The RCPS shall carry the right to receive a fixed preferential dividend at the rate of 16% per annum, calculated based on the total subscription price paid on each RCPS by LTAT (par value and the premium), to be paid in cash upon redemption of the RCPS.
we will sell everything in RM0.990 as per first target. If your announment of RM1.30 is reliable, we will do second round from lower entry price. thank you for info. trade cautiously unless you know what they want.
One thing positive I can think of magna is their property project in melbourne. If they managed to book in profit now when the RM is weak, it will be a bonanza
Not suggesting anybody should buy. Don't blame me if things don't work out
DuitKWSP, yes according to many groups, tomorrow will be another green day to hit around RM1, that time everybody bought today will have made their profit...
I think the real controller here is hard yan Zan as he posted it after the first intermediate wave this morning. Hope he can enlighten us more about Magna.
according to the insider info, yesterday after the directors meeting of Magna, they have approved all their proposal, soon will be in newspaper. that time this stock will start to behave like crazy.
They say their land beside renaissance mall has been revalue and this will cause an increase of their upcoming dividend, if this news release to public, the price will stimulate up...
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....
cyctailor
53 posts
Posted by cyctailor > 2014-08-16 10:32 | Report Abuse
Going to be PN17