IRE-TEX CORPORATION BERHAD-ICULS 14/19

KLSE (MYR): IRETEX-LA (7183LA)

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Last Price

0.01

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


1 person likes this.

389 comment(s). Last comment by RedBean2015 2016-02-29 17:19

Feimaw

1,161 posts

Posted by Feimaw > 2014-07-11 11:51 | Report Abuse

I really cannot understand everyday since last week exactly same trend ended down 1 cents a day, people still believe this will rebound. Maybe their wayang kulit before this gave investors good memory of it will rebound. Ha ha ha

rlch

4,142 posts

Posted by rlch > 2014-07-11 12:15 | Report Abuse

Five (5)-year, 1%, irredeemable convertible unsecured loan stocks (“ICULS”) issued pursuant to the Rights Issue of ICULS with Warrants (as defined below)
Can someone explain how much dividend can one get?

FX Lee

5,194 posts

Posted by FX Lee > 2014-07-11 12:15 | Report Abuse

16 cent dropped to 6 cent !!!!!!!!!!

Feimaw

1,161 posts

Posted by Feimaw > 2014-07-11 12:29 | Report Abuse

It will go lower, believe me

FX Lee

5,194 posts

Posted by FX Lee > 2014-07-11 12:31 | Report Abuse

Feimaw, any idea?

FX Lee

5,194 posts

Posted by FX Lee > 2014-07-11 12:32 | Report Abuse

i think 6 cent is the bottom instead

Posted by SungaiPetani > 2014-07-11 12:34 | Report Abuse

May be the mother share will hit rock botton around 55sen

Posted by safethanregret > 2014-07-11 12:57 | Report Abuse

Exercise price is 0.60. Do you think it is worthy to pay plus LA price when mother share can be bought now at only 0.585 in open market? What has happened now is perceived LA price in artificial condition determined by supply and demand. It may be hard decision but with people determine to push it down may then be good decision to pull out to go in later. It's just my safer thought.

tpchuayap

855 posts

Posted by tpchuayap > 2014-07-11 13:31 | Report Abuse

How low is low for the LA....wonder.....

seabird

129 posts

Posted by seabird > 2014-07-11 14:08 | Report Abuse

buy little2 to hold and c how...

AyamJahat

103 posts

Posted by AyamJahat > 2014-07-11 14:21 | Report Abuse

Don't trust Fei Mew this time. feimew = harvard57 @ VIS @ 21 sen/SOLUTN@14sen

If Few Mew throws his these statements @ 13~15 sen, I will salute him. oO

Cweed

2,262 posts

Posted by Cweed > 2014-07-11 14:25 | Report Abuse

I wrote this at Iretex thread at 11/07/2014 12:40

Cweed
I asked my Remisier, he says no bad news woh.... Maybe retail buyers panic, ppl throw they oso throw! May I suggest those who are holding LA to stay calm. Dun sell. See what happen in the afternoon.

Flybird

511 posts

Posted by Flybird > 2014-07-11 14:31 | Report Abuse

For me, golden apportunity to enter at 0.065 , will add more if drop to 0.06....0.055 I want to see what happen in this counter.. Be realistic ! 1 % dividend p.a is not bad at this price too.

Flybird

511 posts

Posted by Flybird > 2014-07-11 14:35 | Report Abuse

Safe, please do home work before posting .. Your calculation is wrong

oldfox

25 posts

Posted by oldfox > 2014-07-11 15:01 | Report Abuse

Cweed, i still holding my gem, n prepare buy more gem in .06 and .55, i waiting for hole day already.
Flybird coz of u , i cant buy 0.06 gem.

Flybird

511 posts

Posted by Flybird > 2014-07-11 15:17 | Report Abuse

Nvm, will get on next Monday, now busy searching $ and transfer to here ... Buy before I eat all...hi...hi

oldfox

25 posts

Posted by oldfox > 2014-07-11 15:19 | Report Abuse

haha, flybird searching & trasfer, same same with me.

Feimaw

1,161 posts

Posted by Feimaw > 2014-07-11 15:25 | Report Abuse

More promoters coming in ya

AyamJahat

103 posts

Posted by AyamJahat > 2014-07-11 15:39 | Report Abuse

Buy HE×ZA

Posted by ChinKeng Lee > 2014-07-11 15:55 | Report Abuse

1M share change hand at 6.5cents . what is happening ?

AyamJahat

103 posts

Posted by AyamJahat > 2014-07-11 16:00 | Report Abuse

Because wahaha126 CSL force sell

Feimaw

1,161 posts

Posted by Feimaw > 2014-07-11 16:53 | Report Abuse

Next week drop below 5 cents

AyamJahat

103 posts

Posted by AyamJahat > 2014-07-11 17:07 | Report Abuse

That's good.

MAMEE

8 posts

Posted by MAMEE > 2014-07-11 17:29 | Report Abuse

Yes, you are correct.

MAMEE

8 posts

Posted by MAMEE > 2014-07-11 17:38 | Report Abuse

Hi, to you, YES YOU, IF YOU DARE YOU PUSH DOWN TO 1 SEN

Cweed

2,262 posts

Posted by Cweed > 2014-07-11 17:44 | Report Abuse

1 sen, I sapu ka liao! Kikikik... Dun panick lah ppl. The sky has not dropped. Why simply throw good $ away? Ppl throw, u throw - dunno why oso! Funny la!

