Posted by Peace99 > 2020-08-06 14:25 | Report Abuse

Hey, i decide now to buy mini bus at 200 and convert to big bus asap.
Hope right decision. The reasoning is simple minded one: cost 200+2350=2550.
Price now 2950, and 400 seems a good buffer margin.....

Posted by Peace99 > 2020-08-06 14:37 | Report Abuse

Now 5mil share at 295, value only 1.5mil, will be cleared and reach 300. This 300 block is 2.7mil RM, can be cleared also, today i guess.

Posted by clearfi > 2020-08-06 15:06 | Report Abuse

peace, how long it take for the conversion?

Posted by Cinqueterre > 2020-08-06 15:06 | Report Abuse

queuing at 0.3 but too huge block

Posted by miniyaoming > 2020-08-06 15:30 | Report Abuse

0.35 coming soon ...

Posted by Insider1978 > 2020-08-06 15:33 | Report Abuse

good move peace, don't be greedy, sapu and covert.

Posted by smartly > 2020-08-06 16:59 | Report Abuse

ptrans-wa in the money now.....

Posted by vvliang > 2020-08-06 17:04 | Report Abuse

Trader so creative, volume traded ngam ngam and chun chun 46mil units!

Posted by mondrian > 2020-08-06 17:12 | Report Abuse

Looking forward for next week. Lets see where the bus is heading to. Have a great weekend bros.

Posted by mondrian > 2020-08-06 17:24 | Report Abuse

Eh belum weekend. lol

Posted by HappY InVest (=^x^=) > 2020-08-06 17:26 | Report Abuse

tml ade lagi wayang, AGM bila ya?

Posted by HappY InVest (=^x^=) > 2020-08-06 17:27 | Report Abuse

tksw, steady dan jgn panik. Ade buaya tengah main tu

Posted by cheeseburger > 2020-08-06 19:39 | Report Abuse

next QR annoucement : 22 Aug
dividend ex-date : 28 Aug

Posted by Peace99 > 2020-08-06 23:13 | Report Abuse

tksw, insider, and all, Tks tksw sifu for top advice on conversion of warrant. Called my Public bank broker, said 2-4weeks, and said will call me back but no call....she may be overloaded with
work as the volume at Bursa is crazy as you know...

Warrant conversion means more profit if the price stay high.
Just to be very detailed: Say price stay at 30sen, and bought warrant at 2sen, then profit is 30-(2+23.5)=4.5sen/share, 18% profit. If you sell the warrant at 2.5 sen, you get profit 0.5sen/warrant, 20% profit. But we invest more if we convert, so the absolute profit is more.


In the remarks in the Bursa Announcement dated 27 July of Ptrans Special Dividend:
Remarks :
Holders of Warrant [PTRANS -WA (Stock Code: 0186WA)] are advised to lodge with the Company's Registrar, Tricor Investor & Issuing House Services Sdn Bhd of Unit 32-01, Level 32, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi, 59200 Kuala Lumpur, Wilayah Persekutuan their subscription forms and subscription monies for subscription of new PTRANS shares by 5.00 pm on 18 August 2020. This is to enable the new PTRANS shares arising from such exercise to be allotted to the respective holders in order to qualify for the dividend entitlement.

Posted by Peace99 > 2020-08-06 23:21 | Report Abuse

So it seems can do the conversion without going through the broker?
JUst need to fill the form and pay? This is the first time I convert daughter to mother, haha.

Besides chance of getting more profit, the conversion also contribute to Perak Transit's capital, and
so helping it to expand, and in turn good for us share holders! So conversion is likely a win-win situation!!

Posted by zen_2k > 2020-08-07 00:40 | Report Abuse

Do share on how to convert from daughter to mother share. Have been trying to know better but not many people write abt it.

Posted by Hew Kiong Peng George > 2020-08-07 06:43 | Report Abuse

i rather mini bus can up to3sen then sell off..retun 50% as my cost is 2sen.haha

Posted by lwlgood > 2020-08-07 07:09 | Report Abuse

Tksw sifu n all sifu
Ptrans boss DS Cheong engine ignites according to announcement yesterday .

Posted by lwlgood > 2020-08-07 07:11 | Report Abuse

Just fill up the covert form only bro

Posted by lwlgood > 2020-08-07 07:14 | Report Abuse

Peace99. Co get rm 120m cash if all son converted

Posted by Peace99 > 2020-08-07 07:30 | Report Abuse

lwlgood, thanks, i have many questions about conversion procedure...eg. is it possible to do conversion online? Can give the link to the form? or post a copy of the form here? How to pay the subscription monies....can do bank transfer or must be check?

