Thanks Snorlax Lee for the article from China Press reinforcing coming QR will be better than FY 2015 results. Furthermore, we are looking forward to FY2017 financial results that will likely even better than FY2016 as expressed by Director predicting RM 70 millions pretax profits for 2017. Those who can understand Chinese language, pleade read it. Thank you.
Just Image, if the Board of Directors who knows everything especially sales, demand, profitability,cost can project good income for 2016/7! Are you not prepared for it?
Thank you YiStock. Your information is always up-to-date. We have confidence in your projection. May I ask what is the likely profit for the coming 4th quarter result for TGuan? Do you think RM9 Millions before tax possible? What about capital restricting for TGuan? Is there any possibility for bonus share issued or par value being split into 50 cent from RM1? Your comments are really appreciated. Thank you.
All corporate exercise are possible, but just need to take into the consideration of warrant and loan stocks. For warrant, exercise price and volume of warrants will be adjusted. For loan stocks, only the conversion factor will be revised. In Tguan's case, let's say the bonus issue 1 for 1, the warrant exercise price will revise to RM0.75 per warrant and warrant quantity will double up. And for the loan stock, existing conversion is 1 for 1. After the bonus issue would become 1 loan stock for 2 shares. Furthermore, number of shares will increase from 183mil (105 + 52 + 26) to 376mil.
i think info is not wrong, but interpretation is different. For me, the price is more like fluctuation, rather than starting / ending of a bullish cycle.
Thanks YiStock, we do not know when Tguan fixed the price with customers. So, each of everyone just speculate on the raw material price. As we can see the price chart is quite spiky moving upward.
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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....
leelc99
871 posts
Posted by leelc99 > 2017-01-17 10:48 | Report Abuse
Bought in Tguan-WA today. Holding for upcoming Q