Skpetro: let say... You plan to buy AEON 1000 shares @14.56 = RM14,560. you will get divdent RM220, Plus 1000 share bonus, total 2000 shares after split 1:2 it will become 4000 shares. let say market price in june-14 @4.20/4.80 You will get net profit around 15% to 31% of your investment.
ohkns. maybe need money to cover other investment in other countries.need to pay dividend to company clients.just like us we sell to buy another counter. FYI most of their share holdings very cheap or near zero. AEON give bonus 1:1 in 2004 & 2008.
ohkns. trust me. since you're going to hold long/medium for daya;why not sell it off. for illustration: 100k @ 0.325 DAYA can exchange for 2.2k @ 14.56 AEON. buy 0.8k to make it 3 and hold LONG. maybe can recover all losses by june/july'14 if klci shoot up 1920 then.
psd57-0.45 might be the bottom, if extends today SMA20 to tomorrow. However, there's a possibility that it will go to 0.444/0.43. Just monitor and see how it goes. BUT, rebound is imminent.
Thanks Sifu Mike and all. off to work...AEON medium term just like sifu said. Hehe. I'm doing fine eventho loss for DAya coz got some other winnings in my pocket already. Keep up the good work.
morning everyone! thanks all sifu here for the explanation on AEON. I am benefited from all of the comments. will look into this counter. thanks again.
Asian indices are all down following DJI. Geopolitical tensions in Russia escalating. Referendum to annex Crimea is this sunday. Be cautious this and next week.
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Posted by hepitrade > 2014-01-02 18:04 | Report Abuse
What say you, bro & sis ?