tag:blogger.com,1999:blog-96448416018959830.post532174918636687700..comments2024-03-24T15:18:25.244+08:00Comments on I DID IT MY WAY: Keep Scalping On GLOMAC ^^horsehttp://www.blogger.com/profile/01702979662884471359noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-96448416018959830.post-40697241138942495442012-11-12T18:32:12.800+08:002012-11-12T18:32:12.800+08:00Ireka is gaining momentum to secure more and more ...Ireka is gaining momentum to secure more and more contract, just within a week, Ireka already secure two contract worth total 135m <br /><br />12 Nov 2012<br />The Board of Ireka Corporation Berhad (“ICB”) is pleased to announce that its wholly-owned subsidiary company, Ireka Engineering & Construction Sdn Bhd (“IECSB”), has accepted the Letter of Acceptance from Persys Sdn Bhd for the appointment of IECSB as Sub-Contractor for the construction and completion of main structural and other associated works under Package V7: construction and completion of Viaduct Guideway and other associated works from Bandar Tun Hussein Onn to Taman Mesra at a contract sum of RM65,045,646.94 (“Contract”). The contract period shall be forty seven (47) months. <br /><br /><br />7 Nov 2012<br />The Board of Ireka Corporation Berhad (“ICB”) is pleased to announce that its wholly-owned subsidiary company, Ireka Engineering & Construction Sdn Bhd (“IECSB”), has accepted the Letter of Acceptance from MTD Construction Sdn Bhd for the appointment of IECSB as Civil Works Contractor for the construction and completion of civil, sub-structure and other related works under Package V7: construction and completion of Viaduct Guideway and other associated works from Bandar Tun Hussein Onn to Taman Mesra at a contract sum of RM69,091,342.79 (“Contract”). The contract period shall be forty seven (47) months.<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-36054379026352642472012-11-12T14:49:17.142+08:002012-11-12T14:49:17.142+08:00Bought Bjtoto at 4.31Bought Bjtoto at 4.31Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-34241645745237429532012-11-11T21:35:48.696+08:002012-11-11T21:35:48.696+08:00horse
WCT-WB was issue at cost 25sen each, so the...horse<br /><br />WCT-WB was issue at cost 25sen each, so the major shareholder must ensure WB is convertible to WCT to not only protect their own interest but also to safeguard their stake in WCT from being diluted. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-8548792201519329452012-11-11T10:11:11.942+08:002012-11-11T10:11:11.942+08:00Thanks hng. If all these come reality by year end,...Thanks hng. If all these come reality by year end, then buying into this will give more confident as we can ignore the election factor. Worth taking a look.^^ in this case WB is still within the timeframe for these and can either trade or opt for exercising. Good luck all.horsehttps://www.blogger.com/profile/01702979662884471359noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-13577900216753317482012-11-10T21:53:53.621+08:002012-11-10T21:53:53.621+08:00horse
WCT will having EGM to seek shareholder app...horse<br /><br />WCT will having EGM to seek shareholder approval for its bonus and free warrant on 21 Nov, and is expect to declare entitlement date soon after and the ex-date before end of Dec. So, the whole proposal will be complete by end of these year. The exercise price of WB will be adjust soon after the ex- entitlement from 2.50 to 1.85. <br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-1275046318600602192012-11-10T19:04:17.736+08:002012-11-10T19:04:17.736+08:00Sorry, it should be from 2.33 to 2.10 as the cost ...Sorry, it should be from 2.33 to 2.10 as the cost of the WB is now at 0.23sen, need to factor this in.<br /><br />Still it is quite decent and enough buffer for exercise, i would think or else just trade the WB will do without converting. ^^horsehttps://www.blogger.com/profile/01702979662884471359noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-8524104715508367612012-11-10T19:00:05.255+08:002012-11-10T19:00:05.255+08:00Gark,
I think WCT-WB command a better premium pos...Gark,<br /><br />I think WCT-WB command a better premium post BI, it is > -10% though it has shorter life span. With this kind of premium it should be suffice for warrant holders to convert to mother share without fearing of huge drop of price. It has the buffer of nose dive to 1.85 from the theoritical ex-price of 2.33. Provided the approval come sooner then election. ^^horsehttps://www.blogger.com/profile/01702979662884471359noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-89382582886225280152012-11-10T11:48:37.946+08:002012-11-10T11:48:37.946+08:00Might want to look at WCT-WC as well, post excerci...Might want to look at WCT-WC as well, post excercise price is 2.04, current price 0.435.<br /><br />This one has longer expiry 2016, and currently trading at 7.6% premium post BI.Garkhttps://www.blogger.com/profile/01768303613739635625noreply@blogger.com