Posted by Gen2 > 2019-06-10 21:04 | Report Abuse

@ cytew, isn’t the exercise price at RM0.80 ?

Posted by Kris Wong > 2019-06-11 09:25 | Report Abuse

Yes Yongtai-PA is still a bargain now at a prospective attractive conversion discount of around 30% !!!

Posted by Gen2 > 2019-06-11 10:43 | Report Abuse

cytew, we buy PA at 23 sens, add up to 103 sens, where is the advantage if we exercise it with 80 sens ?

Posted by Jiahui Foo > 2019-06-11 10:51 | Report Abuse

Dun worry, MCA Wee is top 5 biggest shareholders.........! :-)

Posted by Kris Wong > 2019-06-11 10:52 | Report Abuse

U don't need to pay anything when converting the PA to share on a 1 to 1 basis from 28 November 2019 onwards as 80 sen conversion price already fully paid as PA nominal value is also 80 sen !!!

Posted by Kris Wong > 2019-06-11 11:08 | Report Abuse

Please ensure u know the difference in this case between Yongtai-PA which is a fully paid preference shares which do not need any further payment for conversion and Yongtai-WA which required additional payment of 50 sen for conversion/subscription !!!

Posted by Gen2 > 2019-06-11 15:39 | Report Abuse

It means by end nov if mother down to 0.20 then conversion would incurred a loss

Posted by Jiahui Foo > 2019-06-11 15:57 | Report Abuse

Mother down to 20 sen, then PA might 9 or 10 sen, still sure win!

Posted by Jiahui Foo > 2019-06-11 16:04 | Report Abuse

According to last yr annual report, Wee Ka Keng owns 3.01% of PA.......approx 6400 + lots.

Posted by Kris Wong > 2019-06-11 16:26 | Report Abuse

IF ? What IF the mother shares instead go up from now by November ? Must be a genius to forecast whether the share price be up or down from now in more than 5 months !!! No such thing as a riskfree share market investment !!!

Posted by Jiahui Foo > 2019-06-11 16:37 | Report Abuse

Q4 ends at 30/6. Last yr got profit oso no dividend, this yr 3Q loss, really cool water now!

Posted by Stocks88 > 2019-06-19 19:28 | Report Abuse

Got good news......?

Posted by kelvin > 2019-06-20 09:48 | Report Abuse

lol, why want to buy ?????

Posted by Lol > 2019-06-20 18:55 | Report Abuse

is this the fact? why not all investors go to buy it since it consider cheap if u say the truth? any factors din count in ?

Posted by Jiahui Foo > 2019-06-21 12:26 | Report Abuse

Exciting nyonya shows not in yet......... Hahaha!!!

Posted by misterL > 2019-06-25 10:41 | Report Abuse

0.25 lor

Posted by kelvin > 2019-06-26 09:12 | Report Abuse

sometimes please use brain not ass to think

why investor rather go buy espensive stock like takaful instead yongtai ???

because you need look at value not price !!!

Posted by checkonetwo > 2019-06-27 18:42 | Report Abuse

sorry newbie to ask..how to buy -pa warrant? tq

Posted by Kris Wong > 2019-06-28 10:03 | Report Abuse

Same procedure as buying YTB ordinary shares as its PA is also listed in Bursa !!! BTW, YTB-PA is not a warrant ( warrant is not even ordinary share as yet) as it is a convertible preference share which is rank higher than ordinary share in term of safety and priority !!!

Posted by richardcslim > 2019-07-03 21:26 | Report Abuse

https://www.klsescreener.com/v2/news/view/548926

Posted by sensonic > 2019-07-03 21:30 | Report Abuse

Yong Tai terminates agreement to jointly develop land in Malacca

Posted by richardcslim > 2019-07-03 21:32 | Report Abuse

Yes, tomorrow red.

Posted by Jiahui Foo > 2019-07-04 16:43 | Report Abuse

No water lor.......

Posted by 685016788 > 2019-07-09 09:56 | Report Abuse

The circular for the biggest share-diluting corporate exercise in mankind history is out. I was a huge fan of the potential of Encore Melaka, now it's the biggest mistake I've ever made in my uneventful investment life. I wonder who the heck would approve such a nonsensical proposal.

Posted by Jiahui Foo > 2019-07-09 11:40 | Report Abuse

Mentioned long2 ago, dilute + later right issue. Rewards for ikan bilis !!!!

Posted by Jimes Low > 2019-07-10 17:21 | Report Abuse

PBB target price 0.38, typo?

Posted by Jiahui Foo > 2019-07-11 07:02 | Report Abuse

After EGM, then c lah..........

