Market will determine how much the warrant will be during it listing...could be 10 sen, could be 15 sen or could be 20 sen..etc...nobody know. PLS for sure got good potential with it oil palm plantation (with current level of CPO price) & durian business + this is Lim Kang Hoo's company.
Boohyeah, apparently you are not company news survey. Please refer to theedgemarkets.com dated 26th Dec2019, in which the company announced that it has diversified into durian business. The reason for the low volume traded is directors are holding the chunk of the shares.
may I ask a question that I received message said UNCONDITIONAL MANDATORY TAKE-OVER OFFER BY EKOVEST BERHAD TO ACQUIRE ALLTHE REMAINING ORDINARY SHARES IN PLS PLANTATIONS BERHAD NOT ALREADY HELD BYTHE OFFEROR FOR A CASH OFFER PRICE OF RM0.95 PER OFFER SHARE What is that mean? will it affecting the current shares I hold in this account?
PLS Plantation Bhd has bought 14.81 acres of land in Raub, Pahang for RM11.5 million to expand its durian cultivation business. It said its wholly-owned subsidiary Ikhlasi Bina Sdn Bhd is acquiring the Raub land from Kit Ming Sawmill Sdn Bhd. The group intends to fund the acquisition via a combination of internally-generated funds and bank borrowings, and expects this acquisition to be completed by the first quarter of 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....
Trader1188
251 posts
Posted by Trader1188 > 2020-02-17 11:22 | Report Abuse
@Invest_168, 10 cent warrant sounds cheap? Does it have good potential? Worth to invest?