Very good 1st qtr financial result, I will start to buy it for mid-long term investment by tomorrow! Foresee its share price will breach 50 cents by next month b4 bonus issue ex-date!

Yes Beautiful668, just waiting for announcement of bonus issue ex-date after EGM on 26 Nov 2014. :)

Testing LNGRES...

EGM date for bonus issue approval by SYF shareholders is 26 Nov 2014.

CT, you're welcome. Sharing is caring. :)

Normally it will take 2 - 3 months to complete bonus issue proposal if no any delay.

CT, I said maybe the date of EGM will be announced by this week not ex-date... Pls read my comment properly. :)

Don't forget buy 1 lot SYF free 1 lot SYF & warrant! Very attrative bonus issue proposal!

Now the bonus issue proposal had been approved by Bursa Securities, so the next step is getting approval from SYF shareholders thru EGM. Just waiting for announcement of EGM date probably by this week... The ex-date of bonus issue will be announced once approval of shareholders is granted via EGM by next month.

TP b4 ex-date of bonus issue is RM 1.50 and above!

It's a rare case to find a stock which give free warrant with ratio 1 warrant : 2 mother shares, but its mother share price is below 20 sen. Don't miss the chance to grab mother share at cheaper price to get more free warrant by tomorrow!

Stephen, my calculation is based on per mother share bcoz 2 mother shares free 1 warrant.

For those who bought Msports at 18 sen or lower, there is no adjustment on ex-price (reference price) bcoz free warrant exercise price is 18 sen.

For example #1:-

Your buying price = 18 sen
Closing price b4 ex-date = 18 sen

Hence, its ex-price (reference price) is still 18 sen.
Lets say listing price of warrant is 6 sen, so you can make profit about 3 sen per share (16.7% profit).

This example #1 is applicable for those who sell his mother share at 18 sen on ex-date and warrant at 6 sen on listing date.


But if you bought Msports at 18.5 sen and above, there is a price adjustment on ex-price (reference price).

For example #2:-

Your buying price = 24 sen
Closing price b4 ex-date = 24 sen

Hence, its ex-price (reference price) is 22 sen.
Lets say listing price of warrant is 12 sen, so you can make profit about 4 sen per share (16.7% profit) as well.

This example #2 is applicable for those who sell his mother share at 22 sen on ex-date and warrant at 12 sen on listing date.

Actually all his shares disposal were done thru direct deal / off market deal. We can't know who is willing buyer bcos total shares transaction is less than 5% but I think the buyer is a goreng syndicate. The syndicate can't accumulate huge amount of shares via open market bcos liquidity of shares is low and cost is relatively high.

Normally retail investors like us will feel upset and lose confidence if company director was disposed his shares continuously. So the syndicate's intention is try to accumulate Msports shares as much as possible by depressing its share price thru news of share disposal by director plus poor market sentiment before announcement of free warrant ex-date! They have purposely announced the ex-date of free warrant by last friday bcos they foresee market sentiment will be recovered by next week.

Hence, Msports' goreng show will be activated by next week!!!

Msports share price will be skyrocketing back to above 20 sen before ex-date!!!

Bonus Issue:-

EX-date: 03/11/2014

Entitlement date: 05/11/2014

Entitlement time: 05:00:00 PM

Entitlement subject: Bonus Issue

Entitlement description: BONUS ISSUE OF 258,750,000 WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF UNITED STATES DOLLAR (“US$”) 0.05 EACH (“SHARES”) HELD AT 5.00 P.M. ON 5 NOVEMBER 2014 ("BONUS ISSUE OF WARRANTS").

Don't angry lah Danny, they purposely postpone it bcos market sentiment very bad mah. Many ppl throw it bcos cannot tahan delay of ex-date announcement. Now you have chance to buy it at cheaper price again.

Danny, do you buy some more Msports shares to average down your price? For me, I already bought 100000 shares at 18 sen by last Friday. I will keep buying it if drop again. Now it's quite cheap and downside is limited.

Don't just average down your XDL share price only, must support Msports as well leh since you are a big fish. I think Msports will outperform XDL in short term as it's going to announce free warrant entitlement date soon.

Danny, do you buy some more Msports shares to average down your price? For me, I already bought 100000 shares at 18 sen by last Friday. I will keep buying it if drop again. Now it's quite cheap and downside is limited.

Don't just average down your XDL share price only, must support Msports as well leh since you are a big fish. I think Msports will outperform XDL in short term as it's going to announce free warrant entitlement date soon.

Strong support at 18 sen. The syndicate is accumulating it at that price substantially. Don't panic sell if you are not a contra player! Strong rebound will be coming soon!!!

Bro. Craptree, you can consider to buy Msports if you want free warrant bcos it's going to announce free warrant entitlement date by this week. For Xinghe, it needs to take about 2 - 3 months again to announce its free warrant entitlement after obtaining Bursa approval and shareholders thru EGM.

The news of the share disposal by chairman was announced before announcement of free warrant entitlement date was well planned to depress Msports share price in order to let the big player to accumulate more shares at cheaper price prior to goreng it up again.

