Many group of shark in this counters.

Will stay 15-17 cent for the next few month.

Jack is right. Be realistic. If push to unsustainable level and price fall back drastically. Many will get trap...some will complaint to Bursa.... and Bursa will look for you just like Kenneth Vun, CBL, etc

Being among the top active counter carry some responsibility. Mkt will remember this counter for the mass killing for the next 20 - 30 years. Just like ingen, tms did few years ago.....now no matter how good the mkt , the counter cannot move.

If push now then... when release 644 mill new shares mkt cannot support...... no happy ending. If push after demand supply at equilibrium after 644 mill new share listing.....then happy ending to everyone.

They also want cheap.... but sell high first. 644 mill supply demand theory still work accordingly.

TomJerry....i am not wrong la... i only provoke mara / some shark here to goreng so me and my friends can dispose some before the actual oct 1.

seems nobody follow already....once label as conman for mass killing of mkt participants -- gone already. Same class like pump and dump company like ingen, tms, etc...

This counter normally one day show.... the show is to dispose after collecting low for some time.

The rebound in mother is also speculative with intention more newbies buy the LR. Time is running out now. Few hundreds million need to be release....hahaha

Unfortunately work only for a few minutes...as the buyers are also aware that they also don't have money to subscribe. Speculative buy and only hope for some newbies to buy 1 bit higher for quick half cent or 1 cent profit. Huhu...

Robertzzz and gang trying very hard to lure newbies buying the LR...
Seems like reducing the sell q work as some newbies buy...

hahhaha

Let try a new trick... let reduce the sell q small at 7.5 cent. Let see if robertzz and gang will take or not...

Seller with few hundred million LR in hand a bit tension now. Time is very limited. Robertzz and gang didn't take their selling q at 7.5 cent. Probably have to release some at 7 cents... The rest let see how much can sell.... newbies (the 20 lot buyer)..run out of bullet already.

Monday

Don't take 20 lot, 20 lot..... take all...pls. Not enough money to subscribe.

Ok robertzzz...take all that seller. Somebody still have few hundred million LR needs to release. Traget release 8 - 10 cent. Hope u can take it all....

Don't worry robertzz and amoson will take the seller at 2 cent. Then rebound to 3 sen.. make 50% profit....

Bursa should have not allowed this with crazy ratio LR listed in Bursa. What is the purpose? To scam the investing public ?---> crazy ratio with fake overprice reference price. Trading of this icul and LR should be cancel by logic.
A crazy mass killing of investing public as this LR is actively trade.

mara cost is 7-8 cents because they got 53.3 mill free warrant c.
You can see today major shareholders dump at 11.5. They have been supporting the price at 11.5 for some time before company receive payment for right subscription. Once received the money.... dumb at cost 11.5 (losing some small broker fee). More dumping as they goreng down to 7-8 cent. Goreng down make money, goreng up also make money.
Mara only control 5 % at this time, the remaining 95% is still at unknown hand and they can move the price as they like taking into consideration 644 mill new share come into the mkt.

7 - 8 cent coming. Simple physic 101 supply and demand.
644 millions new share will be listed on Oct 1.
Mara have nothing to lose because their cost is 7 - 8 cent taking into consideration 53.3 free warrant c received from subscription of 80 million right.

No word can say.... such a crazy corporate exercise implemented by this company. Runnn for your life... never look back or get yourself slaughtered.

I think pdz will stay around 30 cent. Next move will depend on third quarter result announce in November 2014.

In case I Bhd share drop to 90 cent in the next 3 trading days...

p= 0.75

LR realistic value = 0.02 cents. All buyers going to be buried alive haha...

OR ratio is 5:4 ... over supply issue does not arise.
LR ratio is 5:1....death trap over supply of LR

What happen here spfoo? haha

OR should be ok because the valuation / reference price is fair from day 1. Straight forward case if you have money to subscribe.

5000 unit mean 50 lot. Small top up. Only 5000 x 0.69 = rm3450
Your cost will be rm3450+ cost of buying 50 lot OR + broker fee.

Got something wrong in my above calculation.

At IBhd 1.09... p= .91

at 60% percent discount LR value 6.8 cent.

