If you like Bonus shares plus warrants look at Oversea Enterprise. 3 for 1 share split and 2 for 1 warrant. EGM 2nd February. Just in time b4 CNY celebrations.

EITA looks to be on same path as EURO. Small share capital but most importantly cornered by major shareholders.

Welcome @ Innerpeacee

EITA up @2.75. If break price 2.77 next uptrend will be 3.02. My guess is it will hit 3.50 b4 ex-date.

Will buy more to help uptrend.

Meanwhile JFTECH looking nice and should limit up again by lunchtime.

Worthwhile to accumulate more as I reckon warrants will be listed at least 0.60.
You need to wait 2 trading days tho to reach the 0.60 as 1st trading day Warrants will limit up at 0.305.

Hope everyone makes good money from SCIB

Smart move @ Innerpeacee.

The warrants will be traded at at least RM1 when listed.
3 EITA shares entitle you 3 Bonus shares and 2 Warrants.
Happy Blessed CNY.

Buy EITA as the BI with warrants is going to ex-bonus 27 February. Warrants conversion is 0.70 per share.

Happy making money everyone.

JF Technology will Limit Up today at 1.96. This is my hunch. Don't sell if you have already paid for the Mother share. Hope everyone makes good money to Celebrate CNY 2021.

From Bursa Announcement

Remarks:- The Bonus Issue of Shares with Warrants will entail the issuance of 692,998,755 Bonus Shares to be credited as fully paid-up, together with 461,999,170 Warrants on the basis of 3 Bonus Shares together with 2 Warrants for every 1 existing JF Tech Share held by the entitled shareholders.



The Bonus Shares and Warrants will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 3 February 2021, being 2 market days after the submission of the quotation application for the Warrants to Bursa Securities.



The notices of allotment for the Bonus Shares and Warrants will be issued and despatched to all entitled shareholders not later than 4 market days after the date of the listing and quotation of the Bonus Shares and Warrants on the ACE Market of Bursa Securities.



The Company had on 30 December 2020 executed the deed poll constituting the Warrants.

I read somewhere that the bonus shares will be credited to your CDS account on 3 February. Can someone confirm?

Hi All The warrants when listed will limit up at 0.305 with very few sellers. It will probably take 3 to 4 trading days before you can buy any warrants, my guess only.

Correct me if I am wrong.

@Hooi369 When someone sincerely give you a good tip on EITA, pls hv courtesy not to mock the counter.

EITA is a good company paying decent dividends. It has a small share cap of 130 million and the major shareholders hold around 62% shares leaving small free float of 38%.

The BI with warrants is ex 27/1 and the warrant has low conversion rate of 0.7.

I am holding shares in JFTECH, SCIB, EiTA and Scientex.
I believe in sharing my information to help everyone have a great CNY.

Hi fellow SCIB shareholders. Pls also look at EITA which has BI of 1 for 1 and Warrants 2 for 3. Conversion price 0.70. BI entitlement ex 27th Feb. Let's make more money for CNY. Good luck all!

Hi Ally pls add me to your private group. Thank you

11 Trading Days till ex- Bonus and Warrants. Good price to accumulate today ard 5.00 or slightly more. Once it breaks the 5.12 expect another 25% upside.

Exercise price of Warrants is rm1.16. Pretty attractive. Another EURO Holdings perhaps??

After I make complaint to SC and Bursa, suddenly Announcement on Bursa today on BI entitlement dates for 3 for 1 Bonus and 2 for 1 Warrants. Cum BI is 19th January 2020. Finally...

I suggest other serious investors and disgruntled shareholders do the same and complain to Bursa and SC on the irresponsible timeframe non-compliance.

JFTech Board of Directors and Senior Management really con-man. The EGM circular for BI has timeframe stating the BI and Warrants to be completed by year-end 2020. For Goodness sake, today is already 30th December 2020 and still no dates announcement on BI entitlement date.
I am going to launch an Official Complaint to Bursa Malaysia and SC on the misleading and manipulative information given by the EGM circular and ask them to take immediate action on the BOD and Management. I have been holding on to the shares for almost 2 months now.

Placement completed at RM3.60. Expect at least 20% upside for subscribers for placement at RM4.50. Last placement 30th June at Rm1.27 and share moved gradually upwards to RM5+.
The placement share premium will add to shareholders funds to prepare for Bonus shares issuance soon.

Based on current QR3 EPS of 8.0 sen annualised would be 32.0 sen. Based on today's closing price forward PE X is less than 12X. Look at this share price compared to Technology stocks PE X of more than 40 for stocks like Greatec, MI, Vitrox, UWC, Penta.

Superb result. QR3 EPS per share increased more than 125% from QR2 if you exclude exceptional profit from disposal of 50% JV coy to Ansell.
BS shows rm38 million in FD and reduction in short term borrowing from rm68 million to rm28 million. The earnings reserves has also increased substantially.

Will Careplus share plus plummet after it reports a better set of QR results. I don't think so. Recall that when it released it's previous QR results for June 20, the price increased for the next 2 weeks.

Careplus has a good production roadmap for increasing it's gloves production capacity till 2022 doubling capacity all the way.
Unlike hyped up stocks like MahSing, Notion, HLT etc Careplus has substance and credibility in it's management and financial deliverables.

