As I have mentioned before, post ri ex date always will see price downtrend for few days or weeks. I plan to collect tawin warrants if it reaches 6 or 7 sen. Should be bottom catch there. All upwards from that point on.
Bodo his question is why half lol Tommychaw yesterday ex date for Tawin RI. It's adjusted. Please read above and also announcement. Why I bother also I dunno. If you invest you should do more reading aiyoyo
RHB Research Institute’s analyst Alan Lim also said Supermax’s core net profit for 9MFY21 of RM2.85 billion was below expectation as it made up only 66% of his estimates.
He attributed the negative variance to the temporary closure at its production plant after the detection of several COVID-19 cases among its foreign workers.
“We have lowered FY21 to FY23 core earnings by 21% to 41% due to a lower utilisation rate assumption of 85% from 90%,” he said.
According to him, Supermax’s FY21 utilisation rate was affected by the temporary plant closure, and for FY22 to FY23, the lower utilisation rate will be due to normalised demand-supply assumptions.
He has also reduced ASP assumptions for FY21 to US$77 (from US$89), for FY22 to US$49 (from US$57), and for FY23 to US$37 (from US$48) after taking into account the recent ASP decline.
While maintaining buy call on the stock, Lim lowered Supermax’s TP to RM6.60 from RM8.75, due to the reduction in earnings estimates and long-term blended ASP to US$37.00.
" wait btw, copper wire don't need high pay worker to product, this is a simple business model that future is so bright." ==================================================
Better still don't hire any worker, no worker cost. Do it yourself and get maximum profit.
If you are a subscriber and entitled to rights issue. You have two options, either sell the rights issue within the limited trading period or subscribe.
If you don't subscribe you may lose out from price dilution.
RENOUNCEABLE RIGHTS ISSUE OF UP TO 3,106,101,171 NEW ORDINARY SHARES IN TA WIN HOLDINGS BERHAD ("TA WIN") ("TA WIN SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.06 PER RIGHTS SHARE ON THE BASIS OF 3 RIGHTS SHARES FOR EVERY 1 EXISTING TA WIN SHARE HELD BY THE ENTITLED SHAREHOLDERS AT 5.00 P.M. ON 6 MAY 2021 ("RIGHTS ISSUE")
Kindly be advised of the following :
1) The Right commence of trading : 7 May 2021 2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 10 May 2021 3) The last day and time for Acceptance, Renunciation and Payment : 25 May 2021 4) The Rights cessation quotation : 18 May 2021
The Stock Short Name, Number and ISIN Code TAWIN-OR, 7097OR and MYL7097OR001
the Prospectus is available in bursa webpage, my remiser said can print out for submission. Else have to wait them to post at 10 May, next week long holiday ya..... before 25 May must reach registrar, else the entitled RI will burnt.
If 3 OR sell at 0.075 and 1 mother share sell at 0.17 = total is 0.395... The price still higher than ex date price...no wonder so many people selling morning..
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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....
Stockwatcher18
53 posts
Posted by Stockwatcher18 > 2021-05-06 09:41 | Report Abuse
hokage thanks a lot ya