It just does not make sense to me to sell below 1.05, the ex price. Maybe some ppl see their shares increased by 5 times, then want to sell some, but if you want to sell even less than 1, why not sell last Friday at 5.25?

MZM2511, you're right, and thank you very much for correcting my mistakes!

Would appreciate any sifu's help....on the 2 passages from P. 39 of the RI circular:
1. "Assuming all 112,015,160 outstanding ESOS Options are exercised at the exercise
price of RM0.05409 per ESOS Option..."
From bursa announcement 21 May: "No. of shares issued under this corporate proposal =92,438,528."
I suppose this means about 20mil ESOS options have yet to be exercised, correct?

2. ".....the recognition of 2,861,936,149 Warrants B at the theoretical fair value of RM0.027 per Warrant B as extracted from Bloomberg as at the LPD"
How Bloomberg obtain the value 2.7sen?

If I understand correctly, the list price of warrant= Share's theoretical ex price-Warrant's exercise price, so if Kanger's ex-price=6sen and warrant's exercise price=5sen, then warrant's list price=6-5=1sen....correct? Does Bloomberg expect the warrant's price will go from 1sen to 2.5-3sen soon after listing?

Oh, just want to clarify about my claim nobody sane want to buy warrant now and pay another 2.30 to convert. This claim may not apply to huge investor! Eg. Inventec bought millions of OR at 4.5 Sen from company bosses, although open market was selling at lower price. Buying or selling huge volumes in open market changes price too much!

Brusacasino thanks for confirmation.

Bull and Danny, you are right. Although in principle can pay another 2.30 to convert now, no one will do that unless want to donate money to company, LOL

MZM, thanks. Yes, investment is not a zero sum game.... kena sabar tapi all parties involved boleh untung!

As the RI is coming, i baca sekali lagi ni:
https://klse.i3investor.com/blogs/hsb23/2021-06-27-story-h1567060125-Should_you_subscribe_to_KANGER_0170_rights_issue.jsp

Reminded of two key points: 1) 19% discount to the condo block with all the selling points, ie. as judged by the management, this is an excellent deal and the boss has committed 20mil, and will borrow from bank if RI not able to raise the money needed. (But i think it will be able to). The condo will be ready by 2026. By then Genting should be open... 2) The lowest Kanger share price was 4sen.....so loss is 33%max in a sense....). From the Circular: The diversification to construction will be a 25% weightage and company has already secured 6 projects worth ~500mil.

For me, seems worth to subscribe to the RI, and dah mula sikit-sikit simpan bullets, haha....
The vaccine if dapat pada Ogos, it's a bonus lor...
Hope to hear other pro and con ......Hope we huat together!

Brusacasino Your calculation has an error because you get 3 warrants for 10 share, so it's 2.16-.305*3/10=2.0685,yup still lose money if you bought at 2.16

This is also why I hold my warrant but I don't have a lot, haha, so more like a game now

If someone starts to buy 45mil mother shares from open market, will it not drive the price up to more than 2.60? Yesterday, total trade volume about 4 mil only. Today the selling queue from 1.96 to 1.98 only .3 mil....Ya wonder if the group can just negotiate with comfort directly.... I really don't know enough!

Do your own assessment....me no guru so pls don't blame me if i wrong :)

My calculation: 0.3x=174mil warrants, so total mother shares now x=580mil, so enlarged share base (assuming full subscription)=580+174=754mil, so 45mil is 6%. Please check...might have missed some details.

Some Group wants to be major share holder by getting 45mil warrants, more than 5% enlarged total shares? If so, will this groups be willing to pay more that 2.30+0.305=2.605 per share? If so, then wait until tomorrow before selling your precious warrants! For me, i just take the risk and wait until tomorrow......

Mid June already 3, so think should go back>3

Recovery of businesses in UK, Bahamas and USA despite some increase in cases due to delta?

Yes, just now checked: between 18 to 30 June, EPF disposed ~16mil shares! Bought zero. Think that's why can't go up....so once EPF stops disposing, can expect upwards movement!

ピカチュウ since I encourage subscription, I feel a moral responsibility to warn ppl never take loan from Ah Long.... don't blame me for your action....I know some one whose life was and still is broken bcos of it! Sayonara!!

Pikachu 頑張って下さい

Pikachu I think one should subscribe, if not all, at least what can afford. I just now subscribed through my reminder at public bank

I tend to agree with several sifus' view here: this counter worth holding for longer term. Good luck all.

