In all cases which I noticed over the years, where the Co intended to maintain listing status in Bursa, their price normally would trade at 0.10-0.20 above the Special Div/ Capital Return sum after the Co's annoucement.

The most recent example was SCGM (declared SD RM1.85+ Cap Return RM0.36= RM2.21). The Co's share price trade ard RM2.40+ after the Co's annoucement on 09 May 2022. I think the price never stay below RM2.21 since then until the Ex dates.

Anyway, after EX SD N Capital Return of RM2.21, SCGM's price was being pushed up to the highest RM0.70+ and its RM0.585 now.

Not so soon, maybe 3 to 4 months later

Likely will be another round of goreng after Ex Date.

To play safe, buy after EGM

If the deal went thru u will get 0.85+ goreng goreng after Ex date

SD + Capital return 0.85

Intends to maintain listing status

swee woh

Glove Co r only for trading purpose...buy low sell high sell high buy low

All the bosses r very rich with billions of RM cash in their pockets..

They can make better money from goreng shares on n off rather than their glove biz

One TG alone is likely to lose more than RM500M+ this year lah

Either gov or the Rakyat pay for it

Poultry Co makes the same

States election is coming lah

Now Lien Hoe Gang got a new monkey tricks....lol

1 cent?

0.5 cent also nobody want lah by then

Pasukhas goreng for 2 days

If same pattern afternoon will drop

Goreng a expiring WA with Ex Price rm0.90 fm 0.005 to 0.25.....

Crazy

The rights issues is coming soon

Normally 2 days show, time for u to sell

Shit....missed this big fish rebound

Tmr likely another day to goreng few cents up in the morning, then will drop

Same pattern like Pasukhas

Seems Rm1.00 is the support...hope the worst is over

Did a lot of money shows to promote the IPO.....thru Youtubers....and I think even sent some here to promote ....

This year's IPOs got a lot of traps

The above r the shareholders of Tanco as well, leaded by Andrew Tan.

The game started since 2022.

After a series of major corporate exercise this year (20 shares consolidation into 1 and right issues), let's c who else will appear into the top 30 shareholders list in the coming Annual Report 2023 (to be released in June soon).

See whether Andrew n friends will bring all to Heaven or to Holland.....

LIST OF TOP 30 SHAREHOLDERS AS AT 31 May 2022 (Annual Report of Eduspec 2022)

1. CgS-CIMb Nominees (Tempatan) Sdn bhd
Pledged Securities account For andrew Tan Jun Suan (My1868)
3. Inter-Pacific Equity Nominees (asing) Sdn bhd
Pledged Securities account For Chen, Quanqing (aC0106)
6. Chen, Quanqing
9. Cimsec Nominees (Tempatan) Sdn bhd
CIMb For andrew Tan Jun Suan (Pb)
10. Lim Chia Loon
11. Ta Nominees (Tempatan) Sdn bhd
Pledged Securities account For Liang Tian Jing
12. JF apex Nominees (Tempatan) Sdn bhd
Pledged Securities account For Liang Tian Kiat (Margin)
14. M & a Nominee (Tempatan) Sdn bhd
Pledged Securities account For andrew Tan Jun Suan (M&a)
24. Ta Nominees (Tempatan) Sdn bhd
Pledged Securities account For Liang Tian Kiat
25. Shen, yumei
26. Lye Loi Keng
27. Lau Fei Fei
30. Er Chun Tat

I m so envy of U guys

Or mayb many here bought low at Rm1.40+ and is now having 50% paper gain leh

our grapes is better than stuck with hefty paper loss loh....

Post removed.Why?

