Look at Mlab today, new RI shares listed and immediately fall below RI price of 9 sens, last done is 8.5 sens, this will happen to DGB when RI listed, the share price will fall below 12 sens, it is better to sell now and buy back later when RI listing day at around 12 sens.. Beware..
Consolidate then split. Might as well don't consolidate in the first place. How can Bursa allow such stock to be listed? This is not investing but is a form of stealing investor money. @#%$*^~")*("@#
just look see only..cos this co..don't impress me..a public listed annual revenue just 24 million. 1 month only 2 million..and now asking rights issue 6 times...my 2 sens..
RI is 0.12...The higher you push up, the fall will be like popiah. Whoever jump buying....Yes Yes...kindly goreng higher that the RI 0.12 look attractive for sohai bilis
@bgt9963, wondering y u shared DGB RI shall relate to Fintec RI subscriptn level. Wud appreciate if u can explain whether these 2 comps r related & in wat manner ya?
that's what iam trying to say..last quater report revenue less than 2 million....now asking rights issue more than rm120 million...with that capital ..even you put in the bank annual fixed interest of 3 percent..the co can get rm36 million..without doing any business....still have not see how they are going to utilise the fund...my 2 sens...
@Bgt 9963, how you calculate with FD RM126Mil with 3% interest they will get RM36mil? it is only RM3.6mil. And with RM3.6mil a year do they survive to pay operating cost including salary? they exhaust the money within just a few years before they probably start asking the money again by using this instrument again like PP, ESOS, SIS, RI, Warrant, and perhaps Consolidate again.
@IbnuShaari..sorry wrong calculation..but anyway..fintec got rm114 millions from rights issue and now Dgb ‘ s turn to gets rm 126 million...but anyway for me I will just stay sidelined and watch with my popcorn...my 2 sens..!
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HamsterHuat
2,852 posts
Posted by HamsterHuat > 2020-12-13 09:22 | Report Abuse
Setting RI at 0.12 is murdering the current price to drop near to 0.15 cent.
Wish whoever still holding now at 0.255.
After Share consolidation 10:1, it really push the share price spiralling down.