STOCK MARKET DISCUSSION V150
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 Jan 29 2016, 04:42 PM
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Senior Member
3,928 posts Joined: Oct 2009 
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QUOTE(nexona88 @ Jan 29 2016, 04:18 PM) Telcos may have to pay billions of ringgit for spectrum bidding = undertablehttp://www.thestar.com.my/business/busines...t-for-spectrum/  it's just another way of getting "donation"... when telcos have to spend more $, all the costs will go to consumers in the end. This post has been edited by ken_ng: Jan 29 2016, 04:44 PM |
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Jan 29 2016, 04:53 PM
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All Stars
48,416 posts Joined: Sep 2014 From: REality
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QUOTE(ken_ng @ Jan 29 2016, 04:42 PM) bidding = undertable seems we're on the same page it's just another way of getting "donation"... when telcos have to spend more $, all the costs will go to consumers in the end.  was thinking the same thing, but not dare to post public  |
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Jan 29 2016, 08:07 PM
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Senior Member
984 posts Joined: Nov 2008
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QUOTE(ken_ng @ Jan 29 2016, 02:52 PM) wow, what happen to Maxis and Axiata? Digi n Axiata in the green at closing. Maxis will also follow suit on Tuesday, I suspect.Maxis dropped 9% dy. |
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Jan 31 2016, 10:13 AM
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Junior Member
163 posts Joined: May 2015
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anyone can tell me what is "Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD" means??? Thank you
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Jan 31 2016, 09:34 PM
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(Kings7 @ Jan 31 2016, 10:13 AM) anyone can tell me what is "Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD" means??? Thank you EPF buy or sell existing shares in the market |
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Feb 1 2016, 09:17 AM
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Senior Member
1,215 posts Joined: Jul 2009 From: Penang Island 
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today no market?
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Feb 1 2016, 09:27 AM
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Senior Member
820 posts Joined: Mar 2014 
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QUOTE(yahiko @ Feb 1 2016, 09:17 AM) today no market? Public holiday for KL today. |
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Feb 1 2016, 09:29 AM
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Senior Member
1,215 posts Joined: Jul 2009 From: Penang Island
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o.. only KL also market close
 okok |
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Feb 1 2016, 09:47 AM
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Senior Member
1,275 posts Joined: Jan 2009
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QUOTE RENOUNCEABLE RIGHTS ISSUE OF UP TO 192,579,515 NEW ORDINARY SHARES OF RM0.10 EACH IN SUNZEN BIOTECH BERHAD ("SUNZEN SHARES") ("RIGHTS SHARES") ON THE BASIS OF THREE (3) RIGHTS SHARES FOR EVERY FIVE (5) EXISTING SUNZEN SHARES HELD AS AT 5.00 P.M. ON 3 FEBRUARY 2016 AT AN ISSUE PRICE OF RM0.25 PER RIGHTS SHARE, TOGETHER WITH UP TO 192,579,515 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF ONE (1) WARRANT FOR EVERY ONE (1) RIGHTS SHARE SUBSCRIBED FOR ("RIGHTS ISSUE OF SHARES WITH WARRANTS") Despatch date 05 Feb 2016 Date for commencement of trading of rights 04 Feb 2016 Date for cessation of trading of rights 15 Feb 2016 Date for announcement of final subscription result and basis of allotment of excess Rights Securities 24 Feb 2016 Listing Date of the Rights Securities 04 Mar 2016 Last date and time for Date Time Sale of provisional allotment of rights 12 Feb 2016 at 05:00:00 PM Transfer of provisional allotment of rights 17 Feb 2016 at 04:00:00 PM Acceptance and payment 22 Feb 2016 at 05:00:00 PM Excess share application and payment 22 Feb 2016 at 05:00:00 PM Any sifu care to explain above, not quite understand cos it was my first time doing this? Does it mean > I need to pay RM0.25 per share, if I were to subscribe the rights issue? > Every shares I subscribed, I will get a warrant for it? |
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Feb 1 2016, 10:36 AM
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Senior Member
2,906 posts Joined: May 2015
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QUOTE(chrisw @ Feb 1 2016, 09:47 AM) Any sifu care to explain above, not quite understand cos it was my first time doing this? Does it mean > I need to pay RM0.25 per share, if I were to subscribe the rights issue? Yes, that will be 0.25 plus on top of the price you purchased on the open market, so this means that if you bought the rights say 3 sen, you pay 0.28 to get the free warrant. > Every shares I subscribed, I will get a warrant for it? Yes, 1 to 1. |
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Feb 1 2016, 11:54 AM
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Senior Member
1,275 posts Joined: Jan 2009
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ILoveLalat.net
thanks for the heads up, the rights issue being offered was 3 right shares for every 5 existing shares, which means my cost would be RM0.75 [RM0.25x3] + RM2.00 [RM0.40x5] (assuming my buy in price for the share is RM0.40 per share) = RM2.75 / 8 = RM0.3438 (new cost per share) & on top of that i got 3 free warrants which i can convert into main share or sell it are my assumptions correct as above? QUOTE RENOUNCEABLE RIGHTS ISSUE OF UP TO 192,579,515 NEW ORDINARY SHARES OF RM0.10 EACH IN SUNZEN BIOTECH BERHAD ("SUNZEN SHARES") ("RIGHTS SHARES") ON THE BASIS OF THREE (3) RIGHTS SHARES FOR EVERY FIVE (5) EXISTING SUNZEN SHARES HELD AS AT 5.00 P.M. ON 3 FEBRUARY 2016 AT AN ISSUE PRICE OF RM0.25 PER RIGHTS SHARE, TOGETHER WITH UP TO 192,579,515 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF ONE (1) WARRANT FOR EVERY ONE (1) RIGHTS SHARE SUBSCRIBED FOR ("RIGHTS ISSUE OF SHARES WITH WARRANTS") Despatch date 05 Feb 2016 Date for commencement of trading of rights 04 Feb 2016 Date for cessation of trading of rights 15 Feb 2016 Date for announcement of final subscription result and basis of allotment of excess Rights Securities 24 Feb 2016 Listing Date of the Rights Securities 04 Mar 2016 Last date and time for Date Time Sale of provisional allotment of rights 12 Feb 2016 at 05:00:00 PM Transfer of provisional allotment of rights 17 Feb 2016 at 04:00:00 PM Acceptance and payment 22 Feb 2016 at 05:00:00 PM Excess share application and payment 22 Feb 2016 at 05:00:00 PM |
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Feb 1 2016, 06:25 PM
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Senior Member
820 posts Joined: Mar 2014
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An old article worth sharing again.
