6800 ... one can subcribe to 56 rights at RM0.30 per rights , about RM16800 .... then you will get free warrant 14 lots.
Oil price rises as US refineries restart, Irma wanes
NEW YORK: Oil prices rose on Monday as key U.S. refineries began restarts following Hurricane Harvey, which may help revive crude oil processing, while fuel prices fell as Hurricane Irma is likely to clip demand for gasoline and diesel.
The possibility of an extension to the 15-month production pact between members of the Organization of the Petroleum Exporting Countries and non-OPEC producers also helped to support prices, traders said.
Brent crude oil futures settled up 6 cents, or 0.1 percent, to $53.84 a barrel while U.S. West Texas Intermediate crude rose by 59 cents, or 1.2 percent, to $48.07...
leek kor-kor, i hope you are right .... with dow closing 200 + points .. hopefully this will enticed all local supporters to buy up this good company shares. i have queue higher price at 0.345 & 0.35 to sell. hope there is good samaritans out there who are willing to goreng up above 0.35 today for me to escape from this wonderful good company. please take out 0.345 first. if a lot of demand then i will queue higher at 0.36 or 0.37 to sell the remaining.
really bang ... aminvestment rated this wonderful company a HOLD with unchanged fair value of 0.30. It also valued the trading rights issue at 4 sen per share. hopefully this will not deter local supporters from goreng up this good company share prices.
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....
leek
3,617 posts
Posted by leek > 2017-09-09 14:09 | Report Abuse
No need to support the share price... the main shareholders will keep it at high price... just like MBSB and DRBHICOM.... hehe...