Posted by Seasick85 > 2014-11-10 22:31 | Report Abuse

And also I still can't figured out on the first day after ex date, why the price went down until 13 cents instead of maintain at 15-16 cents... Something is really fishy..

Posted by rmjkl > 2014-11-10 22:50 | Report Abuse

I believe they have to maintain the price at below 15 cents, so that the current share holder will keep their share and exercise their -OR in order to earn the free warrant. Else if the mother share is higher than 15 cents, many people will sell their mother share and use the money to take up the rights and earn free warrant. In doing so, one has to pay nothing and maintain the same number of share but with extra free warrant.

Posted by rmjkl > 2014-11-10 22:53 | Report Abuse

If they want to push, they will only push after -OR expired.

Posted by aa111111 > 2014-11-10 23:39 | Report Abuse

Until OR due from my stupid thinking mother price is 0.14 to 0.15 and OR 0.015 to 0.020

Posted by nicholai1983 > 2014-11-11 10:30 | Report Abuse

when is OR expire?

Posted by laihung > 2014-11-11 11:06 | Report Abuse

need some advice here..what if i buy in at 0.01, and sell out at 0.015? worth buying? appreciate if any advice given..

Posted by Seasick85 > 2014-11-11 16:16 | Report Abuse

i see a trend here..everyday mother up half cent until..haha..good game..

Posted by coff33shop > 2014-11-12 00:33 | Report Abuse

seasick85..any idea for tmr? maintain 15 or higher ?

Posted by Seasick85 > 2014-11-12 06:38 | Report Abuse

coff33shop if you plan to buy OR, wait first and see the mother trend..if at least 17-18 cents then worth to buy..just in case it falls back after OR expired..if you plan to keep for some time for both warrant and mother it would be best to keep until next year around march since got some good news for new project and expected the minetec EPS to increase by that time..so its actually a good investment probably..but its your decision to decide for buying though..the company portfollio seems not to be in the positive side though from quarter finance report....my 2 cents..

Posted by Seasick85 > 2014-11-12 09:34 | Report Abuse

going up~

Posted by mrkee > 2014-11-12 09:43 | Report Abuse

they are diversifying into property development in Ipoh

Posted by mrkee > 2014-11-12 09:44 | Report Abuse

profit 28million guranteed

Posted by mrkee > 2014-11-12 09:44 | Report Abuse

28million / 665 million shares...close to RM0.05 earning per share

Posted by mrkee > 2014-11-12 09:45 | Report Abuse

small cap property developer can fetch until 10x PER...long term can hit RM0.50!!!

Posted by Stockker > 2014-11-12 09:50 | Report Abuse

But have to div over 3 years ie 1.7 sen per year.

Posted by Stockker > 2014-11-12 09:53 | Report Abuse

Trying to understand the price movement today.
Logically, SHs who do not want additional exposure should sell mother at 16 sen and buy OR at 1.5 sen, subscribe for new mother at 15 sen and get warrant at cost of 0.5 sen per warrant.

Posted by Stockker > 2014-11-12 09:58 | Report Abuse

New investors, who has no exposure now should buy OR at 1.5 sen instead of mother at 16 sen ie subscribe for 1 mother at cost 15 sen with warrant at cost of 1.5 sen.

Puzzling, so many OR sellers and high volume for mother ??

Posted by hagi > 2014-11-12 10:09 | Report Abuse

Someone is really playing with the volume. No doubt..

Posted by Seasick85 > 2014-11-12 10:14 | Report Abuse

From my point of view, short term people are selling their OR coz of panic due to mother increase, therefore high selling volume of OR and high buying volume of mother.. i still think for those with holding power can start collecting both mother n OR for long term investment..now that mother breakeven the right share purchase price, people are confident and thus translates to today's behaviour..

Posted by hagi > 2014-11-12 10:16 | Report Abuse

@Seasick85 What is the OR due date?

Posted by Stockker > 2014-11-12 10:18 | Report Abuse

If one is keen to buy, between mother and OR, should buy OR , my 2 sen view.

