Those who had subscribed and allotted LCTITAN shares have now lost more than 30% of their capital. What a pity. If the company had not lowered the IPO price from RM8 to RM6.50, investors would have lost much more. Small investors feel they have been fleeced.
Just accumulate more, hold it.at least a year..enjoy your 0.25 per share dividend and ignore naysayers. One man's pessimist is another man's opportunity. Also, don't time the market for entry. You might as well go Genting and gamble.
ant na de FGV ..... play out by the korean .... korean taken all moniy back home .... verevy soon go don to 1.80 .... hahahaha .... had to finance 2.58B imdb ma .....
KUALA LUMPUR (Aug 1): 1Malaysia Development Bhd (1MDB) has missed its 12 noon-deadline today for a US$602.75 million payment to Abu Dhabi's International Petroleum Investment Co (IPIC), sources told theedgemarkets.com today.
The payment was due at 12 midnight, New York time on July 31. The exact reason for Malaysian Government-owned 1MDB's delayed payment is not known and it is unclear if there are clauses that allow for extensions.
At the time of writing, London Stock Exchange-listed IPIC had not issued a statement on the matter to the bourse. In Malaysia, 1MDB and the Malaysian Government had also not issued a media statement on the payment's status.
The Edge Financial Daily (Edge FD) reported today the US$602.75 million was the first tranche of two due to IPIC. The remaining portion of US$602.725 million is due by the year end.
Edge FD reported the main reason 1MDB owed this much of money to IPIC was because IPIC had been helping 1MDB meet its debt obligations since May 2015.
How can the profit dropped so much immediately after IPO. MI should consider taking class action against parties involved in IPO disclosure and demand for proper and quality disclosure to help building up a good behave market.
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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....
Explode
1,171 posts
Posted by Explode > 2017-08-01 13:14 | Report Abuse
make hundred thousands handsome profit from call warrants :) :)