| Latest Forum Topics / Polaris Last:0.001 -- |
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Polaris really going big time!
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isaacsgx
Elite |
30-Jul-2014 12:14
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Bro Demo, so is the EGM 99% passed thru?
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starterjd
Member |
30-Jul-2014 10:46
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Any news for this ? | ||||
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Wind22i
Supreme |
30-Jul-2014 08:16
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Just sell and run . The BB will flush down soon | ||||
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Demostation
Supreme |
30-Jul-2014 07:38
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Any other questions? How many bros and sises are gg? Could the venue be too far for most? |
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Demostation
Supreme |
29-Jul-2014 22:13
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Ok lah KepoChicken, will try my best to ask all the questions.
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Demostation
Supreme |
29-Jul-2014 21:52
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Whatever price they bought is not an issue to retailers.   It will just be a feeling of euphoria that your shares have been bought at 23 pips each though it is doing 21/22.   The main concern is more shares diluting future EPS. I would prefer that the subscription is on bonds, or notes both of which repayable in cash with an option by company to allow share conversion at a future price when it is higher than the current market price but lower than 10% to 15% (to be agreed and fixed) of the then future traded price.   This way, the subscriber is assured of his minimum 10 to 15% profits and the company gets more share premium should the price of the stock sky rocket should conversion be chosen as repayment.   It is not known what is the intention of the subscriber, whether for stock investment or for lending money as an income, so what I am opining is only based on the latter (i.e. lending out money to make money). 
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KepoChicken
Master |
29-Jul-2014 21:36
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HI Demo, Help me to ask 1 question, the NTA is very low, why the new shareholders willing to pay $0.023 to buy the shares... what are the new / potential project not disclose to us.
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isaacsgx
Elite |
29-Jul-2014 21:32
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Why disadvantage to small players?   If you buy at 21/22, you alrdy gain 1 pip!   Tres Maria and Trio is " buying" at 23!
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Demostation
Supreme |
29-Jul-2014 21:27
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The acquisition will increase the NTA of the company by 0.8 cent and the subscription will increase the NTA of the company by 1.03 cents, thus both transaction will bring the NTA of Polaris to 1.83 cents from the current 0.54 cents per share. Of course the additional benefits will be getting increased revenue for acquiring the company, and secondly the subscription will bring in cash. The only disadvantage to small players is the increase in issued shares of Polaris.  
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isaacsgx
Elite |
29-Jul-2014 21:16
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Why not? These two deals is beneficial to polaris.
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Demostation
Supreme |
29-Jul-2014 21:12
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Oops, it is EGM for A) the acquisition of PT Trikomsel OK TBJ. B) to allow Tres Maria Capital Ltd to subsribe for 6.522 (rounded up) billion shares of the company. For B), can we say no, if the funding company wants to buy Polaris' shares?
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Demostation
Supreme |
29-Jul-2014 21:06
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OK. OK. Will come back and report after the AGM. Lol. |
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isaacsgx
Elite |
29-Jul-2014 20:47
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Straight away pm all bros n sistas here leh!
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isaacsgx
Elite |
29-Jul-2014 20:44
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Just ask one question, bro. Ask them tmrl A Key bo? Haha.
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Demostation
Supreme |
29-Jul-2014 20:42
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I would be attending.   Any questions needed to be asked, please list them.   I will try my best to get the answers, provided the questions asked are not too rude or disrespectful.   Lol.
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KepoChicken
Master |
29-Jul-2014 20:19
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tomorrow EGM... hope every body push ah !!
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bj21trader
Member |
29-Jul-2014 18:29
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Polaris is in the expansion stage and still have profits. It is very obvious something is keeping the price range bound. if u look at market depths, you can see a lower support and a higher resistance. for what reason the thing do this I dunno, could be computer AI ?  
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yummysukiyaki
Veteran |
29-Jul-2014 12:03
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Is Polaris following the trend of Jaya? Many players thought Jaya would close down...Haha |
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bj21trader
Member |
26-Jul-2014 09:17
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paiseh i mean 0.02 or 0.021. used to trading non-penny stock. 
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bj21trader
Member |
26-Jul-2014 08:48
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i mean 30 is the meeting tiobo ? and some lame guniangs have been placing one resistance and one support 3 bids in between. I remember got one stock last time run during the meeting because the buyers can call out during the meeting leh....i dunno, i am new to penny trading and sgx. |
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