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 STOCK MARKET DISCUSSION 118, Yat Yat Fatt - Apple Free

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OldKidz
post Apr 23 2012, 10:33 AM

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Hi guys,

Help needed.

Wat it means in the below articles:

http://www.bursamalaysia.com/website/bm/li...ments/index.jsp

http://www.bursamalaysia.com/website/bm/li...ments/index.jsp


Many thanks in advance.


OldKidz
post Apr 23 2012, 11:00 AM

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QUOTE(OldKidz @ Apr 23 2012, 10:33 AM)
Ehhh, can someone enlighten me plz? icon_question.gif icon_question.gif
OldKidz
post Apr 23 2012, 11:17 AM

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» Click to show Spoiler - click again to hide... «


Wopss, my bad my bad, I tot I directed to the proper one... rclxub.gif

Am refering to Jotech entitlements: On date 20/04/2012.

Meaning for below?


QUOTE

For Jotech:
c.
Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
:
Entitlement indicator :Currency
Currency :Malaysian Ringgit (MYR)
Entitlement in Currency :0.18

Remarks :
The trading of the ordinary shares of RM0.10 each in Jotech Holdings Berhad (“Jotech” or “Company”) (“Shares”) on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) will be suspended with effect from 9.00 a.m. on Monday, 7 May 2012, which is three (3) clear market days prior to the Entitlement Date (as defined herein). Accordingly, the last day of trading of the Shares on the Main Market of Bursa Securities prior to suspension shall be 5.00 p.m. on Friday, 4 May 2012. The Shares will no longer be traded on the Main Market of Bursa Securities after the trading of the Shares is suspended on 7 May 2012. For the avoidance of doubt, the trading of the Shares will continue to be suspended with effect from 9.00 a.m. on 7 May 2012 until the removal of our Company from the Official List of Bursa Securities.

For Jotech-wa
c.
Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
:
Entitlement indicator: Currency
Currency :Malaysian Ringgit (MYR)
Entitlement in Currency :0.09
Remarks :
The trading of the warrants 2007/2012 in Jotech Holdings Berhad (“Jotech” or “Company”) (“Warrants”) on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) will be suspended with effect from 9.00 a.m. on Monday, 7 May 2012, which is three (3) clear market days prior to the Entitlement Date (as defined herein). Accordingly, the last day of trading of the Warrants on the Main Market of Bursa Securities prior to suspension shall be 5.00 p.m. on Friday, 4 May 2012. The Warrants will no longer be traded on the Main Market of Bursa Securities after the trading of the Warrants is suspended on 7 May 2012. For the avoidance of doubt, the trading of the Warrants will continue to be suspended with effect from 9.00 a.m. on 7 May 2012 until the removal of our Company from the Official List of Bursa Securities.


Thanks again.
OldKidz
post Apr 23 2012, 11:38 AM

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QUOTE(hamsterr88 @ Apr 23 2012, 11:37 AM)
hi guys..
newbie here..
for jotech means what??
we buy now and hold and we get RM0.18 by May??
hahaha.. free money =p ?
*
I bet that not easy for you to buy it now as ppl will hold if in the case u mentioned?

I need clarification of the entitlements as well... sad.gif
OldKidz
post Apr 23 2012, 11:55 AM

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QUOTE(hamsterr88 @ Apr 23 2012, 11:51 AM)
Hi Guys,

I just called up the registrar..If you buy, you will get Rm0.18 in value =p
there will be no cash payout hehe..
*
Oh I guess they meaning that Jotech will be transferred to the new company share at value 0.18 instead for each share investor hold?

uhmmmm, correct?
OldKidz
post May 2 2012, 12:37 PM

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QUOTE(panasonic88 @ May 2 2012, 12:26 PM)
Maybank raises BIMB target price
May 02, 2012

KUALA LUMPUR, May 2 — Maybank Investment raised the target price of Islamic lender BIMB Holdings to RM2.95 per share from RM2.55 on higher valuations and rising profitability.

The investment bank said it expected Bank Islam net profit to rise in 2012-13 due to an upward revision in fee incomes. There was also growth potential from its Indonesian operations, which were still in their infancy, Maybank Investment said.

“We expect Bank Islam to register relatively healthy return on equity of 12.6 per cent in 2012 and 13 per cent in 2013,” Maybank Investment analyst Desmond Ch’ng said in a note to clients.

“Coupled with the fact that the bank still has much room to gear up given it is well capitalised and has a highly liquid balance sheet, the higher valuations are justified.” — Reuters
*
Sound so positive, buy buy buy...

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