Unlike last time, nowadays this kind of corporate exercise can be completed very quickly. Very soon we will see the split and bonus shares and free warrants credited into our account. By next quarter when results out, the penny shares will start running as PER is less than 7 times. Every 1 sen goes up will translate into 3 sen gain (and the free warrants, slurps).... not late to buy now. Jump in !!!
I banyak suka your sheer confidence. But I don't quite understand how this is creating value. Isn't this the same pie cut differently? Really not challenging anyone or picking a fight but sincerely hoping that someone could explain to me...thanks.
it won't have effect if the PER is already high. But if PER is low, and after split into penny size, the reality will sink in and many people will get attracted by the "cheapness"
"split and bonus doesn't add value" is what people teaches you in theory. In real life, it is different. The market does actually give value to this kind of exercise if the stock is clearly undervalued
Look at the good examples of VS and Hevea previously, it is the best way to unlock the fair value since this stock is really undervalued. Patience to wait for durian to drop, you will win big. There is no right or wrong, let time tells who is right.
Those who bad mouths about Gadang and abandon Gadang due to lack of confidence and patience.....I want to LAUGH OUT LOUD at you.....Boooooooo...Hahahaha
Do you think Hevea and VS can go up 550% if there is no share split and free warrant ? Please note that share split and free warrant is the catalyst to achieve the fair value in the shortest time frame. Let us watch the game plays. Thank you.
Bonus issue means the retained earnings or reserves will be converted to Share Capital. Shares split means the par value will be reduced and hence the outstanding shares increases.
the best stock to buy is THOSE STOCKS THAT DIDN'T GO UP AFTER GOOD NEWS HAS BEEN RELEASED. All the guessing game has been taken out, so the risk is much much lower
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....
tksw
12,976 posts
Posted by tksw > 2016-08-26 09:12 | Report Abuse
once break 280, 320 is a target