GREEN OCEAN CORPORATION BERHAD

KLSE (MYR): GOCEAN (0074)

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Last Price

0.16

Today's Change

+0.005 (3.23%)

Day's Change

0.155 - 0.16

Trading Volume

5,116,300


9 people like this.

4,786 comment(s). Last comment by whistlebower99 2 weeks ago

Posted by holiao78 > 2020-12-04 00:08 | Report Abuse

新手 假如我有母10k,20k OR 放着不买不卖 可以吗?

justinyeoh

178 posts

Posted by justinyeoh > 2020-12-04 00:13 | Report Abuse

holiao78 新手 假如我有母10k,20k OR 放着不买不卖 可以吗?

# OR 过期日10/12/2020
如过你不买或卖就会报废

justinyeoh

178 posts

Posted by justinyeoh > 2020-12-04 00:14 | Report Abuse

@muhdali Look on top my comment i got state out how to count your OR to RI.

justinyeoh

178 posts

Posted by justinyeoh > 2020-12-04 00:16 | Report Abuse

Noned @justinyeoh
I meant differently..
Q sell all ur mom share at 12 sen
Q sell all ur OR 1.5 sen
Then u will get back ur 15 sen.

For confirm..pls check ur profile..if OR 1.5sen n mom 12sen..total investment..should be even..
I might wrong..


# Correct , but is just to clear my lost , i wont make any profit . so thats why i decided to pick subscribe RI.

justinyeoh

178 posts

Posted by justinyeoh > 2020-12-04 00:19 | Report Abuse

i have 900K mother share Bought at 0.150 , OR now i have 1.8million so i decide to sell 900K OR , And purchase 900K RI . To average my Mother share price .

so i get 900K*4=225,000*3(Warrant B) =(675K)Warrant B share .

So If Warrant B Start price is 0.05 = i make my profit from there .

675K X 0.05= Rm33,750

and ofc need hope mother share up as well then i will earn on both part .

Noned

231 posts

Posted by Noned > 2020-12-04 01:36 | Report Abuse

@justinyeoh
Sorry bro. What am I thinking..
Thats one way to make profit.

Posted by questnetter > 2020-12-04 09:27 | Report Abuse

Received email from Rakuten today. Very easy to subscribe, it's on the portal.

To subscribe, please log-in to your account at http://www.rakutentrade.my > "Corporation Action Subscription" > "My Account". Please note payment must reach by 2020-12-09 10:00:00 otherwise, the subscription shall be deemed unsubscribe.

Posted by spielmacher > 2020-12-04 09:57 | Report Abuse

actually it will depend on mother share price. I am trapped at 18 sen right now, if i subscribe RI, my mother share could be average down to 13 sen. So, if mother share will slowly move above 13, then i will make profit. But not to forget free warrants..it's purely profit already. I will decide next week, let's see how mother share price looks like..

justinyeoh

178 posts

Posted by justinyeoh > 2020-12-04 11:17 | Report Abuse

yes correct , all depends on the mother , but as i can see now so much support on it , they cant let it go below then 0.110 so they will have to pushing it .

justinyeoh

178 posts

Posted by justinyeoh > 2020-12-04 11:25 | Report Abuse

Noned @justinyeoh
Sorry bro. What am I thinking..
Thats one way to make profit.


Bro , Do You Mean I Should Q my mother shares and sell all , and buy it at RI ?

if i sell my mother share and just subscribe RI , Wil i be entitle ? 4-3-2?

oskchoon

3,186 posts

Posted by oskchoon > 2020-12-04 12:01 | Report Abuse

The beauty of having OR and subscribe for RI and entitled free warrant and hopefully the warrant can fetch good price once it is listed....

Noned

231 posts

Posted by Noned > 2020-12-04 13:57 | Report Abuse

@Justinyeoh. Sori delay
Only a suggestion..
U have to consult wt remiser.

Free warrant is only from RI subscribed not mom anymore after t ex date. Either from OR that u entitled or purchase.
Both will combine same in ur profile.
Once u subscribe both OR u will entitled warrant.

Base on this why I suggest to sell everything yesterday n get back ur 15sen. Forget OR .
X headache.
Good nite sleep..

But if itchy hand...
Q buy back OR
U will get back mom + free warrant.
Some lucky trader make just by trade OR.
Some will only trade mom share start 10 Dec.

Worst.... just apply for excess OR.
Maybe once again u will get it free.

If u not lucky to get t access OR..
Just wait listing day..wt full bullet in ur hands.
Just shoot wisely..

