Emmm really have big reward $_$ . Need hold long term.? I think buy 5k for this counter is ok. All Sifu give some tip for me how to do. Still new at Investment Stock . :-)
It depends on your trading style. Some say short term some say long term. The only best way is to do your homework on the company. Read their annual report,etc. look at balance sheets. And at the end of the day, value it.
@Shawnchng more better a lot than me . Me just know nothing. Just know buy low and invest see and high sell . That only I just know . But until now I still not sell a single share in a month :-p
current price alrd lower than 2 right share + warrant-B at .15. But this share might at the bottom for a few months. or even up to a year. Buy only if u have strong holding power.
This share will go up or not, not depends on the lucks. It all depends on the company's future, if anyone is working inside, then should be good, or else waiting big sharks to come help.
KUALA LUMPUR (Sept 11): Mlabs Systems Bhd announced its rights shares, which was sweetened with warrants, has received a 96.34% in subscription and will be listed on Sept 15.
According to Mlabs, it has received a 46.77% in total valid acceptances, while total valid excess applications amounted to 49.57%.
“Successful applicants of the rights shares will be given Warrants B on the basis of 1 Warrant B for every 2 Rights Shares (one-for-two) successfully subscribed for,” Mlabs said in a filing with Bursa Malaysia today.
In an abridged prospectus dated Aug 11, 2017, Mlabs had said it intends to raise a minimum gross proceed of RM4.5 million and a maximum gross proceed of RM79.23 million, which will be used to develop and market its mobile applications, working capital and potential acquisition of entities related to its business.
The cash proceeds, Mlabs had said, will be raised by issuing 528.17 million rights shares at an issue price of 15 sen per share, which will be sweetened with 264.08 million of free detachable warrants on the basis of one warrant for every two rights shares.
Listed on the ACE Market, shares in Mlabs rose one sen or 7.14% to pause at 15 sen today, giving the videoconferencing marketer a market capitalisation of RM87.67 million.
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: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling 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....
Wonder88
128 posts
Posted by Wonder88 > 2017-09-19 20:49 | Report Abuse
Don think it will break 0.095, however shud rebound 2molo(as long as no Big external issue)
Price range from 0.095, 0.10, 0.105 0.110/0.115 (Target)