farid wahidi's comment on KTG. All Comments

farid wahidi
1 Like · Reply
when right issue will end up?
Giant Foot
Farid, it will take couple of months to complete it and u need to take the right issue RM 0.15 with warrant. Current price still worth it if maintain above RM 0.15 and how bout the price fall below RM 0.15?
1 Like · 3 months · translate
farid wahidi
Hi Giant Foot, based on announcement today, right issue still under proposal.., so, when right issue released, all unit price will automatically convert to right issue package with warrant? or we need to agree 1st?
Like · 3 months · translate
Giant Foot
Farid, the RI still under the proposal and once egm approve for it then the price will be continuing dropping. For RI counter usually the price won’t go up especially involved of MMAG group.
1 Like · 3 months · translate
Giant Foot
RI is not converted but u need to pay additional of RM 0.15 to get the mother share and the warrant as well. Total maybe it worth bout RM 0.16-0.17 depend on how much the warrant worth
Like · 3 months · translate
farid wahidi
sorry i'm newbie in stock market. Pay additional means we can use current share price to take right issue?
Like · 3 months · translate
Giant Foot
Farid, RI is additional share that propose by the company no matter how much of the current share price. Details of RI is not announce yet and just to know it RI is RM 0.15
Like · 3 months · translate
Giant Foot
Usually they did propose 1 to 1 share with warrant. If u have 10k share then u can have additional of 10k with warrant provided u subscribe for the RI
Like · 3 months · translate
farid wahidi
I have read RI proposal in announcement dated 30th April. the company has proposed RM0.15 per right share for every 1 existing share unit. And subscriber entitle for 1 unit warrant for every right share. so, if the price drop below RM0.15 nobody will subscribe RI.
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Like · 3 months · translate
Giant Foot
Yes Farid u r correct. Likewise the price will stand around 0.16 the lowest otherwise nobody will subscribe it but they is the possibility to go lower than that. Pls take note
Like · 3 months · translate
farid wahidi
strong support at RM0.165.... operator will not let the price drop below RM0.165 before RI.., if the price temporary go up after RI Exdate... we should opportunity to exit the counter regardless at break even point/slight profit/loss...
Like · 3 months · translate
Giant Foot
Farid, how strong support also is fake Q. Whether they will push back or not just wait and see any chances to exit or not. Myself will not wait for it to push back scare later break 0.15 then u will stuck there
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Lee Ee Chen
Dy give u hint. But u still need hit on floor. Go ahead....
Like · 3 months · translate
Giant Foot
Lee, this is their pattern all the time. U can keep track for all the bro and sis conpany. Then u know whether u invest or not
1 Like · 3 months · translate