Tunggu, tak ada masaalah, Azmi. 1-2 bulan, tak kesah, dah kutip beberap bulan, lagi 1-2 bulan tunggu, apa masaalah. cuma, jangan crash, cukup lah. Masak nasi pun kena tunggu kan? Bukan petik switch, dan dan bolih makan.
To me, I am investing on mid term basis. Imagine after the RI ( the share price will not be diluted, see the previous announcement ), Shapadu will be the substantial shareholder. They will not make this stock quite. They will pump in more projects, do it as in-house. In addition, the receivables from Abu Dhabi will be another exciting enzyme. FYI, the re-design of theRM350m Shapdu City Village project has been completed. Kick start soon once the plot ratio approval done. Above are my 5-cents info.
Good gorming cikgu. These few days cerebu kuat, make you free I ingat. Good rest cikgu. I agree with you. This tock is becoming Shapadu engine to move. Mana tau, ada agenda nak back-door listing their property arm that acquires the RI, some rumors said so. Just khabar angin, ok! But really possible, right!!
Shapadu involvement itself will move the stock, no need to hope for RTO ( reverse take over ). that is only a rumor, as i said. but nothing is impossible, especially it is not something new. nevertheless, i believe all parties will harvest good fruit before end of this year.
Noneed think, just close eyes and buy! One yr later if u still lose money here, I will quit here! Mark my word!
See a few good examples, like hohup, once they out of pn17, they fly all way up! Fund mgrs can only buy non pn17 stocks, some even restricted from ace MKT
thanks cikgu.. "The share price of LFE will not be adjusted pursuant to the capital reduction and share premium reduction".. this sentence right?? but i still got some question.. how come the share price wont be adjusted after the ex-date of the right issue as we know the share price will be adjust when it is diluted in a usual manner?? is it because of the reduction of par value from RM1 to RM0.30 ?? sorry.. got a little bit blur about this.
okay .. thanks coldrisks and nokenzo.. just a little bit confused because cikgu said that the share price will not be adjusted after the right issue.. thanks for the explanation coldrisks ! okay nokenzo, will try to dig it out and read the details.. yes.. i found this company has an interesting price chart and then i want to understand more about the background of this company.. that's why i came to here and the sharing from you guys was really great enough! yes i have bought some, nokenzo .
Hehe, good! These are attitude needed in investment! Not like others, keep asking ppl buying blindly. We shld always post doubts, questions on latest development, don't take things granted. Always think independently how true when someone said a stock so good.
Of course, you may doubt me also! I encouraged it! Ppl highlight ing my blind spots is better than me trying to hide them, just because I have lots of interest in such stocks. These are attitude we shld encourage here! And not like some when doubts, risks posted they directly raised their adrenaline fighting like mad dog! Just like how najis did on 1mdb
LFE Corp Bhd expects its financials to be on a stronger footing and return the company to profitability after the completion of its regularisation plan.
Its MD Liew Kiam Woon said the company is expected to raise RM32.74 million through a proposed rights issue and private placement and the proceeds will be used to settle up RM9.98 million debt owed to Kerisma Bhd while the balance for working capital.
“Upon the completion of the (regularisation) plan, we would have more capital to move forward and satisfy Bursa Malaysia’s requirements,” Liew told reporters after the company’s extraordinary general meeting (EGM) in Seri Kembangan yesterday.
Under the proposed rights issue, the electrical and mechanical engineering service provider plans to issue 42 million new shares to its shareholders, which will raise about RM12.74 million.
The company also will issue 66 million new shares to Shapadu Corp Sdn Bhd through a private placement. The exercise will raise another RM20 million. He expects once the regularisation plan is completed, company will be removed from the PN17 status.
The regularisation plan, Liew said would improve its gearing ratio and reduce the company’s interest expense. At present, the company’s gearing ratio stood at 1.54 times.
“Upon completion of the proposed debt settlement exercise, the company’s gearing will shrink to 0.16 and 0.12 times,” Liew said.
He said with Shapadu Corp Sdn Bhd becoming a major shareholder with 30.2%, LFE Corp would be able to participate together with Shapadu in upcoming projects.
Shapadu is involved in oil and gas, property and construction, civil engineering, transportation and logistic, infrastructure development, and security and training services.
Shapadu through its unit, Shapadu Boulevard Sdn Bhd awarded LFE Corp a RM350 million engineering, procurement and construction contract for the development of Shapadu City Village in Putrajaya.
LFE Corp also has been awarded a contract to construct terrace house in Kerteh, Terengganu and a renovation work for Campbell Complex, Kuala Lumpur from Shapadu Corp.
At present, Liew said LFE’s order book stood at RM400 million and the company is tendering projects worth of RM400 million locally and abroad.
Liew said the company is tendering for projects in Vietnam, Myanmar, Qatar and United Arab Emirates (UAE).
The company’s share closed at 28 sen yesterday, one sen up from the previous closing price.
I ada experience dengan insas, harga tak push up pun small shareholders pun beli right issue sebab banyak dah tersangkut. Selepas rights issue harga pun terus rendah sebab now syer dah banyak kat market ada overhang
For those who own this shares Better buy now than go for right It is cheaper than right at 30 Cts You still have a chance to sell your OR for few cents When listing on 29 October If X goes well We still can sell our old shares n pick up the right
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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....
nokenzo
591 posts
Posted by nokenzo > 2015-10-19 10:10 | Report Abuse
Good support at 28.5 sen. No hope for me to get lower.