Did you sell your Bina Goodyear at 24 cents and switch to PM Corp and MUI Berhad? Why don't you take heed to clear off Bina Goodyear? BG Year Directors are buying PM Corp.
BGYear certainly a good buy but has to waiting after share reduction of either 1:3 or 1:4. Heard also each share will reduced by 80% and re-issue with a new one at RM0.28 per share
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....
Hamzah2013
6 posts
Posted by Hamzah2013 > 2013-12-17 22:29 | Report Abuse
Is this the best proposal the Management can give? My shares holding will be likely as follows;
Current position: 10,000
Par value reduction: number of shares same
After consolidation: 1,000
Right issue: 50,000
After exercise: 51,000
Need to allocate bonus money to subcribe right issue. Look forward for the Management to create wealth to the Shareholders ;)