Its all depends on u.

ahhmadd76

630 posts

Posted by ahhmadd76 > 2020-12-04 14:21 | Report Abuse

gocean OR ni bila expired

Noned

231 posts

Posted by Noned > 2020-12-04 14:24 | Report Abuse

@Justinyeoh
Die hard fan will go to refurbished factory..
Meet Mak Siew Wei.
Take photo n post it..
Like KYY did a good job at AT.

BUT pls.
1.Kapar Klang..not Kampar Perak.
2. Mention visit ur friends etc..

Joker..

Noned

231 posts

Posted by Noned > 2020-12-04 14:50 | Report Abuse

@ahhmadd77
Last day trading 9 Dec 5pm.

carnaval

17 posts

Posted by carnaval > 2020-12-04 15:13 | Report Abuse

tbh...Leweko OR is better than Gocean. Now stuck here.

Noned

231 posts

Posted by Noned > 2020-12-04 16:43 | Report Abuse

@carnaval
Maybe u can sell part OR to finance remain RI at 10sen.
At least u can lower ur average mom + get free warrant.
Leweko....
Maybe during MGO Ringit Capital was 18sen n RI is half of MGO.. 9sen.

Posted by fevernpain > 2020-12-04 18:56 | Report Abuse

Can someone clarify. If i was given free OR, then sold all my mother share, and bought additional OR, what will happen after expiry?

jutawan

33 posts

Posted by jutawan > 2020-12-04 19:10 | Report Abuse

hi all,
i have 100k OR
if i want to subscribe RI on 9Dec,i need rm10k right?
that money i need to prepare in my CDS account or other bank?
can someone explain for me

Noned

231 posts

Posted by Noned > 2020-12-04 19:34 | Report Abuse

@fever pain
U have to exercise both OR. before 17 Dec.

Posted by fevernpain > 2020-12-04 19:35 | Report Abuse

@Noned
Before 17 or before 10 dec ?

Noned

231 posts

Posted by Noned > 2020-12-04 19:41 | Report Abuse

@jutawan
Yes rm10k.
If u fill a hard copy form u have to buy bank draft.
Either u post or by hand.
If u link online may be FPX transfer.
May ask ur remiser yo help also.

Noned

231 posts

Posted by Noned > 2020-12-04 19:47 | Report Abuse

@fevernpain
Sori got ur name incomplete.
Its until 17Dec 5pm not before

Posted by fevernpain > 2020-12-04 20:03 | Report Abuse

@Noned
Thanks for the clarification

jutawan

33 posts

Posted by jutawan > 2020-12-04 20:23 | Report Abuse

@Noned.thanks for help.
one more to ask.that money need to pay on 9dec or 17dec.

Noned

231 posts

Posted by Noned > 2020-12-04 20:56 | Report Abuse

@jutawan
Hard copy form + bank draft by 17 Dec n will be stated at t form.
Online link Rakuten or others not sure..
Ask ur remiser
Me...oldskool type..

jutawan

33 posts

Posted by jutawan > 2020-12-04 21:41 | Report Abuse

@Noned.thanks again

Posted by samsungtrader > 2020-12-04 21:51 | Report Abuse

my remisier just called me today asking whether to sell or to subcribe ri.. ill give them answer before 9 dis..

Noned

231 posts

Posted by Noned > 2020-12-04 21:59 | Report Abuse

@Samsungtrader.
Mind sharing what's holding u..?

Noned

231 posts

Posted by Noned > 2020-12-04 22:57 | Report Abuse

Samsungtrader
Call t remiser back n ask her..
1.Is it worth..
a. sell all mom at 11.5sen n OR..1.5sen
b. buy back t OR 1.5sen
c. subscribe 10sen
2. will l get 2nd chance for t free warrant without holding mom share..
Thanks..

mwafi89

8 posts

Posted by mwafi89 > 2020-12-04 23:21 | Report Abuse

another way to submit form and pay online? for subscription,, mpluss account. in Sarawak now.. sad to difficult to post,, and time consumine

time

Noned

231 posts

Posted by Noned > 2020-12-05 00:06 | Report Abuse

Waa..no body reply.
Got t sleep..
My think..this will OK.
As at 4 Jan u will having more mom share + warrant..without additional cost..
U can wait longer as t co progress at kapar.
Fresh start new year..
Just monitor support n resistance...macd..etc..

