changing hands .....any significance ? JOBST 27 Mar 2015 6:59PM JG Summit Philippines, Ltd. (49,400,000 units Acquired) 27 Mar 2015 6:20PM Summit Internet Investments, Inc. (49,400,000 units Disposed)
ampabella - that right..... for those short term player, there no longer a playground for them to play the counter once they combine 5 to 1. This way many of the contra or short term play will be out of topic. I personally believe after they combine 5 to 1 in next couple of months they will try to announce the acquisition (if they able to identify the good one). If that happen then the stock price will definitely move up further even after combine. Just my 2 cents please use this at your own risk.
powerwk that is actually an interesting theory you have there. It does make sense to consolidate and then only make the announcement. Let's hope it really happen.
tanbb - if you not urgently use the money then just park here first. Because.... 1. You immediate making lost if you sell now. Well, if you sell later may even lost more if thing not go as expected. But you need to know the management and what their style. 2. See what happen after consolidation. But that need to wait for quite some time, looking into great business and ideas to buy a company not an easy task. Really need a lot of up front work and etc. Also they may still give dividend.
But if you need the money for something else, may be identify another potential stock that can help making money in a month or two then you can cash out first and invest there. In short use your money wisely and make even more money from what you have now.
did anyone realize that the ask price of JOBST remained at 0.475 even the bid price lower to 0.465? this happen several times just now....normally the spread is 0.005....
can one shed some light on "5x10sen shares consolidate to 1x50sen share." let say i buy 5000 unit share at Rm0.48, what happen to my profolio after this consolidation exercise? TQ
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....
limayseng
2,076 posts
Posted by limayseng > 2015-03-20 11:14 | Report Abuse
0.435 only a lone 6k shares traded! if best it goes down to 0.415c.....then the up will be more substantial....