QUOTE(waynew @ May 12 2015, 12:16 PM)
hi im new here, is kilim and dgsb pennystock?
For Bursa, stocks less than RM1 is considered penny stocks.STOCK MARKET DISCUSSION V149, Higher interest rate coming soon?
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 May 12 2015, 12:19 PM
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640 posts Joined: Jun 2013 
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Sep 11 2015, 04:53 PM
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QUOTE(Brico @ Sep 11 2015, 04:31 PM) Oh... Thank You . I dont hold stocks here, But have been in my watch list. Was trying to understand why price declined so much . So in this situation all stock holders are forced to cough up more money? In a scenario, if the investor cannot cough up any more money. Then does it mean they just have to stomach the erosion of their Stock price? Money is not involved. Just the number of shares.Say you had 1,000 shares trading at 6.50. After this you will have 5,000 shares trading at 1.30 (approx). Multiply and divide by 5 as each old share now becomes 5 new shares. |
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Sep 11 2015, 05:15 PM
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QUOTE(Brico @ Sep 11 2015, 05:11 PM) Thank you for your reply. Oh so No money involved, so what is the 0.20sen for? The par value of the old share was 1.00 each. The old share now becomes 5 new shares. So divide it by 5 to get new par value of 0.20 for each new share. |
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