BURSAMASTER

BURSAMASTER | Joined since 2013-10-30

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Stock

2014-06-16 23:15 | Report Abuse

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): ESOS PELIKAN INTERNATIONAL CORPORATION BERHAD (“PICB” or “the Company”) - EXECUTIVES’ SHARE OPTION SCHEME (“ESOS”)

PELIKAN INTERNATIONAL CORPORATION BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
ESOS
Description PELIKAN INTERNATIONAL CORPORATION BERHAD (“PICB” or “the Company”)
- EXECUTIVES’ SHARE OPTION SCHEME (“ESOS”)

Pursuant to paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, PICB wishes to announce that the Company has on 16 June 2014 offered a total of 7,983,750 share options at an option exercise price of RM1.35 per option share to the eligible Directors and executives in accordance to the By-Laws of the ESOS.
Included in the offer above, the following Directors have been offered share options of 500,000 each:-

(a)  Loo Hooi Keat - President / Chief Executive Officer

(b)  Datuk Rozaida Binti Omar - Non-Independent, Non-Executive Director; and

(c)  Yap Kim Swee - Independent, Non Executive Director

The vesting period of the share options are from the date of the offer until 28 February 2015 and the market price of Pelikan shares at the close of the market on 16 June 2014 was RM1.48.

This announcement is dated 16 June 2014.


Announcement Info
Company Name PELIKAN INTERNATIONAL CORPORATION BERHAD  
Stock Name PELIKAN    
Date Announced 16 Jun 2014  
Category General Announcement
Reference No PI-140616-B66AF

Stock

2014-06-16 22:39 | Report Abuse

TOMORROW...WE CUD SEE BREAKING 2.91..THEN HELL BREAK LOOSE

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2014-06-16 16:49 | Report Abuse

Rosetan....Inari greater volume than warrant cos funds only buy mother for bonus n dividend which warrant won't benefit. Today a big local funds buy 1m at 2.87

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2014-06-15 22:34 | Report Abuse

Pin your eyes to inari tomorrow

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2014-06-15 22:32 | Report Abuse

If you see the seem to be somebody alligned to Robert Kok heavily buying this counter. What can you gather

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2014-06-15 16:48 | Report Abuse

PELIKAN IS NOT ABOUT POOR FINANCIAL RESULT BUT NEXT CONTROLLING SHAREHOLDER WITH NEW ASSET INJECTION....FANTASTIC FUTURE PROSPECT

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2014-06-15 16:46 | Report Abuse

INARI IS "RUMOURED" TO ANNOUNCE BONUS THIS MONTH....HOPE IT COME TRUE...THEN 3.50 SHOULD BE REALISTIC

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2014-06-15 12:39 | Report Abuse

3.50 SHOULD BE A REALITY IS THE ANTICIPATED BIG ANNOUNCEMENT IS MADE THIS MONTH.

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2014-06-15 10:11 | Report Abuse

Btw, last Friday two big funds whacked 70% of the volume at average 2.835.

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2014-06-15 10:09 | Report Abuse

Whatever it is, 2.91 most major resistance must be broken for it to fly to the moon. I gather it will break conclusively this Monday or Tuesday. If this happens, 3.00 won't be an issue. But somehow I predict by end of this month will break 3.50. To most this magic figure is to high fetch but deep inside I believe it will happen. I know a lot of inari will think I am crazy to put a very high target for this month. Let's see by end of the month what will be the price.

Stock

2014-06-12 22:36 | Report Abuse

Wangge....I can't reveal directly but maybe I will give some info indirectly.

Stock

2014-06-12 20:42 | Report Abuse

SHOULD SEE UPWARD MOMENTUM TOMORROW AFTER A PERIOD OD CONSOLIDATION AROUND 1.50 LEVEL. wE COULD SEE 1.60 BROKEN NEXT WEEK

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2014-06-12 20:13 | Report Abuse

Today a big local fund bought 6xxk@ 2.80 to 2.81. Hope this fund will continue to buy more. We can see 2.91 broken soon and thereafter 3.00

Stock

2014-06-11 06:47 | Report Abuse

Sorry guys, I was caught in a long meeting yesterday...maybe some one can organise the meeting session in Petaling Jaya or Subang Jaya. I will foot the bill.

