https://www.ttgasia.com/2020/06/12/malaysia-allows-flights-public-transport-to-run-at-full-capacity/

Spielmacher, thanks for the good news about express buses can run at full capacity! Repeat here just in case some one miss it and miss the chance to top up.

Tech expert? Great, without them how to build plant? With them, money, and management, can fly!

HuatAh, I buy when possible....like today. Please check the postings see what people say, and research. Good luck!

Tksw sifu, peace99 collected 500lots at 180.....never able to collect at the lowest! But still more than 10%profut if ticket price over 200.

If sell after ex-date and you subscribe to right and warrant, your investment is much larger and so for the same profit%, your profit is much larger. So, need to make a choice, maybe some middle path? Guess it depends on individual situation.....

A formula to calculate your profit%, assuming you subscribe to the 3 rights and 2warrants.
Profit%=6x/(15+s)-1, x=price you sell,s=price you pay. The 6 is your 6 shares, 15 is the 15sen for subscription.

Jaynetan, I also bought Ages....attracted by their winning the huge 27b contract to supply sand.

Ok!

Can consider moving some factory production to Malaysia to supply for ASEAN Asia? Then this counter will fly.

Just an idea: not a few commented that this counter has strong fundamentals, but price not moving up. Why not try to promote abit in your other counters? Some people do that with their counters. But must be reasonable, haha, I just did it at Vsolar counter.... first time in my life!⁴

PrinceofIpoh, glad you like it. Often, when try to be quantitative, we find out what we don't know. Btw, your name reminds me Perak Transit based in Ipoh. It is an integrated bus terminal business. Friends here might want to take a look. Though I like it alot, it's not a buy call....pls judge by yourself.

The formula give exprice as 3.5, but in practice it cannot be because the minimum price for a right is 0.5sen and to subscribe it needs 3sen, so total is 3.5. Then might as well buy direct from market. So I think in practice exprice is 4sen.

Sweng，no worry, jaynetan helped me, I help you, haha. Hope every one win!

But since the minimum unit is 0.5sen, I suppose exprice will be same in practice for both cases:3.5sen

In the above SIA case, the author just set f=1. Perhaps, that's the convention!. So if we follow this then, to restate, if p=4.5, exprice is 3.375, if p=5,exprice is 3.5.

https://blog.investingnote.com/sia-rights-issue-debunking-the-complication-behind-the-math/

Thanks for good news!Collected again at 190! Don't want to miss the bus!!

Diego, thanks. Sweng, from what I understood ie if my formula is ok, then if p=4.5, the theoretical ex price depends on f and is: 3.92 for f=.21; 3.6 for f =.5; 3.375 for f=1. But now come a big question, we don't know the value of f on Monday. We will know f only after the subscription period is over. hope some one can clarify.

Jaynetan, just quick question: why coonectcounty shoot up and you think can still buy?

Yalo, hold back spending, die die must wait until after AGM, Ada wayang mah, happy sifu said mah, hahaha

No... keeping Ptrans, cos think it will go up! Just sold abit for pocket money, haha.

See the news from sinchew... waiting for Ptrans to reach 200 by next week if not tomorrow!

https://www.sinchew.com.my/pad/con/content_2287410.html

Btw, I posted quite detailed message about right issues based on Vsolar case. If you don't know about theoretical ex price, may check it out on Vsolar.

Please check before accepting my claims! Please share if you know more about the PTrans terminals and other businesses. Have good day!

Typo, not traveling anywhere....

just check online now, Ipoh to Cameron Highlands. Today more than half full. From the pattern of the occupied seats, ie. Passengers seated alternately, afew adjoining seats occupied, may be this pattern due to social distancing. I don't know for sure as I am not traveling anyway. Surely good sign, moving back to normal, Ptrans moving back in business.

I estimated there are .44billion shares from the number (1.32billion)of rights, ie 1.32/3=.44.The 3.96 come from 1.32×3. I ignored the warrants as I didn't know it can be converted to full share by paying 3sen. Thanks, jaynetan for pointing out. Diego, can you try to revise my formula to include warrants？ithink you are doing it already.... that's your 878m.

Ya, think Ptrans needs to relate more to the customers. Let's email to Jennifer who deals with share holders.

Finally, the key takeaway based on purely the calculations is the more rights subscribed, the lower the theoretical ex price, so the lower is my gain. Correct?

https://accounting-simplified.com/ifrs/ias-33-eps/basic/theoretical-ex-rights-price.html

My broker said theoretical ex price=p-3sen, so if p=5, then 2sen. I don't trust her, so I googled for the definition.

So, say p=5sen, f=0.21 then the theoretical ex price=4.23sen. f=0.5,price3.8; f=1,price3.5sen

Jaynetan, thanks for the nice homework! Pls check and hope the answers here help other newbies too.
1. Asiabio capital.
2. Capex for development & construction of a biomass power plant.
3. (Oops, not sure of question!)
4. 21%of 1.32=.28billion rights Or RM 8.2mil.
Asiabio capital.
5. After Google, I worked out this formula for Vsolar: (0.44p+3.96f)/(0.44+1.32f), where p=price just before ex-date, f=fraction of rights subscribed
6. My broker said the details of the warrant only known on 15 June.

No break .4, but closing up .005, ok lah if everyday up 0.005 or 0.01, slowly recover. I like the expansion to Vietnam and Cambodia to capture new customers as these countries move up.

Tksw, sorry, hard to get 185, only one sold at 185 until now today. maybe he cannot wait. Yesterday, mostly 185, today 190, tomorrow 195, then 200, I hope, haha

Bas dah jalan, no reason to drag, soon I think

Haha, in that case, will be laughing all the way to the bank! Now have 200k units. Can't get my broker this morning, as the market is very hot,she said. For the warrant this time, how much we need to pay to convert to mother share? Also have you estimated the theoretical ex price? I plan to read up tonight how to estimate :)

Tomorrow cross .4 and ends higher than today's closing?

Jaynetan，tks for good advice. My cost, inclusive of broker commission, is 3.6sen/share. So upon subscription of right, becomes 12.6/4=3.15sen/share. So if need to sell, can sell at 3.5sen for small profit. I plan to keep some long term as I like renewable energy. Don't know yet what the free warrant can do. But I know its major shareholder is asiabio capital and will subscribe for RM3mil.

Corollary: if warrant get converted, warrant holders gain, Ptrans gain, and mother gain.... every body gain!

But if Ptrans loses, how can mother shareholders gain? So, end up everybody loses?

Why?

Thanks for the reassuring update!

I always optimistic, Will only consider selling 10%of mine at 0.23! Just need some cash while waiting for it to rise further!

Arthur, even bigger one 4953100!

Darren why? You don't think it will up more?

Jojo, thought you sold all your shares.... good you stay.... let's untung Sama sama!

Great! One(or more) who believes in Ptrans can only be better!!

I'm also first timer. Called broker, and she said will call in ex-date and need to ensure there's money to buy the right. the broker will calculate how much to pay for the amount of shares you have.