seem like all ppl knew him well. bigger operator in Malaysia now. more aggressive than earlier 80's repco. was told he cover all authority. Power, respect
On behalf of the Board of Directors of TLB, TA Securities Holdings Berhad wishes to announce that the Company proposes to undertake the following:
(i) proposed share split involving a subdivision of every one (1) ordinary share of RM0.50 each in TLB (“TLB Share” or “Share”) into two (2) new ordinary shares of RM0.25 each in TLB (“Subdivided Shares”) held at an entitlement date to be determined later (“Proposed Share Split”);
(ii) proposed issue of up to 1,104,732,454 free warrants in TLB (“Warrants”) on the basis of one (1) Warrant for every two (2) Subdivided Shares held after the Proposed Share Split (“Proposed Free Warrants Issue”); and
(iii) proposed amendments to the Memorandum and Articles of Association of the Company to facilitate the Proposed Share Split (“Proposed Amendments”).
Please refer to the attachment for further details of the Proposals.
seem like for the last 2 months those have insider info already bought the shares.. can see from the last 2 months the price below 1.50 to now almost 1.80.. already up 20%.. the proposal most likely after the div which is ex in Dec.. so still have time to accumulate if price drop..
oh sorry, i guess every one also can read what he want, as every time also doing same thing, corner it, split and free warrants, then distribute to all retails like us.
not that i know him, i do not know him personally, but was told he is big operator in town, as few remisiers from kenanga told me his story. so based on my analysis, his modus operandi, remain same, trap retails after corner stock and do exercise to make stock look cheap , then distribute.
Posted by BetterTomorrow > Nov 14, 2016 09:01 AM | Report Abuse
oh sorry, i guess every one also can read what he want, as every time also doing same thing, corner it, split and free warrants, then distribute to all retails like us.
Sounds like K, looks like K, acts like K but not K???
CREC everyone also can get. not big deal. but if one look at history, this famous operator, CBL will really corner it and push before share split like Layhong.
was told in market layhong owner is relative to titijaya owner, so wont be surprise using same operator to goreng stock and using same method? almost same anyway
BetterTomorrow CREC everyone also can get. not big deal. but if one look at history, this famous operator, CBL will really corner it and push before share split like Layhong.
so another round of pushing before distribution lo...
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....
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Posted by Alwin Wong > 2016-11-10 15:49 | Report Abuse
dont think it will rreach 178, 179 180 is a good deal.