Posted by kllady_fidah > 2013-04-16 16:18 | Report Abuse

anyone?

Posted by cloechy > 2013-05-16 13:28 | Report Abuse

just got the contract from Sime Darby... will it up?

Posted by iwan1991 > 2013-07-16 09:20 | Report Abuse

why zecon wa down ??when mother up//.

Posted by sephiroth > 2013-07-16 09:22 | Report Abuse

exercise price RM1.06, takeover price RM0.80, now you know why?

Posted by afifi > 2013-07-16 09:25 | Report Abuse

wa-0.5

Posted by iwan1991 > 2013-07-16 09:27 | Report Abuse

okay..thank you..

Posted by iwan1991 > 2013-07-16 10:00 | Report Abuse

whhy suddenly wa got higher buyer?? something gonna happen??

Posted by richman > 2013-07-16 10:01 | Report Abuse

proposal to tke privae at 80cts but wrts at 5 cts only

Posted by richman > 2013-07-16 10:22 | Report Abuse

I think shareholders will not accept the offer bcos nta is higher,wrts now worthless unless get below 5 cts

Posted by richman > 2013-07-16 10:24 | Report Abuse

2nd attempt to take it private last time offer was lower and they valued the wrts at 1 cts.bloody crooks.

Posted by sharkirin > 2013-07-16 11:38 | Report Abuse

richman, how much was the last time offer?

Posted by sharkirin > 2013-07-16 13:44 | Report Abuse

ok I googled and found that the last offer was made in July 15, 2008 at offer price of RM0.50 per mother share and RM0.01 per warrant

Posted by Beginner1989 > 2013-07-16 14:50 | Report Abuse

Is anybody here. I still don't understand why wa would down since the mother up. There is explanation above, but I still can't catch it. It drops so much for wa and does it worth to buy in?

Posted by cck321 > 2013-07-16 14:51 | Report Abuse

Look at warrant conversion price...

Posted by cck321 > 2013-07-16 14:52 | Report Abuse

Unless mother shoots, then warrant will retrace..

Posted by iwan1991 > 2013-07-16 14:54 | Report Abuse

just escape from wa this morning.. at 115.. nearly bleeding nose..

Posted by Beginner1989 > 2013-07-16 14:55 | Report Abuse

cck321. where can i look for warrant conversion price? sorry i am really new

Posted by iwan1991 > 2013-07-16 14:57 | Report Abuse

just write zecon wa..then look at its profile..

Posted by iwan1991 > 2013-07-16 14:58 | Report Abuse

http://klse.i3investor.com/servlets/anpth/19349.jsp

Posted by cck321 > 2013-07-16 14:58 | Report Abuse

Thanks iwan for helping him.

Posted by Beginner1989 > 2013-07-16 15:00 | Report Abuse

Thanks to iwan and cck.. I will study it for a while. when it drop so low. my greediness came and felt want to go in.

Posted by iwan1991 > 2013-07-16 15:02 | Report Abuse

i loss abit.. cut loss already.. ^^ watch its mother movement..

Posted by cck321 > 2013-07-16 15:05 | Report Abuse

When prices drop drastically don't jump in. Do your homework. If not you will lose more than gain.

Posted by Beginner1989 > 2013-07-16 15:08 | Report Abuse

There are not much i could learn from the profile though. cck321. sure i will notice it in a few days to see it's movement first. cck321 did you hold zecon-wa?

Posted by cck321 > 2013-07-16 15:11 | Report Abuse

No. If not I will be crying.

Posted by sharkirin > 2013-07-16 15:21 | Report Abuse

warrant is down because the major shareholders are only offering 5 sen per share. more info http://www.theedgemalaysia.com/business-news/246026-zecon-warrant-holders-hit-in-privatisation-deal.html

Posted by sharkirin > 2013-07-16 15:29 | Report Abuse

based on the strike price of RM1.06 and a conversion ratio of 1 to 1, the warrant is trading at 89% premium to its price of 22 sen... (RM1.06 + RM0.22 = RM1.28 whereas the mother share is only RM0.74 today)

Posted by richman > 2013-07-16 15:40 | Report Abuse

if the deal fails the wrts got value or else 5cts

Posted by sharkirin > 2013-07-16 15:43 | Report Abuse

price now RM0.74, still got 6 sens to push.. personally I think their offer is fair...

