SINCE MRCB HAS BEEN CALLED TO HELP GOVT BY PIMPING CASH FOR BKT JALIL STADIUM GOVT IS NOW REWARDING MRCB WITH MORE LUCRATIVE CONTRACTS AS A FORM OF COMPENSATION AND REWARD.
RI EVEN IF IT IS CALLED IS NOW A POSITIVE PRIVILEGE.
WHY IS IT SO?
ANSWER:
FOR THE OPPORTUNITY TO INVEST MORE THROUGH RIGHTS ISSUE WILL BE A HANDSOME REWARD AT THE END OF THE DAY.
COUPLED WITH THE INNECCESSARY SELL DOWN OF MRCB SHARES IT NOW PRESENTS US AN EXCELLENT OPPORTUNITY TO BUY MRCB SHARES EVEN CHEAPER THAN INSIDERS BUYING PRICE OF RM1.30
AND AT CURRENT CLOSING PRICE OF RM1.17 ISN'T IT A 10% DISCOUNT TO ESOS OF RM1.30
IF INSIDERS HAPPILY EXERCISED ESOS AT RM1.30 AREN'T WE LUCKY NOW TO BUY EVEN CHEAPER THAN THEM?
I THINK THESE TWO PROJECTS ARE JUST THE DESSERTS. THE MAIN COURSE IS STILL ON THE WAY.
A SURPRISE AWARD FROM BANDAR MALAYSIA MAY BE ON THE WAY.
NO OTHER SINGLE MALAYSIAN COMPANY HAS TOD EXPERIENCE THAN MRCB.
SEE HOW IWCITY GO LIMIT UP WHEN THEY WERE AWARDED BANDAR MALAYSIA ONCE?
SO IT WILL BE NO SURPRISE AT ALL TO SEE MRCB GO LIMIT UP IF SUCH AWARD IS GIVEN?
SO JUST SHUT YOUR EARS TO NAYSAYERS AND BUY WHILE BUYING IS STILL CHEAP
What is the cost of subscribing to RI? Is it like how we normally been charge when purchasing normal stock (brokerage fee, stamp fee, tax and etc) ? or not?
the last time i subscribed the RI for another counter is.. filled in a bunch of documents.. prepared check or money draft and posted it using post laju.. can't remember the details.. only remember the process is troublesome
my experience with RI was simpler since I'm using Maybank Investment. They settled for me. I just need to ensure my trading account has sufficient amount for the RI and the bank representative called me to confirm my subscription and informed me of the total amount needed.
Anyone holding Mrcb-C15 ? there's another 500 million shares will be traded on tomorrow as further issue, wondering who want to subscribe the issue price @RM0.15, with RM1.80 conversion price in less than 90 days to be expired ?
Kenanga always do such thing to ensure that the warrants wont be able to recover at all. This means that C15 has been checked mate by Kenanga. They have use such approach and Bursa always approve it. Kenanga is really cunning and a daylight robber.
Come tomorrow they gonna offer RM0.015 - 0.02 and keep throwing the C15. No one in their right mind would pay RM0.15 for the new issues. There are q for 0.02 and 0.015 today and tomorrow all these q would be fulfilled. Just watch and see.
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....
tyran
94 posts
Posted by tyran > 2017-08-16 00:16 | Report Abuse
doubt it...the uncertainty over the rights is a bigger problem than this kuci contracts