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2014-06-10 11:46 | Report Abuse

i would suggest meet over drink session to get to know each other and exchange ideas and facts. i don't mind to foot the bill; max 10 pax.

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2014-06-08 14:02 | Report Abuse

Normally, if rights issue only; not good as it cause dilution in NTA & PE. So most company will give a sweetener in the form of free warrant and / or bonus issue to mitigate the interest lost by the existing shareholder.

Stock

2014-06-08 14:00 | Report Abuse

Bonus, Rights issue will only benefit the mother shares most. Warrants will benefit only if its is allowable in its charter. Most of the time, warrant holder will see the exercise price reduced proportionately with the quantum of bonus issue if it is allowable by the charter.
however, if only rights issue with free warrant won't benefit the warrant holder at all.

Stock

2014-06-08 08:26 | Report Abuse

I heard there will be a bonus issue (quantum of bonus issue not revealed to me) together with rights and free warrant as sweetener

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2014-06-06 12:09 | Report Abuse

I STRONGLY BELIVE INARI WILL CLOSE ABOVE 2.85 TODAY...LET'S SEE WHETHER MY HINDSIGHT IS CORRECT

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2014-06-06 07:22 | Report Abuse

INARI BOLEH.............

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2014-06-05 10:56 | Report Abuse

From the buyers parking...it looks like inari going forward today.

Stock

2014-06-05 08:56 | Report Abuse

Get your money ready for a big S&P 500 rally
June 4, 2014, 6:45 PM ET
SHARE:MORE EmailPrint
The bulls are back in town — and there’s a growing sense that they’re staying awhile.

The S&P 500 SPX logged its 16th record close for 2014 on Wednesday, leaving U.S. market bears verging on their 19th nervous breakdown.


Bloomberg
Bulls got another big boost after the close Wednesday from S&P Capital IQ. The research firm’s Investment Policy Committee — which has been upbeat on U.S. stocks — raised its 12-month target for the S&P 500 to 2100 from 1985 — a 9% price increase. The model portfolio allocation of 50% U.S. stocks, 15% international stocks, 25% bonds, and 10% cash was left unchanged.

S&P Capital IQ consensus estimates see operating EPS increasing 12.4% from 2014′s second quarter to the comparable quarter in 2015. As for inflation fears, they’re overblown, the committee said; it expects inflation to run at or slightly below the recent 2.0% year-over-year increase in headline CPI.

This sunny economic and market outlook allows the possibility of a slight P/E contraction to below 17-times earnings as the U.S. bull market continues for a sixth year. Still, S&P Capital IQ said the market’s current fundamentals “support a high single-digit price appreciation for U.S equities in the coming year.”

Technical traders, take note: S&P Capital IQ says that while the trend for the S&P 500 remains bullish, the index is unlikely to make any meaningful gains until the other indices establish themselves above current resistance levels. For the S&P 500 itself, traders can look for support on a pullback to a range between 1876 and 1850, which was the January high this year, S&P Capital IQ noted.

S&P Capital IQ added: “While these levels of support remain intact, and the ascending trend channel remains in force, we continue to be bullish and anticipate further gains.”

Skeptical? Check out Wall Street veteran Sam Eisenstadt’s latest six-month forecast, which sees the S&P 500 hitting 2100 by the end of November.

– Jonathan Burton

Stock

2014-06-04 18:11 | Report Abuse

FEATURED AND EXCLUSIVE & STOCKSTALK | JUNE 4, 2014 8:00 AM
Party not over yet for Inari Amertron



STORY BY
CHAN QUAN MIN
quanmin@kinibiz.com
Can a stock that has gone up five-fold since January 2013 still have legs to continue its rally? Analysts seem to think so. But retail investors would need to expect less than the spectacular returns of last year.

Stock

2014-06-04 16:48 | Report Abuse

immediate strong resistance at 2.70 / 2.30

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2014-06-04 11:31 | Report Abuse

Whatever arguments; inari will go forward after the shake off the contra players. Logic will tell you that contra players are almost out. The dwindling volume reinforced this. After 4pm today or tomorrow we should see uptrend.

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2014-06-04 07:52 | Report Abuse

BUY ON WEAKNESS...NEGATIVE TREND TEMPORARY

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2014-06-02 19:51 | Report Abuse

Game not over for INARI . More to come. Trust me.

