I sold the existing shares on ex date when it limit up at 1.96. JR bonus shares and warrant I intend to keep for long term and that's the budget/risk I can tolerate for this share.
I added more EITA and Slvest with that sum. I have SCIB too but not going to top up more because that's the budget I allocated
It may look like 3 months before the warrants and bonus entitlement are all completed. But in actual fact due to the way Solarvest staggered the whole process, it seems to run until May
Okay let me explain.
Normally it would take 9 or 10 working days after the announcement for the ex-date or listing of new shares to take effect.
Example in case :
* Rhonema - EGM on Monday 18/01/21 - Announced bonus free warrant 2 for 5 and ex-date on 03/02/21 - From EGM date until ex-date, took 10 working days excluding Thaipusam holiday and Hari Wilayah
* Focus Point - EGM on Monday 19/01/21 - Announced bonus 1 for 2 and ex-date on 03/02/21 - From EGM date until ex-date, took 9 working days excluding Thaipusam holiday and Hari Wilayah
* Solarvest - EGM already fixed on Friday 05/02/21 - Let day on the same day (5th Feb) announced bonus 1 for 2 ex-date on 03/02/21 - The ex-date is expected to be on MON 22/02/21 or TUE 23/02/21 excluding 11th Feb (half day trading) & 12th (CNY) - The listing of Solarvest Warrant will another 9 or 10 working days later. Which is between 5th March to 10 March depending on when the ex-date maybe. - After the completion of warrants entitlement next will be the bonus issue.
The thing is we can't be certain when the share will start to move. No harm buying when the price is still low. I bought a few Focus Point on 18/01/21 at 1.11 just for fun. The next day (EGM day) it closed at RM1.00 but the same day it announcement the ex-date and started to move t=until above 1.40
bursaking9999 : with today 1st day drop to low volume, need to see t+2 /3..collected volume. if seller dry up maybe chance of another run up. hopefully..
I admit I did not buy it.But I hold HSBC Hong Kong shares at HKD 40 (HKD 80k).Fukujin just reminder I speak in good deed.No need piss off.The price already adjusted for bonus issues usually will will drop.Just told u the price start from 20 cents range (March 2020).This year high rm 2.44.The news already come in,in advance.Choice urs.
Posted by Fukujin > Jan 22, 2021 1:02 PM | Report Abuse
@Micheal Kwok Please stick to those penny and sen stocks which you love and suitable for people like you. I bet you didn't even hold any JFTECH and but keep on barking here and there. Put your mouth where your money is please. People here are well informed and your advise is seriously not welcomed.
A good stock pick considers many aspects such as market forces, and future prospects not just price alone. Why people keep buying into MPI when it's over RM30 now? Go there and complaint la.
MPI support by the demand in chip.The real profit it's already show.The futures of chips involve.If u dares to eat MPI maybe can go as high as Rm 40 range.
Posted by Fukujin > Jan 22, 2021 1:02 PM | Report Abuse
@Micheal Kwok Please stick to those penny and sen stocks which you love and suitable for people like you. I bet you didn't even hold any JFTECH and but keep on barking here and there. Put your mouth where your money is please. People here are well informed and your advise is seriously not welcomed.
A good stock pick considers many aspects such as market forces, and future prospects not just price alone. Why people keep buying into MPI when it's over RM30 now? Go there and complaint la.
@novice 296 : Thought I did see it in Bursa announcement on 21 Jan for solarvest bonus and warrant info though no date determined yet as proposal. prob good to collect some before approved.
@ lcmflily : Most likely evening of 02/02/21 or morning 03/02/21 The listing for both bonus and warrant have already been fixed on 03/02/21 There are no way you going to see you bonus or warrants in your portfolio any earlier than that
From what I know jft only produce s high quality test sockets for computer chips. Meaning if I am right, they dont produces chips or chips manufacturer !
Boarding the way to success we may experienced mixed weather before we could see sunshine. So why so panic about raining season . Just relax and collect if ticket price is attractive.
You will only get yr bonus shares 2days after listing of warrant/bonus on 3/Feb! But listing is on 3rd/Feb.. That means you can not sell it on listing date ??? Can anybody help me to clarify ...Thanks
Just now collect some at 1.90..1.80 still quere..MCo extend after chinese new year..economy activity will be shutdown...i think jftech will back to 1.50 .is the good time to collect cheaper
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Posted by bursaking9999 > 2021-01-22 15:37 | Report Abuse
Else no drop fasten your seat belts jftech ready to skyrocketing fight back uwc vitrox inari