Through recent AGM, I have confirmed the business is doing so well as per mentioned by management in the past. We shall see stellar performance by company in growth especially next year will be explosive one! Just a matter of time to achieve billion market cap company. I expect it will be a multi billion company in longer term. High visibility, high certainty and high quality business... You can't find another one in Bursa Malaysia at this moment!
I think bull market is temporary over. Whether it will come back or not, I don't know. Telegram groups who used to post hundreds of buy recommendations now all quiet. Can hardly see their post now.
@briantc14 Agree on "High visibility, high certainty and high quality business"... Even though my entry price was high, but when I keep re-read the AR 2016 and the edge market interview with the group, my confidence boost up. :)
Just a lil disappointed on AGM where no slide show to show company progress, just a polling session and no Q&A...
Not many listed company provide presentation. But it does not mean no good. Learn to ask questions will do. Management has reviewed all the necessary informations in the past through news and report. This time I mainly to countercheck the progress and the outcome is very positive. Just ignore the noise and sleep well with ur holding. Look into the business, continues monitor the high visibility plans provided by management and believe what u have seen. Time will tell.
BONUS ISSUE OF 123,732,500 NEW ORDINARY SHARES OF JHM CONSOLIDATION BERHAD ("JHM SHARE") ("BONUS SHARE") TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF 1 BONUS SHARE FOR EVERY 1 EXISTING JHM SHARE HELD AS AT 5:00 P.M. ON 19 JUNE 2017 ("ENTITLEMENT DATE")
Very sorry to those contra-players jumping in at around 5 on Mon and need to close their contra position with losses yesterday! They would be kicking themselves hard in the arse!
One question, since bonus ratio is 1:1, during entitlement date we will have double the shares and price of shares will drop by half? In this case, it's the same as share split isn't it?
Wonder why some ppl feel offended when others celebrate? We should rejoice and be happy for them! Let's spread the positive vibes around! It's contagious.......
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....
i4investor
2,797 posts
Posted by i4investor > 2017-05-29 23:02 | Report Abuse
really good stock to hold