Highlights
KLSE: EITA (5208)       EITA RESOURCES BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
3.09   -0.21 (6.36%)  3.03 - 3.30  1,812,000
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Technical Indicators

Date: Jan 22, 2021 Price: 3.30

Simple Moving Average
10 20 30 40 50 60 90 120 200 250
SMA 2.577 2.335 2.20 2.113 1.992 1.865 1.655 1.557 1.407 1.393
Variance 0.723 0.965 1.10 1.187 1.308 1.435 1.645 1.743 1.893 1.907
Variance(%) 28% 41% 50% 56% 66% 77% 99% 112% 135% 137%
**Variance - Comparison between stock price and moving average.
Exponential Moving Average
10 20 30 40 50 60 90 120 200 250
EMA 2.72 2.447 2.288 2.168 2.067 1.994 1.825 1.729 1.572 1.529
Variance 0.58 0.853 1.012 1.132 1.233 1.306 1.475 1.571 1.728 1.771
Variance(%) 21% 35% 44% 52% 60% 66% 81% 91% 110% 116%
**Variance - Comparison between stock price and moving average.
Relative Strength Index
9 14 25
RSI 94.928 87.097 82.50
**>70 is overbought while <30 is oversold.
William %R
9 14 25
%R -4.412% -4.412% -4.00%
**>-20 is overbought while <-80 is oversold.
Money Flow Index
9 14 25
MFI 91.073 89.213 87.27
**>80 is overbought while <20 is oversold.
Rate of Change
21 63 125 250
ROC 73.684% 170.492% 164.00% 129.167%
**>8% is overbought while <-8% is oversold.
Percentage Price Oscillator
5,35,5 12,26,9
PPO 34.172 13.018
Signal 26.828 8.956
Variance 7.344 4.062
Variance(%) 27% 45%
**Variance - Comparison between PPO and signal line.
Moving Average Convergence-Divergence
5,35,5 12,26,9
MACD 0.761 0.305
Signal 0.578 0.196
Variance 0.183 0.109
Variance(%) 32% 56%
**Variance - Comparison between MACD and signal line.
Stochastic Oscillator (Fast)
14,3 18,9
%K 95.588 95.652
%D 94.353 83.155
**%D >80 is overbought while %D <20 is oversold.
Stochastic Oscillator (Slow)
14,3 18,9
%K 94.353 83.155
%D 89.766 74.077
**%D >80 is overbought while %D <20 is oversold.
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  2 people like this.
 
wishyouallthebest Tqvm, hakubasnow.
18/01/2021 7:43 PM
hakubasnow AMTEL EGM is on 27th of January, I believe the entitlement will be sometime after CNY. But AMTEL 4Q Result should be announced before end of this month.
18/01/2021 7:45 PM
Innerpeacee thanks hakubasnow!
18/01/2021 8:29 PM
HamsterHuat @hakubasnow

Thanks for sharing.
Want to confirm...

27/01/21 is the Ex-Date

So, if i sell off on 27/01/21 , let say my original 1000 units.
my Bonus and Warrant entitlement still stand, right?

just that Bonus share and Warrant share will be deposited on different date later, correct?
18/01/2021 8:35 PM
hakubasnow @HamsterHuat yes you can sell your original shares on ex-date and still be entitled to bonus and warrants. Bonus shares normally you can sell on ex-date but only through remisier not by yourself via online trading. But for warrants the company will announce a listing date.

Unless cases like ESCERAM and JFTECH, where the companies set a date for listing of bonus and warrants. So you can't sell your bonus on ex-date. But you can still your original holding.
18/01/2021 9:28 PM
HamsterHuat Ah...thanks @hakubasnow
Appreciated your contribution very much.
thanks you again.
18/01/2021 9:44 PM
hakubasnow And one shares worth looking right now is Solarvest

SOLARVEST HOLDINGS BERHAD
* Bonus Issue Free Warrants 1 for 4 ( Warrants exercise price @ 1.50 )
* Bonus Issue 1 for 2
* Ex-date expected in 1st Quarter 2021
* Received approval from Bursa but need to pass shareholders approval in EGM
* Today closing price already gap up 50 sen between mother share and exercise price
* Collected myself when the price @ below RM1.80
* But do note that Solarvest is proposing free warrants and then bonus issue, in other word
your bonus shares won't be entitled to free warrants. So if you buy 4000 Solarvest you will
be getting 1000 warrants and 2000 bonus shares
18/01/2021 9:52 PM
HamsterHuat Thanks again @hakubasnow
18/01/2021 10:53 PM
happyhigher Tq @hakubasnow
19/01/2021 10:05 AM
Innerpeacee Done, waiting patiently
19/01/2021 10:31 AM
LOOK009 Also (MSNIAGA 5011) will be the target of the rise.
19/01/2021 10:45 AM
Heilong Hi hakubusnow,
Mind to share where do you find the info when the stock start proposed the bonus issue?
19/01/2021 12:49 PM
mcherman Bookmark these dividend/bonus links:

