OMESTI BHD

KLSE (MYR): OMESTI (9008)

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Last Price

0.15

Today's Change

0.00 (0.00%)

Day's Change

0.135 - 0.155

Trading Volume

2,292,700


7 people like this.

1,717 comment(s). Last comment by curiousq 1 week ago

rach88

26 posts

Posted by rach88 > 2020-12-11 15:09 | Report Abuse

go go go....

Posted by Stanley Chong > 2020-12-28 12:00 | Report Abuse

still sleeping...lucky sold early.

MaBadri

945 posts

Posted by MaBadri > 2021-01-02 08:39 | Report Abuse

Just started the engine

Posted by SpicyMcDeluxe > 2021-01-05 11:56 | Report Abuse

kekw

Posted by goldenamour > 2021-01-05 14:29 | Report Abuse

anyone noe the reason of recent ups?

xaxaaxa

69 posts

Posted by xaxaaxa > 2021-01-05 17:02 | Report Abuse

hehehe coming in few more days

Posted by Asrulqueresma > 2021-01-05 17:24 | Report Abuse

OMESTI mesti fly

bulldog

12,157 posts

Posted by bulldog > 2021-01-06 07:17 | Report Abuse

Accurate in progress

Huat chaiii

bulldog

12,157 posts

Posted by bulldog > 2021-01-06 07:17 | Report Abuse

Accurate in progress

Huat chaiii

nasgee

732 posts

Posted by nasgee > 2021-01-06 09:23 | Report Abuse

yupppp hensemmm

Posted by smartmove100 > 2021-01-06 09:40 | Report Abuse

yes ...on track

Ongme88

54 posts

Posted by Ongme88 > 2021-01-06 10:15 | Report Abuse

Any news?

cccthierry

323 posts

Posted by cccthierry > 2021-01-06 15:14 | Report Abuse

apa lj ni

Ongme88

54 posts

Posted by Ongme88 > 2021-01-06 15:29 | Report Abuse

Oppps being washed off sob sob

xaxaaxa

69 posts

Posted by xaxaaxa > 2021-01-06 17:52 | Report Abuse

anwar kacau

Posted by PennyStock123 > 2021-01-21 17:18 | Report Abuse

kacau daun

emo

55 posts

Posted by emo > 2021-02-04 17:15 | Report Abuse

DATO SRI THONG KOK KHEE Acquired OMESTI 100,000 shares

sammofee

215 posts

Posted by sammofee > 2021-02-04 19:25 | Report Abuse

huat ah

Posted by Marcolos93 > 2021-02-07 23:05 | Report Abuse

Fly high lahh

caonima

323 posts

Posted by caonima > 2021-02-11 09:36 | Report Abuse

7181 wan wash how long?

caonima

323 posts

Posted by caonima > 2021-02-11 10:37 | Report Abuse

langsung takde guna betul punya counter...

CharlesT

14,572 posts

Posted by CharlesT > 2021-02-19 13:56 | Report Abuse

Should b the similar pattern like Insas...

Not much of meat i guess

Peace99

2,233 posts

Posted by Peace99 > 2021-02-19 14:01 | Report Abuse

RPS ex-date is 5mar. Terms and conditions look good to me: right/share=0.2, free warrant/RPS=3.5, tenure is 5 yrs, interest 5%/yr. So, expecting price to move upwards.

Peace99

2,233 posts

Posted by Peace99 > 2021-02-19 14:04 | Report Abuse

RPS is to fund their project: 95 million contract with TM. Legitimate cause.

anzhsb

380 posts

Posted by anzhsb > 2021-02-20 01:31 | Report Abuse

I didnt see the conversion price for the warrant ?

JoyOhi

165 posts

Posted by JoyOhi > 2021-02-20 21:30 | Report Abuse

Right issue if for debt its bad thing, but if for expansion then it is good. After looking at their AFS this company does not have much debt, many debt maturity for long term only.Recently it got technical pullback, looking at FA this company got good business prospect, with the implementation of nationwide digitalization can expect more growth for Omesti.

Peace99

2,233 posts

Posted by Peace99 > 2021-02-22 08:17 | Report Abuse

Anzhsb: conversion price for warrant is 50sen.

Peace99

2,233 posts

Posted by Peace99 > 2021-02-22 08:23 | Report Abuse

CharlesT, yes similar to India's, but interest is 5%instead of 3.8%,and number of free warrants per RPS subscribed is 3.5 instead of 2.5. Can you calculate the potential gain if mother is say 58-60sen?

