kennyku..just make sure u really monitor this. n before ex date, go n have a study on the company so that you can decide whether to go short or long haul..
ex div on 14/8 , the co is in PN 16 status unless bought over a new co to maintain listing . if not it will be taken out of listing as in PN 16 balance asset n cash reserves is not enough to buy over a co unless private placement of shares or giving out rts to shareholders to subscribe which means shareholders need to pump in more money after getting the div . We should decide to take div or let go one off at the present price, the decision is solely yours . The price may dip more than what the div received after ex n more so if rights r out to get more money fr shareholders . The best policy is money in our pockets r safer than money in others pockets.
if major shareholders were disposing at 80+c in May prior the date of disclosure of div , meaning to say that the share is worth that much.... The present price is considered a good bargain already...
CATCHA GROUP PTE LTD 11-May-2017 Disposed 3,840,100 0.802 View Detail MR LUCAS ROBERT ELLIOTT 11-May-2017 Disposed 3,840,100 0.802 View Detail MR PATRICK YKIN GROVE 11-May-2017 Disposed 3,840,100 0.802
my guess is for long term players, they are being cautious since there are still no clear plan what would happen to rev post dividend. Will rev acquire another business to remain listed ? Or will rev do a private placement to raise capital? Will they be partneship with Catcha Group? For those who are in for the dividend have to take note how much would the price correction be on ex dividend. Will you still be able to sell higher than your purchase price? Short term players can take advantage of the special dividend to Goreng the price up. Speculators and sharks will be in this counter. The question now is where would be the suitable buy in price?
@Larrytrader, must see Monday opening strong or not. If not will push down around 0.90 before goreng back up. Your info could also be right as ex div date is 14 Aug, there is a lot of time to goreng. Dont over goreng can already. HAhaha
I am also think not to take dividend.... just want goreng only to get fast buck..... because my reminser told me the future of this company are not really bright yet.....
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....
LOHAS
65 posts
Posted by LOHAS > 2017-08-03 23:42 | Report Abuse
Isaham value 1.28. And this is a net cash company.