Most China company business in China, cash Aldo in china bank AC.. one day they tell u factory burn down, stock burn down.. or debt blow out.. all cash gone loh..
1) When the RI shares are credited the account, there will be a HUGE jump in number of shares. Most likely the number of shares will increase by 1.6x. So expect some selling to ensue, especially from those who bought the OR shares to profit from potential arbitrage and mispricing.
2) When dividend is given out, expect another selloff too.
All in all, I expect/hope the share falls to below RM0.23 in the next month. I will probably queue at RM0.225.
It might gives 2 cents of final dividend in Sept/Oct, this bring the total dividend to 4 cents. Depends on how many percentages of major shareholders holding after the RI, the higher the likely they generous to pay.
After taking 21 sen from RI sure a lot of money. More suspicious is why need RI at all? Non a con stock?
tanhy123 It might gives 2 cents of final dividend in Sept/Oct, this bring the total dividend to 4 cents. Depends on how many percentages of major shareholders holding after the RI, the higher the likely they generous to pay. 23/04/2017 16:31
Upon completion of the current rights issue, this counter is set to fly when it expedites the launches of its Ampang Astoria, 90-acres Shah Alam landed development, Sena Parc landed property project in Seremban and Damansara Foresta Phase 2 as well as the redevelopment of Sri Damansara Club into a commercial mixed development project.
Jen Ern Tan What should I do if I still have not received the subscription form? 24/04/2017 21:27 ------------------------------------------------ download from www.bursamalaysia.com
imlearning: Call yr remiser or Investment centre on how to subscribe OR If insufficient fund to subscribe all the 50k ORs, subscribe 45k or 46k OR and forgo the rest. Better do it fast, as last day of payment to the Registrar is 03 May.
Very good buy, After RI, the stock is in net cash position, In KLSE now, you can hardly find a property stock below NTA of RM0.37 and cash per share of almost RM0.20 and pending div of RM0.02.. Based on my analysis, the Land injected by MAYLAND are located in good location which can be launched anytime.. Post RI, MAYLAND will trigger her current shareholding of 32.5% with the undertaking of additional excess... Advise: VERY STRONG BUY...
sold off all L&G at 26sen, lock all handsome contra profit, free up all capital. To use free up capital to fully subscribe right share OR + apply excess
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Posted by Investlink > 2017-04-21 11:49 | Report Abuse
I jumb in also ... remisier tell can buy all the way..