Good biz n related to many made in USA products of various fields n esp medical products shall see the co going thru the bad patch n moving forward. It need to clear all the weak holders first before it can resume its heyday.
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : ESOS ESTABLISHMENT OF AN EMPLOYEES' SHARE OPTION SCHEME INVOLVING UP TO 30% OF THE ISSUED SHARE CAPITAL (EXCLUDING TREASURY SHARES) OF MLABS FOR THE ELIGIBLE DIRECTORS AND EMPLOYEES OF THE COMPANY AND ITS NON-DORMANT SUBSIDIARIES ("ESOS" OR "SCHEME")
I m not sure of this.. Kindly correct or enlighten me if i m wrong : 1. When directors etc get their ESOS, do they normall sell or keep? 2. Assuming the have to sell, how long wl the sale of all these shares last? (how many shares in all? Sorry) 3. Can we predict or just make some educated guesses tat the share p sh move once these ESOS are sold (assuming the receipients must sell them) .THANK U.
Use con-man sense la if price ESOS at 0.10 sure laaa directors will want to sell it above 0.10, like Dnex esos 0.245 price they issued Apr 12 price push to 0.45, then issue again same price 0.245 Apr 26 price push to 0.55, May 12 issue esos again same price price push to 0.60. For sure shareholders want to make money not issue esos at 0.10 sell at 0.08 stupid la shareholders for issuing esos.
Esos normally given to everyone in the company but the number of entitlement are different based on job position. Director get more. The price normally lower than market price on a fixed date, probably 10% cheaper. Not current price. Employees can choose to subscribe it within the subscription period or else burn.
Employee share schemes (also known as employee share purchase plans or employee equity schemes) give employees shares in the company they work for, or the opportunity to buy shares in the company.
Share purchase plans offer eligible employees the chance to purchase shares, sometimes through a loan from their employer. The shares are often paid for through salary sacrifice over a set period (for example, 6 months), or by using the dividends received on the shares. Some share purchase plans also allow employees to pay for the shares in full, up front.
Employees on higher incomes are often eligible to receive shares as a performance bonus, or as a form of remuneration, instead of receiving a higher salary.
The share schemes of larger companies usually offer employees 'ordinary shares' that provide an equity investment in the company. However, smaller companies may only offer 'pseudo' equity schemes that pay dividends but do not give employees the rights associated with traditional share ownership, such as the right to vote at annual general meetings.
Employee share schemes are a way of attracting, retaining and motivating staff as they align employees' interests with shareholders' interests. Employees can benefit financially if the company performs well.
The shares might be offered without a brokerage fee or at a discount to the market price. There may also be tax benefits but this will depend on the employee's financial situation and the unique features of the share scheme.
There are often limitations on when employees can buy, sell and access shares through their company's share scheme.
There may only be an annual window during which shares can be bought or sold. Employees may also have to get permission from the company before buying or selling the shares.
If the employee is paying back the cost of the shares over a period of time, they do not have the right to sell them until they have been paid for.
Even if the shares have been paid for, some companies may insist that employees give back their shares when they leave, or sell them at the current market price, even if that price is less than what they paid.
Some share packages come with restrictions, where employees only receive part or all of the shares if certain performance targets are met, and they remain with the company for a certain number of years.
Employees who entitled to get the shares will only be allowed to sell the shares once it's approved by the company and it may take some time(a year) to burn or sell the shares.
Wao! u all are such competent ('u liao'!) investors! Moreover, u like kai loon, etc are so KIND n selfless + patient to share your knowledge! Slowly but Surely enuf i can learn a lot from u all, haha!
Supply (sell) 0.100 more than demand (buy) 0.095 at the moment. 0.095 is still current support level. Those bought 0.095 in big volumes last & this week still holding, hoping to break 0.100.
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....
stonebridge
174 posts
Posted by stonebridge > 2017-09-26 22:31 | Report Abuse
Buy and keep...u wont lose