Expecting Ta Win wants ppl to convert their warrants. Last day to trade warrants is 20 July. So, if you expect operator to push anytime now, might want to get some before it's too late. Taylor
Update: From Bursa....Total number of WA issued =304,172,581 So far 8,330,413 WA converted, % converted= 2.7% only. If 100% conversion, company can get additional ~RM 29.5mil cash! So what will Ta Win do??
I started to buy into Ta Win since 2020 when it started the 500 acres 2.4 billion Terengganu Ecocycle Park, and with the recent EV related projects confident will be rewarded....Looking to convert my WA to support!
Great, it has just moved into 0.095! Btw, those who don't believe the data on the number of WA and %conversion, please check it. I am confident it's 100% correct.
@whistlebower 0.08 - very crucial support level some waiting for it rebound some waiting for it to break soon time will tell
What is your say now? You have always been giving "be careful" advices, but to be really useful, should you not also be a bit more clearer when it is time to act?
Today when market closed, I observed one difference compared to past weeks: the buy queue @0.09 is larger than the sell queue@0.095! I think on Monday will be >.095
Last day, date and time for trading of Warrants : Wednesday, 20 July 2022 at 5.00 p.m.
Day, date and time of suspension of trading of Warrants : Thursday, 21 July 2022 at 9.00 a.m.
Last day, date and time for the exercise of Warrants 2019/2022 (Expiry Date) : Friday, 5 August 2022 at 5.00 p.m.
Day, date and time for delisting of Warrants : Monday, 8 August 2022 at 9.00 a.m.
====================
WA conversion price = 0.10 WA is worthless now as the mother share is currently @0.085, lower than the conversion price. Unless the mother price can rise above 0.10 before 5 August 2022, last day for conversion
============== NOSH = 3,422,435,361 PA = 18,535,913
WB = 1,365,365,814 Maturity 2024-08-19 Strike value 0.135
Yes, WA is worthless now, BUT do you think Ta Win bosses will just sit around watching 97.3% i.e. almost RM 30 mil just burning away? It will be very strange if it happens!
MERIDIAN is the latest high NOSH low price penny stock proposing to do shares consolidation !!! Announcement dated 2 August 2022
=================== Be careful trading high NOSH low price penny stocks
Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants
I don't think the Ta Win will be affected by Pelosi's visit to Taiwan.... The Pelosi-Taiwan effect should be just temporary.....a show must be put up to save face on all sides, but afterwards back to before as life has to go on on both sides of the straits.
I am very worried of Dato Ngu ! Being responsible for collapse of 3 public listed companies in the past, he should get out of Tawin. I think his dirty tricks will continue. Looking at the very low net profit margin of Tawin, he is surely siphoning out money.
On behalf of the Board, TA Securities wishes to announce that the Company had on even date submitted an application to seek Bursa Securities’ approval for an extension of time of 6 months from 17 September 2022 up to 16 March 2023 for the Company to implement and complete the Private Placement.
This announcement is dated 29 August 2022.
========= Private placement delayed again. Current Price 0.075 not yet attractive for PP investors ?
MNC is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 29 August 2022.
=================== Be careful trading high NOSH low price penny stocks
Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants
List of penny stocks with shares consolidation :-
2022 in progress - MNC, MERIDIAN, LKL, IMPIANA, FAST, VSOLAR
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....
Trading4living
13 posts
Posted by Trading4living > 2022-07-13 10:42 | Report Abuse
positive QR due to surplus RM20mill from RPharma sales....