I think from technical analysis perspective, the stock could go higher from current level and even double and reach 33sen level by end of this week or next week. The stock might find stumbling block at critical resistance level of 19.5sen-20sen but I believe it is likely to be broken given the signal of the chart is on BULLISH mode. Meanwhile, its new warrants-WB could also make new high between 10sen-15sen.
Sold all at 0.17 this morning to lock profit. See the price stagnant at 0.165-0.175 despite QR will be released within this 2 days. If continue up, congrats to all who still holding. I m not greedy, gained 5 cts enough for me.
Hi louis, I only bought 400k lots. Play play only. My main portfolio holding for long term still are low risk counters with stronger fundamental. wish you good luck to earn owesome profit from this counter. Cheers
Ok I found the quarterly results oredi on malaysiastockbiz. It doesn't look bad to me but it doesn't look great either. Can anyone share some insights? Thanks.
With the completion of the debts restructuring plan dated 9 January 2015 and private placement dated 29 January
2016, ESOS shares issued on 31 Mar 2016, shares conversion from warrants dated 30 December 2016 and the full
settlement of bank borrowings, the financial position of the Group is expected to significantly improve and the
management will be able to fully concentrate on strengthening and growing the business.
Barring any unforeseen circumstances, with the diversification into the construction and property development industry
(with the land acquired in Kerteh, Terengganu) and the collaboration with (1) Hubei Guang Bo New Energy Co. Ltd. and
(2) Fortunate Solar Technology Ltd., the Group is confident of achieving better performance. The successful of the Group
heavily rely on the capabilities of the management team to secure projects in Solar Division and the development of its
property segment, bearing others unforeseen circumstances such as global/local macroeconomic, government policies and
interest rate.
Saw the results oredi, not too bad but not great either. Any insights? Is mother share going to retract, like buy on rumour, sell on news kind of trading?
this is just a speculative stock with no fundamentals. fundamentals mean got good earnings,div,asset backing,good management,cash reserve and so on. this company got nothing,empty shell company.name something we all dunno about this company
this kinda gamble I no one, wanna gamble better go to genting.in bursa gamble wif them cannot win in the long term.in genting more likely will lose also but more trilling and happier.
by the time u convert the mother down already just like asiapoly....looks good only or maybe u buy a bit is ok. if buy a lot sure die,my fren kena asiapoly-wa lah.thankfully I didn't go convert and sold all at 16cts
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES PROPOSED BONUS ISSUE
TRIVE PROPERTY GROUP BERHAD
Type Announcement Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) BONUS ISSUES Description PROPOSED BONUS ISSUE On behalf of the Board of Directors of Trive Property Group Berhad (“Trive” or the “Company”) (“Board”), Mercury Securities Sdn Bhd (“Mercury Securities”) is pleased to announce that the Company proposes to undertake a bonus issue of up to 432,629,350 new ordinary shares in the Company (“Trive Shares” or “Shares”) (“Bonus Shares”), on the basis of 1 Bonus Share for every 6 existing Trive Shares held by entitled shareholders of the Company (“Entitled Shareholders”) on an entitlement date to be determined by the Board at a later date (“Entitlement Date”) (“Proposed Bonus Issue”).
Please refer to the attachment for further details on the Proposed Bonus Issue.
If, and that's a big if, the bonus issue goes thru, what happens to the warrant? One free mother for six means warrant conversion will be changed or not, and by how much? Cos if not, warrant price will surely drop cos mother price will be adjusted for the free bonus shares. Can anyone who's expert in warrants pls explain? Thanks.
the bonus entice people to buy only, look at the warrants also discount and enticing people to convert,if many go buy to convert,likely the mother share will down when the shares are back.
@apolloang - means ppl should sell their warrants if mother goes up (a bit or a lot) and don't wait for the bonus issue exercise, is that correct? Difficult to trade like this cos of uncertainty and manipulation. Pls advise if u can? Thanks.
@apolloang - I don't plan to convert as I have to wait 2 weeks b4 I can sell the converted shares n the mother price can dip at the end of that period. If mother goes up/Goreng as a result of the proposed bonus issue, will wb be Goreng in tandem or the players will purposely not do so? My Remisier is of the opinion that the warrant didn't go up when mother went up cos players are not bullish on the warrant/stock or something. Didn't explain in full as to why not bullish. I have bought quite a lot of wb n now regret it as it is easier to play the mother. I just want to trade the warrant for quick gains but now it's looking less likely.
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....
Pak Andak
896 posts
Posted by Pak Andak > 2017-09-27 12:23 | Report Abuse
I think from technical analysis perspective, the stock could go higher from current level and even double and reach 33sen level by end of this week or next week. The stock might find stumbling block at critical resistance level of 19.5sen-20sen but I believe it is likely to be broken given the signal of the chart is on BULLISH mode. Meanwhile, its new warrants-WB could also make new high between 10sen-15sen.