Winning & losing businesses are just part & parcel of the operation. The market will not be too concern with any particular operational issues unless there is a major systemic problem which could result in significant long term business impact. As long as the Mgmt is taking actions to preserve/enhance its stock value, investors would be happy to keep investing in it.
Type Announcement Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) COMBINATION OF NEW ISSUE OF SECURITIES Description JHM CONSOLIDATION BERHAD ("JHM" OR "COMPANY")
(I) PROPOSED BONUS ISSUE; AND
(II) PROPOSED PRIVATE PLACEMENT
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS") The terms used herein shall have the same meaning as those defined in the announcement dated 6 April 2017, unless otherwise stated.
We refer to the announcements dated 6 April 2017 and 12 April 2017 in relation to the Proposals.
On behalf of the Board, Affin Hwang IB wishes to announce that the listing application of 123,732,500 Bonus Shares and up to 24,746,500 Placement Shares in relation to the Proposals has been submitted to Bursa Securities on 13 April 2017.
If we believe that the mid to long term prospective target price is >RM5, then we should just ignore the short term fluctuations. Trying to time the market is going to be a futile exercise in the long run. We might be successful sometime but usually failed over multiple times!
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....
BBYFH
116 posts
Posted by BBYFH > 2017-04-11 13:19 | Report Abuse
Not many people want to let go their on hand ticket, if you want to buy cheap also not easy now ...