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watch out for mdr
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sgtrader18
Veteran |
05-Sep-2017 15:50
Yells: "dont buy if you cant lose - i'm no shortist, i'm a realist." |
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check management team back then and names that came out on news back then vs current team.
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marketreader
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05-Sep-2017 15:47
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I read the rights and warrants again. It looks like a good deal. Pay 0.1c get 3 free warrants. Company also grows biggers rather than continue no action small company with no interest stale. Most important got a catalyst for action and with more cash, big acquisition will follow. Which major shareholder buy out another shareholder total block at market premium, then put more money into company? He average down but also give others chance so participate or not. Better than placement at discount to friends then not fair. I am voting to support rights. Obviously those who buy now will get cheaper than Edward and surely make money. Those bought ACCS days sorry to hear that but no link to current business. It' s like buying Nokia or Blackberry or Kodak 10-20 years ago. I am a new shareholder so my views are different but new or old historical decision no link to current and future decision. Of course i will avoid if same fraud ACCS people still around. Does anyone know please share.  | ||||
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balasuperman
Member |
05-Sep-2017 11:01
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good to see someone accumulating the stock. Hope that he can be the deciding factor or that he will pose a challenge to the current directors. Let just wait for the AGM and see what happens hopefully things turn out fine.   |
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sgtrader18
Veteran |
02-Sep-2017 00:16
Yells: "dont buy if you cant lose - i'm no shortist, i'm a realist." |
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Had coffee with a vested friend. He ask me how. I reply with a question. Would you throw more money into a bottomless pit? I doubt he is going to take it up. | ||||
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gufeng
Senior |
01-Sep-2017 11:10
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They have used those cash converted from warrant to invest in marketable securities http://infopub.sgx.com/FileOpen/Use_of_proceeds20062017.ashx?App=Announcement& FileID=458450 For now I just hope they will annouce some sort of concrete aquisition or investment plans then it will convince people to invest in this company. Wish everyone invested good luck.
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sgtrader18
Veteran |
01-Sep-2017 10:07
Yells: "dont buy if you cant lose - i'm no shortist, i'm a realist." |
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Build condo? | ||||
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tigerbird
Member |
01-Sep-2017 10:04
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mdr cash balance now is 19.93m . Last few week still at 30.6m ??????
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sgtrader18
Veteran |
30-Aug-2017 18:08
Yells: "dont buy if you cant lose - i'm no shortist, i'm a realist." |
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Double or nothing kind of deal. Unless u cut lost now. | ||||
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dollarsense
Veteran |
30-Aug-2017 17:06
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Will be interesting if another big player starts collecting now | ||||
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fruitty
Senior |
30-Aug-2017 17:00
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In this game designed to enrich those who make decisions for the company and can afford the excessive rights, the losers are obviously the minority shareholders who cannot or are unwilling to buy excessive rights. It is sad that unethical people take over the running of a profit company with cash and manipulate it to benefit mainly themselves.
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buddy8
Member |
30-Aug-2017 16:50
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Yup, definitely will vote.
But on the realistic side, for us invested long ago, it's a frightening thought when shares becomes 0.00155, and the possibility of it happening is very high.
Its a balance, might need to sell some to cut potential big losses.
There are no problems with those having cash to pick all rights and warrants. No need to worry. In fact, to them it might be good investment opportunity.
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fruitty
Senior |
30-Aug-2017 16:41
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As someone not vested, i would not pick up the shares now after the rights and warrants announcement. Reason: i foresee the value of my shares to drop drastically and i need to prepare more than double the amount to purchase the rights. The warrants must also be held for 1-3 years which mean money will be stuck. Also, over 100 billion shares in the market means it' s not easy for me to sell off and sometime down the road there might be shares consolidation. If i really want to gamble with these shares, i will not buy in now but watch until things are more stablise, like if the rights will be passed before deciding what price to buy in. 0.005 now is not cheap given the dilution. Do not believe what others say here as you do not know their real agenda. Do your homework and consider what is in your best interest.   |
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sgtrader18
Veteran |
30-Aug-2017 16:34
Yells: "dont buy if you cant lose - i'm no shortist, i'm a realist." |
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Zugzwang |
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colincheong
Senior |
30-Aug-2017 16:33
Yells: "Huat Ah...." |
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How can I submit my vote if I cannot make it for the AGM? I really don t like their idea to raise cash when there are so much around in the current account. Can some one tell me how easy it is to reply by mail?   |
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fruitty
Senior |
30-Aug-2017 16:30
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Just vote in your interest first, don' t worry so much of the outcome. You can decide what to do with your shares and cash after the results.
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buddy8
Member |
30-Aug-2017 16:04
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Can we really win voting against Edward and Wife? The shares they are holding are approximate 20% + 11%.  And from this forum, some do support the rights and warrant issues especially if one just made a purchase recently. After ex-rights the share will be just left with 0.001555..major discount from 0.006... some might sell now for cash and pick the shares later at estimated 0.00155...its a gamble after all. And even if one decides to pick up the rights and warrants, many people are not having enough cash to pick up them up, so they might sell some shares for cash now to pick up rights and warrants later...  
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sgtrader18
Veteran |
30-Aug-2017 12:43
Yells: "dont buy if you cant lose - i'm no shortist, i'm a realist." |
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When is AGM ah | ||||
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balasuperman
Member |
30-Aug-2017 11:41
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dont worry. I think a lot of people are waiting for the agm. Let us see if the deal goes through. I think we also have to vote to have edward as a managing director in the agm as he came through after the last agm was over and was not elected. Hope that people will hold on to their shares and not sell at a discount and vote against the rights and warrants issues. | ||||
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buddy8
Member |
29-Aug-2017 16:23
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The market doesn't agree with the rights and warrants proposal...Drop toll 0.003 today.. | ||||
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balasuperman
Member |
25-Aug-2017 22:45
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another victory for retail investors Aztech shareholders ahve voted against the big players. It is time MDR shareholders do likewise. Do not sell ur shares at a discounnt., at the AGM vote against the new share issues to safeguard yourr interest, | ||||
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