. .Well dun robotop... Tqvvm bro its crystal clear what is to be expected. In summarily.simulation mathematical expectation

If you hold 3000 lot. Profit fm RI RM 35,000
Meaning...

For every 1000 lots hold
profit fm RI RM 11,667 roughly

For 10,000 lots profit RM 116,670

Thats just profit........
Lets follow Affin Hwang Strategy

It can be anticipated that units stock can be more than 60¢ at the calculated timeframe..

.Issue is why admin I3 delete? Or is it being instructed to do so by certain quarters? Moral and etique of this forum is being breached. So what values are I3 admin try to portray. I questioned rationality of this practices. Good info for the benefit of us traders here are being denied by I3 Admin... Again it reflects the level of transparency and integrity of this web domain.

T&c applies as stipulated on signing to this forum chat.

Disclaimer

Aiikkk... Somebody most likely admin???? Deleted Robotop calculation.... Why? Disgusting...
Admin I3 why this happens? Your re responsible for deletinge statement post by Robotop i reckoned?..

Why pointingvto I3? You re the process owner ..pls be fair and accomodative to chatters here. We re here to exchange views and sharing info.... Please in future do not behave un proffessional

My advice this is very bad practice...... SAD THAT I3 practices crynoism and kleptrocracy attitude...

Yess rite mudz...at least we can expect and know the gem hidden behind..cakculative moves in trading

.Small matter bro nagachan... But the calculative methods is of interest .but good pick up too on ur side...meticulous tqvm its true

We communicate in lot of 1 lot 100 unit shares

.nagachan Robotop, do your maths properly. 3000 shares X 70sen where got RM210k. Is only RM21k
25/07/2020 12:00 PM

Emm 3000 lots nagachan....

Sugar and honey embedded package... Great stuff i reckoned...opportunities are there

Grow our money through good ROI

This is fact....... And not dreams ..

Limit up soon

Not bad

Art of strategy to maximise ROI....play on opportunities basis and push the right button ....trade wisely

TokAbah @..Free warrant definitely public will collect maa. Afterall this presbhd worth RM1 or could be more considering their business prospect not includes compensation that they will get by any means whatsoever
24/07/2020 11:19 AM

Yesssss tokAbah u rite.... Thats the strategy... Once you get at .20 sen...plus Free warrants..imagine ROI.... Smart move.

So hold tight.... Accumulate to collect at .20 ? Why? To average down the total holdings....

Thats why fund mngrs are collecting while it can ....

At 0946:06.... Some fund mngrs buying 5000 lots.....at 0.50¢. is a good indicator where the direction is heading....

Limit up soon or surely hdg north very clear

Look at pharma and glove sector...the env dictates the uptrend or downtrend based on demand and supply theory.

Sector IT is hot and ever evolve for new tech and etc...to cater for the demand style of living and economic expansion... Its dynamic...opportunities for Presbhd in IT 4G. ..5G based capabilities are vast open..just need to push the rite button .emmmm

The statement 24/7/20 © 1246am... If digest and read line by line..in general presbh is telling of
a. Accumulating capital..for OE and OD.
b. Something big the compy is embarking... So stakeholders should applaud and cheers off.. trade off here and there are part of the Board and planners synergising the company stance to accomodate all the planned and strategic moves..for better ROI for compny as well as stakeholders..
c. Capital accumulating strategies and tactical bz moves can come in many forms deemed suitable and workable for max benefit for compny and stakeholders...
d.frm now to 21 Jan 2021... 6 months ..anything can happened and surely very positive i sure of that... Presbhd is the winner regards to the dispute.. No doubt...

Just an opinion.

.quote.

Source:KLSE Screener KLSE Screener

Prestariang seeks to raise RM35m through one-for-three rights issue
TheEdge Thu, Jul 23, 2020 09:44pm - 3 hours ago


KUALA LUMPUR (July 23): Two days after proposing a private placement of 15% of its shares to its founder Dr Abu Hasan Ismail, Prestariang Bhd today announced another cash call.

In a bourse filing, Prestariang said it is planning to raise a further RM35.37 million via a renounceable rights issue of ordinary shares with free detachable warrants.

The rights issue will involve up to 176.84 million new shares at an issue price of 20 sen per rights share, on the basis of one rights share for every three Prestariang shares held. The rights issue will come with free detachable warrants, on the basis of one warrant for every one rights share subscribed.

