leno am not UM graduate ... leno am a retired at 39 year old doctor after making multiple millions from share market. 20 years of experience in share market the most SENIOR in investment forum., since internet dial up 1515 system.
On behalf of the Board, UOBKH wishes to announce that the Board had on 18 November 2019 resolved to fix the issue price for the Private Placement at RM0.0477 per Placement Share.
The issue price of RM0.0477 per Placement Share represents a discount of approximately 19.97% to the 5-day VWAP of PARB Shares up to and including 15 November 2019, being the last traded day of PARB Shares immediately preceding the price-fixing date of RM0.0596 per PARB Share.
This announcement is dated 18 November 2019.
If PA cannot even get bank to lend them the money and need to do PP at discount of 19.97% which is against the norm of 10% that speak volume on the quality of the Board and Management.
Once PMetal crashed, PA crashed, these will DRAG down LBalum as well. LBalum is trading above PE 10 Not sustainable above 70 sen. Correction is on the way.
The problem is the PA is in desperate financial distress loh...!!
thats why place the share out at 5 sen to prevent bankruptcy mah...!!
Posted by Sslee > Mar 4, 2021 10:57 AM | Report Abuse
In fact SC and Bursa rule and regulation stated the PP discount should not be more than 10%. Is the Board aware of this rule and regulation? Should Bursa and SC investigate this breach of rule and regulation?
LB is for comparision with PA. A better choice or better alternative to PA. I believe in presenting alternative for investors to think and for them to make their own intelligent and informed decision.
very confusing your post. U are saying SCIB good or not ? Then give simple reason. Then Sifoo leno check your reason can pakai or not. If reason cannot pakai, sifoo leno say cannot pakai. If can pakai, sifoo leno say can pakai. Cheers.
Okok sifoo leno, I tell you reason why SCIB and Insas different but same same. SCIB and kpower big shareholder by Lord Karim mah!!! Of coz all business from Serba will give to SCIB lah! His baby serba earn money then give his baby baby scib project and business also mah! He earn from his baby serba and earn from scib also. Easy reason lah. So simple also need give reason meh??? Just look at the name also know is can pakai. SCIB = sure cumm in buttock
Sifoo Leno IQ too low to understand simple reasonings lah! Too old then just go up mountain to be monk lah! Maybe can live longer and recover your IQ mah. Why play stock when you can live longer in the mountains Wish you all the fak best in the mountains and hope to see you recover and come back this forum in the future. Cheers :-)
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
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....
leno
6,154 posts
Posted by leno > 2021-03-04 09:31 |
Post removed.Why?