Sifu Michael, there is a rights issue offer together with free warrants announced by Scanwolf today. It is a irenounceable rights issue with unsecured loan stock (shortcut - ICULS). Is it a must to buy it? Or better, stay away if I do not wish to buy the rights issue. I have not met such matter before. What is your opinion?
Just buy it.Because u get free warrant.Some-more the stocks at the low price.Experience it.The ICULS shares would not dilute the price.How much u bought in unit???.Both can convert into shares at cheap price. Posted by MissingPuzzles > Jun 24, 2021 12:51 PM | Report Abuse
Sifu Michael, there is a rights issue offer together with free warrants announced by Scanwolf today. It is a irenounceable rights issue with unsecured loan stock (shortcut - ICULS). Is it a must to buy it? Or better, stay away if I do not wish to buy the rights issue. I have not met such matter before. What is your opinion?
ICULS is if it profitable then u convert.If dun want to convert if the mother shares up u can sell at market price.Warrant also.Usually duration 3-5 years(in tht duration anytime u can convert)Dun be trick into real right issues where loss or profit u need to buy the right without conversion.
Posted by MissingPuzzles > Jun 24, 2021 8:16 PM | Report Abuse
Thank you very much for your advice, Sifu Michael! Yes, I have never heard of this type of ICULS before and of course do not know what it is, at all. I thought ICULS will dilute the share price, this is why I am very scared to encounter such occasion. Will the price go down after the company has given out the ICULS to me? Just like in the case of Tawin (from 40 cents down to 15 cents).
Anyway, I will let them announce the price first before deciding on the next step. What is the TP for Scanwolf, Sifu Michael?
Posted by Michael Kwok > Jun 24, 2021 10:08 PM | Report Abuse
Just buy it.Because u get free warrant.Some-more the stocks at the low price.Experience it.The ICULS shares would not dilute the price.How much u bought in unit???.Both can convert into shares at cheap price.
I'm asking investors to put back money into the bank.Not too aggressive in the stock market anymore.For some not profitable company,please throw it if 10-15 percent cut loss by 4 pm on tht day.I'm already putting in the range of rm 5k-10k range compare to rm10k-25k per trading.
If u so good, then u recommend shares.There one day I bought at 11 cents drop to 4 cents.Then it up to 18 cents above.Sometime if unlucky it take few years to up.Normally it take less thn 6 months.
Posted by LimituPrince > Jun 29, 2021 9:36 AM | Report Abuse
Sifuu how is your Orion? Where is your “Ong”? Your entry price 0.075 now drop almost 15% sifuuu. Are you ok sifuuu? Hahahaha
Please go back and sleep.6.5 cents I already throw.Not like I never throw.My losses very small.Not even 5 digit compare with other.U dun see the whole page.Few losses behave like monkey.
Posted by LimituPrince > Jun 30, 2021 4:49 PM | Report Abuse
Hahahaha what a sifuuu. Take few years to up, then I think a monkey can be sifuu too. LOL self-claimed “trusted people”.
Hey you LimituPrince! Do not act like a kid here-lah! Since you are in the share market, you gotta have the patience, man! If you do not this quality at all, you better opt out from the market. No body can tell you when a stock will go up, even if you knock on Sifu Michael's door and complain every day.
From the way you write, I do not know your real age but I do know one thing and that is, you are behaving like a mama's boy and a real pampered one!
PATIENCE IS THE GREATEST JEWEL OF ALL SUCCESSFUL INVESTORS!
If you still cannot learn this important lesson from me, then no comments! End story!
Posted by LimituPrince > Jun 29, 2021 9:36 AM | Report Abuse
Sifuu how is your Orion? Where is your “Ong”? Your entry price 0.075 now drop almost 15% sifuuu. Are you ok sifuuu? Hahahaha
Hi LimituPrince, Everyone should be respected as an individual, but no one idolized.” ... of coz everyone can write in the forum but yet do Respect yourself and others will respect you. Thank you
Posted by LimituPrince > Jun 30, 2021 4:49 PM | Report Abuse
Hahahaha what a sifuuu. Take few years to up, then I think a monkey can be sifuu too. LOL self-claimed “trusted people
Sifu, I would like to asked, should I still hold it or sell ya. Coz keep if for more than 2 months d 1) Dynacia EP 0.15 (20k unit) 2) Widad EP 0.676 (10k unit) 3) mtouch EP 0.92 (10k unit)
Sifu, I would like to asked, should I still hold it or sell ya. Coz keep if for more than 2 months d 1) Dynacia EP 0.15 (20k unit) 2) Widad EP 0.676 (10k unit) 3) mtouch EP 0.92 (10k unit)
Monkey show starred by a self-claimed Sifuuu and his follower. Someone told me be patience in the market. He just forgot that one of the most important rules is to not listen to any “sifuu” bullshxt. Self-claimed trusted people, now self-comforting already sold all and even lie himself I bought a lot of shares of this kind of rubbish company. Oh please.
Monkey show starred by a self-claimed Sifuuu and his follower. Someone told me be patience in the market. He just forgot that one of the most important rules is to not listen to any “sifuu” bullshxt. Self-claimed trusted people, now self-comforting already sold all and even lie himself I bought a lot of shares of this kind of rubbish company. Oh please.
Monkey show starred by a self-claimed Sifuuu and his follower. Someone told me be patience in the market. He just forgot that one of the most important rules is to not listen to any “sifuu” bullshxt. Self-claimed trusted people, now self-comforting already sold all and even lie himself I bought a lot of shares of this kind of rubbish company. Oh please.
LB Aluminium has announced on Tuesday that it would be giving out bonus shares and dividend. The BI would be completed before 3rd quarter of this year. Does it mean that it would be going up any time soon from now till Sep?
Should I hold it till after BI or before BI? What do you think? Is the TP for this stock RM2.00?
Definitely it will come back.Because suppose Mei,June,July should be up but it down.If things go bad to worst only way sell the one with less losses usually. see2sea 2104 posts Posted by see2sea > Jul 8, 2021 3:37 PM | Report Abuse
Hi Michael sifu, looks like the market is very bad with these unstable political issue. Do u think there will be a bull by end of this year?
Really boring and sad to see bursa market..looks like pump and dumb cycle
Posted by MissingPuzzles > Jul 8, 2021 9:33 AM | Report Abuse
LB Aluminium has announced on Tuesday that it would be giving out bonus shares and dividend. The BI would be completed before 3rd quarter of this year. Does it mean that it would be going up any time soon from now till Sep?
Should I hold it till after BI or before BI? What do you think? Is the TP for this stock RM2.00?
Which are u from Klang Valley???Please say yes.Investment not about attack,attack,attack sometime need to defense.Tht y I need to come out to teach.Its so worst for u all.All know attack but forget to defense.Duh.Learn early save hell a lot of money in the future.
Got it and thank you so much for your prompt advice, Sifu Michael! I will sell half when the time comes! I presume all steel stocks still have upward signal later during the year since China has already banned its steel production in its own country this year.
Posted by Michael Kwok > Jul 8, 2021 7:08 PM | Report Abuse
Is this message for me, Sifu Michael? Nope, I still have not sell LB. Will wait till nearing the ex-BI date. Then, only take action, hahaha! In the mean time, yes, I will definitely relax and enjoy the ride! Thanks, Sifu Michael!
Posted by Michael Kwok > Jul 9, 2021 5:36 PM | Report Abuse
Dun sell anymore.Weekly and daily oversold.Just enjoy the run.
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....
Posted by Michael Kwok > 2020-03-06 21:26 | Report Abuse
Coming soon.Too help the one to weather the downturn.