I have arrived to the office.

wat is this mean and affect to the share, good or bad?


7177
RIGHTS ISSUE

LCL CORPORATION BERHAD ("LCL" OR "COMPANY")

RENOUNCEABLE RIGHTS ISSUE OF UP TO 28,917,700 NEW ORDINARY SHARES OF RM0.50
EACH IN LCL (RIGHT SHARES), ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 5 ORDINARY
SHARES OF RM0.50 EACH (LCL SHARES) HELD AFTER THE SHARE SPLIT, AT AN ISSUE
PRICE TO BE DETERMINED (RIGHTS ISSUE)

We refer to the announcements dated 3 March 2008 and 20 August 2008.
On behalf of LCL, CIMB Investment Bank Berhad wishes to announce that the SC
has in its letter dated 16 March 2009 (which was received on 17 March 2009)
approved a further extension of time until 31 August 2009 for the Company to
implement the Rights Issue.
(This announcement is dated 17 March 2009)


17/03/2009 06:14 PM

walao lcl is flying.......

like that someone must get hurt & cannot sleep this weekend Even can sleep also will getting nightmare.

today stock market is really controled by big player, most of the stocks.

This post has been edited by sampool: Mar 20 2009, 05:10 PM

when the stock down need to be patient, when the stock up also need to be patient. same rules applied

it is hard to evaluate as some big fish last year become ikan bilis this year already.

u should evealue the asset in current state not the past. if u buy a BMW for 300K, dun think u can sell it for 300k now, but maybe 150k after 6 years to date. that mean 150k is your market cap now for ur BMW. this appiled to ur EPF account and ur hourse too

but, dun confuse market cap and real asset, both are different meaning.

This post has been edited by sampool: Mar 23 2009, 12:57 PM

wat happen? Something must happen to malaysia. all penny stock flying......

this this not just purely umno election, but more to power transition from A --> N.

This post has been edited by sampool: Mar 23 2009, 03:36 PM

i expect if the oil can steady to above 60, the project in arab will come back soon that benefit lcl.

the selling force is lesser for it.

This post has been edited by sampool: Mar 23 2009, 03:50 PM

dun let the ballon burst. let it fly higest.

this stock is always like that not to worry too much as the number of share is not big compare to other like resort, twscorp, knm and so..., so it is not easy to manipulate by big fish.

ya, wat i mean is the big volume suddenly Q there is not easy to get the real seller/buyer.

This post has been edited by sampool: Mar 23 2009, 04:25 PM

in stock market it alway happen ppl sell too early or buy too late. this will repeat every month

anything can happen if middle est is recover faster compare to asia and european countries. that mean more contract will be obtain by construction companies included lcl and zelan. as long as u beliave oil price will steady at above 60 and never drop, chances to goreng is bright.

today is important as many stock is reach its breaking point, if yes, there will be another new high or vise versa.

there will be another round of rebound during the assembly, this morning rebound is dj effect.

seem another rebound is coming!!!

i really cannot imagine, ci turn red. walao.

basically malaysia bear period is long, but bull is very sohrt. so our remiser here mostly work part time.

This post has been edited by sampool: Mar 24 2009, 11:46 AM