(but not on the price of OR was too high. Remember Inventec bought at 4.5sen)

Pikachu i agree with hakubasnow. I posted a reminder of closing date and some examples of calculation of profit if one subscribes for the right share.....

Nokchin I plan to wait for 6 months to see if ventilator get approval or not before selling any.

Sanichi hired an experienced manager for the glove venture, and plan to locate factory at pasir gudang. I think good choice as it's near port. With more variants, the covid will be around for a long time as it evolves into an endemic In fact, Singapore is planning it's defence along that endemic direction. Sanichi aiming to start production with 6 lines in Dec. Hopefully it will not have issues faced by TG with US, and able to pull it off to reward us as shareholders!

Maybe me got it wrong, but could it be that all the slow approvals of other vaccines like sinopharm etc was intended to allow Pharmaniaga to make more money first? Or is it just pure inability to speed things up?

nokchin Thanks for the update on Marina Point. aI think Plastic injection mould also real. The ventilator if approved will be bonus. My cost is around .10, so if I have more bullets may top up some.

Willer, ...and also BUY. Sure, can bid for excess when subscribe but chance of getting depends. For scope, I think probability of successful bidding not high, so this is the opportunity cost: most of your money will be stuck for sometime.

No, I think you can't do it like that. I subscribe through my public investment bank clerk. Why not try mcherman suggestion?

As more ppl realise the potential of 0028, OR may hit near 100 %?

Today last day of OR trading.... will it end up or down? Any guess?

Recent major positive news should drive to 180++ soon?

Slow but steady sampai juga....but I'm hoping need to hold 2-3 years, then can at least sell off some...passing the baton to others, LOL. If got more bullets, actually want to get more OR to subscribe....

Div total 2.5sen already this year!

Yes, Ah Seng springs a surprise on us....thank you! If got bullet, sure will top up!

Happy with AT can sell to Europe and US....surely AT will jaga these privilages after seeing what US did to TG. Also, AT achieved the target of number of production lines....the rest i think not so important. All these for a share going for 6.5 sen....apa mau lagi?

That's fast, great! Meaning production soon after. OK, looks good, will join you to aim for 50sen....Thank you!

Last 3 quarters all positive, latest nav 0.25, hope tm up another 8%

@BursaHodler Really appreciate sharing the 4 points. Yes, past 3 QR encouraging, revenue increased from ~11mil to ~21mil, up ~7mil/quarter, and eps from .15 to .25. It's great that Inventec will buy more of 0028, hence reducing the risk of over relying on one major customer Inventec?

Do you know when will the new factory be completed?

Digital banking is the default banking in future

BursaHodler Wow, 50 sen! You're the HODLER! Can share your key info, especially those not in the posts below....You may be able to convert some of us to huat together, haha

https://klse.i3investor.com/blogs/HumbledInvestor/2021-03-21-story-h1542924523-_Humbled_Investor_Turnaround_story_Scope_Industries_Berhad.jsp

https://klse.i3investor.com/blogs/QRA/2021-02-25-story-h1541258358-GOLDEN_RULE_QR_SCOPE_0028.jsp

https://klse.i3investor.com/blogs/buyandholdlt/2020-07-22-story-h1510666694-Why_a_USD3bn_company_decided_to_invest_in_this_small_Malaysian_company_.jsp

Yes, looks high....but if Inventec buys from open market 36mil OR...this big number might send the price even higher?

me no sifu...but seems that the market is moving towards the prices as mentioned by Profitsaham and me (may be also others which I missed)! Could be market takes sometime to accept our simple reasoning as not bad reasoning? Anyway, pretty clear that SCOPE is using the RI for real expansion and not like some other scam company....so happy to support SCOPE!

wiseinvest89 That sounds easy! Nominee account holder with a bank also can use it?

hello_world May be sales and account department can help you more?

Prolonged MCO, delta covid

Bursahodler Thank you for confirmation, so i guessed right :)

hello_world https://www.scope.com.my/contact.html
Kindly share with us relevant info you find out from scope!

So reasonable that Both mother and OR will go up?

OR can go up to 5 Sen? Why...because Inventec is paying the bosses 4.5 Sen for ~36mil OR, and normally daiko must enjoy discount. Now OR price 2.5 to 3sen only, so isn't this too cheap? So once ppl realise this price should go up?