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2 comment(s). Last comment by stock5678 2012-11-29 22:51
Posted by stock5678 > 2012-11-29 22:51 | Report Abuse
Just wondering why they need to do this? price no change, no capital repayment even after par value reduce 90%. I think when dividend payout in future, will be base on 0.10 par value. Or i think this is one of the way they make money where soft saving and generate profit through par value reduction. Sure next result will continue to be profit, given wrong perception.
Just like we had a glass of tea at RM1.20. Now price remain the same but glass become smaller 90%.
Like now Ron97 price up, no people concern. But when they want to increase price, they will say Ron95 finish, all must use Ron97. So price not increase but we have to use expensive price fuel. Increase in other way.
Haiz, there are many way to make money by them one. what to do? The chance is coming, u know what to do la. Else, just take the heat.
No result.
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Axcapital's investment blog
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Mercury Securities Research
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Ian Lim Koh Huat
190 posts
Posted by Ian Lim Koh Huat > 2012-11-28 10:25 | Report Abuse
What a dumb thing to do!