dgb pump until 40cts also die,u think this stock no pump can survive when the rights issue is back? another mlab I presume,cos same 12 rights with 7 free warrants
May i know if today is the 1st Day for OR trading?
Let me tell you guys/ladies "believer Trive" the Story of DGB.
Immediately after Share Consolidation 10:1 DGB offer RI about 1 to 2 week later at 0.12cent
During OR Trading 1st day....trading 0.010/0.005 2nd day....limitdown to 0.005 until end of OR Trading period.
During this time, Mothershare pump up to look good until just above 30 cents before slowly press down to 10.5 just a day before RI and Warrant listing today.
Guess what happen to DGB share today Mother close 0.09 while Warrant close 0.02 So, making profit or donating your hard earn funeral money?
The Same will happen to TRIVE as it is part of Fintech group.
Are you sure you giving the right advise? Now it is too late to dump the mother because the price have been adjusted down from 0.205 to 0.16 and the reason all Trive shareholder now have OR option now.
What you mean earn back pocket money?
Do show me the calculation since you are sooooo busy giving tips at this Trive forum or you suka suka cakap.....sembang kosong.
I am just example only for the units. The amount of OR you entitled at the end doesn't matter. Most important is the mother units you holding and convert to the OR. Then you will earn from the cost difference holding mother compared to the OR.
Your example must tally with the amount of MotherShare you holding..
How can you suka suka show the example which is NOT correct...in actual situation?
How can simply pluck figure amd claim this and that?
Mothershare 14000 MEANs 84000 OR not 7000 OR..
alao your inital cost buying the MotherShare is 0.205 ......why missing this figure?
RENOUNCEABLE RIGHTS ISSUE OF UP TO 911,028,120 NEW ORDINARY SHARES IN TRIVE PROPERTY GROUP BERHAD ("TRIVE" OR THE "COMPANY") ("TRIVE SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.11 PER RIGHTS SHARE TOGETHER WITH UP TO 531,433,070 FREE DETACHABLE WARRANTS IN TRIVE ("WARRANTS C") ON THE BASIS OF 12 RIGHTS SHARES TOGETHER WITH 7 FREE WARRANTS C FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 21 JANUARY 2021 ("RIGHTS ISSUE WITH WARRANTS")
@HamsterHuat, this is not a buy/sell call. This is for discussion. If you say is shallow accounting, then do point out what mistakes I done in calculation? If can't please don't simply say is shallow accounting without proof.
The OR is entitled to you already which no matter how you need to subscribe or dispose one. But the problem is your mother shares still stuck in high cost which is 0.201 per shares but now they offer right issue which is 0.110 per shares.
So the whole point is bringing down the mother shares cost by buying OR but at this point for your entry price is meaningless already.
Ok my bad. Just realized the mistake. This Trive is providing 12 OR per share. As normal company only provide 1 OR for 2 shares. My example is referring the 1 OR for 2 shares.
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....
apolloang
18,163 posts
Posted by apolloang > 2021-01-22 22:08 | Report Abuse
dgb pump until 40cts also die,u think this stock no pump can survive when the rights issue is back? another mlab I presume,cos same 12 rights with 7 free warrants