Posted by CharlesT > 2022-10-27 17:42 | Report Abuse

https://klse.i3investor.com/web/blog/detail/rights_of_minority_shareholder/2022-09-26-story-h1649280373

Posted by jessc2323 > 2022-10-27 17:58 | Report Abuse

thx bro for sharing

Posted by Sharefisher > 2022-10-28 09:01 | Report Abuse

Today got vrommmm bo? Haha ha

Posted by Sharefisher > 2022-10-28 09:15 | Report Abuse

Or vrommmm down today? Haha ha...,

Posted by DestinyL > 2022-10-28 09:28 | Report Abuse

Vrooom down then vrooom up?

Posted by Sharefisher > 2022-10-28 09:45 | Report Abuse

Haha ha....need to ask the vrommmm guy..

Posted by Sharefisher > 2022-10-28 10:13 | Report Abuse

Looks like big legs slowly release the tickets.

Posted by DestinyL > 2022-10-28 11:25 | Report Abuse

Come on vrooom guy lol

Posted by DestinyL > 2022-10-28 11:39 | Report Abuse

Seems like selling pace has almost slowed to a halt?

Posted by Sharefisher > 2022-10-28 12:11 | Report Abuse

Will come... My gut feeling only... Haha ha....

Posted by Sharefisher > 2022-10-28 12:14 | Report Abuse

Big leg is releasing at 0.495 and 0.5, you can see the transection details.

Posted by DestinyL > 2022-10-28 12:21 | Report Abuse

Pace is getting slow

Posted by Sharefisher > 2022-10-28 12:35 | Report Abuse

Hope new big leg is coming to support... I am still 2 floor above... Celaka.

Posted by GoldenShares > 2022-10-28 15:25 | Report Abuse

wait and see, : )

Posted by dompeilee > 2022-10-28 15:32 | Report Abuse

Don't pay EPF to escape from a sinking ship!

Posted by Sharefisher > 2022-10-28 16:54 | Report Abuse

Slowly released to buyers....

Posted by AlfI3 > 2022-10-29 05:53 | Report Abuse

Buyers oso pulled handbrake, can see from d queuing strength. No joke....!

Posted by Sharefisher > 2022-10-31 07:41 | Report Abuse

This week need to monitor sp closely..... Going to collect last average down batch. Hope can get a good price.

Posted by DestinyL > 2022-10-31 10:25 | Report Abuse

Sudah bangun, can last?

Posted by trader808 > 2022-10-31 11:24 | Report Abuse

would you subscribe for the RCPS?
Assuming you have 100 existing shares,than you are allotted 67 rights to subscribe for the rcps at 38sen. The 67 RCPS can be subsequently converted into 32 mother shares.
If you subscribe you would have to pay 67x38= Rm25.46
It can be converted into 32 mother share and at current price of 50sen it also means the the value of your shareholdings is only 32x50= Rm16.
Hence, you pay 25.46 for something that is worth 16. Would you?

At the current price of 50sen and the predetermined conversion ratio of 67 : 32 means the conversion price is (67 x 38)/32 =79.5sen. This is 29.5sen above the current price of 50sen or 29.5/50 = 59% premium.
The good thing about the rcps is that it comes together with 5.43% interest payment. It will be quoted and listed in 2 day's time. Except for the 5 year time value, it has no intrinsic value. Therefore, any meaningful value ascribe to the Offer of rights is least expected. This is my personal perception and it may be incorrect.

Posted by 80gram > 2022-10-31 14:49 | Report Abuse

that's true...so, now that PNB and EPF (combined at around 70%?)are willing to pump in money that effectively pricing the shares at RM0.80 per share...maybe, that should cap the downside

Posted by Sharefisher > 2022-10-31 14:52 | Report Abuse

Should have some support testing before move up..... No rush.... Giant leg may be still around.

Posted by Sharefisher > 2022-10-31 15:03 | Report Abuse

Giant leg is coming again? Haha ha

Posted by Sharefisher > 2022-10-31 15:11 | Report Abuse

Typical way of passing us the tickets...... Haha ha

Posted by 1invest1 > 2022-10-31 15:34 | Report Abuse

Sharefisher seasoned savvy smart investor
A long-term investor (1 - 3 yrs)
Most of the time, maybe 90+ : 10- he wins.
A long-term player who knows mkt in-out.

Posted by Sharefisher > 2022-10-31 16:52 | Report Abuse

Uncle not savvy lah... Last round big jump also I missed... Haha ha...,

Posted by 1invest1 > 2022-10-31 17:32 | Report Abuse

Sharefisher, I have faith in you.

Posted by DestinyL > 2022-11-01 09:29 | Report Abuse

Get a room guys lol

Posted by DestinyL > 2022-11-01 09:29 | Report Abuse

Ex dy... watch the show

Posted by DestinyL > 2022-11-01 09:37 | Report Abuse

Same pattern? Morning pump afternoon gets dumped? lol

Posted by Sharefisher > 2022-11-01 10:08 | Report Abuse

Don't see huge buy q like yesterday, see first.

Posted by DestinyL > 2022-11-01 17:40 | Report Abuse

Same same only

Posted by DestinyL > 2022-11-02 11:23 | Report Abuse

Action!

Posted by imbravo > 2022-11-02 11:26 | Report Abuse

Yes, action!!!

Posted by troy88 > 2022-11-02 11:49 | Report Abuse

congrats for those who fished at the bottom!

Posted by imbravo > 2022-11-02 11:49 | Report Abuse

sold

Posted by DestinyL > 2022-11-02 11:53 | Report Abuse

Good company at rubbish price, no brainer

Posted by DestinyL > 2022-11-02 11:57 | Report Abuse

Possibly EPF been pushing down the price 2 weeks ago, and then gradually buyback

Posted by nasgee > 2022-11-02 11:59 | Report Abuse

vrommmmmmmm uppssss cissss

Posted by Sharefisher > 2022-11-02 13:12 | Report Abuse

Celaka.... Up so much.... Haha ha

Posted by Sharefisher > 2022-11-02 13:13 | Report Abuse

Not yet average down..... Never say never

Posted by CharlesT > 2022-11-02 13:24 | Report Abuse

PNB so kind to give Christmas presents u guys dont want to take

Posted by cedcan > 2022-11-02 13:25 | Report Abuse

Cut loss last week, today baru naik?!

Posted by CharlesT > 2022-11-02 13:26 | Report Abuse

The recent sharp drop due to the rights issues is ridiculous

Posted by taitaumau > 2022-11-02 14:09 | Report Abuse

Re: RCPS-C, a salient term on dividend rate at 5.43%

The RCPS-i C shall carry the right to receive preferential dividends, out of the distributable profits of our Company earned from the 1st day of the calendar month following the Issue Date (“Profits”),

- Definition of Profit ; Distributable profit earned after DATE OF ISSUE.

- May i assume that there is NO "profit" at start to frank any such dividend ?
ie to say, if there is no or insufficient profit at date of entitlement, dividend rate might be lower than 5.43%

Recent Circular to Shareholders provides some illustrations on the mechanism of dividend payment.

Posted by imbravo > 2022-11-02 14:36 | Report Abuse

just sold this afternoon, plan to buy back later once drop below 0.5

Posted by DestinyL > 2022-11-02 14:48 | Report Abuse

2nd round?

Posted by DestinyL > 2022-11-02 14:48 | Report Abuse

Vrooooom?

Posted by rchi > 2022-11-02 14:52 | Report Abuse

Hoot9e

Posted by DestinyL > 2022-11-02 14:54 | Report Abuse

Muahahahaha..... vroooooom