Once again, what I had commented proven to be correct. The majority of the shareholders approved the right issues of ICPS. I do not need to channel my energy to argue with empty vessel as they make the loudest sound, the least wit are the greatest babblers.
Pls read the Q1 result, the bleeding continue for another RM25mil. It will take sometime for the company to turnaround and the share price will be under pressure. Pls do your own homework and read the details of the ICPS, if you do not subscribe, there are parties including the main shareholders who undertake to subscribe it (pls check as I remember reading it). It is also possible that they may want to subscribe more if they make it unattractive for the minority shareholders. So, it may not be a straight forward game that the main shareholders will push up the price for the right issues of ICPS. If you are a seasoned investor, you would have come across such scenario in the past. So, invest cautiously.

viper, I am very surprised that you still have the guts to be around in this forum after sharing all sort of nonsence and misleading info. Look back at what you had written. If I were you, I will hide myself & do some self reflection. Shame on you and the investment community is so disgraceful to have someone like you. Be a bit humble and stand to be corrected if you wrong. Anyhow, no one in this world is perfect. What I had shared earlier in this forum has proven to be correct as the share price had gone down below RM0.30. For those who listen to you, I really sympathize them.

Certain people are just not up to the standard but try to act smart. Good luck to all of you.

Lol....Now, you will know who give the right advice. If you still do not exit despite my several reminders, you will have many sleepless nights. Do not be so naive but do your own homework.

With the challenges surrounding the company during last q of 2014, the q result is unlikely to be favourable. Trade wisely.

I think some big players are sick today. Probably they will be back tomorrow to support the counter tomorrow...lol

The real non-sence is soemone speculating the share price will skyrocket today because T+4 is over and Fund Managers are back. Sad to say it didn't happen. Probably, try to justify with another excuse. Lol....

viper88, sorry I do not read those who write non-sense to mislead others. I believe the objective of this blog is for info sharing and not a forum to influence or mislead others. Let the members to evaluate based on available information. The way you write is the price will definitely go up. I pity those who will be caught after the ICPS.

Remember, smart investors sell when the news is out.

Viper88, ask anyone, when the share price is 30 sen and the offer for the ICPS is merely 25 sen and no payment is required upon conversion. A small kid will also be able to tell the answer. Wish those who follow your advice good luck. You have been talking about the potential upside of this counter since the announcement. However, the price keep going south.

Do worry, it will reach 50th when the cows come home.

Human being always try to convinced themselves with excuses with T+4 and etc when the price is down.

No need to check with anybody. If you are smart investors, the current trend will tell the truth.

Viper88, Get your facts right. This round the renounceable right is only 25cts. In will be in for money even the market price is 30cts.

Upside is limited. Even they maintain the share price at 0.40cts. Shareholders will still subscribe to the Renounceable Right of merely 0.25cts.

skyjuice2, I do not know your ulterior motive but please get you facts right before writing the comments. The purpose of the proceeds is spelled out in the annoucement and the utilization will be monitored by Securities Commission. SC roles among others is to protect the investors.

Do you think the Investment Bank is foolish & SC has overlooked to approve the right issues?