. Today is Ex- right date If u r still holding the shares till yesterday's closing, when you sell on or after the ex-rights date, the right will remain with u. U may sell your entitled RI next Monday for your gain or choose to exercise them after RI trading period. If you buy today. u r not entitle for RI. Good Luck
Few hundred Ringgit in pocket if selling the PR now. If subscribing, need to fork out lot of cash. Will wait for a while. If going up to 0.04, will let go PR. If PR stays at 0.01-0.02, will subscribe.
it is a positive new that is not really great. At 18m contract value a year and assuming a high profit margin of 10% would mean 1.8m profit. With 778m share capital the contribution per share is less than a quarter sen which is insignificant and not meaningful. it is nonetheless a good news.
It is found in Bursa announcement today. The company was awarded two contracts worth 18m each for a period of 365 days starting from the date of commencement that has yet to be fixed.
Thx Jaynetan for the clear eplainations. Apparantly the mother shares need strong support to attract ppl to subcribe PR. Otherwise, the RI excercise wun serve any great purpose. But sad to notice tat all the PR supported at 0.02 being broken thru. Meaning the operator for this ctr not really a strong player like in Sapura Energy
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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....
snwong13
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Posted by snwong13 > 2019-12-05 10:21 | Report Abuse
.
Today is Ex- right date
If u r still holding the shares till yesterday's closing, when you sell on or after the ex-rights date, the right will remain with u.
U may sell your entitled RI next Monday for your gain or choose to exercise them after RI trading period.
If you buy today. u r not entitle for RI.
Good Luck