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2020-10-17 17:59 | Report Abuse
Share Consolidation
Share consolidation is the opposite of share split. A 2-to-1 consolidation involves consolidating two shares into one, while 5-to-1 involves consolidating five shares into one. Compared with share split, share consolidation decreases the number of shares in the market (thus making the shares less liquid) and makes the value of the share price higher (thus being viewed as more “expensive”). Why then would a company want to do it?
One of the most appealing reasons is to increase the absolute value of the share price. Generally, penny stocks, i.e. companies with share prices in the range of below RM0.30, are viewed as speculative stocks (stressing on “viewed as”, as the nature of the company may not be such). By consolidating the shares and bringing the absolute price of the shares higher, the perception will change. The volatility of the share price movement will also decrease when the value of the share price is higher.
2020-10-17 17:58 | Report Abuse
Share Split
Share split is a very common exercise that involves the company splitting its shares into more units. For instance, if a company announced that it is splitting its shares on a 1-to-2 basis, means each share will be split into two shares. If it’s 1-to-5, this means each share will be split into five shares.
The share price will be adjusted accordingly. A 1-to-2 split will result in the share price being divided by half, whereas a 1-to-5 split will result in the share price being divided by five.
At the end of the day, the value of the investment will not increase, i.e. shareholders will not get richer from share split. It is like cutting a pizza into 10 pieces instead of 5 but the total pizza size ultimately remains the same. We will give an example to illustrate this.
In 2011, Digi.Com Bhd (“Digi”) announced a 1-to-10 share split, with ex-date falling on 21 November 2011 (Ex-date refers to the date that the entitlement expires). As long as investors hold on until ex-date, any entitlement, be it bonus issue or dividend, the existing investor would still be eligible for the entitlement.
On 20 November 2011, the day before the ex-date, Digi’s closing price was RM34.96. On the ex-date, the reference price for Digi’s closing price the day before is adjusted to RM3.496 (ie RM34.96 ÷ 10). At the same time, the number of Digi’s shares increases by 10 times.
Assuming you invested in 1,000 Digi shares and held on until the ex-date.
Value of your investment in Digi on 20 Nov 2011:
= 1,000 shares x RM34.96
= RM34,960
Value of your investment in Digi on 21 Nov 2011 (ex-date):
= 10,000 shares x RM3.496
= RM34,960
If there is no apparent value increase to shareholders, why then would companies choose to split their shares?
There are two benefits that the company can derive by splitting the shares. First, as share split increases the number of shares, it can improve the liquidity of the shares. For instance, if the daily volume traded of a company is 500,000 shares a day, by splitting the shares into two, the daily trading volume increases to 1 million shares traded a day.
Second, there are some investors in the market who still measure the price of a listed company by whether or not it is “cheap” and “expensive” in terms of absolute share price. In the case of Digi, by splitting its shares from one to ten, the share price effectively fell from RM30 a share to RM3 a share, which becomes “cheap” to some investors.
2020-10-15 21:43 | Report Abuse
No partner collaboration in cansino and solution
http://www.cansinotech.com/html/1//184/185/204/213/index.html
2020-10-09 15:19 | Report Abuse
profit before tax of RM4.0 because last quarters mlab 7c ,now mlab drop back to 3c
2020-09-24 20:13 | Report Abuse
战毒 Doctor 也来祝贺 INIX ding ding gao si
https://www.facebook.com/105454334477749/videos/293694198560779/?__tn_...
2020-09-24 20:10 | Report Abuse
gong hey malaisaiga hwa gor kit gor ju gor kaki saham hin gor... inix 0094
2020-09-24 20:06 | Report Abuse
gangs society black gang 14k and white gang Mca... kit gor & hwa gor pump and dump cash out and bye bye la..inix
2020-09-24 20:01 | Report Abuse
24 Sep 2020 LEE HAN KEAT Resignation Executive Director
2020-09-24 20:00 | Report Abuse
08 Sep 2020 LEE HAN KEAT Disposed 1,000,000
2020-09-24 19:59 | Report Abuse
07 Sep 2020 LEE HAN KEAT Disposed 8,000,000
2020-09-24 19:58 | Report Abuse
10/09/2020 DATUK TAN CHOON HWA Disposed 2,000,000
2020-09-24 19:58 | Report Abuse
25/08/2020 DATUK TAN CHOON HWA Disposed 9,400,000
2020-09-24 19:57 | Report Abuse
25/08/2020 DATUK TAN CHOON HWA Disposed 4,548,700
2020-09-11 16:53 | Report Abuse
bornoil shares issued 6.3bil .same as vivocom will shares consolidation soon...