Together with the RM27.85 million injection agreed to by Abu Hasan on Tuesday, Prestariang is aiming to raise a total of RM63.22 million through the two corporate exercises.

Abu Hasan will take up a total of 79.58 million new shares or a 15% stake in the company at 35 sen per share with free detachable warrants on the basis of one warrant for every placement share.

Of the total proceeds raised, Prestariang said RM28.3 million will be used for working capital, RM17.51 million for business expansion for new product offerings and RM16.5 million for partial repayment of advances from directors as well as redemption of the redeemable secured loan stocks.

“Barring any unforeseen circumstances and subject to all required approvals being obtained, the proposals are expected to be completed by the fourth quarter of 2020,” the group said.

As at July 20, being the latest practicable date for the corporate exercises, Abu Hasan did not hold any shares in the company.

As part of the corporate exercise, Prestariang said it is also establishing a long-term incentive plan, which comprises an employee share option scheme and share grant plan of up to 15% of the issued share capital of the company.

Shares of Prestariang closed one sen or 2% lower at 49.5 sen today, valuing the company at RM263 million. The stock has rebounded 330% from its recent low of 11.5 sen on March 19.

Capital raising strategy can be of many facets... All these means that the compny is on the right track and commited to bring the best ROI to its stakeholders i reckoned

Pls read line by line.. RI...true but its compensated with free warrant and further enable us to aquire unit share at .20 ¢. Why not.... Its adv to us trader.

And plus other initiTives and clear direction for compny dev and expnsion... I think this is good and leverage many initiatives positively to us traders.

Do u think so..

.Solomon7...yes true. Agreed ...
Fund mngr affin Hwang now hold 10.799% of total compny share...and becoming substantial holder...an increase compare to her holdings fm 4.789% on 23 Jun 20 previously. What this indicator points to? The stock value is heading north. Something big is brewing.



Limit up soon... Emmmm tighten your seat belt..

Present env....badly need IT sector as catalyst fir economic dev and moving foreward.... Otherwise we will lag

If u do not want to drop then use tongkat bro..otherwise pull up.....yourself... The pull up imperatives are there..already discussed and table out..see scroll up..up to ur judgement to see or not to see things..do not lament..its a sign of fatigue.... Rejuvenate bro...do not worries..... We sail together ..holds hand we will be steonger yeahh

Market behaviour..oscillating. ..uptrend momrntum intact... Push factors are there for sure.... ..

Robotop TA is awesome as guidance but trade on your own risk and ingenuity

Waiting for turbo charge...mindful with the update news... Either suspended for next strategy or limit up... Pls alert....

Support at .49 strong

Good news..is the stock is heading north...engine Fire up standby...leaving port soonest..hold the tickets before sold out......

Good closng and very positive

Xuxu..your choice..... Your preferences..we re here just discuss here and there regards stock performance for ppl like us traders.. Decisions is ours...... Trade wisely

The day is shinning

Yess .testing .52 ... Ppl buying at .52 ...in thousands per shot.... Hot goreng pisang... Something is up the sleeve.. Robotop have mentioned earlier TA indicating upward trend....

Seems its coming ..yess
Limit up in the corner guys

Limit up

Suggest scroll the forum earlier ... Its all there...

Please try to understand the rational and why the things happened that way.... There must be reasons behind the move and its legal and allowed within the Bursa ruling....

.Howard38 The 15% new share to the CEO is only RM0.35 per share while we are buying in the market @ RM0.50? Good choice?
22/07/2020 1:43 PM

Hahaaa howarrd... You must be aware that the aquisition deal based on HOA( Heads of Agreement) between both parties prestariang cmpny and its CEO at .35 for a certain purpose and objective.

Pls referred to Bursa Announcenents details.

If you wish to get at that price.. suggested u offer yourself to be ceo.... Heheheee

Hahaa agreed robo...look beyond.... Not just whatever infront

I conccured Robotop analysis.. Great job Robo for highlighting . Hope its beneficial all

The price .35 is in accordance to HOA governs the acquired transaction between the Prestariang Compny and CEO directly ... And this is good. Why?Good for the conpany a way for capital raising without the need for RI.

