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10,920 comment(s). Last comment by UnclePho at Oct 20, 2021 8:27 PM
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123eztrade
533 posts

Posted by 123eztrade > Oct 5, 2021 6:13 PM | Report Abuse

awang da jadi bawang betul


ahgorgor
164 posts

Posted by ahgorgor > Oct 7, 2021 5:05 PM | Report Abuse

minetec 11 sen, worth applying ICPS?


Trojan888
3 posts

Posted by Trojan888 > Oct 7, 2021 10:03 PM | Report Abuse

Theoritically No...better buy in open market


nklye
843 posts

Posted by nklye > Oct 8, 2021 12:42 AM | Report Abuse

Look like another BCM?


win_big
1 post

Posted by win_big > Oct 8, 2021 12:43 PM | Report Abuse

anyone here subscribe to their ICPS? Last day today.


AlfI3
1068 posts

Posted by AlfI3 > Oct 11, 2021 8:19 AM | Report Abuse

BCM koyak & Kaput liao


ahgorgor
164 posts

Posted by ahgorgor > Oct 16, 2021 1:16 PM | Report Abuse

ICPS was oversubsribed


WMY2188
32 posts

Posted by WMY2188 > Oct 16, 2021 8:17 PM | Report Abuse

https://www.nst.com.my/business/2021/10/736905/minetechs-rights-issue-oversubscribed-4553pc


WMY2188
32 posts

Posted by WMY2188 > Oct 16, 2021 8:20 PM | Report Abuse

https://www.businesstoday.com.my/2021/10/16/minetechs-prospects-gets-market-nod-with-its-icps-oversubscribed-by-45/


UnclePho
167 posts

Posted by UnclePho > Oct 18, 2021 9:50 AM | Report Abuse

at 3 sen, oversubscribed by its own largest shareholders and noms


jaynetan
1307 posts

Posted by jaynetan > Oct 18, 2021 7:19 PM | Report Abuse

I m still curious waiting for the said announcement


UnclePho
167 posts

Posted by UnclePho > Oct 18, 2021 7:27 PM | Report Abuse

Announcement what? Capital reduction? It already went to court lah. See their own announcement mate


jaynetan
1307 posts

Posted by jaynetan > Oct 18, 2021 7:28 PM | Report Abuse

So


UnclePho
167 posts

Posted by UnclePho > Oct 18, 2021 9:30 PM | Report Abuse

And so wait lah... Why itchy?


jaynetan
1307 posts

Posted by jaynetan > Oct 19, 2021 8:50 AM | Report Abuse

1 itchy to learn who were the plaintiffs.
2 to those sifu , just ignore my writings.
These if u think help in knowledge:

Undersucribed /oversubscribed

1. Major shares holders ,agreed to take up their own portions as stated in the proposal. This is to facilitate a minimum subscription for the right issue.
2. The rest of the portion to be subscribed by others or retailers.
If this portion not taken up , THEN only agreed major shares holders will subscribe it to make it to a MINIMUM LEVEL to make the intended cash call successful.
ALERT, the major shares holders CANNOT n will not top up subscription to make it OVERSUBSRIBED. Only the small shares will subscribe extra resulting oversubscribed. NOT the major share holders doing it.
This is the rules

I m not interested in arguing here as no profit to me nor benefited .

I hope these might helpful to those really interested in corporate exercises which frequently encountered.


UnclePho
167 posts

Posted by UnclePho > Oct 19, 2021 8:24 PM | Report Abuse

100% minimum subscription level already allocated to largest shareholders. So, oversubscribed surely from their noms to make a market gimmick lor.. aiyoooo Mr Dictionary


UnclePho
167 posts

Posted by UnclePho > Oct 19, 2021 8:26 PM | Report Abuse

Share price still diving.. no excitement of oversubscribed. It is all story telling and fairy tales. No body buying what Minetech is selling except their own largest shareholders. Wait for PP result okay. No material projects in hand but raise fund for what? Support the opex? Pathetic betul


Legend
2475 posts

Posted by Legend > Oct 19, 2021 10:02 PM | Report Abuse

Sudah satu tahun breakfast roti telor...


Trojan888
3 posts

Posted by Trojan888 > Oct 20, 2021 4:28 PM | Report Abuse

Logically I think I agree with the jaynetan if compared to uncle pho...for what reason they want to play gimmict like that instead of they can directly try to trap the trader instantly ?I think that way will fool the traders and investors..Be keep mind min subscription they still using their money lorr to subscribe the ICPS


UnclePho
167 posts

Posted by UnclePho > Oct 20, 2021 8:27 PM | Report Abuse

Trojan888..... What I can do is laugh out loud

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