in april this year he had only 36% in Johan and 37.44% in George Kent. George Kent price has shot up. So he increase his stake in Johan to more than 50% while his stake in George Kent is still 37.44%. So now his favorite will be Johan or George Kent?

30 sen more to go up

battle for control looming up up up 20 sen

buy boustead CL at 5 sen better. Strike price is RM 3. So if boustead is 3.32, the CL will fly.

2.95 now Kenanga Research reckons resistance is 3.32. On 5 September Kenanga Research target price was 2.20

every 0.01 sen climb is almost 20% increase.

up 8.333% now

Contrarian view. Sell when majority buy. Buy when majority sell. More RCN coming good for the company. New shareholder put in RM 80 mil reduce borrowing and interest cost.

watch it climb from 0.05 sen to 0.20 sen soon

Note holder wants the price to be at 5 sen not 20 sen now so that he can get more shares on conversion. If 5 sen he gets 1.6 billion shares. if 20 sen he gets 400 million shares. Dennis Ling wants the conversion price to be at 20 sen and not at at 5 sen so that the note holder will get less shares on conversion. Who will win this battle of the conversion price?

note holder conversion based on market price but cannot be lower than at 5 sen. Note holder started to convert.at 5 sen? What is the strategy of the note holder to put in RM 80 million into the company? Burn his RM 80 million?

worse case lose 5 sen. if battle for control starts may go to 20 sen, the cost of many current shareholders. downside 5 sen upside 20 sen. accumulate 10,000 lots and laugh your way to the bank when shareholders fight for control.

accumulate before limit up .........

yes limch.3 shareholders more more shares for control. price will go back to 20 sen

Now noteholder also become substantial shareholder. 3 groups holding about 10% each in the company. who is in control now?

new shareholder emerging

drop from 15 sen to 5 sen .cheap sale. if go up to 15 sen again will be 200% gain

boon poh and yong kang hav more than 10% shares almost same as dennis ling. battle for control looming.........?

PA rank in priority to mother share for dividends and for return of capital in the event of winding up.

125 mil queue is only RM 13.75 million required. Not enough to pay for 11 mil mother share. Mother share volume today is already more than 36 mil.

tomorrow up or not must ask Clinton

can convert anytime from issue date but if not converted on expiry date will automatically converted by the company

can convert today

If mother is 1.21, PA should be 67 sen (1.21 - 0.54 sen cash to convert). Now 10.5 sen is 85% discount.

PA 525 mil

warrant in issue only 50 mil plus. volume traded 134 mil. goreng 3 times today

Theoretical price of PA in a perfect market is RM 1.23 (mother price) - RM 0.54 (cash to convert 1 PA to mother) = 69 sen. Now only 11.5 sen.

car 23. you can choose

1 use 10 PA with zero cash to get 1 mother

OR

2 use 1 PA and 54 sen cash to get 1 mother

PA can convert to mother in two ways.

1. Use 10 PA (cost 12 sen x 10=RM 1.20) without any cash to exchange for 1 mother ( 1.25 now?).

OR

2. Use 1 PA (12 sen) and 54 sen cash = 66 sen to exchange for 1 mother (1.25 now?).

mother limit can't go up anymore. focus will move to daughter WA and sister PA

put all your money into PA. its rock steady at 11 to 12 sen. can't go lower but can shoot above WA by 6 sen.

PA only 12 sen. add cash 54 sen total 66 sen get one mother. better deal than WA. crazy alright.

SGB PA only 12 sen. add cash 54 sen total 66 sen to get one mother. Mother is 1.20

at last daughter WA going up. Young sister PA got lots to catch up.

sell one mother can buy 10 young sister PA. PA has paper value of 66 sen.

mother is cornered. next corner her young sister PA and daughter WA.

PA not moving up because i3investor calculate the premium is RM 0.825 (89.18%) and the gearing is 0.804 times. Don't agree with i3investor calculation. Anyone has any other premium and gearing calculation?

Dr Mahathir resigned as Chairman of Proton. Govt grant more than 1bil on the way to Proton

likely to be

anyone knows result of egm