Private placement not necessary must be placed to fund managers, it can be private individuals / friends of the company.. in fact most of the time it's placed to individual 'friendly parties'.
I supposed these so called ' frens/individuals' got to b screened & approved by SC rite? Or these r those rich VVIPs tat hav special conections to those directors?
Hi Pavillion, if tat d case; wud it meant tat its share's prc wud b 'manupulated' at suppressed level for sometimes & will not performing by its actual values?
Hard to say,...it could be natural process..i.e. people will take profit. So I don't expect it will run very far from exercise price....all part of shares dilution process....need time to consolidate first.....in meantime people will focus on trading warrant....imho.
These past few days d mother kept dropping till today arnd or rm 1.50, so for those who bot many of d OR frm d mkt at rm1.65 till rm2.00 will b crying loud as dey will incur huge losses once d rights exercise been completed rite? It is psyco test whether v shall continue to subscribe d OR by this closing on Mac the 8th......
High volatility at the moment ,be patient price below rm 1.45 is possible this month when Fed hikes up interest rate and Trump imposes more tariffs to start trade war.
AlfI3 For curiousity and is d crucial timing to seek u guys opinions, as d mother share prc is so dramatic w/in these 2 weeks, it moved up 30 cents n received overwhelmed optimistic complementaries from d board. But juz w/in 3 days back, it jittered 25 cents to as low as 1.30(belo d private placemn 1.53 level); many claimed it wud b worthless to subscribe its rights; afraid this wud b a trap. As today is d closing date of rghts application, meaning most of u all yet to post d rights form but instead will apply by hand very last minit????
Rights or bonus or not, those who subscribe with get additional share. .they will throw once they received it...just like econpile. As said before. The OR and bonus is not a gooe deal. Got to pay extra for OR and mother jetting down.
Yes , you can always say rights issue is not a good deal but this rights offer with bonus didn't over dilute the shares . As every 10 shares you only can get 1 free rights. And every 1 free rights , your bonus is only 0.5 plus warrant. You should have go and see all those company that offer rights at every 1 shares free 1 rights ,or every 2 shares free 3 rights. The dilution is a lot more for this kind of company as new shares issues is a lot more . Consider good as they only offer at the ratio of 1 : 10
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....
klkk
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Posted by klkk > 2018-03-01 21:46 | Report Abuse
Private placement not necessary must be placed to fund managers, it can be private individuals / friends of the company.. in fact most of the time it's placed to individual 'friendly parties'.