Bottom Support!!! PROJECT IC coming for a countdown..!!! Which co? IRIS is hot alreaady... so this one will get compensation if so

Gem... BUY!!!

If you see MCT, YONGTAI IJM, EKOVEST, MERIDIAN move alot, then come to see here again..

The sector is starting to get hotter..

You will see these companies start moving already...

OPR is there to push up ... PERMAJU seems hard to move unless MCT YONGTAI IJM, EKOVEST, MERIDIAN and other similar counters move too.

The best strategy is just buy and keep... no CUT LOST. and SELL on 10 August!!!

It is too early to expect a boost. Wait one week before 10 August for a real show. Otherwise u will suffer up n down deadly chart like just now...

10 August 2020 is the peak to grab!!!

Important Relevant Dates for Renounceable Rights
PERMAJU INDUSTRIES BERHAD

Entitlement subject Important Relevant Dates for Renounceable Rights
Description

RENOUNCEABLE RIGHTS ISSUE OF UP TO 936,309,855 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN PERMAJU INDUSTRIES BERHAD ("PERMAJU" OR THE "COMPANY") ("ICPS") ("RIGHTS ICPS") AT AN ISSUE PRICE OF RM0.05 PER RIGHTS ICPS TOGETHER WITH UP TO 93,630,985 FREE DETACHABLE WARRANTS IN PERMAJU ("WARRANTS") ON THE BASIS OF 10 RIGHTS ICPS TOGETHER WITH 1 FREE WARRANT FOR EVERY 2 EXISTING ORDINARY SHARES IN PERMAJU ("PERMAJU SHARES" OR "SHARES") HELD BY THE ENTITLED SHAREHOLDERS OF PERMAJU AT 5.00 P.M. ON 14 JULY 2020 ("RIGHTS ISSUE OF ICPS WITH WARRANTS")

Despatch Date 16 Jul 2020
Date for commencement of trading of rights 15 Jul 2020
Date for cessation of trading of rights 03 Aug 2020
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 13 Aug 2020
Last date and time for :
Sale of provisional allotment of rights 30 Jul 2020 05:00 PM
Transfer of provisional allotment of rights 04 Aug 2020 04:30 PM
Acceptance and Payment 10 Aug 2020 05:00 PM
Excess share application and payment 10 Aug 2020 05:00 PM
Available/Listing Date 21 Aug 2020

-------------------

See the dates!!!!

im catious to say RM1.00 but 0.80 seems realistic at this moment

0.044 to 0.14

the price drop could be rationally done for some good reason..

the only problem with permaju is to overcome the problem of having multiple negative QR

rational, to support the buying sentiment and taking up of the RI as indication of full trust from co n its investors

then drop again.. but shall up again after a few weeks as project usually prospective

1 july was the final date to pay

max on first july.. check yourself

early of june VSOLAR rised 300% its price from .440 to .140

or even 1.00

could be above 0.80..

Likely double up like 0.80 .. i will analyse the TA n share later

metal too

sure all auto n construction co will explode

strange, a very good co but still being pushed down low

I believe it will go up the maximum in August the last date of acceptance of RR

When that news came up the price was 0.85 20 days later drop to 0.25.... im speechless..

BeAmillionaire Hi all, ex date 13.7.2020, means why, what is the different between ex-date and entitlement date?
new b need help!!!!
07/07/2020 5:01 PM

Could be this a real help : https://mindabursa.com/2020/07/07/what-you-should-do-when-a-company-declare-renounceable-rights-with-free-warrant-offer/

It is a game... buy to trigger surge, then go accumulation, then pressdown hard to eventually a few players into the game... others just better watch coz has been trapped high... it cutloss, happy to collect coz when the time comes, push up again for another round..

price can go up 0.70

untill final date

can buy still

Asia Bio And Credit Suisse are here..

the price shall explode man..

golden cross !!! way up !!

when ASIA BIO is there... trade carefully... stay together.. chart n fundamental are no longer relevant..

BUY BUY BUY !!!! Triple up soon..

double for sure!!

Hehehe... 0.40 can go anytime now...

If u need similar co in the past, go check Bintai Kinden... a good co..

the co has been into a controllable position

i will not be surprised if the price could go down 0.14 despite of solid profit..

I suspect same too.. Careful no matter how good this co the price doesnt follow the same rule..

Golden Cross!!!!!!!

Does break new high

Yes!!!!!

Volume stronger but on SELL lol..

Using ADX

Volume getting stronger on 30min chart...

Gov preferred out of court settlement likely??? News comes up soon...