Directors of AGES are good in fund raising via issuance & conversion of AGES-PA and issuance of new shares to PP and ESOS. Directors of AGES are good in squeezing more money from shareholders via shares consolidation and rights issue.
Read up comment above, raising fund is never the issue, plus company already make announcement how and where they will use and spend the fund , scroll and read up
100 NOSH.. anytime can go RM1.. but the real killer if they start doing RI and PP which eventually will be back to 3-5bilNOSH
Probably their game is that they CL fast.. even though in losses because eventually the price will collapse to even 0.040.. and they collect at lowest point.. Is it possible? If u dont believe just check BCMALL QR.. almost as excellence as AGESON but now at 0.040..
Anyway... what ever it is.. AGESON QR is remarkably excellent with 24 consecutive nett-profit QR ...
@Michael R: Probably their game is that they CL fast.. even though in losses because eventually the price will collapse to even 0.040.. and they collect at lowest point.. Is it possible?
BLee: Hi bro @Michael R., won't be 0.040 as RI already confirmed at 0.20. The problem is can apply RI with access shares at 0.20, why pay 0.29?? The new support is most likely at RI price. The calculation for averaging after RI with respect to 0.29 will be ((0.2x2) + 0.29)/3 roughly equal 0.23...so who will buy at present price?? Happy Trading and TradeAtYourOwnRisk
Cruel directors want to collect shared at cheap cheap price, probably through rights issue, as expected. Hopefully price will drop to 0.20 soon so nobody will subscribe to the rights issue.
to be honest, price didnt move much throughout entire covid-19, it maintains
so i suppose its floor value is shud be stable, which means there are more room in growing, once political stable, it sure will be a good news for the whole property and construction sector
@citadel666 hi pussehh boy after so long , finally you are here :) im here everyday ya , i broke af so i stay in longkang, so how's your high floor penhouse ?
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....
aarowsiewkh
99 posts
Posted by aarowsiewkh > 2022-04-18 16:29 | Report Abuse
maybe you are right... raw material price or demand adjustment might be working out for Ages