Posted by Fujisnow > 2020-10-14 14:48 | Report Abuse

BONUS ISSUE OF UP TO 236,565,097 NEW ES CERAMICS SHARES ("BONUS SHARES") TOGETHER WITH UP TO 236,565,097 FREE DETACHABLE ES CERAMICS WARRANTS ("WARRANTS"), ON THE BASIS OF 1 BONUS SHARE TOGETHER WITH 1 WARRANT FOR EVERY 1 EXISTING ES CERAMICS SHARE HELD AS AT 5.00 P.M. ON 15 OCTOBER 2020 ("BONUS ISSUE OF SHARES WITH FREE WARRANTS")


Hello...."ON THE BASIS OF 1 BONUS SHARE TOGETHER WITH 1 WARRANT FOR EVERY 1 EXISTING ES CERAMICS SHARE HELD AS AT 5.00 P.M. ON 15 OCTOBER 2020"

That means we must hold until 15 OCT 2020?????

Posted by Mcaresdk91 > 2020-10-14 14:48 | Report Abuse

hold la..big money

Posted by Fujisnow > 2020-10-14 14:49 | Report Abuse

"ON THE BASIS OF 1 BONUS SHARE TOGETHER WITH 1 WARRANT FOR EVERY 1 EXISTING ES CERAMICS SHARE HELD AS AT 5.00 P.M. ON 15 OCTOBER 2020"

Means if i sell on 14 OCT I wont get the warrant??

Posted by kenari82 > 2020-10-14 14:55 | Report Abuse

up up up...limit up

Posted by Allenlee > 2020-10-14 14:56 | Report Abuse

ES limit up today

Posted by Cklew1832 > 2020-10-14 14:57 | Report Abuse

Congrats

Posted by Michael Kwok > 2020-10-14 14:58 | Report Abuse

Got very ong.

Posted by Seeyounoup > 2020-10-14 15:08 | Report Abuse

next is luxchem . supplier more products to glove than es ceram.

Posted by Fujisnow > 2020-10-14 15:08 | Report Abuse

any sifu can clarify this？:

BONUS ISSUE OF UP TO 236,565,097 NEW ES CERAMICS SHARES ("BONUS SHARES") TOGETHER WITH UP TO 236,565,097 FREE DETACHABLE ES CERAMICS WARRANTS ("WARRANTS"), ON THE BASIS OF 1 BONUS SHARE TOGETHER WITH 1 WARRANT FOR EVERY 1 EXISTING ES CERAMICS SHARE HELD AS AT 5.00 P.M. ON 15 OCTOBER 2020 ("BONUS ISSUE OF SHARES WITH FREE WARRANTS")


--->>>"ON THE BASIS OF 1 BONUS SHARE TOGETHER WITH 1 WARRANT FOR EVERY 1 EXISTING ES CERAMICS SHARE HELD AS AT 5.00 P.M. ON 15 OCTOBER 2020"

Means if i sell on 14 OCT I wont get the warrant??

Posted by qwerting1 > 2020-10-14 15:10 | Report Abuse

dear yesyesyes, im can do conversion and earn 10% for just converting :D

Posted by kachan > 2020-10-14 15:17 | Report Abuse

how to convert warrant to mother. Today not selling yet any share.

Posted by thomh4 > 2020-10-14 15:18 | Report Abuse

what If i buy today? Do i get any bonus ??

Posted by olivertwist > 2020-10-14 15:20 | Report Abuse

fujisnow, u can sell today and still get the warrant on 26oct. It's already ex-date today

Posted by thomh4 > 2020-10-14 15:23 | Report Abuse

@olivertwist if I am buying it today, I wont get any bonuses right?

Posted by Ccm1517 > 2020-10-14 15:27 | Report Abuse

Fuji, U can sell all today and also entitle for additional shares allocated on 15/10(nite) and warrant 26/10

Posted by Fujisnow > 2020-10-14 15:32 | Report Abuse

thank you sifu olivertwist and sifu Ccm1517 for your kind reply

Posted by pang72 > 2020-10-14 15:34 | Report Abuse

.....

........ Limit Up up for closing......

...... Huat rrrr rrrr!!...

Posted by kachan > 2020-10-14 15:34 | Report Abuse

i not selling anything today wait for tonite bonuses got credit to account then think to sell or not tomorrow.

Posted by Mcaresdk91 > 2020-10-14 15:35 | Report Abuse

cayala..roket da tak tau pegi planet mana ler camni

Posted by kachan > 2020-10-14 15:35 | Report Abuse

@pang if can reach 0.95 today will limit up.

Posted by Allenlee > 2020-10-14 15:36 | Report Abuse

We shd hold til the QR results out tomorrow or this Friday

Posted by pdv678 > 2020-10-14 15:37 | Report Abuse

today limit up only 0.825

Posted by Rogerwinn > 2020-10-14 15:37 | Report Abuse

Right

Posted by olivertwist > 2020-10-14 15:37 | Report Abuse

thomh4, buy today already ex, not entitled to anything at all!

Posted by olivertwist > 2020-10-14 15:38 | Report Abuse

look at rubberex if u want bonus. It is cum bonus now. Exdate 19oct

Posted by pang72 > 2020-10-14 15:41 | Report Abuse

825 limit up la..

4pm ++ will see limit up

Just sip the coffee and watch!

Posted by kachan > 2020-10-14 15:42 | Report Abuse

@Allenlee better qr out on Friday or monday. Monday and Tuesday will limit up.

