run while u still can, cut loss..nvr invest in any companies that the major shareholders in..even u subscribe RI, u need to wait dun knw how long to c the earning come up...if there is a earning..someone with a lot of ICULS may exercise it...end up price would tank also...why waste more bullets in the RI...invest some where else
Maryland want to take private , not possible, so now propose right issue.They knew sure a lot of investors do not subscribe to it due to cash tight n also due to market sentiment not conducive .Thus they will buy up all the unwanted right plus excess share., increasing their controlling stakes. So I hope the shareholders will attend the EGM to reject the proposal .
Hong Kong style.....how the major shareholder take advantages from minority shareholder. with right issue , shares split, shares consolidation..........later privatization at much lower price
Yes be patient and try figure out why they did that. Try get a clearer photo of what happen now. There is no way L&G bankrupt as we shall focus on company also and not only share price. Do u think if share price RM0.10 then company will face bankruptcy?
xcu843 -- i don't think LG management now is happy,may be they are more worry than us,we lose few K,they lose few M,if the share price low & cheap,other fund manager will "sapu",unless this counter no value for them to accumulate.so we just sit & wait until the price drop to it fair value then the fund manager will jump in to goreng to higher price then we throw back to the management to hold it.we go to other counter and tell all ours friends not to touch this counter ,let the manage to privatize.it.
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tah16600
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Posted by tah16600 > 2016-11-28 17:11 | Report Abuse
Don't worry lah during EGM, vote down the right issue mah!