Do not listen to spaghetti....news on Airasia, “We are neutral on this event pending details. We now rate AirAsia as a ‘hold’ (previously buy) as the current share price, which has outperformed, offers limited upside to our unchanged target price of RM1.80, which is pegged to one time 2016 P/BV,” it said.
Sure or not? Do not just open your mouth to shout without verifying. For me, I am well hedged. If up, I can sell my existing holdings. If drop more, I can average down more for a better price to sell.
For those who do not know what dovish speech means, please check it out from CNBC. These are very important investment terms to understand for all traders and investors.
You only like to talk craps. Tell us you have checked the company's background, prospects, etc, but do not know analysts' recommendations. Read Whats_up's reply on Airasia...
A lot of my friend get burn because believe in analyst report during the markat crash. When market hot, they write everything good . when market down trend they write the other way. so be cautious.
Yesterday, you called it panic selling? Panic selling, where got drop 10 sen only? It was squaring of positions by contra players chasing high the previous day to 1.92....
Do u know how much profit i get from stock market for 40 years.Here i can tell u 2-3 bangalow in penang. 5 shop houses , 2 palm oil estate in kulim which i bought 15 years ago { last time only cost almost 2-3 million but now i also tak tau kira loh.} Don't forget i am a margin player not kucing kurap like u. Beli sikit bising satu kampung.
John1234.. Me too investing with my hard earned money.. I am always pray that this shares will give us some profit and with this we can help people around us..
Frankly, I do not need to promote this share here. My trade plan can work in any situation(either price up or down). But I saw that many of you are stuck in this counter and somebody kept on talking down on this counter. That is why I came in to stop him.
The bulk of my investments are in blue chips like bank counters, Genting, etc. There is no need to promote one. The local funds will know what to do.
Only non-blue chip counters need to promote actively...
That's Why i told u all many times . Don't make fast money and invest in goreng counter. Up and down very fast . like what happen in second board" Example{ REPCO from below rm 10 goreng above rm 100 in few month.time" My friends made a lot of money . I already advice them not to invest in goreng counter but they said Goreng counter can make fast money especially second board. My friends made a lot of profit between 1 - 5 million in one year. All smile by that time. Now tinggal seluar dalam sahaja. } Nobody is perfect although i already start investing in stock market since 1976 until now. Sometime also terkena juga . HA! Ha !
SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS) GENETEC TECHNOLOGY BERHAD ("GENETEC" OR THE "COMPANY") (I) PROPOSED SHARE CONSOLIDATION; AND (II) PROPOSED AMENDMENT (collectively, the "Proposals")
GENETEC TECHNOLOGY BERHAD
Type Announcement Subject SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS) Description GENETEC TECHNOLOGY BERHAD ("GENETEC" OR THE "COMPANY")
(I) PROPOSED SHARE CONSOLIDATION; AND (II) PROPOSED AMENDMENT
(collectively, the "Proposals") For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the Company’s announcement dated 4 March 2016 in relation to the Proposals.
We refer to the Company’s announcement dated 4 March 2016 and 25 March 2016 in relation to the Proposals.
On behalf of the Board of Directors of Genetec, KAF Investment Bank Berhad wishes to announce that Bursa Malaysia Securities Berhad had, vide its letter dated 31 March 2016, approved the Proposed Share Consolidation.
Abstracts from the attachment file: 3.0 RATIONALE FOR THE PROPOSALS The Proposed Share Consolidation is expected to reduce the fluctuation in the Company’s share price. It will also encourage investors to view the Consolidated Shares as a long term investment rather than a ‘penny stock’, which can be prone to speculative pressures. The Proposed Amendment is required to facilitate the Proposed Share Consolidation.
4.0 EFFECTS OF THE PROPOSALS The Proposed Amendment will not have any effects on the issued and paid-up share capital of Genetec, substantial shareholders’ shareholdings in Genetec, consolidated net assets (“NA”) per share, consolidated gearing, consolidated earnings and earnings per share (“EPS”) of the Company.
5.0 APPROVALS REQUIRED The Proposals are subject to the following approvals being obtained:- (i) Bursa Securities for the Proposed Share Consolidation; and (ii) shareholders of Genetec for the Proposals at an extraordinary general meeting to be convened.
10.0 ESTIMATED TIME FRAME FOR SUBMISSION TO THE RELEVANT AUTHORITIES AND COMPLETION All applications in relation to the Proposals will be submitted to the relevant authorities within one (1) month from the date of this announcement. Barring any unforeseen circumstances, the Proposals are expected to be completed by the second (2nd) quarter of 2016.
Hi guys, I'm holding this stock, the shares consolidation will automatically consolidate my current shares? do I need to do anything? I never encounter this before, appreciate a lot
2.1.4 Procedures for the issuance of the Consolidated Shares As the Existing Shares are prescribed securities, the Consolidated Shares will be credited directly into the respective central depository system accounts of the entitled shareholders whose names appear in the Record of Depositors of the Company on the Entitlement Date and no physical share certificate will be issued. In addition, the trading of the Existing Shares will not be suspended for the purpose of implementing the Proposed Share Consolidation. The Consolidated Shares will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) on the next market day after the Entitlement Date. The notices of allotment will be issued and despatched to the entitled shareholders within four (4) market days after the date of listing and quotation for the Consolidated Shares.
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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....
spaghetti
611 posts
Posted by spaghetti > 2016-03-28 16:40 | Report Abuse
Highest rm 1.92 . Unbelievable, BBBBBBBBBBBBBBBBOOOOOOOOOOOOOOOOOOOOOMMM.