Does it means the Private Placement let the investor earn premium of 0.55 cents/share? They just need to pay 0.25/share but in return, get the share value of 0.8? Something like that?
Verypoison, Private placement for THHeavy is someone is buying 10% of the company share. Total 52,796,345 with RM 0.80 per share. He had to pay nearly RM 42 Million. THHeavy cash account will be addition of RM 42 million but the outstanding share for THHeavy will increase from 1.057 billion share to 1.111 billion share made up THHeavy paid up capital will be 277,694,772 million.There will be a right issue coming later and the money will using to investing in the 2.7 billion work with was awarded this year from Nippon. some one is willing to paid RM 0.80 per share and now the share price is RM 0.55.
dragonfruits. Par value is a company that decide according to paid up capital and no of outstanding share. if you want to increase your par value to RM 0.50 your paid up capital will be the share but no of outstandng share will be decreasing to 50%.
If a investor seem there is a potential in a company there had to request for a private placement from the company major shareholder.If the investor want to buy the company share in a open market how much percent can he get,maybe less than 1% and the investor need to paid a higher price (more than RM 0.80) before he got the percent of share he needs.
80 cents private placement vs 57cents now??? what does it tells you? Usually private placement they are not allow to sell any share within the next 6 months. So what can they do when now is 57 cents :)
wait for right issue exercise, the investor that brought RM 0.80 per share thought private placement there are waiting for right issue exercise and the cost of their share will be lower (10% outstanding share of THHeavy). If the share price hit RM0.80 after right issue how much there are going to make and moreover THHeavy had a contract worth RM 2.7billion for Nippon. Stock is for invest not for speculate.
Posted by stonenut > Oct 15, 2014 09:04 PM | Report Abuse
Dreamhunter mari kacau here again _______________________________________________________________________
Just lest I forget, Mr. StoneNut, I hope you are aware that this Doraemon-Dreamhunter is a copycat rip-off of me, the original, one and only DreamHunter. I just thought you should know.
He is a terrorist trouble stirrer going around various forums I3 under multitudes of different clone-name guises, spreading shhitty-crrappy scare stories to make stock prices crash so that he can come in buy at low.
Among his allies is OptiMouse, also going around under many clone names like OptimusPrime, OptimusX, Optimus, Optimus8, Optimus whatever.
Both of them (or they could actually be the same one person) is/are (an) active pirate-raider-marauder in the Sumatec room too. But he/they is/are being kept under tight control there, and he/they is/are not making much terror impact now.
So, Mr. OptiMouse @ Optimuss @ @ Optimus8 @ OptimusX @ OptimusPrime @ Optimus whatever, you are a clone of LaughDieMe @ SureLaughDie @ FartLaughDie @ etc. etc. etc., and he is a clone of you.
Exactly as what I hv been suspecting for quite a while.
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....
Kamaru BahariBakar
267 posts
Posted by Kamaru BahariBakar > 2014-10-16 17:02 | Report Abuse
THH WA working today. I make some money for intra day. Who dare to fail tommorrow?