Just saw this. The abovementioned Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. on Monday, 6 December 2021, being the next market day immediately after the Entitlement Date, pursuant to the declaration of 3 December 2021 as a public holiday for the Federal Territories of Kuala Lumpur, Putrajaya and Labuan by the Federal Territories Minister.
Highlighted will got PRIVATE PLACEMENT as announcement.
Bonus issue will be credited to your account tomorrow bur heard market close for tomorrow. Price keep dropping daily even after bonus issue is to be traded on Monday. That's what fund managers do after they goreng up the shares to more than double the original price of around 50-70 sen normally.The big sharks are taking their share of profit after their objectives are achieved.End of the game for now.
The sharks are not going to push the share up for you to sell, they want you to keep long term and that's their objective. So if you can't keep long term, you better think twice before you sell.
I want to see what its dividend will be like after the bonus issue; if its less than 6% return, I will sell all my holdings of Wong. No point to keep long term.
Let it drops to below 50 sen and sleep until there is a business proposal or else the fund managers will keep selling and you will soon run out of bullets when it finally drops below 50 sen.
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....
sherlockman
245 posts
Posted by sherlockman > 2021-12-02 18:49 | Report Abuse
Bought more today. I am still a believer in this company. The entire market is bad so what can we do. Just stay discipline and invest wisely