BCM ALLIANCE BERHAD

KLSE (MYR): BCMALL (0187)

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Last Price

0.015

Today's Change

0.00 (0.00%)

Day's Change

0.01 - 0.015

Trading Volume

60,200


4 people like this.

5,986 comment(s). Last comment by whistlebower99 2 weeks ago

dem777

133 posts

Posted by dem777 > 2021-07-26 12:25 | Report Abuse

To entice innocent people to buy the RIs, the mother share will be down immediately after the RI subscription date is over!

alex

1,349 posts

Posted by alex > 2021-07-26 12:26 | Report Abuse

hmm.. if today can closed at 0.145-0.15, then very interesting to see tomorrow's bcmall-OR opening price... subscribe right issue is much more cheaper than buying from market now. Hope OR can open high at 0.05 instead of 0.005..haha

Myjavik

4 posts

Posted by Myjavik > 2021-07-26 12:30 | Report Abuse

anybody know what will be the warrant price and subscription price when it start listing on 16 August?

Posted by Stronkstock > 2021-07-26 16:17 | Report Abuse

I think today can clear .150

Posted by Jetming123 > 2021-07-26 16:22 | Report Abuse

Gogogo a least closed 0.150

Posted by Stronkstock > 2021-07-26 16:28 | Report Abuse

Heng

alex

1,349 posts

Posted by alex > 2021-07-26 16:29 | Report Abuse

Logically, with current mother's price, most of people will not sell their OR. Since subscribe right is cheaper.. Let's see how OR perform tomorrow.

Posted by Stronkstock > 2021-07-26 16:29 | Report Abuse

OR will likely to open @ 0.005

Posted by Stronkstock > 2021-07-26 16:31 | Report Abuse

If you are not going to subscribe for RI, try your luck to see if you can sell them

alex

1,349 posts

Posted by alex > 2021-07-26 16:34 | Report Abuse

why sell OR since the cost of subscribe RI is much cheaper than buying mother from market now. Unless worry mother's price will drop below 0.08 after RI listed next month.. ( if this really happens, meaning that last friday and today's rise are trying to trap ikan bilis )

Posted by Stronkstock > 2021-07-26 16:37 | Report Abuse

Well, it depends on you to sell the OR or not. Study SAUDEE and PASUKGB and you will know why I say to sell the OR

Fklim888

1,613 posts

Posted by Fklim888 > 2021-07-26 16:54 | Report Abuse

Bcmall.... continue heng

Posted by Frankie Tay > 2021-07-26 17:14 | Report Abuse

hakubasnow sifu, can you guess tommorrow or open at what price?

Andy Sew

45 posts

Posted by Andy Sew > 2021-07-26 17:43 | Report Abuse

OR trading in market is only one week . RI is one months after OR trading . Pls take extra care

Andy Sew

45 posts

Posted by Andy Sew > 2021-07-26 17:49 | Report Abuse

If not sell , then u have to RI of become toilet paper

alex

1,349 posts

Posted by alex > 2021-07-26 17:56 | Report Abuse

for saudee's case: their share price increased a lot (0.19 - 0.27) starts from RI ex-date to the end trading of OR . When the OR trading ended, share price dropped dramatically and continues dropping till their RI's price 0.15 even lower to 0.14. When RI and warrants listed, share price increased back again to highest 0.3 till today dropping back to 0.14 again. One thing is even saudee's price push to between 0.19 -0.27 which was much higher than RI subscribe's price 0.15, but saudee-OR maximum trading was only 0.01 then dropped to 0.005 still no many buyers. Meaning that, for saudee case: the sharks only push mother to high price but still left OR at very low price 0.01 -0.005.

Will this pattern happens at bcmall? hmm.. let's wait and see.. time will tell..

Andy Sew

45 posts

Posted by Andy Sew > 2021-07-26 18:07 | Report Abuse

OR for those who want RI only . U not going RI , why buy OR . Unless u want become toilet paper

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-07-26 18:11 | Report Abuse

they want subscribe ma haha

Andy Sew

45 posts

Posted by Andy Sew > 2021-07-26 18:14 | Report Abuse

RI is one month after OR . Think twice oh

alex

1,349 posts

Posted by alex > 2021-07-26 20:09 | Report Abuse

receive RM$845 million order for Covid-19 attenuation devices --- no wonder up up.. good news to push

Posted by Jetming123 > 2021-07-26 20:18 | Report Abuse

Tmr sell on news or fly on news? Let see show Time

Fklim888

1,613 posts

Posted by Fklim888 > 2021-07-26 20:35 | Report Abuse

Gap up directly....

