@huatkopi88. Once I subscribe 10 sen OR I will get back my mom n free son Hope then.. someone will post a picture in front of t factory..haha. Worst case I will go to Kampar..
"sell the OR before 10 . if not u convert it to mother by 0.10"
is this means that if we just keep the OR, it will be converted back to mother share at 10 sen? Let's say i do have 100k OR at price 1 sen by 10.12 (value RM 1k), meaning it would be converted back to 10k mother share?
spielmacher "sell the OR before 10 . if not u convert it to mother by 0.10"
is this means that if we just keep the OR, it will be converted back to mother share at 10 sen? Let's say i do have 100k OR at price 1 sen by 10.12 (value RM 1k), meaning it would be converted back to 10k mother share?
Hopefully sifu could clarify this.
i have 100K OR (0.01)= Rm1000 , So if you convert to mother share = 100K Shares x 0.10 = Rm 10K(your investment capital)
I Want To Say This to you guys , you dont want your OR but alot big shark outside there wants , Why ? cus buying in cheaper price making more money then buying the the current market value.
Justinyeoh hi bro, thanks for your info and may I know how to go about it on the RI for rakuten user as rakuten will only send an email on 7th Dec and the OR is expired on 10th Dec. Do u know how long will it take to subscribe?
@justinyeoh Every RI has guarantor banker b4 approval by SC. Same goes IPO. If u sell mom 11.5 n buy OR 1.5 n subscribe RI @10sen..its t same..
Except..u will get back t mom n with free son.
#Want To Say This to you guys , you dont want your OR but alot big shark outside there wants , Why ? cus buying in cheaper price making more money then buying the the current market value.
ohh got it now..i thought OR will be converted to mother share at 10 sen for free hahaha..but actually you still have to buy( subscribe), but you could get it at 10 sen per unit. Thanks a lot brothers and sisters.
You need to wait hardcopy form to post to you to subscribe RI. You have until 17 Dec to subscribe if you did not sell RI by 10 Dec. Trade wisely
Hi sifu, if I dun sell OR before 10 Dec. What will it be, is the OR will expired after 10 Dec or it will covert to mother share? And how the RI subscribe looks like, need a hardcopy but by that time I received the OR already expired.
it is crystal clear that we should keep the OR and subscribe to mother share at 10 sen and you would get free warrants as well (ON THE BASIS OF 4 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS B FOR EVERY 2 EXISTING SHARES).
Since u r subscribe t OR.. u may sell t mom at 11.5 n buy OR at 1.5. Then subscribe BOTH OR. U will get more warrant rather keep ur mom alone.. PLS refer to ur remiser.. Tq
Justinyeoh, well done for taking time to explain to the newbie how RI subscription and get free warrant, the most thing is free warrant, it is 100 % profit on what ever price you sell.. keep up the good work and your language is polite and gentle...
hi guys..so, in order to purchase gocean-or, i need to go to the normal way like click BUY GOCEAN-OR for 0.01? and system will auto detect my allocation?
Justinyeoh, you are a good person, God will bless you, I am you will make profit when it goes back up to 0.16 and above plus the profit from selling the warrant.. Good luck..
Guys I Give you guys an example ya will help you guys on
Mother Share : 30,000 = rm4500
 OR :30,000=rm3000 (0.125)
average OR :30,000=Rm3000(0.117)average OR :30,000=Rm3000(0.113)average Total OR 180,000 * 2 =90000 (rm900)
(Take Profit) Pick Up Balance OR Shares 90,000 =Rm9000



So Lets Estimate Warrant Share Given 90,000*4= 22,500 x 3 (Free warrant B ) = 67,500 ( Warrant B)
So u get 67,500 Warrant B Share Estimate Open Price 0.05 67,500*0.05 = Rm3,375 ( profit)
Above only for reference . hope i am clear enough to explain ya.
Subject RENOUNCEABLE RIGHTS ISSUE OF UP TO 828,573,600 NEW ORDINARY SHARES IN GREEN OCEAN ("GREEN OCEAN SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE TOGETHER WITH UP TO 621,430,200 FREE DETACHABLE WARRANTS IN GREEN OCEAN ("WARRANTS B") ON THE BASIS OF 4 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS B FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 2 DECEMBER 2020
Remark: To Entitle Free Warrant B You Need 4 OR Shares To Be Able To Get 3 Free Warrant B For Every 2 Exisiting Shares Held by entitle shareholders.
