Once we get the free warrant, we can trade it / sell it at higher price than RM0.20 cos ppl hv to pay premium to us (the shateholders) if the mother share price is up. Betul ?
Assuming the share price is RM2, after ex date the share price wil be RM1. It is easier to push the price up to another level n we r holding 2x the nos of shares.
Sarabikok, If u want to get the bonus & free warrant, u have to hold it after entitlement.
U'r not entitled for bonus if u sell it before entitlement.
U can buy & sell as many time as u want before ex-date(bonus) , but remember, u must buy BEFORE bonus date & hold it after entitlement to get the free bonus & free warrant
ALL glove companies n glove related companies are making good profits. ES is with good fundamental n the share price remain the cheapest among all. ES is coming from behind
Company only proposed ,, Bursa will approved only when company have a healthy account if Bursa approved then all making losses company start applying this bonus issue Make sense rights
Esceram has almost never come out any bonus issue except one right issue back in 2010. I believe the ceo knows what he is doing when he come out multiple esos this year and propose for bonus issue.. if the company not doing well and perform negatively, all these moves will totally affect the share price which I believe as a smart accountant he won’t be doing that ?
Glove counters already locked in their sales for fy2021 , hence profit also confirmed increase as monthly ave selling price keep increasing without additional costs. Thats why all shot up and factories lines working not stop 7x 24hrs. Hand formers need replacement averagely around 12 months cycle depending on wear n tear also.Esceram is biggest hand formers company in Msia with another factory in Thailand. A rising tide will lift all boats. Something is cooking. Otherwise no point in bonus/warrant exercise
Next quarter report should be out end October. Expect new record in profit and sales. Coved will not be over so soon even with vaccine and glove demand will still be in demand..just like face masks.
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....
MickeyLimitUp
422 posts
Posted by MickeyLimitUp > 2020-08-20 18:52 | Report Abuse
Wah.. HamsterHuat already give hint... All in tomorrow. TP4 is coming... huat huat ah