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18 comment(s). Last comment by JackPonting 2019-04-30 19:59

davidkkw79

5,068 posts

Posted by davidkkw79 > 2019-02-23 22:47 | Report Abuse

....speechless

LimKT

482 posts

Posted by LimKT > 2019-02-23 23:06 | Report Abuse

very well said, and i mostly agree with this "ERP software market is a high growth segment with a lot of revenue and profit potential."

ERP software in Malaysia is the trend in 2019 http://www.theedgemarkets.com/article/malaysia-it-spending-grow-46-2019-rm652-billion-says-gartner... Aturmaju has made the right move, heading towards erp software market

ZHYsuper

52 posts

Posted by ZHYsuper > 2019-02-23 23:34 | Report Abuse

knew it..i edi bought it b4 its getting hot hehe

Posted by Nicholasming91 > 2019-02-23 23:40 | Report Abuse

U guys know when u bought the PA, convert to mother share takes how long ?

LimKT

482 posts

Posted by LimKT > 2019-02-23 23:40 | Report Abuse

14 days

Posted by Nicholasming91 > 2019-02-23 23:42 | Report Abuse

Like that mother share possible drop more . Keep sell sell those who converted

Posted by Nicholasming91 > 2019-02-23 23:47 | Report Abuse

But i think someone will push again

Posted by Wolf_Of_Gaya_Street > 2019-02-24 05:29 | Report Abuse

what a huge transformation! venturing from producing timber product to tech company XD

cytew

1,575 posts

Posted by cytew > 2019-02-24 05:35 | Report Abuse

conversion of pa to mother share takes 8 trading days

jaynetan

1,417 posts

Posted by jaynetan > 2019-02-24 09:55 | Report Abuse

Incorrect

Posted by Nicholasming91 > 2019-02-24 10:12 | Report Abuse

Once the 1billoon Icpa used up, no more arbritary gap profit taking ?

jaynetan

1,417 posts

Posted by jaynetan > 2019-02-24 10:28 | Report Abuse

So far previous records of convertable stocks, no (used up ) until maturity.

Posted by Nicholasming91 > 2019-02-24 10:37 | Report Abuse

Okay. Trader Constant profit until eventually noone wants to touch this counter

Posted by Patrick TheBull > 2019-02-24 16:16 | Report Abuse

Every conversion of PA to mother will make the mother more liquid, current market shares for Aturmaju is just 72 million (after latest conversion) and the public float percentage is still just 36%+- according to Thomson Reuters. This stock can be highly related to MWE (78%), DUFU (77%), AMEDIA (76%), BCMALL (76%) and many more which most of the shares are holding by the insider.

Posted by Patrick TheBull > 2019-02-24 16:55 | Report Abuse

The gap will slowly to close by 2 ways:
1. Mother's price drops; or
2. PA's price goes up.

Anyhow, its more likely for mother price to go down compared to PA's price goes up. As long as the return by converting to mother share is rewarding and attractive, traders will still taking advantage of the "gap" which soon to be closed.

Note that, I did not say that PA price will not go up. PA price will go up anytime, once the gap is closed (then follow mother's price movement) or the gap still provides an attractive reward by converting to mother shares; as well as the investors start to see an increasing profit in coming quarterly result.

The quarterly result is expected to be released on coming Thursday (28/2/2019), might release early as well. Anyhow, if the results are disappointing, it will not affect the PA's price much as compared to mother's price. Because you still can convert the son to mother anytime. The risk involved is the conversion risk and unforeseeable events occurred (anything can happen during these 2 weeks period). However, if you want to play safe, can consider to buy in after you see its result.

Just my 2cents, I do hold some of its PA and not planning to convert. The reason is simple, I am not looking for fast profit.

You guys can reach me through StockBit Malaysia " Patrick TheBull" or Gmail "patrick.thebull6@gmail.com", **just for stock discussion**.

Greyhound

19 posts

Posted by Greyhound > 2019-02-24 17:30 | Report Abuse

patrick, where and how u discover counters to analyse?like how u get to know this counter??

Posted by Nicholasming91 > 2019-02-24 17:50 | Report Abuse

Ok thanks for answering. Will look to buy in PA since it matures in 5 years .

Posted by JackPonting > 2019-04-30 19:59 | Report Abuse

Wow amazing blogs. Looking forward for more interesting blogs.

- Jack
http://www.qualitydissertation.co.uk/marketing-assignment-help

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