kktomMichelle Teh,Do you want to borrow money to this company to do business?If yes keep your shares for 5 yrs.
ICON333317 , 17.5 should be ok to enter and subscribe the LR come free warrant !!!
leslieroycarterup n down just for a single day....usually we get a slip unless u keyed in earlier for 1 month duration. it is usually hard to anticipate given the volatility of the shares concerned. up 0.5-1c , all the sharks r throwing....
Octopussupport at 0.17, next is 0.165.. actually not recommend to buy.. suggest to wait 0.16 can hold the price..
leslieroycarterAs said earlier , may drop to 14c or lower....coming down again....
winsamaGore Victor Lee, you can look up the salient terms of the ICULS and warrants under Asiapac's announcement in the Bursa website under company announcements, dated 29 Dec 2016. The relevant info is in the 2nd document attached thereto. The way I value the ICULS (forget about the coupon interest first) is this: you pay RM1.00 for 1 ICULS that is convertible to 5 Asiapac shares that carries a current price of 0.17. So, it means your ICULS is worth: 5 times 0.17 = RM0.85. So you 'lose' 15 sen when you subscribe, which is then compensated by the 2 free warrants given to you. So, just to break even, ceteris paribus, your free warrants on listing must command a price of RM0.075 for you to break even, transaction costs not counted. Some might argue that you get 3% interest per year for the next 5 years but I don't think that is a strong enough sweetener. Whether it is worth it or not, you be the judge, but the mother share price should give you an idea whether the minimum target warrant price of 7.5 sen is achievable (with an exercise price of 25 sen).
Money1688if after 28/4/17, the existing share not yet sell, still hold in the hand, is it will return us some fund for the Right issue?
leslieroycartergood reasoning by winsama....no more meat but may incur more losses i predict. Not a recommendation to buy or sell....
leslieroycarterNow , those who hold had to fork out more money to buy rights n more money to convert to mother shares later ....not worth it at all given the peak market now coz the tsunami may come any moment now or in 2018....