Posted by 2centopinion > 2021-07-26 21:28 | Report Abuse

PRESS RELEASE
BCMAll and rLoop Ltd of HK receive RM$845 million order for Covid-19 attenuation devices
KUALA LUMPUR, 26th July 2021: BCM Alliance Berhad (“BCMAll”, Stock code: 0187) via its whollyowned subsidiary, BC Medicare Sdn Bhd and rLoop Limited (“rLoop”), a Hong Kong corporation have received a letter of offer from Euro-China Technology Achievement Transformation (Tianjin) Co Ltd (“EC Tech”), a company incorporated in the People’s Republic of China to purchase 100,000 units of virus attenuation devices with a total sale of US$200 million (RM845 million).
This virus attenuation or reduction devices use photon mediated electrons and emitters under rLoop’s brand name of “rGuard” (“Products”) in the global market except for India. The Products can disable the coronavirus in enclosed spaces with up to 99.9% efficacy, enabling schools, colleges, homes and businesses like hospitals, hotels, offices, restaurants, auditoriums, transportation, retail and airports to get back to normal and serve the people in
a safe environment.
At US$2,000 per unit, the price will include royalties, installation & debugging, operations & technology information training, data monitoring and maintenance services.
BC Medicare is in the business of designing, developing, manufacturing, testing, configuring, assembling, packaging and shipping electronic assemblies and systems, whereas rLoop has the intellectual property rights and licensing right for designing, manufacturing (including contract manufacturing), developing, distributing, marketing and selling of these Products.
On the same day, rLoop has engaged BCMAll via a Memorandum of Understanding (“MoU”) to manufacture, test, configure, assemble, pack and/or ship the virus attenuation or reduction devices as well as provision of manufacturing services for the Products. A separate OEM manufacturing agreement between rLoop and BCMAll is underway. BCMAll will also be responsible for providing training to EC Tech on the functions and operations of the goods.
The Executive Director of BCMAll, Hoo Swee Guan [侯瑞源] said, “The Covid-19 virus will exist for a long time, and the global economy and society must be reopened after vaccination program worldwide. Eliminating the virus is the top priority. The rGuard can be installed in all in-door areas and it has huge market potential.”
“BCMAll is also authorised to market the Products to global markets, except India. Fortunately, we receive a big order of US$200 million before we even start, and the future sales volume will bring very considerable turnover to our group,” Mr Hoo added.
All the 3 parties would be negotiating towards a definitive agreement to formalise this significant order. The tripartite definitive agreement will contain detailed terms in the following aspects as well as such other terms and conditions that are standard for transactions of this nature and acceptable to the signing parties, such as specifications and packaging, quantity (number of shipments and quantity of each shipment), price terms, delivery schedule, destination, payment terms, quality and inspection (return policy), installation & debugging, training, warranty and maintenance.
About BCMAll BCM Alliance Bhd is a Malaysia-based company that is the investment holding company of BCM Group. The Group's principal business activities include the supply, installation, testing and commissioning of commercial laundry equipment and medical devices.
The Group's major products include vented and on-premise commercial laundry equipment, such as various types of washers, tumble dryers, dry cleaning machines, flatwork ironers, spotting tables, industrial presses machines and chemical dispensing systems; medical imaging equipment, including MRI systems, CT scanners, digital radiography/fluoroscopy systems, X-Ray systems, bone densitometers and CR systems, and disinfection, sterilization and surgical room equipment.
BCM Group's clients are self-service launderettes, on-premise and other laundries, as well as healthcare providers.
BCM Alliance Berhad's subsidiaries include BC Medicare Sdn Bhd, Foodict Maker Sdn Bhd, Best Contact (M) Sdn Bhd, CS Laundry System Sdn Bhd, Maymedic Technology Sdn Bhd and BC Medical Sdn Bhd.

alex

1,349 posts

Posted by alex > 2021-07-27 08:45 | Report Abuse

now, most of people don't want subscribe RI @0.08 (50% discount from mother's opening price), just wanna throw OR @0.005... oh dear.. anyway, i going to subscribe.. unless can sell OR @0.03 above :)

Posted by Jetming123 > 2021-07-27 09:04 | Report Abuse

Woow for those who sell 0.005 OR today morning, already get free gift from bcmall

Posted by Jetming123 > 2021-07-27 09:04 | Report Abuse

Alex less chance you can sell at 0.005

julian1981

900 posts

Posted by julian1981 > 2021-07-27 09:07 | Report Abuse

any dateline we need to sell this OR?

alex

1,349 posts

Posted by alex > 2021-07-27 09:07 | Report Abuse

i can sell @0.005 just now, but is no point to sell it with little "small free gift" unless you holding a lot of OR, else u just paying the brokerage fee.. Subscribe RI @0.08 and get free warrant (potential to goreng).. that's big gift..

hakubasnow

263 posts

Posted by hakubasnow > 2021-07-27 09:09 | Report Abuse

---------------------------------------------
Theoretical Price for OR
---------------------------------------------

