I think this ruling will be uplifted once the OR is listed on 20th Feb and/or when they consolidate the mother share with OR together with the warrant listing.
After 20th everything should will be back to normal for Icon just like other counters.
Then the real trading with starts and resume again..
Currently it's pretty boring counter. Only sellers and not much buyers.
Until then better spend more of your precious time in other counter. Today I have been busy with other more productive counters. Lots of Grand Sales everywhere..
Icon blog Posted by Michael Kwok > Jan 26, 2020 11:17 AM | Report Abuse
80 over cent based on 2.3 billion shares.Excessive overvaluation.Bursa now then take action.After shares consolidation it's should be rm 1.75.But right issues made its rm 1.75/100(not include warrant)= 17.5 cent.Include warrant should less.So below 30 cents valuation by me(best case scenario).
London Biscuit blog. Michael Kwok 1241 posts Posted by Michael Kwok > Jan 1, 2020 11:16 PM | Report Abuse
Dun buy yet.Weekly chart and daily chart overbought.I would be surprise of Its retest Its record low.
More than 54 millions OR shares are being traded as per writing. It seems that there's lots of Investors are buying ICON OR Shares at a bargain price. Today there no Limit Down.
It's the most active counter in BURSA this morning.
For those who do not want to subscribe to ICON Right Issues, this is an excellent opportunity for you to sell your OR Shares.
ku pernah ikuti overseas TP untuk stocks kita, ku dapati mereka tak tau beza ringgit dan sen, mereka sebut ringgit tapi sebenarnya sen, lebih baik guna local IBs punya TP, sonang cerita
@Miz Raya Bloom ku pernah ikuti overseas TP untuk stocks kita, ku dapati mereka tak tau beza ringgit dan sen, mereka sebut ringgit tapi sebenarnya sen, lebih baik guna local IBs punya TP, sonang cerita 30/01/2020 9:23 AM
lol Mabel telling Charles T how wall street operates. In 1 year if the bankers dont perform, they could be out of a job. 3 years hold is just for clients so that they don't take money back so fast.
if the boss is not kind enough to buy yr OR n u have no money to go for the rights then yr loss will be as follows (assuming u bought 50K at 0.035 b4 ex)
reloy Mabel just admit you told everyone is a good buy. You were so positive, put a lot of people into shit situation. Imagine profit where there is none. 30/01/2020 9:48 AM
a stupid idiot n a syndicate is the same...bringing all the waterfish into Holland
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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 jaynetan > 2020-01-29 16:23 | Report Abuse
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