Posted by tklim > 2019-08-24 10:19 | Report Abuse

Aiyaaaaa.......

Understand the rationale lah.....

======================================

Jul 2, 2019 6:50 PM | Report Abuse

Why do companies issue preference shares?

Companies issue preference shares to raise capital. ... A benefit for investors who hold preference shares is that they receive dividend payments before common stock shareholders. A drawback is that they have no voting rights as common shareholders typically do.

==================================================================

What are the advantages and disadvantages of preference shares?

Benefits are in the form of an absence of a legal obligation to pay the dividend, improves borrowing capacity, saves dilution in control of existing shareholders and no charge on assets. The major disadvantage is that it is a costly source of finance and has preferential rights everywhere.

=====================================================================

Can preference shares be sold?

After a fixed period, a preference shareholder can sell his/ her preference shares back to the company. You can't do that with ordinary shares. You will have to sell your shares to any other buyer in the stock market. You can only sell your shares back to the company if the company announces a buyback offer.

=================================================================

Are Preference Shares debt or equity?

According to IAS 32, preference shares can be classified as equity, liability, or a combination of the two. ... For example, a preference share that is redeemable only at the holder's request may be accounted for as debt even though legally it is a share of the issuer.

=====================================================================

What are the advantages and disadvantages of common stocks?

Lack of Control. A disadvantage of common stocks is that it can be difficult or impossible to exercise control over your investment. If you invest in your own business, you can make decisions about your strategy and business practices. When you invest in common stock, you are subjected to the will of other stockholders .

==================================================================

Are preferred shares Safe?

A big risk of owning preferred stocks is that they are sensitive to interest rates. ... As Treasury bond yields approach a preferred stock's dividend rate, demand for the stock declines, sending its price lower. The safe haven provided by Treasuries can be an advantage over assuming the risks of preferred stock ownership.

======================================================================


Is it compulsory to pay dividend to preference shareholders?
No it is not compulsory to pay any dividend to Preference shareholders in case, there is Profit but company does not want to pay any dividend. But if company wishes to pay dividend to Equity shareholders it can do so only after paying dividend to Preference shareholders.


=================================================================

What are the benefits of shareholders?
Sometimes when you're a shareholder in a corporation, your only real benefit is earning money off your investment if the price of the company's stock goes up. But some companies offer extra perks and advantages to attract shareholders.


===========================================================


What is the difference between preference shares and ordinary shares?
Ordinary Shares. An ordinary share gives the shareholder the right to vote on matters put before all of the shareholders of the company. ... Ordinary shareholders will only receive a dividend after the company has paid all its debts (including those to preference shareholders).

Posted by tklim > 2019-08-24 10:24 | Report Abuse

BOTTOM LINE .....FREE WARRANT....apa lagi mau?

Posted by Robinson > 2019-08-24 10:25 | Report Abuse

nothing is free in stock market . newbie

Posted by Nik Mohd Khairul > 2019-08-24 11:43 | Report Abuse

correct me if i'm wrong, the rcps can be converted to shares when it reach maturity in 2 years time right ? its not that they can convert immediately and sell after subscribe to rcps

Posted by jaynetan > 2019-08-24 11:46 | Report Abuse

Rcps not for you as mentioned.
It is going to issue to AOF.
AOF N partners can convert ANYTIME, at a discount but minimum 2 sen

Posted by cksam > 2019-08-24 13:35 | Report Abuse

Even if the Rcps is issued to AOF or whoever the instrument will still be a listed entity. There is a conversion ratio for converting the RCPS to mother share. The underlying benchmark is the price discovery of Eduspec at end each trading day.You mean the RCPS is not going to be a listed entity?

See below the following companies that issued Preference Shares.

1) Tawin

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6249165

https://klse.i3investor.com/servlets/stk/7097pa.jsp

2) VC

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6153853

https://klse.i3investor.com/servlets/stk/0060pa.jsp

So?

Posted by Johnchew > 2019-08-24 14:12 | Report Abuse

Aiyo sifu tklim is here .where is moneykj not with u play wayang kulit show in kanger..

Posted by Johnchew > 2019-08-24 14:15 | Report Abuse

Leempeh good brand La-Z-Boy ..

Posted by Johnchew > 2019-08-24 14:18 | Report Abuse

Why sifu tklim become newbie ....

Posted by Johnchew > 2019-08-24 14:26 | Report Abuse

Sifu tklim, moneykj go every forums begging ppl to buy kanger, he stop n you r here to begging to buy kanger..kesian

Posted by Johnchew > 2019-08-24 14:44 | Report Abuse

Sifu tklim free warrant ..apa lagi mau..?? Ho ho wayang kulit show also no FOC..

Posted by jaynetan > 2019-08-24 16:18 | Report Abuse

The above if u keep on saying <even if the rcps is issue to AOF...}, that means you don't admit your error.
These rcps are DEFINITELY to issue to AOF

Posted by jaynetan > 2019-08-24 16:20 | Report Abuse

Simple sence, to share holders or the AOF IS TOTALLY different

Posted by jaynetan > 2019-08-24 16:26 | Report Abuse

Secondly the conversion of rcps is At A DISCOUNT of the underlying shares to be exact, NOT At a ration.

Posted by jaynetan > 2019-08-24 16:28 | Report Abuse

And, I dare share the rcps ARE NOT going to be listed, But the converted rcps into underlying shares ARE TO BE LISTED, NOT The rcps.

Posted by jaynetan > 2019-08-24 16:33 | Report Abuse

Amendment some typing errors :
Not at a ratio
And, I dare say..

