On Friday, AHB it is recommended every three shares in the ratio of one share of the delivery of the highest 600,000,000 17,384,147 bonus shares to shareholders.
Kuala Lumpur, 21st) Yifeng Netcom (NEXTNAT,0096, GEM) suggested that for every 3 units get 1 unit ratio, delivery of maximum 617,384,147 bonus shares to shareholders.
Yifeng Netcom will be in the share premium account and profit retention account, remove about Ji Lingji 61.74 million order in order to finance the loyalty bonus scheme.
6 months ended October 31, 2013 fiscal year, Yifeng Netcom share premium account and profit retention account 41.031 million ringgit and 36.574 million ringgit respectively.
Recommended delivery of shares of the company, mainly to repay the shareholders ' support, and expanded equity base and increase market liquidity.
Yifeng Netcom on February 25 (Tuesday) at 9 o'clock in the morning, changed its name to "NEXGRAM HOLDINGS BERHAD".
Shares and the shares of voucher, will be replaced by "NEXGRAM", "NEXGRAM-WA", "NEXGRAM-WB" then "NEXGRAM-WC".
Its a good thing, this counter is taking some rests. Can't be moving up forever. Its good to clear off a big bulk of holders and re-invite new batch buyers to move the price up again. This is technical analysis.
Notice Iris too, had a few moments of distribution to scale higher. Iris stopped moving a few days after it surged. Going upwards too much too quickly is a sign of danger and it may just fall back as quickly, like KNM. The more steady it goes, the more comfortable I am holding this counter.
TuaHuat, today NHB share price was dropped due to profit taking after announcement of bonus issue. Anyhow, I think NHB price will be firmly supported by bonus issue news and will consolidate at 14 - 15.5 cents a few days prior to moving up further.
MrOmg, I haven't taken profit as less than my TP. The NHB share price may dropped more than 0.5 cent if I took profit by yesterday. Don't worry, I will let you all know if I sell my NHB shares. :)
news announce in Q1... bonus shares target to complete by Q2, dividend announcement will be april (Q2 also).... so, buy when correction.. keep for Q2 harvesting...
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....
0007
1,134 posts
Posted by 0007 > 2014-02-24 13:26 | Report Abuse
Yes , I want sapu all your on hand stock .
Haha ! I want let u all win money .