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Last Price Today's Change   Day's Range   Trading Volume
0.05   -0.005 (9.09%)  0.05 - 0.06  28,016,000
5,499 comment(s). Last comment by diggerDC at Sep 27, 2021 7:13 PM
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Jetming123
58 posts

Posted by Jetming123 > Jul 23, 2021 9:41 AM | Report Abuse

If sell today mother still can get OR ON 27/7


Jetming123
58 posts

Posted by Jetming123 > Jul 23, 2021 9:42 AM | Report Abuse

Because of the mother already adjust price (and push back to ytd closed 0.125) so mean your OR is free.


Jetming123
58 posts

Posted by Jetming123 > Jul 23, 2021 9:43 AM | Report Abuse

So better sell on OR opening price queue earlier, a least get a little profit.


Jetming123
58 posts

Posted by Jetming123 > Jul 23, 2021 9:45 AM | Report Abuse

If no people want to push OR you didn't queue earlier. The end toliet paper is expansie then your OR


alex
1188 posts

Posted by alex > Jul 23, 2021 9:45 AM | Report Abuse

Thanks @jetming.. suddenly spike up from 0.095 to 0.13.. hope it can stand till OR listed lah... else back to square one ...


Stronkstock
126 posts

Posted by Stronkstock > Jul 23, 2021 9:59 AM | Report Abuse

This time slow and steady style ah?


Luckybull
400 posts

Posted by Luckybull > Jul 23, 2021 10:29 AM | Report Abuse

Another one. Be careful stay away.


ykh92167
23 posts

Posted by ykh92167 > Jul 23, 2021 10:36 AM | Report Abuse

If sell today mother i still can get OR ON 27/7. How about the warrant? Do i still be able to get the free warrant (if i sell mother today and sell OR on 27/7)?


alex
1188 posts

Posted by alex > Jul 23, 2021 10:55 AM | Report Abuse

no.. cant get warrant if u sell OR... OR is for you to subscribe RI and get free warrant.. so cant sell OR if you want free warrant


ykh92167
23 posts

Posted by ykh92167 > Jul 23, 2021 11:17 AM | Report Abuse

i see. tq very much


Fklim888
1277 posts

Posted by Fklim888 > Jul 23, 2021 11:47 AM | Report Abuse

Relax and steady...


Jetming123
58 posts

Posted by Jetming123 > Jul 23, 2021 12:51 PM | Report Abuse

But be carefull of the company ya. If you really want to subscribe RI
1. Push up mother price and sell2.


Jetming123
58 posts

Posted by Jetming123 > Jul 23, 2021 12:53 PM | Report Abuse

2. Subscribe RI get free warrant
3. " maybe" push again mother price and sell warrant.
4. No more push the price wait till next "share consolidation" or "right issue"


Jetming123
58 posts

Posted by Jetming123 > Jul 23, 2021 12:54 PM | Report Abuse

Usually big shark will do like this.


moremoneyooo
60 posts

Posted by moremoneyooo > Jul 23, 2021 2:42 PM | Report Abuse

Strong momentum.


NicmannNg
285 posts

Posted by NicmannNg > Jul 23, 2021 3:32 PM | Report Abuse

collect collect, b4 fly next week


ykh92167
23 posts

Posted by ykh92167 > Jul 23, 2021 3:49 PM | Report Abuse

1.The OR opening price is rm 0.03 (0.125 - 0.095 = 0.03). This price is going to up/down during the OR selling period base on demand right?
2. The RI price is RM0.08 while the OP price is rm 0.03. So most likely the mother share price will be greater than RM0.08+RM0.03=RM0.11 throughout the OR selling period right? (in order to attract people subscribe RI)


Stronkstock
126 posts

Posted by Stronkstock > Jul 23, 2021 3:58 PM | Report Abuse

Heng


Citadel9999
2742 posts

Posted by Citadel9999 > Jul 23, 2021 4:49 PM | Report Abuse

hahaha


Fklim888
1277 posts

Posted by Fklim888 > Jul 23, 2021 4:51 PM | Report Abuse

Great... will only fly


alex
1188 posts

Posted by alex > Jul 23, 2021 5:29 PM | Report Abuse

Technically, OR suggested price should be 0.03. But if no much people want to subscribe RI, then on 27/7, 9am will see a lot of seller q at 0.005, if no buyer to buy up, then OR will become toilet papers. it happened very often at some others penny counters, no chance to sell even you q very early at 8:30am. But, today very weird, why a lot of buyers interested to buy in today ( price surge from 0.095 to 0.135). In fact, today's buyers wouldn't get any OR to subscribe RI. I sold off today to get back cash. And will see how the OR react when it listed. If can, i will sell off OR at 0.03. Then if OR drop to 0.01, will buy back to entitle subscribe RI at 0.08 to get free warrant...


