1 bonus, 1 rights at 68 cents, 1 warrant. Can anyone tell what is the Ex price of the Warrants. Adjusted price after Ex, - 2.18 +1 bonus, +68 rights +/4 is 2.86/4, = 0.715 Correct me if wrong. last day to buy is on Friday, X date, 3/5 Monday.
As comp is distributing out profits earned via bonus issues; wonder d comp raising funds for wat purpose via d RI. For palm oil activities, ppty dev or buying land banks? Y cudnt used d profits earned to proceed for its expansion or development needs, instead to raise via RI, hard to understand indeed
After considering all the issues, the value amounts to about RM2. It is about 20 to 30% discount to its supposed market value todsy of about RM2. 50. They are selling at very cheap pr prices. Your take?
RM 2 to 2.5 is the value of your investment before the propoped issue. The mother share of 865 n 205 for the right are cheap compared to your investment of 2500 or even higher 2750 (that's the price before xd).
@donald770,Yes I had been loyally holding OIB's awaiting its appreciation besides its regular dividends payouts. It EPS cud b improved further as the palm oil price had been reportedly improved till end of 2021. New entry of substantial shareholder wud strengthen d ppty dev division to perform better soon
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