Posted by Kris Wong > 2020-09-04 12:23 | Report Abuse

bought some PA for conversion, will know result in about 2 weeks time, no risk no gain !!!

Posted by messi > 2020-09-04 12:35 | Report Abuse

kuanyap no need form , just email to your security firm will do
04/09/2020 11:07 AM

How you apply? Can tell more ?

Posted by simple091 > 2020-09-04 15:49 | Report Abuse

Dont know who holds such huge volume and keeps selling the PA at 0.70. Is there really a free lunch in Bursa?

Posted by menort > 2020-09-04 16:25 | Report Abuse

The most con counter. Dont fall into the trap.

Posted by Kee Koon Ng > 2020-09-04 17:27 | Report Abuse

Con counter , Better don't buy. I will buy more.

Posted by OngLai88 > 2020-09-04 17:41 | Report Abuse

Simple 091, conversion cost is 20sen and have to wait 8 market days to get the mother shares. It involves capital and time. Original holders already making 40%. Why want to risk 20sen to make extra 20%. Calculated risk lah

Posted by stockjobber > 2020-09-04 17:48 | Report Abuse

Kee Koon Ng, why you say con counter and yet you will buy more ? Hahaha

Posted by GemenchehLawyer > 2020-09-04 19:35 | Report Abuse

PA 0.07 today volume 109, 680, 500 but never up single cents?

Posted by vickvick > 2020-09-04 19:42 | Report Abuse

Today all counters overall no volume coz last nite Dow was down 800 pts n its friday today..

Monday will see the actual demand..

Posted by Oiichai > 2020-09-04 21:43 | Report Abuse

Already got 1.2m units PA, test the convert process, maybank told have to wait T3 then can process and take 1-2 weeks....update you guy see if really 2 good 2 b 2 hehe

Posted by Oiichai > 2020-09-04 21:58 | Report Abuse

The price will go down very soon as more and more PA convert to share to take the big discount and the Issue Size: 1,381,288,215 PA is about 6.5X of NOSH:215,000,000

Posted by jimmy84 > 2020-09-04 22:36 | Report Abuse

If more PA converted, meaning more people will go for PA and PA will price will go up?

Posted by mancingbursa > 2020-09-05 02:25 | Report Abuse

can buy now?

Posted by vickvick > 2020-09-05 12:48 | Report Abuse

Will buy more Mother Share..Seems like its going back to its original price of around 80 to 90 Sen (Before it dropped in June 2020)..Or at least close to..it will be good enuff!!.Fingers Crossed.. Or else, next time la..Huhu..

Good Luck!!

Posted by mancingbursa > 2020-09-05 12:49 | Report Abuse

ok monday i buy some

Posted by vickvick > 2020-09-05 12:58 | Report Abuse

But to monitor at closed range before buying, ensure at safe price,..Hihi..


Trade at your own Risk..

Good Luck!

Posted by vickvick > 2020-09-05 14:18 | Report Abuse

Hope so too.. Huhu..

Posted by FutureGains > 2020-09-06 14:40 | Report Abuse

the PA just listed. its common BIG Shareholder need convert to mother and sell...sure win...They need to take 1 month to convert and sell

Posted by Al Chapo > 2020-09-06 14:51 | Report Abuse

Arbitrage opportunity on both PA and Warrant. An example on warrant- Mother 45, warrant price 15 + exercise price of 25 = 40. Theoretically, a gain of 5.

Posted by DreamGladiator > 2020-09-06 14:52 | Report Abuse

waah

Posted by DreamGladiator > 2020-09-06 14:52 | Report Abuse

up 4.76%

Posted by DreamGladiator > 2020-09-06 14:52 | Report Abuse

okay also la

Posted by DreamGladiator > 2020-09-06 14:52 | Report Abuse

boleh juga la

Posted by DreamGladiator > 2020-09-06 14:53 | Report Abuse

klu 10 kali up 4.76% jd 47.6% juga

Posted by DreamGladiator > 2020-09-06 14:53 | Report Abuse

okay already la

Posted by DreamGladiator > 2020-09-06 14:54 | Report Abuse

good

Posted by DreamGladiator > 2020-09-06 14:54 | Report Abuse

well done

Posted by Gordon Gecko > 2020-09-06 18:58 | Report Abuse

aiyooo susah mau fikir kah.. you ingat boleh rugi ka beli PA when in the money... adoiii lahh you all

Posted by SALAM > 2020-09-06 21:50 | Report Abuse

Kalau ibu turun balik , macammana???

Posted by Pokok9988 > 2020-09-06 23:42 | Report Abuse

All group are you ready ....this...monday

Posted by simple091 > 2020-09-07 01:05 | Report Abuse

OngLai88, i can ensure how future going. But you just need one pa (0.07) plus 0.2 for convert to mother share, which mean 0.27 to 0.44 is 60% earn. Of course, high risk high return.

Posted by AK2899 > 2020-09-07 02:38 | Report Abuse

Mother Flying 0.50 so PA will be 0.08-0.10 ....all up up up

Posted by Al Chapo > 2020-09-07 09:48 | Report Abuse

The warrant is also not a bad option.

Posted by Al Chapo > 2020-09-07 09:49 | Report Abuse

It offers better liquidity (warrant) than PA

Posted by kuanyap > 2020-09-07 10:06 | Report Abuse

as long as pa no up, mother uptrend wont sustain one, same like gpacket last time,sudden fall like hell !!!

