Posted by JimmyV > 2014-09-22 14:34 | Report Abuse

amason don't be so happy yet, share what are your justifications and reasons for a rebound?

Posted by kimssiat > 2014-09-22 14:40 | Report Abuse

I wait last hour GG.

Posted by JimmyV > 2014-09-22 14:41 | Report Abuse

And for the 41.5 sen reference price for LR that you claimed is exorbitant, by working backwards from 41.5 sen, the pre-rights price would be about RM2.50+, about the same as the closing price on Tue, 2 Sept. One can argue that it may be too high and biased to use that figure. In that case, another way to justify is to adjust for the value of the ICULS coupon rate, which gives a pre-rights price in the RM2.30+ to RM2.40+ region, which is quite fair and in adherence to the historical price trends. But of course agreed that it is slightly far from the rights-adjusted closing price 1 day before trading of LR.

Posted by JimmyV > 2014-09-22 14:59 | Report Abuse

amason, sell call on mother share by cytew is due to best use of funds. During his call it was indeed better to buy LR than to buy the mother share. Even now it still is. Why would you buy more of mother shares when you can get it at a discount via LR?

Posted by amason > 2014-09-22 15:17 | Report Abuse

bravoUp sooooooooo quiet - everybody can read him already !!

Posted by bravoUp > 2014-09-22 15:37 | Report Abuse

Jimmy already stuck in LR now blame me. Sorry jimmy nobody going to bail you out. Now 4.5 cent. This LR cheat from day 1 by fake reference price. Everybody got slaughtered earlier than you on the first and second day. The fact that you ask where i got the 41.5 cent reference price just now seems to suggest that you just jump either friday or today.

Once doing mass slaughtered mkt don't waste time anymore in that counter. ... Now goreng takaso... breakout hahaha

Posted by JimmyV > 2014-09-22 15:46 | Report Abuse

Who's blaming you now bravoUp? Why suddenly become so defensive? Just pointed out some of the obvious biases and misleading info that you have posted, for the benefit of everyone here.

Posted by JimmyV > 2014-09-22 15:51 | Report Abuse

Back of the envelope calculation indicates bulk of buyers that bought in early are still hovering around breakeven region, assuming mother shares remains at this price or even a few sen lower. Once a rebound comes after the recent sell-off and profit taking, they still stand to earn a lot.

Posted by lookingaround > 2014-09-22 15:56 | Report Abuse

JimmyV, just ignore it. From the history of conversation, you know how bravoUp made allegations towards others, such as previously tjh, then now your turn. So just let it be. We are just little self sustainable investor or trader.

Posted by Lollipot Anison > 2014-09-22 15:58 | Report Abuse

45 sen now. tempting

Posted by JimmyV > 2014-09-22 16:05 | Report Abuse

Lollipot Anison if you go in at 4.5 sen now, you're paying about 75 sen for a share that is worth about 93 sen. Worth it? Your call, for me it's an outright buy. But do remember of the additional 50 sen per LR needed for the application by end of this week.

Posted by JimmyV > 2014-09-22 16:08 | Report Abuse

lookingaround, that's true, not so much bothered by him, just bothered about the misinformation provided here. Can't deny though that some points he raised are valid and thank you bravoUp for that, but a lot of it are biased and designed to mislead others.

Posted by kimssiat > 2014-09-22 16:52 | Report Abuse

|o| My queue at 3 cent cannot make it ... left 8 mins.

Posted by kimssiat > 2014-09-22 16:56 | Report Abuse

4 mins ...

Posted by kimssiat > 2014-09-22 16:58 | Report Abuse

2 mins ...

Posted by Lollipot Anison > 2014-09-22 17:05 | Report Abuse

too early to say that but 5 sen is quite safe - the baseline.

Posted by kimssiat > 2014-09-22 17:09 | Report Abuse

Failed ...

Posted by amason > 2014-09-22 17:14 | Report Abuse

kimssiat try tomolo ha ha

Posted by Forever > 2014-09-22 17:25 | Report Abuse

You may apply for Excess.

Posted by Wraith > 2014-09-22 20:04 | Report Abuse

Hello people, I have just bought 500,000 of LR today. What should I do to change it to ICULS?

Posted by amason > 2014-09-22 21:46 | Report Abuse

bravoUp has disappeared Ha Ha.

Posted by JimmyV > 2014-09-22 22:35 | Report Abuse

Wraith, you will need to download the OFS acceptance form from Bursa website. You will also need to prepare a RM250,000 bank draft for the acceptance. Your broker should also guide you if you have any queries.

Posted by tjhldg > 2014-09-23 00:42 | Report Abuse

let see end of october how much this ibhd ... got jatuh sampai the price that some1 base on his apa tu si ia bo crystal ball talk here bo ? kikikikikiiiiiiiii .... good luck to all who convert ... cheersssssssssss

Posted by Kelvin Fook > 2014-09-23 00:54 | Report Abuse

cheers..

Posted by lclwyp > 2014-09-23 11:57 | Report Abuse

Do you think that there will be a lot of excess ICULS for us to grab?

Posted by lawislaw > 2014-09-23 12:38 | Report Abuse

Hi Guys, i heard that the I-BHD-LR will on hold our money for five years. And will give interest 2-3% peryear.. "Looks like FD better" It worth to subscribe ? Thanks

Posted by JimmyV > 2014-09-23 14:30 | Report Abuse

Lawislaw please read the prospectus before making a decision based on rumours, especially misinformed rumours. The ICULS are convertible at any time within the 5 years period into mother shares. ICULS that are not yet converted will be paid a coupon of 2.0% - 3.0% p.a., semiannual. Based on current prices, you will be getting mother shares at a discount of about 30% (assuming you bought LR at 5 sen each).

