Posted by Multibagger > Feb 7, 2014 06:28 AM | Report Abuse
Assume you have 4 shares of TGuan, you can get 2 ICULS for $1.00 each and 1 Free warrant.

ICULS - you get 5% pa interest paid twice a year. Van only convert to mother share after 1 year on 1 : 1 basis.

Warrant - can subscribe to mother share at exercise price $1.50 per share

With such sweetener, mother share should jump! After the rights issue, may come down a bit as there will be dilution to earnings when there is conversion of ICULS or warrant. However, if earnings pick up and counter the dilution effect, share price may continue to climb. This could be the case as the money is partly used for expansion/upgrade of machinery. My 2 cents.

Posted by TanSriDato > Feb 6, 2014 11:36 PM | Report Abuse
Thong Guan Industries Bhd is undertaking a renounceable rights issue of up to RM52.60mil and plans to issue up to 26.30 million free new warrants.
It said on Thursday the rights issue would be up to 52.60mil nominal value of five-year 5% irredeemable convertible unsecured loan stock (ICULS) at 100% of its nominal value of RM1 each.

One tonne mee.. how u arrive at tp1.60

Today sell sell chey bo

Tj I am here. Ada mimpi limit up ctr

above 3 on mid term run up to the iculs and rights issue. I am confident.

Kevin what's the tp. When aunloke buy I will follow.
They already announced fund raising

Wa lau.. very volatile. Good for traders

Bones thks for your note on Trop

Duit if you come across any children need help let me know.

sos thks. for the sake of argument another o n g counter UZma announced a RI of 75c when the share price is 6 plus. for first time I see such a big gap

Nicky how did you derive 4.62

cross, are those ctrs in espionage biz... no cia? Kekeke

cross whats on yr screen now

Rchi .. mr E lai laio

Big big huat arrr

Bones .. 7k lots to go. Congrats.
I m out of this thread. Enjoy guys

Bones detected stochastic

Bones good chance in nx 30mins hit yr tp

beh tampok nia. supermarket company wa lao eh

Icon.. what else

Biscuit whr are you. RI damn cheap

.

Tj hoot arrr

Lol... bull run. Syoik

Anybody bght yesterday

Icon.. my tp 2.40 a shade lower than yours.
Looking at warrants double

Bones 3 cheers

damn its gonna be a long day

Selling a little.

144 come on

Must take out 144

sam.. my broker

Hi crossmics can you expand your point no. 2.

Tj .. this one eh bo

My sifu bght today. Can ah

Aiya brunei Lim. Just watch at the side how the trade perform today.
Dont talk your self out of up trending counters that you are holding.
Both sides of your brain not in sync

Sep any link to the midf report

Beh bo si umm si

normally profit taking will happen for this type of news. see if it is well absorbed or there are more news up their sleeves

sure. but thks

waih is BB10 a term in TA or just a digital index

Ai seh tj.. wrong thread.
Go to talk 3 talk 4

Ma cai kua ock gadang scicom
Oh coastal. Today bo ka hoot.
Ijm also.
See TJ... me bo tit tho penny stock since ge13

market bo sui for past 5 market days

ya ya icon
tj hoot kaw kaw

Ckl You seems to contradict yourself about corruption whilst you are holding yinson. I don't know which age group you are in. In the 80s Daim made close to six to eight hundred million by holding one bank each for hardly 3 years. Bank De Paris become Malaysia French bank sold the multi purpose mca and umbc later sold to Pernas. Same M.O. here. Mokhzani entered corporate world thru tongkah .. Pantai.. Trace it your self.

Daim and Apanama then created the 93 bull run with darling stocks like renong n mrcb which shares price rose fr pennies to many ringgit shares.

Coming to yinson how high it Can go is Anybody guess looking at the present longest bull now. Ride on, mate

Jal may I ask .. Are you also referring to Hup seng

Leno your last posting seems down to earth but polite compared to Your Hey days in Investlah

thks 82. kekeke. owner srambling to buy.