The WB was out-of-money, still got people exercised. And price dropped after that also. Looks like the holding company did not exercise their huge warrant holdings. Otherwise, no need to issue Notes for money to borrow.

2-1 does not equal to 1.

cmtfly - siapa makan cili, dia rasa pedas

What happened to Sales? He's been quiet for sometime...

Recall that in 2015, the 1 for 2 bonus was also around 17s

cmtfly, should be tmcfly, haha. Thomson's bonus warrants issue to PL and Sultan expired out-of-money. Even if they exercised, it would have been just a few pips in-the-money or at a loss.

Am still scratching my head on that. Maybe he decided to kill the first batch of the bonus warrants and he owns the 2nd batch of the bonus warrants himself, because not many ppl exercised the 1st to get the 2nd.

2 mths is quite a long time for warrants. 1 for 1 and in-the-money.

So it was engineered to make the warrants go to 0.5sen/17sen, so that the big boy will collect cheap. And free float is very small. So easy to corner. So who is that big boy? PL?

Thomson Medical, the holding company's cost of TMCLIFE'S warrants is 17sen. They have not exercised yet and looks like the price will surge to more than that. So that means at least 92sen for the mother share.

Historical high was 98.5sen, so quite likely this time will be above RM1.

Vroom papapap, Vroom papapap, Vroom vroom...

vroom vroom vroom!

All on board? Vroom, vroom, vroom...

Short sell lah gunduk

Dusti, he's always there.

81 today?

All things being equal, what goes down must come up. This leg looks like a strong push up.

They just know when to announce news isn't it?

Technically, it bounced off the critical support levels. Valuation also is attractive, so it is a buy. The trigger was the ESOS at ex price of $0.94.

These given to top 2 officers. They are the ones steering the ship and their impact on share price. Would you give something worthless as a motivating gift to yr performing officers?

Btw, ESOS given free to employees. Just need to exercise when it hits the ex price, no need to buy.

These are top officers. So it implies the price should be at least that price now or higher?

Tax incentives in Budget 2019?

Malaysia aims to be Asia's fertility hub by 2020

Malaysia is capable of becoming Asia's fertility and cardiology treatments hub by 2020 due to the high quality of health services available in the country.

As such, Malaysia Health Tourism Council (MHTC) chief executive officer Sherene Azli said, the MHTC was working closely with the Health Ministry and private hospitals to achieve the aspiration in the next two years, while at the same time, boosting the country's health tourism industry.

“The success rate of the In Vitro Fertilisation (IVF) treatment in Malaysia is high, which is between 55 to 60 percent, and for cardiology treatment, the National Heart Institute (IJN) already has a very good reputation and it is among the best in Asia.

“The level of demands and the country’s capability to provide the services involved prove that Malaysia has a huge potential to be promoted as a fertility and cardiology treatments hub in the region,” she said when appeared as a guest in Bernama News Channel’s 'Ruang Bicara' programme last night.

Sherene said efficient service and multilingual communication were also among the advantages that made Malaysia have a complete health tourism industry package as well.

- Bernama

Monday 80c sayonara liao

Iskandar hospi finally started construction works.

Cuming...

She wants to buy cheap and cheaper.

Adstey, will Rowsley report a loss on the warrants come quarterly or yearly? It looks like someone is pressing down mother to buy more warrants at 7-8c range.

We all small timers. Look look see see...

Sell, sell, sell

1 mth average price of TMC-WB ends on Mon 19/3. That will determine the purchase price of PL's wrts.

Here we go again. This spike up looks like going to be powderful.

Sorry not 100% of warrants acquired but 70% of those issued, held by Peter Lim & Sultan of Johor. So another 30% held by public will be cornered??

https://www.shareinvestor.com/news/news.html?source=sg_sgxnet&nid=716069

Rowsley will acquire all of TMCLife's warrants by Q1-18 in cash as announced after the suspension trading of its shares today. Expect the warrants to chiong!

Haha...I meant kiss our asses.

Those that missed out will pour cold water. Such sour grapes. Kick our asses this time.

KUALA LUMPUR, Oct 28 ― The RM30 million allocation for the Malaysia Healthcare Travel Council (MHTC) under Budget 2018 tabled by Prime Minister Datuk Seri Najib Razak yesterday will spur further growth of the medical tourism industry in the country.

MHTC chief executive officer Sherene Azli said the council welcomed the announcement and described it as being in line with the national economic blueprint where healthcare travel was identified as one of the National Key Economic Areas (NKEA) in Malaysia’s bid towards high income nation status by 2020.

She said since 2011, the industry had shown tremendous potential and recorded double-digit annual growth, ranging between 16 to 17 per cent every year.

“In 2016, the healthcare travel industry grew about 23 per cent from 2015, compared to the average growth rate of 15 per cent from 2011 to 2015.

“Malaysia received more than 921,500 health travellers and it is estimated that last year alone, the actual contribution of the healthcare travel industry to the Malaysian economy is approximately RM4 billion to RM5 billion,” she said in a statement today.

Sherene said the sector had identified Indonesia, Vietnam, China and recently India, as core markets based on the volume of healthcare travellers as well as growth potential for these respective markets.

In the 2008 budget, MHTC was allocated RM30 million to strengthen the industry as one of the country's sources of income, including providing end-to-end service for medical tourists to Malaysia.

The allocation among others is to promote Malaysia as the Asian Hub for Fertility Treatment, including IVF and Cardiology, extend the eVisa facility to cover other specialised medical services and high-value healthcare packages and introduce Flagship Medical Tourism Hospital Programme which offers special incentive to private hospitals to attract medical tourists. ― Bernama

Read more at http://www.themalaymailonline.com/malaysia/article/budget-2018-medical-tourism-industry-set-to-grow-with-rm30m-allocation#1M4iBGaPJoWyZpFH.99

Wave 1 just started

Looks like got major announcement coming. 0.83 and above close is good!

Cornered!

The tail that wags the dog?

The tail wags the dog?

I have not read this but here's the relevant info if you want to understand the situ. Disclaimer: I'm not well-versed in this.

https://www.sc.com.my/wp-content/uploads/eng/html/resources/guidelines/tom/160815/tom_rules_160815_complete.pdf

MGO whether good or bad depends on the price offered vs current price. Normally, in any exercise, be it MGO or whatever, proposals need shareholders' approval first before it's firmed up. After that, the ex-price is determined by the normally 5-day share price action.

If the company is growing and is listed and there are projects in the pipeline, it makes no sense to do an MGO. MGO is akin to taking the company private. Peter Lim will milk the cow until kingdom comes before he ever decides to make an MGO.

Sundae, MGO means Mandatory General Offer. I think the threshold is 75%. If I can remember correctly in late 90's MRCB got exemption on MGO for its purchase of RHB.

Rowsley intends to apply for exemption for MGO on Thompson Medical. I believe they will do the same for TMC too.

Oversold.

Expiry of CA CB wrts?

New CEO, new push...

Soooo quiet today