wow very rubbish counter. still have buyer? anyway condolences to those who sangkut at any pick. stay strong ok. I had never seen chart as rubbish as this company
This reflect the icps price, you buy 26 to 26.5 will not lose money. you will make a small profit from warrant !!! that will b 3 weeks later ................
Permaju Industries doing business in all sectors.... Automobile, Developer, Plantation. On April I heard they are doing sanitizer? - Penaclo. On May they do Airforlife. On June doing Permaju Gloves. Now are they doing con business to trap ikan bilis? :p
Something is not right. Massive amount of ikan bilis army buying. Are the operators trying to press the price down so that they can get discounted rights after the ex-date? 0.270 is a good price considering the valuation after the exdate. They will get both at a cheap price and later on push the price higher. Cunning..
Need to do alot of Maths here, they are selling RM0.05 per rights ICPS and will get Free Warrant for 2 Existing shares. Could be they need it to settle their debt or some kind of big expansion.
RENOUNCEABLE RIGHTS ISSUE OF UP TO 936,309,855 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN PERMAJU INDUSTRIES BERHAD ("PERMAJU" OR THE "COMPANY") ("ICPS") ("RIGHTS ICPS") AT AN ISSUE PRICE OF RM0.05 PER RIGHTS ICPS TOGETHER WITH UP TO 93,630,985 FREE DETACHABLE WARRANTS IN PERMAJU ("WARRANTS") ON THE BASIS OF 10 RIGHTS ICPS TOGETHER WITH 1 FREE WARRANT FOR EVERY 2 EXISTING ORDINARY SHARES IN PERMAJU ("PERMAJU SHARES" OR "SHARES") HELD BY THE ENTITLED SHAREHOLDERS OF PERMAJU AT 5.00 P.M. ON 14 JULY 2020 ("RIGHTS ISSUE OF ICPS WITH WARRANTS")
Cant do much , sharks stomach v full today. Let them play la . Eventually will come back , jus a matter of time . This company alrd 18 years old not jus any junk company. Their top shareholders are owners of a few PLC
biggest scam actually, delay right issue many times until government announced good news automotive sector, then trapped all retailers with right issue + bad quarter result~
The Group has four reportable segments, namely automotive, timber, property development and others which involved in Group-level corporate services, treasury functions and investments in marketable securities, which are the Group’s strategic business units. The strategic business units offer different products and services, and are managed separately.
They are involved in investment in Marketable securities!! LOLz. Much like frying retail investors under their own counter. Let them play with themselves. Stay away for from this counter awhile.
i hope all newbies PLEASE STAY AWAY from this RUBBISH counter. No matter how million units you buy wont push price up, instead they will further push price down to cover their loss.. ! Let them play themselves
hihi, does that mean the counter will not rise back to 40cents anymore? and it won't rise above 25.5cents anymore and continues dropping until delisted?
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ZStrader
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Posted by ZStrader > 2020-06-26 15:17 | Report Abuse
support broke ... good luck