If unable to sell then go back below rm1.00

China company get the money, investment bank and bursa also got some fee. Malaysian investors get conned.

retail investor / i3investor forumer get scam again and again...huh..

Should be.... as stated in the prospectus.

game over. Downtrend already..

For those who want to get bursa feedback on overprice reference for LR :

Complaints or Enquiries

At Bursa Malaysia, we value your feedback, to enable us to improve the quality of our services to the industry.

As such, if you have any complaint or enquiry on our services, you may contact our Customer Service, as follows:-

Bursa Malaysia Berhad (30632-P)
LG Floor, Exchange Square
Bukit Kewangan
50200 Kuala Lumpur
(603) 2732 0067
(603) 2026 4122
Help Centre
Aduan@bursamalaysia.com
The Board of Directors of Bursa Malaysia is committed to ensure that Bursa Malaysia fosters an environment where integrity and ethical behavior is maintained. Any conduct which, if proved, constitutes a criminal offence or any conduct that constitutes a wrongdoing or malpractice (“Improper Conduct”) will not be tolerated. Examples of such Improper Conduct include a breach of any law (for example, insider trading laws) or the commitment of any criminal act, including criminal breach of trust, extortion and sabotage.

Listed or not listed have no impact on valuation because can convert to mother share anytime.

Now at 1.07 mother share . p= 89 cent.

LR = 8.3 cent.

In case the mother is push to 1.40 in the next two mkt day value probably 10.5 cent. If not it will stay 8.5 cent - 9 cent.

***should be 50 to 60% dicount.

So it should be no surprise if u see the LR limit down on the first trdaing day because the reference price is way overvalue.

That a lot bro...
Now let me show u the reference price it should be in the first day for LR.
On friday I Bhd share close 1.25. After bonus 1 for 5...adjust to 1.04 for LR valuation. Let say price after bonus = p = I Bhd price x 5/6

Now come the trading day. Let say the value of LR = X

Now if you buy 1 LR u have to pay = X + 0.50
After buying the LR you will have = .50 x (1/0.68) x p ---> because u can surrender rm0.68 nominal value into 1 share as stated in the prospectus.

So u will have X + 0.50 = 0.50 X (1/0.68) X p
So in the first day reference price should be X = 0.235p.
p on the first trading day of this LR = 1.04
So LR textbook refrence price should be = 0.235 x 1.05 = 24 cent. (SURPRISINGLY BURSA REFERENCE PRICE IS 41.5 CENT THAT TRAP MANY INVESTING PUBLIC)

Back to real mkt valuation:
Mkt normally value OR / LR at 40 pecent to 50 percent discount because of the following reason:-

1) Instrument trade for 5 days only
2) You have to come up with more money ( a lot)
3) In this case even more the supply of LR is five time than normal (see how greedy these people are) because every 1 share in I Bhd have 5 LR.

So in the first day LR fair value 40% x 0.24 = 0.095 cent.

Now that the mother is 1.11 only. p= 91 cent.

Fair value LR at present time should be more than 0.4 x 0.235 X 91cent = 8.5 cent.

So LR value at present should be less than 8.5 cent for trader. More than not worth.

pump and dumb style. See historical price of this share u will know. The mkt will remember that unless change of management.

This is the most stable share in Bursa. It will stay there 5 cent for many years to come.

Sanichi case the OR stay 2.5 - 3.5 cent most of the time and stay 3.5 until last day. Everybody is happy to subscribe the right to get the free warrant. This one a bit difference... you are slaughtered even before paying more money for the subscription as you can see the LR getting lower.

Maybank also got forex broker operate in Singapore under Maybank KimEng. Confirm no trojan horse.
Yes forex trading is extremely high risk. Not suitable for general public.

Stable at 30 cent ...waiting for third quarter results to see if the profit projection is right or not.

Good for you ahmad. My intention is to help fellow traders to make money or incur minimal loss if any by providing realistic valuation / opinion. Helping fellow traders (Sharing info) is a normal if you trade gold, commodities or currencies. But in Bursa it seems different as everyone is trying to kill the others...haha..

???

Today is the last day for payment of right subscription...
Tommorow? Ehemmm...ehemmm

Put high reference price and dumb strategy in action....very close to pump and dumb starategy.