所谓坏消息纯属虚构与好消息一样不靠谱嘻嘻

As to the allegation that CEO is selling warrants to cash out because of material info…that’s simply dumb not much needs to be said

Actually nothing has changed but for Bursa’s abrupt suspension. Bursa ought to come out and explain itself.

How can Bursa stay silent after alleging that Serba INEDs received material information and then Serba plainly denies?

Bursa owes it to the public to explain why they did what they did.

Can you do simple maths...40 cents x 5 times return is $2.00 and warrants would still be worth zero on expiry. Why should Karim hold the warrants over the mother share

It's perfectly acceptable and reasonable to sell the warrants...what's wrong with you people lol

Which outlet mhanasS?

Fund raising records:

3/2/21 - 11/10/21
MQ 987,000,000 @ 0.0313 raise $30,858,500

16/7/20 - 12/5/21
ESOS 1,016,500,000 @ 0.0321 raise $32,637,200

3/8/20 - 12/1/21
PP 633,405,775 @ 0.0379 raise $23,975,398


Total funds raised to date: $87,471,098


Current market cap 7,977,289,529 X 0.030 = $239,318,685

Major laggard

True, KPJ owns only slightly more than 1/3 in KPJ REIT

Even if you have $ you can't build hospitals overnight...not in 1 2 3 4 years to attain the scale KPJ has built up.

$1.21-1.25 as reported by the Edge is clearly too low, exercise will fail

Good chance and makes sense

Columbia 5.01B ringgit 1500beds
Sunway 4.69B 857beds
IHH 58B 15k beds

KPJ 3000+ beds

Since his highness cannot privatise MAA, he can merge MAA & KNM

Bawang has his other commitments and his own company to build up la. It is not difficult to see where he's coming from. He has no control over Serbak, already cashed out a lot before this, and the remaining has loss so much plus it's not his priority. If you were him you too would channel your resources to his other corps like Minetech which requires his full resources + it has very good potential too, at least in his mind

In the event that happens, you make at least 4x from your warrants and 2-3x from your mother share counting from now

WC/WD exercise cost is 0.07 with a few more years to go. For a company so greedy for cash, we should hope it fully pushes the price above 7 so that retailers or whoever will exercise and return cash to the company. There's a lot of money there in the region of $140M.

Another odd move of late is the warrants. It may not be a lot of money, but it when it is taken it moved fast enough, and quantum large enough, to suggest it is not retail.

Personally how high this goes doesn't affect me that much. I have made back from other counters. But this is really quite an interesting counter because of so many unanswered questions and the "potential" lol

And I think you are quite right it can't go below 2.5 cents. To those who are waiting below 2.5 cents it is a long shot. Because really, who has the shares to sell down to 2.0 cents? Even if we are existing shareholders, we should be happy in the event that happens. Only operators are able to flush out weaker shareholders at 0.020 and when they do that it will often precede an eventual huge rebound - so should it come below 0.025 it's a signal that they are almost ready to stage a big move again

@Valgrovest

Yes I think you are right

Further another possibility of the 20% MQ placement is for control, using MQ as a shield. I think it is highly unlikely MQ itself is subscribing and selling for this meagre profit. Refer to its average subscription price of 0.0313 to date and the period it occured. There was rarely a time they could have sold at 3.5-4.0 cents. It is really not that profitable a trade no matter how you look at it. My view is this placement is to distribute shares to operators at a low cost. They have sufficient nominees so that none would appear as substantial shareholders or even in the Top 30

Evidence of Bornoil having a huge number of nominees is from its previous ESOS. From 2017-18, ESOS 747,996,000 shares @ 0.09585. Recall further that they did the ESOS despite a significantly lower market price at the same time. Also note the ESOS then specifically states it cannot be given to directors/ controlling shareholders. So one can see the huge number of nominees subscribing for the shares, and way above market price. Further evidence of this phenomenon is in the auditor's adjustment. Bornoil recognised cost as $0.09585 per ESOS share - auditors disagreed - they put it closer to market price with reference to black-scholes model and lowered it to 6-7 cents if I recall correctly. This reduced Bornoil's cost and as a result affected its bottomline so much that it reported a subsequent loss from a gain.

30.5 or 44.5 maybe get some response otherwise all bored lol

dont be silly...nobody cares about 37.5 for this counter

To think that 3s to 5s is a full 66.66666666666666666666666 higher. Weirdest counter ever. Are we going to make that 66.6666666666666666666666666666666666666666666666666666666% soon?

Showtimeeeeeeee

Yes. Dilly dally so many months. There has been accumulation all the way

@bbc99 you are absolutely right - there are always other counters we can buy

@Ular correct correct...

dont be too happy with the movement now ya...more than half is me so it's not operator lol

Don't argue...just count the opportunities you missed while being stuck arguing in Hiap Teck

Anyone has a view why EPF is buying this small little construction counter? What's so good about AQRS?

@Karma I think 1.83 is a very safe level...no sad face needed. But my av much lower la lol

Lol but DRB is not for privatisation la. Buy DRB for Proton. X50 X70 so nice. Loan moratorium and SST exemption catalyst. Revenge spending coming

Then we will see where did MQ's subscribed 1B shares go. If there's no significant change in substantial shareholders, we will know it has gone into invisible hands and operators own them for control

I tell you what's next, wait for annual report due soon

Patience brosss...MQ subscription will expire in a few months time. They will have to finish it one way or another. @Valgrovest MQ will finish subscription...2.5cents! Give us also we take la lol

No catalyst but good value...a stock to hold if we believe broader market will be rising over next few months

@bbc99 it's always hard to time the market, if you can do it respect

the odds are pretty good here. no harm continue holding since we got it low with quite a healthy buffer. someone used bloomberg and the press to jack up the price. now flush out stage, but it's less boring when it's in play.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3198499

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3198461

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3198462

https://www.theedgemarkets.com/article/kpj-says-no-privatisation-proposal-received-so-far

This should be a happy thread because who can lose money in MYEG...

This is DRB not MMC wei....wanna privatise ask SM pay $2.80

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-10-03-story-h1591875011-Kiyosaki_Biggest_crash_in_world_history_hits_in_October_3_ways_to_prote.jsp

Why is it that no one salute Karim for his poise

Helluva entrepreneur don’t you think. Capitalised on NEP build a multi-billion biz from nothing. Now paper loss in excess of a billion but he stands tall working on ventures old and new while keeping mum on the SIR as he should be

For Karim giving us bilis this opportunity and Chinese-Muslim muhibahness hahaha I really hope he survives this crisis

Respect

@ruslimz the 75% is out of the shareholders who are present like you guys and excludes any shareholders not present at the EGM

https://www.malaymail.com/news/malaysia/2021/09/27/interstate-travel-expected-to-be-permitted-from-october-says-muhyiddin/2008865

Wow u monitor verde so frequently? Thanks for letting us know! Good info!

U see the irony...people so scared to buy at 1.7 because they think it's worth more than $2 wtf lol

Yes it's more like the SCR caps the upside at $2.00 than the other way round totally agree it's worth much more than $2.

20c a quarter? 80c pa 10PE TP$8.00. No wonder privatisation will fail hahahahaha

Stockraider totally right lohhhh

SCR fail means someone wanna pay $3 $4 $5 in future mahhhh

In fact for this counter the ideal scenario is market get shocked by Evergrande…

U get a sure pass $2

U get to cash out at $1.97 and buy other things cheap