MENANG CORPORATION (M) BHD

KLSE (MYR): MENANG (1694)

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Last Price

0.61

Today's Change

0.00 (0.00%)

Day's Change

0.60 - 0.615

Trading Volume

144,400


1 person likes this.

1,149 comment(s). Last comment by Investing_Bursa 2024-07-09 17:14

Ring

6,522 posts

Posted by Ring > 2014-07-02 11:16 | Report Abuse

I dont think so?

Ring

6,522 posts

Posted by Ring > 2014-07-02 11:39 | Report Abuse

Bank who issued d warrants, will push up d warrant price n mother may go higher then d present price..somebody passing rumours...any expert, please clear d air.

Yeamwk

124 posts

Posted by Yeamwk > 2014-07-02 16:27 | Report Abuse

dilution sure got black and white in the announcement, free warrant is another form of paying bonus/dividend. So guys, no worries and enjoy!

Simon Lau

79 posts

Posted by Simon Lau > 2014-07-02 16:46 | Report Abuse

koik88 , ex date is the date when u buy the share u don't have the entitlement anymore

alexyap

258 posts

Posted by alexyap > 2014-07-02 17:33 | Report Abuse

what happened to koik88's comments?? conversation seems broken... -.-

venton

159 posts

Posted by venton > 2014-07-02 18:48 | Report Abuse

well, I think there must be some adjustment after ex-date...

Ring

6,522 posts

Posted by Ring > 2014-07-02 21:03 | Report Abuse

Menang may move upwards after free warrants.

Eelyn Soon

514 posts

Posted by Eelyn Soon > 2014-07-02 21:58 | Report Abuse

whoever that bought below 1.15 will most likely be safe... even after ex...

kakijudi

1,086 posts

Posted by kakijudi > 2014-07-02 22:35 | Report Abuse

Aiyo. Trust me la. Menang at least rm2. Getting 100m from the 3 campuses for 5 years. And also their land in seremban 3 is worth alot now. Won't go wrong if invest in menang

Ring

6,522 posts

Posted by Ring > 2014-07-02 22:39 | Report Abuse

Investment bank issuing d warrants n to push d price north have to push mother, so dont get trapped hold d mother for a month n watch d fun!!!!!!

venton

159 posts

Posted by venton > 2014-07-03 10:50 | Report Abuse

Ring, this warrant is not issue by investment bank. it's not call warrant.

tigermal

61 posts

Posted by tigermal > 2014-07-03 11:06 | Report Abuse

last day to buy with free warrants...tomorrow is ex date...

Posted by DecepticonXXX > 2014-07-03 11:11 |

Post removed.Why?

tigermal

61 posts

Posted by tigermal > 2014-07-03 12:27 | Report Abuse

not donkeys..just amateurs..want to play in big leagues but have no experience lor

Posted by DecepticonXXX > 2014-07-03 12:30 | Report Abuse

correct tiger bro. they simply make up stories. warrant issue by bank? laugh me die.

tigermal

61 posts

Posted by tigermal > 2014-07-03 12:34 | Report Abuse

Menang closing morning session at RM 1.29.....collection before ex- date

tigermal

61 posts

Posted by tigermal > 2014-07-03 13:13 | Report Abuse

Looks like new substantial shareholder going for 10% threshold..can call for EGM at that level. Menang is a solid buy for every reason except speculation!

tigermal

61 posts

Posted by tigermal > 2014-07-03 13:13 | Report Abuse

Decepticonxxx.....better get Optimus Prime to buy Menang befire 5 pm today!

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-07-03 14:48 | Report Abuse

I am buying further....

tigermal

61 posts

Posted by tigermal > 2014-07-03 15:20 | Report Abuse

for those unsure..Any purchases up to 5 pm today will qualify for free bonus warrants. They are not call warrants and not promoted by any investment bank. T+3 means on 8th July 2014. The Mother shares will be entitled for "free" warrants on a ratio of 1 Warrant for every 2 Mother stock.

tigermal

61 posts

Posted by tigermal > 2014-07-03 15:21 | Report Abuse

Listing of warrants will be set by Bursa after 8th July perhaps in a week or so. Look out for company annoucement

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-07-03 16:22 | Report Abuse

huat huat huat 132!!!!

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-07-03 16:22 | Report Abuse

Listing of warrants : 14th July 2014

jtpc2006

984 posts

Posted by jtpc2006 > 2014-07-03 16:25 | Report Abuse

can grab more, now more and more understand these are 'free warrants'...

