SYCAL (9717): Financials Summary, Key Results, Growth

This counter is truely overlooked such a high nta and making good profit trading so cheap .
What a gem

2020-04-29 12:46

RedEagle

Pity pattern chart

2020-05-05 21:40

volks2

Comin now.

2020-05-14 14:35

Don’t miss lo

2020-05-14 14:39

sycal attracts me.
buying some to try my luck

2020-07-13 10:45

I think will move soon

2020-07-13 14:47

so, moved

2020-07-14 09:43

hello, jaynetan, good to see you here! So, looks like this counter will be rewarding just like VSolar!

2020-07-15 21:50

oh p99 meet you again here.
nice
sycal attracts me.
buying some to try my luck

13/07/2020 10:45 AM

2020-07-16 00:42

looks like vsolar but much differences , hope it helps me to retire early

2020-07-16 00:45

Would be nice to retire early and healthy! Just wonder what you think of dolphin international as it is also doing right issues to acquire Uncle Don. Ex-date 23 July. It's quite active trading now.

2020-07-16 10:14

market active many cash calls. to be cautious , i only prefer minimum risk which is in favor of me and able to shoulder the downside.
i wait see .
in the mean time, i prefer sycal with several self satisfaction reasaons, or shiok sendiri only.
just a laugh

2020-07-16 10:51

Would you mind to share your reasons for sycal? Just as a reference, as I should do my homework too! Cheers

2020-07-16 11:44

its proposal
egm 6/8

2020-07-17 15:39

Thanks, and iIndeed, the fund to be raised will be mainly used in the housing and condo projects which look good to me. I know of this ICPS thing just now and the share price now is about 3-5 sens higher than last week when the price was less than 20sen, so I lose out a bit, but this extra 3-5 sens when spread over the 15 ICPS is just about 0.3 sen/ICPS. With egm on 6 Aug means the ex-date will be soon. Conclusion: I will definitely buy too.

2020-07-17 22:45

I am hopeful that these ICPS thing will bring the good profit just like the VSolar right issues:)

2020-07-17 22:48

We met at vsolar
Haha

2020-07-17 22:50

The rm 20 m subscription of icps by major share holders to be a good catalyst

2020-07-20 21:40

sweng88

hi Jaynetan, i understand abt RI, but i still dun understand abt ICPS, can you teach me, i also want to retire earlier thanks

2020-07-20 22:52

a few types of loan stocks
icps , rcps are two fo them
icps, irredeemable convertible preference shares.

2020-07-21 05:13

Sweng88 and all, Below is copied from Bursa Announcement. Pls check there for more details.

The Proposed Rights Issue involves the issuance of up to 6,244,866,420 ICPS on the basis of 15 ICPS for 1 Share.

Based on the Conversion Mode, the ICPS can be converted into new Shares at the Conversion Price in the following manner:
(a) by surrendering for cancellation twenty (20) ICPS for conversion into one (1) new Share
(“Conversion Ratio”) (“Conversion Mode 1”); or

(b) by surrendering for cancellation one (1) ICPS together with a cash payment of RM0.19 for one (1) new Share (“Conversion Mode 2”).

2020-07-28 12:44

Each ICPS costs 1 sen to subscribe.
In short, if you choose Conversion MOde 2, you get 1 share by paying 1sen +19sen=20sen. Now the price is 26sen, so potentially major earning.

Jaynetan, is this the main idea?

2020-07-28 12:50

Hopefully born at the right time

2020-08-15 06:47

interesting

2020-08-27 00:57

Wow, fly, not selling:)

2020-08-28 16:53

Just managed to login today and nice surprise!!

2020-08-28 16:54

happyholiday

2020-08-28 17:25

https://klse.i3investor.com/blogs/Bursa_Master/2020-08-31-story-h1512603328-COULD_THIS_STOCK_BE_ANOTHER_TAKEOVER_EPISODE_OR_IS_IT_JUST_A_GUESSING_G.jsp

Happy holidays, RI going well!

2020-08-29 18:09

BURSAMASTER

2020-08-31 10:09

Why not said earlier

2020-08-31 16:36

BabyAce

This stock actually got potential. Sudden breakout takut. Btw, I'm staying in one of the properties they built, really not bad actually.

2020-08-31 17:48

Yes, although the icps stuff got postponed. Demand for housing seems moving up....

2020-12-13 10:49

@BabyAce Thanks for sharing Sycal properties not bad, giving us more confidence to hold.

2020-12-13 10:53

maxstore769

Post removed.Why?

2020-12-19 08:46

This co making profits past few years . Nta above 60 sen . Not bad

2021-03-18 19:27