Peace99

2,233 posts

Posted by Peace99 > 2021-02-22 08:27 | Report Abuse

JoyOhi, I fully agree with you about RI. In fact, my past 1year rewarding experience made me keep looking for RI, lol

CharlesT

14,572 posts

Posted by CharlesT > 2021-02-22 08:30 | Report Abuse

Posted by Peace99 > Feb 22, 2021 8:23 AM | Report Abuse

CharlesT, yes similar to India's, but interest is 5%instead of 3.8%,and number of free warrants per RPS subscribed is 3.5 instead of 2.5. Can you calculate the potential gain if mother is say 58-60sen?

One RPS comes with 2.33WA...not 3.5WA...check betul betul lah

RENOUNCEABLE RIGHTS ISSUE OF UP TO 119,775,812 NEW REDEEMABLE PREFERENCE SHARES ("RPS") IN OMESTI TOGETHER WITH UP TO 279,476,894 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 1 RPS FOR EVERY 5 EXISTING ORDINARY SHARES TOGETHER WITH 7 FREE WARRANTS FOR EVERY 3 RPS SUBSCRIBED FOR, AT 5.00 P.M. ON 8 MARCH 2021 AT AN ISSUE PRICE OF RM1.00 PER RPS ("RIGHTS ISSUE OF RPS WITH WARRANTS")

CharlesT

14,572 posts

Posted by CharlesT > 2021-02-22 08:32 | Report Abuse

Can you calculate the potential gain if mother is say 58-60sen?

If mother touchs Rm1.00 or RM2.00 then potential gain is even much higher lah....if lah...if only u can fly

CharlesT

14,572 posts

Posted by CharlesT > 2021-02-22 08:33 | Report Abuse

If stock mkt is just like simple kindergarden maths...if.....

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-02-22 08:47 |

Post removed.Why?

Justin328

480 posts

Posted by Justin328 > 2021-02-22 09:42 | Report Abuse

only buy RPS then only can entitle free warrant 119,7751812/3*7 = 279,476,812
RPS entitle interest, and will direct pay back RM1 after maturity

Peace99

2,233 posts

Posted by Peace99 > 2021-02-22 14:30 | Report Abuse

@CharlesT Thank you for correction. You are right, it's 7/3=2.33...i mistook 7/2 :(

Peace99

2,233 posts

Posted by Peace99 > 2021-02-22 14:33 | Report Abuse

Ya, not saying it's kindergarten math, but think some calculations can give some guidance.

Peace99

2,233 posts

Posted by Peace99 > 2021-02-23 07:25 | Report Abuse

CharlesT, did the kindergarten math assuming exercise warrant, pls check, hope no mistake: Let m0 be price of mother bought in sen, m1 price of mother after warrant exercised, so the gain% is:((m1-m0)+2.33(m1-50))/(m0+2.33×50). Plus the 5%interest.

Peace99

2,233 posts

Posted by Peace99 > 2021-02-23 08:20 | Report Abuse

In other words, to get more than the 5%, (from the numerator), the condition is m1>0.3m0+35.eg1.m0=50,m1>50(obviously). Eg2. m0=55,m1>51.5. eg3.m0=60, m1>53. In words, eg2 says if buy mother at 55sen now, and mother is more than 51.5 after warrants conversion than gain will be more than the 5%.Of course also assuming you have not sold the original mother bought at 55sen. Yes, there are quite a few it's, but my intention is just to get some numbers to have a feel of what I am getting into. I feel the chance of getting more than 5%is high, but you judge please.

Peace99

2,233 posts

Posted by Peace99 > 2021-02-23 08:23 | Report Abuse

quite a few ifs....

CharlesT

14,572 posts

Posted by CharlesT > 2021-02-23 08:30 | Report Abuse

Nevertheless, worths a bet

pastihuat

81 posts

Posted by pastihuat > 2021-02-23 10:59 | Report Abuse

tech is down due to Nasdaq and so probably an opportunity here

pastihuat

81 posts

Posted by pastihuat > 2021-02-23 11:43 | Report Abuse

seems like buyers are coming after drop for past few days ?

Peace99

2,233 posts

Posted by Peace99 > 2021-02-23 13:00 | Report Abuse

Am investing in this counter, looks quite safe, as a form of diversification of my investment, haha!

Ken1008

66 posts

Posted by Ken1008 > 2021-02-23 13:46 | Report Abuse

Operator should mk Mother price more attractive inorder to attract more investors to buy the RPS.

Posted by ganazhunter2 > 2021-02-23 14:18 | Report Abuse

how come the rps price more than mother current price..omg

pastihuat

81 posts

Posted by pastihuat > 2021-02-23 14:41 | Report Abuse

resistance at 0.575 then should go up further

pastihuat

81 posts

Posted by pastihuat > 2021-02-23 15:56 | Report Abuse

almost there go go go

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