Bonus, Share Split & Consolidation: https://klse.i3investor.com/entitlement/others/latest.jsp
Stock Dividends: https://klse.i3investor.com/entitlement/dividend/latest.jsp
19/01/2021 2:22 PM
hakubasnow @Heilong : https://malaysiastock.biz/Company-Announcement.aspx?id=1274740
Download the attachement pdf
19/01/2021 4:38 PM
Heilong Thanks hakubusnow andmcherman, is there anyway can see all the proposal. I know bursa and klse screener have it but unless everyday go scroll the announcements to see if there is any company propose something, else how do we know on the same day or one day after the company proposed? I am referring to proposal, not the approved date.
19/01/2021 8:22 PM
Innerpeacee @ Heilong

You can go to "..." More at bottom right of KLSE Screener app
then go to "Entitlement"
then you will see a list of upcoming dividends and share changes (aka bonus issue/ right issue etc)

Hope it helps!
20/01/2021 11:52 AM
Heilong Thanks innerpeace.. Those is already fixed. What I looking for is when first proposed. I know can see from announcement but need to scroll announcement everyday. announcement but, any other place can see
20/01/2021 11:54 AM
Innerpeacee Opps.. my mistake

So far I don't aware of any entitlement proposal list. Maybe need to pay a premium for such service? Hmmmm
20/01/2021 11:57 AM
theintinvestor where u guys find that the warrant will be fixed at 0.70 per piece? thanks
20/01/2021 11:58 AM
GorengHealthcare Eita buy n keep even after bonus
20/01/2021 12:00 PM
ForceBWithU @theintinvestor You can find the Warrants Fixing Price in the EGM Circular to shareholders.
20/01/2021 1:32 PM
ForceBWithU The following is an excerpt of the Circular for the past EGM

Basis of determining and justification for the issue price and exercise price of the Warrants The Warrants will be issued at no cost to the Entitled Shareholders. The exercise price of the Warrants has been fixed at RM0.70 each after taking into consideration of the following: (i) the historical price movement of EITA Shares; (ii) the TEBP of EITA Shares of RM0.66, computed based on the 5-day VWAP of EITA Shares up to and including 17 November 2020 of RM1.31 (being the last trading day prior to the Announcement) (“Price-Fixing Date”); (iii) the prevailing market conditions; and (iv) the future funding requirements of EITA Group. The exercise price of the Warrants represents a premium of approximately RM0.04 or 6.06% to the TEBP of RM0.66. The Board is of the view that the said exercise price is sufficiently attractive to increase the potential of the Warrants being exercised and accordingly raise additional funds for the Company in the future, as and when the Warrants are exercise. For illustrative purposes, the theoretical ex-prices of EITA Shares pursuant to the Proposals are set out in Section 2.3 of this Circular.
20/01/2021 1:36 PM
kentrade888 Circular/Notice to Shareholders
G3 GLOBAL BERHAD

Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED BONUS ISSUE OF UP TO 1,856,249,934 NEW ORDINARY SHARES IN G3 GLOBAL BERHAD ("G3 GLOBAL SHARES") ("BONUS SHARES"), ON THE BASIS OF 3 BONUS SHARES FOR EACH EXISTING G3 GLOBAL SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE")


Please refer attachment below.

Attachments
G3 Global - Circular.pdf
312.8 kBG3 Global - Administrative Note.pdf
128.2 kB

Announcement Info
Company Name G3 GLOBAL BERHAD
Stock Name G3
Date Announced 20 Jan 2021
Category Document Submission
Reference Number DCS-20012021-00004
20/01/2021 2:54 PM
theintinvestor @ForceBWithU isn't that exercise price? we still do not know the warrant will list at what price correct? thanks
20/01/2021 3:08 PM
ForceBWithU My gut feelings is that EITA will touch 4.00 b4 ex-Bonus and warrants as the paid-up is only 130M and major shareholders hold around 65% leaving small free float in the market.
I think lots of ppl have accumulated the share when it was 2.60 thus leaving a small amount left in the market.

