Haha the 3 conmen Ngs start a business just to con investors especially this master mind Eddie Ng. Now still behind the scene doing all sort of fake pushing and dumping.
hardly see any of its terminal at retail shops in shopping centre. Or it only sells to local bank which rebrand these terminal? Either way, not much visibility can be seen.
In life don't cheat and con people. Money you cheat now may not even last forever. Just like the 3 conmen Ngs they can cheat and con but eventually they will also get cheat and con by others. Hahaha
@AmySee, it got award summore, best new company or something like that. But all goes down the drain. I wonder how the staff working there feels. Or maybe 70 to 80 per sen sudah cabut dy....
Company how good also no use if got all this parasite conmen like the 3 Ngs. From listing in to Klci their intention is to con from the beginning. Karma will one day hit hard of them especially Eddie Ng. Haha
A warrant is exercised once the holder tells the issuer they intend to purchase the underlying shares. When a warrant is exercised, the company issues new shares , so the overall number of outstanding shares will increase....
Can’t seems to figure out why would anyone want to exercise the warrant when the exercise price is RM0.75 which is almost double the mother share. Anyone here can share the rationale for the warrant conversion at such high price? What is the benefit?
There are several possible rationales for exercising warrants at an exercised price that is higher than the mother share price:
1. Potential for Higher Returns: If the exercised price is higher than the share price, it means the investor will purchase the shares at a discount, providing the potential for higher returns when the shares appreciate in value.
2. Capitalization of Gains: Exercising warrants also allows investors to capitalize on the gains they have already made, either through trading the warrants or by holding them for a period of time.
3. Lock-in gains: Some investors may exercise warrants to lock in gains, to avoid losing their profits before the warrant expires.
4. Speculation: Investors may also exercise warrants for speculative reasons, expecting the share price to rise even higher in the future and for the exercised price to be still cheap.
5. Increasing ownership: Exercise of warrants is a way to increase ownership stake in a company.
6. Boost the value of the mother shares: Exercise of warrants can increase the demand for the underlying company shares leading to a boost in the share price.
7. No loss in intrinsic value: If the market price of the underlying shares exceeds the strike price, the investor can exercise, trading the shares and the warrant or immediately selling the shares, at an increased price.
Therefore, investors exercise warrants at a higher price so that they may capitalize on potential gains, lock in profits, increase their ownership stake, and increase demand for the mother shares.
thanks to Joyvest for the explanation .... price holding well at 0.37 range..... many hoping for an uptrend after this exercise... lets c what will happen next week after market re-open..... happy labour day guys and enjoy your holidays...
It is pretty much a game over piece of game. Bwk still behind it as well, cos he still have share in other subsidiary. It's just a plain goreng counter. You got see anywhere that their terminal being in use???
since coming few QR will be in red as well, boardroom tussle, many at here agreed that price will go back to 20c++, therefore, i will temporary quit this counter first and concentrate on Beta which is more promising at this moment...... good luck guys and hope u all make your money here....
Dun understand... Why still have people convert the warrant at higher price ?? Why dun direct buy from open market which is much lower than conversion price ... Why they do like this ???
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....
Tripaka
2,960 posts
Posted by Tripaka > 2023-04-25 23:07 | Report Abuse
Lots of counters trapping players. Push up then bang down. Beware...