As stated in AGM document, the board will buy up to 20,988,441 MPI shares in the open market resulting in reduction of MPI shares to 188,895,978 shares provided the shares purchased are fully cancelled.
Total value as of 9.13 is 244,080. And you said buy 31300 shares. Assuming you buy all at lowest 24.12, the amount will be RM754,956. Which is far more than the transacted value.
I would say current MPI share price is the golden opportunity to join the EV business for the future! MPI share price below 25, this is a GRAB for value-hunting investor.
Silicon carbide “may be the largest single growth of any technology in the history of semiconductors,” says Gregg Lowe, Wolfspeed’s CEO. This is the one of the key of growth for MPI! If this comes true, I will not agree more that MPI wil trade at historical high ie more than 50!
Oh, jingle bells, jingle bells Great dividends all the way Oh, what fun it is to ride In a one horse open sleigh Jingle bells, jingle bells Great dividends all the way Oh, what fun it is to ride In a one horse open sleigh… Merry Christmas in advance!
The most compelling stories can create the most overvalued stocks. If you add low interest rates to the mix, you have the perfect recipe for a bubble. Focus on the fundamentals of the business, and remember no stock is worth an infinite price, no matter how good it is.
Many FB or YouTube sifu looking down on MPI, asking you to sell… now you know, you r cheated by them… perhaps they r secretly buying your cheap MPI shares… I don’t know… do you own homework, you will be just fine!
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....
James_Bond
2,331 posts
Posted by James_Bond > 2022-11-02 16:53 | Report Abuse
Collected total 30,300 MPI shares… Cheers!