Hold. Dun punt during such market climate. Today Karex lost 18 sen due to panic selling. ( no reason oso. Factory ok, product ok. Haizzzz ! Sad!) The other day, similar hysteria hits Century. :(

Flybird

511 posts

Posted by Flybird > 2014-07-11 18:10 | Report Abuse

price @0.06 .i sapu all..

Ayam2

91 posts

Posted by Ayam2 > 2014-07-11 18:21 | Report Abuse

ey Por Yee, why you didn't dump @ 15 sen but @ 9 sen?

Feimaw

1,161 posts

Posted by Feimaw > 2014-07-11 18:24 | Report Abuse

Mana Ada satu share yang every day drop without any reason punya? They pump up high enough and let go the air slowly and slowly so those got caught punya investors average down and average down some more. Multiply by the huge volume, cukup banyak Sudah they sucked investors duit raya.

Ayam2

91 posts

Posted by Ayam2 > 2014-07-11 18:33 | Report Abuse

Cost investments of 22,000,000 = 7.5 sen
selling @ 9.4 sen
profit 1.9 sen × 22,000,000

untung RM 400,000 ?? + warrants untung another RM 1,000,000 ?

Ayam2

91 posts

Posted by Ayam2 > 2014-07-11 18:33 | Report Abuse

ask him

Vase

13 posts

Posted by Vase > 2014-07-11 19:54 | Report Abuse

Let's go to University of Manitoba and learn how to make $

Posted by HuatArrr123 > 2014-07-11 21:39 | Report Abuse

buy LA ...LOW & HOLD.... beat the game of con-men in iretex!!!

OnlyRM

42 posts

Posted by OnlyRM > 2014-07-12 09:16 | Report Abuse

I'm sure LA will rebound next week, this is good opportunity while lower price !!!!!!

rlch

4,142 posts

Posted by rlch > 2014-07-12 09:22 | Report Abuse

Yes time to buy. This is cheapest stock which pay dividend.

kwl8888

613 posts

Posted by kwl8888 > 2014-07-12 09:40 | Report Abuse

I bought 30,000 units at RM0.09, no worry as on the maturity date will convert to mother shares 3,750 units at RM 0.72 per share.

Feimaw

1,161 posts

Posted by Feimaw > 2014-07-12 10:13 | Report Abuse

What is the point of pushing LA back up when they already gotten the cash from small investors? Give chance to all small investors to lari lah? Ultimately they want you to have no choice but tukar to mother share at your expense lor

rlch

4,142 posts

Posted by rlch > 2014-07-12 10:14 | Report Abuse

kwl8888, nice to meet you. So we can convert LA to mother share(8 to 1 is it)on our own by calling their registrar even using nominee account like myself? Need to pay anything? Who to submit registration form(share registrar, can e-mail?).

kwl8888

613 posts

Posted by kwl8888 > 2014-07-12 10:38 | Report Abuse

rich, you can contact the share registrar, AGRITEUM SHARE REGISTRATION SERVICES SDN BHD 04 - 228 2321 or email : agriteumshareg@gmail.com
There are 2 option (i) 8 LA convert to 1 ordinary share or (ii) pay RM 0.525 + 1 LA convert to 1 ordinary share.
I opt for option (i) as don't want add more capital.
If LA price up and I have gain profit, then I will sell.

kwl8888

613 posts

Posted by kwl8888 > 2014-07-12 10:40 | Report Abuse

Feimaw, I agree with you.
They might don't want pull up LA price to force LA holder convert by pay extra RM 0.525 per share so they could pool more fund.
But if mother share price up, no doubt LA and WA prices will up too.

Ayam3

110 posts

Posted by Ayam3 > 2014-07-12 11:02 | Report Abuse

Yes, feimew(=zeimao贼猫) ,hopefully the LA will down a bit more, so that you and me can collect more.

令人纳闷的是----- 为什么WA没跌。

Ah Yee is no longer handsome now. Tat photo was taken 9 years ago.. no we call him pak cik, no longer uncle. His birthday is Feb-2

Feimaw

1,161 posts

Posted by Feimaw > 2014-07-12 11:14 | Report Abuse

LA is where those sangkut due to price down will have to fork put 52.5 cents + 1 LA to convert to mother share. Huge effective Trap

rlch

4,142 posts

Posted by rlch > 2014-07-12 11:19 | Report Abuse

kwl8888, thanks for your information.

kwl8888

613 posts

Posted by kwl8888 > 2014-07-12 11:21 | Report Abuse

rich, you are welcome.
the processing fees are RM20 for each convertion.
may i know what price you are buy in? how many lot?

Vase

13 posts

Posted by Vase > 2014-07-12 13:25 | Report Abuse

Feimaw = Ah Yee

Feimaw

1,161 posts

Posted by Feimaw > 2014-07-12 13:41 | Report Abuse

Ah Yee?

Feimaw

1,161 posts

Posted by Feimaw > 2014-07-12 13:41 | Report Abuse

No, I kucing miaw miaw

Ayam5

52 posts

Posted by Ayam5 > 2014-07-12 15:57 | Report Abuse

Feimaw = Ah Yee's gf

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