Basic calculation after subscribe price will be at around 0.08. But reality may be will drop to 0.07 or 0.06. The worst will be at 0.05. So your choice to decide whether to buy now or buy later.
The acquisition of the timber concession FMU5 was made primarily with the aim of extracting and exporting of round logs in the first place and with the export ban it will have adverse effect on the company heavily.....!
Decide on your own risk....price might drop to below 10sen after issued share go to 4bil...but wont worse than bornoil because result still good...if for long term then should be fine
nice..its already a premium there. the adjusted prc should be 0.0787.wait for the Despatch of the Prospectus and Provisional Allotment Letter of Offer : <24 July 2018>. The Right commence of trading : <23 July 2018> dont sell the OR during 1 week trading period. the OR will be credited into your account on 23rd july..before it resume trading.
I am a bit confused on bonus statement. I have 50 lots. means i will get 100 lots OR? or 25 lots OR? Then, if I confirmed pick up rights, pay the differential sum, then I will get a bonus share in 1:1 ?
Yes, buying the OR is like buying other shares as to the fees. This OR is only traded for a week from Mon to this Fri. The OR gives U the right to subscribe to the rights issue at RM0.21 per shares. Say U bought 10,000 shares of this OR for RM850 before taking into account the fees. To subscribe for the rights, U can ask their registrar (Tricor, office in Bangsar South) to send U the rights issue subscription form. U then have to buy a bank draft for 10,000 x RM0.21) = RM2,100. After 2-3 weeks, the 10,000 L&G shares will be deposited to your CDS account.
sifus, just wanna confirm. i am holdeing pworth. the ex date is 18/7 and the entitlement is 20/7, meaning that if i hold the shares until today. i will entitled for the OR oby 20/7. then i can buy or sell the OR next week onwards ya
the adjusted prc had already take into account of the right and bonus share issued. The current shrs issue now stood at 4.095 bil. (eventhough the new shares offered had yet to be credited to shareholders acc.). so no worry. the adjusted prc is already based on this new shares issue.this current exercise should benefits the loyal and genuine investors most in the medium term,knowing pworth potentials in near future
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....
pelaburuntung
233 posts
Posted by pelaburuntung > 2018-07-13 15:12 | Report Abuse
pworth will be super stock by end of this year. logging production keep increasing