The Vietnam War was probably more important than the Korean War in terms of long-term impact on the nation and on the stock market. President Lyndon B. Johnson's unwillingness to pay for the war by cutting social programs helped set off inflation and bring on the 1970 recession.
But Vietnam was a war that had little in the way of immediate market impact, as it grew without any obvious beginning. Neither the Tonkin Gulf incident on Aug. 2, 1964, in which North Vietnam was said to have attacked American ships, nor the Tet offensive the began on Jan. 30, 1968, in which Communist troops attacked Saigon, had much impact on the market, although each event dominated the news at the time.
(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, 12 April 2017 and 13 April 2017 in relation to the Proposals.
On behalf of the Board, Affin Hwang IB wishes to announce that Bursa Securities had, vide its letter dated 14 April 2017, approved the listing of and quotation for the following:
(i) 123,732,500 Bonus Shares to be issued pursuant to the Proposed Bonus Issue; and
(ii) up to 24,746,500 Placement Shares to be issued pursuant to the Proposed Private Placement.
On behalf of the Board, Affin Hwang IB wishes to announce that Bursa Securities had, vide its letter dated 14 April 2017, approved the listing of bonus issue and private placement.
Is it meant bonus issue will be announced anytime from now?
Dividend policy should only be applicable for non-growth stocks which has no avenue to reinvest their profit. A growth company should not pay dividend but to use those internally generated fund to fund their business expansion. When we invest in growth stock, we expect our investment to compound via stock price increase from business growth via expansion. We certainly wouldn't expect to cashing out via dividend. For those who are looking for dividend payout should invest in the so-called "housewife, pensioner" stock which has no growth prospects but earning stable profit for sharing with its investors. For such companies, it is their obligation to distribute their earning as called for by the China's authority.
“We target production for both these projects to start in the second half of FY17. So based on this business unit alone, we can see our revenue grow by 20% this year,” he said.
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....
Goldmann
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Posted by Goldmann > 2017-04-14 14:47 | Report Abuse
If US-NK really start war, no matter how high the demand for aeroplane, the share market and stock price will crash also.