I don't understand, I thought peter will buy the remaining shares not owned at certain price; why the price still can move higher than his offered price??
The highest vol is today. If the announcement manage to shakes ppl, tmr will be a panic sell follow by buy back from shareholder :) They would thank you for letting it cheaper
Lets look into last transaction, a lot of q buy at 0.625, top price at 0.630.... if the sentiment is not good, they won't keep on grabbing till the top :)
It is good to get clarification that PL's rumours to park all his healthcare services assets in Malaysia and Singapore under TMC Life. But at the same time, do look into the 22 Sept announcement on acquiring more shares, and it is a LOT. Now let's think back, if he don't have big plan for this TMC, would he be that bold to acquire a lot more than what he needs? As I said, announcement made it looks bad, but in reality he is acquiring more. You may sell cheaper to him if you all wish to :)
The news came out in today's newspaper and price up a lot after lunch break. They won't confirm if really have any material development as reported, must inform Bursa first. By issue this clarification Bursa no reason issue UMA, really smart move!
steam why TMCLIFE_WA up!!! TMClife-wa will reach 0.4 this week the TMCLIFE-wa now price is 0.23 is consider cheap! so they will push up TMCLIFE-wa to 0.39---0.4 or above... therefore , singapore billionaire will huge buying the Warrant to covert the share more cheaper....so this week TMClife-wa will reach 0.4 soon
Source from http://www.osk188.com/news/newsMain.jsp?stockCode=0101WA Instrument Type : Warrants Description : Free detachable warrants ("Warrants") issued pursuant to the renounceable rights issue of 200,593,250 new ordinary shares of RM0.10 each in TMC Life Sciences Berhad ("TMC Share") ("Rights Share") ("Rights Issue") Listing Date : 22/12/2011 Issue Date : 22/12/2011 Issue Size in Unit : 401,186,500 Maturity Date : 22/12/2014 Revised Maturity Date : Exercise/Conversion Period : 3.00 Year(s) Exercise/ Strike/ Conversion Price : MYR 0.4000 Revised Exercise/ Strike/ Conversion Price : MYR 0.0000 Exercise/ Conversion Ratio : 1 Warrant: 1 TMC Share Revised Exercise/ Conversion Ratio : Mode of Satisfaction of Exercise/Conversion Price : Cash Settlement Type/ Convertible into : Physical (Shares) Remarks : The Warrants are issued free pursuant to the Rights Issue on the basis of two (2) Warrants for every one (1) Rights Share subscribed. Each Warrant entitles the holder to subscribe for one (1) new TMC Share at the exercise price of RM0.40 at any time from and inclusive of the Issue Date until the Maturity Date (inclusive) ("Exercise Period"), subject to adjustments in accordance with the provisions of the deed poll dated 8 November 2011 constituting the Warrants. Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid. This Announcement is dated 21 December 2011.
dont simply shout here... tmw definitely will be a panic day as it supposed to be.. it is just normal.. just try to grab it again below 0.55.. follow my instruction will never make you lose money..
nothing is certain for now.. dont you think they will also use this as an excuse to jack up the share price? up 3 days already... use logical sense.. i can guarantee there will be no stock will go up everyday... trust me.. tmw confirm will have an adjustment..
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....
hummingbird
72 posts
Posted by hummingbird > 2014-09-22 11:13 | Report Abuse
more to come from Singaporean Tycoon - Peter Lim Eng Hock