ktrader- I agree tt CIHB is without core business. But the dividend given total 5.10 is already 8 cents profit per share from their TP. The 1.24 present price is all icing on the cake. Even if CIHB goes bankrupt you still don't lose any money.
Re the 2 rights @ 0.93 plus warrant is a way to attract investor. Bear in mind that they want u to buy this right so that they can have more money in their coffer to do business, but this does not guaranteed the present price will remain the same after you pay for the right issued of 0.93 cts. The price after right issued definitely will be adjusted. Don't you think so?
faisal, I have to say this. attractive is not equal to profit. you got what i said? price will drop after they give right issue. you think the opposite. liquidity is for big stock, not mid cap/small cap. price will rise only when trader have holding power. as I said before, big player are buying up.
6:39PM Teh Wee Chye (57,424,523 Shares Transacted) 6:39PM Teh Wee Chye (57,424,523 Shares Transacted)
Tuesday, 3 Apr 2012
6:44PM Late Teh Liang Teik (44,710,150 Shares Disposed) 6:44PM Teh Wee Chye (57,194,595 Shares Transacted) 6:34PM Thye Nam Loong Holdings Sdn Bhd (43,063,278 Shares Disposed) 6:33PM Teh Wee Chye (53,995,094 Shares Transacted)
Looks they want to sell it from 3days later.......... sell it n buy at new fair value but not this week.... mflour still good co but want to make a money, be patient my friends...grab at the lowest share price...
Like I said earlier buying before dividend and bonus is risky and you have to depend on luck. But if u buy after split it's much harder to lose. Will wait Before 27/4/12 to pick up this counter.
hi, my friend always say me buy high sell low... i just bought this stock at rm1.97. is this price reasonable?? thanks p/s need to recover back my previous buy high sell low losses now :)
Any opinion, at current price, worth to buy the Rights,at 2.01 - OR/atau better to buy the Ord shares at 1.91?
If buy rights, plus 93 cents, =2.94, get 500 shares, 500 warrants. Your cost is 1.96, warrants ( free ) may be worth RM 100 ( b/o Px 20 cents ) as it carries 10% premium, depending on Ex Px to mother.
Anybody knows Ex Px to mother ? Which one better choice ??
better buy the mother share... istill dont receive any form about the warrant... i think i qualified to apply 4 that...any info if any one of u have received the form about the warrant, please...
See my comment on 6th April, it begins to show their true colour, their bonus, dividend, right issues is too good to be true. I think you cannot gain much but possibly of losing is greater. Now price drop to 1.89. Itb will drop further.
Yazid, i already received the form from my remisier and I already issued bank draft for rights issue and commission. i can email you the form if you want.
Old post on 10.04.12 just to share: MFLOUR, Buy some at 1.90. It is now sitting on the ema42 day line = last support line. assuming it is still uptrending, then buying at around 1.90 can become abt the lowest prices when the uptrend continues.... [4/10/2012 4:42:32 AM] YC HOW: [Tuesday, April 10, 2012 4:42 AM] YC HOW:
<<< But this buying low strategy is riskier than at new highs.
[4/13/2012 12:40:12 AM] YC HOW: MFLOUR, went in some for 2nd time at 186-188 ysday. [4/13/2012 12:42:49 AM] YC HOW: it is often times better not to go thru corporate excercise, n let our fund free.
6:35PM Yong Kok Yian (9,959,349 Shares Acquired) 5:18PM DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) 5:18PM DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) 5:17PM DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
Wednesday, 4 Apr 2012
6:39PM Teh Wee Chye (57,424,523 Shares Transacted) 6:39PM Teh Wee Chye (57,424,523 Shares Transacted)
Tuesday, 3 Apr 2012
6:44PM Late Teh Liang Teik (44,710,150 Shares Disposed) 6:44PM Teh Wee Chye (57,194,595 Shares Transacted) 6:34PM Thye Nam Loong Holdings Sdn Bhd (43,063,278 Shares Disposed) 6:33PM Teh Wee Chye (53,995,094 Shares Transacted)
so what does it means?? think n study before buy....
it means that the internal investors has started selling their share in market..so when it is happen, it will influence the change in share price in market....if buying less than selling, what would be happen??
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....
azta12
5,594 posts
Posted by azta12 > 2012-04-02 18:35 | Report Abuse
Agree with you faisal, CIHB is in a diff lane. continue watching and keep monitor CIHB, price will pop up again. the good news >>>suprises.