Possible to do a EURO act pre and post bonus but with added bonus of free warrants.
20/01/2021 4:18 PM
kentrade888 Will exceed 4 before the dividend date
21/01/2021 9:16 AM
Innerpeacee Waiting for Jan 27 ex date patiently. 4 more trading days to go. Gogogooo!
21/01/2021 10:05 AM
kentrade888 Now only the counter that sends bonus issues will go up. (Eita, focusp, Amtel)
21/01/2021 10:09 AM
LOOK009 It should be above 3.3 in the afternoon.
21/01/2021 11:46 AM
shlyw There is no upper limit for this counter, which may reach RM4,5,6.
21/01/2021 12:29 PM
wkkht Only the bonus issue counter can keep rising.
21/01/2021 3:26 PM
loongken Tomorrow can reach to RM4.
21/01/2021 9:28 PM
ForceBWithU @ hakubasnow Can you please advise when EITA ex BI and Warrants on 27/1, when can I sell the mother share without jeopardizing both my bonus and warrants entitlement.

Also just to confirm, 3 EITA share will entitle the holder for 3 Bonus shares and 2 Warrants. Am I correct.

Appreciate your assistance and hope you huat huat with EITA and Amtel.
22/01/2021 8:32 AM
yiqqre The company is buying back shares.
22/01/2021 9:04 AM
hakubasnow @ForceBWithU

You can sell both you existing AND your bonus shares on 27/01/21
Please refer :
https://malaysiastock.biz/Company-Announcement.aspx?id=1288439

There's a clear explanation :
For example, if Mr X purchases 100 EITA shares on cum basis on 26 January 2021, Mr X should receive 100 shares on 29 January 2021 (instead of 26 January 2021). As a result of the bonus issue, a total of 200 EITA shares will be credited into Mr X's CDS account on the night of 29 January 2021 being the Book Closing Date. Therefore, Mr X can sell the bonus issue shares of 200 on or after the Ex-Date ie from 27 January 2021 onwards."

Only the free warrant you need to wait for further announcement of the listing, obviously they need to determine the quantity that you are entitled
22/01/2021 9:15 AM
ForceBWithU Thanks @ hakubasnow. Just want to confirm if you have 1000 EITA, you are entitled to 667 Warrants after to-date on 27/1. On 27/1 onwards can sell EITA without forfeiting your warrants entitlement right?
22/01/2021 9:44 AM
hakubasnow For EITA they are giving 1 for 1 bonus and 1 for 1 for 3 free warrants

To avoid getting odd lot it's wise to purchase in multiple of 3
For example 3000, 6000, 9000 and so on

Let say you buy 6000 shares
With Bonus Issue your total holding = 12,000
And with 12,000 shares you will be entitles to 4000 Free warrant shares
22/01/2021 9:58 AM
hakubasnow And to your other question, yes you can sell EITA or bonus shares on ex-date and still be entitled to the warrants
22/01/2021 9:59 AM
ForceBWithU @ hakubasnow. Thank you. All Clear now.

I can safely sell all my JFTECH now and move funds to EITA. I think with a small share capital of 130 million and cornered plus good fundamentals, EITA can move above RM4.00 b4 BI entitlement date.
22/01/2021 10:04 AM
Innerpeacee @yiqqre

where do you read this?
22/01/2021 1:13 PM
yiqqre https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3123282

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3123282
22/01/2021 4:00 PM
Innerpeacee @yiqqre

superb fresh news, thanks

Will scan through over the weekend if have time :)
22/01/2021 4:11 PM
Invest89 How is the closing today, strong? Since the annual report is out, does that mean Monday will sell on news? And if the company is buying back shares that is not a good thing right?
22/01/2021 5:13 PM
dp_pupi Last day to entitle for bonus n warrant is on 26 Feb rite?
23/01/2021 1:47 AM
Innerpeacee @dp_pupi

Ex-date is Jan 27 and so last day last chance to grab EITA bonus shares and warrants is Jan 26
23/01/2021 10:41 AM
Innerpeacee @Invest89

In general I think there is no direct linkage to trigger to sell down upon release of AR 30/9/2020. SBB can be good or bad depends on company position and management planning. With ok strong liquidity and NCA position, I don't think it's a bad idea

Maybe you can have a read from investopedia

https://www.investopedia.com/ask/answers/042015/why-would-company-buyback-its-own-shares.asp
23/01/2021 11:03 AM
dp_pupi Both warrant & bonus will b deposited on 29 Jan?
23/01/2021 8:59 PM
wishyouallthebest Hi, can anyone comment on EITA fundamental. Is it strong? And any project coming soon?
23/01/2021 10:50 PM
Abba84 This is a good companyq Qtr performance showed profits on all qtrs.
Its booked project value as in its FR 2020 was closed RM 512 millions.
...just go to its website n see all details of Eita.the foreseeable risks 1 could imagine is on continuation of MCO2 which could derail their revenue s for 021as for me i m not sure if its Worthy to buy before its bonus ,wrrnts exdate.
24/01/2021 10:40 AM
wishyouallthebest @Abba84 thanks for your information
24/01/2021 9:06 PM


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