Posted by abc987654321 > 2019-07-11 10:58 | Report Abuse

have some faith.. at least the encore theater is one of a kind in Malaysia. hopefully they can turn around the ticket sales for it la.

Posted by abc987654321 > 2019-07-11 10:58 | Report Abuse

and also speed up their development in Melaka.

Posted by Kris Wong > 2019-07-11 15:52 | Report Abuse

Although the PP is dilutive but in longer term, it should improve the financial health of the company !!!

Posted by 685016788 > 2019-07-11 16:27 | Report Abuse

Do you guys realise that the dilution is 45%? It means the worth of your share will decrease by 45%. It means initially if you are getting RM1 dividend, you will be getting RM0.55 soon. The company needs to almost double the company's value to "recover" the worth for the diluted shareholders.

Remember last time when the company was guiding a RM50-60m annual earnings from Encore? Even they they can turn it around and achieve that gung-ho earnings, existing shareholders' entitlement for that earnings will fall from RM50-60m to RM28-33m. At the existing share price of RM0.315, the market value of Yong Tai will be RM373m (based on the enlarged shares of 1,183m), roughly 12 times P/E for aggressive case, you guys do the math.

Posted by Kris Wong > 2019-07-11 17:38 | Report Abuse

As for any listed company facing funding issues for working capital purposes or expansion purposes, it needs funding whether by PP or rights issue if banks are not willing to give further loans. All these PP or rights issue are dilutive in nature but it may be a necessary evil for longer term survival or future growth of the company. Therefore it is important to know the objectives and purposes of the PP or rights issue whether it is for productive purposes or not before deciding whether it is good or not for the company and shareholders especially on a longer term basis !!! The PP circular should explain why the PP is needed in this case !!!

Posted by Yusuf Isa > 2019-07-11 18:22 | Report Abuse

So.. this is good or not to Yongtai? Price will fall or not?

Posted by Jiahui Foo > 2019-07-11 21:36 | Report Abuse

Unless the nyonya shows is being replaced by ladyboys shows, or else the firm will be closed shop very soon. The attendance of audiences in Encore is ridiculous low!.No income how to survive!
After dilution, right issue is on the way.

Posted by Jiahui Foo > 2019-07-11 21:43 | Report Abuse

Oh my frens, now out there rotating goreng of stocks, u all still want to stay here to see the 31.5/32.0 everyday?

Posted by Robinson > 2019-07-18 15:14 | Report Abuse

should break 52 weeks low of 0.3 anytime from now. tp 0.1

Posted by TYS_Capital > 2019-07-25 19:41 | Report Abuse

gg.com, end game episode.

Posted by ThegreedZ > 2019-07-25 20:30 | Report Abuse

PN17...On Going...

Posted by Jiahui Foo > 2019-07-26 09:55 | Report Abuse

@TYS. Take over YTB lah...........

Posted by Jiahui Foo > 2019-07-26 10:28 | Report Abuse

没有最低，只有更低！

Posted by kelvin > 2019-07-26 16:33 | Report Abuse

lol ... turn into porn show better lar hahahaha

Posted by Jiahui Foo > 2019-07-26 16:40 | Report Abuse

Tiger.....tigers, we love u........!

Posted by Robinson > 2019-07-26 18:35 | Report Abuse

heading to 0.2

Posted by kelvin > 2019-07-26 20:59 | Report Abuse

Jiahui Foo @TYS. Take over YTB lah...........
-------------------
no boss will take over a money losing company ...

what he will do next ???

lol

right issue lor ... haha

Posted by Jiahui Foo > 2019-07-26 21:46 | Report Abuse

Now is PP, but for me is like 2 become 1.
Can't understand how ppl doing business like this, keep losing in theatre, before 2020 Travel Malaysia Year oso broke oledi !!!
Max tp 10 sen.

Posted by Robinson > 2019-07-27 11:58 | Report Abuse

normally people only privatise money profit company so can eat the profit alone. if privatise money losing company means gonna eat the loss alone. who so stupid will do this?

Posted by Jiahui Foo > 2019-07-27 14:43 | Report Abuse

MCA loh........next time change govt, sure become dragon one !

Posted by Jiahui Foo > 2019-07-27 14:46 | Report Abuse

If the Encore can generate some profit as planned, YTB won't lend money eat rice oledi. Tiger shows, pls !!!

Posted by abcb > 2019-07-28 10:59 | Report Abuse

Going to be PN17 soon

Posted by abcb > 2019-07-28 22:02 | Report Abuse

After LONBISC (7126), the next PN17 will belong to YONG TAI