Congratulation jaijai. I got a friend. A senior of mine. He always said: "Biar kita jual dalam untung, jangan jual dalam rugi". He keep reminding me of that exact sentence. It make sense. I know he doesn't do analysis at all. He buys what he 'think' is good for him. And he is doing great!
Sama saja dengan: "Biar kita jual dalam untung, jangan jual dalam rugi". Malaysia also got Warren Buffet ma! Hahaha.
This counter has sikit fans if compared to DSONIC. Kalau la Dsonic fans tukar kaunter lagi baik. Bonus issue for them!
@pang72. I'm thinking the same too. It took guts to be here, as DSONIC still the hottest talk in the town. Maybe one day, they will join us? Who knows??
They may not join us today. I am sure they will. The explosive boooooom will come after AGM meeting that has approved the split by share holder. Today still the fund manager quietly accumulating this share.
“As such, CMS expects RM80 million-100 million in new associate profits from this project from 2016, representing 45 to 57 per cent boosts to the group’s average pretax profits in the past three years, by our estimates,” CIMB Research projected.
the share price will likely be adjusted to MYR3.26 from the MYR9.80 level
If the share price is 3.26, there will be new interest among retailers around i3 foruM!! WooooohooO!! 3.26 is cheap, right now 10, most cheapest bargain for your money! Buy buy buy! Buy one free how much? hahah. Don't care, as long as you want free bonus!!
according to RHB: Bonus issue and share split. Cahya Mata Sarawak (CMS) has proposed a 1-into-2 share split followed by a 2(subdivided share)-for-1 bonus share issue to raise the number of shares to 1,087m. This exercise, while neutral in terms of market capitalisation, is timely to improve the stock’s liquidity as its average trading volume stood at barely 700k shares per day over the past six months. on completion of the exercises, the share price will likely be adjusted to MYR3.26 from the MYR9.80 level, thus making it more affordable to retail investors.
1 become 2. 2 free 1. Let say i hold 100 unit. 100 unit become 200 unit. 200 unit free 100 unit. In the end: 100 become 300.
yes,those who hold 1000 units after the exercises will become 3000 units...so if u hold 30 lots now u will have 90 lot..n see how the price trend like, after split n bonus maybe can do some profit taking,but still need to keep some units cuz this is the sarawak big brother.
Refer to the link above. There will be another meeting with shareholders. Slow-slow la Bro. It is minor correction. Stay invested in the awaiting bonus!
I keep this stock less than a year,now the return from capital gain is about 81% d,so i believe after stock split n bonus exercises,to obtian 100% capital gain is not a problem,by that time just release some units and go enjoy holidays...LOL
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....
pang72
51,667 posts
Posted by pang72 > 2014-04-16 18:28 | Report Abuse
Just see my luck