Citadel9999
2742 posts

Posted by Citadel9999 > Jul 23, 2021 5:31 PM | Report Abuse

I don't think u can sell at 0.03, probably open already 0.005 mostly


alex
1188 posts

Posted by alex > Jul 23, 2021 5:38 PM | Report Abuse

that's the weird things for today price movement.. if mother's price continue up to 0.15 during the OR listing. It will be more worth to keep OR for RI subscription at 0.08 + get free warrant (potential to goreng ). Anyway, today's buyers paid much more $$ and not entitled to subscribe RI.


Gayah007
48 posts

Posted by Gayah007 > Jul 23, 2021 5:56 PM | Report Abuse

buy on monday still can get free OR? when last date for free OR?


Jetming123
58 posts

Posted by Jetming123 > Jul 23, 2021 6:47 PM | Report Abuse

Gayah007, yesterday is last date get free OR


Jetming123
58 posts

Posted by Jetming123 > Jul 23, 2021 6:48 PM | Report Abuse

So OR better queue at 0. 005 so even the open price is 0. 030 you still got chance to amend your selling price. If open price is p. 005 maybe you got chance to sold out.


alex
1188 posts

Posted by alex > Jul 23, 2021 7:25 PM | Report Abuse

if really open at 0.005, better buy it and subscribe RI. 0.08 + 0.005 = RM 0.085. Sell back to market after u get right share ( if market price still above your RM0.085 lah)... u get free warrant somemore..


Gayah007
48 posts

Posted by Gayah007 > Jul 23, 2021 7:49 PM | Report Abuse

https://www.klsescreener.com/v2/announcements/view/3392281
Jetming123..here show ex date is 23/7...which is today...or i misunderstood...hahaha


alex
1188 posts

Posted by alex > Jul 23, 2021 7:53 PM | Report Abuse

The Abridged Prospectus together with the notice of provisional allotment and rights subscription form pursuant to the Rights Issue with Warrants (collectively, the "Documents") will only be despatched to the shareholders of the Company whose names appear in the Company's Record of Depositors as at 5.00 p.m. on 26 July 2021 ("Entitled Shareholders") and who have a registered address in Malaysia or who have provided the Share Registrar, Boardroom.com Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on 26 July 2021.


Hmm.. those buy OR from market on 27/7 will not entitled to subscribe RI.. But if can an "entitled shareholder" buy extra OR from market then subscribe excess right share?


alex
1188 posts

Posted by alex > Jul 23, 2021 7:56 PM | Report Abuse

Remarks:- The last date and time for acceptance, "excess application " and payment is 16 August 2021 at 5.00 p.m.


they mentioned "excess application " .. is this refer to those "entitled shareholder" who buy extra OR from market then subscribe excess right share?

Anyone know about this? i never subscribe RI before


hakubasnow
247 posts

Posted by hakubasnow > Jul 23, 2021 9:30 PM | Report Abuse

@ alex - On Monday BCMall will come out with it's NPA (Notice of Provisional Allotment) & RSF (Right Subscription Form). You can download it in Bursa website.

These forms will show how many BCMall rights & warrants are allotted to you. For example if you own 4000 BCMall you will be allotted 6000 Rights & 5000 Warrants.

And in the same forms you can apply for excess shares. Let say you can apply additional 6000 Rights. But normally, if the right issue is fully subscribed you will find its not so easy to get excess shares. If you lucky you may get a few but not the full number that you requested.