Remiser always knows better...

maya1301

660 posts

Posted by maya1301 > 2020-12-05 07:56 | Report Abuse

Not really. Remiser dont know ANYTHING!!!
They just want you to trade

Luckybull

399 posts

Posted by Luckybull > 2020-12-05 08:20 | Report Abuse

My remiser says it's a hassle to do rights pickup. They would prefer you to sell easier for them.

Luckybull

399 posts

Posted by Luckybull > 2020-12-05 08:21 | Report Abuse

Unless you do your self. They can teach you.

Noned

231 posts

Posted by Noned > 2020-12-05 08:59 | Report Abuse

Ya.
Feel jealous wt @Samsungtrader.
Remiser call him..
Hard to find..

Noned

231 posts

Posted by Noned > 2020-12-05 09:04 | Report Abuse

Saw Mak Side Wei at PUC.
What's he doing there.??

Noned

231 posts

Posted by Noned > 2020-12-05 09:04 | Report Abuse

Sori..
Mak Siew Wei.
Typo error..

Posted by spielmacher > 2020-12-06 13:47 | Report Abuse

i think mother price would go below 10 sen next week. if this happen, most people will surely sell the OR but the question is who's buying? you are very much welcome to sell but i will keep it even im trapped at 18 sen.

i have 50 k at 18 sen, that gives me 100 k OR. I will convert all 100k OR to mother share: that will give me 150k share at average 12.7 sen. From 150 k mother share, i will get 225k free warrants.

Let's say mother share will stay at 10 sen: i would lost RM 4050. (150 k share, average price at 12.7 sen)
lets say free warrants go up to 3 sen: i would gain RM 6750. (225k free warrants at 3 sen).

so, if you have money, keep your OR and subscribe to RI (convert to mother share and get free warrants).Just imagine if mother share will go back to 15 sen and free warrants move up to 5 sen.

Noned

231 posts

Posted by Noned > 2020-12-06 14:05 | Report Abuse

@spielmacher
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

Noned

231 posts

Posted by Noned > 2020-12-06 14:34 | Report Abuse

@spielmacher.
1. One of t buyer will be the guarantor subscribition of this RI.
Same as IPO.
Else they have to subscribe all t access.

Successful of RI much depends on t purpose of t RI itself..

2. Mom 18sen entitled u OR.
OR then will entitled u free warrant.
I think 100k OR will only entitle u 75k free warrant.
Pls double check wt ur remiser.

Ps.
Consider also buy mom..if break support below RI price..
Hope mom price will OK during 9 Dec until 17 Dec..

Noned

231 posts

Posted by Noned > 2020-12-06 17:13 | Report Abuse

@spielmacher.
If mom below 10 sen..
Just forget t RI n gasak t mom until ur last bullet..

huatkopi88

1,985 posts

Posted by huatkopi88 > 2020-12-06 18:41 | Report Abuse

Mom will hold at 0.11 or likely to trend higher. If mother 0.10 or below, no one will be foolish to convert RI into mother at a loss just to get free warrants. Moreover warrant price still very much depending on mother. Low mother, low warrant price. The company's objective to get funding will fail if shareholders do not get any profit rewards for supporting the company share price.

Noned

231 posts

Posted by Noned > 2020-12-06 19:08 | Report Abuse

Maybe t only way mom get below 10sen
Is on or after 4 Jan where t warrant price will justify t 10sen RI price...

Noned

231 posts

Posted by Noned > 2020-12-06 19:26 | Report Abuse

Lucky Gocean now on OR until 9 Dec.
Sheltered by RI 10sen
Other's like HLT ...koyak.
Vaccine...
Funny..all vaccination is wearing gloves..
I think that is what @spielmacher mean..
Make sense..thanks..

AlfI3

1,280 posts

Posted by AlfI3 > 2020-12-07 07:40 | Report Abuse

On 4th Jan, mother's prc shall b pulled down due to dilution. Possibly belo 10 sen due to free warrants attached rite?

Posted by awank3labu > 2020-12-07 09:12 | Report Abuse

what if the letter still hasn't arrived by today?

Noned

231 posts

Posted by Noned > 2020-12-07 09:37 | Report Abuse

@awank3lab u
Request it fr ur remiser now.

Noned

231 posts

Posted by Noned > 2020-12-07 13:31 | Report Abuse

@All3
Hope Mak Siew Wei n Kapar team will progress
start 17 Dec n cushions t 4 Jan impact.
Normally will be OK on next 5 Jan after nervous holders settle..

Noned

231 posts

Posted by Noned > 2020-12-07 13:33 | Report Abuse

@Alfl3.
Sori incomplete name..my mistakes

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