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?

Last trading day for OR is 4 July. My trading platform is bank and need to subscribe and pay on 5 July.

Pouletroti I don't know if that land belongs to Atlas ice or not, but it is next to SCOPE and in the RI prospectus it says it is building new factory: Cut and paste here: "...Scope Group is currently constructing a new factory building to increase its existing production floor space by 154,000 sq ft from 145,200 sq ft to 299,200 sq ft on a 2.5 acres land in Parit Buntar, Perak which is next to its existing factory. Scope Group envisages that the cost to put this production facility in operation, including the machinery and equipment, is approximately RM36 million. As at the LPD, Scope Group has utilised RM5 million for the construction of the new factory building and purchase of additional machinery and equipment.
Scope Group proposes to fund the abovementioned expansion, including machinery and equipment, through the rights issue proceeds, internally generated funds (cash and bank balance as at 28 February 2021 of RM13 million) and/or bank borrowings...."

Profitsaham seems like market not following our reasoning, haha....if buy OR @.15 now and subscribe, only 19sen a share!

May be they will answer later?

Money Observe that Inventec pays 4.5+17.5=22sen for a share. So you decide....

Hi Bilismasin thanks for the link. Yes, hopefully more can register and contribute ideas, if time permits. But my humble opinion is just let ppl vote, for or against, based on their judgement.

Ya, new factory is being build, strong support by inventec, strong demand for its products, think this is safe longer term investment!

These two companies Wireless + Reality=mindless or heartless? Keep playing with the shares only!

Want to sue KPMG cos its action caused share down, now after pc, share like free fall, must sue who now?

Profitsaham i also get your price of 0.245 from slightly different angle. Inventec pays 0.45+0.175=0.22. let's say as daiko enjoy 10% discount, so retailers pays 0.22x10/9=0.2444,so agrees with yours. So ppl should not simply sell lower than this.

Monday

MZM thanks for the honest update! Based on the recent news, I think not a wild imagination Kanger naik balik ke tingkat 10-15 :)

Charlie I'm not sifu. But just want to point out that the number of shares is relative to to he price per share. I think the key point related to your question is the amount of money your want to invest. Say you want to invest 6000 in Kanger, then at current 6sen you get 100,000 shares. If current price is 60sen, you get 10,000 shares. Haha,in a sense just have to keep track of the number of zeros. Of course, at 6sen investment amount must change at multiple of RM6, at 60sen the quantum is rm60, 10 times less "flexible" which is nothing to rich guy, but something to average guy like me, haha. Take care.... this is not a call to invest in Kanger....pls do your own assessment.

Very exciting!

Alex Chia Yes, I use google map, can see an ariel view of scope manufacturing at parit buntar, and next to it looks like work in progress on a piece of vacant land!

Profitsaham the reminder "inventec buys OR @4.5 Sen" is so important! I actually forgot it, else would have bought even more mother @.235.

Great, KJ mentioned sinopharm is going to be registered here! Private vaccination program jalan in August, just 5.5 weeks ahead! Hope to top up some more tomorrow!

Make a lot of sense: https://www.theedgemarkets.com/article/who-should-ask-all-countries-recognise-wholisted-vaccines-says-khairy

Ptofitsaham1 Thanks for the very helpful tips! I think surely Scope can and will raise the full amount! They need to expand to cope with the demand! Target set, and will revisit here later. Good investment to everyone!

Agreed...now higher than ex price....I won't sell less than 0.23

Save labour, using robot in cooking not new. Should be adaptable.

Warrant say 6sen, exercise price 15sen, maturity 3years, so can expect price>21sen within 3years? Any way I sold half, keeping half for long term, not going away. My family consume frozen food some time too!

Tomorrow is ex-date!

You mean they want warrant don't want dividend

Sanichi, great, don't disappoint with your ventilator, gave you support for the RI!

Ppl need food, nice profit, haha

The warrant do high, great! Really don't understand why ppl sell mother so cheap....

One reason to buy warrant is if you think price likely will be higher than 2.30 and you want to book this chance with a smaller "booking fee".

I thought I can think straight, but now very confused between right and wrong :(

Already topped up at 6, more later even if not 5.5

Wow, buy rate 69%,at this rate, tm might be hitting near 30sen? was 36sen on 23feb!

Last private placement was .225. So can calculate what the minimum price so as not to rugi!

Whistleblower99 thanks for reposting the 11jun announcement. It reminds me to prepare the fund for subscribing the RI.

Yumchar just saw your post....ya respect to Comfort directors. Will hold more comfort!

Bursacasino Agreed! Very understanding directors especially to those who are still trapped high. Wonder which other companies' directors do that!

My basic idea is if the company is good, it will grow and be profitable, and part of the profits will come to us as investors, so ppl want to buy! It's not a zero-sum game. Sometimes we just have to be patient.

port1111 Surprise leh....I thought if the company is good and profitable over time, ppl want to buy and so high buy rate and price goes up, then we untung.....no?

hi Profitsaham1 You're welcome! Glad that my caln. helps :)

hakubasnow If total cost = RM 31,750 and you sell your 150,000 shares at 0.215 then you get RM 32,250, so untung (500-commission&fees).

Writing articles takes time, you try to write one then you know lor. Happy weekend everyone.

Actually if ppl here see factual errors in the articles written by MZM 2511, just point out. I once pointed out one error and he soon updated it. So he is responsible. No point just telling us d
Kanger is useless...if so why we bought Kanger's shares??

Good to see moving back up! Hope the matter is resolved soon and company can focus on growth!

Wow, buy rate already 80%!

Nice! Buying rate is strong at 76%....may be will go back to .28 before ex-date (24June). If so, the ex-price will be 0.245, so can untung when price >0.25 after ex-date.

On up trend now....note the big advantage: CONVIDECIA is SINGLE DOSE vaccine, should be in high demand due to this convenience especially for busy ppl and ppl in remote areas!

So reach .30 today?

Yong tai plan to bring in its Chinese partners to produce vaccines in Malaysia:
https://www.sinchew.com.my/content/content_2496506.html

I think so too, after reading Humble investor write up and doing the math as shown.