Very true, Mr Coldrisks, During the EGM, Mr Liew said the debt will drop from 1.54% to 0.12%-0.16%. Almost as good as debt free like you said. Big order book with almost zero debts, good financial report awaiting this counter!
Hi Dear all, please kindly advise how can I subscribe to the right issues by November? If I later on own say 20000 shares, will they contact me and offer the RE to me? Thkq
Thanks Mr Charlie and Coldrisks, will monitor closely on its offer date and check with the share section at M2U, good nite and have a fruitful day tomoro!
If bought on like through banker like RHB, Mbb, and others They will call you n confirmed with you How many units you wish to pick up n also any excess shares that you may want to apply They just charge you a service fees for that You save all the trouble to go to the banks to get the bank drafts yourself
Hi Charlie noted with thanks am going into this counter, however will wait till month end and see how as advised by Mr Coldrisk. Once again thanks to the sincere,professional and polite people here! This blog together with the one where Ms Anyu is in (AmCorp), is like an OASIS in the dessert!
Mr Coldrisks and folks, thousand apology as I was away for 2 days, catching up with old classmates and partying away. No time to check this chit chat. Yes, I would keep till x and sell, but may keep some free shares to subscribe, in that way, I have 50% premium. What do you think Mr Coldrisks and folks? please comment.
of course lah, I know LFECorp as I saw some bonds dealing. Somebody has to restructure this company before proceed with that bond dealing. So it is sure win!
Mr Coldrisks and Charlie, sorry for this late disturbance, I've been tracking this counter for the past one week, it has been within the range of .235 to .245, should it retrace back to .235, is it a reasonable price to pick up? Thanks for your view. Cheers and goodnight and have a fruitful weekend!
Me too also tracking this counter It went from 18 Cts to 27.5 Cts Then down to 19.5 Cts n back to 28.5 Cts Back to 20 Cts n up to 28cts Now drifting around 23.5 - 24 Cts Time to collect Very strong resistance at 28.5 Cts Hope to break and fly
Charlie, the 30th biggest share holder of LFE 2014 held 612,000 shares.So, if you buy >612k, you are one of the 30 biggest shareholders! Anybody collected that much? Mr coldrisks, are you near there or more? I am a small fry, talk big and think big and hold little.
Mr Coldrisks, nothing to be sorry about, you put forward your best interpretation, I am very grateful. I too thought that way, just want your moral support. Mr Market sentiment is unpredictable, nobody can read his/her mind. If no crisis, we should see it breaks through the stubborn resistant at 28.5 sen. Do we have a chance to celebrate?
Mr Coldrisk, Charlie and Nokenzo, thkq for all ur comments and analysis, they have been enlightening. Last nite EU/US markets crashed like nobody business. WTI oso down >4%, I would think Monday is a good day for me to do a virgin purchase of this counter, looking forward to our celebration early next year. I'm fully aware this is solely my own risks and mall of U no need to say sorry, should any unforeseen happenings cropped up, cheers and happy lunching!
Thkq Mr Nokenzo, in frank speaking, I was first attracted to this counter due to the clean,no nonesnse and professional discussion transpired here, it gives me a good comfort level that I can have trust in the info in this blog!
Thanks Mr Coldrisks for the update, I already bought 10 lots at .235 last week, so, now, I'll hold and wait for the RI, is this ok? Thanks for your advice and good night. Oh, ya, I still intend to buy some more tomoro at .23 see can get or not, cheers.
Mr Coldrisks, paperplane 2, cikgu and others, do you have news about the court order for approval of capital reduction? The rough date it can be approved.
On behalf of the Board of Directors of LFE, MIDF Investment wishes to announce that the High Court of Malaya had on 29 September 2015, granted an order confirming the Capital Reduction pursuant to Section 64(1) of the Companies Act, 1965 ("Act") and Share Premium Reduction pursuant to Section 60(2) and 64(1) of the Act ("Court Order").
The sealed copy of the Court Order will be extracted and an office copy of the Court Order will be lodged with the Companies Commission of Malaysia for the Capital Reduction and Share Premium Reduction to take effect.
The effective date of the Capital Reduction and Share Premium Reduction will be announced in due course.
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....
charlie chia
2,151 posts
Posted by charlie chia > 2015-09-10 19:11 | Report Abuse
Maybe reverse takeover by shapadu
Inject project into
Who know in near future
As long as exist PN17
We are save