whistlebower99 If you agree with my scenario, then get fresh fund to apply RI and then sell your original shares between closing date and listing date. --------------------------
A good suggestion. Thank you.
I probably will follow your suggestion to use fresh fund to subscribe some RI shares, if only, at least the price of the shares at more than 6 sen on 14th and 15th of September 2021.
On the last two days of transaction, we can't sell the currently held shares in order to use it as a fund to subscribe the RI shares.
whistlebower99 You should follow mr kuah to subscribe the RI. You lose confidence in him ? You think he is foolish to pay 6sen for RI and sung master purchase ? ------------------ The confidence matter which is in discussion is just related to the situation involving my investment in the RI. The calculation about the risks and opportunities based on maths and economics theories are always to be considered.
By the way. If you suggested that my confidence on Mr Kuah is losing, It's NOT TRUE.
If it's true, I won't keep my currently held shares, even before the completion of the RI exercise. Instead, I will hold it even if I'm not subscribing for the new right share issue.
Why you think there are people willing to sell at 5.5 when the RI is 6sen ? --------------- I think, some of them probably among the shareholders who are keep trading from the lowest price @4.5 sen.
I by myself did two small trading transactions which involved 5 sen and 5.5 sen entry price. He He
Since wistlebower quoted AEM, so just want to report that today it's 4.5sen and quite big volume, plus long queue for warrant at 1.5 Sen. You can figure out the profit margin
When I concluded on the information or comments given by whistlebower99, some are true, but many are ill intention information, misleading because only try to point on negativity only.
Therefore, the main point should be asked to wistlebower99...
Does he own any shares at any counter he posted his information?
Be noted that he never give answer for this question. But:
1. If his answer is YES, he is a F. O. O. L, because he is trying to burn his own f. o. o. l head.
2. If his answer is NO, he probably has BAD INTENTION on the company and its shareholders
Our sixth sense is back! It makes a lot of sense for Quah to repeat all the key points together, so ppl who missed, who did not or refused to understand/believe, have another chance to join the Kangerian (stealing Bilis idea, hehe) family!
@peace99 Like your sporting spirit. If every investor like you , buy masks, Ankara highland condo. Renovate condo with bamboo and renovation material from sung master kanger price will shoot up to 30cts. Ohya
Con counter!! Just sell your existing shares and be thankful. After the RI exercise is over, there’ll be share consolidation. Check all the other CON counters modus operandi is the same. Look back Sanichi & VC & VSolar etc.
@Patience99, Thank you. Ya, as you pointed out, Kanger's businesses are closely linked with healthy and sustainable living which makes a lot of sense to me so I like to play a small part to support it.... furthermore I'm a shareholder:)
Agree but more than that Kanger's potential is in my opinion more than 6sen. I keep saying don't sell cheap cheap.....those who sold cheap might have regretted, but might be they were forced to due to unavoidable circumstances:(
WOW. KEEP ACTIVE IN FAILING THE KANGER RI EXERCISE.. HE HE
When I concluded on the information or comments given by whistlebower99, some are true, but many are ill intention information, misleading because only try to point on negativity only.
Therefore, the main point should be asked to wistlebower99...
Does he own any shares at any counter he posted his information?
Be noted that he never give answer for this question. But:
1. If his answer is YES, he is a F. O. O. L, because he is trying to burn his own f. o. o. l head.
2. If his answer is NO, he probably has BAD INTENTION on the company and its shareholders
@wistlebower99. Look at my 8.9 posting. He He ------- MZM2511 Why you think there are people willing to sell at 5.5 when the RI is 6sen ? --------------- I think, some of them probably among the shareholders who are keep trading from the lowest price @4.5 sen.
I by myself did two small trading transactions which involved 5 sen and 5.5 sen entry price. He He 08/09/2021 12:43 PM
RENOUNCEABLE RIGHTS ISSUE OF UP TO 362,938,287 NEW ORDINARY SHARES IN GIIB HOLDINGS BERHAD (FORMERLY KNOWN AS GOODWAY INTEGRATED INDUSTRIES BERHAD) ("GIIB") ("GIIB SHARE(S)") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING GIIB SHARE HELD, TOGETHER WITH UP TO 362,938,287 FREE DETACHABLE WARRANTS IN GIIB ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR AS AT 5.00 P.M. ON THURSDAY, 5 AUGUST 2021 AT AN ISSUE PRICE OF RM0.22 PER RIGHTS SHARE ("RIGHTS ISSUE WITH WARRANTS")
Acceptances 177,911,566 49.02
Excess applications 50,443,948 13.90
Total acceptances and excess applications 228,355,514 62.92
Check the price before and after listing.
Is it Retailers are getting smarter not to accept fund raising ?
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....
MZM2511
4,549 posts
Posted by MZM2511 > 2021-09-08 12:21 | Report Abuse
whistlebower99 If you agree with my scenario, then get fresh fund to apply RI and then sell your original shares between closing date and listing date.
--------------------------
A good suggestion. Thank you.
I probably will follow your suggestion to use fresh fund to subscribe some RI shares, if only, at least the price of the shares at more than 6 sen on 14th and 15th of September 2021.
On the last two days of transaction, we can't sell the currently held shares in order to use it as a fund to subscribe the RI shares.