JENSEN T's comment on NOVAMSC. All Comments
JENSEN T
1 Like · Reply
Is the end of the counter ??‍♂️
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5 years · translate ·
JENSEN T
It is 6 cents now... will it be going any lower?
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余德庆
private placement 0.04
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Chiam William
Will be go to 0.05?
1 Like · 5 years · translate
Chiam William
Y no private placement price at 0.08 or?! 0.10
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Chiam William
Then can collect more money
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Stock Hunter
Who gonna buy this if the price set at 0.08
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Chiam William
Now set at 0.01,mean share price will continue drop?
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Stock Hunter
Is a good thing if the price keep dropping and they cancel the right issue

Otherwise those existing shareholders will lose up more if they able to proceed with this icps

Good luck guys
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Stock Hunter
But it’s a good chance for new buyers to make profit with the expense of existing shareholders
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Chiam William
Like now me got 50biji share, after private placement, me got how many share?
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Stock Hunter
50 unit with your entry price (x)
(50/3x8)=133 unit icps with 1 cent each
If you manage to fully convert your icps then would be 183 unit x rm0.04
So your entry price is very important to determine profit/loss
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Chiam William
Mean i need take money to buy?
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Stock Hunter
Hahaha ya that’s why ppl keep throwing
I’m sorry if this is in your investment portfolio
Only worth for trading not investment
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Chiam William
If i no take money buy, wat happen to ny 50biji?
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Stock Hunter
You 50 biji max price will be mostly at 0.04
Because too much icps can be converted at this price
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Chiam William
Mean now novamsc price will keep drop to 0.04?
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Choong Lee Soon
Stone villa on Apr 16 acquired share price at 0.10 each for 45,454,545 share units
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Chiam William
Maybe it already sell at 0.075−0.095
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Chiam William
Then buy at 0.01 at ptivate placement
1 Like · 5 years · translate
JENSEN T
Dear Stock Hunter, means if i don’t want to buy more share, so better sell now?
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Stock Hunter
If you dont want to subscribe for icps, your portion will be badly diluted and most likely cap at 0.04 in the next 5 years.

Imagine market shares will raise from 751m to 3300m after icps, your portion will become smaller if you don’t subscribe.

So you can only subscribe or cut loss now. Otherwise you pray for the plan cant pass through during egm.

Hope this helps

Sorry to those long existing shareholders
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1 Like · 5 years · translate
Jane Tang
I still have a lot of shares for this counter.. can I know should I sell or hold? I’m losing a lot already..
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Stock Hunter
Nobody can tell at this moment

The only advice i can give is never put too much fund in trading counter like this

It will cause insomnia
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Like · 5 years · translate
zackazre
Ask this guy, he said he knows what to do. His name is Logic Trading Analysis, or maybe you bought because he asked you to? By the way, ramai sudah kena sama dia lor
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JENSEN T
Jane Tang, i bought at 0.17 but have to sell all at 0.055. Really see no road ??‍♂️
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juz like
why sell at the lowest point?
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Stock Hunter
The only chance for it to rebound is the proposal being rejected by shareholders

Dont think the company performance able to bring up the share price in short term
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Stock Hunter
@Liang Meng Tee hope that you didnt park most of your money in this counter

Cheer for better future
1 Like · 5 years · translate
Chiam William
I buy 0.085 cut loss 0.05
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Jane Tang
I bought damn a lot shares there
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Chiam William
But if u look this company have bright future, u can subcribe the share, but need take some time to wait it up
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Stock Hunter
@Jane Tang you need to have the sufficient fund to subscribe for icps. Do your own calculation, dont over explore yourself
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zackazre
Bought at 0.17 is when LTA advised to buy. I bought at higher price so I feel you. And now LTA is blaming us for complaining about it. What the hell
1 Like · 5 years · translate
Chiam William
So if u no want sell, buy more at low to averange down the price, and then subcribe the new share at 0.01
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Jane Tang
I was thinking the same as you yo average down the price n kept buying then now stucked w so much of this rubbish shares..
1 Like · 5 years · translate
zackazre
Go go go LTA, come on, please advice us on this precious stock, dont be quiet now
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JENSEN T
Jane Tang, short pain is better than long pain ?
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Stock Hunter
I would think that now is the best fair price to sell if you no longer confident to the board management
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JENSEN T
I sold it too fast d :(
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Stock Hunter
At least you dont have to suffer from those nightmares in the past 1 week
1 Like · 5 years · translate
Stock Hunter
Fair price after icps would be 0.035-0.040

For those missed out the chance to run yesterday, good luck
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zackazre
Haiya LTA, where are you? You should explain here how good this stock can be. Sudah bayar fee byk jgn ini macam.
1 Like · 5 years · translate
JENSEN T
Seems the counter is gone d
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JENSEN T
Super low now 0.03
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JENSEN T
0.02 oh my god
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