Posted by ganazhunter2 > 2021-02-23 17:30 | Report Abuse

dont think so..the rps value is higher than the stock price.. this is not good sign.

Posted by Justin328 > 2021-02-23 22:37 | Report Abuse

5% interest is more than FD can consider......

Posted by JoyOhi > 2021-02-24 03:14 | Report Abuse

We are to follow Nasdaq, been down several days I am guessing NQ to be green this thursday only then Omesti able to rebound again. For now omesti might be trading within the range of 0.545-0.555.

Posted by Peace99 > 2021-02-24 10:41 | Report Abuse

Ganazgunter2, By rps price you mean the RM 1?I thought no relation between this and the mother price, because the 5% interest is based on the RM1, in other words if RM2,then it's 5%of RM2. Please explain.... maybe I salah faham

Posted by wee2000 > 2021-02-24 21:30 | Report Abuse

the interest 5% is fixed at rm1, no matter how high or low it goes.

Posted by Peace99 > 2021-02-25 09:19 | Report Abuse

wee2000, thanks for confirmation.
JoyOhi, looks like you're right, omesti is going back up.

Posted by Peace99 > 2021-02-25 09:53 | Report Abuse

Just to clarify....my calculation given on 23 Feb was incomplete because need to subscribe to the RPS(RM1) to get the free warrants, so this must be included in the cost if we want to calculate the overall gain...

Posted by Edwardong53 > 2021-02-25 10:05 | Report Abuse

Can we convert the RPS to ordinary shares at the conversion price ?

Posted by Peace99 > 2021-02-25 13:46 | Report Abuse

No, you pay RM1 for the RPS and you get 5%(5sen)per annum and at end of 5years, you get back your RM 1. And for each RPS subscribed, you get 2.33 free warrants. And as a gentle reminder, for each mother share bought BEFORE the ex-date（5mar), you get 0.2right. Hope this is clear. Nice day.

Posted by Edwardong53 > 2021-02-25 16:13 | Report Abuse

Meaning we cannot sell the RPS in the Bursa b4 its maturity ?

Posted by Peace99 > 2021-02-25 21:59 | Report Abuse

@edwardong, the RPS will be listed on Bursa on 7 April. So Can sell.

Posted by Peace99 > 2021-02-25 22:13 | Report Abuse

Before subscription, RPS will be traded from 9-15 mar.

Posted by Peace99 > 2021-02-25 23:16 | Report Abuse

As a possible plan: say buy 15000 mother (for about RM 8300), receive 3000 RPS (RM 3000 for subscription), will receive 7000 free warrants. Please adjust plan to suit individual taste, just remember you don't want to end up with odd lots. If you detect a mistake, pls let me know Thanks.

Posted by wee2000 > 2021-02-27 09:07 | Report Abuse

rps gives u fixed dividend 5% yearly. company will buy back at rm1. U may compare this privilege with other companies...
future prospect, acquired TM project.

Posted by wee2000 > 2021-02-27 09:08 | Report Abuse

but this counter is not really associated with any tech sectors price movement. TAYOR

Posted by Peace99 > 2021-02-27 18:48 | Report Abuse

Any comment on Omesti BR-IDGE, a digital platform for business registry bodies, as reported in Edge, on 9 July 2020?

Posted by AlfI3 > 2021-03-01 02:18 | Report Abuse

Ya, indeed Omesti had not been moving much like other tech stocks recently. But shud b pptentially growing fast after completion of d RI exercise for future expansionary projects

Posted by 4444 > 2021-03-03 13:51 | Report Abuse

Cannot up better sell buy other counter.

Posted by wee2000 > 2021-03-03 18:12 | Report Abuse

this fri is the ex date, need to own it by thurs 5pm to get free rcps.

Posted by Peace99 > 2021-03-04 09:19 | Report Abuse

Ya, today is last day to buy to get free rcps.If want to participate, buy soon before price goes up

Posted by sraaz79 > 2021-03-05 10:24 | Report Abuse

eh! what happen gap down kaw kaw?! (sorry newbie here)

Posted by wee2000 > 2021-03-05 13:50 | Report Abuse

Its because of throw down from investor. T.o supposed to be 0.55. those holding shares yesterday, will have PR credited on Monday. Means u will get some free PRs on coming monday, which u can sell it off if don't wish to subscribe the exercise.

Posted by sraaz79 > 2021-03-05 14:37 | Report Abuse

o i c...thank you sir. very kind and patient of you explaining to me.

Posted by rwsrws > 2021-03-05 17:16 | Report Abuse

Lets say i have 1000 omesti shares, on Monday i will get Omesti-PR shares? How many in total? And what does PR means?

