I thought the right issues at RM 0.65 is only for illustrative purpose only?

kian, how did you come into that conclusion that this is a good offer? Do you have an idea on how much the right issues will be?

valuemaster, how do you get this?

"Your rights only 65cents per share, comes with warrants, so next week buy in if drop to 1.20, there are 50% upside from 1.20"

How much will the right issues be? RM 0.50 per share?

valuemaster, can you help to elaborate further on how the right issues work? Let's say I have 100,000 shares of Maica now, I will be entitles to purchase 3 right issues? At what price? What if I do not purchase the right issues?

keyin, if I can be sure of the TP, I won't be holding only 1m shares.

I am looking at 0.23 to 0.25

I am holding 1m shares. I am now waiting for the time to be rewarded, hopefully.

alex2012, I noticed that too. I am curious to know why.

I suggest you to read up what a SPAC is. If not, do not invest into one.

rich, what result are you expecting? Theoretically, there will be no result as there is no operation nor QA yet.

Yes kukuman, they need to comply to Bursa ruling once the share holding breached the level, hence the unconditional general offer.

The closing date for the offer for EcoW was 12 Nov 2013. The closing price on 12 Nov and 13 Nov were at RM 2.12. The closing price of EcoW shot up to RM 2.50 on 18 Nov. What do you think?

I did not see the price of EcoW slid. Care to point out where? And what did EcoW fail to take over?

http://www.thestar.com.my/Business/Business-News/2014/01/24/Oil-recyler-Hiap-Huat-opens-third-treatment-plant/

cindylim, it is not a mandatory take-over of Maica. It is unconditional general offer. The offeror (Ter) does NOT intend to invoke Section 222 of the CMSA to compulsorily acquire any outstanding offer shares.

Hahaha, upsidedown119. :)

News is that their new plant will contribute positively and significantly to the earnings. TP will be 25 sen.

What full year result that you are expecting? There is none, not until QA is initiated/completed.

Without QA, of course Sona is not worth anything apart from the cash piles it sits on. This is made known to the investor since day one.

Based on what source you think it is supposed have news announcement today?

What's your target buy back price Anison?

Barakah is overbought at the moment. The price should consolidate before the next uptrend.

iafx, how did you know the request for suspension was not submitted? Did you expect them to announce to you for the submission?

Suspended!

Now is already coming to mid Dec. Are you referring to early Dec 2014? :)

It is only a 25mil contract, too little to have any effect on Barakah's share price.

Thanks chiam4192.

chiam4192, is the BoillerMech's move to main board already known to the market like Inari, or was it a sudden announcement? I am asking this is since Inari's plan to move to main board is already well known, it could have been factored in the share price already.

akelishi, what system failure are you referring to?

The market is down across the board today, not limited to Instacom only.