PERMAJU INDUSTRIES BHD

KLSE (MYR): PERMAJU (7080)

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Last Price

0.04

Today's Change

-0.005 (11.11%)

Day's Change

0.035 - 0.04

Trading Volume

70,400


8 people like this.

7,145 comment(s). Last comment by koyokui 1 week ago

JediMaster

380 posts

Posted by JediMaster > 2020-06-27 09:22 | Report Abuse

Monday rebound...cannot be going down

mushroom

664 posts

Posted by mushroom > 2020-06-27 09:23 | Report Abuse

below 0.23 can buy

henry888

2,247 posts

Posted by henry888 > 2020-06-27 09:27 | Report Abuse

margin of gain far less than loss. Buying on small margin of rebound. danger, not worth...

Posted by bombombominvest > 2020-06-27 09:35 |

Post removed.Why?

JediMaster

380 posts

Posted by JediMaster > 2020-06-27 09:53 | Report Abuse

You should do the calculation for the ICPS rights issue to guide your decision...

JediMaster

380 posts

Posted by JediMaster > 2020-06-27 10:07 | Report Abuse

Many people who bought at higher price trapped because of the rights issue...there is no easy money

JediMaster

380 posts

Posted by JediMaster > 2020-06-27 10:20 | Report Abuse

This Rights issue is bad news to those who bought the shares at higher price

Posted by Silentreader88 > 2020-06-27 11:00 | Report Abuse

I hope nobody will trade this counter any longer. those holding please cut loss and reset up your portfolio. let CREDIT SUISSE alone trade her counter. Im pretty sure this company substantial holders are the most evil invester , playing so dirty.

mf

29,216 posts

Posted by mf > 2020-06-27 11:03 |

Post removed.Why?

yeochingu

1,907 posts

Posted by yeochingu > 2020-06-27 16:18 | Report Abuse

how does the ICPS works?

lets say bought in 200,000 shares, entitle 1,000,0000x0.05 = RM50k (pay rm50k to buy the ICPS?)
so total you got how many shares on hand?
1,200,000 ?
1 free warrant for every 2 existing ordinary shares
means get Extra Free 100,000 warrant?

yeochingu

1,907 posts

Posted by yeochingu > 2020-06-27 16:19 | Report Abuse

walan weh... for those who bought at 70sen crying until no sound and tear

JediMaster

380 posts

Posted by JediMaster > 2020-06-27 17:20 | Report Abuse

5 ICPS can exchange to 1 ordinary share

yeochingu

1,907 posts

Posted by yeochingu > 2020-06-27 17:28 | Report Abuse

means
200k ordinary shares, convert your 1m ICPS to 200k shares
total 400k shares, you got 100k Free Warrant
right..

JediMaster

380 posts

Posted by JediMaster > 2020-06-27 18:35 | Report Abuse

Yes

Posted by TillyLovers > 2020-06-27 21:15 | Report Abuse

Hi,what is the probability that this account rises to 30 cents within one month? Thanks.

cicakman

7,832 posts

Posted by cicakman > 2020-06-27 22:41 | Report Abuse

Permaju is not the only counters on BURSA.
There are 52 cards,You have No.2 in hand,to get another three 2's ,the probability is very very slim if there are more playere.

cicakman

7,832 posts

Posted by cicakman > 2020-06-27 22:43 | Report Abuse

A ten consecutives days down are not good indicator.

angelo

414 posts

Posted by angelo > 2020-06-28 00:24 | Report Abuse

yeochingu If you have 200 lots you are entitled to purchase 1,000 lots of ICPS at 0.05 each. Say you pay 50k to take up all the 1,000 lots ICPS, then you get 100 lots free warrant. Now you have:
1. 200 lots of mother share
2. 1,000 lots of ICPS
3. 100 lots of warrant

TokAbah

1,205 posts

Posted by TokAbah > 2020-06-28 00:26 | Report Abuse

This stock will bring you to Holland. Only, half retarded person will buy Permaju.
P/s : if Cindycat read this, I believe next week they will push bck above 30sen at least. Lol

angelo

414 posts

Posted by angelo > 2020-06-28 00:27 | Report Abuse

JediMaster Who say 5 ICPS can be converted into 1 mother share?

angelo

414 posts

Posted by angelo > 2020-06-28 00:32 | Report Abuse

yeochingu means
200k ordinary shares, convert your 1m ICPS to 200k shares
total 400k shares, you got 100k Free Warrant
right..

WRONG BECAUSE THE CONVERSION RATIO HASN'T BEEN DETERMINED.

JediMaster

380 posts

Posted by JediMaster > 2020-06-28 08:11 | Report Abuse

Conversion ratio been determined long time ago...now, implementation for the rights issue. Ex-date in 2 weeks time

JediMaster

380 posts

Posted by JediMaster > 2020-06-28 08:13 | Report Abuse

Please read the company announcements..conversion ratio must be set early so that shareholders can decide early if want to subscribe or not

CUTLOST

5,178 posts

Posted by CUTLOST > 2020-06-28 08:26 | Report Abuse

Corporate exercise soon. Next Impiana in the making

angelo

414 posts

Posted by angelo > 2020-06-28 08:59 | Report Abuse

JediMaster You are right. 5 ICPS into 1 mother share. Only conversion price for warrant not yet determined. I apologise for my mistake.

