QUOTE(icemanfx @ Jul 20 2020, 01:36 PM)
Oh wow. Noted. I am now very excited for afternoon.... STOCK MARKET DISCUSSION V150
STOCK MARKET DISCUSSION V150
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Jul 20 2020, 01:37 PM
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#621
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Jul 20 2020, 01:38 PM
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#622
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Jul 20 2020, 01:44 PM
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#623
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Jul 20 2020, 01:47 PM
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#624
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Jul 20 2020, 01:51 PM
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#625
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QUOTE(icemanfx @ Jul 20 2020, 01:42 PM) 1 BONUS SHARE FOR EVERY 1 EXISTING SUPERMAX SHARE HELD =1+1=2 Now as for the price after split of shares.... TWO (2) BONUS SHARES FOR ONE (1) EXISTING topg ORDINARY SHARE HELD =1+2=3 If Supermax is RM 19, after split is RM 9.5 (1:1) But for TG? If RM 25.... split 1/3? To RM 8.34? |
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Jul 20 2020, 01:53 PM
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#626
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Jul 20 2020, 01:58 PM
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#627
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QUOTE(ZeneticX @ Jul 20 2020, 01:53 PM) So if I have supermx shares now, sell for profit when it hit my desired level (either 19 or 20)... then reenter again after bonus share issue and price is halved? Hold should be the better option. On day of split, there will be a huge mad dash to buy at lower price. But you already started from the lowest price, so no need to be fearful you won't get it.Or just keep what I have and collect more during bonus issue? |
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Jul 20 2020, 01:59 PM
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QUOTE(Boon3 @ Jul 20 2020, 01:52 PM) a 2 for 1 means, you get 2 new shares for every share held. Total shares held become 3. Probably. But greed is infinite. a 1 for 1 means, you get 1 new share for every share held. Total shares held become 2. If the stock trades at 10.00. if it's a 1 for 1... After the bonus issue, you end up having 2 shares. BUT the stock price will be readjusted down to 5.00 remember the bolded part... ok? So should a bonus issue cause the share to go limit up? |
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Jul 20 2020, 02:08 PM
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Jul 20 2020, 02:09 PM
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QUOTE(Eddx @ Jul 20 2020, 02:07 PM) From Supermax Bonus Announcement Still got time to buy, sell, buy, sell.... earn some profits first. Then when bonus issue is ready, just hold.... 5. APPROVALS REQUIRED The Proposed Bonus Issue of Shares is subject to the following approvals:- (i) Bursa Securities, for the listing and quotation for the Bonus Shares on the Main Market of Bursa Securities; (ii) The shareholders of Supermax for the Proposed Bonus Issue of Shares at an extraordinary general meeting ("EGM") to be convened; and (iii) Any other relevant authority, if required. The Proposed Bonus Issue of Shares is not conditional upon any other proposal undertaken or to be undertaken by the Company. 8. ESTIMATED TIMEFRAME FOR COMPLETION Barring any unforeseen circumstances and subject to all required approvals being obtained, the Proposed Bonus Issue of Shares is expected to be completed by end of fourth quarter of 2020. 9. APPLICATION TO THE AUTHORITIES The application to the relevant authorities shall be made within 2 months from the date of this announcement. This announcement is dated 20 July 2020. |
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Jul 20 2020, 02:11 PM
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#631
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QUOTE(AVFAN @ Jul 20 2020, 02:10 PM) all the excitement....! Hit to a point, then sell first.... lock profits.... then rebuy again.....but wait la... entitlement date is 3Q, long way off. how many will buy now and hold till then, wait for ex-date to pass? more interesting now is this afternoon, how far up these announcements will push TG, spmx. TG 25m, Spmx 19 is a given... how much further? |
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Jul 20 2020, 02:12 PM
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#632
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Jul 20 2020, 02:14 PM
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#633
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Jul 20 2020, 02:21 PM
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#634
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Jul 20 2020, 02:34 PM
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#635
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Holy...... just look at the glove counters since restart. Insanity. TG just breeze through RM 25 like hot knife through butter.
This post has been edited by ZeroSOFInfinity: Jul 20 2020, 02:36 PM |
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Jul 20 2020, 02:52 PM
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#636
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The numbers are changing very fast. Looks like gonna be a very busy afternoon.
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Jul 20 2020, 02:58 PM
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#637
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Jul 20 2020, 03:01 PM
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TG requests for trading halt? Huh?
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Jul 20 2020, 03:08 PM
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Jul 20 2020, 03:09 PM
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