Followers
0
Following
0
Blog Posts
0
Threads
2
Blogs
Threads
Portfolio
Follower
Following
2016-06-14 20:01 | Report Abuse
why nobody talk about capital reduction from this company how come from 10000 lots it become 2500.Lucky thing l am a small investor.What about the big timer who invest a lot of money.Company go bankrupt never mind but to cut from 10000 lots to 2500 means we are losing
alot of money,If this goes on alot of company will follow suit like Amedia another company doing the same thing.Can somebody explain on this issue.l doubt whether l can trust this company anymore even if they give us warrants.
Stock: [SANICHI]: SANICHI TECHNOLOGY BHD
2016-06-14 21:51 | Report Abuse
l salute you and congratulate you because u bought the share cheap.As to me l am holding this share for close to 2 years and l bought it that time is close to 0.15 cents.Half of my pension money hoping to make a few hundred bucks.Unfortunately it went down to 0.08 cents before the capital reduction.Simple arithmatic like 10000lot x 0.08cents = rm800.00.Now they increase to 0.14 cents x 2500=rm350.00. Is this what you call fairness?.l am losing a little of my pension money never mind.To those who is holding this share for a long time and bought a few thousand units my apology to them.According to source they got the approval.Remember not all pensioners are internet savy,they just follow their friends advice to what cheap stock to buy.Now they are trap like me.