if sumatec, ircb , gwplas will be uplifted , then only 3 out of 26 companies out of pn17. That is 11% only. really not easy to pass the regularisation plan.
you said you want to increase to 100 lots. No brainer What also you say la. Not easy also you, don't want put ur egg in ircb also you. Warren buffet the theory buy PN17 also you.
This is for all to comments! What's wrong? jolie2, keep on. I respect you with all your comments. For those who don't like it, PLEASE you don't have to be so RUDE. AIYA! DID HE DONE ANY HARM to you?
Rocket_A.... everyone has the rights to give their opinions of their own. Jolie has been giving constructive comments. So could you please grow up and show respect to other people? If you dont like what you're reading here, then please leave...
I putting reality hope that it will positively reach 0.5 anytime. Then Jolie huha that fly rm2, like taking drug or what. Too much inconstrutive comment ok? You don't like my opinion then u leave.
Guys....I am a bit amazed of what u guys are arguing about, esp Rocket...afterall, our prime intention is to make some monies. No need to argue.....but I think I support Jolie.... He did his/her homeworks. When a share doesnt move and hovering at a certain price, it doesn't mean is a useless share.... Be patience..it will move.....I have 2000 lots of this counter and is still collecting.... ..When I bought 500 lots of Evergreen, ppl asked why I bought....and today, they said they regretted not buying....Have Faith on yourself.....
Gentlement and gentle ladies, the emotion in this forum on this counter appear very high. Basically, the company already announced their multiple proposal. Of concern to us, as investors is the impact on share price, on the proposed capital reduction and consolidation. Correct me if I am wrong:- say you have 100,000 bought at 0.37cents at par value of .20cents. On capital reduction you loose 0.15cents. The share price should correct to 0.22cents ( 0.37 - 0.15 ) and par value 5cents. On cosolidation of 2 into 1, your 100,000( par value 5cents) becomes 50,000(par value 10cents). The price should adjust to 0.44 unless price moves up on prospect of future earnings. However based on this simple calculations you still loose RM15,000. Anyhow pl do your homework and invest wisely. I also like other views as i am already invested in this counter.
it went up from 25sen to 37sen last year agust....over value d. i sold long time ago.buy and sel, buy and sell....made handsome profit then. not touching this till after all proposals completed. money is yours, up to you.
jolie2 Below is the list of pn17 companies. I only see the only one got hope to uplift is ircb and sumatec , The other rest , seems no hope. Don't touch.
On whether the company will consider any mergers and acquisitions as its rivals have to expedite growth, Cheang says that while this possibility has not been discounted, it is taking it one step at a time. “For the time being, the focus is to see through the regularisation scheme to put the company on a stronger footing.”
REGULARISATION SCHEME FIRST,, THEN SLOWLY OTHER MOVES
After lunch IRCB shot up 5 sen to 72 sen. They must report 2 quarters of profit before applying to uplift from PN17 unless it is fast track like THHeavy and Ho Hup.
Company is proposing uplift from PN17. Consolidate share 2 into 1 is to strengthen share price. I believe there will be more to come! And warrant is cheap at the moment.
better buy Careplus....more upside to Main Board 2015
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Posted by speakup > 2014-08-11 15:39 | Report Abuse
jolie, Gwplas will be out of PN17 thru RTO by MCT. Didn't read newspaper?