Posted by Good123 > 2020-11-13 09:36 | Report Abuse

permaju PA kurangkan capital Kamu Dan juga Ada kesan pengganda 5X

Posted by Good123 > 2020-11-13 09:37 | Report Abuse

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.

Posted by Good123 > 2020-11-13 09:38 | Report Abuse

permaju PA lebih bagus daripada permaju ordinary share :) ia Ada kesan pengganda

Posted by Godofgambler > 2020-11-13 09:39 | Report Abuse

Permaju going back to old glory day Tp0.80?

Posted by newbie9893 > 2020-11-13 09:41 | Report Abuse

we will start to goreng up permaju kaw kaw today...believe me

Posted by Good123 > 2020-11-13 09:41 | Report Abuse

20sen untuk permaju PA at 4sen, Ada kesan pengganda 5X

Posted by Good123 > 2020-11-13 09:42 | Report Abuse

permaju glove SDN BHD Dah set up , tanah Dah dibeli Di NS Kan?

Posted by Good123 > 2020-11-13 09:42 | Report Abuse

lagi banget daripada AT kot? sabar je

Posted by Good123 > 2020-11-13 09:47 | Report Abuse

jangan bimbang Eddie chai Akan tolong bapak dia kot

Posted by Good123 > 2020-11-13 09:48 | Report Abuse

permaju PA tak banyak lagi :)

Posted by Goldencoins > 2020-11-13 09:49 | Report Abuse

permaju only 502 mil shares easy to goreng, AT 3.252 B can go up above 20 cts. Permaju should be 6 x 20 = RM 1.20 ..

Posted by Good123 > 2020-11-13 09:49 | Report Abuse

permaju PA tinggal 1mil units ~ RM,40k, laris banget

Posted by Good123 > 2020-11-13 09:58 | Report Abuse

bapak Eddie chai punya syarikat.. yakin tak :)

Posted by Good123 > 2020-11-13 09:59 | Report Abuse

anzo 1 Sen kini 10sen , oversea is 10sen kini 60sen , permaju baru bermula Kan?

Posted by Good123 > 2020-11-13 10:00 | Report Abuse

permaju PA ~4mil shares traded :)

Posted by Good123 > 2020-11-13 10:01 | Report Abuse

7080PA PERMAJU-PA PERMAJU INDUSTRIES BERHAD - ICPS 2020/20
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

Posted by Victor Yong > 2020-11-13 10:08 | Report Abuse

Terindah. Maybank research pun buat coverage untuk permaju :)

Setujulah, permaju PA , kesan pengganda 5x, tak Payah commit banyak modal. Lagi pun Kini harga 4sen x 5 = 20sen=ordinary share price juga.

PERMAJU INDUSTRY: (MYR0.19) Acquisition to expand into West Malaysian property market
Maybank IB Retail Research

Permaju Industries acquired 100m ordinary shares of Meridian Bhd (MEDA MK, Not Rated), representing 16.97% of issued shares in Meridian, for MYR26m cash or MYR0.26/sh. The acquisition will be funded entirely via internally generated funds. Pursuant to the acquisition, Meridian is now an associate company of Permaju.

At MYR0.26/sh, Permaja is effectively valuing Meridian at a P/B of 1.2x. The acquisition would allow Permaju to expand its property ventures into the West Malaysian market. At present, Permaju’s property projects are mainly located in Sabah. The acquisition would allow both parties to leverage on respective resources, as Meridian is also involved in property development and construction.

That say, execution is key to success. Meridian has been in the red since FY14 while Permaja’s earnings track record has also been volatile. Meridian’s earnings were affected by the subdued property market while Permaju, which has been in the red since FY07, was weighed by high operating costs. Its property and automotive industries are exposed to weak consumer sentiment.

Permaju has been trying to diversify its earnings base in its bid to turn around. In Sep 2020, the group entered into a joint venture (JV) with VSolar Group (VSOL MK, Not Rated) to submit a tender to build and operate a Large Scale Solar 4 (LSS4) proposed 50MW plant in Seremban. It is also in talks with Anzo Holdings (ANZO MK, Not Rated) to collaborate in the manufacturing of gloves.

But until any deal materializes, its outlook will remain subdued. Permaju recorded a loss after tax of MYR6.6m in FY6/20, with its automotive, timber, and property development divisions all in the red. This does not help when the government implements partial or full lockdown to combat the Covid-19 pandemic, which in turn, would hurt the demand for automotive as well as properties.

Valuation wise, P/B methodology is preferred here due to Permaju’s weak earnings track record. At current price, the stock is trading at a trailing P/B of 0.9x, above its 3-year historical average P/B of 0.7x. The only silver lining is that, its net gearing stood at 0.01x at end-Jun 2020. Investors with lower risk appetite should stay on the sidelines for now.

