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i go see other stock first
goldenpiggy ( Date: 13-Jul-2021 11:15) Posted:
down to 59 now
noobnub ( Date: 13-Jul-2021 09:33) Posted:
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down to 59 now
noobnub ( Date: 13-Jul-2021 09:33) Posted:
another 1 bid down 60
noobnub ( Date: 13-Jul-2021 09:13) Posted:
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Knee jerk reaction. Later BBs will swipe all and then it will cheong! HUAT AAAHHHHHHHH!!!!!!!!
Miracle- ( Date: 13-Jul-2021 09:54) Posted:
| If offer is at 55, there is no reason for it to go below 60. The only way is to go up from here. Buy |
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If offer is at 55, there is no reason for it to go below 60. The only way is to go up from here. Buy
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another 1 bid down 60
noobnub ( Date: 13-Jul-2021 09:13) Posted:
down 1 bid 61
noobnub ( Date: 13-Jul-2021 08:53) Posted:
| maybe sell down to 55 56 on placement news first |
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down 1 bid 61
noobnub ( Date: 13-Jul-2021 08:53) Posted:
maybe sell down to 55 56 on placement news first?
spursfan ( Date: 13-Jul-2021 08:02) Posted:
PROPOSED PLACEMENT OF AN AGGREGATE OF 14,477,018 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT AN ISSUE PRICE OF S$0.05526 FOR EACH PLACEMENT SHARE
https://links.sgx.com/1.0.0/corporate-announcements/2DACMPZ32M0MSQQI/674454_Placement%20Announcement_final.pdf |
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There comes the PR, too late to buy 😆
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Metal Component Engineering proposes S$800,000 share placement
Metal Component Engineering (MCE) has proposed to place 14.5 million ordinary shares at an issue price of 5.526 Singapore cents, to raise S$800,000, the Catalist-listed metal stamping company said on Tuesday in a bourse filing.
A bulk of the net proceeds of the share placement will be used to fund its acquisition of healthcare business Gainhealth, while the remaining will be used for general working capital requirements, the company said.
MCE had earlier announced that it would acquire the healthcare business as part of diversification efforts.
Last week, it said it had received in-principle approval from the Singapore Exchange (SGX) to issue up to 13 million shares and up to an additional 20 million shares at 3.7 cents per share as part of the performance bonus payable to Gainhealth' s sellers.
The issue price of 5.526 cents represents a discount of around 10 per cent to the volume-weighted average price of 6.14 cents per share, based on the trades done on the SGX on Monday.
Assuming all the shares are fully placed out, it will represent 3.6 per cent of the existing share capital of 404.2 million shares, assuming no other new shares are issued by the company. It will also represent 3.5 per cent of the enlarged share capital of 418.7 million shares.
Post the share placement, MCE expects its pro forma net tangible assets per share will increase to 4.05 cents from 4.02 cents.
MCE added that it would make an application to the SGX for the dealing in, listing of and quotation of the placement shares through its sponsor, Zico Capital.
Shares of MCE last closed flat at 6.1 cents on Monday.
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maybe sell down to 55 56 on placement news first?
spursfan ( Date: 13-Jul-2021 08:02) Posted:
PROPOSED PLACEMENT OF AN AGGREGATE OF 14,477,018 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT AN ISSUE PRICE OF S$0.05526 FOR EACH PLACEMENT SHARE
https://links.sgx.com/1.0.0/corporate-announcements/2DACMPZ32M0MSQQI/674454_Placement%20Announcement_final.pdf |
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Exactly the same as those meme stocks like AMC. The company will take this golden opportunity to place out new shares.
spursfan ( Date: 13-Jul-2021 08:02) Posted:
PROPOSED PLACEMENT OF AN AGGREGATE OF 14,477,018 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT AN ISSUE PRICE OF S$0.05526 FOR EACH PLACEMENT SHARE
https://links.sgx.com/1.0.0/corporate-announcements/2DACMPZ32M0MSQQI/674454_Placement%20Announcement_final.pdf |
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PROPOSED PLACEMENT OF AN AGGREGATE OF 14,477,018 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT AN ISSUE PRICE OF S$0.05526 FOR EACH PLACEMENT SHARE
https://links.sgx.com/1.0.0/corporate-announcements/2DACMPZ32M0MSQQI/674454_Placement%20Announcement_final.pdf
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Hahahaha! Exactly
easywin ( Date: 12-Jul-2021 13:13) Posted:
After watching final match UEFA Euro 2020 BBs still sleeping
Miracle- ( Date: 12-Jul-2021 11:30) Posted:
| No much movement across stocks today, BB only working from noo |
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After watching final match UEFA Euro 2020 BBs still sleeping
Miracle- ( Date: 12-Jul-2021 11:30) Posted:
No much movement across stocks today, BB only working from noon
noobnub ( Date: 12-Jul-2021 11:26) Posted:
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Time to zao before BB pump
buayjinchu ( Date: 12-Jul-2021 12:57) Posted:
| Price inched lower, good job to take profit ! |
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Price inched lower, good job to take profit !
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yah.. kopi $ :)
noobnub ( Date: 12-Jul-2021 11:37) Posted:
haha win 1 bid is still better
buayjinchu ( Date: 12-Jul-2021 10:36) Posted:
| Totally agreed |
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haha win 1 bid is still better
buayjinchu ( Date: 12-Jul-2021 10:36) Posted:
Totally agreed
noobnub ( Date: 12-Jul-2021 10:32) Posted:
| win 1 bid is better than breakeven which is better than lose 1 bi |
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62 drop to 60 is not bad for trading
Miracle- ( Date: 12-Jul-2021 11:30) Posted:
No much movement across stocks today, BB only working from noon
noobnub ( Date: 12-Jul-2021 11:26) Posted:
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No much movement across stocks today, BB only working from noon
noobnub ( Date: 12-Jul-2021 11:26) Posted:
wow 60 kenna dumped
noobnub ( Date: 12-Jul-2021 11:13) Posted:
| later sellers come out may drop below 6 |
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Gone case 
noobnub ( Date: 12-Jul-2021 11:26) Posted:
wow 60 kenna dumped
noobnub ( Date: 12-Jul-2021 11:13) Posted:
| later sellers come out may drop below 6 |
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