Dragon88...looks like investors not prepared ATTA-PA ...more dumping expected. Even the proposed 10% Dividend does not make any significance. Wei Xidu..."Atta tomorrow boom up gogogo".....what is your response ?
Nevertheless, I am holding. Perhaps my investment horizon will be longer now but i believe the company still have good earning to report. Instead of holding for 1 quater, maybe for 2 - 3 quaters.
Anyway, if you refer to ATTA mother chart (for last few quaters), share price tend to pick up after results are announced and then it drops. Overall, it is still upswinging stock.
Again, all it boils down to is results and hopefully, it keeps reporting profits. No more swings like prior years.
It ll keep dropping to the fair value since the mother and son were pump up purposely ... It p/e should be back to around 5x as it used to be... This sector only can gv the most 5pe as its product follow the volatile price of metal and there is too many metal company as competitors..
ganp : If you are an investor just keep it...price up or down should be immaterial...hope the company continues to deliver good results. 06/07/2017 10:12
air01557 active selling today - any negative news ?... Announced ....8 PA for every 1 mother share held at RM0.08 per PA...market reacting negatively !
ganp: Dragon88...looks like investors not prepared for ATTA-PA ...more dumping expected. Even the proposed 10% dividend does not make any significance. ===================================================================== Agree with ganp. 8 PA for every one ATTA mother share held at RM0.08 per PA. That is a lot of money needed. If don't subscribe, it will be burnt. Then what will happen to ATTA-LA and ATTA-WB holders. Get nothing?
It looks like a raw deal for all...only the operator can decide to move which way ! What will happen to ATTA-LA and ATTA-WB holders. Get nothing?...Big question mark !
Massive dumping...1.29 and going below...Sellers dominating...may even settle at 1.20 today unless there is follow thru support...Traders / contra kakis badly hit.
1. The conversion price of the new ATTA-PA to mother shares is RM0.80. With the cost of RM0.08 the minimum price of ATTA-PA will be RM1.29 - RM0.80 - RM0.08 = RM0.41.
2. The new conversion price of ATTA-LA, ATTA-WB and ATTA-WC will be RM0.87. The old conversion price are RM0.90, RM1 00 and RM1.00 respectively.
1. The conversion price of the new ATTA-PA to mother shares is RM0.80. With the cost of RM0.08 the minimum price of ATTA-PA will be RM1.29 - RM0.80 - RM0.08 = RM0.41.
2. The new conversion price of ATTA-LA, ATTA-WB and ATTA-WC will be RM0.87. The old conversion price are RM0.90, RM1 00 and RM1.00 respectively. ======================================================================
Each ATTA-PA can earn a profit of RM0.41 - RM0.08 = RM0.33. So better keep cash to subscribe for the ATTA-PA sometime in early early September. After the ex-date, ATTA-PR will be traded for 5 market days, then pay for the ATTA-PA and the listing will be in early September.
All ATTA bosses don't even sell off single lot and only forces all worry birds to out from the game. Coming Q will have good news and do hold if you trust.
ya, another wrong call by OTB, this OTB still very garang in Comcorp chat room, take care of our hard-earned money, don't simply believe this so called sifu, might be helping buayas to sell their stocks...from 20 sen up to 50 sen.....all small investors are trapped
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Posted by chang1986 > 2017-07-05 20:14 | Report Abuse
庄家在出货,大家小心