JediMaster

380 posts

Posted by JediMaster > 2020-06-28 09:02 | Report Abuse

No problem angelo

yeochingu

1,907 posts

Posted by yeochingu > 2020-06-28 09:40 | Report Abuse

5 times at 0.05
Sounds worth at this price

JediMaster

380 posts

Posted by JediMaster > 2020-06-28 09:46 | Report Abuse

If share price go lower than 25 cents, less people will want to subscibe the rights issue....but maybe they trying to lower it for some reasons

Posted by Win Trader > 2020-06-28 11:45 | Report Abuse

The Ratio 10:2 is for the right issue. You hold existing 2 mother share , you can get 10 right + 1 warrant. The trading on Right will be start on 15/7 ( normally trade for 5 days) , if you dont want subscribe the mother share u can dispose the right in trading day . The subscribe price of mother share i think will be announce later before the trading day of the Right.

Correct me if im wrong .

Posted by Win Trader > 2020-06-28 12:25 | Report Abuse

For those who dont own the Right , they can buy it when the Right start trading on 15/7 and subscribe the mother share if worth it

yeochingu

1,907 posts

Posted by yeochingu > 2020-06-28 14:56 | Report Abuse

Very confused
anyone is confident with how this Right Issue works?
I think need sifu to open live and explain

Posted by Win Trader > 2020-06-28 15:20 | Report Abuse

Ya, my explanation is based on my experience last time when i convert Gamuda right issue to the Gamuda mother share

mf

29,216 posts

Posted by mf > 2020-06-28 15:32 |

Post removed.Why?

jk20598

213 posts

Posted by jk20598 > 2020-06-28 16:39 | Report Abuse

Say mother share price=0.25,12y=2x0.25+10x0.05=1.00,ex price y=0.085.If mother price drop to 0.20,y=0.075,both not far from 0.05,so not attractive to subscribe, worst if it drops futher.If mother price=0.35,then ex price y=0.10,2 times the Right price 0.05,then the offer is ok.So,to make the exercise attractive,the mother price should be around o.35 n of course,the higher the better.The co. needs to jaga the share price n not let it be monkey around.

Posted by Jen Ern Tan > 2020-06-28 17:37 | Report Abuse

So what will be the mother share price on 15th July?

yeochingu

1,907 posts

Posted by yeochingu > 2020-06-28 17:38 | Report Abuse

then I will assume if they are washing down, and big accumulate, later will push up to 0.35 and above?

Watch the show first...if drop further will definately join boat..
kiki

Posted by TillyLovers > 2020-06-28 23:26 | Report Abuse

Will the counter limit down tomorrow?

jk20598

213 posts

Posted by jk20598 > 2020-06-29 00:05 | Report Abuse

I doubt it will go down much further,because at last Friday closing 0.255,it was new low vs last previous lowest at 0.265.It simply means these people are already selling at a loss.The parties with cost lower than 0.255 are the major shareholders n not likely They now sell to disturb the corporate excercise.Last FRIDAY sell down was because it was T1/T2 on previous 1/2 day tradings that many bought at 0.265,0.270,0.275,0.280 vs day high 0.315, huge 5 sen gain for contra kaki.

AlfI3

1,289 posts

Posted by AlfI3 > 2020-06-29 07:34 | Report Abuse

Too many passimitive views to b heard lately

amimy06

1 posts

Posted by amimy06 > 2020-06-29 07:46 | Report Abuse

Can go down until when?

jk20598

213 posts

Posted by jk20598 > 2020-06-29 07:59 | Report Abuse

My fear is it was bank margin call forced selling.If really, price can go to 0.20 or lower.I guess,when completed,just as soon,the price should come back to around 0.30, before 15/7 for the RI.Last Friday,I saw strong buying efforts to stop the slide.Just my 2s opinion to share n good luck.

SlayerZ

108 posts

Posted by SlayerZ > 2020-06-29 08:59 | Report Abuse

Can anyone here share what's the fair value for this counter now? Looking at their current FA and Financials.

zacklee95

232 posts

Posted by zacklee95 > 2020-06-29 09:09 | Report Abuse

Previous data showed a huge drop with a rebound using monthly time-frame. Next month rally.

Jayjay123

633 posts

Posted by Jayjay123 > 2020-06-29 09:15 | Report Abuse

Just dump it straight away la, so slow

jk20598

213 posts

Posted by jk20598 > 2020-06-29 09:34 | Report Abuse

permaju NTA=0.68,share price=0.255,expensive?presbhd NTA=0.20,share price=0.48,expensive?like permaju,also has been losing money!

CharlesT

14,959 posts

Posted by CharlesT > 2020-06-29 09:47 | Report Abuse

play so big ah...

have to sapu all PA by himself...likely undersubccribed

CharlesT

14,959 posts

Posted by CharlesT > 2020-06-29 09:48 | Report Abuse

alternately may goreng after ex to lure waterfish to subscribe PA

lets c

Posted by Silentreader88 > 2020-06-29 09:57 | Report Abuse

evil nanny suisse has not woken up yet. wait 1030 she will shoot up the price to the max and throw bomb to bilis. bomb! haha. please avoid this rubbish counter guys

Jayjay123

633 posts

Posted by Jayjay123 > 2020-06-29 10:07 | Report Abuse

Operator gonna suppress and collect It till just before The ex date, then sfter thst goreng it for sure

CharlesT

14,959 posts

Posted by CharlesT > 2020-06-29 10:24 | Report Abuse

if nobody subscribes the PA then boss have to eat all...then higher chances to goreng after listing of PA...

For example, Ageson PA n novemsc PA lately

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