This forum is so quiet. Most monitoring quietly and accumulating...unlike other forums, keep taking and praising when up and keep curving and lora of negatives when down.
Here is better. Keep it up comrades. Do ur own research and take your own calculated risks. All the best!
https://klse.i3investor.com/blogs/12stocktalk/2020-07-17-story-h1510577481.jsp Based on this article, 4 bilion new shares to be be issued from Ancomlb to purchase S5,If S5 worth 1billion,then is around 0.25/share.In this case,no cash is involved, Ancom will not dispose ancomlb, but the shares will be diluted from 45% to around 4.5% after acquire S5.But before acquire S5, Ancomlb will dispose it's subsidiary company Synergy Translink to Nylex,but not mentioned the amount.Not sure how much dividend will be distribute to share holders after sell Synergy Translink.
Ken, Personally, i do not think the parties concerned will be happy with the issuance price which i deemed is quite low based on the large capital base. 4bn is on the high side. 1.5-2bn is more realistic.
The way u made assumptions and refered thisbto the extraction will cause confusion and panic come monday which may prompt some panic sellings
However, those season players will justvtakenyour comments as a pinch of salt. Only newbies will panic. That represent good oportunities to grab more at lower price
It's not I assume,the author written that 45% of ancomlb hold by Ancom will be diluted to 4-5%.This mean is 10times diluted.Currently the total share issued of ancomlb is 473mil,10 times become 4.73billion,so roughly 4billion is new shares.I just based on author article to analyze.Since MEYG bought S5 10%@90mil,then 100% is 900mil,which is near to 1billion.1bil/4bil=0.25/share. You should ask the author where he got the info.lol In fact new listed company,if their cost is 0.25,some of the company will mark up 10times & listed their shares at 2.50.
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”) and to permit ALB, its advisers, solicitors, and accountants to conduct due diligence on the S5 and its subsidiaries. ALB placed a refundable deposit of RM10,000,000 (“Refundable Deposit”) with S7 on execution of the OTP. ALB and S7 entered into the OTP pending ALB, Ancom Berhad (“Ancom”), S7 and Merrington Assets Limited (“MAL”), MY E.G. Capital Sdn Bhd (“MYEG Capital”) and Avocat Sdn Bhd (“Avocat”) entering into Share Sale Agreements (collectively “SSAs”) for the sale of all the shares of S5 to ALB.
Chills guys....i believe everyone is trying to gauge if this is an oportunity to invest.
Ken bro is not wrong or right, he or she just based in the article and based in that articles and assumptions given. I believe he has nobill intention and just trying to share.
Uplanet bro, i think u also not right or wrong in general. The examples that u given on the RTO did happen the way it did thatbis the price sky rocketed. However, not all RTOs are alike. Having say that, this anclg RTO may just look likenthe one the Denko did. Bith are valuable companies and billions of assets or business being injecetd. Thus anclg may just follow the pattern of denko.
However, to satisfy all concerned parties and make sure everyone’s is in a win win situation, there nay be tweaking here and there.. at thus juncture, its all just guessing and assuming, ur guess is as good as mine.
Whatever the shares to be issued and whatever the valuation, we just pray that the RTO will go thru.
Hi Ken, that is the first announcement which is old one. According to new announcement, they entered into SHARE SALE AGREEMENTS which means they buy over the share, also means they are not going to issue large number of share, i have explained the procedure before, you can go and take a look
Ken bro, the chinese article u just shared is not a updated article. Its dated 15 july. Many have changed along the way as we are now have entered the month of SEPTEMBER. So what is written may still or may not be applicae no more. The date of the articles we read is of most importance.....thats what i think
Agree with you Agjl, as long as the RTO go thru, whatever price they decide also not important, becoz S5 business is much more valueable and i will fly to the sky!!
Agjl 1.5-2bn is more realistic. Probably you are right.Dato Chew has reduced his stake from 45% to 39%,look like he will dispose his entire ancomlb shares to S5's director.Plus Lim Hock Heng dispose his shares too,estimate balance of shares in market will be around 473m x 40%=189mil.Rough estimated new shares will be issued 189mil/10% x 90%=1.7bil
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....
newbie300
188 posts
Posted by newbie300 > 2020-09-03 16:08 | Report Abuse
收青 收青 收青!!