Investing Experience -
Risk Profile -
Followers
0
Following
0
Blog Posts
0
Threads
2
Blogs
Threads
Portfolio
Follower
Following
Summary
Total comments
2
Past 30 days
0
Past 7 days
0
Today
0
User Comments
Stock
2019-07-07 17:09 | Report Abuse
VenFx, I don't think the exercise will dilute their earnings. Coz they will get RM 67.5 Million after the exercise. They can use the RM 67.5 Million to pay down debt or expand the company.
If they use the RM 67.5 Million to pay down debt, the interest they need to pay is lower and earnings will be higher.
If they use the RM 67.5 Million to expand the company, their earnings will grow.
We have to see how they use the money.
VenFx Earning Dilution will be around 17% , post exerise .
06/07/2019 9:22 PM
Stock: [TEOSENG]: TEO SENG CAPITAL BHD
2019-07-07 18:00 | Report Abuse
Mil888, the controlling shareholders and their family members have 28 million units. Will they let the warrants expire worthless?
If they let the warrants expire worthless, they would lose millions of ringgit.
If warrant holders exercise them, Teo Seng would get RM 67.5 Million cash.
What would you do if you were the management?
Mil888 Warrant holders all wil black out. Kill all warrant holders in next quarter - August announcement. Profit drop 50-60% in coming quarter.
06/07/2019 9:05 PM