Read a couple of times and still laughed at the same punts  30 Investing Tips & Tricks You Won't Learn At School |
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Feb 1 2016, 06:29 PM
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All Stars
48,416 posts Joined: Sep 2014 From: REality
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QUOTE(yahiko @ Feb 1 2016, 09:29 AM) o.. only KL also market close Bursa Malaysia in KL or Selangor? okok so market closed lor  |
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Feb 1 2016, 07:37 PM
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Senior Member
2,906 posts Joined: May 2015
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QUOTE(chrisw @ Feb 1 2016, 11:54 AM) ILoveLalat.net Not really that complicated.thanks for the heads up, the rights issue being offered was 3 right shares for every 5 existing shares, which means my cost would be RM0.75 [RM0.25x3] + RM2.00 [RM0.40x5] (assuming my buy in price for the share is RM0.40 per share) = RM2.75 / 8 = RM0.3438 (new cost per share) & on top of that i got 3 free warrants which i can convert into main share or sell it are my assumptions correct as above? Let's say you have 5,000 shares in Sunzen. Assuming you hold it until the 29th of January, which from there is an ex-date, you will be entitled to 3,000 free rights shares. That means if you want the free warrants, just pay 0.25 extra for every rights hold. Nothing more than that. If you do not want the rights, you may sell off on the open market but usually depending on the situation, most of the time, the rights shares will fall on first day. Best to keep track of it just to be sure. You will have until before the 15th of February to decide on selling. This post has been edited by ILoveLalat.net: Feb 1 2016, 07:38 PM |
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Feb 1 2016, 11:24 PM
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(chrisw @ Feb 1 2016, 11:54 AM) ILoveLalat.net Yup thanks for the heads up, the rights issue being offered was 3 right shares for every 5 existing shares, which means my cost would be RM0.75 [RM0.25x3] + RM2.00 [RM0.40x5] (assuming my buy in price for the share is RM0.40 per share) = RM2.75 / 8 = RM0.3438 (new cost per share) & on top of that i got 3 free warrants which i can convert into main share or sell it are my assumptions correct as above?  |
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Feb 2 2016, 04:14 PM
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Senior Member
820 posts Joined: Mar 2014
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Hmmmmm the new levy rates for foreign workers are gonna screw up a lot of businesses that are dependant on foreign workers.
A lot of industries will be affected: manufacturing, construction, service, plantation and agriculture. I thought finding good staff/workers was already hard enough. To train and retain them is also a challenge. Now govt wants to make it even more interesting. Susah dot com. |
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Feb 4 2016, 06:40 PM
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All Stars
48,416 posts Joined: Sep 2014 From: REality
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FBM KLCI was up 23.47 points or 1.44% to 1,656.77 – recouping more than the 20 points loss the previous day. Turnover was 2.05 billion shares valued at RM2.08bil. Advancers beat decliners 512 to 341 while 309 counters were unchanged.
Despite the KLCI's gain, analysts were mindful of the sustainability of the index's advance. "The mid-term outlook (for KLCI) is still bearish. Today's rise was more of a technical rebound," Jupiter Securities Sdn Bhd chief market strategist Benny Lee reporting. "The gains were mostly because of the rebound in crude oil prices and the ringgit today," Lee said. |
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Feb 5 2016, 05:08 PM
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All Stars
48,416 posts Joined: Sep 2014 From: REality
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Gong Xi Fa Cai to All
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Feb 9 2016, 10:42 AM
Show posts by this member only | IPv6 | Post
#59
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Senior Member
10,001 posts Joined: May 2013
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Global equity market tumble yesterday n today
Bursa shld open with red tomorrow  |
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Feb 9 2016, 11:34 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(wil-i-am @ Feb 9 2016, 10:42 AM) Global equity market tumble yesterday n today So free..didn't gamble on pokerBursa shld open with red tomorrow |
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