You can try have a look at AEM NPA & RSF to have an idea how the excess application look like
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=209875&name=EA_DS_ATTACHMENTS


alex
1188 posts

Posted by alex > Jul 23, 2021 9:36 PM | Report Abuse

Thanks @haku for the explanation. Yes, i am thinking to subscribe right shares cos it is more worth than buying from market (of course, the mother's price may drop far below the right's price 0.08). However, i found that the open reference price for OR on 27/7 listing should be 0.095- 0.08 = 0.015 (instead of 0.03)


NKLpunya
70 posts

Posted by NKLpunya > Jul 24, 2021 9:51 AM | Report Abuse

Whistleblowers are trying to say this counter is targeted by the Lien Hoe gang and the trading pattern may look similar like others they have done with, Macpie, Metronic, AT, Gocean, Focus Dy., Kanger, etc. and Saudee is nearing completion.


Gayah007
48 posts

Posted by Gayah007 > Jul 24, 2021 10:47 AM | Report Abuse

anyone can confirm on last date to entitled RI ? ex date is 23/7 right ...so last date to entitled RI is 22/7 or 23/7?


NicmannNg
285 posts

Posted by NicmannNg > Jul 24, 2021 1:44 PM | Report Abuse

22/7


Jetming123
58 posts

Posted by Jetming123 > Jul 24, 2021 6:45 PM | Report Abuse

You can download bursa anyway apps to subscribe right issue. Then no need to go bank, send form to BCMALL.. Etc


Jetming123
58 posts

Posted by Jetming123 > Jul 24, 2021 6:46 PM | Report Abuse

But I no sure is it work with good or not. I didn't use before, just saw people post on Facebook. Easy way to subscribe right issue


Jetming123
58 posts

Posted by Jetming123 > Jul 24, 2021 6:47 PM | Report Abuse

If you first time subscriber RI, BCMALL is high risk for newbie. As the is group under fintec... Anyway good luck to you


hakubasnow
247 posts

Posted by hakubasnow > Jul 24, 2021 7:28 PM | Report Abuse

A few things to know about sending via online e-Right :

Bursa Anywhere :

* If you want to debit from your bank account, you must make sure that your bank account is the one that you register with Bursa Malaysia for e-Dividend. Let say you registered for e-Dividend using CIMB and decide to pay for your Rights using Maybank, it will straight away reject your application.

* Happened to me, so I told myself fine I change my e-Dividend bank account using Bursa Anywhere apps from BIMB to MBB. They asked for Bank Statement or Letter from the bank or Copy of bank Book or Cheque Book. So I sent them my copy of statement. This also got rejected !

Public Bank & Affin Bank e-Right

* You can also use PBB or Affin Bank to apply e-Right online by debiting from your account. But they don't allow if you have joint-account !

* Finally I used the old fashioned way. By buying bank draft and send it using Pos Laju.


alex
1188 posts

Posted by alex > Jul 24, 2021 11:18 PM | Report Abuse

if i am entitled to subscribe 6000 right shares. And if wish to subscribe more. Let's say i want subscribe total 10000 right shares.

(1) Should i buy another 4000 units of bcmall-OR on 27/7? So that, i can confirmed to get 10000 right shares successfully ?

(2) Or i no need to buy another 4000 units of bcmall-OR. Just write 4000 units at the "excess " column and pay the total amount of 10000 units ? of course, i am guaranteed can get the 6000 right shares as long as i don't sell the bcmall-OR, but another 4000 units are may or may not get it?

anyone knows? tq


hakubasnow
247 posts

Posted by hakubasnow > Jul 25, 2021 12:17 AM | Report Abuse

If you apply excess shares, it will depend on the response of the rights subscription. So far from my experience, I didn't manage to get full total excess rights that I applied.

But for shares like Saudee or Mtouche where the rights are under subscribed, then you will be lucky to get all your excess shares

If you buy OR from the market then you are guaranteed to the total number of shares but then it will be based on price on the board on that day. Applying excess shares is just a throw of the dice. No telling how many you will get allotted.


alex
1188 posts

Posted by alex > Jul 25, 2021 11:15 AM | Report Abuse

thanks @haku for explain. But may i know what do u meant by " it will be based on price on the board on that day"? i thought the subscription is already fix at 0.08 and it wouldn't change anymore?


