Posted by Stronkstock > 2021-10-06 10:10 | Report Abuse

Lai liao, tighten your seatbelt

Posted by whistlebower99 > 2021-10-06 10:13 | Report Abuse

Directors are responsible to ensure success of rights issue to raise fund from shareholders but they are not responsible to ensure shareholders make money from subscription of rights issue.

Posted by Stockhunter88 > 2021-10-06 10:37 | Report Abuse

Goreng mother share now for directors to convert OR and sell later?

Posted by TheLastDance > 2021-10-06 11:04 | Report Abuse

Can only sell on 2 Nov 2021 but need to convert within this week or next week.

Posted by hambasaham > 2021-10-06 15:58 | Report Abuse

Any one already received the form for conversion ?

Posted by whistlebower99 > 2021-10-07 14:07 | Report Abuse

Can download the form from this link if delivery is late.

https://www.klsescreener.com/v2/announcements/view/3434429

Posted by Prohaven > 2021-10-07 14:42 | Report Abuse

"The issue price of 14 sen per rights share represents a discount of 12 sen from PDZ's last traded price of 26 sen today.

"Thus, for every subscription of six rights share, subscriber would receive six times the discount of 12 sen, which is equivalent to 72 sen," he said in a statement.

For every subscription of six rights shares, he added, subscribers would also get two free warrants, which can be traded at their intrinsic value of 10 sen, being the difference between the share price of 26 sen and its exercise price of 16 sen.

The total value of the two warrants is 20 sen.

"Exercise price of warrant is the amount warrant holders need to pay the company in order to convert the warrant into ordinary share," Liu explained.

"For every subscription of six rights shares at 14 sen each, the total potential profit is the sum of the total 12 sen discount of the six new ordinary shares and 10 sen intrinsic value of the two free warrants. This brings the total to 92 sen or 109.52 per cent profit on an 84 sen investment for the six rights shares."

Based on PDZ's prospectus dated October 1, in order to subscribe to the rights iIssue, investors must either own PDZ shares on the ex-date of September 30 2021 or buy the traded PDZ-OR.

The prospectus also stated that all acceptance and payment can be made using physical submission of rights subscription form, electronic application via ATM and website of Public Bank Bhd and Affin Bank Bhd or Bursa Anywhere application.

The deadline for subscribers to pay for the trading rights is October 18 2021.

The new shares and free PDZ-WC are expected to be listed on November 2 2021.

A total of 1.98 million PDZ-OR changed hands throughout the first day of trading and closed at RM0.005.

The parent stock rose RM0.005 or 1.96 per cent today to RM0.260 with 3.19 million shares changing hands.

https://www.nst.com.my/business/2021/10/733609/pdz-rights-shares-may-more-double-subscribers-investment

Posted by whistlebower99 > 2021-10-07 14:51 | Report Abuse

Directors are responsible to ensure success of rights issue to raise fund from shareholders but they are not responsible to ensure shareholders make money from subscription of rights issue.

Take a look at price movement of PASUKGB, LAMBO, SAUDEE, etc for guidance

TAYOR

Posted by Bangsabursa > 2021-10-07 23:39 | Report Abuse

Exactly on ma200 line. Let see what happen tomorrow

Posted by Citadel666 > 2021-10-08 01:44 |

Post removed.Why?

Posted by whistlebower99 > 2021-10-08 10:56 | Report Abuse

Today last trading day for OR.

Trading of OR from 4/10 - 8/10

============================
Acceptance and Payment 18 Oct 2021 05:00 PM
Excess share application and payment 18 Oct 2021 05:00 PM
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 25 Oct 2021
Available/Listing Date 02 Nov 2021

=============================

Be reminded that the price is already ex-rights. Buying mom now will not be entitled to rights issue with free warrants

For those still holding the OR, get your money ready if you wish to contribute to directors fund raising rights issue exercise.

Take a look at other similar fund raising rights issue exercises by other penny stocks for comparison.

================================
Trade wisely, don't be trapped at high price

Posted by whistlebower99 > 2021-10-08 12:32 | Report Abuse

Fund raising rights issue exercise will increase company fund by about 85 million if rights shares are fully subscribed.

