Balance sheet look great after the vessel disposal at USD 29 millions. Cash per share currently is more than the share closing price of 35 sen. Trade at own risk..no contra.
Last year price drop till 12 sen is due to fund disposing its stake. Though it is up 300% now (12 sen till 35 sen). It is still a value buy in my perpective.
tekala, after sold the vessel , its become a best company now. cash in hand more than 57m, and total libilities only 9m , so don't miss the boat . it start to move up. tp rm 0.7
i like to used da word belongs to, no related to. he is a politician. sometimes your beautiful wife can be his wife. everything in the country belongs to them.
..it should be a good buy....for every one Tekala share u get 1.33 WMG....WMG issue price is RM0.50 so whoever that buys now will get RM0.665. based on nta RM0.56 & premium 18% so thats how they came to 1.33 exchange....
1 TEKALA shares = 1.33 WMG shares of RM0.50 each. Refer to Page 2 of the Bursa announcement which states that : “proposed share exchange of the existing entire issued and paid-up share capital of Tekala comprising 139,975,300 ordinary shares of RM1.00 each in Tekala (“Tekala Shares”) (excluding 13,008,000 Tekala Shares held as treasury shares) on the basis of 133 new ordinary shares of RM0.10 each in WMG (“WMG Shares”) at an issue price of RM0.50 per WMG Share for every 100 existing Tekala Shares held at an entitlement date to be determined later (“Proposed Share Exchange”)”;
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2905 views | 2 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main 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....
jeffrey7817
78 posts
Posted by jeffrey7817 > 2013-12-24 10:19 | Report Abuse
Balance sheet look great after the vessel disposal at USD 29 millions. Cash per share currently is more than the share closing price of 35 sen. Trade at own risk..no contra.