depends also on mkt floating shares currently as prob the operator would want to reduce the public owned mkt shares prior to bonus ex. sort of controlling so that not many outsider holding. if that is their intention then more chance to push up higher before distributing. So after ex 20 jan till 3 feb before bonus and warrants depositing may see volatile movement to higher since if not many outsider holding the stk prior to ex.
Maybe jftech need rest today, before last shoot tomorrow... Its ok.. Take rest first. Who knows tomororow need energy to hit rm8 before exdate 20th.. Magic
Hopefully tomorrow closed rm8 to divide by 4 become rm2 after exdate. And rest a little bit. Rest is good to gain energy Then shooting up again to get good warrant price...
JF TECHNOLOGY BERHAD ("JF TECH" OR THE "COMPANY") BONUS ISSUE OF 692,998,755 NEW ORDINARY SHARES IN JF TECH ("JF TECH SHARE(S)") ("BONUS SHARES") TOGETHER WITH 461,999,170 FREE DETACHABLE WARRANTS ("WARRANTS"), ON THE BASIS OF 3 BONUS SHARES TOGETHER WITH 2 WARRANTS FOR EVERY 1 EXISTING JF TECH SHARE HELD AS AT 5.00 P.M. ON 21 JANUARY 2021 ("BONUS ISSUE OF SHARES WITH WARRANTS")
Hold tight tight till the end of the trading day this Thursday!!! 21 JANUARY 2021
Afiqroslan yes can sell mother after exdate, still get warrant. But i think maybe on 22nd onward. Maybe cds will updated with unit bonus on 22nd. If im not mistaken
Miracles, i dont know what r u trying to say.. I experienced bonus issue many times..
My teacher also also confirmed to me
Unit bonus different with unit warrant
Eg,
U have 1000 mother Unit bonus 3000 will updated in your cds normally 3 days after exdate
Only unit warrant 2000 will be listed on 3rd feb, U sell if u want. U can convert if u want. U can hold if you want. Jftech warrant expired in 5 yrs. It just like normal warrant
For warrant pricing let's say after ex and split the price is RM 2.16, and the exercise price for warrants as stated is RM1.16, then price for warrants would be RM1.00. Yes?
Morning shareholder!! Lets celebrate, today is last day to entitle warrant. Hold tight!, huat huat hopefully got turbo to go rm8 for closing today. This chance i wait for so long. Its worth it. If cannot go 8 today, i dont mind if jftech want to rest today. Rest is good. Tomorrow onward got new investor to make jftech great again. After exdate lets make minimum price rm2
Hopefully after exdate like kpower got power still shooting up even after exdate. 19/01/2021 8:06 AM
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....
SUPERMONEY
341 posts
Posted by SUPERMONEY > 2021-01-18 14:00 | Report Abuse
depends also on mkt floating shares currently as prob the operator would want to reduce the public owned mkt shares prior to bonus ex. sort of controlling so that not many outsider holding.
if that is their intention then more chance to push up higher before distributing. So after ex 20 jan till 3 feb before bonus and warrants depositing may see volatile movement to higher since if not many outsider holding the stk prior to ex.