SUMMARY OF FURNITURE STOCKS IN BURSA MALAYSIA (Updated as at Sept 15th 2015) Latitude RM 7.30 PE 8.90 Liihen RM 6.96 ( 11.14) Pohuat RM 2.95 ( 9.16 ) Homeritz RM 0.97 (12.89) Hevea RM 1.16 ( 10.38) Jaycorp 0.87 ( 15.24) SHH 1.49 ( 11.31) Sign RM 2.07 ( 6.86) ---> Not fully a furniture stock Mirror Mirror on Bursa, which is cheapest furniture stock in Bursa?
The sudden plunge from RM3.09 to RM3.03 really scared me. Fortunately it recovered back to RM3.07. KLCI in red and Dow Jones futures also in red. I am aiming for RM3.50 before split and free warrants.
Hi Cherry88. I think you could be right. TayKH is not retiring and my earlier comment is probably incorrect and surely hasty. I am sorry. I would not read too much into him selling though. He would have his own reasons for doing so...we do not know. The company still looks like a good investment to me.
mmk79 : there is share split of 1 into 2 . After the share split, u r entitled for free warrants 1: 4 @ RM1.00 per piece of conversion price. which means , for simplicity, that u need 2 mother shares of Pohuat prior to splitting to get 4 new Pohuat mother shares + 1 free warrants. Assume your TP is RM 3.64 ( As mentioned by 8wptmw).
Therefore, your cost price will be RM (3.64 times 2) plus 1 = RM 8.28 At the end of the proposals, u will get 4 new mother shares with 1 free warrants = 5 so 8.28 divided by 5 = 1.66
mmk79 : there is share split of 1 into 2 . After the share split, u r entitled for free warrants 1: 4 @ RM1.00 per piece of conversion price. which means , for simplicity, that u need 2 mother shares of Pohuat prior to splitting to get 4 new Pohuat mother shares + 1 free warrants. Assume your TP is RM 3.64 ( As mentioned by 8wptmw).
Therefore, your cost price will be RM (3.64 times 2) plus 1 = RM 8.28 At the end of the proposals, u will get 4 new mother shares with 1 free warrants = 5 so 8.28 divided by 5 = 1.66
Tks Rosmah for the explanation. Wish every Pohuat holders huat huat huat.
Free warrant is given free, no need to add 1.00 in computation. You did not pay 1.00 to Pohuat management. I feel that the aforesaid calculation is wrong. I think it should be (3.64*2)/4=1.82. Please enlighten me. Thank you.
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DarKLoRD888999
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Posted by DarKLoRD888999 > 2015-09-15 11:26 | Report Abuse
After split only free warrant? The Warrant not give b4 the share split meh? If got 4 lot now after split then how many warrant I can get?