King Wan    Last:0.054   -

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I bought at 58 :))

 

so big gap down.
scary sia. heng out already. one day diff so big.
 

 

this bb fierce

 

Caution was advised earlier and those who heeded it had probably made money by selling out or saved a bundle. Pump and Dump is evident before 2c Rts shares hit mkt.. n falling like a stone on first day of Rts trading... 
Must see what' s the fundamentals from here...
Dyodd

 

The drop rate faster than OIO

 

game over for now until at least force selling over

 

58m excess rights...see can absorb or not ...

papayaface      ( Date: 08-Sep-2021 09:06) Posted: Many gotta cut loss. Good luck Contratrader      ( Date: 08-Sep-2021 09:04) Posted: Yesterday already said liao...at 2c  still big fat meat ,,,,just dont know where is the support ...might not drop all the way to 2c.

 

Got to have nerves of steel to hold.....do anyone have.....haha...😉

 

Many gotta cut loss. Good luck

Contratrader      ( Date: 08-Sep-2021 09:04) Posted: Yesterday already said liao...at 2c  still big fat meat ,,,,just dont know where is the support ...might not drop all the way to 2c.. Contratrader      ( Date: 07-Sep-2021 16:49) Posted: Right share 2c tomorrow in liao...

 

Yesterday already said liao...at 2c  still big fat meat ,,,,just dont know where is the support
...might not drop all the way to 2c..

Contratrader      ( Date: 07-Sep-2021 16:49) Posted: Right share 2c tomorrow in liao...

 

That means on Sept 8, this stock price will plunge to low, right?

PhillipTan      ( Date: 07-Sep-2021 23:08) Posted: King Wan rights issue 176.4% subscribed, raises $6.98 mil King Wan Corporation has raised $6.98 million in gross proceeds through its rights issue. The company, on March 31, proposed a renounceable non-underwritten rights issue of up to 349.18 million new shares at an issue price of 2 cents per rights share. On Sept 7, King Wan announced that it had received applications for 616.05 million rights shares, representing 176.4% of the 349.18 rights shares available. After deducting the estimated costs and expenses of around $0.23 million, the company' s net proceeds total $6.75 million. The net proceeds will be used for the expansion and growth of the existing business and general working capital purposes. The shares will be listed and quoted on the SGX-ST' s Mainboard at 9am on Sept 8. King Wan, on Sept 1, received a query from the Singapore Exchange Regulation (SGX RegCo) for the " unusual volume movements" of its shares. On that day, the company' s share price surged 44% to a high of 3.6 cents. King Wan later issued a response that it was in talks with an unnamed third party to set up a joint venture for retrofitting and upgrading works. Shares in King Wan closed 0.6 cent lower or 7.41% down at 7.5 cents on Sept 7.

 

King Wan rights issue 176.4% subscribed, raises $6.98 mil

King Wan Corporation has raised $6.98 million in gross proceeds through its rights issue.

The company, on March 31, proposed a renounceable non-underwritten rights issue of up to 349.18 million new shares at an issue price of 2 cents per rights share.

On Sept 7, King Wan announced that it had received applications for 616.05 million rights shares, representing 176.4% of the 349.18 rights shares available.

After deducting the estimated costs and expenses of around $0.23 million, the company' s net proceeds total $6.75 million. The net proceeds will be used for the expansion and growth of the existing business and general working capital purposes.

The shares will be listed and quoted on the SGX-ST' s Mainboard at 9am on Sept 8.

King Wan, on Sept 1, received a query from the Singapore Exchange Regulation (SGX RegCo) for the " unusual volume movements" of its shares.

On that day, the company' s share price surged 44% to a high of 3.6 cents.

King Wan later issued a response that it was in talks with an unnamed third party to set up a joint venture for retrofitting and upgrading works.

Shares in King Wan closed 0.6 cent lower or 7.41% down at 7.5 cents on Sept 7.

 

Anyhow sell so many 吐 口 水 淹 死 你 😅

peterwong321      ( Date: 07-Sep-2021 21:57) Posted: Big thank to  MasterYuan  , sold 500 lots @90, and going to another counter. Boss got plenty of 0,02 cent of 290,946,130 right share ready to sell to you , they anyhow sell also kill us

 

buy already just keep, sell already move on. There is no right or wrong is up to yourself 

 

All the big shareholders took the rights and the excess was massively oversubscribed.... A good sign.....😉

 

Tmr confirm all counter red one covid-19 fear in sg. Short all the way.

 

Like what other brothers warn us before, make enough just skip if not all your earning will go to someone else pocket 

 

Jialat, tmr gap down and dump all the way

peterwong321      ( Date: 07-Sep-2021 21:57) Posted: Big thank to  MasterYuan  , sold 500 lots @90, and going to another counter. Boss got plenty of 0,02 cent of 290,946,130 right share ready to sell to you , they anyhow sell also kill us

 

Big thank to  MasterYuan  , sold 500 lots @90, and going to another counter. Boss got plenty of 0,02 cent of 290,946,130 right share ready to sell to you , they anyhow sell also kill us

 

Congrats to those that followed me 

kiattttt      ( Date: 07-Sep-2021 09:25) Posted: Sold at 0.09!