Therefore, it is our expectation that there are about 100,000,000 - 200,000,000 new share would be created through RCN programme ( instead of 614,000,000 [ or 614 million ] ), which have already been voted appproved by most of the shareholders during previously EGM and AGM.
As mentioned before, If we are everyday worry and scare of the price from going down, then our sincere advice is that it is better for us to quit for share market investment,and look for other type of investment as share market investment is not suit for us, because we are dare to quaranty that share market for sure and always got up & down everyday one...
Dear SuperWisdom and all, please to update below information after our finding and calculation for sharing purposes:-
Please to inform that under maximum scenarior, the total number of Tiger share after all RCN programme should be about 1,649,339,860 ( instead of 1,360,524,374 units ), basing on the latest proposal.
The calculation are including the following respectively :-
115,249,165 Warrants B are fully exercised at RM0.68. The exercise price of Warrant B was fixed at RM0.17 on 18 November 2013 and was subsequently adjusted to RM0.68 due to share consolidation on 6 June 2018; and
48,412,493 Warrants C are fully exercised at RM0.32. The exercise price of Warrant C was fixed at RM0.08 on 31 December 2015 and was subsequently adjusted to RM0.32 due to share consolidation on 6 June 2018.
ESOS options = 143,893,679
Subject to the prevailing market conditions and timing of identification of the placee(s), the Proposed Private Placement may be implemented in one or more tranches. As such, there could potentially be several Price Fixing Dates depending on the number of tranches and the timing of implementation of the Proposed Private Placement.
Therefore, it is our expectation there are about 600,000,000 new share would be created through RCN programme ( instead of 200,000,000 [ or 200 million ] as mentioned before ), which have already been voted appproved by most of the shareholders during previously AGM.
Our estimation should be left over about 12% existing and old Tiger shareholders are still remained after the above mentioed RCN programme.
It is quite normal in share market investment as share market always need some more time to digest the RCN programme...
Harimau dah sakit tenat nak mati! Rugi banyak sebab bela binatang ni, makan tuan rupanya! Beli harga 0.34 (0.085 sebelum consolidation x4). Nak naik .10 pun susah. Patut gali lubang, tanam hidup-hidup je harimau ni!
miniminer, how do you calculate those numbers? In my random calculation, there is still a lot of shares left. Goh and Tan's total only less than 50% from 1.6 billions shares (plus forward RCN program). The left 800+ millions shares who will going to buy?
As at 14-1-19> Goh : 26.176%+Tan Family(Tan+wife+sister: all in one joint shares) :18.308%= 44.484%, regardless of RCN & sleeping partners. Still a lot of tickets outside.
miniminer, you dont calculate 18% *3 of Tan's family because Tan's family current total only about 18% (you just calculate direct + indirect of Tan shares and no need to times 3 after that). I agree with 507596689729039 calculation. Let me know if I wrong.
Tan's family 195,054,175 + Goh 257,280,500 = 452,334,675 out of 1,649,339,860. Tan's family + Goh = 27.42519513% out of 100% (plus forward RCN program). About 70% of shares left waiting for buyers. Let me know if I wrong.
miniminer, yes I agree with 507596689729039 about 44% (this calculation is before all RCN took place) but that number will become 27.4% only once all RCN program took place.
Funny . Tiger managements not trying hard to help at all. but got good heart person will push up tiger price for them. Tiger should be very lucky in Bursa Got people help tahan tiger let tiger become Malaysia real tiger again. King of jungle in Malaysia Let break 10 limit up to 30sen
In my opinion and my suggestion to Tiger Directors, Tiger really really need Institutional Investors to buy a lot of shares.
I suggest the board of directors will seek Institutional Investors to support the projects. If Tiger's directors only hoping Retail Investors, then it may take years to accumulate that 70% shares.
14-1-19 : Tan Wei Lian(H) 11.14+7.17=18.31;Sek Chian Nee(W) 7.07+11.24=18.31;Tan Lee Chin(S) 0.09+18.22=18.31. This is something like 3 names joint saving a/c, no matter who (1 of the 3) deposits/ buys, all the tree deposits will be increased accordingly. Correct me if I'm wrong.
11-1-19: Direct%+Indirect % : Tan lc11.14+6.97=18.11;Sekcn0.09+18.02=18.11;Tanwl11.14+6.97=18.11. All 3 persons same total=18.61. Any other ways of calculation ?
Goh=Tiger savoir; Politician = Rakyat savoir; Business man = National economic savoir; We shares buyers = Shares Market prosperity savoir: All not for money but for making pockets happy only.
Is Ok. Still buying if big guys no throw. Tiger will limit up sooner . If he suddenly jump ship then confirm all limit down. So price is very cheap Base on tiger give net profit with high nta now stil wait and see waging first. Day day high volume either hit jackpot or lost underwear only. Just buy tickets watch tiger show
no matter what price just buyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy any price just buyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy
Jan-2019 Insider DATO' TAN WEI LIAN (a substantial shareholder) acquired 5,000,000 shares on 22-Jan-2019. 24-Jan-2019 Insider MISS TAN LEE CHIN (a substantial shareholder) acquired 5,000,000 shares on 22-Jan-2019. 24-Jan-2019 Insider DATIN SEK CHIAN NEE (a substantial shareholder) acquired 5,000,000 shares on 22-Jan-2019. 24-Jan-2019 Insider DATO' TAN WEI LIAN (a company director) acquired 5,000,000 shares at 0.080 on 22-Jan-2019. 24-Jan-2019 Insider MISS TAN LEE CHIN (a company director) acquired 5,000,000 shares at 0.080 on 22-Jan-2019. 24-Jan-2019 Insider DATIN SEK CHIAN NEE (a company director) acquired 5,000,000 shares at 0.080 on 22-Jan-2019. 23-Jan-2019 Additional Listing Conversion of the principal amount of Redeemable Convertible Notes of RM3,000,000 to 30,000,000 new ordinary shares of Tiger Synergy Berhad - 30,000,000 shares at 0.100.
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....
10156622290863910
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Posted by 10156622290863910 > 2019-01-11 09:20 | Report Abuse
Therefore, it is our expectation that there are about 100,000,000 - 200,000,000 new share would be created through RCN programme ( instead of 614,000,000 [ or 614 million ] ), which have already been voted appproved by most of the shareholders during previously EGM and AGM.