Bonus issue and free warrants. The price was adjusted from 1.53 to 1.00 due to the bonus issue and free warrants. Some investors seem don't know what they bought.
after bonus issued price will adjust accordingly. u guys no need to worry about it. just rmb to top up if there is any further opportunity will do. bcos coming result will be fantastic !
i admit i have some shares in this counter.... since long time ago. here is 1 thing that you all should take note. cold eye, otb, tkw and many other great trader are speculating on this stocks. that this could lead to a downside: they know and act faster than you. to be frank, i prefer shares who not many pro traders would look into....
May I know what is the link to warrant exercise price of 0.92 as mentioned earlier on by some?I can't seem to find that piece of information.Thanks a lot
Let me help you LAH!! say if you buy 4,000 shares at 1.54 (yesterday or before) = RM6160, if you still have the shares at 9am this morning, your 4,000 shares will become 6,000 shares +1,000 (warrant). Today adjusted price is 1.00, warrant ratio is 1:4, meaning warrant listing price should be 0.25. Now price at 0.96, if you sell, you will get (6,000x0.96)+(1,000x0.25)=5760+250=RM6010...so you have paper loss of RM6160-RM6010=RM150. If market good today, price should be above 1.00, unfortunately today market is bad, it became 0.96!!HOMERIZ has future earnings guarantee after wholly owned EISB, ringgit is weaken USD3.78, I'm sure price will rebound from the current 0.96. SO, BUYYYYYYYYYYNOWWWWWWWWWWWWWW at any price below 1.00!!!!!DON'T CONFUSE!!!!!!!DON'T SIMPLY SELL OFF YOUR SHARES!!!!!
Over confidence and too greedy will lead U to pawned even ur own underwear . In stocks market no rules and no holds bar . Trade at ur very own risks base on ur own assumption and not others !
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....
j31ljf
9 posts
Posted by j31ljf > 2015-07-03 18:18 | Report Abuse
trust yourself and listen to your own voice is better... I voted to buy in and keep for long terms :)