MALAYSIAN BULK CARRIERS BERHAD - RESTRIC

KLSE (MYR): MAYBULK-OS (5077OS)

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Last Price

0.005

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0

Financial

T4Q

31-Mar-2021

2020

31-Mar-2021

2019

31-Mar-2021

2018

31-Mar-2021

2017

31-Mar-2021

Revenue

238

1000

110

900

600

Revenue

238

1000

110

900

600

Revenue

238

1000

110

900

600

Revenue

238

1000

110

900

600

Revenue

238

1000

110

900

600

Revenue

238

1000

110

900

600

Revenue

238

1000

110

900

600

Revenue

238

1000

110

900

600

Revenue

238

1000

110

900

600

Revenue

238

1000

110

900

600

Revenue

238

1000

110

900

600

Revenue

238

1000

110

900

600

Revenue

238

1000

110

900

600

Revenue

238

1000

110

900

600

Revenue

238

1000

110

900

600

Discussions
Be the first to like this. Showing 1 of 1 comments

Legit

doesn't make sense for this to trade at 0.5 sen or even 1 sen. The OS gives the owner the right to buy Pacific Offshore Services (listed in Singapore, last price = SGD0.28) at MYR0.65 or SGD0.2145 at prevailing MYR/SGD rates. So if we buy OS for 1 sen and pay another 65 sen (total cost of 66 sen or SGD0.218) we can sell at SGD0.28 (assuming no change in price) and make a profit. Think the selling pressure is because a lot of investors don't have Singapore trading accounts, so have to sell off their entitlements. But for those with Sing trading accounts this may be worth a look. Last trading day for the OS is Sept 5. Pacific Offshore owns vessels for oil and gas sector and recent results show a turnaround.

2018-09-03 23:45

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