Right issue in theory is 10 sen but capitalisation from retained profit and reserves at 2 sen. But the actual price of the rights is 8 sen, therefore if the market value transacted at below 8 sen lots of rights will not be subscribed.

Sorry i have one question to ask regarding capital reduction, hope someone can help on this.

For example:
Company A's par
value is 0.50, with accumulated loss.
Company proposed capital reduction of 0.40, meaning par value reduce to 0.10 to eliminate accumulated loss so that it can make right issues.
but the current share price is traded at 0.40 which is below initial par value (0.50), can the proposed capital reduction go through eventually? because after ex-price of 40cents reduction, it will be zero. I am kind of confuse here.

yes, it can be done.

The only thing you are not getting right is that,
If under capital reduction, par value being reduced from 0.50 to 0.10, generally practice is that they will consolidate with 5 shares become one aka 5 x 0.10 par value back into the 0.50 par value. Same par value back but with reduction of no. of shares.
Aka in the process 5 shares being reduced to 1 share.
So, the ex-capital reduction share price will become 2.00, as it is counted on the basic of 5 share become 1 share.

So 2.00 is equivalent to previous 0.40. This is how ex-market price works.

And with 2.00 ex-market price, company face less difficulty to issue right issue at 0.50 or even 1.00.

now up up up

regasification works could stretch across the next few years.

any takers on this? I say time to buy.

Time to SAPU SAAG quick. This stock will surge like a rocket in the next few weeks.

well mate...any news that can boost this stock upwards?

u need vi@gra - the infamous blue pills to make it erect harder and fly.

Well, this stock already hit rock bottom lor.

You want to wait for the news to come out then only you buy ar? Too late already lor.

Now, where got honest trading one, everybody inside (fund manager, company's big boss, big player, investment firm), all play insider trading, news belum come out stock price already fly up in the sky lor. You want to wait for the news to come out ar, can. Entry price 0.150 - 0.20 lah.



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Like what warren buffet always said, buy when there're blood in the street, and there're pools of blood in the street for this particular stock.

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More tips: People like Zaman and his gangs SAPUING everyday.








This post has been edited by MakanTidurSaham: Nov 16 2010, 06:30 PM

I rather buy SunRise (special div) or Amway (special div 30cts) or Kulim which giving BI.

For penny stock, IRIS.

i like the bolded part...
well...you know...
there's an massacre around MEGB this few days...
blood all around....so time to go in??
based on your .....ahem ... buffet theory

This post has been edited by sjz: Nov 16 2010, 10:19 PM

don't kacau him la. He's going to take over SAAG and ...., remember?
Buffet theory does not work in KLSE.

After crisis 2007/2008, all theory can dump in the bin..

ooo . this thread is alive .

This thread is about SAAG, my analysis is entirely based on SAAG.

Sjz says Warren Buffet theory no good?? Wow, priceless jokes. As far as I'm concern, mr buffet was spot on when he made that "blood on the street" statement and he told people to buy during Dow jones at 6000, 7000, 8000 level.

Why speculators tends to spread fears to scare buyers when stocks like SAAG which has no major issue with company over sold? Because those speculators wants to buy back shares already they previously sold. They can't buy back if you and me don't sell. They can't profit if they not able to buy back shares that they already sold at a higher price. So they don't want you to buy.

This is a MUST BUY stock if you want to make some money to recover your lost on other stocks.

okay, let's hear your basis of MUST BUY. So far, for this year, I've been SPOT on regarding the price of 8cts.

Spot on? If I'm the one who were counterfeiting SAAG's shares and dump it on the open market. I can be spot on every time on any price.

Is the company issuing more shares? Nup. They won't be able to continue manipulating SAAG's stock price going forward.

Market will soon take over and drive the stock price up.

Lol, is that the best you can come up with?

I say - show me evidence or proof that is is a MUST BUY. Not talking about me. Come on, are you now chicken out?

You are avoiding answering the question.

P/s - my posting on 8cts is still here..

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Added on November 17, 2010, 12:50 amThere, and more. From the TUG OF WAR between you and me, I made a SELL Call since 25cts, we had a big fight on SELL @ 18cts.

Enuf said ..

This post has been edited by zamans98: Nov 17 2010, 12:50 AM

haha....
i wonder did buffet invest in -ahem-ahem- penny penny stock like this 1...
his theory most probably only applies to blue chip company with sustainable growth every year.
u know how buffet he himself investigate a company before he invest in it?
he rely much on information not shown to public....

and buffet's theory won't work on klse...najib's theory will...

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Added on November 17, 2010, 2:52 amppl say must buy...strong buy..short sell...blah blah blah for more than 1 year...
still saying the same thing...
wonder what's his ABP, since he bought so many container since 20 cts.

This post has been edited by sjz: Nov 17 2010, 02:54 AM

Long live MakanTidurSaham! Long live SAAG!

Thank you for your support skiddtrader.

My comments on SAAG significantly affecting their games on manipulating the stock price of SAAG. That's why you see them spending so much time debating me on SAAG.

These people are quietly buying back up all SAAG's share now with multiple CDS account with different brokers in various investment firms.