From what i see , if it stay like this there's a possibilities of minor technical rebound . Short term TP is 0.10 and will revise back if something happen to this counter (:
i will keep buying ..when private placement approved by SC.. it will up to RM0.10 because private placement cannot less than par value.. this is tips for you guys
It has dropped more than 50 % since end of August last year. Since many people have lost so much money, perhaps it is worth to make a bet now. Like you go to Genting
Major Shareholder, General Technology, hold 30,984,500 warrants and expiry date on 27 march 2016. If they convert the warrants to mother share, they need to pay RM42901615.38 else they sell with lowest price RM0.015...
Sifu YukChian, I scratch my head for quite a long time, still couldn't find how can you get this amount of RM42901615.38 (more than RM42 millions). YFG-WA exercise price is RM0.13, if 30,984,500 x 0.13, it should be just RM 4,027,985, about RM4 millions. Perhaps I am very stupid, would you mind teaching me your secret how to count? Thanks.
I still couldn't get the RM42 millions. Even 30,984,500 x 1.2308, I can still get only 38,135,722.60. Did I miss any parts? Thank you for your teaching. It is very useful.
trust me, they will not convert, General Technology is only holding 10% of YFG, and alot more shares of YFG can obtain very easy in the market. Why must they subscribe the warrant with higher ex-price? Unless YFG NTA is higher than the current price or YFG has a future potential project in hands and it makes shareholder hunting to be a key person to control over the company. but do you think YFG has it? What is so attractive anyway? i can't see anything in YFG for the time being.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3111 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
masterkevin212
1,850 posts
Posted by masterkevin212 > 2014-11-07 15:01 | Report Abuse
i told liao.....this share is damp shit