Limit up comning....

zerocool7199 .DescriptionPRESTARIANG BERHAD ("PRESTARIANG" OR THE "COMPANY") - HEADS OF AGREEMENT BETWEEN PRESTARIANG AND DR. ABU HASAN BIN ISMAIL IN RELATION TO THE PROPOSED SUBSCRIPTION OF 79,579,740 NEW ORDINARY SHARES IN PRESTARIANG, REPRESENTING APPROXIMATELY 15% OF THE TOTAL ISSUED SHARES OF PRESTARIANG
21/07/2020 7:34 PM

This is good news bro. Why? Reflected in the strong buy indicators in today dealing.

A way of the company raising capital to strategise compny bz stance without diluting the share ie not through Right Issues RI as mentioned by Robotop.

Thats why the value uptrend. .this is very good news..something big is brewing..

. Tomrow limit up..

Why? Via HOA... Win win.. the CEO acquired all 80 mil share on his capacity representing 15% of the total share in the market, pay the company amounting to RM 27.85 mil without diluting the share and this strategy further consolidate the working capital for in coming new projects etc....either barter trade with the CA but of the same or more values stipulated in the CA as agreed and deemed profitable to the company...
.
Stay put bro.... Presbhd leaving port heading north.

Agreed with Robotop.... Well deliberate

So.... Presbhd fighter buldoze through the weather no wurries use GPS sure will never loss...unless u fail to get the signl...emmm

Fm legal aspects the most likely Presbhd on the upperhand and already won the case.
Now in dispute is the Quantum of the amount.
Most likely Presbhd will be awarded $723 mil plus plus for sure OR of similar quantum in other forms.....

Thats for sure.....

Well dun oresbhd close .51 cent... Limit up soon

Hahaa
lee_m2020 likely the gov will win if it wanted..
21/07/2020 4:28 PM


You better return to school lee.... U baseless... Berserk..nuts

Sometimes you win, most of times you win.. but not all time you could win bro.... Even the sky has limit... Try go fly into the sky as if you are on earth surface... You will sooner gasping for o2... Lter choked ursrlf..worst case die standing...hahaaa or even your physical body explode vanished ..as if u re of no existing..hahaaa

This case initiated by presbhd and started Aprl 2019 after all avenues of outside nego failed...... Let the arbitration court decide. And all this time presbhd emerge the upper hand ..based on Agreement of contract and CA if any party default


The GOM clearly the defaulters... And admitted it.
Only the court to decide the quantum... And right now the GOM delaying tactics.... What u think to the precedent to the whole pic of our legislative standings.... Emmmmm

What ever it is..the GOM in power liability... Why wurries? The amount clearly stated $723 mil....++++ Interest and others compensation deemed fit and likely.... The longer the GOM..delay...the more accrued $ and ¢ plus other added liabilities.....

The dispute is clearly being delayed intentionally by the GOM with motif of course... But but end result liabilities of the GOM stays intact... No way GOM can dumped or sweep under the carpet.... Its the Law.......

.khpwwl Coz if out of sudden change govt again.... Lagi teruk... Wang compensation tak dapat, project lagi tak tak dapat...
21/07/2020 3:04 PM

Khpwwl..you re wrong here...

Why? Who ever GOM of the day..the baton pass to the GOM in power to settle the dispute.. no matter what.

CA is there and will not change ......but may be more added to the amount. Why? The comp loss if accrued income and op capital...... Plus interest more.

My viewss.

Hahaaa cicak u rite heading north for sure

HahAa....good news soon for those brave guys

Be prepared for counter to be suspended for announcement. May bee

Info News Dated 7 July 20.

On June 17, CIMB Commerce Trustee Bhd emerged as a substantial shareholder of Prestariang Bhd after acquiring 24.12 million shares, or a 5% stake, of the integrated information technology platform service provider.

CIMB Commerce Trustee is holding the shares as a trustee for Affin Hwang Multi-Asset Fund 3.

The 5% stake makes CIMB Commerce Trustee the fourth largest shareholder of Prestariang, after Maybank Trustees Bhd for Areca Dynamic Growth Fund with 16%, CIMB Islamic Trustees Bhd for Affin Hwang Multi-Asset Fund (8.29%) and Kumpulan Wang Persaraan (Diperbadankan) (5.27%).

Current substantial holders of Presbhd
Source. KLScreener

3 white soldiers marching on hahaaaa