GUH might decide to sell or a small possibility to distribute the 9,180,700 treasury shares soon as stated in earlier announcement
The treatment of the 9,180,700 treasury shares held by GUH as at 3 September 2013 prior to the Entitlement Date, i.e. whether the treasury shares will be cancelled, distributed as share dividends, re-sold on the market of Bursa Malaysia Securities Berhad (“Bursa Securities”) or continue to be retained as treasury shares.
Hi guys.. bonus or treasury need shh approval in a meeting. If approval then only got ex date. Cannot play play with the company's capital. Can go jail
PROPOSED BONUS ISSUE OF UP TO 92,707,032 NEW ORDINARY SHARES OF RM1.00 EACH IN GUH (“BONUS SHARE(S)”) ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN GUH (“GUH SHARE(S)” OR “SHARE(S)”) ON AN ENTITLEMENT DATE TO BE DETERMINED LATER (“PROPOSED BONUS ISSUE”)
2:1=3 share that say tp=rm1.50, buy 2000share get 1000share= Rm3000=3000 share , tp ajusted to rm1 ex-dated... EPS share will be diluted And n the (NAPS will also diluted) rm2.40X(2/3) =rm1.6 compare to rm2.40( i.e simple n straitforward calculation without adjustment for treasury shares)
city trader, generally price will go up when bonus issue approved in the egm , improve liquidity of the shares, this is also a good FA counter, there's a small possibility of company distribute the 9m treasury shares
no particular reason, it's just that everyone is bullish and buying in bcoz of bonus issue pushing up sky high[for eg. tdm shoot up from 3.20(or adjusted 0.64) to 5.00 (adjusted 1.00), after bonus issue 0.77-0.81]. Once bonus shares listed, back to square one
TDM one lot becomes 6 lots, so RM5.00 adjusted price should be 83 cts. It went up as high as 90+ cents, if i can remember, coz I sold after the bonus/split issues. There are pros and cons of selling before/after bonus issue. Sometimes after adjustment, the price will still shoot up!
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....
soosuan
122 posts
Posted by soosuan > 2013-10-01 09:37 | Report Abuse
Any translation of the above in Mandarin, to English?