OasisCheah- I have no idea. As far as I can remember, u buy the rights - then subscribe it then u can get free warrant. I could be wrong.

Any sifu can shed some light on this?

Yesterday closing price 4.95, reference price after adjustment is 4.74. Today from low 4.53 hit high 4.72. Means the OR will be a strong conversion.

So how much will be the Rights price? RM4.95-4.74 = RM0.21

RM0.21+4.35 = Rm4.56. Still good offer, eventhough ASSUME IF you subscribe to the OR, u will not get FREE warrant.

http://klse.i3investor.com/servlets/anpth/949573.jsp

If you all missed the ex date, buy the Rights issue when its listed on 13th, so that you can ride on the free warrant. Bear in mind that the Rights issue is above RM4

Mr. Oilman, guess what?
Show proof that rig is indeed in OMAN. Data please to substantiate your claim. Bukan cakap kosong je.

When ASX bar or suspend the purchase via stock payment, GHLsys will see 50cts.

see u back at 2.00

Rikki

Contradiction data.
http://www.rigzone.com/data/offshore_drilling_rigs/1395/Jackup/Aban_Offshore/Aban_VIII

Status Drilling, Location IRAN. yes, IRAN.

http://w.oilrigusa.com/jackup.htm
Status : Ready Stacked, ie can start drilling in 1 to few days


ANOTHER paid data

Time (UTC) Position Type Port Area Latitude Longitude Speed Course
06-11-2013 14:00 Midday position Arabian Sea 15.41557 73.79204 0.0 0
06-11-2013 00:59 Midnight position Arabian Sea 15.4156 73.79198 0.0 0

Type that to maps.google.com

Guess what? Still Goa

15.41557, 73.791980‎

So please quiet and accept the fact that the vessel still in GOA, INDIA

Trapped? Yeah, please standby to sell at 0.65

Sheridan, previous high was 0.29cts, not 0.28cts.
The run behind it was due to the WATER THEME play in August.

7 trading days, from high 0.29 to low of 0.14. And u're saying 50cts? Oh yeah it may happen if PUNCAK is RM5, KPS is RM3

tsurukame - there is a clear view of general public investors that the mother share will not maintain the RM1.00 and plus for the fact that you need 1 year from now to convert.

So best is to wait for lower entry price. Isn't that an arbitrage itself?

dah la tu cik mbge7clt

Dream is free but dreaming based on FACT is reality.

RM2.50 will coming soon. FF starting to dump.

IRCB is very stupid. should move into CONDOM maker.
Take 1% of world share,price can be RM1.00

Go spam elsewhere. Idiot like PJTrader.

BOND/Loan give you FIXED return, still way better than FD

Cable down. Where ist he CABLE promoter? BUY NOW when it was 1.7x? Crawler issit? LOL

Private Placement confirmed a hit if the private investors are confident of the company's outlook

But mind you its must be at a lower price.

Also it will reduce the directors' direct holding. This is the fastest way to raise capital to support the company in 1 year term.

The price/cost for this is about 2.5% of the total cash raised - still cheaper than borrow from BANK.

Just throw away this counter and load up on others like of Puncak, KSeng, GENP, Takaful. Why wasting energy here?

Hmm, not a really tough question

First - jackup rig is cheaper than a drill ship.

Towing with 1 (20,000 hp) +2 (14K hp) tugs will do roughly 5 knots. All depends on current/swelling, winds ie weather condition.
Sometimes, rigs towing stopped completely due to adverse weather conditions.

That will be roughly 9 days with refueling. (1100 miles at 6 miles per hour)

However - worth noting that ABAN is India based company. So Goa is perfect location of the fleet.

Daya is controlled stock. Check the BUY/SELL Q everyday.


No sir Anbz - I disagreed with you. 0.30 is far far away.
Another one is KNN eh silap KNM.

TrendingBull - US Stock market is open, can't u trade it?

Come on folks, stop BS yourself.

