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 STOCK MARKET DISCUSSION V150

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ZeroSOFInfinity
post Jul 20 2020, 01:37 PM

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QUOTE(icemanfx @ Jul 20 2020, 01:36 PM)
If you have 1 share will get 1 bonus share and have 1 share will get 2 bonus share respectively.
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Oh wow. Noted. I am now very excited for afternoon.... thumbup.gif
ZeroSOFInfinity
post Jul 20 2020, 01:38 PM

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QUOTE(XweienX @ Jul 20 2020, 01:36 PM)
My friends all queue Supermax at 18.8, 18.9, 19.0 d
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Think today TG and Supermax can hit limit....
ZeroSOFInfinity
post Jul 20 2020, 01:44 PM

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QUOTE(lamode @ Jul 20 2020, 01:39 PM)
super confusing now  confused.gif  confused.gif
1 bonus share or 2 bonus share??
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Supermax is 1:1 bonus share.

TG just up Supermax by issuing 2:1 bonus share.
ZeroSOFInfinity
post Jul 20 2020, 01:47 PM

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QUOTE(Balanced @ Jul 20 2020, 01:45 PM)
Oh the bonus annoucement really good. But supermax really high already. Still can up?
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Ever heard the words "Greed is Good"? blush.gif
ZeroSOFInfinity
post Jul 20 2020, 01:51 PM

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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

TWO (2) BONUS SHARES FOR ONE (1) EXISTING topg ORDINARY SHARE HELD =1+2=3
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Now as for the price after split of shares....

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?
ZeroSOFInfinity
post Jul 20 2020, 01:53 PM

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QUOTE(Balanced @ Jul 20 2020, 01:48 PM)
Cannot make up my mind yet. Supermax or xox
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XOX can go to 0.2. But Supermax........ whistling.gif
ZeroSOFInfinity
post Jul 20 2020, 01:58 PM

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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?

Or just keep what I have and collect more during bonus issue?
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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.
ZeroSOFInfinity
post 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.
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?  rolleyes.gif
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Probably. But greed is infinite. whistling.gif

ZeroSOFInfinity
post Jul 20 2020, 02:08 PM

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QUOTE(cofin @ Jul 20 2020, 02:03 PM)
Harta how are you Harta .......i still holding you but no bonus apala Harta.....

The other 2 rubber already gave bonus
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Wait, patience.... Harta boss cancel (or delayed?) ESOS already, and results coming out soon..... whistling.gif
ZeroSOFInfinity
post Jul 20 2020, 02:09 PM

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QUOTE(Eddx @ Jul 20 2020, 02:07 PM)
From Supermax Bonus Announcement

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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Still got time to buy, sell, buy, sell.... earn some profits first. Then when bonus issue is ready, just hold.... whistling.gif
ZeroSOFInfinity
post Jul 20 2020, 02:11 PM

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QUOTE(AVFAN @ Jul 20 2020, 02:10 PM)
all the excitement....! rclxm9.gif

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? rclxm9.gif
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Hit to a point, then sell first.... lock profits.... then rebuy again.....
ZeroSOFInfinity
post Jul 20 2020, 02:12 PM

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QUOTE(Boon3 @ Jul 20 2020, 02:10 PM)
Sure. Greed is good until ...................................
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Tulips and Bubbles, oh my.
ZeroSOFInfinity
post Jul 20 2020, 02:14 PM

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QUOTE(AVFAN @ Jul 20 2020, 02:12 PM)
isn't that what most people have been doing during the last 4 weeks?! biggrin.gif
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Yeah, but with the split thingy looming, better do some "restructuring" exercises first.
ZeroSOFInfinity
post Jul 20 2020, 02:21 PM

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QUOTE(ZeneticX @ Jul 20 2020, 02:19 PM)
So I should be doing the first option instead since the split is not so soon
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You can, since I might consider that also. Having one in hand is still better than two in bush.
ZeroSOFInfinity
post Jul 20 2020, 02:34 PM

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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
ZeroSOFInfinity
post Jul 20 2020, 02:52 PM

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The numbers are changing very fast. Looks like gonna be a very busy afternoon.
ZeroSOFInfinity
post Jul 20 2020, 02:58 PM

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QUOTE(annoymous1234 @ Jul 20 2020, 02:47 PM)
Locked my profit already. Enough for me. Rakuten being shit again
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Mine is stuck at new...... cant amend shit rclxub.gif
ZeroSOFInfinity
post Jul 20 2020, 03:01 PM

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TG requests for trading halt? Huh?
ZeroSOFInfinity
post Jul 20 2020, 03:08 PM

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QUOTE(annoymous1234 @ Jul 20 2020, 03:07 PM)
3 out of 4 sell order matched, last one is kossan. Come on! Up!
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Nooooooooooo.... mine's still stuck at New........
ZeroSOFInfinity
post Jul 20 2020, 03:09 PM

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QUOTE(annoymous1234 @ Jul 20 2020, 03:09 PM)
When u set it bro? I set mine just before lunch
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During the "craze".

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