LR = Reference Price for rights on Listing Date (RM)
P = Previous day closing price of ordinary share (RM)
Z = Subscription price per rights
EP = Exercise Price of Warrant (RM)
RW = Warrant ratio to Rights

LR = (P - Z) + ((P - EP) × RW)
= (0.155 - 0.08) + ([0.155 - 0.10] x 0.83)
= 0.075 + (0.055 x 0.83)
= 0.075 + 0.04565
= 0.12

The theoretical price for OR is not simply taking opening price minus right issue price

alex

1,349 posts

Posted by alex > 2021-07-27 09:10 | Report Abuse

but looks like traders sell on "good news" today.. maybe they will use the $$ to subscribe RI.. hope before RI listed, mother's price wouldn't drop below 0.08 likes others penny counters.. Besides, laundary, bcmall also doing medical, disinfection and covid test kit business.. i believe it has potential to grow..

ykh92167

26 posts

Posted by ykh92167 > 2021-07-27 09:11 | Report Abuse

Great Info! Tq

ykh92167

26 posts

Posted by ykh92167 > 2021-07-27 09:13 | Report Abuse

Zero buy queue for BCM OR

Posted by Jetming123 > 2021-07-27 09:25 | Report Abuse

@julian1981 6/8/2021 is last Or trading date

Posted by Jetming123 > 2021-07-27 09:27 | Report Abuse

@Alex if you know how to get big gift from subscribes RI then good luck to you.

hakubasnow

263 posts

Posted by hakubasnow > 2021-07-27 09:32 | Report Abuse

Date for cessation of trading of rights = 06/08/21
So 05/08/21 is the last day for the OR

ykh92167

26 posts

Posted by ykh92167 > 2021-07-27 09:44 | Report Abuse

@jetming123 from your experience, got any cases/possibility that no buy queue for OR any eventually the OR become 'toilet paper'? after the OR trading date?

alex

1,349 posts

Posted by alex > 2021-07-27 09:51 | Report Abuse

i am thinking to subscribe more RI with 2 options

option 1:
buy more OR at 0.005, so cost will be 0.08+0.005+stamp duty RM10 (this not sure is compulsory to pay no not). This option can guaranteed will get the RI

option 2: apply excess application without buying any extra OR. But this option not guarantee can get the extra subscription. If the subscription's rate is not good, then chance to get this higher. But i think the company will allot to their "insider vip" first if they really want to subscribe.

alex

1,349 posts

Posted by alex > 2021-07-27 09:56 | Report Abuse

@ykh, yes OR will become toilet paper if you no intend subscribe RI and dont sell the OR after trading date. And your holding of mother also will be diluted.

ykh92167

26 posts

Posted by ykh92167 > 2021-07-27 10:02 | Report Abuse

@alex if i sold the OR already, can i buy back the OR again in order for RI subscription?

alex

1,349 posts

Posted by alex > 2021-07-27 10:12 | Report Abuse

@ykh, yes u can. But if u already sold @0.005 then u wanna buy back @0.01? that's will cause you 100% more than your selling.. think twice.. and you will pay for twice brokerage fee. unless u are using Rakuten contra or any broker didn't charge for brokerage fee (but so far i didn't see any in Msia, if have is good news for intraday traders :)

Beethoven

257 posts

Posted by Beethoven > 2021-07-27 10:15 | Report Abuse

30% PP at RM 0.22/share.

small fly

22 posts

Posted by small fly > 2021-07-27 10:16 | Report Abuse

@alex,what’s the price of warrant on listing and the expiry date ? Where to check the info ?

ykh92167

26 posts

Posted by ykh92167 > 2021-07-27 10:18 | Report Abuse

@alex well said!

Luckybull

399 posts

Posted by Luckybull > 2021-07-27 10:19 | Report Abuse

Force you all to bring more money to subscribe ri. Then eat up most of your money but leave the bones for your keeping. Lien ho counters all like that. Gocean etc......

ykh92167

26 posts

Posted by ykh92167 > 2021-07-27 10:25 | Report Abuse

i just wonder why the OR sell queue lowest price is 0.01 but the successful transaction price 99% was 0.005?

Posted by Jetming123 > 2021-07-27 10:27 | Report Abuse

Because everyone want to buy at 0.005 only

Posted by Jetming123 > 2021-07-27 10:28 | Report Abuse

Pasukgb is my experience, but luckily bcmall got buy queue at 0.005..

Posted by Jetming123 > 2021-07-27 10:29 | Report Abuse

@small fly can check at klsescreener announcements

BestOne

323 posts

Posted by BestOne > 2021-07-27 10:29 | Report Abuse

Way to go BCMALL.. keep going on potential and expanding on new heakty product and services for mass usage.. Hope for great investment.

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