Stock with MILLION BUY and SELL Q how to move fast? Take a look at MAS.

DUMP this and go for other counter.

open high close up 1cts. not a good sign, just a sign of goreng syndicate. stay clear until the fog is clear.

BUY at 0.01 x5000 lots and keep as FD.

Stuck in a range that is so narrow, aka dead cat bounce.
TIME to DUMP and RUN for other counters.

GST counters are running wild. CENSOF, GHLSYS and MYEG. The latter 2 did their run, the former still not yet.

Sorry Sir Sheridan. I misread. This info should go for lim88. Aiya!

Sir Flowerpower - Yes they are slow but making a move at least.
REX tech is a hit in US. Will we have the same result in OMAN?

Aban 7 still in Goa.

What the heck, inspection taking so long.
Go inspect in Singapore takes 3 days maximum. Highly qualified inspectors. Pay extra for speed.

http://new.marinetraffic.com/en/ais/home/centerx:73.79198/centery:15.41557/zoom:8/mmsi:356304000

ASB79 and prc4wifefe - same user then.

COME to 3.00 what 2.50 u are talking FortuneB?

whoa, jaw dropping from 6>7.50 in less than 1 month.

funny how some members think BullBear is an Analyst. Infact, all his writing is a COPY and PASTE from many sources.

Err - maybe he logged in with dupe a/c and support his idea.. LOL. anything is possible ONLINE.

Nice, from 4.00 before NEW FIELD to now 4.00 still.

Cancelled my Q at 0.240. Re-enter esok je la. RM0.200 x 5000lots

to buy or not to buy... Q 0.240 x 5000 lots

Not sure how we can make money out of this.
Price is very steep for Right Issue. May try for 1 lot then

RM3? Possible but that is long way to go about 2~3 months time IF BLACK GOLD hit

Already fly today.

PETRONAS will not award contractor with bad cashflow.
Defied their Procedures of Contracting.
Refer to PETRONAS Technical Standards
Plus they are not even in the approved Vendor list.

Please lah don't speculate.

Posted by steviebull > Oct 28, 2013 05:25 PM | Report Abuse

heard its due to some big shot selling
==============

Stevie - how to short sell as its not regulated by BURSA.

DRB at 2,70? Not so fast.
Try to break 2,50 first before can see some actions

Forum does not gone nuts, a specific person that is - the infamous ANBZ (hang busy)

Biarkan la si luncai dengan lembu2x nya.

GPacket ada chance ke for ( HSBB project with Private Firm? )

Which kompeni is doing telecom towers? I cannot recall la

I'm very surprised there are still noob don't understand how to read an announcement and thus create panic and fear in the market.

Again and again, a noob comes in and paste that info. What??? LOL


Circumstances by reason of which change has occurred>>>>>>
Offer for Sale pursuant to the Initial Public Offering.

panntung - bukan ke semua that disposed is due to PUBLIC Offering?


Ruben Emir Gnanalingam Bin Abdullah (495,000,000 Shares Disposed) === equal to 1.2 billion ringgit. Wooohoooo (tapi kesah dongeng je ni)

Calvin, that's why i put be patient for upwards.
Perhaps u didn't get me.

If Mgmt not doing nothing, then back to 10-15ct.

But you cannot erect big statement like If 3rd WW coming it will be back to 10-15cts? Hell, if WW3 coming, even Maybank will be a penny stock.

http://www.centurysoftware.com.my/csb/uat/

Provide Software and Training.

Japan never lose to MALAYA but gave up/surrender lepas di bom di Hiroshima & Nagasaki.

52 weeks high now. sabar, will come down back to 10-15 cts if Mgmt do nothing

No special thingy for O&G.

Rex still suspended. Wonder what's the news there?

60cts coming post budget. Standby to eat out your hearts & minds.

Not yet. Should be in next week. Today payment processing I think.

A.Wong - CMSB is $5 ringgit stock. So up 0.07 is like up 0.005