even MOST ipo went up so much, Mediac HK still able to drop 0.50hkd today, its now 1.26hkd, so if tmr drop another 0.50hkd, it will be 0.76hkd, which equals to around 0.38sens...
Whether director acquire at 0.45 or 0.39, he still earn the BIG arbitrage. If no mediac hk stock to sell, NO NEED to follow director to acquire at 0.39 !!
This counter has been paying dividends 2 times a year for the past few years. It works out roughly to be about 7% dividend yield, based on the current mkt price of 38 sen and the sum of the last 2 (interim and final) dividends declared.
Not bad either, if the dividend policy remains unchanged.
Have you manage to convert your MediaC Msia to MediaC HK? sold in HK market to reap arbitrary gain already?
MediaC now back to radar watch after bashed down price to current level, awaiting for right timing/right price and available capital before re-enter back
A lot of contra/weak sellers have exited the counter as the operator presses the price down. Price is getting more attractive too for real investors as a dividend stock.
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....
Jerry Yip
2,218 posts
Posted by Jerry Yip > 2018-03-28 12:18 | Report Abuse
Top up lu kikikiki