to be fair for the management, you hold so much warrants and you are forced to exercise it - you don't have so much money in the pocket... what can you do? exercise and sell right? simple!
50 sen cash per share and 64 sen NAV~~AFTER the 30 sen dividend~~all seems to be too good to be true~~i just worry there are some hidden agenda that was not publicly announced~~
now that all depends to the actions of the management, whether they will suck up the money or they will really do something with it~~
i just based on Cliff's link~~ 50 sen is the cash only....64 sen should be its real value...which means the TP should be at least 60 sen for the share~~
but the problem is...the company's turnover plan is not out yet~~
There could be some mistake....there are abt 41.48millions of WA being converted into mother share....thus there will be additional RM12.44 (Rm0.30 X 41.48M shares) added into their cash buffer...After all these, their cash shall be ard RM96million or abt RM0.684 (total 140.48 million shares) per share...
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
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 3150 views | 3 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....
xingxian
78 posts
Posted by xingxian > 2015-01-21 14:32 | Report Abuse
to be fair for the management, you hold so much warrants and you are forced to exercise it - you don't have so much money in the pocket... what can you do? exercise and sell right? simple!