To put it simply, sis is company's way of getting more fund by issuing more new shares in the market. If these new shares are open to general public, its typically not a good sign. Means the company couldnt find any other ways to secure additional money from insiders or big 3rd party investor. It eventually means, for current stock holders, our value of stock naturally goes down (ie eps goes down). Seems like they issued 10m worth and given current market cap is around 500m, current eps goes down by 3~4 percent (1/500 - 1/510)
SIS is another alternative way to get financing without bank interest. Additional shares issued does dilute initial shareholders share value. We hope majority SIS bought by ANT and LKS.
Eddie chai, chai king hong out spreading the word xoxking3 run off with all their permaju money. Jaga ko go n surrender yourself with your id at police station
Kulong taiko only way for stock to rise is to throw xoxking3 leper under the bus n keep running over him......big bosses very angry at him. Baboy duwag
@newbie777, no one knows what happen, ? we need reliable source to proof on big news which link to HK company related.....but no one can proof it at all
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Posted by JoeyPIC > 2020-09-14 16:37 | Report Abuse
New fuel coming in.. hahaha