ya this is not warrant, can hold if this is extra cash. because also sometimes when up back, might not have chance to buy back sometimes. so buy in batch might be a good idea, just my tot.
Additional Listing Announcement 30 Jul 2013, 14:42 Additional Listing Announcement 1. Details of Corporate Proposal Whether the corporate proposal involves the issuance of new type and new class of securities? No Types of corporate proposal : ESOS Details of Corporate Proposal : EMPLOYEES' SHARE OPTION SCHEME No. of shares issued under this corporate proposal: 202,000 Issue price per share ($$) : MYR 0.670 Par Value ($$) : MYR 0.200 Latest issued and paid up share capital after the above corporate proposal in the following Units : 541,055,448 Currency : MYR 108,211,089.600 Listing Date : 31/07/2013 2. Details of Corporate Proposal Whether the corporate proposal involves the issuance of new type and new class of securities? No Types of corporate proposal : Others Details of Corporate Proposal : CONVERSION OF IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS ("ICULS") TO ORDINARY SHARES No. of shares issued under this corporate proposal: 74,100 Issue price per share ($$) : MYR 0.600 Par Value ($$) : MYR 0.200 Latest issued and paid up share capital after the above corporate proposal in the following Units : 541,129,548 Currency : MYR 108,225,909.600 Listing Date : 31/07/2013 Remarks :
more Esos means more shares in circulation,so a bit more harder to push up.But as i said before,the final determinant of a share's price is its profit.So if no. of shares increase,but overall profitability of the co. increase more,the share will still go up.So if you believe in the management of this co. to bring it to greater and greater heights,hold on.
Pantech is a false breakout chart. Too many people stuck at price 1.06 and above. Supply is too high compare to demand. It might be like what happen to Benalec. It is better for it to drop to around 0.900 - 0.950 before rebound, just like Benalec which was a false breakout chart too and drop to 1.30 before rebound. Glad I see sell signal and sold all at 1.13 & 1.14.
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Steve Jub
4,203 posts
Posted by Steve Jub > 2013-07-30 10:04 | Report Abuse
seem like it still follow klci direction for now.