PASDEC can jump so high becoz its balance float share very little...but this counter still can go up and can give u profit and pocket money for this 2 months..
I already bought it at 18 cents, now i still accumulate it until 200 lots. I can consider it is quite good company where it jump frm 18 cents till now 35 cents. Nearly 100%
On behalf of the Board of Directors of PCB, RHB Investment Bank Berhad would like to announce that the Company is proposing to undertake the following: (a) proposed par value reduction via the cancellation of RM0.40 of the par value of every existing ordinary share of RM0.50 each in PCB pursuant to Section 64(1) of the Companies Act, 1965 (“Proposed Par Value Reduction”); (b) proposed renounceable rights issue of 190,174,116 new ordinary shares of RM0.10 each in PCB (“Rights Share(s)”) on the basis of three (3) Rights Shares for every two (2) ordinary share of RM0.10 each in PCB from the resultant Proposed Par Value Reduction, together with 126,782,744 free detachable new warrants (“Warrant(s)”) on the basis of two (2) Warrants for every three (3) Rights Shares successfully subscribed for at an entitlement date to be determined and announced later (“Proposed Rights Issue with Warrants”); and (c) proposed amendment to the Memorandum of Association of PCB (“Proposed Amendment”).
As expected, bank interest is sucking most of the profits... wise to call for right issue. This is getting interesting if you know how to play along with the bosses
Agree with Jjen. Nothing change except the company is getting smarter to reduce interest expenses. The saving will be reflected in post right-issue results. Time to buy when people got frightened.
Company won't bankrupt. Bursa Malaysia will start zero par value in all listed company next year,so most of listed company start reduce par value to create healtier balance sheet and much easier to declare right issue on par value RM0.10, that is because bursa malaysia rules right issue price must be higher than par value. If PST didn't reduce par value,the right issue price would be RM0.50/share,no one will pay for it.
hahaha...par value reduce to 10 cents,right issue price basically determine based on 10-30% discount from the average share price,the different from par value will located on share premium account.
We r living in a civilized world. Dun bother about the uncivilized lot . Forgive them for their misbehavior which is cultivated from their upbringing. Dun also blame their parents for failing them in life. Karma will take care of them. Initially i wondered y the bosses disposed of 5% of their share holding, now i understand they need the fund to finance the impending right issue.
Emily, u can comments anything u want but please dont call most of us here idiot..otherwise ur child and all ur kaum kerabat will become super idiot until dont know how to calculate 1+1...please.
snake-eye you are right! if Emily use the word idiot again, her child & family members will be super idiots and bast..... Emily please don't hurt others, or else....even legal actions....
This will be the superbull in this 85 years ma. Everybody also has his midas touch to make money. Kpower is cheap ma. Losing money in 8 consecutive qrts with deteriorating nta but this lady is still promoting it like no tomorrow, probably just becos of its momentum crossover, or she's an insider. Knowing very well none of the stocks is cheap, y continue to waste time in share markets to stress yourself, meanwhile making more enemies. Better hibernate in the jungle for fresh oxygen to rejuvenate n come back as a wise n good human after the market crash. Teluk Intan is a beautiful place but some of its by-products r so despicable until MP Mah also wants to keep an arm-length distance from her.
On second thought, i think i know y this lady went berserk on this company. She may hv been trapped once by the company-oriental management n now going on vengeance trail. The 18cts indicative rights price set for this 1.5:1 right is merely 45% discount of its theorectical wamp price of 33.6cts, rather steep on comparison with EA's 1:1 rights issue which carried the same discount. I'm looking for a discount of 55 to 60%, on par with the dilution of its eps ex-rights. If allowing the management to dictate the terms, they may opt for 10:1 rights with the same discount on wamp. If so happens, wonder whether the 2 brothers with combined stake of 45% will quietly taking up their portion of subscription.
This counter is much better than Kpower which is a dead wood, no transaction at all. It's not easy to breakout below 0.30, which was its consolidation level for moons n now becomes an extremely strong support level.
With annualised eps of 6cts, its current 30cts price is a steal. Let the ms brothers with their running legs spreading -ve rumours to create a crisis scenario so as to suppress the price which definitely will present us an opportunity to accumulate more for cheaper rights price n free warrants.
Aiyo........why the boss is laughing leh........boss cabut liao ha........if not cabut....why he laugh leh........aiyoyo........so why ha......we gonna to sapu more shares ha.....or sell more shares.....ha ha ha
AIyo kheng.....suupport strong at 30sen with roadblock leh .....if break then see how lor......aiyo......why so scare leh..........aiyoyo.......wait lor.....see how lor.....if really go bankrupt like ppl say.......let it be lor.......just one of many nia nia mah....ma zhao pao wu zhao tiao lor.......life still goes on with or without this ctr lor.......aiyoyo........ha ha ha
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....
samcghee
670 posts
Posted by samcghee > 2014-06-10 08:30 | Report Abuse
going to fall till 30 cents. I will buy if falling below 30 cents.