Hi guys, It might be a silly question but I was looking into Marco stocks for research purposes and I really wonder how it was affected by the announcement of new Casio subsidiary in Malaysia on 6th of January. It seems like stocks went up then down after that date. I would expect the price to go down assuming that Casio wants to take the control of sales in Malaysia but it seems like that Casio is still working with Marco. Sorry about my ignorance. I would appreciate if anyone could briefly explain this subsidiary case.
Stock: [MARCO]: MARCO HOLDINGS BHD
2014-05-05 17:01 | Report Abuse
Hi guys, It might be a silly question but I was looking into Marco stocks for research purposes and I really wonder how it was affected by the announcement of new Casio subsidiary in Malaysia on 6th of January. It seems like stocks went up then down after that date. I would expect the price to go down assuming that Casio wants to take the control of sales in Malaysia but it seems like that Casio is still working with Marco. Sorry about my ignorance. I would appreciate if anyone could briefly explain this subsidiary case.