... earlier i said the need "cash flow", i thought raise fund through banks, internal & PT Inovisi. out of my expectation, but not unexpected, to raise 40M 1 phase. technically they will raise up the price above 0.11 before EX, maybe around 0.15. after ex around 0.13 then renouceable OR at 0.02 (depends on demand and mother shares). when all the rights issue fully subscribed and trade in the market the price should be lower the 0.13 maybe around 0.10/0.09 plus free WB (exercise price 0.11) at 0.05/0.04. it will take 2 months before things resume back to normal 0.11. these are just "assume scenario". in long run up to 9 months from now it back to square 1, the only difference is you are holding more shares at roughly the same price. as already mentioned in the detail announcement they want more subcriber to WB & WA to further raise cash for their expansion. so i don't think they will want their share price become like thrash.
Fistly in shares investment u got to make sure u don`t lose. Secondly the holding power u have is how strong? Contra playing is only play onece a while,when got the class 1 opportunity than only involve yrself.Too offen will spoil yr health.Too early to heaven,money is meaningless.Body in heaven;money in bank,what for? I think what chleong mentioned is good enough for yr refference. Very simple,for nextnat just hold it.
Listen, listen, listen... Let me speak... I experienced this kind of thing many times... Its not good... but share market is hard to predict so make your own dcision :D
Business needs to grow and the risks are there. If they are serious in business then should be alright. Lee Kah Seng has no experience in property but he made the move that secured him with plenty of wealth today.
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....
TuaHuat
1,462 posts
Posted by TuaHuat > 2013-01-14 22:42 | Report Abuse
chleong & fatcat, what do both of u think about the proposals? Can go for it ?