Posted by Superb99 > 2020-09-07 10:33 | Report Abuse

Today not enough momentum

Posted by kuanyap > 2020-09-07 10:34 | Report Abuse

wait to collect more pa at 0.065 better, then convert into mother share

Posted by NeverLossAgain > 2020-09-07 11:11 | Report Abuse

Profile for Securities of PLC
Instrument Category : Securities of PLC
Instrument Type : Preference Shares
Description : NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN PERMAJU
INDUSTRIES BERHAD ("PERMAJU") ("ICPS") ISSUED PURSUANT TO THE
FOLLOWING:-(I) RENOUNCEABLE RIGHTS ISSUE OF UP TO 936,309,855 NEW ICPS AT AN
ISSUE PRICE OF RM0.05 PER ICPS TOGETHER WITH UP TO 93,630,985 FREE DETACHABLE
WARRANTS IN PERMAJU ("WARRANTS") ON THE BASIS OF 10 ICPS TOGETHER WITH 1 FREE
WARRANT FOR EVERY 2 EXISTING ORDINARY SHARES IN PERMAJU HELD BY THE ENTITLED
SHAREHOLDERS OF PERMAJU AT 5.00 P.M. ON 14 JULY 2020 ("ENTITLED SHAREHOLDERS");
AND(II) SETTLEMENT OF DEBT OWING BY PERMAJU TO TAN SRI DATUK CHAI KIN KONG AND
DATO' CHUA TIONG MOON IN THE AGGREGATE SUM OF RM22,248,918 TO BE FULLY
SATISFIED VIA THE ISSUANCE OF 444,978,360 NEW ICPS AT AN ISSUE PRICE OF RM0.05
PER ICPS TO DATO' CHUA TIONG MOON AND CHAI WOON YUN.
Initial Listing Information :
Listing Date : 21/08/2020
Issue Date : 14/08/2020
Issue / Ask Price : Malaysian Ringgit (MYR) 0.0500
Issue Size in Unit : 1,381,288,215.0000
Maturity Date : 13/08/2030
Revised Maturity Date :
Name of Guarantor:
Name of Trustee:
Coupon/Profit/Interest/Payment Rate:
Coupon/Profit/Interest/Payment Frequency:
Redemption:
Exercise/Conversion Period : 10.00 Year(s)
Revised Exercise/Conversion Period : 0.00
Exercise/ Strike/ Conversion Price : Malaysian Ringgit (MYR) 0.2500
Revised Exercise/ Strike/ Conversion Price : Malaysian Ringgit (MYR) 0.0000
Exercise/ Conversion Ratio : 5:1
Revised Exercise/ Conversion Ratio :
Mode of Satisfaction of Exercise/Conversion Price : Tendering of securities
Settlement Type/ Convertible into : Physical (Shares)
Remarks : The ICPS may be converted into new fully-paid ordinary shares in
Permaju ("Permaju Shares" or "Shares") at the conversion price of RM0.25
("Conversion Price") in the following manner:-(i) by surrendering for
cancellation the ICPS with an aggregate issue price of the ICPS equivalent to
the Conversion Price, subject to a minimum of 1 ICPS and a maximum of 5 ICPS
for every 1 new Share; and(ii) by paying the difference between the aggregate
issue price of ICPS surrendered and the Conversion Price, if any, in cash, for
every 1 new Share.Premised on the terms of the ICPS, subject to adjustments,
the ICPS can be converted into new Shares on any market day commencing on and
including the issue date of the ICPS up to and including the maturity date of
the ICPS. Any remaining ICPS that are not converted by the maturity date shall
be mandatorily converted into new Shares at the conversion ratio of 5 ICPS for
every 1 new Permaju Share.If the conversion results in a fractional entitlement
to Permaju Shares, such fractional entitlement shall be disregarded and no
refund or credit, whether in the form of the ICPS, cash or otherwise, shall be
given in respect of the disregarded fractional entitlement.If the maturity date
of the ICPS falls on a non-market day, then it will fall on the preceding
market day.This announcement is dated 19 August 2020.
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

Posted by FutureGains > 2020-09-07 12:37 | Report Abuse

if u have 1PA(0.05). u only pay 20c.to sum up total Rm0.25 to get 1 MOTHER

Posted by FutureGains > 2020-09-07 12:38 | Report Abuse

Banker will need to convert some PA within a month to . So u can ride on this.

Posted by Al Chapo > 2020-09-07 13:44 | Report Abuse

RM0.80 is the next resistance?

Posted by Squirtle > 2020-09-07 16:29 | Report Abuse

Issit Xox n Permaju is same ppl play

Posted by kuanyap > 2020-09-07 18:46 | Report Abuse

As long as warrant n pa no go up, push mother share just a drama to unload pa share, last time gpacket a lot ppl burn hand, better look for other counter!!!

Posted by FutureGains > 2020-09-07 18:57 | Report Abuse

Remember Banker need dispose most of the PA by converting to mother share...Same case AGES

Posted by nklye > 2020-09-08 03:13 | Report Abuse

FutureGains, then which mode the banker will use in the conversion, 1 PA + 20 sen for 1 mother share OR 5 PA for 1 mother share? Is that the reason the price of PA was pressed by the banker from moving up in tandem to the mother share?

Posted by Mr Tralala > 2020-09-08 09:11 | Report Abuse

shit i cut loss at 0.400

Posted by Mr Tralala > 2020-09-08 09:25 | Report Abuse

lanjiao con counter, i always cut at lowest buy at highest, majibai!

Posted by Superb99 > 2020-09-08 09:39 | Report Abuse

I think it is under healthy adj

Posted by Squirtle > 2020-09-08 09:41 | Report Abuse

Permaju hamsap kaunter
Muahaha

Posted by Kris Wong > 2020-09-08 10:07 | Report Abuse

bought some more PA @6.5 sen, likely to convert or for trading purposes depending on mother share movement next few days !!!