Posted by Victor Yong > 2020-11-13 10:13 | Report Abuse

Ya lah. Permaju PA dah murah 1sen dibandingkan dengan harga terbitannya. Kini berbaloi banget kot

Profile for Securities of PLC

PERMAJU INDUSTRIES BERHAD

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.
Listing Date 21 Aug 2020
Issue Date 14 Aug 2020
Issue/ Ask Price Malaysian Ringgit (MYR) 0.0500
Issue Size Indicator Unit
Issue Size in Unit 1,381,288,215
Maturity Mandatory
Maturity Date 13 Aug 2030
Revised Maturity Date

Posted by Victor Yong > 2020-11-13 10:16 | Report Abuse

Permaju PA dah 20% lebih murah daripada harga asalnya, safety margin juga Ada kan? :p

Posted by joni > 2020-11-13 10:19 | Report Abuse

should go higher price with high volume today

Posted by Victor Yong > 2020-11-13 10:21 | Report Abuse

Warrants mahal premium 80%++ jika mau exercise

Profile for Securities of PLC

PERMAJU INDUSTRIES BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description FREE DETACHABLE WARRANTS IN PERMAJU INDUSTRIES BERHAD ("PERMAJU") ("WARRANTS") ISSUED PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 936,309,855 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN PERMAJU ("ICPS") AT AN ISSUE PRICE OF RM0.05 PER ICPS TOGETHER WITH UP TO 93,630,985 FREE DETACHABLE 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")
Listing Date 21 Aug 2020
Issue Date 14 Aug 2020
Issue/ Ask Price Malaysian Ringgit (MYR) 0.2500
Issue Size Indicator Unit
Issue Size in Unit 93,630,984
Maturity Mandatory
Maturity Date 13 Aug 2025
Revised Maturity Date
Name of Guarantor
Name of Trustee
Coupon/Profit/Interest/Payment Rate
Coupon/Profit/Interest/Payment Frequency
Redemption
Exercise/Conversion Period 5.00 Year(s)
Revised Exercise/Conversion Period
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR) 0.2500
Revised Exercise/Strike/Conversion Price
Exercise/Conversion Ratio 1:1
Revised Exercise/Conversion Ratio
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)

Posted by Good123 > 2020-11-13 10:30 | Report Abuse

ya lah, ordinary share atau PA jika percaya potensinya, warrant dengan premium 80% Mahal

Posted by Goldencoins > 2020-11-13 10:43 | Report Abuse

PA should be almost same price as WA,

4 cts is less than half of wa 9 cts.

Posted by Good123 > 2020-11-13 10:47 | Report Abuse

9mil PA tinggal bernilai kurang drp rm40k

Posted by Good123 > 2020-11-13 10:48 | Report Abuse

buy pa with zero premium now plus 5X multiplier option per unit but warrant with 80% premium

Posted by Good123 > 2020-11-13 10:49 | Report Abuse

smart people will go for PA(icps) not the warrants with 80% premium

Posted by Goldencoins > 2020-11-13 11:59 | Report Abuse

dont chase AT, 3.252 B shares, at 25 cts very expensive now.

permaju also going to do gloves only 502 mil shares, easy to play up..

Posted by Victor Yong > 2020-11-13 12:02 | Report Abuse

Jumlah kos untuk lock-in 10000 syer biasa permaju dengan menggunakan modal paling rendah dengan PA dan Warrant untuk membuktikan bahawa PA adalah juah lebih efektif kos...

PA: Beli 10000 PA x 4sen =RM400 (bayar sekarang)
Kos tambahan jika mau convert dan dapat 10000 syer biasa kelak = 40000 x 5sen= RM2000

Total kos=RM2400, kos per syer biasa = 24sen bila mau gunakan kuasa pengganda PA dengan maksimum.


Jika tak mau pakai kuasa pengganda PA, 10000 PA dibahagi dengan 5 = 2000 syer biasa x 20sen harga semasa =RM400




Warrant: 10000 x 9sen =RM900 (Bayar sekarang)

Kos tambahan untuk convert = 10000 x 25sen (exercise price) = RM2500

Total kos= RM3400, kos per syer biasa = 34sen




PA jauh lebih baik *************************

Posted by Victor Yong > 2020-11-13 12:02 | Report Abuse

Kelas matematik pagi ini.

