I think it would not likely to move up much before ex date, because i anticipate that the management would like to implement an attractive ESOS with good option price which is to be determined only after bonus and split exercise....
Sometime developer will use property as payment, means Signature will have another step to do before thwy could get their cash... of coz if the company able to sell for good price, they can earn some profit there...
paperplane2016 do you know this bonus issue is a good news or bad news for us 06/04/2016 Bonus Issue BONUS ISSUE 4 : 1 18/04/2016
And someone here know is this BONUS ISSUE same thing with Share _dividend because my friend say Share _dividend better than BONUS ISSUE . that mean BONUS ISSUE is not a good news.
Sorry because I top up a lot Sign at price 2.08 so a bit worry now ? Please help guys thank you very much
normally ,before bonus issue ,the share price will push untill very high price,after it will drop 25 to 30%. As i see 2.08 is very high. if u believe me , better u release some , after split share around 10 market day u buy again ,u will be win
Po Teng. Friend actually i also think like that. I will release half tomorrow then buy back when low. And Friends do you know bonus issue and share dividend which one better ?
haiyaa...give chance lorrr...operator trying very hard to push up the price maaaa.....see how lorrr....lowest in 52 weeks was 1.58....after split we see how lorrrr....must wish good luck maaa...
based on my calculation, they likely to distribute RM18,000,000 as special dividend. Based on current no. of share of 120,000,000, the special dividend will worth RM0.15 per share (RM18,000,000 / 120,000,000 shares). This exercise will be announce after completion of share split and bonus warrant. The tentatively date should be early or middle of month of May'16. Your guy should start accumulate from now as i look this is the opportunity to buy at current share price. The other factor that could boost Sign share performance will depend whether they will secure contract for kitchen cabinet for Country garden Danga Bay project which worth RM150,000,000.
Today is the last day to buy if u plan to get bonus warrant. U won't get the bonus warrant if buy next Monday. Agree that the total share will increase to 240m after share split and it will dilute the DPS, but it make no diff if u buy before share split because ur share will increase by 2 folds also after share split. So the total dividend still the same.
And based on calculation, if it closes at 2.14, 2.15 or 2.16 today, Monday reference price is 1.05, and I strongly feel that, if every warrant has a value with reasonable premium, the mother share shall be falling below RM 1.0 on Monday (18th April) because smart shareholders are rushing to sell in order to capture the premium.... we just wait and see.
With RM 80 million in hand, I think the management will use the money in hand for share buy back. So no need to worry so much. The prospect for sign is still bright. My personal target for sign is 1.60 (after ex price)
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....
paperplane2016
21,668 posts
Posted by paperplane2016 > 2016-04-06 22:49 | Report Abuse
No one wanna buy a stock with no future! So obvious! Result drop