At the moment its still sketchy... no of shares to be issued to S5 directors at what price? And ratio and total number of shares to be issued? Also what will be the valuation belived to be 900m...
Of course this is one step further towards the rto even though this is very expected. But with the inking of the purchase will expect interest to pick up...all the best comrades! Hapy for those still hold. :)
S com, with annually $63mil n.profit over a 120 mil revenue... ( not yet calculate its potentially success bid for NIIS contract, that shall cause a double up to its bottom line)
Take a x25pe.... This Babe Ace at least worth $3.33 per share; or to be ballooned to a $1575mil market cap .
Hmmmmm this operator very greedy. Wanna earn penny from them also tough. But if the target is to push high low and get back the ticket for next push, then it will be another wave to push above 1 dollar.
Dear comrades....its better nit to be greedy. Have profits, just take. Nowadays limit up is not sustainable. And always when good news out the next morning first 30 minute peak and then all the way down....this may not be the case but no harm just exercise a bit cautions....like our T800T bro mentioned, its hard to earn from this operators.
The other day From 56 all the way to 70 and then all the way down to 58.....this is not the way to gain confidence of the investors be it punters or traders...
Since rto is almost finalised...i dont think it is quite safe to play now...eg .if conversion is 10 to 1...10 ancom is RM5K..new share price would be much lower than that..then loss already...ancom existing share will be reduced...more new shares will be issued...i hv seen this scenario b4
Monreyes....bro, i share the same concern as yours....and also if the share price get push too high the acquiter may not be interested cos tge acquiring cost will be too high.
But in malaysia the boleh land anythg can happen. So we will never know. If have chance just get a quick kill and exit.
As i mentioned, this news already very much expected. Without this new the price will drop below 50. Now it had to progress to next step to bring the price higher. Those who belive there still oportunity to buy in. Those who hesitate just saty at sideline watch and wait for trading oportunity
I think the big pkayers already loaded up. Just look at the volume of last week of 240m, i would expect this week big volume sell down...but it didnt happen. And the volume done after T+2 is just a fraction. So, do ur maths and make ur own guess...all the best comrades....cheers!
Still don't know how many shares will be issued to purchase S5.Say if S5 worth 1billion,new shares issue are 100mil,then Ancomlb per share is Rm10.then the share will be limit up 10 times.If the shares issued are 10bil,then per share is 0.10,Probably Ancomlb will be limit down.lol
Myeg 3.6B share, Dsonic 1.4B, do you think it will issue 9B share? If yes, why the operator wanna push up to sustain at 0.50? No need to speculate, as long as RTO is successful, hold longer sure made fortune.
Further to the Announcements, the Board of Directors of ALB wishes to announce that on 1 September 2020, the Company entered into an Offer to Purchase Agreement (“OTP”) with S7 Holdings Sdn Bhd (“S7”) whereby S7 agreed to deal exclusively with ALB for the sale of its 901,321,377 ordinary shares (the “Sale Shares“) representing seventy six point thirty eight per centum (76.38%) of the entire issued and paid-up share capital of S5 Holdings Inc. (“S5”)
how much to pay for this 901,321,377 ordinary shares? say rm1 or rm2 or rm3 or rm5?? Pay by issuing new shares of ancomlb at rm0.10??
so what will be the enlarged paid up capital then?
T800Terminator Myeg 3.6B share, Dsonic 1.4B, do you think it will issue 9B share? If yes, why the operator wanna push up to sustain at 0.50? No need to speculate, as long as RTO is successful, hold longer sure made fortune. 02/09/2020 10:34 AM
So u guess how big will be the enlarged paid up capital then?
As all of us speculating i would think the persons or oarties concerned would not wan to see the price spike up too much in this juncture...when the due d still im preliminary stages...the next excitement after this news will be the speculation of the award of the niss contrac. Though anclg will not benefit directly but indirect benefits from iris and others will spur prices. So we may may have ti wait a while.
But one thing i m quite sure, the big players are slowly gearing up or already geared up
Dun forget, those parties concerned their fresn relatives collegues all with insider may jump on the band wagon. And also directors of all thoses parties may also joint the actions especially those in MyEg that is well know to invest/punt the market. So all now are speculations and theories.. all these factors make a good trading oportunitues
Posted by CharlesT > Sep 2, 2020 10:46 AM | Report Abuse
10b shares at rm0.5= rm5B cap oredi...much bigger than yr expectation....
ME : THERE ARE NO OFFICIAL CIRCULAR OF THE SHARES TO BE ISSUED YET BRO, I SENSE THERE WILL BE PREMIUM IN ORDER TO BE TAKEN CARE FOR CERTAIN CRONIES INTEREST. THUS, CAN'T APPLY ANY CALCULATION SO FAR.
CharlesT bro....at this juncture after appointed TA to do the due d i think the chances of going thru will be much higher...at least better chance than connect...:)) Connect previously was just rumours.... but anythg could happen. We can only trade with caution
VenFX...agreed with u bro...in order for this deal to go thru....certaom cronies need to be taken care off...handsomely...so i do not delete the possibility that the price will go up to 80 along the way or even touch the 1 before easing off...paying off thru market is the best way and norm
Each time the price trying to run we will see it get throw down and get cool off...seems like someone is doing the extinguisher job try to keep the flame down.....keep the fire butt but keep the inferno from happening...
U are a good commentator in here... I enjoy lots by reading your comments in here.
Ancomlb s director has been reducing progressively with estimated exit price of 0.45-0.500 ,can discounts the possibility ancomlb goreng-up by its major shareholders in order to ease the exit as pre-rto for S5 to exercise.
To date, the major Director has a stake remaining apprx 10-12% of Ancomlb 473mil nosh .
Once this is done ...
NEW TAKERS S TROOPS SHALL BE IN... THAT THE REAL SHOW AM WAITING FOR.
The major shareholder will remain their stake for at least of 5% to 10%. So, when there is stop selling of Ancomlb s shares , ONE MAY MADE A GUESS FROM THERE for the new issue shares going to be happening.
VenFx....thank u for your kind words...i am justvtrying to make sensible comments in here hope to exchange hinest view and infors. Hopefully by doing that all of us can beat the odds and make some pocket monies together...
What u said make sense...i think price will be holding here for the main director ti continue to dispose off his remaining....and i belive he has done so quite a lot during the run up to 70 sen last week...when the disposal pressure ease off we may see some actions after...
So the qiestion is, shld one buy in now and hold for new team to come in and jack up? Or shld one just trade with the momentum making 3-5 sen each time?
So its very individual, depending on howbu feel and what is your risk appetites??? What u say?
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
MQ Trader 118 views | 12 h ago
0:17
New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
MQ Trader 385 views | 4 d ago
0:17
New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings Bhd aims to list on the Ace Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Agjl
5,710 posts
Posted by Agjl > 2020-09-01 21:24 | Report Abuse
At the moment its still sketchy... no of shares to be issued to S5 directors at what price? And ratio and total number of shares to be issued? Also what will be the valuation belived to be 900m...
Of course this is one step further towards the rto even though this is very expected. But with the inking of the purchase will expect interest to pick up...all the best comrades! Hapy for those still hold. :)