Eddy Khoo's comment on ESCERAM. All Comments

Eddy Khoo
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All conversions completed.
Pek Pek Wong
Hi eddy how u know that the share are all done converted ?
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Victor Yen
warrant expired on 19th Oct 23
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Pek Pek Wong
Yea but convert and issue took time rite?
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Luqman Loco
Whats next?
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sws lss
company a lot cash after conversion.
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Eddy Khoo
warrant expired on 19th Oct and you must provide your decision and remit the payment by today to Esceramic. As brokers would need time to remit, most won't wait until final day to do so. As per 14th Sept announcement, outstanding warrants was 155 millions units. From 14th Sept to today, a total of around 91 millions unit warrants have been converted. remaining 64 millions yet to be converted.
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Eddy Khoo
both directors Ms Tan and Mr Wong holds a total of around 51.5 millions units of warrants and there have been no announcement yet on their conversion. more or less now, just left for the directors to convert. conversion from the market and public should have been completed
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Eddy Khoo
no worry..just sharing what I know and analysed
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kennon liew
Revenue increase but profit drop so much, something is wrong!!
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Eddy Khoo
Ms Tan converted 26.3 millions units of warrants.
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Eddy Khoo
manufacturing biz is expected to be weaker due to challenging environment in gloves industry. building materials is consistent.
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Lucas Lim
Completed and drop sharply.
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Eddy Khoo
just need to wait for re-rating. market still label Esceramic as gloves industry. just see how the big 4 gloves are doing. all down drastically. as long as market doesn't see esceramic as construction material, it's share price won't get a re-rating for now
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