AGM is to be held on 16th Aug. An announcement will be made to bursa tomorrow after market close. Circulars will be sent out to shareholders latest by 25th. 0.5 sen share is tax exempt.
Better stay away from this counter, don't get into trap and there is no Fast Money in the share market. Why not "we" invest in good fundamental counter that able to provide stable dividend income and at the same time share price growth? This counter start from RM0.05 and higher reach to RM0.50 then now fall to RM 0.10 and below. So, anyone can tell "us" those who bought at higher Price need to wait for how many years only can get back their modal? RM 5 dividend yield is how much for those bought at RM0.20 or RM 0.50?
This boss just listed the company for make fast money, if u trace back the records, issue bonus share to own pocket and then sell in open market, I think The boss tot investors are "water fish". If they are good management why not give bonus issue? Bonus share will caused the share capital increase, and indirectly it will drag down the EPS.
My advise is stay away and dont regret later, Market reach 1800 points anyone can imagine if get trap in this counter, how many years u need to wait ??????? 10 years with RM 5 dividend ?
Again, even share price with RM 0.10, but we cannot think that is cheap, Cheap must based on P/E. Thanks
Then, I think sandrachoong sure very good to know when is entry point and when to let go. Hehehehe! Nowadays this type of tactic cant work already. Good luck ..
Point in case is, who says buy at 20? ..... Or were you caught at 50 then? If so, you do not know the workings and vagaries of the stock market. Let me tell you the recipes that drive any stock market. 1) hot money 2) manipulation. And fundamentals will remain so until hot money comes in to drive it up.
KFL, me no insider laaaa. Just that i think this is one steady counter with some room to go, so i follow the corporate news closely and get people informed. However, i also like Tdex and Extol. These have potential to take off too.
info to share on TECHNODEX BHD ("TDEX" OR THE "COMPANY")
RENOUNCEABLE RIGHTS ISSUE OF UP TO 85,196,350 NEW ORDINARY SHARES OF RM0.10 EACH IN TDEX ("RIGHTS SHARE(S)") TOGETHER WITH UP TO 85,196,350 FREE DETACHABLE WARRANTS ("WARRANT(S)") ON THE BASIS OF ONE (1) RIGHTS SHARE TOGETHER WITH ONE (1) FREE WARRANT FOR EVERY THREE (3) EXISTING ORDINARY SHARES OF RM0.10 EACH IN TDEX ("TDEX SHARE(S)" OR "SHARE(S)") HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("ENTITLEMENT DATE") ("RIGHTS ISSUE WITH WARRANTS")
The terms used herein shall, unless the context otherwise states, bear the same meaning as those defined in the announcement dated 25 February 2013 in relation to the Rights Issue with Warrants. We refer to the announcements dated 25 February 2013, 11 March 2013, 25 March 2013, 5 April 2013, 11 April 2013 and 17 April 2013 in relation to the Rights Issue with Warrants.
On behalf of the Board, RHB Investment Bank Berhad ("RHB") wishes to announce the following:-
(i) the Board had on 6 August 2013 executed the Deed Poll constituting up to 85,196,350 Warrants to be issued pursuant to the Rights Issue with Warrants ("Deed Poll");
(ii) the Board has resolved to fix the issue price of the Rights Shares at RM0.10 each, representing the par value of TDEX Shares; and
(iii) the Board has resolved to fix the exercise price of the Warrants at RM0.11 each, representing premium of approximately 17.02% to the theoretical ex-rights price of TDEX Shares of RM0.094, calculated based on the five (5)-day WAMP of TDEX Shares of RM0.092 up to and including 5 August 2013, subject to the provisions of the Deed Poll.
the above was publish by bursa malaysia on 6th Aug 2013
I prefer systech over tdex or extol....systech looks more stable in terms of growth....Shld go up soon if p n l good again....good news in divident as well....
The payment of the Single Tier Final Dividend of 5% in respect of the financial year ended 31 March 2013 is subject to the approval of the shareholders at the Third Annual General Meeting of Systech Bhd to be convened on 16 August 2013. You are advised to read the full contents of the announcement or attachment at http://www.bursamalaysia.com.
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mofais2013
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Posted by mofais2013 > 2013-07-08 13:40 | Report Abuse
.085 is quite good... Mega support actually .08 and 0.85. Usually price will up any time from these two point if you compare previous price history..