Jetming123
58 posts

Posted by Jetming123 > Jul 25, 2021 12:37 PM | Report Abuse

@Hakubasnow that is make in " Malaysia" apps hahaha damn susah to use


hakubasnow
247 posts

Posted by hakubasnow > Jul 25, 2021 1:33 PM | Report Abuse

@ alex 0.08 is the Right Issue price. This one is fixed.

BCMall-OR will be listed next Tuesday (27/07) until 05/08/21. Do note that OR is just a form, so basically you are buying the Rights form to subscribe and the price may vary.

You can refer to AEM-OR currently listed on the board. The Right Issue price is fixed @ 0.05 but the OR is now selling @ 0.005

1.) Let say the price of BCMall-OR on Tuesday is 0.05, and you bought 10,000 :

10,000 X 0.05 = RM 500

2.) The next step is to subscribe to the rights. You can buy bank draf or apply e-Rights online :

10,000 x 0.08 (right issue price) = RM 800

3.) So your total cost :
RM 500 (OR) + RM 800 (Rights Subscription) = RM 1,300

4.) You must ensure that your application for BCMall Right Subscription is completed/reach Share Registrar BEFORE 16/08/21 (Acceptance date & Payment)


alex
1188 posts

Posted by alex > Jul 25, 2021 2:41 PM | Report Abuse

Thanks again @Haku. I am using Rakuten's platform to subscribe. I just don't know when their platform will show up the right shares units i able to subscribe after i bought more unit of OR on 27/7. T+3 ?

I just don't understand why people keep buying mother on last Friday, they will not entitled to subscribe right shares. As your example above, the cost will be much more cheaper (0.08 + 0.005) if buy directly the OR then subscribe right. Of course the cost also depends on the OR's price, it can be vary. But from what i see others penny stock, first day of opening price for OR is mostly at 0.005 cos not much people want to subscribe. But i think this bcmall is worth since 6:4 plus free warrant. As long as after you subscribed, the mother's price not drop till to your subscription's cost which is 0.085 (just an ideal price).

I just hope that bcmall mother's price wouldn't drop to far below than the subscription's price 0.08. This is happened at many others penny stocks.


hakubasnow
247 posts

Posted by hakubasnow > Jul 25, 2021 3:26 PM | Report Abuse

You can register with Bursa Anywhere and after T+2 it will show your full available quantity to subscribe.

Or you can apply using my method, buy buying bank draft and photocopy and fill in the NPA & RSF forms from Bursa website yourself. However you need to pay for bank charges and stamp hasil (RM10)

The theoretical OR price on Tuesday will be based on BCMall closing price. Let say Tuesday BCMall closed @ 0.125, the theoretical OR price will be 0.08

LR = Reference Price for rights on Listing Date (RM)
P = Previous day closing price of ordinary
share (RM)
Z = Subscription price per rights
EP = Exercise Price of Warrant (RM)
RW = Warrant ratio to Rights

LR = (P - Z) + ((P - EP) × RW)
= (0.125 - 0.08) + ([0.125 - 0.08] x 0.83)
= 0.045 + (0.045 x 0.83)
= 0.045 + 0.03735
= 0.08

The theoretical price maybe @ 0.08 but it could open higher or lower depending on market's demand.

As a reference AEM closed @ 0.065 on 21/07/21, the theoretical OR price for AEM-OR was 0.025 but the OR remains at 0.005 after 2 days trading.


alex
1188 posts

Posted by alex > Jul 25, 2021 6:42 PM | Report Abuse

I saw someone calculate the theoretical opening reference price of bcmall- OR is using the opening mother's price on ex-date which is 0.095 - the subscription's price 0.08 = RM 0.015. so the reference open price for OR should be 0.015. I am not sure which one is correct. Will see on Tuesday


AlfI3
1061 posts

Posted by AlfI3 > Jul 26, 2021 7:55 AM | Report Abuse

See on Tues for a better understanding of the 'real' prc trading on trading platform instead of various guessing


Stronkstock
126 posts

Posted by Stronkstock > Jul 26, 2021 11:44 AM | Report Abuse

Slowly going up


Jetming123
58 posts

Posted by Jetming123 > Jul 26, 2021 11:51 AM | Report Abuse

After break 0.150 will fly to the moon

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