Any day before x date you buy all entitle for bonus. X date not firm yet, no EGM announce maybe another month. Your 800 lot = 80,000 unit after x date maybe April or May becomes 100,000 unit means you get 20,000 unit free. your share price 14.75 average down becomes 11.5. If lucky price goes up to 12 you make money.
Hi SB, you will entitle to 267 lots (800 lots / 3) bonus shares as you bought it before announcement of bonus issue ex-date.
If Nexgram last closing price before ex-date is 15 cents, all your existing & bonus shares (800 lots + 267 lots) price will be adjusted down to 11 cents.
Choo, I think NG share price will be hovering at 13.5 - 15 cents before ex-date if there is no any other good news within bonus issue period. But maybe more than 15 cents if upcoming 3rd qtr result is very impressive.
Fat dream. Anyone notice the owner also own protasco. Last time push up price 90 to 150, then drop to 125. Now 125 goes up again maybe 180. Looks familiar 8 to 16 now 12.5?
Pk1510, this is different from protasco. TPY is the captain of the ship of NG. For Protasco, he's more like a vicious trader, going in and out like trading. For NG, he is buying back the shares of NG (after selling protasco), for real and means business.
How we know its true? For one, why would he plow back the money into NG again if he thinks there is little development in place. He could have retained his shares in Protasco, but he thinks otherwise. He felt his money would be put into better use in NG, thus he's making quite a sacrifice i would say to dispose Protasco and invest NG.
From an investor point of view, its like disposing Public Bank and invest into MBSB bank. As an outsider, it just doesn't make sense, but if you see someone from the top does that, there must be some reasons behind it, and it is definitely something that all of us can't smell or vision yet, due to insider news.
As investors, we should attempt to observe the movements of these top shots, and analyze the possible reasons behind it. If one is patient and followed based on his/her reasoning (like buying NG now when TPY is buying), with some patience, there are big bucks to be earned. Often people missed these opportunities because they are impatient, inexperienced and no discipline. By no discipline, I mean they cannot withstand seeing other counters moving up, while NG is just stucked at 0.125 levels for some time.
Meanwhile, they carelessly ignored the very fundamental reasons why the directors keep repurchasing shares of the company. They are practically dillusioned by opportunity costs now. There are just so many clues in front of all u here right now. News that are in public, news that are in Bursa. You will see TPY buying back shares quite frequently, all the way from 0.09 until 0.125, and his stake increased from approx 9% to 21% now, a really huge accumulation (very soon after disposing Protasco).
It is only the wise people, thinking out of the box a little, that can see this opportunity. Not many people can be rich due to common thinking and not willing to take the risks. Of course, common people would be afraid buying into NG, fearing it might drop further, like how it dropped from 0.16 to 0.125.
But seeing how things goes right now, with so many catalysts in place and the CEO himself buying back shares like crazy, you just cannot deny something is happening. Facts are lying in front of all of u, its just whether you're willing to take some risks here, just like doing business.
Investing is like business and if risks are willing to be taken by the wise people, they will succeed if things turn out the way the predicted many couldnt.
I advise all NG holders to remain in seat, don't be fooled or conned into selling just because there are some fluctuations of prices below your cost. Business people look at the big picture with calculated risks for the potential explosive growth it is to come.
If u still have doubts causing u to be unable to sleep at night, I advise u to sell NG because this is not for the weak stomach, and definitely not for the common people.
For those who plans to hold on tight and wait for the last card like in a Poker game, I must say you guys look at all the hints lying around right now. NG's quarterly results would be out soon, and as I mentioned in my earlier posts, results should be getting better towards the end of the completion of the project with Inovisi, as revenue recognition is higher towards completion.
And not to mention, bonus issue would like go through and if results are outstanding, with potential M&As (hopefully cash rich companies), dividends will be determined in April 2013. All these catalysts are in just a few months time and the CEO has started and will continue to accumulate from those with weak stomach or rather impatient investors. When the good times come, the one that held on will be handsomely rewarded, while those that left the ship, good luck with your new portfolio. Hopefully it matches your "ex-NG's" returns, if not exceeding it.
Investhor, you will get additional 167 lots WB (500 lots / 3) and the ex-price of WB will depends on the last closing price b4 ex-date. Let say 5 cents b4 ex-date will be adjusted down to 3.5 cents on ex-date.
On a side note, market might be facing turbulence on Monday due to various events occured. Let's keep this forum silent for one day as a sign of prayers and respect.
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....
bull9395
98 posts
Posted by bull9395 > 2014-03-07 09:48 | Report Abuse
will not buy too fast else expensive. maybe go down or holding low until bonus x date. TP .12. up side TP.135