Actually, there are 4 versions of RI ....he changes so many times, probably is to cope with the situation. For example, he changes the 3rd. version to the final version, i think this is bcos many of the retailers sold their holdings and hope to buy back cheaper, later. Now he changes to the more expensive version, so that, they can't buy back as cheaper as expected for the 3rd. version.
For those changed their holding from mother share to WB, although is not affected by the version change (bcos exercise prx and quantity compensated will be adjusted accordingly), but he manipulate WB less, so that, the WB holders have less chances to make money from trading the WB (compare to holding mother share).
Those did the calculation knew, for the 3rd. version, due to some conditions (that they get bursa approval) the 5- VWAMP should below 74sen. When he manipulated above the price higher, it is puzzled and now, there is the answer, he change the version again.
Very cunning, out of scope until u dun believe (eg. change the RI version 4 times, etc) :D :D :D
U better go into Insas now b4 the GREAT RUSH for INSAS COME mah..!!
Just buy b4 too late loh...!!
Posted by Diamond7 > Oct 8, 2020 5:54 PM | Report Abuse
@SSLee I love to read your write ups. Very professional reports. Insas is very cash rich Cash in hand is 90 cents. No of shares 663 million and it holds 555million inari
But why is the price of insas not up when inari keeps moving up???
Insas lacks media reports in STAR n The Edge.
Kindly have your reports published in the local media so that investors will come to realise how undervalue insas is!
Cash in hand is worth as a long term FD. Revenue generating asset is attached with a multipler (like Tp number). Unless Insas has plan, you are better off putting yr cash in yr Bank
Haha stockraider, Netx RI because it wants stockraider to make money. Jaks RI because ALP wants more LTIP (15%) Insas RI because Dato' Sri Thong wants to collect warrants. So stockraider is the winner?
On 24 May 2017 The Company offered 24,500,000 share options under the LTIP to the eligible directors and employees of JRB and its subsidiaries at an exercise price of RM1.40 per LTIP Option and it was fully accepted. Ang Lam Poah - 6,000,000
On 7th Feb 2019: RSP Granted: 38,709,760 Ang Lam Poah - 25,164,960
On 7th October 2020: RSP Granted:19,945,000 Ang Lam Poah – 15,000,000
it is a pity Jaks takes the route to low pricing of rights to suppress the underlying shares. Given a choice , I will cut loss b4 ex and call it a day and moves on
REMEMBER AT NETX WE ARE IN THE FINAL LAP OF BIG PROFIT MAKING OPPORTUNITY LOH...!! DO NOT LET SOHAI NAYSAYERS TALK U OUT THIS WONDERFUL OPPORTUNITY ON THEIR LAST DITCH FINAL ATTEMPT LOH..!!
JUST GO WITH THE PLAN SUBSCRIBE FOR THE RIGHTS & EXCESS RIGHTS NO MATTER WHAT HAPPEN LOH..!
Thats how u can make all the money by buying the excess rights loh..!!
Lets count the potential profit raider strategy that suggest u to buy netx loh...!!
1.U buy 1m of netx OR at 0.5m costing u rm 5k
2.U apply for another 1.5m netx excess rights
Your additional outlay are as follows
a) 1m x 0.13 sen b} 1.5m x 0.13 sen
U get 2.5m share costing rm 325k & u will get 2.5m netx & 1.25m warrant.
Your potential profit are as follows:
Mkt value 16 sen x 2.5m netx share = Rm 400k Mkt value Netx warrant 4 sen x 1.25m = Rm 50k Thus overall value Rm 450k
Your cost Rm325k plus Rm 5k = Rm 330k.
Thus your profit conservatively is Rm120k a return on investment of 36% over 2mths or a return on investment of 144% pa.
Thats how u get very rich on netx loh...!!
The above strategy is scalable, if u want to make more on low risk u can raise your excess share application on netx to 3m, 6m, 9m or even 12m within your affordability mah...!!
Your profits will be in proportion to the excess share application u make on netx loh...!!
--------------- gunter Service Unavailable The server is temporarily unable to service your request due to maintenance downtime or capacity problems. Please try again later. 12/10/2020 12:39 PM
when Jaks proposed RI price at 15 , the market is in deep correction mode. Now, the market is more stable and Jaks proposed RI 25 sen..........what has changed? nothing....and bad results still expected..............
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,292,073,304 NEW ORDINARY SHARES IN JAKS RESOURCES BERHAD ("JRB" OR THE "COMPANY") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.22 PER RIGHTS SHARE TOGETHER WITH UP TO 646,036,652 FREE DETACHABLE WARRANTS IN JRB ("WARRANTS") ON THE BASIS OF 8 RIGHTS SHARES TOGETHER WITH 4 WARRANTS FOR EVERY 5 EXISTING ORDINARY SHARES IN JRB HELD AS AT 5.00 P.M. ON TUESDAY, 27 OCTOBER 2020 ("RIGHTS ISSUE WITH WARRANTS")
firehawk If he fixes the RI subscription @0.15 or even @0.18, they also have to subscribe, no alternative way .... unless they sell at loss :-( 01/10/2020 4:05 PM ---------------------------------------------------------------------------------------- He is much more aggressive than i tot, finally is 0.22!
Actually, the overall amount received for Ver. 2; 3 and 4 is almost the same, the differences btw these ver. are the subscription price and ratio, why he reversed to ver. 2 (ver4 is actually same as ver.2, will very little, 0.005 subscription price difference) ?
while many operators manipulate the market price, he even manipulates the RI price, really outstanding among others !!
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....
DreamCruiser
1,091 posts
Posted by DreamCruiser > 2020-10-09 18:08 | Report Abuse
Kasi up lebih sikit la