+ added some popcorns and a few more "tickets" to watch the movie. Wow, so many sifus said 60sen, so should accumulate more or not? 50% upside, similar to Gadang and Century?
Took some profit..let the rest run!!! .very happy with my decision to buy during 0.195-0.20..wakakaka...thanks zoomboom and SOS sharing..it was a great investment return!
zoomboom..i seldom come here..hope you remember me, we talk a bit during 0.22 dropped to 0,19 last year..wakakaka..we manyak huat liao..I think i convert earlier than 2020 because I think the dividend will come sooner than 2020 when all the towers are ready.
lol. yes I remember bro. so many come n go liow kata diorang long term kononnya lol.
no la, there is no requisite for long term. jangka masa itu bergantung kpd citarasa masing2 I just like the nombor 2020... cuz it appear in diff phases in my life so far hehe...
hahaha... u want me to show u proof.. wakakaka... I show u IC later. :p Enjoy your profit and see you around. this type really I sometimes forget how much I still hold. Completely not on the main watchlist. Is on the sleeping watchlist. :D
Warrant at 35.5sen about 13% premium with mother share is about 94 sen. Add or buy if your are considered valuation of the mother share is 105 sen and above.
If OCK gave bonus of 1 for 1, say based on today share price (93sen), warrant price (34.5sen) and warrant exercise price (71sen), the ex-bonus will be 46.5 sen, 17.25 sen and 30.5 sen respectively. The warrants will likely to attract more retailers, speculators and investors (non-institutional) who believe the mother price will touch 1.20 in a few years time (or 60 sen ex-bonus)
@zoomsbooms, under the new Companies Act, all share premium must be capitalised (via bonus issue) into share capital by Jan 2019. Most companies will do a bonus issue prior to that, else, bursa will come up with a "capitalisation program" for all listed companies to implement this new regulation. (not sure how they do it if the share premium is less than 10% of paid up, 1 for 10?, or even lesser like 1 for 30? So, a lot of odd lots will arise).
OCK minimum bonus issue, based on 31 December 2016 (company's level) is 2 for 3, if they manage to increase their retained earnings in the company's level, the can do 1 for 1, after 31 Dec 2017.
So the million dollar question is, when will OCK do it? The MD decides. If I were him, I will show some increase in qtr earnings, then I will do the bonus. Meaning, after 2 quarters from now. But remember, it is on Company's level not Group.
At 34.5 sen appears to be a bargain. Since market is slow, no harm accumulate some slowly, as there is not much interest here.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3203 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
sosfinance
1,305 posts
Posted by sosfinance > 2017-05-17 10:26 | Report Abuse
+ pop corns + "chips"