Every Rm 0.10 divided,shorties will lose 239mil x 0.10=23.9mil;Every Rm1 dividen,shorties will lose 239mil.If this coming quarter profit is high,the more dividen need to be paid by shorties.

Last quarter TG earn 2.3bil,say every quarter earn 2bil will do,one year will earn 8bil.Divided by total shares issued 8.2bil,roughly every year earn Rm1(8/8.2). So PE=6.74/1=6.74.
Based on estimation,PE is equal to share price,so if share price go up to Rm10.00,then PE is 10;if share price go up to Rm 15,then PE is 15

Glove company is valueble assets for US government.Probably JPM target is to take over the company by pressing the price low.US government also helping them to ban the glove before that.You can see Samsung was controlled by US company during financial crisis.

If go up above 17.00,then shorties going to lose 2.6bil.hahaha

Now regret yesterday just buy a little bit only

這是我第一次買頂級，我相信很多人會加進來買，其他的股有沒有人會買，我並不確定，但是我很確定至少100%有人會買超過2億股的頂級手套。哈哈哈！

Now you know someone is 100% going to buy back the shares,what should you do?hahaha

Buy MCT is better than LBS,MCT hold cash 538mil;LBS hold 100mil.MCT short & long term loan is 10mil;LBS short & long term is 870mil.Their share issued is almost same.Soon MCT share price will be higher than LBS.Currently MCT share price is 0.195.One lot LBS shares can buy two lot of MCT.Be a smart investor.

Don't put too much hope,key man Dato Chia just left the company due to health problem.He had been working with LBS before listing

35mil is nothing to topglove,this quarter their profit is 1.2bil,with current quarter profit they can buy more than 2 x LBS company.Probably Lim Wee Chai rescue Lim Hock San cause both are Lim,lol.Lim Hock San is the chairmen of Lim Association.

Right issue,better sell,you can buy cheaper later
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED DIVERSIFICATION, PROPOSED PRIVATE PLACEMENT, PROPOSED RIGHTS ISSUE WITH WARRANTS AND PROPOSED ESOS | https://www.klsescreener.com/v2/announcements/view/3242133

Once you see ASB up,then ancomlb will drop

The director don't exercise their warrant,either no money or refuse inject fund to LBS
Changes in Director's Interest (Section 219 of CA 2016) - TAN SRI LIM HOCK SAN, JP | https://www.klsescreener.com/v2/announcements/view/3241103

Currently ablegrp NTA is 0.16,if NTA drop to 0.025,then it will only fall into PN17.Just like condominium worth 1 million drop to 160k.

Strong supporting even market is no good,I believe rto in the process

Let's compare with Mahsing

Mahsing( share price=0.67)
Total shares-2,428m
Short & long term loan -543m
Cash-1,134m
Net cash per share-(1,134m-543m)/2,428=0.24

LBS (share price =0.38)
Total shares-1,569m
Short & long term loan-840m
Cash-80m
Net cash per shares-(80m-840m)/1,569= -0.48

If buy mahsing,net cash per share is 0.24;if buy LBS net per share is -0.48

If economic continue recession,which counter will be affected the most?

When to fly?I just bought 0.40

If Eddy Ong not able to push up the share,we suggest you sell your stake to Regal Orion.

Drop to 0.32 dare not buy.lol

業績發佈之前一個月內，懂事是不能做任何交易的，因為業績的好壞，他們會事先知道，偷偷買賣，對小股東是不公平的。不過事先通知還是可以做買賣的，但必須當天發佈買所買賣的股份和價格，不能等三天後才發佈。

Hurray hurray

So if Anwar become PM ,is this good for Ageson?

Abang Johari said he still support Muhyiddin,he doesn't know where Anwar get the number.But share related to Anwar ASB up 0.065.

Once Anwar become pm,rto will be aborted

Just guessing only.They propose private placement for 300mil shares just to safely control the company.This few days they have already bought huge stake from market.Less total shares issued means less dilution.

Why Dato Siew still hasn't disposed his stake?

Probably private placement will be cancelled

LBS short & long term debt is 840mil,cash is 80mil;
MCT short & long term debt is 10mil,cash is 420mil.
LBS is 0.41; Mct is 0.20.
Total share issued for MCT is slightly less than LBS
LBS revenue is 1billion slightly higher than debt.
Even sell the ZIC with 200 mil only can cover quarter of the debt.
Not surprise if LBS drop below 0.20.

This company revenue 2-3million same like coffe shop,if got better offer definitely the boss will sell the company.Atleast 0.30/share cause the company has strategic land in mount kiara and their debt is zero.

If really rto，then 0.18 consider very cheap

The movement of the shares likely reverse take over

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING | https://www.klsescreener.com/v2/announcements/view/3229373

Issue another letter award to push up the shares & distribute ,they can issue as many as they want,then can cancel later,it happen before.Seribu Baiduriis subsidiary of LBS.LBS & MGB are same boss.They have collected from from 0.4-0.50,so their cost very cheap.

If want to acquire asset,better acquire when oil in the low price,can get cheap asset.After acquire asset,what I know is I will share the asset with them,their cost is 0.66,my cost is 0.55.

Ask someone to teach you

GPA market cap is not 250m

This share hard to go high unless reverse take over by other company.They have stragic land but currently property market is no good.

Market capital for Ruberex is 6.8 times larger than GPA,still have a lot of room to go

https://m.malaysiastock.biz/Blog/BlogArticle.aspx?tid=24006
There is one clause called mandatory conversion.Say if company acquire asset which is 25% of fund raise,CRPS holders will be forced to convert their CPRS into ordinary shares based on 25%.For example If they have used 500mil to acquire asset,then 500/2000mil x 100%=25%.So if you hold 100k CPRS,then 25k of your shares will be forced to convert.

Not necessar need to convert RCPS into ordinary share.Can either redeemable(R) or convertible(C).

For example,if you invest Rm 100k in RCPS@Rm1 and the interest rate is 10%,duration is 5 year.If you are not going to convert,then every year they will give you Rm10k(10%) ,after 5 year,they will redeem & pay you back Rm 100k.

If let say market price is 0.80,then you find convertible is more profitable, you can convert your 100k RCPS into shares,then you will get 100k/Rm 0.66=151k,So you will have 151k hibiscus shares at cost of Rm0.66/share

Thanks twynstar.No 2 explain why the conversion price has been fixed for 1st tranche and not fluctuating depend on market price.
11/09/2020 9:17 PM

If conversion price is fixed on 0.66,they have to convert to ordinary shares at cost of 0.66.Then definitely they need to push above 0.66 only can gain profit.

Bought 0.42

With the conversion price for the first tranche on 12 November 2020 fixed at RM0.66.How many CRPS in first tranche will be converted into ordinary shares?

Newbn00b
Hibiscus Petroleum Berhad - Funding Its Growth https://klse.i3investor.com/m/blog/PublicInvest/2020-09-10-story-h1513430654-Hibiscus_Petroleum_Berhad_Funding_Its_Growth.jsp (Share from StockHunter)
I get what you mean,but this article say maximum shares to be issued is 2bil/0.66=3.03bil shares,this mean even share price drop to 0.50,still based on 0.66.not 2bil/0.50=4billion shares.

twynstar I thought issue price is Rm 1,new share issue will be 2 billion,conversion price is 0.66.

What happen?market no good also up,anyone know?

Share price reflect the deals,normally this kind of issue new shares to RTO very hard to compromise one.I got very little,just lost few thousand only.

I disposed all already

After push up the share from 0.35 to 0.50,then come out with MOU,investor sure disappointed,should come out with SPA.MOU can collaborate with partner to sign one,no legal binding.