2020-09-11 00:20 | Report Abuse
Tedjfkdsj, Netx need share consolidated to reduced float shares in open market,too much shares in open market will made Netx price cannot perform well everyday sleeping in side longkang...
2020-09-08 12:43 | Report Abuse
KUALA LUMPUR, 14 August 2020 - Digistar Corporation Berhad has set its sight on expanding its core business by venturing into a few new industries such as ecommerce platform as well as the F&B business. This will ensure the Company keeps up with recent trends and steps front into the digital world horizon.
Digistar has conducted its market survey over the past few months and its board of directors have
agreed to jump start its foray into the F&B business by setting up 5-6 outlets simultaneously around
the Klang Valley to cater to high density and neighbourhoods. These outlets will be strategically
distanced from 8km to 10km apart from each outlet, hence geographically covering a majority of the Klang Valley area and its neighbourhoods. These 5 to 6 F&B outlets will be supported by a well-equipped centralized kitchen. Digistar has anticipated that the F&B business will begin operation by the last quarter of the year, 2020. The company is confident that the new business
venture will be able to bring in a new source of fresh revenue to the Group.
Digistar’s managing director Datuk Wira Lee Wah Chong said: “As of to-date, we have invested
more than RM1 million into a centralized kitchen facility and it will be ready to launch by the last
quarter of the year. We are also in the midst of applying for a Halal certification, the central kitchen
will prepare Halal certified food that caters for the taste buds of all Malaysians. Furthermore, as a
show of thanks and gratitude to our frequent and steadfast customers, we have a Loyalty
Programme that enables frequent customers to accumulate points in exchange for a stay at our
Imperial Heritage Hotel in Melaka.”
Jumping on the e-commerce bandwagon, Digistar has reserved the name of “Mamma Mia Mall” as
its upcoming e-commerce market platform. This brand new e-commerce market platform will allow
Digistar to reach out to its consumers worldwide with ease and with boundless limitation as
compared to traditional retail businesses. Datuk Wira Lee said: “E-commerce offers the business
a whole range of untapped opportunities, from more efficient marketing campaigns to increasing
their product range to generating more sales, all these could be achieved with an optimised and
Press Release- Digistar stages turnaround in coming year with new business ventures into F&B
take away concept and e-commerce well-developed website. Digistar is determined that with the
new trend of e-commerce online shopping preferences and able to reach out to greater market
globally with lower costs, will definitely enable a quicker return on investment than traditional retail
business.” As the nation suffers from the covid-19 pandemic, many have turned to the online
markets for their purchases of groceries and necessities. Research and statistics have shown that
reliance on online shopping has increased for the buying of groceries and foodstuffs with an
increase of nearly a 150%. Additionally, Digistar has inked exclusive rights with Manuka Honey
supplier in New Zealand, with exclusive distribution rights of NZ pure Manuka Honey to China, the Middle East, Singapore and Malaysia.
Manuka Honey is the world famous health supplement that with unique health benefits and
medicinal values. Digistar is confident that this e-commerce market platform will bring in
considerable revenue in the coming years.
As to date, Digistar has 3 core corporate divisions, i.e. hospitality, its concession project for the
Public Works Department training centre, and the security central monitoring system. These 3
stream of businesses have contributed a consistent steady stream of income to the Group over the
years. The board of directors believe that with these new business ventures, Digistar will be able to
see a substantial increment in its revenue.
2020-09-03 23:37 | Report Abuse
United States fight with China hard die fight ...fight what ? IR4.0 fight who leading tech in world
2020-09-03 23:37 | Report Abuse
because IR4.0 future is technology world, technology stock boom ..Nasdaq all time high
2020-09-03 23:36 | Report Abuse
FBMACE index from 3000 point up to 10850 point all tech stock up few fold followed Nasdaq
2020-09-02 16:07 | Report Abuse
6.2bil shares issue ,consolidation shares soon...
2020-08-28 14:53 | Report Abuse
2020-08-27 16:58 | Report Abuse
Superman see kryptonite loss power...