Directors are responsible to ensure success of rights issue to raise fund from shareholders but they are not responsible to ensure shareholders make money from subscription of rights issue.

Posted by bjgdila123 > 2021-10-08 15:41 | Report Abuse

start collect bro .... sekali dia push , kayo pakcik

Posted by Bangsabursa > 2021-10-09 01:15 | Report Abuse

Monday maybe turun sikit then terus boom.

Posted by followKing > 2021-10-11 16:47 | Report Abuse

based on the current price , it is still good OR holders to exec right ?

Posted by talib59 > 2021-10-11 18:00 | Report Abuse

Right isue 14 sen. But still don't have confident to buy

Posted by Bangsabursa > 2021-10-11 20:48 | Report Abuse

Sudah bagitau akan turun sikit.. Esok last day kalau dia mau turun sebelum naik semula. Collection last day tomorrow

Posted by zulpsang > 2021-10-12 00:13 | Report Abuse

Bangsabursa tai yik la

Posted by Bangsabursa > 2021-10-14 20:57 | Report Abuse

zulpsang apehal lu. pishang ka? haha

Posted by kkylim56 > 2021-10-14 21:20 | Report Abuse

Still want to trap people ar... Later karma will be on you..

Posted by whistlebower99 > 2021-10-15 09:55 | Report Abuse

FOR NEWBIES ONLY

1. CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN PDZ HOLDINGS BHD ("PDZ" OR THE "COMPANY") ("PDZ SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 11 AUGUST 2021 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")


2. RENOUNCEABLE RIGHTS ISSUE OF UP TO 797,746,170 NEW ORDINARY SHARES IN PDZ HOLDINGS BHD ("PDZ" OR THE "COMPANY") ("PDZ SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.14 PER RIGHTS SHARE TOGETHER WITH UP TO 265,915,390 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS C") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS C FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 1 OCTOBER 2021

=================================
Share consolidation on 11/8 (COMPLETED)
consolidated price = 0.30

=================================

Ex-rights price on 30/9 (COMPLETED)
mom = 0.155
WB = 0.045

============================
Trading of OR from 4/10 - 8/10 (COMPLETED)

OR price = 0.005 seller quote

============================
Acceptance and Payment 18 Oct 2021 05:00 PM
Excess share application and payment 18 Oct 2021 05:00 PM

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 25 Oct 2021

Available/Listing Date 02 Nov 2021

=============================

Be reminded that closing date for application of RI with free warrant is 18/10/21

TAYOR

Posted by whistlebower99 > 2021-10-25 11:42 | Report Abuse

Next date to look forward to.

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 25 Oct 2021

Subscription results should be announced today after market.

Interesting to see the response of retailers and operators on the rights issue subscription.

Posted by whistlebower99 > 2021-10-25 11:50 | Report Abuse

Directors are responsible to ensure success of rights issue to raise fund from shareholders but they are not responsible to ensure shareholders make money from subscription of rights issue.

Posted by Legend > 2021-10-25 12:11 | Report Abuse

Boleh standby

Posted by whistlebower99 > 2021-10-25 20:07 | Report Abuse

PDZ HOLDINGS BHD ("PDZ" OR THE "COMPANY")

RIGHTS ISSUE WITH WARRANTS


Total valid acceptances 93,436,814 15.40
Total valid excess applications 306,812,737 50.57
Total valid acceptances and excess applications 400,249,551 65.97
Total Rights Shares available for subscription 606,704,826 100.00
Not subscribed for 206,455,275 34.03

https://www.klsescreener.com/v2/announcements/view/3445345

===============
Total valid acceptance very low at 15.40%
Excess application at a high of 50.57%, most likely by other penny stock companies and operators.

Possible scenario is the operators and applicants of excess shares will attempt to support the price, create news & excitement to sell their allocated shares to market to release their fund tied up in the subscription.

To the directors, the fund raising exercise is considered a success even though it is not 100%.

Trade wisely and don't be caught at high price.

