I am agreeing on the price after dilution....hope that's what u understand of bonus....if not pls comment after finding out. Dilution will have price decline.
Anyway, it's easier to talk to him is he understand what bonus does to price......I can use 2/3 I general but if he does not understand ...no point I explain....
Both are correct, just interpreting from a different perspective. In Hua Yang, say the current price is 2.80 (for ease of calculation). 1) bonus issue is 1 : 4 2) holding 4 lots (1,000 per lot) is 11,200 3) after bonus you have 5 lots with the price diluted to 2.24 but total holding amounts to the same at 11,200
Sorry for being so long winded. I am an old man ma !
No it's not like that Inwest......wait for the price is fair....if I take on technicality that price, cangkul may void the challenge as an excuse......:)
Careful cangkul don't hold his own word. Whenever he is corrected, he will type the same thing out as if he answered it.
There's absolutely no advantage is using the diluted price or additional shares because when it comes to percentage returns total amount is computed based on the profits gained on initial investment. In my example earlier, the initial investment is 11,200. Either you old 4 lots at a higher price or 5 lots at a lower price.
But as I mentioned, to resolve the matter and move forward, Saturn if you have another counter to choose, why stick to Hua Yang. Change it and let the friendly contest begin !
For ppl playing on Bonus everyone know the price will be laikadaisikal before the ex....so study Hafiz before u play on technicality alone.......would u pay higher to get one free nearing the ex date? Lets say its 2.60 ( at time before ex) times 3/4 will be approx 1.95.....now take 2/3 times 2.87 will be approx 1.91.
So hafiz ur level when u want to talk sound like you take from book. Books don't tell u price of avg weighting......not unless Hafiz u can tell future.....Wah....if so .....u must be a shaman....clairvoyant ...???
Teaching u is like teaching a 4 years old who claims to be right base on books which shares static info. U are one very low level trader.....tq.
Is ther 3 shares....did I hit u on the soft spot of not understanding Bonus issues.....I said that earlier but u want to show ur lack of knowledge I will entertain......
Inwest, how do you tell the price before the ex to compromise.......I have given the example but low level trade...errr cangkul have no experience but follow text book.....
CFL taroh Hafiz becoz he keep changing position to get leverage.....we alredi agreed 1 to 5 ( or 6 if Huayang is accepted for price after Bonus) he does not understand but argue on old subject. Anyway if he does not agree on Huayang my 2 as I have said to the deaf and dumb cangkul will still proceed!........you can't change a deaf and dumb added with a puny brain....so I will live with it......kakakakka
At this point I really don't care if he accept Huayang or not....my 2 counters and ref price already shared many times.......cangkul is just trying to complicate again.....just watch after every few hrs cangkul forgets agreement........read how many time he already said ok but comes back again......does it sound like someone worried to you????
I am a bit confused now, Mr Tan KW, Please spell out your rules again. Copy and paste from above. When is the closing date ? 1/9/2013 ? Must invest all 100k ? Please advise. Thank you.
I shall say this to the amateur again, wait for the avg price before the ex date.....don't talk about balls when u don't even have half a brain to acknowledge this....
Let the counter speaks for itself....some one already scared before the completion begins......this is a let down but the again playing with kindi boys with cangkul...so much fun....
Tan KW, as I mentioned to avoid, if not minimize any misunderstandings, disputes and arguments that may arise please finalize and spell out the rules for the participants in terms of (just my opinion)
1) the minimum and maximum number of stocks to be held at any one time 2) the minimum value of stocks to be submitted by 01 Sept (by th e way OTB, if you follow the earlier rules where trading is allowed, there is no closing date as one can just put 100K as cash and decides when to enter) 3) the basis of reference prices for purchases and sales 4) the maximum of transactions allowed during the contest period 5) whether intra-day trading is allowed 6) when should be the timing to notify you of their intended purchases
The above are some of, if not all, of the key points you need to consider to ensure the smooth running of the competition.
Lol.....first cangkul says he pick shares from TP proposed by Investment house, then he says the bigger the margin, that's the margin of safety ( pls learn margin of safety fr OTB and not learn half here and half there) .....but can't name Favco seller......depend on RHB only to support ur hunch?
I still stick to my opinion that allowing the flexibility to trade and not starting on equal footing will hamper the smooth running of the contests as many unforeseen circumstances may arise, especially if a COMPLETE set of rules and terms and conditions are not fully in place.
Is that all u can say....see u at mah sing and argue on fundamental.....no point calling names.....lets see how u response.....I bet he will chicken out from own counter....
Please stop argue temporary, let Mr Tan set up the rules.
I see no issue if Saturn selected Hua Yang. Bonus issue will be ex and it is a matter adjustment and increase number of shares accordingly. I can help to calculate for Saturn. Since we agreed, please follow the rules to take part in this competition. Thank you for your understanding.
Ooi, understand where ur Hafiz is coming fr. He want me to use a figure base on 0.75 of a price not confirm....mana Boleh...does he understand......I am worried. ....I am not playing trades i am picking a stock ( as the name stock pick) that can weather the global storm and come out on top by 31 dec or 30%..... I don't see why we should trade and then agree to change stock to get max profit. That's not the challenge. It's clear the challenge is fix on the stock and see who comes out top.....
I tell u if we use any complicate method there will be no winner and argument will continue......win like a gentleman and I will be happy to retreat
Hahaha...cangkul hide until sifu came to the rescue.........
OTB let me remind you it was u who agreed that the earlier agreement was fair and ok..
Tan KW's Portfolio: Stock Pick Challenge 2013 2H - OTB Aug 30, 2013 04:07 PM | Report Abuse
1. First to 30% wins. 2. End date = 31/12/2013 3 Umpire Tan KW 4. First to 30% shall prevail over the end date 5. The ref price shall start base on closing price 6. Total 3 counters shall be competed by 2/9/2013
Also, I think the umpire or judge should be a panel of 3 people. Since KW is a participant (with due respect to him) perhaps he may want to co-opt KC Chong and KC Low (of course with their consent) to be the additional two umpires.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Saturn
2,148 posts
Posted by Saturn > 2013-08-31 19:35 | Report Abuse
I am agreeing on the price after dilution....hope that's what u understand of bonus....if not pls comment after finding out. Dilution will have price decline.