James_Bond

James_Bond | Joined since 2021-02-24

Investing Experience Not Disclosed
Risk Profile Low

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Stock

2023-12-15 07:53 | Report Abuse

After 6/12/2023, you r not entitled to get the right issue at 3.60 anymore!

Right issues mean the company not enough cash and need to borrow money from shareholders, instead of bank with high interest! This right issue will dilute earning per share of SAM.

Looking into the company that SAM going to purchase, there is no profit guarantee at all! To make thing looks fishy, SAM is buying it at a premium price!

The right issue of 3.6 means that SAM worth around 3.60 based on the board assessment. Any price beyond 3.60, you r buying at a premium with new SAM shares to flood the market soon.

Knowing the SAM management for years, they always promise something big but can’t deliver it and can’t honour the promises. Short at all cost!

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2023-12-15 07:36 | Report Abuse

On behalf of the Board, Maybank IB wishes to announce that the Board had on 7 December 2023 resolved to fix the issue price of the Rights Shares at RM3.60 per Rights Share (“Issue Price”).



The Issue Price was determined and fixed by the Board (save for the Interested Directors) after taking into consideration, among others, the following:



(i) the theoretical ex-rights price (“TERP”) of SAMEE Shares based on the 5D-VWAP of SAMEE Shares up to and including 6 December 2023, being the last market day immediately preceding the price-fixing date, and the Board’s intention to fix the Issue Price at a discount of not more than 12% to the TERP of SAMEE Shares.



The Issue Price of RM3.60 per Rights Share represents a discount of approximately 10.43% to the TERP of RM4.0194 per SAMEE Share. The TERP was computed based on the 5D-VWAP of SAMEE Shares up to and including 6 December 2023, being the last market day immediately preceding the price-fixing date, of RM4.1242 per SAMEE Share.

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2023-12-13 15:37 | Report Abuse

Brent oil price only USD 72! Short hibiscus at all cost and earn your Christmas present! Haha!

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2023-12-13 15:32 | Report Abuse

Congrats my comrades! We r laughing to the bank! Merry Christmas! Cheers!

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2023-12-13 15:29 | Report Abuse

Let’s short hibiscus back to less than 2! We could do it! Cheers!

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2023-12-13 15:14 | Report Abuse

Remember, I m 99% right! Let’s Short SAM and win big!

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2023-12-11 11:55 | Report Abuse

Welcome on board to YTL battleship! We r on course to the north! Haha!

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2023-12-08 15:41 | Report Abuse

Let’s short this overvalued debt laden SAM and win big by shorting on SAM!

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2023-12-08 15:25 | Report Abuse

Go go go msm! Haha!

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2023-12-08 15:04 | Report Abuse

Congrats my comrades for following me to buy and hold MsM! We r laughing to the bank! Merry Christmas! Cheers!

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2023-12-08 11:07 | Report Abuse

Sold some at 7.35! Cheers!

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2023-12-07 16:32 | Report Abuse

Going to use the profit to buy Starbucks merchandise later as Christmas presents… cheers!

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2023-12-07 16:22 | Report Abuse

Matched sell 7.20/7.21. Thanks! Merry Christmas!

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2023-12-07 16:04 | Report Abuse

I closed my short on bjfood. Thank you very much for the early Christmas presents!

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2023-12-07 15:18 | Report Abuse

Yes, we did it, hibiscus crashing below 2.40! Let’s short it further down!

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2023-12-07 15:11 | Report Abuse

Economic crisis is brewing huge in China! You think how much oil price will go up! Smart investors will know oil future is bearish!

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2023-12-07 15:02 | Report Abuse

Be informed that I will be taking profit on Vitrox slowly. Let the latecomers could join in as well! Cheers!

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2023-12-07 14:57 | Report Abuse

I m loving you, Vitrox! Cheers!

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2023-12-07 14:40 | Report Abuse

Your serbak ship had sunk! Meow still wan to drag more ppl to buried with you?! Goodness!

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2023-12-07 13:07 | Report Abuse

Go go go Vitrox!

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2023-12-07 12:18 | Report Abuse

I hv been shorting hibiscus from 2.8+ till now… pity those who listening to BobXX and the rest of late-comers chasing high…

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2023-12-07 11:19 | Report Abuse

We could do it, let’s short hibiscus below 2.40 today! Haha!

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2023-12-07 11:18 | Report Abuse

Short SAM! Short! Short! Short!

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2023-12-07 11:17 | Report Abuse

Congrats comrades for following me to buy dirt cheap low price below 5.20! Cheers!

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2023-12-07 10:35 | Report Abuse

Good chance to earn money in this bearish oil market! Haha!

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2023-12-07 10:34 | Report Abuse

Let’s aim to short hibiscus to break 2.30-2.40 today and 2.20-2.30 tomorrow! We could do it!

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2023-12-07 10:06 | Report Abuse

Congrats my comrades for buying MSM at dirty cheap low below 1.30! Cheers! Haha!

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2023-12-07 10:05 | Report Abuse

Congrats my comrades for shorting bjfood! We r laughing to the bank! Haha!

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2023-12-07 10:03 | Report Abuse

Congrats my comrades for buying vitrox at dirty cheap low! Cheers!

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2023-12-07 09:17 | Report Abuse

Where r those shouting buy hibiscus at 2.7-3.0!? Serve you right for not listening! Haha!

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2023-12-07 09:16 | Report Abuse

Brent oil crashing to USD74! Good time to short Hibiscus! Comrades, let’s short hibiscus together!

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2023-12-06 15:17 | Report Abuse

SAM is going to use public fund raising to purchase overpriced “Aviatron” from its major shareholder Singapore Aerospace Manufacturing Pte Ltd (SAMPL), which controls 62.49% of SAM. This project sounds fishy by buying at premium price without profit guarantee! Sell/ short SAM at all cost!

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2023-12-06 11:39 | Report Abuse

It is right time to short SAM! Comrades, let’s short SAM! Ini Kali-Lah!

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2023-12-03 10:36 | Report Abuse

China oilfield could flood the oil market and make oil cheaper and affordable! No more energy crisis! Kudo!

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2023-11-29 22:11 | Report Abuse

PCHEM declared bad QR! Let’s short PCHEM till this battle ship sinks below 6!

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2023-11-29 09:55 | Report Abuse

Of course I m in huge profits, shorting from 4+ to 3.10. My colleagues hv been shorting D&O for the past few weeks. Good Luck!

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2023-11-23 20:21 | Report Abuse

Congrats my comrades! Haha!

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2023-11-23 14:32 | Report Abuse

Dehcomic01, no doubt you clearly failed your maths!

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2023-11-23 14:31 | Report Abuse

Calculated ROE 15+% from the latest QR! Expecting GenP to go back to NTA and above!

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2023-11-23 13:07 | Report Abuse

Lousy QR! Short scomnet at all cost!

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2023-11-23 12:23 | Report Abuse

I m right again! Loving you MSM! Haha!

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2023-11-23 12:10 | Report Abuse

Another Serbak 2.0! Short coastal at all cost to earn back your losses!

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2023-11-23 12:10 | Report Abuse

I m right again! Haha!

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2023-11-23 11:45 | Report Abuse

High order book but cant reach customers due to no US customs clearance for suspected connection with forced labor! This high order book is useless!

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2023-11-23 07:31 | Report Abuse

Bro Pang, time to short Greatec!

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2023-11-22 16:51 | Report Abuse

Hi Bro Pang. You r here. I m busy shorting this share, let’s short together and Huat together!