2020-08-26 09:46 | Report Abuse
CME GROUP BHD
CONCERN AUDIT REPORT - MODIFIED OPINION / MATERIAL UNCERTAINTY RELATED TO GOING CONCERN
2020-08-26 09:43 | Report Abuse
MATERIAL LITIGATION
MATERIAL LITIGATIONCME GROUP BERHAD ("CME" OR "COMPANY")Writ of Summon (Writ) and Statement ofClaim filed by Bellajade Sdn Bhd ("Bellajade" of "the Plaintiff") VS 1) CMEGroup Berhad ("1st Defendant") 2) Others ("2nd Defendant") Kuala Lumpur HighCourt Suit No. 22NCVC-19-01/2014
2020-08-25 17:08 | Report Abuse
AmBank Research says glovemakers fully valued, downgrades to 'neutral'
KUALA LUMPUR (Aug 25): The run-up among glove counters may have peaked, said AmBank Research, which has downgraded its call on the sector to “neutral” from “overweight” in view that the share prices are fully valued.
In a research note this afternoon, AmBank Research opined that the elevated average selling prices (ASPs) enjoyed by glovemakers “will begin to taper off in 1Q21”.
The research house has Top Glove Corp Bhd, Kossan Rubber Industries Bhd and Hartalega Holdings Bhd under its coverage.
“Share prices of all of the glove companies under our coverage have exceeded their target prices,” it said.
“We believe that at current share price levels, the valuations for glove companies under our coverage have fully priced in the companies’ earnings outlook,” it said.
It added that “PE valuations are demanding” pointing out that Top Glove is currently trading at CY21F PE of 43.3 times, which is two standard deviations (SD) higher than its three-year average forward PE of 28.9 times, while Kossan Rubber’s CY21F PE of 26.0 times is almost 1SD higher than its three-year average forward PE of 23.7 times, and Hartalega is trading at a CY21F PE of 40.9 times, which is slightly higher than its three-year average PE of 39.5 times.
AmBank Research noted that the planned capacity increase of 126 billion pieces or 54% by end-2022 “will more than offset” demand increase, and that the recent strides in Covid-19 vaccines will affect ASPs as well.
AmBank downgraded Top Glove and Kossan to “hold” with unchanged fair values of RM25.70 and RM15.74 respectively, while maintaining a “hold” call on Hartalega with fair value of RM18.74. Currently, no glove stocks in Malaysia have any “sell” call by analysts covering the companies.
2020-08-25 17:07 | Report Abuse
AmBank Research says glovemakers fully valued, downgrades to 'neutral'
KUALA LUMPUR (Aug 25): The run-up among glove counters may have peaked, said AmBank Research, which has downgraded its call on the sector to “neutral” from “overweight” in view that the share prices are fully valued.
In a research note this afternoon, AmBank Research opined that the elevated average selling prices (ASPs) enjoyed by glovemakers “will begin to taper off in 1Q21”.
The research house has Top Glove Corp Bhd, Kossan Rubber Industries Bhd and Hartalega Holdings Bhd under its coverage.
“Share prices of all of the glove companies under our coverage have exceeded their target prices,” it said.
“We believe that at current share price levels, the valuations for glove companies under our coverage have fully priced in the companies’ earnings outlook,” it said.
It added that “PE valuations are demanding” pointing out that Top Glove is currently trading at CY21F PE of 43.3 times, which is two standard deviations (SD) higher than its three-year average forward PE of 28.9 times, while Kossan Rubber’s CY21F PE of 26.0 times is almost 1SD higher than its three-year average forward PE of 23.7 times, and Hartalega is trading at a CY21F PE of 40.9 times, which is slightly higher than its three-year average PE of 39.5 times.
AmBank Research noted that the planned capacity increase of 126 billion pieces or 54% by end-2022 “will more than offset” demand increase, and that the recent strides in Covid-19 vaccines will affect ASPs as well.
AmBank downgraded Top Glove and Kossan to “hold” with unchanged fair values of RM25.70 and RM15.74 respectively, while maintaining a “hold” call on Hartalega with fair value of RM18.74. Currently, no glove stocks in Malaysia have any “sell” call by analysts covering the companies.
2020-08-25 17:07 | Report Abuse
AmBank Research says glovemakers fully valued, downgrades to 'neutral'
KUALA LUMPUR (Aug 25): The run-up among glove counters may have peaked, said AmBank Research, which has downgraded its call on the sector to “neutral” from “overweight” in view that the share prices are fully valued.
In a research note this afternoon, AmBank Research opined that the elevated average selling prices (ASPs) enjoyed by glovemakers “will begin to taper off in 1Q21”.
The research house has Top Glove Corp Bhd, Kossan Rubber Industries Bhd and Hartalega Holdings Bhd under its coverage.
“Share prices of all of the glove companies under our coverage have exceeded their target prices,” it said.
“We believe that at current share price levels, the valuations for glove companies under our coverage have fully priced in the companies’ earnings outlook,” it said.
