Steady bro...trust Ter PY 100%. Whom do u think is soooo idiot to subscribe for rights at 0.10 if he can buy 0.08/0.085 from open market?? Must have something behind the scene...
there are 211,513,345 warrants being issued... volume at the moment is 10,886, abt 0.005% of total issued warrants... this is really abnormal for a new listing warrants.... more room to push up for the warrant ... meant got chance for the price to move up..
not even 10% of total warrants traded in market.... who is controlling the warrants? look likely the excess rights are subscribe by the major shareholders..... good and bad... good is price will be stagnant... bad is small investor would not buy in the stock... as scare be eat by the big fish... the big fish is waiting.. small fish also waiting... who will win at the end?
Yup Gao, but I'll be holding on to my shares and warrants until the shares price is at least 16sen. Just have a feeling that the price will start to move after CNY if the global market sentiment does not deteriorate further.
Yes Awangngah, better it will be pushing up before next FOMC on 18 - 19 Mar'14, otherwise the global market sentiment will be affected by the tapering worry of US monetary stimulus again. Good luck!
Yes Surewin, TPY is aggressively accumulating & supporting mother share price at 8 cents after listing of additional rights shares!
Besides, today got 24.15 million shares were traded at 10 cents via direct deal. So later see who is the buyer & seller for such direct deal. Maybe TPY again or other substantial shareholders...
Based on the latest announcement of changes in shareholder's interest, almost 60% mother shares was controlled by BOD. So free float shares in open market will be decreasing gradually if TPY & other substantial shareholders continue to accumulate it in open market or direct deal.
So I will participate to accumulate nextnat share at 8 cent
Share accumulating will be starting by tomorrow onwards! For those who already gave up & lost patience, quickly dispose your shares to me at 8 cents by tomorrow!
It's good sign that nextnat's BOD keen to accumulate shares continuously, it foresee the company future prospect will very good and positive! Maybe good news or huge contract will be announcing soon!
Gao, even if there is no further announcement of good news, I see that the potential returns/benefits from what they have already announced thus far, is sufficient to move the company to a higher level in the not too distant future.
I think not much ppl subscribed for right issue... After all, if you think this share is a worth buy... This is only the first day... Still have a lot to go.... All depend on how you look at the share....
Although Nextnat is a super slow counter, but it's a super steady & high growth potential counter! The BOD especially TPY san is accumulating substantial mother shares recently.
Now the strong support price for Nextnat is 8.5 cents and will form a uptrend by next week onwards if the market sentiment is good!
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....
gyaphong
254 posts
Posted by gyaphong > 2014-01-22 10:03 | Report Abuse
warrants C, exercise price at RM0.11.... now trade at RM0.05 then will be RM0.16.... mother share now trade at RM0.08 only.. what is the logic?