PP priced below market is bad to the issuer and very unfair to existing shareholders. The company that issue such shares below market will not obtain fair value from the issue and the shareholders are deprived of opportunity to buy the cheap shares. Shareholders should get the first right to such below market offering. For the chosen subscribers for such PP can make fast and easy gains without risk!
@EatCoconut; The CEO is definitely not brainless but smart and cunning. Some well connected and friendly parties got chosen to be given cheap shares to the detriments to both the company and shareholders!
now u sell bcoz scared of PP, later u chase high, then u keep repeating the same, people buy u buy, people sell u sell, then u complain trading/invest bursa is a scam...haiyya
If I'm an investor and I'm going to take placement at RM1.55, I don't expect the market price to be at RM1.55...the support is higher than that...there is a premium
aax never makes any good money since listed....always loss money. Now Tony is begging Bankers to help but when ask to see "Real" AAx Books, Tony conveniently say they were on MH370, cannot be found!! I donT know how Tony can raise RM50mil but if aax get Delisted, Tony will surely go Bankrupt...holding 30% shares thru Tune and AA
That's how the world works...you buy in bulk you get a discount, you pay in cash you may get a discount...if you have 10s of millions and you use it properly, I'm sure you'll get discounts as well...
The airline had previously reduced its fleet size to nine aircraft from 24 over the course of its operational hibernation amid the Covid-19 pandemic. Between March 2022 and May 2023, AAX has added eight aircraft to its fleet, bringing its total fleet size to 17 aircraft, with 11 fully activated and operational to-date. It said it is working towards having more aircraft fully activated and operational by the end of the year.
Affin Banking Group ("Affin Group") has agreed to transfer its controlling stake in Affin Hwang Asset Management Berhad ("Affin Hwang AM") to CVC Capital Partners Asia Fund V Nikko Asset Management is one of Asia’s largest asset managers, with 203.9bn USD* under management These are the investors ,, the companies are their shariah arm :)) Stop crying PP price cheap and dont be shock when it close black or even green
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
MQ Trader 288 views | 1 d ago
0:17
New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
MQ Trader 476 views | 5 d ago
0:17
New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings Bhd aims to list on the Ace Market!
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....
Income
10,638 posts
Posted by Income > 2023-05-23 07:34 | Report Abuse
Now let one Tikus talking to himself at Insas. 🤣