It added that “PE valuations are demanding” pointing out that Top Glove is currently trading at CY21F PE of 43.3 times, which is two standard deviations (SD) higher than its three-year average forward PE of 28.9 times, while Kossan Rubber’s CY21F PE of 26.0 times is almost 1SD higher than its three-year average forward PE of 23.7 times, and Hartalega is trading at a CY21F PE of 40.9 times, which is slightly higher than its three-year average PE of 39.5 times.
AmBank Research noted that the planned capacity increase of 126 billion pieces or 54% by end-2022 “will more than offset” demand increase, and that the recent strides in Covid-19 vaccines will affect ASPs as well.
AmBank downgraded Top Glove and Kossan to “hold” with unchanged fair values of RM25.70 and RM15.74 respectively, while maintaining a “hold” call on Hartalega with fair value of RM18.74. Currently, no glove stocks in Malaysia have any “sell” call by analysts covering the companies.
2020-08-25 17:07 | Report Abuse
AmBank Research says glovemakers fully valued, downgrades to 'neutral'
KUALA LUMPUR (Aug 25): The run-up among glove counters may have peaked, said AmBank Research, which has downgraded its call on the sector to “neutral” from “overweight” in view that the share prices are fully valued.
In a research note this afternoon, AmBank Research opined that the elevated average selling prices (ASPs) enjoyed by glovemakers “will begin to taper off in 1Q21”.
The research house has Top Glove Corp Bhd, Kossan Rubber Industries Bhd and Hartalega Holdings Bhd under its coverage.
“Share prices of all of the glove companies under our coverage have exceeded their target prices,” it said.
“We believe that at current share price levels, the valuations for glove companies under our coverage have fully priced in the companies’ earnings outlook,” it said.
It added that “PE valuations are demanding” pointing out that Top Glove is currently trading at CY21F PE of 43.3 times, which is two standard deviations (SD) higher than its three-year average forward PE of 28.9 times, while Kossan Rubber’s CY21F PE of 26.0 times is almost 1SD higher than its three-year average forward PE of 23.7 times, and Hartalega is trading at a CY21F PE of 40.9 times, which is slightly higher than its three-year average PE of 39.5 times.
AmBank Research noted that the planned capacity increase of 126 billion pieces or 54% by end-2022 “will more than offset” demand increase, and that the recent strides in Covid-19 vaccines will affect ASPs as well.
AmBank downgraded Top Glove and Kossan to “hold” with unchanged fair values of RM25.70 and RM15.74 respectively, while maintaining a “hold” call on Hartalega with fair value of RM18.74. Currently, no glove stocks in Malaysia have any “sell” call by analysts covering the companies.
2020-08-25 17:06 | Report Abuse
AmBank Research says glovemakers fully valued, downgrades to 'neutral'
KUALA LUMPUR (Aug 25): The run-up among glove counters may have peaked, said AmBank Research, which has downgraded its call on the sector to “neutral” from “overweight” in view that the share prices are fully valued.
In a research note this afternoon, AmBank Research opined that the elevated average selling prices (ASPs) enjoyed by glovemakers “will begin to taper off in 1Q21”.
The research house has Top Glove Corp Bhd, Kossan Rubber Industries Bhd and Hartalega Holdings Bhd under its coverage.
“Share prices of all of the glove companies under our coverage have exceeded their target prices,” it said.
“We believe that at current share price levels, the valuations for glove companies under our coverage have fully priced in the companies’ earnings outlook,” it said.
It added that “PE valuations are demanding” pointing out that Top Glove is currently trading at CY21F PE of 43.3 times, which is two standard deviations (SD) higher than its three-year average forward PE of 28.9 times, while Kossan Rubber’s CY21F PE of 26.0 times is almost 1SD higher than its three-year average forward PE of 23.7 times, and Hartalega is trading at a CY21F PE of 40.9 times, which is slightly higher than its three-year average PE of 39.5 times.
AmBank Research noted that the planned capacity increase of 126 billion pieces or 54% by end-2022 “will more than offset” demand increase, and that the recent strides in Covid-19 vaccines will affect ASPs as well.
AmBank downgraded Top Glove and Kossan to “hold” with unchanged fair values of RM25.70 and RM15.74 respectively, while maintaining a “hold” call on Hartalega with fair value of RM18.74. Currently, no glove stocks in Malaysia have any “sell” call by analysts covering the companies.
2020-08-25 17:06 | Report Abuse
AmBank Research says glovemakers fully valued, downgrades to 'neutral'
KUALA LUMPUR (Aug 25): The run-up among glove counters may have peaked, said AmBank Research, which has downgraded its call on the sector to “neutral” from “overweight” in view that the share prices are fully valued.
