I have been long on this counter since when it was at its peak of 1.20 base on my TA remiser recommendation, Did not follow the cut lost advice, and no dividend with capital lost for years. Trap for a long long time until come the pandemic when she drops to the range of 20~30 sen for me to average down till 70sen range, and finally exit with a handsome gain.
I am not sure why bonus shares are given instead dividend and I did not see any expansion plan to grow the revenue.
Please exercise cautious if you were to venture into this counter.
you calculate 66% number of shares will increase from what you had earlier , it will reflect in your account only after 2 market days may be next Monday
@winnerZ, you are absolutely right, it is a pain gain. Yep, better than nothing. as the saying goes, no pain no gain, but there are many much better counters out there for grabbing. watch out Datuk Sri gonna sell you his bonus shares
@OkieDokie no problem, bro. Keep it up. This year is a hard year to make good $ in KLSE. The last standing wins. MIECO instead a white horse going all the way to the north this year.
usa extreme heat, houses burned in forest fire. china big flood again. western europe big flood lagi, worst in 100 years, wooden houses gone, furniture gone.
mieco plants major in pahang and perak already dah lama resume operation in phase 2 NRP. RM weaken. banyak good news for mieco. time to go up, go 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....
nich0las
2,787 posts
Posted by nich0las > 2020-12-17 21:13 | Report Abuse
Beware, DATO' SRI NG AH CHAI acquire alots share today.
Total Direct (%) : 57.437%
You know i know whats going on.