Hahaha, Thanks i3lurker, why cash 1.20? NTA?

If one day, when mother share hit above 0.565, and son do not move as fast as mother, Then, to convert is more worthwhile?

OTAI-OTAI & SIFUS of Stock trading please help.
I try to understand how to work out the conversion of warrants to mother share.

In this case, UMWOG closing today @ 0.345, warrant close @ 0.17, conversion ratio 1:!. exercise price =0.395.

If I were to convert 20,000 of UMWOG-WA to UMWOG before expiry date, I will have to pay 20,000x0.395 (=7900) + early transaction fees (?%) ?

I guess, The gross cost for each UMWOG share will be (0.17+0.395)=0.565 not including the conversion broker fees/costs.

Am I right in the calculations?

Thanks.

BWC behaves like a broken records repeating some tune.... AA is against them now... didn't catch the 4.15 though :(

Q @4.15 cummimg!

4.10 cummimg... hooray!!

AA 4.05 @15.40 up 15 sens now. Hahaha!!!

It's frustrating to see bwc and the gang post FGV comments and not related news to AA in this AA thread. Sian......
What's next to happen when market open on Friday and next week?

Lim Kang Hoo proposes Ekovest-IWCity merger; IWH-IWCity merger off
Read more at http://www.thestar.com.my/business/business-news/2017/10/31/lim-kang-hoo-proposes-ekovest-iwcity-merger-and-iwh-iwcity-merger-off/#ezkxsf4jb18ClsP1.99

My Maybank online stock don't show EKOVEST stock quotes since yesterday, 15 Aug 17, any of you have same issues ?

UP UP 0.96 now!

http://www.thestar.com.my/business/business-news/2017/05/16/ihh-digi-nudge-klci-into-the-red-ringgit-climbs/

My guess.
Boss ask Machai to keep buy cost down!
Wait till project $$ arrive from (???) then collect .....

Sell b4 GE for POWER!!

You guys agree my Hypothesis?

petrol One in the news.....

1. Petrol One secures contract for Asia Petroleum Hub project in Johor (dated 1 Mar 17,)
http://www.theedgemarkets.com/article/petrol-one-secures-contract-asia-petroleum-hub-project-johor

2. Petrol One unit bags job for long-stalled Asia Petroleum Hub project (dd 2 Mar 17)
http://www.thesundaily.my/news/2180210

3. CREC to build oil terminal at Asia Petroleum Hub
RM1.8bil contract comes days after collapse of Bandar Malaysia deal

Read more at http://www.thestar.com.my/business/business-news/2017/05/13/crec-to-build-oil-terminal-at-asia-petroleum-hub/#D8P62K1TGAiK3l3o.99

Any chance of re-open the counter?

PublicInvest call on AA, Joke or what ???

AirAsia (Neutral, TP: RM3.19)

http://klse.i3investor.com/blogs/PublicInvest/122799.jsp

Company’s wholly-owned subsidiary, Willowglen Services Pte Ltd has been awarded a contract valued equivalent to approximately RM5,187,000 by Surbana Technologies Pte Ltd for the Installation and Maintenance Support for Remote Terminal Unit and CCTV System.

The commencement date of the contract is on 8 May 2017 and will be completed by 22 August 2022.

This announcement is dated 9 May 2017.

@linges, "Why u prefer c23 than c24... "

c23 current price 0.07, ratio 3,5:1 Execise price 1.85, date of maturity 31/July/ 2017
(0.07X3.5) + 1.85 = 2.095.

c24 current price 0.09, ratio 2,5:1 Execise price 1.85, date of maturity 31/July/ 2017
(0.09X2.5) + 1.85 = 2.075.

C24 cost lower...

http://klse.i3investor.com/blogs/kianweiaritcles/120924.jsp
“The principal activities of AACC will be to acquire and manage the aircraft and to become a full-fledged charter and private unscheduled business jet operator,” AirAsia said.

Trading in the securities (ANZO) will resume with effect from 4.07 p.m., Thursday, 13 April 2017.