In a research note this afternoon, AmBank Research opined that the elevated average selling prices (ASPs) enjoyed by glovemakers “will begin to taper off in 1Q21”.
The research house has Top Glove Corp Bhd, Kossan Rubber Industries Bhd and Hartalega Holdings Bhd under its coverage.
“Share prices of all of the glove companies under our coverage have exceeded their target prices,” it said.
“We believe that at current share price levels, the valuations for glove companies under our coverage have fully priced in the companies’ earnings outlook,” it said.
It added that “PE valuations are demanding” pointing out that Top Glove is currently trading at CY21F PE of 43.3 times, which is two standard deviations (SD) higher than its three-year average forward PE of 28.9 times, while Kossan Rubber’s CY21F PE of 26.0 times is almost 1SD higher than its three-year average forward PE of 23.7 times, and Hartalega is trading at a CY21F PE of 40.9 times, which is slightly higher than its three-year average PE of 39.5 times.
AmBank Research noted that the planned capacity increase of 126 billion pieces or 54% by end-2022 “will more than offset” demand increase, and that the recent strides in Covid-19 vaccines will affect ASPs as well.
AmBank downgraded Top Glove and Kossan to “hold” with unchanged fair values of RM25.70 and RM15.74 respectively, while maintaining a “hold” call on Hartalega with fair value of RM18.74. Currently, no glove stocks in Malaysia have any “sell” call by analysts covering the companies.
2020-08-25 16:15 | Report Abuse
superman scare kryptonite vaccine
2020-08-25 12:59 | Report Abuse
clever malaysian better quick quick buy below 10c stock waiting Mafia gangs pump up ...buy below 10c sure Good morning sunshine HengOngHuat... chase at high price sure Good night BYE BYE la dinner HongMengYan ..
2020-08-25 12:59 | Report Abuse
bursa just have less than 20 counter below 10c ...
2020-08-25 12:52 | Report Abuse
Macau mafia 14k gang buy below 10c goreng kaw kaw to above 50c ~ 80c max if have reach touch this target one time don't chase that mean BYE BYE la...
2020-08-25 12:52 | Report Abuse
choonwa also MCa they want goreng penny let MC all party member have angpow ,they bring overseas guy come malaysia goreng ...who brave pump kaw kaw stock ? local player no no no ...just sure overseas mafia gangs
2020-08-25 12:51 | Report Abuse
choon hwa also MCA they want goreng penny let MCA all party member have angpow ,they bring overseas guy come malaysia goreng ...who brave pump kaw kaw stock ? local player no no no ...just sure overseas mafia gangs
2020-08-25 12:51 | Report Abuse
Macau 14K taiko come malaysia pump up high let 14K xiaodi all dump selling to stupid malaysian ...This gang come malaysia they rotation goreng other haven't goreng penny... Macau mafia gang just want money...No money xiaodi how to royalty to taiko...
2020-08-25 12:51 | Report Abuse
Now macau back to china doing illegal like sell china dolls pussy prostitution ,sell white H powder , underground gamblings , dealing weapon ,doing illegal all in china is GUNSHOOT until DEAD .They famous in HK macau mainland they in focus by china police they cannot in mainland goreng stock. so this taiko and xiaodi difficult cari makan ..they come to overseas stock market goreng goreng cari makan...
2020-08-25 12:50 | Report Abuse
MCa party member all want angpow, where have free money ? stock market lah ,choonnwa bring overseas guy come malaysia help goreng goreng...who brave goreng pump kaw kaw in market ? local player boss scare SC ... just sure overseas mafia gangs brave doing...
2020-08-25 12:50 | Report Abuse
MCa party member all want angpow, where have free money ? stock market lah ,chxxn hwx bring overseas guy come malaysia help goreng goreng...who brave goreng pump kaw kaw in market ? local player boss scare SC ... just sure overseas mafia gangs brave doing...
2020-08-25 12:49 | Report Abuse
zhang li just want in market make money, chxon hwa party member just want angpow money, G Gor use market laundering money , Mafia 14k xiaodi just want money...where have free Money ? malaysian silly investor give la...
2020-08-12 08:10 | Report Abuse
economy no good luxuries demand low sales drop la...pohkong not the gold mining ...just pump and dump
Stock: [LAMBO]: LAMBO GROUP BERHAD
2020-10-20 10:53 | Report Abuse
Dgb,Netx ,mlab,lambo ,trive same boss shares consolidation