Yesterday, the price breaking above falling wedge pattern. Look for fast turtle breakout at 0.235 for further confirmation. Next resistance will be 0.275, 0.310, 0.330. Nearest support 0.215
Stoch RSI just about to reach oversold upper border. Smart trader know best time to buy/sell
Yesterday, the price breaking above falling wedge pattern. Look for fast turtle breakout at 0.235 for further confirmation. Next resistance will be 0.275, 0.310, 0.330. Nearest support 0.215
Stoch RSI just about to reach oversold upper border. Smart trader know best time to buy/sell
Renueco Redeemable Convertable Bonds - RCB Salient Point: Issue Size of RM350m. Minimum Issue Price of Shares is RM0.10 Max Issue is 1,143,093,554 (Double current NOSH) Coupon is 2% PA paid semi annual
Annoucement Date Listing Date Type of Issue No of Shares Issue Price Value of Bond Converted 11-Oct-23 12-Oct-23 Conversion of Redeemable Convertible Bonds 17,643,352 0.159 $2,805,292.90 20-Sep-23 21-Sep-23 Conversion of Redeemable Convertible Bonds 8,998,200 0.167 $1,502,699.40
8-Sep-23 11-Sep-23 Conversion of Redeemable Convertible Bonds 2,953,337 0.169 $499,113.95
4-Sep-23 5-Sep-23 Conversion of Redeemable Convertible Bonds 8,860,011 0.169 $1,497,341.80
29-Aug-23 30-Aug-23 Conversion of Redeemable Convertible Bonds 5,858,230 0.171 $1,001,757.30
44,313,130 $7,306,205.35 Percentage of NOSH = 6.913% Percentage of Mkt Cap = 5.845%
Each Sub-Tranche is supposed to be min of Rm2,000,000.00. Not Followed?
Conversion anytime at 80% of 5 Previous day average price. Minimum conversion price $0.10 2% coupon on RCB paid semi-annual. Total RCB to be issued is RM350 million
Will die? Why reneuco can issue 350mil Redeemable Convertable Bonds? The purpose of issue 350mil Redeemable Convertable Bonds for what? Who buy these bond?
His market capital only have 119 mil, this year revenue only 60 mil, What ability does he have to issue 350mil bond?
Reneuco have ability issue 350mil Redeemable Convertable Bonds means he already have a huge project on hand.
If ecrl ipp project value 470 mil per year, base on 60 mil revenue this year, how much he can grow in the 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....
Silentreader88
925 posts
Posted by Silentreader88 > 2023-06-27 16:15 | Report Abuse
yes, should change management. Much looser compared Scib