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5 comment(s). Last comment by ss20_20 2016-07-02 08:34

Posted by johnknight90 > 2016-07-01 11:39 | Report Abuse

i'm confused here, i just checked and genetec is trading at its lowest since 2013 to 2016. How is it possible to make a gain of such huge amount, can someone enlighten me.

skyz

1,650 posts

Posted by skyz > 2016-07-01 11:58 | Report Abuse

@johnknight90, they didnt update after consolidation. if they buy 20000 shares earlier at 28cents, its RM5,600. now after consolidation 10 shares to 1, it should be 2000 unit shares only multiply current price of RM1.04 = RMRM2,080 instead of 20000 multiply RM1.04 giving RM20,800. so its should be a loss of around RM3k+ instead of gain of 15,200. the portfolio doesn't sync with share split/conso/bonus shares, portfolio owner need to do necessary adjustment. hope my illustration is clear.

Posted by johnknight90 > 2016-07-01 12:10 | Report Abuse

thanks @skyz, u explained it very well.

007

1,902 posts

Posted by 007 > 2016-07-01 16:56 | Report Abuse

so no.1 actually is count from behind...wow

ss20_20

91 posts

Posted by ss20_20 > 2016-07-02 08:34 | Report Abuse

I suggest to hide those do not follow the rules of game ie having transactions during the one year period and those with problem links. No point to list the return if there is no standard guidelines.

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