Yeamwk

124 posts

Posted by Yeamwk > 2014-07-03 16:26 | Report Abuse

if you hold till next Monday (7th July) and decided to sell on Monday (7th July) morning. You still have the free warrant? Correct me if I am wrong.

tigermal

61 posts

Posted by tigermal > 2014-07-03 16:28 | Report Abuse

brendon..how you know listing is 14 July 2014? is there any announcement

tigermal

61 posts

Posted by tigermal > 2014-07-03 16:29 | Report Abuse

yeamkw.....you sound anxious to throw on 7th July..what is Mother share rise to RM 1.50 ????? hahaha

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-07-03 16:30 | Report Abuse

tigermal : pls refer Bursa statement on Menang Corp.

Yeamwk : ur last day to buy and be entitlled for warrants is today, If u sell Mother tomorrow, you will still get warrants by 14th July. TQ

Yeamwk

124 posts

Posted by Yeamwk > 2014-07-03 16:34 | Report Abuse

brendonyeap: Got it thanks.

So the value of warrants based on today closing price or they will still value it for the week (7/7 to 14/7)? Possible people buy today and sell tomorrow for free warrant (easy money)?

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-07-03 16:55 | Report Abuse

Yes its true....

jtpc2006

984 posts

Posted by jtpc2006 > 2014-07-03 17:03 | Report Abuse

the exercise price for the free warrants is RM1, imagine much you will get for all those who bought the mother share by today.

Ring

6,522 posts

Posted by Ring > 2014-07-03 17:05 | Report Abuse

When is d expiry date of Warrant?

tigermal

61 posts

Posted by tigermal > 2014-07-03 17:05 | Report Abuse

based on closing RM 1.31 today..warrants worth RM 0.41..but too much speculation.....bound to have correction In the next five business days

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-07-03 17:05 | Report Abuse

The warrants will be quoted as 0.005 sen on July 14th, usually ppl will chase till limit up to abt 20sen ( like xinquan).

As per calculation, the warrants is worth at least 45sen. TQ

tigermal

61 posts

Posted by tigermal > 2014-07-03 17:07 | Report Abuse

sorry brendon..looking for Bursa announcement of listing date 14 July??? do you have the link??

sharkwin

26 posts

Posted by sharkwin > 2014-07-03 18:28 | Report Abuse

tomorrow 4/7/14 is the entitlement date which means tomorrow is the last day to buy. the "warrants" will be issued at 5pm on 8/7/14 which means 9/7/14 we can only start trading the warrants.

sky4524

41 posts

Posted by sky4524 > 2014-07-03 18:43 | Report Abuse

https://www.sec.gov/answers/dividen.htm
maybe this link will give us a better understanding about the ex-date.
Please correct me if i am wrong.

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-07-03 20:21 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1663113


Ex date : 4th July
Entitlement date : 8th July
The warrants will be credited to ur CDS within 4 market trading days from date of entitlement. which means, by 14th July, the warrants will be inside yr CDS acc.
Therefore, the warrants will be quoted for transaction July 15th

Pls correct me if i am wrong, TQ

Nesa123

40 posts

Posted by Nesa123 > 2014-07-03 20:41 | Report Abuse

Any tp resistance info on mother upon warrant release?
Looking forward to keep further.

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-07-03 20:43 | Report Abuse

Mom will down tomorrow due to over purchase today but i see support at 1.20 level. Broke this level the next is 1.15

The out look for Menang corp is rosy as it has many order books. I am holding long term and my cost is cheap so i am not afraid.

Warrants estimated value is 45sen as per above calculation, kindly refer the above comments. TQ

optimusprime

1,149 posts

Posted by optimusprime > 2014-07-03 20:47 | Report Abuse

Posted by brendonyeap > Jul 3, 2014 05:05 PM | Report Abuse

The warrants will be quoted as 0.005 sen on July 14th, usually ppl will chase till limit up to abt 20sen ( like xinquan).

As per calculation, the warrants is worth at least 45sen. TQ


how could limit up 20c??

can u check?

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-07-03 20:51 | Report Abuse

Typo : its not July 14th, but 15th. Typically, the listing of new shares is 7 working market days after ex date.

Refer Xinquan free warrants too.
TQ

optimusprime

1,149 posts

Posted by optimusprime > 2014-07-03 20:58 | Report Abuse

Posted by tigermal > Jul 3, 2014 01:13 PM | Report Abuse

Decepticonxxx.....better get Optimus Prime to buy Menang befire 5 pm today!


thks bro. have accumulated enough last week. 12 lorries mah.

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-07-04 00:08 | Report Abuse

DJIA up 90 pt and break 17,000 pt comfortably....confirm tomorow KLCI wil break 1900pt

Yeamwk

124 posts

Posted by Yeamwk > 2014-07-04 08:44 | Report Abuse

Why today start price at 1.2? Anyone know?

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-07-04 08:57 | Report Abuse

Adjusted down by 11sen. Therefore the warrants will cost 22sen

Posted by soccerking82 > 2014-07-04 09:08 | Report Abuse

I also not understand.. tot the warrant is free of cost.

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-07-04 09:14 | Report Abuse

no such thing as free in this world, my dear!

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