is it the corporate exercise going to push up value of this stock? why suddenly spike ? last week que, then suddenly today all matched. if only i realize faster can get more profit .. the split , bonus , esos how will this effect shareholders ? need to do something to claim these ?
On behalf of the Board of Directors of Fiamma, Public Investment Bank Berhad wishes to announce that the Company had, on 7 January 2016, submitted the application to Bursa Malaysia Securities Berhad (“Bursa Securities”) for the following:
(i) Proposed Share Split;
(ii) listing of and quotation for the following:
(a) Bonus Shares;
(b) additional Warrants to be issued arising from the adjustments to be made on the existing Warrants of Fiamma pursuant to the Proposed Share Split and the Proposed Bonus Issue; and
(c) new ordinary shares of Fiamma to be issued arising from the exercise of the additional Warrants and Options;
on the Main Market of Bursa Securities.
This announcement is dated 7 January 2016.
Very efficient one, annouced on 06 Jan and submitted to Bursa on 07 Jan.
you're right hallick. Normally companies do buyback shares of their companies to support the price of the shares especially when the market is on down trend. Correct me if i am wrong too....
Fiamma is one of my favourite stock, as you can see from my watchlist. But you really have to do homeworks & analysis over its upper & bottom lines as well as the segmental performances, especially its property division.
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....
soulhuntero2
118 posts
Posted by soulhuntero2 > 2016-01-07 09:24 | Report Abuse
dapat bonus then jual la