Not to mention dilution from the "free" (what a cancer!) warrants. So 1 share now will be worth less than 0.5X in the new enlarged share base. That's sad.
Tabung Haji you are the smartest unlike foolish i3 forumers.
18-May-2017 Insider LEMBAGA TABUNG HAJI (a substantial shareholder) disposed 2,200,000 shares on 16-May-2017. 17-May-2017 Insider LEMBAGA TABUNG HAJI (a substantial shareholder) disposed 2,083,700 shares on 15-May-2017. 16-May-2017 Additional Listing ESOS - 1,006,000 shares at 1.360. 16-May-2017 Blog Chinese FDI theme to be revisited. MRCB, Ekovest to benefit. 16-May-2017 Insider LEMBAGA TABUNG HAJI (a substantial shareholder) disposed 2,000,000 shares on 12-May-2017. 15-May-2017 Insider LEMBAGA TABUNG HAJI (a substantial shareholder) disposed 3,000,000 shares on 11-May-2017. 15-May-2017 Insider LEMBAGA TABUNG HAJI (a substantial shareholder) disposed 411,700 shares on 11-May-2017. 15-May-2017 Insider LEMBAGA TABUNG HAJI (a substantial shareholder) disposed 574,500 shares on 08-May-2017. 15-May-2017 Insider LEMBAGA TABUNG HAJI (a substantial shareholder) disposed 298,900 shares on 08-May-2017. 15-May-2017 Insider LEMBAGA TABUNG HAJI (a substantial shareholder) disposed 235,000 shares on 09-May-2017. 15-May-2017 Insider LEMBAGA TABUNG HAJI (a substantial shareholder) disposed 82,400 shares on 09-May-2017. http://klse.i3investor.com/servlets/forum/800000378.jsp
If go by past Rights Issues such as AAX, Prolexus etc, the hare will downtrend 20-30%. Now just went down by 10%. Still some ways to go. Be patient, will for the ex-date, it's likely you buy in at a much better price then. Rights Issues are always hated by the Malaysian public, cause we cannot trust our local corps, always doing fishy things that don't maximize shareholder values (at least in the near to mid term).
sell ,,, we all knows about the disposed, Tabung Haji disposed , dosen;t mean that MRCB is not good , only the insider knows the reason of the disposing, its up to you and its your money to invest, but when you said i3 forumers is foolish , that's not good.for MRCB's fan, I read all your posting in i3 and its not good, at DRB forum when Tabung Haji disposed you said the same thing and after DRB shoot up you said they are gambling, From my view after Tabung Haji disposed, UEMS and DRB shoot up, and now MRCB., just guess what will happens next
Just my opinion, everyone is here because of want to make money , maybe some of them want to goreng or set the trap to the newbie. Who knows But it;s worth if we share our knowledge with others and make profit from Bursa together What's a wonderful world. Anyway, js my piece of opinion. No other meaning , Good luck to MRCB fans.
Last time they dpress the price due to private placement and then the price moving on higher, later the same price dpress again due to esos n when price about to move up sudently RI come in may be the last stopper before price recover...
if down, last Thursday and Friday already down la. But the fact was strong support last week at 1.54/1.55 despite US down. Last week many said Friday sure all will down but nothing happen also last Friday....haha. This week foreseen Global market is uptrend due to Trump visit to Saudi, so should be fine for MRCB this week. Next week will see again.
this week foreseen global market is uptrend but MRCB is still dropping like hell. Really should avoid this stock first and enter when it hit the new low.
Sometime support level will be break too.just like vivocom. All said RM0.155 is support level and all- in to buy that stupid share. how about now. the share price drop till Rm0.140
run all ready he he not lost take small profit here old man scare to die devil news soon will coming he he lucky old man run road runner show he he pit pit he he
It's stupid and silly to fight against the currents. Look at AirAsia X, Prolexus, Land & General...and many other Rights Issues in recent times. In those cases the stocks were in downtrend mode from the time the rights issue was made. Surely, rights issues will be of benefit in the long term, but on the short term they are a drag on investors and they tend to flush out all short and medium term holders.
bro, pls be aware of this. sometime they just queue up and cancel the order later. Just wanna to make it looks like huge buying volume is there. but actually it is not.
“We also believe the stock has the potential to further re-rate, due to the anticipated more positive news flows in the next few months,” AmInvestment said.
first 2 days after last announcement already heavy falling from 1.84 to 1.54, after that 2/3 days strong support at 1.53/1.54....if really so bad, sure already break below 1.50 lah...after technical correction, now is the time to rebound...
So many promoters trying their best to sing n support mrcb price. Warrants breaking down dy...stupid sudden rights issue...too big for market to swallow. Selling may continue...goodluck
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....
nikicheong
2,469 posts
Posted by nikicheong > 2017-05-21 16:33 | Report Abuse
Not to mention dilution from the "free" (what a cancer!) warrants. So 1 share now will be worth less than 0.5X in the new enlarged share base. That's sad.