Is called wealth creation, not printing money or you controlling the central bank..
If got any substantial announcement immediately after the SPLIT, when each OS went to RM3, then one may be regretful if have sold the Warrants a bit early,
Especially, the inner circle fellows, they likely hold the Warrants until the last day, with the fixed CP of RM2.50 , what will happen if the mother shares fetch RM4.00 each even before 3 year...How much each warrant then? THEY all like Warrants, free, and also the company can receive the funds as additional capital in the coming days.
So, the future performance of the Company is important.
1QR @30092020, total assets improved from RM167M to RM204M with RM93M balances in the banks. Almost half assets are in the banks.
Got lorries transporting chemical for gloves makers.. Numerous construction/building jobs even in overseas, Laos, Nepal, Indonesia.. At Bentong got manufacturing, Owning assets in UK...
Got talents in finance/banking but the finance units are Dormant companies.
Not bad one this company...growing, eyeing on renewable energy sector, got vision. SO, the future Share value can be likely higher than RM2.50 (Conv Price for the Warrants), very good lah..
The Company has decided that the conversion price of the Warrant is RM2.50
Your Each Warrant + RM2.50 made payable to the Company by you, the Company will issue one share to you, lasted until the Expiry date.
IF the Ordinary Share (OS) before the Ex date is RM10 , hopefully the price for each share after the subdivision will be RM2.50 traded in the Bursa. However, it may become RM2.80 or RM2.20 depending on the market performance then.
IF RM2.20 , nobody will convert the warrants to OS because it is cheaper to buy the OS directly instead of the conversion.
IF RM2.80 , the value of the Warrant will be RM0.30 each at least in the BURSA. With your warrants, You may sell the Warrants (given free) and keep the RM0.30 as the windfall. Next, you may pay RM2.50 to accumulate each share (convert) instead of buying at RM2.80 via the BURSA.
IF you keep the Warrants longer, they may fetch better value when the OS value is going higher and higher. The exact opposite can happen.
Kpower is one of the 11 stocks should own in 2021.If Kpower successful awarded the LSS4 total of 100mw,yearly PAT will add another $18-20mil which equivalent to $0.16 base on 113mil shares.
Another alternative for renewable energy play could be KPower Bhd, which is one of the top picks of RHB IB and AmInvestment Bank Bhd.
RHB IB said KPower is firmly on its growth trajectory and is expected to double its order book size by end-FY21. "The stock, in our view, could undergo a further rerating, if KPower can penetrate the solar industry, which generally fetches premium valuations," said the research firm.
Kpower did not bid for this feed in tariff mini hydro power projects,as to date all hydro power projects Kpower secured r EPCC only. If they successful secured LSS4,then they can sell power for a duration of 21 years,the results still pending.Actually this e bidding feed in tarrif results announced on 14/12/2020.
Entitlement subject Bonus Issue Entitlement description Issuance of up to 150,776,882 warrants in KPower Berhad (formerly known as Kumpulan Powernet Berhad) ("KPower" or the "Company") ("Warrant(s)") to the existing shareholders of KPower on the basis of 1 Warrant for every 3 existing ordinary shares held in KPower held as at 5.00 p.m. on 13 January 2021 Shareholder's Approval Yes Ex-Date 12 Jan 2021 Entitlement date 13 Jan 2021
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....
beinvested
2,445 posts
Posted by beinvested > 2020-12-30 15:52 | Report Abuse
Some people said, "Dia punya pandai lah..."
Is called wealth creation, not printing money or you controlling the central bank..
If got any substantial announcement immediately after the SPLIT, when each OS went to RM3, then one may be regretful if have sold the Warrants a bit early,
Let's see..