Karadis just anyhow comment without knowing it. Aduh share dealing during closed period also dont know... How can we trust ur half bucket water stock knowldge and judgement
there is hint of the QR announcement date from previous company announcement that shared by you......LOLS.... look like you are more newbie than me did u see the date 23JULY2021! =========================================================
karadis This announcement represents a high probability that the director may completely release all the shares in his hand. Everyone must pay attention to risk control and fasten seat belts.
The Company had, on 06 July 2021 received the notification from Mr Chin Chew Mun, the Director of PROLEXUS that he intends to deal in the securities of PROLEXUS between 08 July 2021 up to 23 July 2021 during PROLEXUS's closed period.
@Karidis..... now i just read your post and i think u r really a joker. warrant B exercise value is 0.56 and the exercise ratio is 1:1. The 0.56 is the conversion price and not the company issue price! Dont misleading anyone with ur half bucket water knowledge. Newbie like me may get misled and die! It mean in order to convert 1 warrant B to 1 mother share, you need to pay rm0.56 + your 1 warrant B price. let say if u got ur warrant B at 0 cost , you only need to pay 0.56 to convert it to mother share (excluding some administrative expenses) and that 0.56 is to pay to the company (so company can indirectly get more funding from the warrant conversion) Company actually no need to pay any money to issue a company warrant (set aside those admin fee to pay to the investment company) ================================================================= @top_aspen @Newbieinshare @Jason
Do you know why Warrants B has not been listed yet?
There are actually conspiracies and reasons. That's why I replied @Jason said "maybe the Warrants B will list out after the bad result QR."
Think about it, everyone: 1. Is Warrants B issue free for everyone?
2. After you get Warrants B, will you consider selling it? Directly in exchange for cash?
3. If (1) & (2) your answers are both Yes. Then think about it, when you sell Warrants B, who is responsible for paying? Of course it is the person who issued Warrants B. That is Prolexus.
4. According to the announment before, the Warrant exercise price is 0.56. It means that they will buy it back at a price of 0.56 (if you sell it at the moment).
5. Assuming that the stock price continues to decline (it has fallen by 31.88%), how much should the price of Warrants B shoule be fall now?
6. Assuming that QR comes out very unsatisfactorily and the stock price continues to fall, Warrants B is released at that time. The price of Warrants B may drop directly to 0.3. At that time, Prolexus only needs to use 0.30 to buy back Warrants (if you sell at the moment). They can save 46.43% immediately. Are they very smart?
Smart but treacherous enough!
Everyone understands that how Prolexus and his team are playing the dirty games now!
@karadis I'm puzzled as to how you arrived at your conclusion that Chew Mun was selling all his shares. Or that he is selling via an offline transaction.
Hahahahaha @karadis can't even understand a simple announcement and keep saying one of the director wants to sell off all his shares. I think we can conclude that all his previous analyses are bs.
pity those who easily get influenced by other write up and cut loss..who going to compensate them..sometimes i3 forum is dangerous for those who dont have confident on the share they bought..better stay away if you dont have firm stand
If we hope that elementary school students can understand the principles of advanced function equations and how to apply them, it is difficult. So I am too lazy to alert it already. Let QR, stock price, and subsequent release facts to wake everyone up!
@karadis I'll ask a very direct question. Do you think you're smarter and more observant than most people here? I'm assuming that's who you are referring to elementary school students...
Good that you feel you're good with advanced function equations... (Haha what do you even mean by that? Binomial distributions and quadratic equations?... Just guessing).
But I think , have some humility when you speak la.
hahahaha... karadis is indeed a joker... come on la, go back to school to study what the term "dealing during closed period" means before you act like a master here...
@Newbieinshare, thanks for pointing out Karadis's low-class ignorance before I wanted to do so...
hahaha... such simple term also he didnt know, but still act like a master..
always talk nonsense... i have rumours.. bla bla bla...
Karadis, we appreciate and welcome your finding and also your concern on the stock. But demeaning other is something unacceptable. There is no guarantee on your statement, all based on assumption etc. So please respect the shareholder. We put our hard earn money on the company. I dont know if it is a sin if someone sold and suffer a loss because of your negative comments.
i3 is a good place for us get useful news, but not analysis.. I don’t know how you guys opinion.. to me all comment just for fun.. buy share must confident, don’t fifo based on others’ comment .. We must have Some FA & TA .. cheers..
Although I already 12 years in market but still a newbie.. we share & make more together ya
Hehe... Hand by Hand together TomyamGong...FYI I top up 3 times at 0.66, 0.605 & 0.535 after bi.. I holding Prlexus coz I confident.. I read all of the comment here, but still stubborn with my own decision to hold Mother & sold off wb at 0.225...
I been cut loss at MMAG, Inix and some many other cent share.. but no blaming.. accept our decision n lost is the way we can survive longer in market.. Investment must suit our own cash flow & strategy.. FA such as my rice bowl, TA is my rice..
Look! People are always blinded by greed and deceive themselves! The person who believe bad QR will cause the share price up, please buy more and continue to average down. The bad situation normally is self-inflicted.
QR should be very bad, the support point of the new round of decline is 0.45, if it breakdown, it is very likely to enter 0.35, because it's Prolexus actual reasonable price. Unfortunately, people's greed always likes to listen to good sounds, and is unwilling to face the facts.
Looking forward for the stock price to fall quietly! Boiling frogs in warm water is the excellent skill of Prolexus.
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....
Newbieinshare
2,117 posts
Posted by Newbieinshare > 2021-07-07 18:37 | Report Abuse
https://www.investopedia.com/terms/c/closeperiod.asp#:~:text=The%20close%20period%20(or%20closed,these%20results%20to%20the%20public.&text=The%20close%20period%20differs%20from,offering%20(IPO)%20is%20made.