Posted by lclwyp > 2014-09-23 14:38 | Report Abuse

ICULS discount will be reduced to 24% after ex for BI 1 for 5 (RM0.75 vs RMRM0.93 ex-BI)

Posted by JimmyV > 2014-09-23 14:41 | Report Abuse

Yes, missed out on that, lclwyp is right. Thanks for pointing out. For adjustment use current share price *5/6, e.g. 1.12*5/6=0.93

Posted by lawislaw > 2014-09-23 14:42 | Report Abuse

Hi Jimmy, Thanks for your explanation.

Posted by JimmyV > 2014-09-23 14:55 | Report Abuse

Not only are you getting the discount on mother shares via immediate conversion from ICULS, you also have to adjust for potential of further rise in share price (rebound) from the recent weakness most likely from profit taking and the confusion & dumping of LR.

Posted by lclwyp > 2014-09-23 15:41 | Report Abuse

CYK,
1) Go and buy banker cheque from Bank and made payable to 'I-BERHAD OFS ACCOUNT' for acceptance. Amount = No. of LR X RM0.50.
2) Buy another banker cheque if wish to apply excess (try luck if you wish. Not compulsory). Cheque shall be made payable to 'I-BERHAD EXCESS OFS ACCOUNT'. Amount = Excess shares applied X RM0.50
3) Complete the form + signature + attached the above 2 cheques;
4) Send the form to Share Registrar, Tricor Investor Services SB of Level 17, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra 59200 KL on or before 30/9/2014 5pm.

Posted by bravo88 > 2014-09-24 01:08 | Report Abuse

bro jimmyV,how to convert ICULS to mother share?..will ICULS be listing in market or not??

Posted by tjhldg > 2014-09-24 14:10 | Report Abuse

x5/6 then mau x 0.735 lagi
example ... 1.11 x 5/6 = 0.925 x 735 = 0.679 baru betul for every 1000 shares of LA that convert

Posted by lsm88 > 2014-09-24 15:41 | Report Abuse

Hi experts,

I am a newbie and need help.
I am entitled to subscribe to 3125 units of IBHD-OR, thus I will need to prepare bank draft with the amount of RM0.69*3125 = RM2156.25.
Is this correct? Really appreciate advice here.

Thanks.

Posted by JimmyV > 2014-09-24 19:20 | Report Abuse

bravo88, call the share registrar. ICULS should be listed if all goes well.

Posted by JimmyV > 2014-09-24 19:21 | Report Abuse

tjhldg, why such calculation? Conversion rate of 0.68 sen already stated clearly. So your monetary cost per conversion of ICULS is (LR+0.50)*1.36

Posted by tjhldg > 2014-09-24 19:45 | Report Abuse

hi jimmy
for 1.11 x 5/6 = 0.925 x 735 = 0.679 baru betul for every 1000 shares of LA that convert

i meant per 1000 shares of LA by then will worth RM 679 if mother 1.11 and after X = 0.925 ..
if u bought LR at 0.05 then add RM 500 so your cost is RM 550 la per 1000 shares /// and 1000 shares of LA can convert to 735 shares of IBHD mother la

formula for 1000 shares of LA that can convert to how many units of mother shares and value per 1000 shares of LA by then la

Posted by JimmyV > 2014-09-24 20:10 | Report Abuse

Oh that's correct too. I just use a simple 1.36. Easy to remember, derived from 0.68/0.50. Meaning you need 1.36 ICULS to convert into one mother share.

Posted by JimmyV > 2014-09-24 20:59 | Report Abuse

lsm88 that's correct.

Posted by tjhldg > 2014-09-25 00:28 | Report Abuse

hahahahah ... take mine la .. as simple as abc

Posted by bravoUp > 2014-09-25 00:28 | Report Abuse

Wow!!! must sell my mother shares right after bonus x date real fast before these people convert icul to mother.. Otherwise everybody will be rushing to convert icul to mother shares and sell to take profit.
Look like the competition to sell start after the bonus x date. whoever sell first get better price.

Posted by JimmyV > 2014-09-25 08:47 | Report Abuse

Hahaha bravoUp we all thought you went missing. Wow!!! It's so amazing how after trying so hard to demonize the company, you still hold shares? You're a shareholder? Hahaha. Why haven't you sold earlier? All these while you were calling your own company a con job while still holding shares and only just decided that you wish to take profit in October? Hahaha. Of course you need to SELL, if not then what? HOLD and ride along with a conman company's growth prospects? Hahaha you sound more like the conman now, one who can't even con properly.

Posted by amason > 2014-09-25 09:03 | Report Abuse

bravoUp sounded like he knew everything - now he asking questions - con man

Posted by JimmyV > 2014-09-25 09:03 | Report Abuse

By the way, there is again another flaw in your assumption. Who is everybody? How many shareholders? What percentage of shareholding? What percentage of subscription to ICULS? What entry price? What is the desired rate of return for each shareholder?

Posted by SP0094701 > 2014-09-25 11:02 | Report Abuse

So after convert any thing what is the best prise to enter again.......all sifu please advise

Posted by lookingaround > 2014-09-25 16:08 | Report Abuse

Doubt if there will be any better price than the ICUL's 68sen or OR's 69sen, unless there is a super bear or company facing crisis. I would think the nearer to 69sen the better it is.

Posted by baby0737 > 2014-09-25 20:43 | Report Abuse

请问IBHD LR有人换LA吗？

Posted by kimssiat > 2014-09-26 14:32 | Report Abuse

Not me.

Posted by WW777 > 2014-09-26 14:35 | Report Abuse

BravoUp, you don't have to wait till bonus x date, the price will be adjusted according.
Example the clsoing price is 1.11 before X, after X will be adjusted to 0.925