Stock[MRDIY]: MR D.I.Y. GROUP (M) BERHADAnnouncement Date09-Jun-2022Reference NoENT-07062022-00001Corporate Action IDMY220607BONU0001Financial Year31-Dec-2022 SubjectBonus Issue TypeBonus Issue DescriptionBonus issue of up to 3,144,186,250 new ordinary shares in Mr D.I.Y. Group (M) Berhad ("MDGM") on the basis of 1 new ordinary share for every 2 existing ordinary shares in MDGM held at 5.00 p.m. on 23 June 2022 ("Entitlement Date")Amount1.0000 : 2.0000 Ex Date22-Jun-2022 Entitlement Date23-Jun-2022
As a successful investment, u should find those counter that growth. The fact is Msian nowday can't survive without DIY, this is current demand & also the cheapest way to settle our living issue.
Risk Trader, your view is not bad. But, to save cost. People will choose to diy home issue rather than hire contractor or others to solve it, this is most economic way.
Screwed up reason. As if all Malaysians have the skill to do DIY. They end up wasting money, destroying their property and end up calling contractor. How many have expertise in replacing toilet bowl? Don't promote just because you are stuck.
After bonus, comes multiple ESOS then RIGHTS ISSUE with free warrants then PP, Finally consolidation. This is the modus operandi of many stocks in KLSE.
A glorified aircond hardware store with many outlets trading at PE 40. Just my opinion, it's just a hardware store that grew to many outlets during pandemic as electricians and handyman not able to travel from house to house for fixes. Was wondering how many screwdrivers, hammer,etc that customers can keep buying every month to support the revenue and profit.
"Interim Single Tier Dividend of RM0.006 per ordinary share in respect of the financial year ending 31 December 2022" ======================================
Dividend payout is like giving peanut to beggars. Sedekah for so called looooooong term investors.
After 3 years pandemic already end, next year onwards surely is the years of recovery and economy start booming time ! Like previously economy downturn period of: 1)Crisis 1986-1990 start booming 1993 to 1997 2)Crisis 1997-2000 start booming 2003 to 2006 3)Crisis 2006-2010 start booming 2013 to 2016 4)Crisis 2016-2022 start booming 2023 to 2027
So, our economy and KLSE will be spike up like mad start from year 2023 which is next year and i predict our KLSE this round of bull run start 2023 will hit it’s record high of around 2,000 points !
Good speculative stock but guys , just be careful la ya... they have to keep generating sales with opening new shops and stretching the rent.... sooner or later you know la....
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....
Sslee
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Posted by Sslee > 2022-06-22 10:48 | Report Abuse
Stock[MRDIY]: MR D.I.Y. GROUP (M) BERHADAnnouncement Date09-Jun-2022Reference NoENT-07062022-00001Corporate Action IDMY220607BONU0001Financial Year31-Dec-2022
SubjectBonus Issue
TypeBonus Issue
DescriptionBonus issue of up to 3,144,186,250 new ordinary shares in Mr D.I.Y. Group (M) Berhad ("MDGM") on the basis of 1 new ordinary share for every 2 existing ordinary shares in MDGM held at 5.00 p.m. on 23 June 2022 ("Entitlement Date")Amount1.0000 : 2.0000
Ex Date22-Jun-2022
Entitlement Date23-Jun-2022