687423, are you privy to some insider info besides the bonus 1:1, what is it that you knew that we don't. Share the news laaa..... ;)

Always look for a consolidation of the bottom price before you buy. It's still very choppy now.

Sorry, in fact the share par value reduction had been deemed completed on 2 November, meaning to say this stock is now a 5 sen par value share.

Please be informed that the capital reduction is now pending the court's green light, which is just round the corner. This is the reason why the rapid decline. I could see it going back to below 10 sen very very soon.

malinfan, if it goes up, it can be very fast yo, it will just take every bid up ;)

Can take off any time. EGM passed the resolution for 1:1 bonus 2 months ago, so the ex-date should be announced very soon.

can spike anytime now to go ex for bonus 1:1

stock should rerate soon after 3rd quarter result announcement 20th Nov; that without taking in the revenue generated from the pipe replacement project.

Ring, that's ok, I just want to make sure the mother moves. Exercise price is 83 sen, so if the mother moves to 2.00, the warrants would surely be over 1.00 or more. Gearing is a nice 3x.

i just bought more of the warrants at 41 sen again. Managed to get at 39 yesterday.

For these guys who have taken a major position in the company after a debt restructuring exercise with a pending asset injection, why would you want these banks to be still standing in the way? The first leg up to 22 sen is an incentive for the banks to unload their positions. I would say, there'll be the 2nd, 3rd and 4th leg up along the way. See you up there.

Ya, also UOB, and these are the shares that they are allotted in lieu of the debt restructuring.

As predicted, Chung Kiaw Bank is the one divesting today. Like I said, the game is only just about to start with the banks getting out of the way first. Only then, individual shareholders will flex their muscles in their control over the shares going forward.

They are getting the bankers out of the playing field. I don't think the game has even started.