Share goreng biz will be Glove Co Boss's core biz now as this can make much better profit than their glove biz

Happy trading

Nowadays Glove Co Bosses spend more time to goreng shares....can make more money fm their glove biz

Not bad lah, without impairment loss of RM340m+ it will be net profit of RM30m+

Basing on the current price of RM0.03 n the possible opening price of WC at RM0.01 on 11 May, the mkt value of yr shares n WC on 11 May could be 700K @ Rm0.03 + 300K WC (Rm0.01) = RM21K + RM3k= RM24K

A possible whopping paper loss of RM14K or 36%+ from yr investment cost of RM38K

Assuming u bought 2M at RM0.01 (total cost RM20K) b4 shares consolidation of 20 into 1, then u will have 100K shares after Ex Date (or average cost 100K at RM0.20)

Then u subscribe for the rights issues of 6 for 1 at RM0.03 (600K@ Rm0.03= RM18K)

So your total cost will be RM20K+ RM18K= RM38K

In return, u will have 100K + 600K (rights issues)= 700K mother + 300K Free warrant (WC)

Prior to the shares consolidation of 20 into 1, mkt cap is around RM30M+ (3B+ shares @Rm0.01)

After the shares consolidation and the rights issues of 6 for 1 at RM0.03, mkt cap now is RM32M (1.066B shares @Rm0.03)

Only Ah Chai of TG would tell u all kinds of beautiful ghost stories on Glove biz

The whole consolidation process in glove industry will take years

One off impairment loss of rm300m+

I think Malaysia tech stocks are the most expensive (in terms of PE valuation ) in the world

This year not easy to play IPO tech stocks.....

All opened at few hundred percents higher upon listing day n then drop drop drop

Kossan's Lim is more ethical unlike Ah Chai....had been giving false good picture since 2021....ASP will be higher the worst is over lah all kind of craps

Yeap....the real long term value investors here even suffer 50% to 80% paper loss also never cut loss

Salute

waiting for the time bomb (restructuring plan).....tik tok tik tok

Dont repeat the fate of those glovetards who went thru the bonus issues in 2020

Bonus Issues is their final destination

Sometimes , free one is the most expensive one

Ops some VVIP Platinum membership will come with free T Shirt or free Cap with the Sifu's big head photo printed on it.

Then during July Chinese Ghost Month u can wear the T Shirt or Cap to kai kai at night no worry of ghost

lol this is the most profitable biz model in stock mkt

Showing off yr successful stories (and life style), attracting waterfish to attend your courses n mayb some will subscribe to your VVIP Platinum memberships (earning tens of thousands RM membership fee)....

Then promote the shares u bought earlier to your VVIP platinum members then Gold member then Silver Member then to those who attend your course sama sama goreng to push up the share prices n then u can sell happily

Best if can attract some sharks of penny stocks to goreng bersama-sama

One Wu Chan gone tens of Wu Chan appears

关注股票队长- Cech
出生于 “股票世家”，家族从太公、公公到叔叔都是股票投资者，间接中也启发了我在17岁就开始股票投资旅程。


If he sells char kuew teow (with 3 or 4 generations also selling char kuew teow) I may consider to give him a chance lah

Anyway,

1) Jon has been missing from I3 for sometimes...maybe he is now a happy private fund manager for some rich old guys

2) Icon8888 also missing from I3 for sometimes...though he appeared shortly in I3 few weeks ago but quickly deleted his comments (mayb too rich oredi now scare kena kidnap so keeps very low profile)

3) Kcchong also missing from I3 for sometimes...happily playing with goats or sheeps or donkeys in New Zealand now i guess

https://klse.i3investor.com/web/blog/detail/Sslee_blog/2019-02-15-story-h1457041931-A_satire_glimpse_into_I3investment_Bloggers_Day_2024

Mayb the Organizer can get some ideal for the speaker candidates of I3investment Bloggers Day 2024

For those who r still holding, you will suffer hefty losses if u don't subscribe the rights issues.

However, if u subscribe the rights issues, there will likely 2 outcomes:

1) end up Menara Lien Hoe way....u will lose more

2) end up Tanco way, u will laugh to the bank

Place yr bet pls.