Posted by huatkopi88 > 2021-10-26 12:50 | Report Abuse

Beware pump and dump counter. Foray into glove biz is questionable and risky, even big 4 cannot sustain what more the glove newbies

Posted by investisthekey > 2021-10-26 16:31 | Report Abuse

my money turn to paper...soon paper will vanish into the air....worst counter i ever encounter...learn the painful way....lol

Posted by whistlebower99 > 2021-10-26 17:55 | Report Abuse

Expect some announcements of MOUs, potential business opportunities, etc to attract newcomers to the stock.
Operators will try to release their rights shares and free warrants to the market to free up their money used for subscription of the rights shares.

TAYOR

Posted by kentwang168 > 2021-10-27 11:35 | Report Abuse

consolidate then issue new share, then price drop like hell then consolidate again and issue new share. damn, kenal conned already. if you not follow your share will be diluted, if you follow your money will be trapped. keep asking ppl to pump in fresh money. Holland already this counter.

Posted by sapdresmen > 2021-10-27 12:46 | Report Abuse

same case like this happen in early 2018 also.....

Posted by bjgdila123 > 2021-10-27 13:49 | Report Abuse

retails mampus ...jgn beli

Posted by poohboy > 2021-10-27 13:59 |

Post removed.Why?

Posted by spixon > 2021-10-27 16:54 | Report Abuse

gap close.. hope uptrend start...if not... now burn baby burn.. :)

Posted by Bangsabursa > 2021-10-27 18:18 | Report Abuse

Gap close with reversal candle. Tomorrow up?

Posted by SleepingForest > 2021-10-28 07:57 | Report Abuse

Con counter .

Posted by fl888 > 2021-10-28 08:48 | Report Abuse

Only less than 65% RI subscribed…?

Posted by Legend > 2021-10-28 10:10 | Report Abuse

sapuuuuu

Posted by Legend > 2021-10-28 10:20 | Report Abuse

Sold all 0.145... take 4k syukur

Posted by TheLastDance > 2021-10-28 11:16 | Report Abuse

Sejak bila pernah sampai 0.145?

Posted by Anisdesanika > 2021-10-28 11:24 | Report Abuse

ha ha ha ha...betul tu...

Posted by Anisdesanika > 2021-10-28 11:24 | Report Abuse

wb maybe...ha ha ha ha...

Posted by imvu > 2021-10-28 15:47 | Report Abuse

hari ni hijau , besok hijau ? isnin gap up limit up ?

Posted by whistlebower99 > 2021-10-28 16:26 | Report Abuse

Pump down pump up to entice and catch those who can't resist the temptation of FOMO

Posted by whistlebower99 > 2021-10-28 16:27 | Report Abuse

Operators will release their shares at or below rights issue price (14sen cushioned by free warrants) to newcomers.

Effectively, the operators want the fund raised from the rights issue to come from retailers pocket and they will use their money pool for other subscription exercise.

TAYOR

Posted by Peace99 > 2021-10-28 17:35 | Report Abuse

Besides the suggestion of pump and dump, any other reason for the 30% up today?

Posted by wee2000 > 2021-10-28 18:04 | Report Abuse

fintec group mostly p&d. no other reason, u might see announcement tomorrow, but there will be no valid reason.

Posted by Peace99 > 2021-10-28 20:22 | Report Abuse

@wee2000, thanks.....then need to be very cautious :(

Posted by Bangsabursa > 2021-10-29 01:05 | Report Abuse

Most of the time, TA will not lie to you. Wednesday reversal candle, Thursday confirmation candle. What more do you want? Remember to follow your technical analysis although it is P&D counter.

Posted by bjgdila123 > 2021-10-29 06:42 | Report Abuse

no of share sikit , mcm boleh sailang ... apo 1.00 boleh ma

Posted by AlfI3 > 2021-10-29 07:48 | Report Abuse

@peace99, perhaps frm d recent improved mkt sentiment in shipping & logistics that riding on the economy recovery theme might have given some impetus to the prc hike. Encouraging results had been observed fm many shipping comp during their latest QR released. I presume PDZ enjoys d same