I AM CHASING ALSO WITH ENTER PRICE BUY AT 0.565, I AM CONFIDENT WITH THEIR MANAGEMENT, STRING AND HEALTHY BALANCE SHEET. THE BALANCE SHEET IS IMPROVING YEAR BY YEAR.
Sorry if I am asking noob question. Issue new share meaning can buy the share at lower cheaper price? Or free share bonus share.Any advantage or disadvantage for this?
I wrote about whether those corporate exercises such as bonus issues, free warrants and share split do the following things
Do they create value for the company?
For question 1 above, I argued that creating more shares by issuing bonus issues, free warrants and share split do not create any additional value for the company. Value simply can’t be created out of thin air. Can it? If you still insist yes, that 1+1 equals to 3, I really have nothing else to say. http://klse.i3investor.com/blogs/kcchongnz/106561.jsp
PANTECH PROFIT FOR 2ND QUARTER 2017 DROPPED SIGNIFICANTLY, THIS IS UNEXPECTED AS MOST OF THE ANALYST EXPECT THE COMPANY TO PERFORM REASONABLY WELL THE NEXT FEW QUARTERS.
Posted by m00077 > Oct 18, 2016 09:15 PM | Report Abuse PANTECH PROFIT FOR 2ND QUARTER 2017 DROPPED SIGNIFICANTLY, THIS IS UNEXPECTED AS MOST OF THE ANALYST EXPECT THE COMPANY TO PERFORM REASONABLY WELL THE NEXT FEW QUARTERS.
1) Bonus Issue of up to 138,089,185 new ordinary shares of RM0.20 each in Pantech Group Holdings Berhad ("Pantech") ("Bonus Shares") on the basis of one (1) Bonus Share for every five (5) existing ordinary shares of RM0.20 each in Pantech ("Pantech Shares") held by the shareholders of Pantech whose names appear in Pantech's Record of Depositors as at 5.00 p.m. on 21 December 2016 ("Entitlement Date") ("Entitled Shareholders") ("Bonus Issue") and
2) Bonus Issue of up to 69,044,592 free warrants in Pantech Group Holdings Berhad ("Pantech" or the "Company") ("Warrants B") on the basis of one (1) Warrant B for every ten (10) existing ordinary shares of RM0.20 each in Pantech ("Pantech Shares") held by the shareholders of Pantech whose names appear in Pantech's Record of Depositors as at 5.00 p.m. on 21 December 2016 ("Entitlement Date") ("Entitled Shareholders").
Kindly be advised of the following :
1) The above Company’s securities will be traded and quoted “[Ex-Bonus Issue]” as from: 19 Dec 2016 2) The last date of lodgment : 21 Dec 2016 3) Retention Money: Where securities are not delivered in time for registration by the seller, then the brokers concerned:- a) Selling Broker to deduct <1/6>, of Selling Price against the Selling Client b) Buying Broker to deduct <16.66%>, of Purchase Price against the Buying Client c) Between Broker and Broker, the deduction of <1/6>, of the Transacted Price is applicable.
Remarks 1:- "Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place after 21 December 2016 with bonus issue of PANTECH shares of RM0.20 each, any shareholder who is entitled to receive PANTECH bonus issue shares, may sell any or all of his PANTECH shares arising from the bonus issue beginning the Ex-Date (19 December 2016).
For example, if Mr X purchases 500 PANTECH shares on cum basis on 16 December 2016, Mr X should receive 500 shares on 21 December 2016. As a result of the bonus issue, a total of 600 PANTECH shares will be credited into Mr X's CDS account on the night of 21 December 2016 being the Book Closing Date. Therefore, Mr X can sell the bonus issue shares of 600 on or after the Ex-Date ie from 19 December 2016 onwards."
Remarks 2:- The Bonus Shares will be listed and quoted on 22 December 2016, being one (1) market day after the Entitlement Date.
Remarks 3:- The Warrants B will be credited into the shareholder's central depository system account and a notice of allotment for the Warrants B will be issued and despatched to the shareholders of Pantech whose names appear in Pantech's Record of Depositors at 5.00 p.m. on 21 December 2016 at the address as per Pantech's Record of Depository prior to the listing of and quotation for the Warrants B. The Warrants B will be quoted on the Main Market of Bursa Securities within five (5) clear market days after the submission of the application for quotation of the Warrants B to Bursa Malaysia Securities Berhad.
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....
m00077
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Posted by m00077 > 2016-10-10 09:08 | Report Abuse
I AM CHASING ALSO WITH ENTER PRICE BUY AT 0.565, I AM CONFIDENT WITH THEIR MANAGEMENT, STRING AND HEALTHY BALANCE SHEET. THE BALANCE SHEET IS IMPROVING YEAR BY YEAR.