Posted by hagi > 2014-11-12 10:20 | Report Abuse

You are absolutely spot on Stockker. When is it due?

Posted by Stockker > 2014-11-12 10:21 | Report Abuse

Last day this Friday.

Posted by hagi > 2014-11-12 10:25 | Report Abuse

What do you mean last day? Last day to convert to mother?

Posted by Stockker > 2014-11-12 10:27 | Report Abuse

No, last day for trading of OR. Convert/payment i think sometime on 27 or 28 Nov.

Posted by Stockker > 2014-11-12 10:28 | Report Abuse

No, last date for payment is 24 November.

Posted by hagi > 2014-11-12 10:29 | Report Abuse

Could the increase be because of the recent news?

Posted by Stockker > 2014-11-12 10:41 | Report Abuse

I am just wondering whether big guns are churning to clear mother higher and buy OR.??

Posted by mrkee > 2014-11-12 10:47 | Report Abuse

@Stockker...why 3 years? I missed something in announcement

Posted by hagi > 2014-11-12 10:51 | Report Abuse

Anyone bought OR at 0.015??

Posted by Stockker > 2014-11-12 10:53 | Report Abuse

55.5 million bought at .015 sen :) :) sorry couldnt help it :)

Posted by Stockker > 2014-11-12 10:55 | Report Abuse

Usually 3 years to complete property projects eg condominium. Therefore, profit over 3 years, crude projection.

Posted by FX Lee > 2014-11-12 11:15 | Report Abuse

for your info, not neccessary to follow
minetec i sapu 500 small lot, my TP 19.5 and 24.5c

Posted by mrkee > 2014-11-12 12:51 | Report Abuse

oic...but this project already kautim...now selling

Posted by mrkee > 2014-11-12 12:52 | Report Abuse

as u see it will be recorded in Mar 2015 profits...now is just the job of selling the cakes...the cake already there

Posted by lokekiangwong > 2014-11-12 14:54 | Report Abuse

everytime , lambat

Posted by FX Lee > 2014-11-12 23:59 | Report Abuse

hope this company doing well with this new project

Posted by Seasick85 > 2014-11-13 09:09 | Report Abuse

I still don't understand as why the company release the info on their new project after the OR come out..price drop and making people panic to sell on their first OR..they should have give out the news before the announcement of right shares..not a really good management we have in minetec..

Posted by hagi > 2014-11-13 09:20 | Report Abuse

What do people keep on buying the mother??? I don't understand....

Posted by Standing.Mushi > 2014-11-13 09:33 | Report Abuse

some one is collecting massively at 0.165. expecting a good show ahead.

Posted by hagi > 2014-11-13 09:47 | Report Abuse

some one is throwing massively at 0.165. expecting a bad show ahead.

Posted by mrkee > 2014-11-13 09:54 | Report Abuse

got buyer got seller...wakakaka

Posted by Standing.Mushi > 2014-11-13 09:55 | Report Abuse

@hagi, bad show? please sell it.

Posted by Alfred Aun > 2014-11-13 10:08 | Report Abuse

How came the buy rate of this stock reach to 99% so high? does anyone know the reasons?

Posted by MartinJHLim > 2014-11-13 10:23 | Report Abuse

Not that easy to cross over the multi deckered bridge.

Posted by insightsss > 2014-11-13 16:01 | Report Abuse

DEAD

Posted by Wayne X Siong > 2014-11-13 23:45 | Report Abuse

should be ok..tomorrow will be g.g ---- 50/50 gamble

Posted by yongyou > 2014-11-14 07:53 | Report Abuse

still good to enter at this price?

Posted by huggy > 2014-11-14 10:50 | Report Abuse

Who wants to enter OR at 0.01?

Posted by Stockker > 2014-11-14 14:18 | Report Abuse

OR trades for the last day today, If buy at 1 sen and pay 15 sen to subscribe, cost of 1 new share and 1 warrant total 16 sen . Seems reasonable ?