Posted by jaynetan > 2019-08-24 16:39 | Report Abuse

Dear sir,
Tawin n Vc, the loan stocks were issued to their shareholders, which are listed and classified as preference shares

Posted by jaynetan > 2019-08-24 16:49 | Report Abuse

The rcps to issue AOF.
AOF n partners have 2 options,
1. To take the 2 % interest n redeem upon maturity
2. To convert to underlying shares anytime

This I share you with some pondering,
Do u think Aof prefer option 1?
Is it relevant to give loan charging 2% interest?
Are you going to do that?

To me, even I have a lot of money, I won't give loan charging 2%,
But if banks wiling to offer me I sure take.

Posted by Johnchew > 2019-08-24 17:02 | Report Abuse

Sifu tklim kanger kena going concern can brief me ah ..

Posted by jaynetan > 2019-08-24 17:20 | Report Abuse

Do u know that, AOF also involved in kanger

Posted by jaynetan > 2019-08-24 17:21 | Report Abuse

I like AOF, I follow closely......

Posted by Johnchew > 2019-08-24 17:51 | Report Abuse

Ho ho at the end common share holders jadi ikan masin..

Sifu tklim just diam diam..

Posted by cksam > 2019-08-24 19:25 | Report Abuse

In accounting entry, how do you resolve this RCPS issue if it is distributed as what you claimed?

Posted by jaynetan > 2019-08-24 20:04 | Report Abuse

We are talking of the proposal, the rcps , the warrants .

Posted by stncws > 2019-08-24 23:12 | Report Abuse

free warrant is for existing shrehdr..nothing to do RCPS

Posted by myneopetz > 2019-08-24 23:45 | Report Abuse

Thank you jaynetan for ur explanation. So if aof convert to shares and sell, this will press the share price down maybe to minimum of 2 sen? No wonder the price wont go up, maybe the aof keep selling. At 6 sen, they already made 200% profit...

Posted by jaynetan > 2019-08-25 04:06 | Report Abuse

Not yet .
The first tranche of rcps not yet issue.
To be issue probably after EX bonus.
The first tranche can be converted into eduspec shares at 80 % of the 5 days everage market price ,minimum 2 sen , whichever is higher

Posted by jaynetan > 2019-08-25 04:20 | Report Abuse

AOF needs to send request to eduspec for conversion .
Eduspec will make announcement tru bursa .

Posted by jaynetan > 2019-08-25 04:21 | Report Abuse

There are some grey areas in the market beyond our imaginations.

Posted by jaynetan > 2019-08-25 04:32 | Report Abuse

80% means if market price 6 sen, aof converting at 4.8 sen

Posted by jaynetan > 2019-08-25 04:40 | Report Abuse

As i said , there are grey areas any where

Posted by TECHfullyBREWED > 2019-08-25 07:28 | Report Abuse

Am I right ?

if they convert the RCPS to ordinary shares, they cant claim the initial RM60mil outlay

Posted by jaynetan > 2019-08-25 07:36 | Report Abuse

If u are asking me , i cannt understand wht u mean

Posted by TECHfullyBREWED > 2019-08-25 08:00 | Report Abuse

its ok jaynetan, just ignore my question

Posted by jaynetan > 2019-08-25 08:05 | Report Abuse

If the tranche 1 coonverting, offcourse the loan becomes shares, no interest payment

Posted by jaynetan > 2019-08-25 08:06 | Report Abuse

Alam is a good examples

Posted by jaynetan > 2019-08-25 08:07 | Report Abuse

Next will be xinghe

Posted by jaynetan > 2019-08-25 09:06 | Report Abuse

First Tranche of Conversion, any prices above 3 sen, AOF laughing to the bank.

Posted by Mytrd > 2019-08-25 09:16 | Report Abuse

Not so fast for AOF do conversion after subscription , so before they convert, diluted the share and dispose, I think we should sell as well, I think in 2 years time.

Posted by jaynetan > 2019-08-25 09:23 | Report Abuse

I purpose of all above information is to educate investors to understand the basic knowledge of shares trading, include All the funny terms used, and the incorrect explanations by some look PAKAR bloggers.

Stocks like edu, xinghe, mnc, huaan, tawin n so on, might go sky up, not because of certain unknown projects, or shouting n cheering by certain groups.
Our hard earn money, we need to learn from mistakes. Why should someone persuades us to buy or sell instead of providing important data or information?

Posted by calvincheebursa > 2019-08-25 09:36 | Report Abuse

Thanks for sharing jaynetan. In you opinion, will the shares shoot up ? what’s the TP ?

Posted by jaynetan > 2019-08-25 10:10 | Report Abuse

For this counter, expecially AOF involved, its motive very clear, to cash out rather than take the minimal interest or hoping for the bright future.
I don't mean the price won't go higher, as I said market can be easily manipulated within the law

Posted by calvincheebursa > 2019-08-25 10:26 | Report Abuse

ok jaynetan, noted and thanks for your sharing

Posted by jaynetan > 2019-08-25 10:43 | Report Abuse

Welcome

Posted by TECHfullyBREWED > 2019-08-25 11:23 | Report Abuse

Thanks Jaynetan

Posted by Boomerangs > 2019-08-25 15:21 | Report Abuse

Just wayang kulit show tklim

Posted by Boomerangs > 2019-08-25 18:00 | Report Abuse

Why tklim deleted his today post ?wayang kulit betul..

Posted by moneypedia > 2019-08-25 23:51 | Report Abuse

RCPS and AOF what in long form? im newbie laaa...maciam2..

Posted by stncws > 2019-08-25 23:51 | Report Abuse

tmr shd be goreng

Posted by moneypedia > 2019-08-25 23:59 | Report Abuse

goreng ayam intact lah,lunch hour....