I have been playing aim stock . Something I can say and sometimes something I cannot say . Look at my old posting on some aim stock . There isn't much fundamental in most aim stock .
rights issue means...company director want to korek $$$ from shareholders again.....i sold all today due to i do not see any solid project ....just my view..
The company needs more capital for investment n expansion n therefore calls for this rights issue. Madam Tan also gives us the assurance that she'll take up all the unwanted rights which is very good n I think this is the cheapest way to get capital n also gives the shareholders the chance to participate. I'm holding only 150,000 shares, although small, n will take up the rights. This is my opinion only. Trade at own risk
Now waiting for egm . 1 for 1 at 7 sen and free 666 warrant. Means you have 100,000 you pay 7000 ringgit you will end up with 200,000 and 66,666 warrant . Your cost at 10 sen is 10,000 plus 7000 and total invesment is 17,000 for 200k and warrant 66,666 .presumme share price is 8.5 sen after ex all and warrant is 5 sen . Your gain will be 3300. This is in theory . Trade at your own risk . Buyer beware .
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....
kuihmoi
315 posts
Posted by kuihmoi > 2014-05-26 13:04 | Report Abuse
7 sen buy kow kow .wait for 11 sen . Also 7-11