Wait for them to goreng... Maybe the probable causes are:
1. QR announcement at the end of this month (As expected, the latest QR show us a better result), or
2. Company intention to set the price of shares for their proposed PP (for this cause, the time is nearer as the BURSA already resolved to approve the listing of and quotation for up to 180,306,505 new Kanger Shares to be issued pursuant to the Proposed Private Placement, subject to some conditions to be followed by Kanger, and the illustrative issue price of the Placement Shares is assumed at RM0.055 per Placement Share), or
Noobie123@ Hope kills. ---------- DEAD CAT bounce Told u edi about this BOOBY TRAP - but fell on many DEAF EARS PP Share Dilution is a serious painful hmmm...a short lived euphoria
Because of your boycott, you destroy your own country. ........................................... Because of your rude attitude that started to cause problems in society.
5.5 cents is just their ilustrative price... stated in their proposal. As I said, actually it depend on management / insiders to set the PP issue price.... At below 5.5 sen, at 5.5 sen or higher than 5.5 sen. We will see it later.... TAYOR
My fren Patience99... psstttt....DM me ...a s a p...! Better let go to you than to let this Kaput-ing Kanger be 3 sen due to gravely PP @ Public Placement dilution Warrant WB...?... to be COFFIN liao
The proposed PP has been approved by EGM... Later, the company needs to determine an issue price for the PP shares.... It will depend on insiders / management of the company to set it at around 5.5 sen or higher....
I have a plan to add some if the price is below 5.5 sen but I think the price won't revisited 3 - 3.5 sen again in the near future, especially before the completion of the proposed PP. TAYOR..
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....
MZM2511
4,437 posts
Posted by MZM2511 > 1 month ago | Report Abuse
The price is stabilising @5.5 sen - 6.5 sen.
Wait for them to goreng... Maybe the probable causes are:
1. QR announcement at the end of this month (As expected, the latest QR show us a better result), or
2. Company intention to set the price of shares for their proposed PP (for this cause, the time is nearer as the BURSA already resolved to approve the listing of and quotation for up to 180,306,505 new Kanger Shares to be issued pursuant to the Proposed Private Placement, subject to some conditions to be followed by Kanger, and the illustrative issue price of the Placement Shares is assumed at RM0.055 per Placement Share), or
3. Any other positive development..