mine ahh, some up, some down

dun really care liao lah, immune~

They are issuing warrants soon I think for their share that will dilute the holdings. Here is an excerpt from OSK:

RENOUNCEABLE RIGHTS ISSUE OF UP TO 151,800,000 NEW ORDINARY SHARES OF RM0.50 EACH (?RIGHTS SHARE(S)?) IN DPS RESOURCES BERHAD ("DPS") ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.50 EACH HELD IN DPS TOGETHER WITH UP TO 75,900,000 FREE DETACHABLE WARRANTS (?WARRANT(S)?) ON THE BASIS OF ONE (1) FREE WARRANT FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED (?RIGHTS ISSUE?)

So things aren't always what they seem on the surface, I've said this before, the market is quite efficient in compensating for all this. So try to dig deeper like you are doing now to get to the bottom of something you find amiss.

What it means is, they will be issuing new shares soon. The rights issue which is given or sold to their shareholders basically gives the person who hold the 'rights' to actually buy the new shares at a discounted price.

From the statement, it says they are issuing 150 mil new shares. Thats about 100% increase in total shares. So just imagine the EPS is a cake, instead of 10 people sharing it, it will be 20 people sharing the same cake once the shares are issued.

So thats why the price looks kind of attractive because people have already taken the new shares into account and aren't going to pay more for the counter because it wouldn't be worth it once the new shares hit the market. Thats what I meant by the market being efficient.

Normally the company issuing new shares will try to entice the current shareholders and give them discount on buying the new shares. So maybe new shares will be priced at 50% or even 30% price of market value for the current shareholders. All depends on the agreed price in the statement of issue and differs from company to company.

But yes, the current shareholders do tend to lose out in my opinion.

anyone holding Kinstel?
wonder what happen to it, yesterday so many sellings, 93% sell, 7% buy
today morning also people mass selling.

hmmm? hmm?

wait after election la...apalagi.....dono wat will happen man....make money i also wanna run liao....buy sport rim for my car hehehe

wow my lost minus another 1k, good good

Aiyo Jojoe, u sold IOI in morning??
Today it rebound leh.

wah pana...u r here whole day one ar! salute u!

tomolo hope our stock fly again!

big day for everyone, woohoo

Big day and good also

All foregin CWs are cash settled until now. Only a few local CW issued by PNB are able to covert until now.

A lot of people in the market are expecting lot of bumpy road ahead or next year, volatility still will be high in near future. Market is very cautious nowadays. Not many people want to place big bet in either way. Yesterday 700 points drop of HSI indicated that people are very cautious, not dare to go too far. One at a time.

Yep. must be careful when invest now. A lot of uncertainties abound.