Directors keep selling his shares. Its a good thing. Probably a new big player want to get involved in this company since its under Forbes Asia's 200 best below 1 billion company.
Guy dun worry about the selling lah aiyo is just a married deal with the selling I more confident that got other company want to take part in the business d.....or they would like to join to do something....just put hope on it
i follow this counter quite some time d....guys just patient looking at their past revenue and performance good what and they need to control the price within 0.2 like that before warrant issue out
firstly, its an investor relation strategy to maintain the share price around 0.2 to hold the price, before the bonus issue. this is because when the price moved up too fast, every1 will buy in and later dump the mother and the warrants for a quick profit. this will hurt the long-term investors who purchased the stock at a higher price and also crush any momentum for upward share movement when good results are released in Q4.
as to why d CEO is selling his shares via a married deal, don't u guys think it is a good thing? Why do i say that? just look at scomies, standard chartered sold off a large stake to tan sri quek and it actually boosted its share price. its a good thing the ceo sold some stake to company that is interested in EAH, while maintaining his majority stake in EAH.
in fact, its a good thing people dare not buy now due to such news, that we take this opportunity to buy more and wait for good news to be announced later. to me seems like something is brewing with this company, with some rumours on M&A and ceo selling his stake to a particular company.
firstly, its an investor relation strategy to maintain the share price around 0.2 to hold the price, before the bonus issue. this is because when the price moved up too fast, every1 will buy in and later dump the mother and the warrants for a quick profit. this will hurt the long-term investors who purchased the stock at a higher price and also crush any momentum for upward share movement when good results are released in Q4.
as to why d CEO is selling his shares via a married deal, don't u guys think it is a good thing? Why do i say that? just look at scomies, standard chartered sold off a large stake to tan sri quek and it actually boosted its share price. its a good thing the ceo sold some stake to company that is interested in EAH, while maintaining his majority stake in EAH.
in fact, its a good thing people dare not buy now due to such news, that we take this opportunity to buy more and wait for good news to be announced later. to me seems like something is brewing with this company, with some rumours on M&A and ceo selling his stake to a particular company. 20/02/2014 10:11
Fooksing Wong, check your remiser to confirm..i never buy share with free warrant..this is my first time. My remiser said today not entitle anymore..if not I will buy more mother share at this level (so cheap today).
For those still hesitate about the free warrant or bonus warrant, here is the announcement. Ex-date is today!!
LISTING'S CIRCULAR NO. L/Q : 69812 OF 2014
Bonus issue of up to 120,317,166 warrants in EA Holdings Berhad ("EAH") ("Warrant(s) B") on the basis of two (2) free Warrants B for every nine (9) existing ordinary shares of RM0.10 each in EAH held at 5.00 p.m. on 24 February 2014.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Bonus Issue" ] as from : [ 20 February 2014 ]
2) The last date of lodgement : [ 24 February 2014 ]
no point guessing what is the warrant price now. we will know about it soon enough. if we're long-term in this, we should be looking at the mother shares and ceo plans to expand this new company.
i think this company has a chance to make it big and later cross over to main-board. in fact we may know whether this is true or not in a couple of weeks time.
Don't u think something is brewing with this company lately? Firstly, they give us free warrants. Next, Sobri sold part of his stake to an interested party. Then comes news on Sobri searching for M&As. Sounds like there are interested party willing to come over 2 help bring this company to a whole new level.
Share price has been stabilizing and seems like there is a huge force behind trying hard to stop people from pushing up the price yet for some reason. And I believe its the very same person buying and dumping the stocks to maintain the price range. Since the company's fundamentals look good, I think its safe to invest in this counter with confidence and possibly to take advantage of potential corporate exercise in future.
Bonus issue of up to 120,317,166 warrants in EA Holdings Berhad ("EAH") ("Warrant(s) B") on the basis of two (2) free Warrants B for every nine (9) existing ordinary shares of RM0.10 each in EAH held at 5.00 p.m. on 24 February 2014.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: A repackaging, marketing and distribution of edible oil and other food products company,Sik Cheong Bhd aims to list on the Ace Market!
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....
ohkns
1,365 posts
Posted by ohkns > 2014-02-19 19:21 | Report Abuse
D-day tomorrow!