Posted by bombominvest > 2020-10-14 15:42 | Report Abuse

you guy really wan limit up it ah? zz

Posted by hakubasnow > 2020-10-14 15:43 | Report Abuse

Received news from my broker :

Further to the email below on the Ex-date of Bonus issue for ESCERAM, we received some enquiries and wish to make the following clarification :

(i) Usually for Bonus issue, shareholders can sell the bonus shares on the Ex-date.
However, as per announcement by ESCERAM to Bursa Malaysia, the date of listing of the Bonus and Warrant shares for ESCERAM will be on 26 October 2020.
Therefore, based on the timeline announced, shareholders of ESCERAM cannot sell the Bonus shares on Ex-date of 14 Oct 2020 until the shares are credited into shareholders’ CDS accounts.

(ii) Refer to the Bursa announcement of this link for more information
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3093528

That's one of the reason this shares suddenly spiked up, as most sellers got caught selling their shares and now trying to buy back to avoid any buying in.

Posted by LucklessJoe > 2020-10-14 15:46 | Report Abuse

I don't think you can sell the bonus shares even if you wanted to since the bonus shares will not reflect in your account until 26 October. Same for the bonus warrants.

Posted by kachan > 2020-10-14 15:46 | Report Abuse

@hakubasnow good i change mind yesterday not sell any today. So tonite can got bonus warrant into account right.

Posted by sharonchok > 2020-10-14 15:46 | Report Abuse

so we can only sell our bounus shares on Friday? right?

Posted by LucklessJoe > 2020-10-14 15:49 | Report Abuse

If in doubt please check your portfolio holding in your account.

Posted by kachan > 2020-10-14 15:51 | Report Abuse

i bought all using cash account so not worry about the contra losses.

Posted by Fujisnow > 2020-10-14 15:54 | Report Abuse

aiyo...i still blur blur

Posted by hakubasnow > 2020-10-14 15:57 | Report Abuse

"So tonite can got bonus warrant into account right"
No bonus & warrants will only be credited after 25th October (after trading) or on 26th itself

When the bonus & warrants to be credited to our account are easy to understand but when actually can sell our shares to be entitled to the bonus & warrant is still unclear. The statement that was given :

Therefore, based on the timeline announced, shareholders of ESCERAM cannot sell the Bonus shares on Ex-date of 14 Oct 2020 until the shares are credited into shareholders’ CDS accounts.

It does not clearly state if we were to sell our underlying shares today or tomorrow will we still entitle to the bonus & warrants

Posted by Gekzj > 2020-10-14 15:57 | Report Abuse

could it limit up today?

Posted by kachan > 2020-10-14 16:02 | Report Abuse

@LucklessJoe can sell half first or not tomorrow. It still show 2k lot 200,000 in my account but price decrease. If the price can reach above Rm1.00 back i am so happy because half price can become double. Then on 26th got credit bonus and warrant very very happy go to bank.

Posted by peanuts9636 > 2020-10-14 16:03 | Report Abuse

so how do we calculate our average price now? i'm so confused.
can anyone give an example?

Posted by Envestor > 2020-10-14 16:03 | Report Abuse

Better don't limit up today, steady increase is much better

Posted by LucklessJoe > 2020-10-14 16:05 | Report Abuse

#kachan. You are correct

Posted by AdCool > 2020-10-14 16:07 | Report Abuse

Fujisnow, you can sell your shares today and still get the warrants and bonus shares. Just that you cannot sell more than what you are holding since yesterday although theoretically you should have double of shares from what you had yesterday. Just that this bonus shares and warrants yet to be deposited into your CDS account. The share price has been adjusted which means it s not finalized. whoever bought today would not be entitled to any bonus shares or warrants.

Posted by Mcaresdk91 > 2020-10-14 16:09 | Report Abuse

perfect ,well said adcool.smua da explained.thanks

Posted by AdCool > 2020-10-14 16:09 | Report Abuse

*it's finalized. typo error

Posted by Fujisnow > 2020-10-14 16:10 | Report Abuse

Thank you sifu AdCool.

Posted by ConfirmKaya > 2020-10-14 16:11 | Report Abuse

Everyone should ask our own remisier/dealer, there is a reason why we are paying them brokerage fee.

My remisier told me today is the bonus day only. Not the Entitlement day. If we want to get the bonus, we should buy latest by yesterday, & hold passed entitlement day on 15)10/20 @ 5pm.

If we buy & sell today, or buy today & sell tomorrow, we're not entitled for bonus.
The Entitlement is tmrw, 15/10/20 @5pm.

We should check our statement for clearification, we can sue our remisier & dealer if they mislead us right?

Posted by peanuts9636 > 2020-10-14 16:11 | Report Abuse

my portfolio is showing -ve earning still.
how do i know how much im actually earning since i bought before yday if i want to sell today?

Posted by ConfirmKaya > 2020-10-14 16:13 | Report Abuse

Ex-date & entitlement day is different oh

Posted by TopCat2020 > 2020-10-14 16:15 | Report Abuse

@peanuts9636 today reference price is calculated based on yesterday closing price of 1.38 , with bonus 1 for 1 and 1 free warrant with exercise price 20 cts. Formula is

(1.38 + 0.2) ÷ 3 ie 1.58 ÷ 3 = 0.5266 ( I thought it would round up but looked like it was round down to nearest 5 cts, so reference price for mother share is 0.525, warrant will be mother price minus 20 cts exercise ie 0.325.


For your average price or your cost , formula will be the same by replacing the 1.38 with your purchase price. Assuming you purchased at 1.00 , then your average price is (1.00 + 0.2) ÷ 3 = 0.40, warrant cost is 0.40 -0.20 = 0.20

Posted by Fujisnow > 2020-10-14 16:16 | Report Abuse

i will just keep....that's why I confused why the announcement stated 15 OCT 5.00pm...