Hi guys, I'm new I would like to ask if I'm still holding this stock, what can I do? I can't find any information from KLSE screencer, but I still received dividend on last week (7 June)
I am still holding the warrant PJDEV-WC. Called OSK, the recommendation given is not to convert to mother share as there is no buyer and also, the offer price for mother share may drop lower than RM1 hence will loss more money!
@mmlim... I used to have PJDEV-WC as well. But I managed to convert to PJDEV mother shares with the exercise price of RM1.00. That mean if you have 10k PJDEV-WC shares, you need to fork out 10k to convert the warrants to mother shares (PJDEV). Now I get a decent dividend payout from them.... it's around 0.20cent per share yearly. In my opinion, it's worth holding the PJDEV shares.
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Posted by Wechong > 2017-08-14 21:25 | Report Abuse
Any news from pjdev ?