EX-date 26 Sep 2017 Entitlement date 28 Sep 2017 Entitlement time 05:00 PM Entitlement subject Bonus Issue Entitlement description Bonus Issue of up to 53,791,760 new ordinary shares in Malaysia Steel Works (KL) Bhd ("Masteel") ("Bonus Share(s)") on the basis of 1 Bonus Share for every 5 existing ordinary shares held in Masteel ("Masteel Share(s)" or "Share(s)") at 5.00 p.m. on 28 September 2017
Newplayer286, the bonus issue ratio in this case is 1:5. That means, if u hold 1,000 shares, u will get 200 shares for free on 28th sept. But, normally share price will slightly adjusted after bonus issue.
Why a good stock like this with low price but yet nobody coming here to kacau kacau putting negative comment and scare Every one . Hengyuan with high price , full of crowd like pasta malam?
As usual there will be a price adjustment after bonus issue...but as the potential for this company to earn increasing profit in the near to midterm...the price appreciation will go unabated...good possibility of reaching RM 2.00 inspite of the bonus issue...
From 76c to rm 1.00 n up to 1.60 its highest . Can the stock keep moving forward or taking a breather first b4 going higher or going down in tandem with the uncertainties hanging above.
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....
erkongseng
3,192 posts
Posted by erkongseng > 2017-09-14 08:09 | Report Abuse
Masteel 5098 股价于8月29日公布漂亮Q2 业积后,股价由rm1, 13开跑至今共连升8个交易日,今天收市rm1,56 ,牛气冲天,红股5送1应是因素之一。
估计2017全年EPs=20至22 sen,pe=10,股价=rm2.00至2.20
只是分享,投资请三思且自负。
Bonus Issue
MALAYSIA STEEL WORKS (KL) BHD
EX-date 26 Sep 2017
Entitlement date 28 Sep 2017
Entitlement time 05:00 PM
Entitlement subject Bonus Issue
Entitlement description Bonus Issue of up to 53,791,760 new ordinary shares in Malaysia Steel Works (KL) Bhd ("Masteel") ("Bonus Share(s)") on the basis of 1 Bonus Share for every 5 existing ordinary shares held in Masteel ("Masteel Share(s)" or "Share(s)") at 5.00 p.m. on 28 September 2017