The Board of Directors of Anzo Holdings Berhad (“Anzo” or “the Company”) is pleased to announce that Harvest Court Construction Sdn. Bhd. (“HCCSB”), a wholly-owned subsidiary of the Company, had on 13 April 2017 received a Letter of Intent from KL Northgate Sdn. Bhd. (“KNSB”) for the following contract :

“Cadangan Pembinaan Bagi Pembangunan Komersial Bercampur Yang Mengandungi:

Fasa 2A: 1 Tingkat Basement Dan 4 Tingkat Podium Tempat Letak Kereta

Fasa 2B: 5 Tingkat Pusat Membeli Belah

Fasa 2C: 54 Units 3½ Dan 4½ Tingkat Kedai Pejabat

Fasa 2D: 1 Blok 27 Tingkat Menara Hotel

Fasa 2E: 1 Blok 30 Tingkat Menara Hotel

Fasa 2F: 1 Blok 31 Tingkat Menara Residensi

Fasa 2G: 1 Blok 37 Tingkat Menara Perkhimatan Suite

Termasuk Kemudahan Berkaitan, Kerja-Kerja Prasarana Dan Kerja-Kerja Luaran Di Atas Lot Pt 8087, 8088, Dan Pt 8089 Seluas 15.20 Ekar, Mukim Batu, Daerah Gombak, Selangor Darul Ehsan Untuk Tetuan Kl Northgate Sdn. Bhd.”

The above contract work amounting to a maximum of RM1,214.7 million subject to the finalisation of contract documents, term, conditions and final contract pricing. As part of the conditions, Anzo will work with MCC Oversea (M) Sdn. Bhd. to jointly undertake the project.

The scope of work to be undertaken by HCCSB shall include the followings:

a) Foundation of piling works;

b) Basement and upper floor carparks inclusive of Mechanical & Electrical (“M&E”) services;

c) Main buildings inclusive of Mechanical & Electrical works, Furniture, Fixtures & Equipment, façade & cladding and ancillary works; and

d) Infrastructure work inclusive of earthworks, landscaping, facilities, flyover & ramps.

The Letter of Intent is not legally binding. KNSB expressed their intention to award the contract to HCCSB subject to finalisation of final contract pricing and agreement of terms and conditions.The contract amount of up to RM1,214.7 million is an estimation given by KNSB based on the scope of works in the said contract. All the terms and conditions will be finalised and stated in the Letter of Award to be issued later if so agreed by both parties. Time frame for finalisation of contract document and final contract pricing is estimated to be within 3 months.

KNSB was established in 22 July 2003 and having its principal activities in property development and construction. The directors are Datuk Chai Woon Chet, Dato’ Ng Aun Hooi and Mr Ng Yin Meng. The major shareholders are Transcend Development Sdn Bhd, Datuk Chai Woon Chet and Curahan Yakin Sdn Bhd.

The Letter of Intent is not expected to have any effects on the share capital and shareholding structure of the Company. However, it is expected to have positive contribution to the earnings per share and net assets per share of the Anzo group.

There are no significant risks other than operational risk associated with the Letter of Intent. The financial commitment required by HCCSB together with source of fund can only be determined upon finalisation of contract documents and final contract pricing.

Save for Datuk Chai Woon Chet, who is an Executive Director and major shareholder of KNSB and also the Managing Director and major shareholder of Anzo, none of the Directors’ and/or major shareholders’ of Anzo or persons connected with them has any interest, whether direct or indirect, in the Project.

The Letter of Intent was entered pursuant to the Shareholders’ Mandate prescribed in the Company’s Circular to Shareholders dated 29 July 2016 which has been approved by the Company’s shareholders during the Thirty Eight (38th) Annual General Meeting held on 20 September 2016.

This announcement is dated 13 April 2017.

Dear AA Forum user,
Please stop the foolish & childish acts in this forum. Most readers are getting sick of those name calling, bitching and repeating past posts, numerous times.
We are all grown adults here with good educations and hopefully can behave like one.
This AA forum is to benefit interested parties and we do not easily sway by some post to dump or buy AA.
Please use your own Personal judgement in making one own decision.
We are here to make some peaceful investment money and not get offended.
Please conserve the forum space for constructive ideas and sharing of ideas.
That's my 2 cents... :-)

This is first time i responded in airasia forum here. BWC posts are spams. Usually I just skip BWC posts. Just too tired to read repeated posts.

BWC pls spare me from your your name calling on me. Thanks.

Thanks Valuegrowth, AA will have more capital to fund its business in future. looks like it's a positive move for the company to go further in their business.

Reference to http://klse.i3investor.com/blogs/kltrader/110678.jsp
Can some one explain the report,

Budget carrier AirAsia said in an exchange filing in April this year, it will sell 559mil units of shares at RM1.84 apiece to Tune Live Sdn Bhd, an investment holding owned by AirAsia co-founders Tony Fernandes and Kamurudin Meranun. The airline has obtained the approval from Bank Negara Malaysia, yesterday.

Is this share buy back and TF & KM are turning the shares to cash?