Posted by Beginner1989 > 2013-07-16 15:53 | Report Abuse

I really don't understand. since the warrant is so undervalued. why would it priced so high before?

Posted by Beginner1989 > 2013-07-16 15:53 | Report Abuse

cck321. soon it would be a great opportunity to enter if it drops 5 sen!!

Posted by sharkirin > 2013-07-16 15:57 | Report Abuse

people usually play warrant with no intention of exercising it.. that's why you can see the price is more than the mother share... in zecon's case, the players went 'crazy buying' and drove the price to extreme high

Posted by cck321 > 2013-07-16 15:59 | Report Abuse

If it drops to 5sen and the deal aborted.

Posted by Beginner1989 > 2013-07-16 16:00 | Report Abuse

I just read the news.. they seem want to privatise the companies? So they would just pay 5 sen to any shareholders for the warrant?

Posted by Beginner1989 > 2013-07-16 16:00 | Report Abuse

and they won't wait the warrant mature on 2017?

Posted by richman > 2013-07-16 16:00 | Report Abuse

they are trying privatise bcos zecon got lot of projects in hand and also nta of 1.20cts.they just want to unlock the value by buying cheap annd later probably relisting it.bloody crooks

Posted by Beginner1989 > 2013-07-16 16:06 | Report Abuse

not really understand.. if they wanna privatise, i believezecon wa would gone right, and they would at least pay 5 sen to every shareholders? how about etitech that happened recently, they had been delisted. would they be relisted again anytime soon?

Posted by sharkirin > 2013-07-16 16:06 | Report Abuse

richman are u not happy with the privatisation offer? zecon's share is not liquid before the announcement, barely any movement. now lot of trading interest plus they are giving premium of 17% (based on closing price yesterday RM0.68). beats saving in FD anytime!

Posted by Beginner1989 > 2013-07-16 16:09 | Report Abuse

sharkirin. how about all those get burnt in zecon-wa.. 20 sen to 8 sen now.

Sharkirin, when they are privatise, would zecon still listed there? or when they delisted, they would pay 74 sen to shareholders?

Posted by sharkirin > 2013-07-16 16:12 | Report Abuse

beginner: if you bought zecon wa yesterday at 0.22 then the owner said he wants to buy at 0.05, would you cut loss as well? once the deal is on, there will be no exercise at all. you will only get 0.05 for every wa u own. that's 77% loss.. adoi

Posted by richman > 2013-07-16 16:15 | Report Abuse

those who bought wrt yesterday die hard should cut loss at in the morn at 11-12 cts.wrt holders are usually shortchanged

Posted by sharkirin > 2013-07-16 16:15 | Report Abuse

if the privatization goes thru, every shareholder will get RM0.80 for every zecon share they own. the counter will be gone from bursa.

Posted by Beginner1989 > 2013-07-16 16:16 | Report Abuse

i know sharkirin.. the previous shooting price to 20 sen were crazy. I am sorry for the people who bought it.. sharkirin, when would we know the deal?

Posted by Beginner1989 > 2013-07-16 16:16 | Report Abuse

if the deal is on, since they are going privatise, would zecon still listed?

Posted by richman > 2013-07-16 16:17 | Report Abuse

sharkin zecon to me is undervalued at 80cts they shud offer at least its par value or higher

Posted by richman > 2013-07-16 16:18 | Report Abuse

thank god i am not in it

Posted by Beginner1989 > 2013-07-16 16:20 | Report Abuse

today i experienced penny stocks are really volatile.. well a lesson for me.. the news change everything. wonder how those zecon-wa shareholders facing right now.

Posted by sharkirin > 2013-07-16 16:22 | Report Abuse

usually deal will take two months unless they want to extend the offer. to beginner if you want to know more about the deal, you can read news about ingress (extended but gain success), or misc (aborted because shareholders rejected). misc's price dropped heavily after deal fell thru

Posted by Beginner1989 > 2013-07-16 16:23 | Report Abuse

if the deal is on.. they are going to privatise, from my own understanding.. their shares zecon would be delisted.. so every shareholders would be given 80 sen per share. am i right? So it is great opportunity to go in zecon right =.=

Posted by sharkirin > 2013-07-16 16:25 | Report Abuse

it is a good opportunity IF it goes thru, remember some shareholders may not agree and reject it. study misc's case