Why MBSB suddenly got big jump today

Hm, I bought some Matrix share at 2.67 on opening day, scare it will go up   

Dividend ex date in 2 weeks and the price is now 2.57, I would say can buy lar. Divi is 13.5 cents

We wish to inform you that the proposed bonus issue does not form part of the approvals to be sought at Mah Sing's 21st Annual General Meeting as it had previously been approved at Mah Sing's Extraordinary General Meeting dated 5 February 2013. Rest assured that we are working towards completing the proposed bonus issue. In-line with the intentions stated in Mah Sing's Circular dated 21 January 2013, we intend to announce the entitlement date of the proposed bonus issue by end-June 2013.

Bonus issue means earnings dilution.
How about the MahSing-WB after BI? 

=〉Unbilled sales position of the Group continued to advance to approximately RM3.16billion as at 31December 2012。
=〉The Group remains committed to create value and deliver returns to shareholders with a minimum dividend payout of 40%。

=〉The Group is confident of its prospect and expects a solid performance for the current financial year 2013.

ENTITLEMENT NEWS
COMPANY NAME        MAH SING GROUP BHD
STOCK CODE/SHORT NAME        MAHSING/8583
ANNOUNCEMENT DATE        5/31/2013
SUBJECT        First and Final Dividend 7.6 cent

FYI Mahsing has broken support and can go lower. Not good time to buy or average or you could be buying into a falling market. It would
be safer to wait for prices to stop falling and see how strong is the rebound first.

Using charts  have helped me to find good entry prices to buy good fundamental stocks at reasonable prices and not at peak prices
and give me more chances to make good profits.

If you simply and blindly buy without knowing the trend, you can lose a lot of money or get your money stuck in non -moving shares.

Matrix is also not a good buy now.

Just my observations. Not buy/sell recommendations.

market red , forum turns active.

Concerning Oldtown .

Do their restaurants really making good profits, or something else 

I do not know, but I doubt so.

I mean what is the main source of their profit , coffee powder  or restaurants ?