now is approve or not approve the 38sen redemption right. if not approve will the whole exercise delay further? Do you think they can wait further? Warrant only expire in Drec 2023. Correct?
Posted by Dealova > Mar 6, 2021 1:27 PM | Report Abuse
Dude, it they the settlement is 38, ur exercise price is 4.72..
Do u think at 4.72 u exercise will be a profitable one??? Think again, it will go beyond rm5 for the share price, and that’s just recouping the loss, not profit yet.
I’m sure u guys are smart....think wisely, with ur brain, not with ur emotion.
Ular really dont understand what you are trying to say also. You want more but you dont want the minority forces to fight for you. You discourage they fight for better price by rejecting the 38sen. Then how can you get more than 38sen. I also puzzle you talked like the other one also want 45sen but dont want to reject the 38aen redemption rate offered by Lanun Bimb. You all can talk common sense abit or not. Correct?
Posted by Dealova > Mar 6, 2021 1:31 PM | Report Abuse
If the vote get no, meaning the motion stop dude, hahah, have u been to ccm...
Gosh, good luck bruh...::i wish i cud get more, but i dont wanna lose what i’ve already have.... just because i’m believing in some1 that they will try.
So what you all want now. Can have common goal or not. Bimb FD depositors depend on the minority Warrant Holders in order to win the Group Grand Lucky Draw sponsored by Lanun Bimb. You all better discuss what is the best for Bimb FD depositors ok. Dont fight bcos of own EGO ok. Must always think of us BIMB FD depositors ok. Correct?
How you know the motion failed all the warrant holders will lose. Dont you think they delay over 1 year already can delay further without nego with warrant holders again. You also guessing also right. If that the case you can sell your warrant now. Why still want to wait. Correct?
Posted by Dealova > Mar 6, 2021 2:20 PM | Report Abuse
Bcoz if the motion failed, all of us will lose, and if u wanna wait for another 2 years to exercise, that is totally fine, but the exercise price of 4.72 does not even sensible anymore, because we already lose 38sen. The risk is huge for a small player like me. U can nego, but if they dont agree, what else? Motion stop...be in limbo for 2 years, our warrant got zero value, we record a loss.
Can nego, but any vote to say no meaning that everyone is foregoing 38sen. That’s my point.
If you scare you can choose to redeem your BIMB FD earlier and of course you will not entitle full amount of 38sen and dont have the chance to participate the Group Grand Lucky Draw also lah. The choice is your. No one can force you to choose you own choice bcos this is your money. Correct?
Look like you are very greedy lah. Dont want to fight together with the minority warrant holders but want to enjoy the maximum benefit out of it. Like this Ular also dunno what to say lah. Ular can only suggest you shut up and dont against the minority warrant holders to carry out their last battle with the Lanun Bimb. Ok. Can oe Not. Fare right. Correct?
Posted by Dealova > Mar 6, 2021 2:31 PM | Report Abuse
It’s a combined proposal, vote fail means the whole things will stop. I am not selling because i want the 38sen. Unless u want to pay me rm1, more than willing to sell, hahaha.
Why need to sell when you think they afraid the deal will fell off ? Some investors bought from 0.360-370 recently is totally go for arbitrage play (can get 3-5%) return,much better than FD. they need to wait 0.38 to redeem. Not for like what you expect to get 0.80;RM1,RM1.5 the crazy demand.of course can demand in egm,what about management refuse your demand,ask you to go for vote,so what should you do?
Hello Mr ular,I said if want to fight for 0.80 is ridiculous,0.45 is more reasonable. I didn't say cannot fight for higher price.but how to fight,if you try to threaten the management to vote for reject then you please go ahead
For those try to threaten to vote for against if management refuse to agree price demand like 0.80 or more..please do yourself,no need to gather companions
The BIMB management can wait for 3years after the warrant expired then resubmit again the exercise.it is not their fault, because warrant holders not approved.but your warrant will become 0 at the end if mother share is still below RM4.72. who said impossible? Who can guarantee mother sure will surpass 4.72 within next 3years?
If you strongly believe you can fight for 0.80,no need to tell those afraid the price will drop to sell early if the deal goes off.market currently can easily buy from .036-0.38 anytime,you can buy as much as you can I think the supply is more than enough,
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....
UlarSawa
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Posted by UlarSawa > 2021-03-06 13:35 | Report Abuse
now is approve or not approve the 38sen redemption right. if not approve will the whole exercise delay further? Do you think they can wait further? Warrant only expire in Drec 2023. Correct?
Posted by Dealova > Mar 6, 2021 1:27 PM | Report Abuse
Dude, it they the settlement is 38, ur exercise price is 4.72..
Do u think at 4.72 u exercise will be a profitable one??? Think again, it will go beyond rm5 for the share price, and that’s just recouping the loss, not profit yet.
I’m sure u guys are smart....think wisely, with ur brain, not with ur emotion.
Again, believe that people can fly....hahahahah