haha well, do you think this company still have good prospect?? and i want to ask for bonus issue, if it happens, is that something that we have to redeem (like right issue)?
it will be credited to your account. prospect of bonus issue is there because they raised their authorized share capital. you can read more http://klse.i3investor.com/servlets/staticfile/216502.jsp. the number of treasury shares are appx the same as the last bonus issue. million dollar question, will they do it?
looking at the lag and a perceived limited upside by analyst houses, the management has this option in hand to make the price attractive for buyers to buy in more shares to subscribe to the bonus issue. lets wait and see!
thanks for your explanation... anyway i don't find the number of treasury shares and the last bonus issue, i still don't get that part.. can you write the figure for me? i'm really appreciate if you would do so.. Btw, i'm really thankful for your help..
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....
KC Loh
13,701 posts
Posted by KC Loh > 2013-04-30 16:19 | Report Abuse
Hopefully one more round of bonus shares issue coming up! :) strong set of numbers!