Posted by wee2000 > 2021-03-05 23:32 | Report Abuse

5 omesti share, u get 1 PR. if u have 1000 share, u will get 200 PR.

u can convert PR to PB(preference share), by paying rm1 for each conversion. together with free warrants too. Try to read the announcement, all details will be stated there

Posted by wee2000 > 2021-03-05 23:33 | Report Abuse

If u do not wish to convert it, sell your PB within a week. Else, it will be burnt.

Posted by Candlesticks > 2021-03-09 09:49 | Report Abuse

is 0.2 right price to sell?

Posted by CharlesT > 2021-03-09 10:14 | Report Abuse

1 PR (Rm0.185) + RM1.00 = Rm1.185 u will get 1 PS + 2.33WA

Basing on Insas PB's price, Omesti PA may trade at Rm0.90.

Thus yr cost of 2.33WA = RM0.285 or ard Rm0.122 per WA

Posted by Candlesticks > 2021-03-09 10:35 | Report Abuse

@CharlesT meaning? sorry for being noob

Posted by Justin328 > 2021-03-09 12:20 | Report Abuse

if trade at RM0.90 against with paying 5% interest should be much better right?

Posted by Justin328 > 2021-03-09 12:22 | Report Abuse

0.05/0.9 = 5.5555% interest rate is better than epf dividend

Posted by Justin328 > 2021-03-09 12:26 | Report Abuse

please refer page 37

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=204981&name=EA_DS_ATTACHMENTS

Posted by wee2000 > 2021-03-09 12:27 | Report Abuse

dividend is payable based on fixed rm1. even if share price is rm0.90, dividend is still paid at 5% of rm1.

Posted by CharlesT > 2021-03-09 12:28 | Report Abuse

Candlestick, I think at this level maybe better to subscribe io selling yr PR.

Anyway, Insas's rights issue performance is so so only.

Posted by Justin328 > 2021-03-09 12:29 | Report Abuse

yes i understand, i mean if after listing the price go lower then $1

Posted by Justin328 > 2021-03-09 12:31 | Report Abuse

and after mature company will return to me based on $1 very fair

Posted by wee2000 > 2021-03-09 13:02 | Report Abuse

For mother share holder, insas exercise offers better deal, if we compare both RI announcement VS today's OMESTI trading price.

Posted by CharlesT > 2021-03-10 14:14 | Report Abuse

1 PR (Rm0.125) + RM1.00 = Rm1.125 u will get 1 PS + 2.33WA

Basing on Insas PB's price, Omesti PA may trade at Rm0.90.

Thus yr cost of 2.33WA = RM0.225 or ard Rm0.098 per WA

If mother share can stand above Rm0.50 I think WA can trade above Rm0.10

Nevertheless, not much of meat

Posted by CharlesT > 2021-03-10 14:15 | Report Abuse

Seems like Kok Kee has to sapu a lot of the rights issues unsubscribed by the shareholders

Posted by CharlesT > 2021-03-10 14:29 | Report Abuse

Assuming u bought mother share at 0.55 b4 ex date, yr cost of PR is RM0.40 (RM0.55-RM0.47=RM0.08 x 5= RM0.40)

PR is now RM0.12, u suffer a loss of 70%....much worse than Insas PR

Posted by wee2000 > 2021-03-10 18:53 | Report Abuse

Hope they will push up the prices. If not, where to find subscriptions from investors...

Posted by bgt9963 > 2021-03-10 19:17 | Report Abuse

Never mind, they will reward you kaw kaw...!

Posted by AlfI3 > 2021-03-14 21:56 | Report Abuse

Hi, anyone can advise y d RI is so unattractive & dropped till so low?

Posted by yjasonng2020 > 2021-03-15 08:01 | Report Abuse

https://twitter.com/JJ39132147/status/1371249922134085633?s=19

Posted by firehawk > 2021-03-15 15:56 | Report Abuse

Theoretically, the price of Omesti PA (to be listed) would be higher than Insas PB,
due to dividend 5% vs 3.8% !

Posted by firehawk > 2021-03-15 16:13 | Report Abuse

Justin328 0.05/0.9 = 5.5555% interest rate is better than epf dividend
09/03/2021 12:22 PM
----------------------------------------------------

if hold until to the end, the rate would be higher (>7.5%), bcos the capital 0.90 will get back 1.00!

Posted by wee2000 > 2021-03-18 19:35 | Report Abuse

Tuesday is payment date. Do u think many will subscribe?

Posted by AlfI3 > 2021-03-19 07:51 | Report Abuse

Very low daily volumes being observed for d last 10 days, no sign of investors attraction. D comp needs to work very2 hard to promote dis counter. It looks like a failure corporate excercise

Posted by CharlesT > 2021-03-19 18:02 | Report Abuse

Kok Kee has to go Along to find money

Posted by AlfI3 > 2021-03-22 07:28 | Report Abuse

Anyone hav idea wat wud b d conversion/exercise prc for d new warrant & new preference share to mother share after its coming listing?