QR1 results for Supermax slated for 28th October. This was mentioned in Morning Call with Smart Robie show by Martin Wong. Also 28 is auspicious number so expect good sets of results. Another 7 trading days to go. Expect Supermax to breakout of highest price rm12.20 ex-bonus prior to QR1 results release.

The Gloves stocks price rise is artificially suppressed by IBs and fund managers by pushing down the KLCI daily by pushing down Nestle, Pet Dagang and PBB. Look at the small volume but the price downwards greatly affects the KLCI index. Time to seriously review Nestle as part of the constituent of KLCI.

The Gloves stocks price rise is artificially suppressed by IBs and fund managers by pushing down the KLCI daily by pushing down Nestle, Pet Dagang and PBB. Look at the small volume but the price downwards greatly affects the KLCI index. Time to seriously review Nestle as part of the constituent of KLCI.

Need to clear roadblock at 3.90 to move to next price level of 4.30.

I am just curious, if OTB has Supermax PAT at 989 mil does that mean QR1 EPS is around 0.40 and annualised is 1.60 per share. Based on PE 10X should be RM16 right?

@crawler Totally in sync with your views. TS has taken a price bashing the last few weeks but regardless its fundamentals is intact as we await QR3 results in around end October. TS will shine if it improves on QR2 results by a commendable %.

This counter really doesn't want to move up. It has potential to be a rm1.50 - 2.00 priced counter but so far only retailers playing on false hope... sigh.
Look at Komark... loss making and raising funds to start face mask operations, already above rm1.10.
Sometimes I wonder if anyone bothers about profitability now or 1st mover advantage.
Sharks and retailers just want to up the price on hyped up announcement.

Always Harta and PBB that weight KLCI down. Hopeless Kuan and Teh. Both helpless to defend their share prices. Harta is the useless glove counter among the top 4 glove counters.

@SwingTrading How's the TA now for Tekseng with volume and price picking up?
Thank you for your advice

@

Some action on TS. Volume up slightly.

@ Patrick13 Somehow the figures given by Theedgemarkets report doesn't tie-up. Oceancash mentions that it's annual production capacity is 8,000 tonnes which is higher than TS's current production capacity of 300 tonnes a mtg but Oceancash cash only reported Quarterly rev of 19 million vs TS's 41 million and PAT of 0.11 million vs TS 6.0 million.
Granted TS have other products line under PVC etc but somehow this is still puzzling.

Oceancash is up by 0.125 to 0.875 after the Theedgemarkets report on expansion of PPE production capacity. When will TS take the lead?

@SwingTrading Is the price uptrend still on track?

Operators seem to be in today. Lots of buyers but roadblocks at 0.78 and massive roadblock at 0.795. Let operators play.. I sit back and observe

@ stockraiders it always take two to Tango. Why cant the company TS implement a share buyback scheme to support the share price if the company is undervalued and is profitable going forward. TS has a pile of money to undertake shares buyback.

Unless the Directors are in cahoots with Operators and torturing the small retailers.

No volume today. Nothing happened at AGM I guess.

@rr88 Hi what's the TP for Pelikan. I like it's fundamental.

@Hahahamoneycome Probably now at Angpows Giving Ceremony to media reps. Please write good story in newspapers and tabloid. TQ.. Here's a BG Angpow for your creative writing effort. Kamsiah. Terima kasih. Lol

Stalemate volume at 9.30 am. Stuck at 0.815. Lots of sellers parked at 0.815 to provide roadblock.
My hunch is that there'll be not much action b4 12pm as the AGM starts at 10 am and media Q& A probably 11 am onwards. I have a feeling that the Directors dont want to do any price pushing prior to media briefing, maybe later today only start as any substantial price increase may raise UMA hahaha I hope.

I hope I am right but don't take my views as Gospel truth.
End of the day the Sharks with Directors backing decides. Small fry like me can only Hope and Pray for price to hit Rm2.00 within 6 trading days Lol. Anyhow @babi shark has swam away long ago after his promising rm2 message...Sigh

@SwingTrading thank you for the clarification and sharing of your analysis.
Tmrw is AGM Day. Nice gift for all shareholders if Directors provide positive expansion of capacity status and new developments at TS. We need some new adrenaline to boost TS price upwards again.

@SwingTrading Not sure what you mean. TS bottom out and now ascending?

Already bounced from below trend , will try to find hit above soon.

@rr88 Respect! Your technical analysis skills is astounding.

@thetrueinvestor Yup! When the small fry punters suffer big losses from a price reversal of Bintai, they will realise what Bintai in Cantonese means.

I hope the smarter retailers don't get burnt by a sudden price reversal.

Joke of the Year. Bintai sign MOU on vaccine development with small American vaccine research company ... priced higher than Tekseng. Bintai has no experience or expertise on vaccine plus Bintai is Loss Making.

Meanwhile Tekseng which is profitable for 2 Quarters with a commendable EPS of 3.2 is not priced higher.

Hope all changes after AGM media briefing tmrw. Hope and pray for good announcement by the Directors of Tekseng

@tonypang01 Pray you are right especially on AGM media briefing. Obviously the owners of Tekseng didn't build up the price nicely to rm1.30 to see it goes down to 0.775.

@babi shark There may be some truth in your insider story of TS touching RM2 by month's end but somehow the big operators decided timing isn't right. Anyway 7 trading sessions left to see if it happens

Still hoping for a upwards price turnaround. The operators are nibbling the retail sells ?