See how importance is publicity. MD and his son just appear in a few live shows and present their company's future plan (not yet materialized), then got bunch of peoples will buy their shares no matter how high is the company's current valuation. Really respect this bunch of noobs.
This father and son pair have been promoting their company since May I think.. After that, the share price goes up..Their IR, Mr Tan Kang Seng once condemned those companies that gave bonus issue one ma (ask investors do not fall onto this trap), some more say bonus issue got nothing to do with the fundamental of the company.
Now what happens?? The old tactic is used again, active in social media + bonus issue..
Papayashot ...Bonus issue(BI) is a common tactic the big guys used to increase market activities and takeaway some portion of the cash reserve..Aishh nowadays every company like that..why not you guys attend their Agm more frequently..and give vote..Monitor them..
Ini kaunter actually ringan shj... Kaunter ini ada 730 mil.. 2 big boss total holding 74%.. So at open market only hv 730mil × 26% = 189.8mil... Easy to push... Will move higher...
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....
The_JQuestion
1,699 posts
Posted by The_JQuestion > 2021-07-29 21:40 | Report Abuse
ok laaaa dividend bonus huhu bagus