directors converted 10mil warrant shares, not buy from market lol. THey are prepare to sell in the market cos their converion price is so cheap. Making million of RM after selling this 10mil shares. Be prepare for price downward.
shouldn't be affecting now. ppl selling because of fear. but now TTM profit has already beaten last year quarterly result. after 3 months u guess how much profit can LBS accumulate? and by that time how much dividend it will declare again? just technically LBS is downtrend, accumulate might be a good strategy
This only a circle of technical momentum. I'm put more effort on fundamental study at this situation. This counter will not let you down my friends. Good Luck.
Miketyu, don't worry will re bounce very very soon. Bollinger band chart is showing positive side. I would said is a cooling time period. As mentioned is a next circle transformation.
Special dividend of 0.06 won't help much. But the Q3 financial report might be help. So let's wait the Sep report come out. In BP the 1st lot of 600 units affordable housing is completely drawing. The 2 lot is coming out. So patiently wait for the profit result come out.
look for the owner behavior la! check urself! I just give a 80% (probabilities) judgement might be wrong... Esos to rise up the Lim family stake, owner buy back share, company immediately buy back share! go Check how much owner own now! fabregas~
I thk yes, the price should be higher than the existing share price;
but there is the limit to collected! when collect to 75% will trigger the privatize mode!Now they whole around 68%~70%!! and I believe lim's family is using Esos Technic to increase their stake in LBS. so wait for the show come!
dividend or special dividend is a normal company practice la bro depand of earing! the abnormal part is lim's family use Employee option (Esos) exercise mother share which increase their lim stake in LBS. My share value and your share value depreciate la!!! and now they held around 70% stake~ If u is lim's family you wan the special dividend or the china asset which worth billion value?
RM 776,812,448 Market CAP = 70% (LIM's Family) RM 543,768,713 another RM 233,043,734 = to privatize and get the 100% china asset which is Billion value CIMB rate LBS under value 70% suppose RM2.7~RM3 share price
who is the big gainer?
Special dividend! 8 sens LIM's family edy have 5.6sens
BRO! are you sure the special dividend is a major issue for being privatize?
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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....
miketyu
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Posted by miketyu > 2013-11-01 08:55 | Report Abuse
One disposed 20,000 twice, others accumulate 10,000,000