The End of the 50 sens and how bullballs? Remember

Ri, mean right issue. Righ issue is the jonah, ghost in share market. Assuming 1.5 billion rights at rm 1.4 each, total raised up to 2 billion as reported before.

Assuming 2 to 1 at rm 3.3 today price, assume u have 100 lots, u get 50 bonus shares, and 50 rights. As mentioned by midf, ex price assume at 2.24.

10000 * 3.3 equal rm 33000.
5000 bonus at 3.3 equal rm 16500.
5000 rights at 1.4 equal rm 7000
Total invested at rm 40000.

Ex price 2.24 * 20000shares at rm 33600,
U lose rm 6400 or 16%.

fair valueto go in at rm 2.77

if tomorrow could not rebound to above 3.70, mean, price stagnant will happen, while selling spree still spreading. bad chart, bad fundamental.

finished. gamble lose.

epf buy or sell, does it really implicate anything ? if that is the case, skpetro should be above rm 5 now, mbsb, epf biggest shareholder, should be above 3 now.

nitrile gloves are massively produced by china, it does not require any latex.

if study through their q result, u realise the profit decrease, while supermax decrease in terms of revenue and net profit.

SELL

shariah not shariah, nobody care. What the shark care is business prospect. So, sell fast since big sharks and directors are selling heavily since 3 months ago.

insider sell, so, u have to sell too. everyday half cent drop, mean, the insider syndicate sell slowly with better price.

catch the falling dagger....