Now Shanghai composite index is very bullish trend and hit new high, hence it will trigger local red chips like Msports to bull run as well soon!

I guess the ex-date will be announced by today or next tuesday. Buy on weakness and grab it now b4 announcement of ex-date! TP = 30 sen!

He sell his shares to the big player for goreng up Msports once announcement of free warrant ex-date . Actually that transaction is off market deal.

Recommend to buy Msports b4 announcement of bonus issue ex-date by today!!!

Buy b4 announcement is out!!!

Get ready to skyrocket now!!!

Waiting for announcement of ex-date of bonus issue after approval of shareholders thru EGM by today. If not today, maybe by next week!

CK Tan, bonus issue of 1 free warrant for every 2 existing mother shares. Pls go through Msports announcement for further details.

TP 30 cents before ex-date of bonus issue! I will grab it more by tomorrow.

Only half of your holding shares at ave. 22 cents. Will buy more on coming monday.

Isit 1.09 million shares? Mind to share your average price? TQ.

Wow Danny, how many Msports million shares that you have now?

China stock market is going to bull run to challenge a new high like US market so it will trigger local red chips to bull run as well soon. Apart from buying XDL, other good undervalue china stocks like MSPORTS, Xinquan and so on will be outperforming soon.

Anyhow, I think MSPORTS will take a lead first bcoz it's going to announce the ex-date of bonus issue of 1 free warrants for every 2 existing shares after EGM on coming Thursday (25 Sept 2014). TP before Ex-date is 30 cents. Trade at your own risk!

Yes Ring, its share price will be adjusted accordingly after ex-date of bonus issue. You can sell it b4 ex-date to take profit if you are a short term player / speculator.

For those who willing to cover their loss in Sumatec, you may consider to buy MSPORTS (Stock Code: 5150) to get quick buck in short term bcoz it's going to announce the ex-date of bonus issue of 1 free warrants with 2 existing shares after EGM on coming Thursday (25 Sept 2014). TP before Ex-date is 30 cents. Trade at your own risk!

Dear friends, you may consider to buy MSPORTS (Stock Code: 5150) to get quick buck in short term bcoz it's going to announce the ex-date of bonus issue of 1 free warrants with 2 existing shares after EGM on coming Thursday (25 Sept 2014). TP before Ex-date is 30 cents. Trade at your own risk!

Are u willing to cover your loss in Mpay? If yes, you may consider to buy MSPORTS (Stock Code: 5150) to get quick buck in short term bcoz it's going to announce the ex-date of bonus issue of 1 free warrants with 2 existing shares after EGM on coming Thursday (25 Sept 2014). TP before Ex-date is 30 cents. Trade at your own risk!

Besides buy & keep good fundamental penny counter like Nexgram, you may consider to buy MSPORTS (Stock Code: 5150) to get quick buck in short term bcoz it's going to announce the e-date of bonus issue of 1 free warrants with 2 existing shares after EGM on coming Thursday (25 Sept 2014). TP before Ex-date is 30 cents. Trade at your own risk!

The rights share price won't be set at 52 cents bcos it will be determined after completion of capital reduction. Maybe the rights share price will be set in the price range of 25 - 30 cents after completion of capital reduction.

Many ppl chase to buy this counter bcos speculation of KTB privatization by Nazmi could be happening in near term, but end up with capital reduction and rights issue which require shareholders to dig out their pocket money to subscribe it instead of reward shareholders. Do you think the contra players, speculators or short term players willing to subscribe their rights share or just dispose it quickly? The anwer will be known on coming monday.

That's right, Vinvin! Pandai lah!

skrc, it's quite safe to buy NCB shares at 9 cents. I think we can't get 9 cents anymore by next week. Maybe 9.5 cents is possible.

Vinvin, NCB plan to diversify their business to property sector that is SOHO & Data Centre project in Cyberjaya so raise fund via rights issue instead of bank loan.

Mr. Harvard 57, I did make profit about 10K on this counter due to bought it at low price, 8.5 - 9.5 cents and sold it at 10 - 10.5 cents. How come you say nobody make money on this counter?

Ms. Erica, I think you can sell your NCB shares once it's up to > 11.5 cents on next week if you have decided not to subscribe its right shares.

TuaHuat, of course.

GLSG, thanks for your support. Anyhow, pls let me buy first before you go in, ok?

TuaHuat, it's too late already if you buy NCB after FOMC meeting (17 - 18 Dec. 2013) because rights share EX-date is 18/12/2013.

I will grab NCB shares as many as possible at < 10 cents before EX-date if possible.

Harrvard 57, don't be so negative thinking on this counter. At least this company's earning prospect is still profitable unlike other ACE counters such as AT, TDEX, Mexter, DSCSOL, Cybert, etc. making negative earning. May be one day its share price will shoot up to TuaHuat's TP, RM 1.00...

Erica, you are entitled to subscribe 7500 units of NCB share at 10 cents and will obtain 3750 units of free NCB warrant if you have subscribed it sucessfully. May I know what's your buying price of 15000 NCB shares?