When other glove counters up don't follow, when others glove counter drop will follow... Useless company better don't buy.... Build up new factory just to cheating money.
50% drop aft announce new factory! Ironic instead of iconic. Better ignore Bursa at all, no better counter especially penny stock , even non-penny stock also many turn penny by our PM-8, PM-9 and soon PM-10
The drop begin on the day after the news release on completes PPE facilities . Seem like insider know problem will come and company not making profit at all plus over-supply all gloves PPE
Sigh, myself ep at 0.36 multiple average down but still loss 20+%. Apa Macam abang? HC up this shitty icon drop, hc drop this shitty icon drop more. Sad
Director Company listed in bursa is same as Politician on the cabinet You think they care the shit of us? Your money is their money , their money is none of our business
On behalf of the Board, M&A Securities wishes to announce that the Company has fixed the issue price of the Placement Shares at RM0.2610 each.
The aforementioned issue price of RM0.2610 per Placement Share represents a discount of approximately RM0.0284 or 9.81% from the five (5)-day weighted average market price of Iconic from 15 December 2021 to 21 December 2021 of approximately RM0.2894 per Share.
PRIVATE PLACEMENT OF UP TO 20% OF THE ISSUED ORDINARY SHARES IN ICONIC Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the previous announcements in relation to the Private Placement.
On behalf of the Board, M&A Securities wishes to announce that the Company has fixed the issue price of the Placement Shares at RM0.2610 each.
The aforementioned issue price of RM0.2610 per Placement Share represents a discount of approximately RM0.0284 or 9.81% from the five (5)-day weighted average market price of Iconic from 15 December 2021 to 21 December 2021 of approximately RM0.2894 per Share.
===================== Dilution of shareholdings and EPS NOSH continue to increase
Montior 1. frequency of fund raising via shares issuance to ESOS, PP 2. quarterly results 3. directors utilisation of company fund, whether it benefits company and shareholders
Yea the boss is another con boss, guess may have another sell down 50% just like the last news on the completion of batu kawan factory it dropped 50%. Now fda approved iconic glove plus multiple rounds of private placement. Another 50% drop is coming.
Our gov is far more worst than bursa. Stock price only up or down, but gov is jump in or out like frog . Every single authority with power is corrupted even the stock market authority
All good news is bad news if the price go down - Just like the announcement of new factory that causing 60% drop in share in such short period time Some news is just for the shark to sold their share to bilis
Involve issuance of new type/class of securities ? No Types of corporate proposal Private Placement Details of corporate proposal PRIVATE PLACEMENT OF UP TO 20% OF THE ISSUED ORDINARY SHARES IN ICONIC No. of shares issued under this corporate proposal 80,700,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.2610 Par Value($$) (if applicable) Malaysian Ringgit (MYR) 0.000 Latest issued share capital after the above corporate proposal in the following
Units 562,353,272 Issued Share Capital ($$) Malaysian Ringgit (MYR) 148,916,212.650 Listing Date 30 Dec 2021
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....
ssboy
1,315 posts
Posted by ssboy > 2021-11-25 10:02 | Report Abuse
Don't buy, hopeless counter