Oay, 52 week range us 0.865 to 1.14!! You all call this cantek. Humbodireder!! Dividends also not good. Capital.growth is close to NIL. You call this one Camden arh. Wait for long time to make a few cents. Better look at other more promising stocks. Go tit tut lar. Haha. Rak tak rak
Lousy stock..fellas. Don go haywire cos from 88c to 91c. Dividends a pittance , real kiam sat dividends and HARDLY any capital gains upwards movements that make your hairs go up on ends!! Don't waste time in this Lowyah stock. Haha. Tit tut. Rak tak tak
Hypnotically, Isn't the for benefit of big shareholders that subscribed to the wb rights issue, that wb to be 'in the money' so, that they can convert and increase their shareholding in INSAS later?
Dear dunspace, Sorry for the late reply as I was not looking at i3 INSAS comments for the past few days. Ms. Chow Yuet Kuan and Ms. Lau Fong Siew are both Company Secretaries. I met both of them during the AGM. Ms. Lau gave me her name-card but Ms. Chow told me she did not bring her name-card. Any luck in communicating with Mr. Koon Yew Yin? Thank you
@CAF-POW, my guess...I could be wrong. 1. Say DS Thong has the intention to takeover, he will not do anything that could potentially increase the share price like paying a higher dividend. He may end up offering a higher takeover price later. He will wait till the warrants expire so that he doesn't have to offer the 2/3 wb that he does not own, this will make him a few hundred millions richer. 2. If he has no intention to takeover, and if the mother share price goes up, he may get diluted or he can convert his warrants to maintain his holdings, but this may trigger MGO given his current interest in the company. He needs to manage it properly. I don't think this is a big problem for him. 3. If he as an insider sells some warrants or shares to avoid MGO, the share price is likely to drop. 4. Alternatively, he keeps the cash in the company to "sapu" some companies after the election?
So, if I were him, I just wait, do nothing and keep all my options open. We need some heavy weight investors to join the party and rock the boat, otherwise we just wait for two years or go "kacau" at the AGM ... LOL.
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zoozooka
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Posted by zoozooka > 2018-03-12 16:44 | Report Abuse
everyday pun cantek