All resolutions for the bonus issues are approved today. CEO LTKM says he expect the future of the company is bright due to its cash rich situation with zero debts. It is the leader of poultry and eggs currently which command a desirable value. He said no need to worry and congratulate us for being faithful to the company.
Based on NTA is 5.11 now with a par value of RM1, is it correct to say that after Ex after bonus and split with par value to RM0.50, the NTA will roughly be half?
Yes baiyuensheng, i mentioned to u, if LTKM last traded at rm7.00 before ex date 276th June, the theoretical price upon quotation will be rm 2.33.
Stanley : The IV for LTKM is rm12.70. Although it sounds ridiculous to be achieved now, but it tells me something positive on LTKM : That the price of it will move to at maximum rm4.23.
Have bought 8 lots - translate to 24 lots after ex..... if it reaches rm4.23 it will give me rm100k!... sigh,,, but still cant retire with the costs so much higher now....
Stanley : Market was bad yesterday and today ; it is expected to go down, but it is not too much judging from its rise since rm4.00.
The share price is ex bonus 1:2 first then share split 1:2. So if u have 1,000 shares, at the end u will have 3,000 shares. They will arrive by July 4th the bonus shares,
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....
F22Raptor
608 posts
Posted by F22Raptor > 2015-06-08 12:47 | Report Abuse
Expect 9.0 to 9.5 prior to bonus and split,after bonus/split will push up one more round.