On behalf of the Board, Maybank IB wishes to announce that the Board has today fixed the following:

(i) the issue price for the Rights Shares at RM1.30 each (“Rights Issue Price”) at an entitlement basis of 1 Rights Share for every 10 existing HEB Shares held as at 5.00 p.m. on 21 February 2018 (“Entitlement Date”); and

(ii) the exercise price for the Warrants at RM1.70 each (“Exercise Price”) at an entitlement basis of 3 Warrants for every 2 Rights Shares subscribed.

Hope the management announce the price fixing soon so that the market can start a free run for the rightful price for HSS to be reflected.

Good! The lower the price is trending now the cheaper the existing shareholders will get for the rights issue.

Hope confidence in Pos returns and starts flying towards TP RM7.30.

Good news. Pos announced appointment of a new CEO today. Someone with quite good credentials.
KUALA LUMPUR (Jan 23): Pos Malaysia Bhd has appointed Al-Ishsal Ishak, 49, as its group chief executive officer effective from Feb 2 after the resignation of its former chieftain Datuk Mohd Shukrie Mohd Salleh that had sparked some selling pressure on the postal group's shares....
.....Al-Ishsal started his career with Turnaround Managers Inc before embarking into entrepreneurial endeavours mostly in the digital space from 1994 to 2008.

He has also held various stints including having been the senior vice president of marketing and products at Malaysia Airlines Bhd, as well as group head ancillary income at AirAsia Bhd.

Prior to joining Pos Malaysia, he was the managing director, South East Asia of ECO Capacity Exchange Ltd (London) as well as trainer and consultant for Airbus group.

Now is the period for price determination for the rights and warrants...good to enter when you see a low price.

Huh!!!!? what's happening?

OH!!? Who is queuing to sell at 1.60 with such huge quantity?

Market correction, time to pick up. Don't miss.

who so clever Ex already still entitled?

Reaffirm BUY With a Higher TP of RM1.60
We reaffirm our BUY call with a higher 12-month TP of RM1.60 based on regional peers’ average FY18E PER of 20x. We raise our target FY18E PER from 17x previously, given 1) our expectation of stronger long-term earnings growth; 2) higher average net margin post-acquisition of 19% in FY18-19E versus local peers such as AWC and UEM Edgenta of 5% and 10% respectively in FY11-16; and 3) high ROE of 21% CY18E post-acquisition.

Source: Affin Hwang Research - 14 Dec 2017

Must be because he saw price went up today

The residents in Selangor even enjoy free water supply from the Government and these people trying to make RM14bilions!

The Selangor people should be thankful to the Selangor Government, now that Puncak has disclosed it...they loss RM14 billion because of water supply rights. Why should we let some private individuals pocket =/- RM14 billions of profit out of water supply to the Selangor residents

with the price softening it looks more like a bad result coming

someone had asked it last week.. is there a CRISIS in Insas ( that we outsiders do not know of) ?

by the way of the trend, looks like both the mother and son going back to the 52 weeks lowest price 68 cents and 16 cents...