Apple168: you should migrate to china, i wondered that why you helped your clients to invest in this company? What you said isnt matched what you had acted..you should call yourself 汗奸,your 12 reasons are laughing jokes which consisted of much more speculation and you seemed to be not familiar nike supply chain. I wondered that the standard of fund manager is so low.
"apple168 Dow Jones crashed 1.8%!" - Boy you don't know what crash means.
A usual definition of a stock market crash is when a 10% drop or more occurs in just one day. A crash maybe incoming indeed - but this, my friend, is not a crash.
Hi Pang, I'm a newbie in stock investing so I would like to ask you something. I don't understand the bonus & split that is incoming for MAGNI. Is the bonus comes first and the split is based on the number of shares after the bonus issue?
For example, Lets say that I have 2,500 shares. So I receive 833 shares (1:3) = 3333 shares. Thereafter split becomes 3333*2 (1:2) = 6666 shares.
I'm guessing I'm wrong so can anybody teach this newbie pls.
For Magni case, share split first followed by bonus issue. If you have 2,500, you will get (2,500 x 2) x 4/3 = 6,666.67, and you will have 6,666 unit of magni. In this case, I would suggested you to buy another 500 units to make it 3,000 units then you will have 8,000 units. It is easy for you if you wanna sell magni in the future.
Magni share price up are due to low liquidity and some syndicates trying to push up the price for easy profit in the midst of bearish market.
Once tones of magni shares out there, who would be the buyers? Magni CEO not going to buy at such overvalued price... those who bought want to exit, how?
Expected to drop in price once share split! Still dump dump hold, then dong dong chang, die faster...
@Apple168, price up or drop after bonus is depend on the company performance and investors confident on Magni, not you said drop it will drop. Like PentaMaster, after bonus the price adjusted to 2.90 but now 4.60.
If investors confident on Magni and Magni continue post excellent results, even after bonus price adjust to 2.50, it will shoot up to above 3.00 anytimes.
Penta is tech company! Magni is NOT tech company! You can’t compared banana to orange! This also get it wrong! No wonder crazy chasing overvalued company!
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....
klse888
46 posts
Posted by klse888 > 2019-10-02 19:25 | Report Abuse
once complete bonus+split, magni can enhance the stock liquidity so PE 15 should be reasonable