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2014-06-02 13:14 | Report Abuse

Alex is just sharing his observations; some news he heard. I believe no bad intention on his part. We should take in positive stride. He, me and nobody can give a guarantee. All postings here should be read as a guidance and decision to buy n sell is up to individual decision.

Stock

2014-05-31 13:35 | Report Abuse

SHOULD BE GOOD TO COLLECT ON WEAKNESS

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2014-05-31 13:33 | Report Abuse

CONFIDENCE LEVEL INCREASING....EXPECT 3.50 FOR JUNE

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2014-05-31 12:40 | Report Abuse

I believe next week a good week for inari.

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2014-05-31 07:21 | Report Abuse

But I would suggest to my friends here.....,please refrain from contra. You might be hurt. I can see there is somebody (an operator) controlling and maintaining the price movement. This somebody is very, very good at catching the contra players. Trust me, if you hold...you can make a lot of money.

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2014-05-30 22:24 | Report Abuse

The last minute buying was snapped up buy a big fund like I said this morning. It snapped up 1 million shares. My source said it had 19 mil to more to buy. Lets see how they are going to buy next week; probably they will take a week or two to complete the 20 mil.

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2014-05-30 11:47 | Report Abuse

K6ii...my normal reliable source.

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2014-05-30 10:54 | Report Abuse

I heard one fund will be buying heavily this afternoon. hope my source is right. Lets pray it do happen

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2014-05-30 10:52 | Report Abuse

Afternoon showtime

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2014-05-30 09:16 | Report Abuse

Lets see whether can break 2.91 1st and 3.00 by today. I myself have doubt...but miracle can happen

Stock

2014-05-29 18:49 | Report Abuse

HOPEFULLY WHAT I HEARD ABOUT TOMORROW, FRIDAY CLOSING ABOVE 3.00 MIGHT BE TRUE WITH THESE 2 HAPPENNINGS.

Stock

2014-05-29 18:47 | Report Abuse

TWO GOOD THINGS HAPPENED : TRANSFER TO MAIN BOARD & INCLUSION IN MSCI TOMORROW 30-MAY-2014

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2014-05-29 14:38 | Report Abuse

From the way its going.......SHOWTIME 4.00PM OR EARLIER 3.30PM

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2014-05-29 09:19 | Report Abuse

Buy mother for dividend next week

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2014-05-29 08:59 | Report Abuse

frame ... can buy BUT no contra.

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2014-05-29 08:25 | Report Abuse

Tomorrow inari will be a component member of the much acclaimed MSCI INDEX. Lets see how the funds both local and foreign will be reacting to this today on the eve of inclusion to MSCI INDEX.

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2014-05-29 08:21 | Report Abuse

Lets see whether it can surpassed 3.00 mark by tomorrow as was told to me. I hope its will really happen. Lets see, I might be wrong

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2014-05-29 08:21 | Report Abuse

steady...its no blaming game...i respect klsenoob comment. this thread is all about exchanging idea and thoughts. We should discuss in a family environment. He might be right about no bonus issue but the reasons might be diverse.

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2014-05-29 08:11 | Report Abuse

klsenoob...maybe he is more concern about dillution of eps. but bonus warrant should eradicate this concern due to staggered conversion of warrant to mother shares which can be control by the tenets of the warrant issuance

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2014-05-29 08:07 | Report Abuse

klsenoob....pardon me..bonus isssue does not dilute his controlling shares since he will be getting the bonus shares as well; thus by his controlling stake remains status quo. If he disagree; there might be some other reasons. I did mention possibility of bonus issue or bonus warrant.

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2014-05-28 23:05 | Report Abuse

HEARD BONUS ISSUE OR BONUS WARRANT TO BE ANNOUNCED VERY SOON AS EARLY AS NEXT WEEK. BUT INCLUSION TO MSCI INDEX WAS CONFIRMED THIS FRIDAY. BIG FUNDS ALL OVER THE WORLD WOULD BE BUYING. MSCI IS AN INTERNATIONAL INDEX WHICH IS THE BENCHMARK BY FOREIGN FUNDS. HAPPY TRADING. MY SOURCE IS CORRECT THAT BY FRIDAY WILL BREAK 3.00

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2014-05-28 16:43 | Report Abuse

i heard by friday should be above 3.00. Hope I am not wrong this time