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16 comment(s). Last comment by kllady_fidah 2015-11-19 08:21

Posted by Logic Trading Analysis > 2015-09-24 08:41 | Report Abuse

I think so, at least got right issue deal to protect from go lower. get the free warrant and confirm it will fried up at first day

Ameera

2,921 posts

Posted by Ameera > 2015-09-24 15:57 | Report Abuse

Exactly... Why not bonus issue?

Posted by Logic Trading Analysis > 2015-09-24 16:03 | Report Abuse

they need more money to expand business. bonus issue still not yet ready.

CFTrader

812 posts

Posted by CFTrader > 2015-09-24 16:15 | Report Abuse

dafaq with that 1 with 6 rights ... sharepool will definitely ballooned....

Posted by Logic Trading Analysis > 2015-09-24 16:27 | Report Abuse

BORNOIL (7036) - Great Right issue Deal -
Buy 1 Get 6 Right at 10cent, Free 1 warract C for Buy 2 Right
6 : 1 at 10sen (1WC : 2RI)
Example: A
------------------------------------------------------------------------------
If buy at RM 0.60 and Ex-date price at RM 0.60
Holding now 1000X0.60=RM 600
Pay for all RI 6000X0.10=RM 600
Total cost = RM1200.00
Total holding 7000 unit at Average RM 0.17+cent
With FREE 3000 Warrant C (potentially worth 0.05-0.10) = RM 150-300
Based on free warrant return RM 150-300/ RM 1200 (cost) = 12.5%-25%
-------------------------------------------------------------------------------
Example: B
if ex-date price = rm1.00
RM 1.0 x 1000 = RM 1000
Pay for all RI = RM 600
Total cost = RM 1600.00
Total holding 7000 unit at Avg price RM 0.23+cent
With FREE 3000 Warrant C (potentially worth 0.05-0.10) = RM 150-300
Based on free warrant return RM 150-300/ RM 1600 (cost) = 9.375%-18.75%
---------------------------------------------------------------------------------
Warrant C exercise price 0.10. After Ex-date:
Example A: Mother 0.17, warrant c price at least 0.07 !
Example B: Mother 0.23 , warrant c price at least 0.13 !

murali

5,723 posts

Posted by murali > 2015-09-24 16:46 | Report Abuse

Dude,u think share investment is like maths ah?dont forget abt the saiz issues.....6 times of new shares..

Ameera

2,921 posts

Posted by Ameera > 2015-09-24 18:36 | Report Abuse

By then will have 6x shares float in the mkt....so much!

nklye

844 posts

Posted by nklye > 2015-09-25 02:45 | Report Abuse

Something like XDL, when it offered rights and warrants few years back.

Posted by Logic Trading Analysis > 2015-09-27 21:19 | Report Abuse

last friday show some action, big clearing at 0.61-0.615. might go higher i guess. if not familiar with right issue, can let go when price go up. if want to subscribe then hold till ex..

LanSeeBoy

69 posts

Posted by LanSeeBoy > 2015-09-27 21:43 | Report Abuse

But its pizza really sucks.

Ameera

2,921 posts

Posted by Ameera > 2015-09-28 11:56 | Report Abuse

Seems hovering at 605 to 615...then back to 605... Mayb seeing 600 soon...

Posted by Logic Trading Analysis > 2015-09-28 21:05 | Report Abuse

most ppl think its better than pizza hutz

Posted by Logic Trading Analysis > 2015-10-13 22:57 | Report Abuse

AFTER EX, BORNOIL meletup up up kuat !

tyran

94 posts

Posted by tyran > 2015-10-13 23:09 | Report Abuse

6x shares in market is good news, higher liquidity is always good news

flee8

145 posts

Posted by flee8 > 2015-10-24 08:06 | Report Abuse

logic trading analysis your assumption was right indeed after ex the price is around 0.20 (closed 0.21 on 23/10)

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2015-11-19 08:21 | Report Abuse

die hard

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