Co gets 120mil should be a good thing as we can see Ptrans is using the money wisely for expansion....our pocket will also expand as money come in, haha

Posted by sianglong91 > 2020-08-07 07:37 | Report Abuse

Does nominee account able to convert the son?
Thanks to sifu who can answer this [pray]

Posted by Peace99 > 2020-08-07 07:39 | Report Abuse

Hew George, yes 50%, but absolute amount is less. eg. 1000warrants, so sell at 3 sen with 2 sen cost, profit=1sen*1000=rm 10. If convert: Say mother is 30 sen, profit=(30-(2+23.5))*1000=(30-25.5)*1000=4.5*1000=4500sen=rm 45. So, you get rm35 more and co gets rm 235 from you as capital. So win-win situation leh!

Posted by Peace99 > 2020-08-07 07:40 | Report Abuse

Actually for mini bus to reach 3 sen, mother may be more than 30 sen, so your profit>rm45.

Posted by lwlgood > 2020-08-07 08:20 | Report Abuse

Hew sifu.
If convert before dividend ex. Its help to offsets water money

Posted by cheeseburger > 2020-08-07 09:18 | Report Abuse

bus hit station 300 today, going strength to strength, keep moving up towards 330

Posted by cheeseburger > 2020-08-07 10:12 | Report Abuse

300 price ticket still too cheap, lot of queue grabbing.

Posted by cheeseburger > 2020-08-07 10:24 | Report Abuse

is not come and go, the queue already built up.

Posted by lwlgood > 2020-08-07 10:47 | Report Abuse

mother move too far. Ppl tackle your daughter lo

Posted by lwlgood > 2020-08-07 10:48 | Report Abuse

converted 5 biji test water

Posted by lwlgood > 2020-08-07 10:50 | Report Abuse

tksw sifu. I just following DS Cheong

Posted by lwlgood > 2020-08-07 11:23 | Report Abuse

Bus gostan

Posted by lwlgood > 2020-08-07 11:25 | Report Abuse

Index red

Posted by Peace99 > 2020-08-07 11:59 | Report Abuse

Already asked broker to convert 500 lots of mini to big!
But still have some mini with another broker who don't provide conversion service....so must do by myself or else transfer to public bank and ask them to do the conversion :(

Posted by lwlgood > 2020-08-07 12:17 | Report Abuse

Gostan again?

Posted by mondrian > 2020-08-07 12:28 | Report Abuse

Go go bus. Slowly but surely.

Posted by cheeseburger > 2020-08-07 15:04 | Report Abuse

just wait for the wind.

Posted by Peace99 > 2020-08-07 15:07 | Report Abuse

cost to convert 1 warrant in my case needs 2+23.5=25.5sen, so 50k warrants need 50k*0.255=rm 12,750, and I hope the price when I get the mother will be 30sen or more, so I can sell for rm 15k, with a profit of more than rm 2,250, 17%. Tksw and sifu-sifu, please don't let the bus gostan balik, tolong sama wa, ok?

Posted by cwhale333 > 2020-08-07 15:31 | Report Abuse

Why is the price going up? Good QR incoming?

Posted by cheeseburger > 2020-08-07 16:33 | Report Abuse

agree...there are more buyer than seller , the buying interest is so strong.

reminder warrant not entitle getting dividend

Posted by HappY InVest (=^x^=) > 2020-08-07 16:42 | Report Abuse

taniah kepada semua yang dianggap "bodoh" beli bila ptrans bawah 20c dulu, sekarang ni korang bz kira keuntungan, syabas

Posted by lMMMl > 2020-08-07 16:48 | Report Abuse

the warrant conversion price is now 0.265 sen. fair value to me for a monopoly company like this

Posted by cheeseburger > 2020-08-07 17:00 | Report Abuse

today the bus overshoot a bit, should only move 0.5 everday, slow down dont move too fast..

Posted by vvliang > 2020-08-07 17:19 | Report Abuse

Terminal Kampar CCC finally obtain!!!!

Posted by cheeseburger > 2020-08-07 18:39 | Report Abuse

;) said wait for the wind

Posted by cheeseburger > 2020-08-07 21:30 | Report Abuse

https://www.theedgemarkets.com/article/perak-transits-terminal-kampar-putra-granted-ccc-group-declare-dividends-quarterly-basis

Posted by Hew Kiong Peng George > 2020-08-07 21:53 | Report Abuse

Company promise will declare dividend on quarterly basic, Monday gap up lo, big fund will fancy it.

Posted by Hew Kiong Peng George > 2020-08-07 21:55 | Report Abuse

Mini bus, ur turn to show lo, ur mother ald run far away from u

Posted by sianglong91 > 2020-08-07 22:16 | Report Abuse

Omg Omg Omg!!! I've waited this moment for ptrans finnaly act like a reit~ danggg the quarterly dividend policy~I'm so hyped

Posted by HappY InVest (=^x^=) > 2020-08-08 15:36 | Report Abuse

mana ada 25 sen dividend.