Relax le...accumulate on weakness...otherwise just wait ...need patience for a while. I was also thinking they announce BI before Main Bd listing.

Noticed few counters fall on the day the good Qtr results published last week but slowly creeping up this week....very proactive investors indeed.

Good to stay optimistic always...cheers...

Joel,Yes...that's correct. The price then will be adjusted after ex-date..
Say for eg..if the price is RM2.00 b4 bonus and after bonus will be RM1.33 and the trade price continues from there...and u will have 50% more shares with u.

Shacks...the price offered to LTAT and potential investor is RM1.30. However, these shares are not entitle for bonus issues. When they are approved into market...later.Logically it will pull down the share price I wud think. Nobody really know how much it will be..but we shall be safe with the +ve Qtr Result ,Bonus Issue etc for now. Bear in mind we have market votaility to bear with along the way...

Wow...hugh profit rosed to 27%....Fly Mitra fly....

Ooooh....sudah announced PP price RM1.30 close to my anticipation price...about 8% discount .

On behalf of the Board, RHBIB wishes to announce that the Board has fixed an issue price of RM1.30 for each new ordinary share of RM0.10 each in OCK ("OCK Share(s)") ("Placement Share(s)") for the first tranche of the Private Placement comprising of 28,490,000 Placement Shares, representing 10% of the issued and paid-up share capital of OCK as at 29 May 2014.

The issue price represents a discount of approximately 7.80% to the five (5)-day weighted average market price of OCK Shares up to and including 28 May 2014 of RM1.41.
The Board is currently identifying suitable placees for the remaining Placement Shares pursuant to the Private Placement. The relevant announcements for the remaining Placement Shares shall be made in due course.

Profit rose 41%...bolih tahan OCK...Per the earlier announcement , BI & transfer to Main board shud complete by Qtr 4 ie by Dec 2014...Cheers....

Why do you think he came out today for the interview today? Certainly good news..let's wait & see.

Hahaha...once bitten twice shy!

http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/all/8B082F0E0529B12148257CDF003D0354/$File/HLCB%20%20-%203rd%20Quarter%20Results.pdf

Qtr report post Hugh profit vs previous year. However it did not have enough 25% public spread and have another 3 mths up to 31st Aug to fulfill bursa query requirement.

In order to get more public investors buying,I think they might be offering Bonus Issue.Just guessing. Any other alternatives?

So far, from my observations,I haven't see any PP Proposal by companies being rejected.Its just a matter of market reacting to it after approval and it's dilution into market cap. I foresee a good 1st quarter result being announced soon if not tomorrow.

Once shareholders approved the proxy in tomorrow's meeting, then I think Bonus Issue shud be "on".As it is mentioned in the circular that BI is not contractual.Approval of going into Mainboard definitely needs more shares & market cap when the above are met.
If shareholder decide to vote against the proxy,then the worst case scenario in the circular applies. My guess is anything RM1.40 and below shud be a good price to buy in more,unless you want to chase when it starts rebounding later. Risk is always there in stockmarket..got to be ready to hold to make money.Just my 2 sen.

PP shares by now shud have already been allocated most probably at RM1.28. Market price tambah 10 % shud be around RM1.40. Shud not drop too much from here, I believed.After all, those 20% pp shares were not allowed to be trade within a certain period,rite?

Wow....hugh net profit....above expectations ...

Via married deals mean what?

volume coming back....buy in now...

Don't worry...company make profit & cash rich...By at resistance...price stable.

Wow...Year of the Cow..Maybank recommend buy.

Good time to accumulate more...

Expert says we never buy at lowest nor do we sell at highest,unless it's your lucky day...
Today looks like cut off day from last few days hike...Good time to buy for those who have not go in...those who bought just keep for long term..or whenever yr target reach..Have fun...cheers..

Folks...today correction ya...healthy I supposed..
OCK called a AGM and EGM meeting on the 28th May 10am and 11am respectively.
AGM talks about the company annual ,p&l & what has been achieved last year etc, for listed company it will be conducted on a yearly basis for all shareholders.
EGM is extra ordinary meeting will be talking about the changes going forward as in the few proposals in the announcement earlier.
1) Transfer to Main Board
2) Bonus Issue 1 for every 2 lots
3) Private Placements to LTAT & ESOS. (Form of proxy)
EGM can be called anytime by a company for things that need to be addressed immediately for this case is same day after AGM.
Shareholders will need to vote agree or disagree to the proposals...only after that they will summarised and announced if approved or otherwise.

A company will have to announce a cut off date for Bonus Issue to the public, but by that time the
share price will be escalated by then.

Hoped this explained a little of what I know...Cheers always!

Wow...market reacting very good .Looks like proposal well supported...All the way now...OCK (Orang Cepat Kaya) shareholders....Cheers....

Ini baru proposal...what is the chances of getting approved? Jaga 2 look left & right first...jangan hantam buta buta.... ESOS= RM1.10 , PP = RM1.25, kalau tambah 10% for PP ,baru RM1.38 betul tak? ,lagipun kena holding power sampai 4th Quarter...Oct to Dec. But bottomline its definitely better that FD rates...cheers...

Relax le...

Annual Report Showed Uptrend Charts for the past years...looks good.Anybody knows whats is the private placement price?

Tukar pulak...

Para 2.5. OCK top guns allowed to take up 10%, balance 10% to a investor.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1606721

SHQuah,
The announcement says the process will complete in 2 months..i.e by 15 Jun. Also dunno who is taking up...anybody out there knows?

If everything gets approved by next month,and if the price goes up higher by then,then it is not too big a risk,I believe. Any investors to join the company with 20% interest will definitely have confidence in it...rite? Have to stay invested for a while for now until next good news ...to make money...just my opinion...cheers...

Hi SHQuah,
Your answer is in para 2.2 of the PP announcement earlier:

2.2 Basis of determining the issue price of the Placement Shares

The issue price of the Placement Shares shall be determined and announced by the
Board at a later date after the receipt of all requisite approvals for the Proposed
Private Placement, at a price that is deemed appropriate after taking into
consideration the prevailing market conditions and the five (5)-day weighted average
market price ("WAMP") of OCK Shares immediately preceding the price-fixing date.

The discount for the issue price of the Placement Shares, if any, shall not be more
than 10.0% to the five (5)-day WAMP of OCK Shares immediately preceding the
price-fixing date and such issue price shall not be lower than the par value of OCK
Shares of RM0.10 each.

For illustrative purposes only, the indicative issue price of the Placement Shares are
assumed at RM1.22 per Placement Share, representing a discount of approximately
9.6% to the five (5)-day WAMP of OCK Shares up to and including 9 April 2014 of
RM1.35.

Slow and steady win the race....

Neohts: the 20% will be given to interested investors normally at a discounted price of 10% lesser from the later fix price. I think this is a norm for private placement ...RM1.22 is just for eg..as I understand it.

Hi Team, LTAT is aquiring and disposing almost everyday this week...what are they up to?
Playing contra?