This kid is cute. Tries really hard to spread false and negative on here. I really do wonder what's his motive/angle. Despite so many replies to him liao, hes still being stubborn and ignorant. Maybe he really likes to be the sour grape amongst apples? Or he's got other agenda?
i think you right ,u realrich so always right. Don't forget many years big losses and new issue share need someone to pay? Can not be free to you. And company a lot of debt and no money to develop
after issue new share the bursa automatically adjust the share price down base on how many additional share you are issue same as you get a dividend the next day bursa adjust the share price
IMHO. Forest City (FC) was Jibby's project. And basic infrastructure is done decade ago. PMX has a smart move, we don't waste our resources, those resources belong to the people Malaysians (all of us), we paid for it. Since the lands had used to build the FC, why waste it? Use less money and effort and work on it and move forward so that we are able to work with Singapore hand-in-hand, to improve bilateral relationship as well as economy. WinWin situation. Not a bad idea. The main challenge is how to regain investors' confidence in our country and this FC, and country garden, most of the Sg & China investors have been suffering from their investments in this project.
We hope for the best in the next 4 yrs until next GE16.
special econimic zone will be firm up by Jan2024. PM Lee will be retire by Nov2024. I believe there are many thing going to announce before his retirement. So for the coming 12months, super HOT for JB market!!!
realrich, no way it can go 0.15. when the merger get approval from shareholder, the price will go above 0.60 and slowly move up. after that MOU for special economic zone will happen in Jan 2024, price will further up and may reach 0.80 by that time. all this will happen in 2months time, you better start buy in when price drop below 0.50 (while still got chance).
After merge the nextday is automatically share price adjust by bursa. I will buy after share diluted and this company every year big losses until 2026 so I no need too fast invest
Its value after splitting become lower but the shareholders' quantity in hand increased. They are still the same. Eg. If you have bought 10k @ 0.60, RM6000, if share split exercise is 1:10 ratio. So, your holdings will become 100k and share price is now 0.06. Total amount is still RM6000.
However, if you invested and bought at 0.60, it does down to 0.5. this is different from share split exercise.
But, if you are referring to Share Consolidation. This is no good. Not worth to invest in such company. You invested RM6000 (0.6 X 10000). If share consolidation ratio is 10:1. Then, if exercised, your holding became 1000 shares even though if share price is still 0.60. Rugi Besar huh.
If I'm not wrong. Sorry if not correct.
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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....
Realrich
1,410 posts
Posted by Realrich > 2023-11-02 09:18 | Report Abuse
I buy share based on fundamentals not base on bet. If I want bet I go casino genting