Mau 10000 syer biasa permaju = 10000 x 20sen = RM2000

5 PA(ICPS@5sen) = 1 syer biasa permaju, Jadi, mau 10000 syer biasa kena beli 50000 permaju PA= 50000 x 4sen (harga semasa) = RM2000

$$$$$$$$$$$$$$$$

Kelebihan PA (ICPS):

kalau mau lebih syer biasa, guna hanya 1 PA bagi mendapatkan 1 syer biasa dengan tambah wang. PA diterbitkan pada harga 5sen dulu dan ditetapkan pada harga 5sen untuk conversion bagi 10 tahun, kini harga semasa hanya 4sen.

Posted by Mikecyc > 2020-11-13 14:00 |

Post removed.Why?

Posted by Good123 > 2020-11-13 14:58 | Report Abuse

Q3 results should be better, loss-making timber biz dah dijual Dalam Jun 2020

Posted by Good123 > 2020-11-13 15:07 | Report Abuse

5pa = 1 ordinary share. pa 4sen. ord share 20sen. breakeven tapi pa Ada kuasa pengganda selama 10 tahun :p

Posted by Good123 > 2020-11-13 15:14 | Report Abuse

WA sampai 2025, PA sehingga 2030

Posted by Good123 > 2020-11-13 15:15 | Report Abuse

permaju wa 10sen now, exercise price 25sen , after permaju 35sen baru in the money

Posted by Good123 > 2020-11-13 15:15 | Report Abuse

orang Beli warrant kini percaya permaju Akan 35sen haha

Posted by Goldencoins > 2020-11-13 15:27 | Report Abuse

Good123, dont need to do anything, once mother share suddenly up 25 cts, all will chase at 5 cts. people just like to buy high, now at the lowest nobody interested. funny..

Posted by Good123 > 2020-11-13 15:56 | Report Abuse

PA 4sen , 5 PAs boleh ditukar kepada syer biasa . takda premium Dan juga Ada kesan pengganda macam warrant.

Posted by Good123 > 2020-11-13 16:06 | Report Abuse

ya lah, financial literacy rate among Malaysians adalah rendah :p

@Goldencoins

Posted by Goldencoins > 2020-11-13 16:12 | Report Abuse

now mother share steady, should go up gradually Mon then PA will follow. Once big boy buy in bulk you wont be able to get it at 4 cts loh.
Sayang I have no more bullets.

Posted by Good123 > 2020-11-13 16:12 | Report Abuse

possible for permaju 25-35sen if permaju glove SDN BHD starts operations. net assets per share 67sen unlike AT only few Sen :)

Posted by Goldencoins > 2020-11-13 16:15 | Report Abuse

Ya NTA 67 cts!!! no wonder last time push up to RM1, anyway, I hold mother and PA, more on PA bec in normal circumstances, PA can make much more money than mother shares.

Posted by Good123 > 2020-11-13 16:21 | Report Abuse

Nor Shamsiah also noted that the agility and adaptability of consumers have improved over the course of the COVID-19 pandemic, coupled with containment measures taken to prevent resurgence of the cases.

"There is much better understanding of the infectivity of COVID-19 and measures are getting more targeted. Hence, although COVID-19 will have impact, it will not be as much as before. This is also translated into a much better 3Q GDP number, which came out much better than the consensus forecast number," she said.

Posted by Good123 > 2020-11-13 16:23 | Report Abuse

u r smart, at 20sen, PA 4sen, PA is the same as mother share but PA has the advantage like warrant, 5X

@Goldencoins

Posted by Good123 > 2020-11-13 16:25 | Report Abuse

Sharen Kaur

KUALA LUMPUR: Property developer Permaju Industries Industries Bhd is venturing into the glove manufacturing business as demand for rubber gloves continues to advance worldwide amid the Covid-19 pandemic.


Sabah-based Permaju plans to set up a production facility in Seremban, Negri Sembilan, investing between RM150 million and RM200 million, sources said.

Posted by Goldencoins > 2020-11-13 16:59 | Report Abuse

one silly guy kept sell a few shares last min to make it looks like dropping, he must be wanted to get 3.5 cts.

Mother share already 20 cts, useless to do thing like that, Mon should gap up.. cheer..

Posted by Forkallthehatersaway > 2020-11-13 17:13 | Report Abuse

Termination of agreement bruh

Posted by Good123 > 2020-11-13 17:55 | Report Abuse

permaju glove SDN BHD buat sendiri macam AT

Posted by Good123 > 2020-11-13 17:55 | Report Abuse

tanah untuk kilang glove Dah dibeli Di negeri sembilan

Posted by Forkallthehatersaway > 2020-11-13 19:41 | Report Abuse

Where is the source since AT gt dy the firm established

Posted by Victor Yong > 2020-11-13 21:01 | Report Abuse

AT dah kantoi. Belian kilang glove tak jadi.