So you need OR to get free and you cant sell your mother share as well , cus u need 2 exisiting shares .
keanuleaf hi guys..so, in order to purchase gocean-or, i need to go to the normal way like click BUY GOCEAN-OR for 0.01? and system will auto detect my allocation?
1) I held 100k mother shares on ex-date and entitled to 200k OR. If I subscribed 200k OR, I will get 150k free warrants (on the basis 4OR+3 warrants for every 2 held). Today I have sold all 100k mother shares while still retain 200k OR. If I subscribed 200k OR into mother shares, I will get 200k mother + 150k warrants. Correct?
2) Those bought OR in the open market today eg. 100k OR. If they subscribe to get 100k mother shares, how many free warrants entitled? 3 for 2 or 3 for 4?
I am confused because got 2 category of OR holders. Those who got free OR based on existing shares held on 2nd Dec. Another category is those did not hold any mother shares on 2nd Dec but buy OR directly from open market today to subscribe RI
@Justinyeoh. If OR hit 1.5. U may get back ur 3 sen. If mom hit 12sen. U will get back ur total invest of 15sen Hope mom will still 11.5/12 n OR 1/1.5 tomorrow.. Just an opinion. Hope t best for u..
Asian foreign exchange, stocks get vaccine boost as rebound hopes bloom BENGALURU (Dec 3): Emerging Asian currencies and stocks broadly firmed on Thursday, as news that Britain would start vaccinating citizens against the coronavirus next week fanned hopes of a swift global economic rebound next year as the pandemic subsides. Signs of progress in U.S. stimulus talks overnight also supported risk appetite and investors shunned the U.S. dollar in favour of currencies with higher yields and other emerging market assets. Britain on Wednesday became the first western country to approve Pfizer Inc's COVID-19 vaccine, with its chief executive confident that vaccine supply would outpace demand by the end of 2021. "Vaccines have provided a shot in the arm for sentiment thanks to the improving likelihood of a faster and more robust growth recovery," Societe Generale analysts said in a report. Malaysian stocks jumped 0.9% to lead gains in Southeast Asia, while shares in South Korea and Singapore also rose. Indonesian stocks hit a more than nine-month high, but later gave up gains to trade lower after the country's president said he hoped the central bank would take on "a more significant role" in upcoming reforms. Proposals made in recent months to expand Bank Indonesia's mandate have irked investors and analysts and raised doubts about the central bank's independence. Most regional currencies traded higher as the dollar continued to plumb a near two-and-a-half year low. The greenback has been sold-off since last month as market participants pile into riskier holdings amid positive vaccine news and hopes of further stimulus support, and analysts at Goldman Sachs contend this trend may continue. "An integral part of our negative dollar outlook for 2021 is that vaccine development and distribution will lead to coordinated global growth, helping to catalyze portfolio outflows from the U.S. into other markets," they said. "Portfolio flows to more pro-growth sectors, particularly in China and other emerging markets, are likely a key factor behind the dollar's recent depreciation, and we expect that to continue." Philippine stocks added 0.6% after data showed the country's unemployment rate eased in October as coronavirus curbs were gradually lifted, while Thai shares <.SETI > bounced 0.4%. Thai officials on Wednesday announced plans for 43.5 billion baht ($1.44 billion) of additional stimulus to try to boost domestic consumption and revive the tourism-reliant economy, even as global infections continue to rise. Thailand also faces risk from continued political uncertainty and anti-government protests, which have been raging for months. "The protests do not bode well for an already-contracting economy. We see political tensions mounting and lasting into 2021, with no clear solution in sight at this juncture," said Tim Leelahaphan, an economist at Standard Chartered.
@MataTiga If u sell mom at 11.5 sen n buy more OR at 1.5 sen n subscribe BOTH OR at fix price 10 sen... YES..u will get more free warrant. Pls consult wt ur remiser 1st. Maybe u will make loss on selling ur mom..
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....
huatkopi88
1,985 posts
Posted by huatkopi88 > 2020-12-03 13:00 | Report Abuse
You need to spend small money to make big money. Convert your RI and later you get OR + warrant. Once listed if they push, you will earn big