Joel 1,200 shares if 50 sen each will become 6,000 shares of 10 sen each n bonus will be at 1 for 3 where u get extra 2,000 shares as bonus which will make a total of 8,000 shares.
Bonus issue is you have 3 shares they give you one free . The 3 shares you need to buy . So now after split the price which you pay 1.60 to buy 3 shares . after bonus you will have 4 shares . also the price will be adjusted to (1.60x3)/4 = 1.20 . 300 units become 300x5 = 1500 , then every 300 you get 100 bonus shares, 1500 shares will get 500 shares . So if you buy 300 shares in the end you get 2000 shares .
Joel, don't buy 1,000 shares but buy amount which can be divided by 3 then u will not get odd lots which r very hard to sell. Buy like 300 shares, 600 shares, 900 shares, 1 200 shares n so on........ I hope u understand now
Hi tandeklon, with ur 2,500 shares u will get 12,500 shares of 10 sen each n a bonus shares of 4,166 shares of 10 sen each (1 for 3) making a total of 16,666 shares of 10 sen each. Ur odd lot is 66 shares.
Tandeklon, if u want to keep Hup Seng as investment then u either sell 100 shares to make ur holding 2,400 shares where u will get 16,000 after split n bonus issued or to buy additional 200 shares to make ur holding 2,700 shares where u will get 18,000(13500+4,500(bonus)) after split n bonus issued.........then u will not have any odd lot. I hope u understand what I'm telling u.
hehee .. vinvin , how r u ? glad to see u ada position in this winning stock , cheers .. huat aar ... this 1 now tj no eye see liau ...kikikikii now ada sikit punya pasai .. ikut dia suka la mau pi mana : )
start buying from monday ... in out 4/5 time win win till now... today sell all at highest 7.75 then beh tahan ... buy back sikit 7.85 ... wait for x liau ...
aeh nooniez .. better have qty that can divide by 3 to avoid kilikala shares ... ( 1 split to 5 and after that 1 bonus share for every 3 share held ) example if u have 1500 shares ... after x u got ... 10000 shares ... ok ? buy another 100 shares or sell 200 shares la ... kikikiii
Nooniez, with1400 units u will end up with odd lot. Therefore u should either sell off 200 units n left with 1,200 units or buy another 100 units to make a total of 1,500 units. As I've told earlier in this forum that the any amount of units that can be divided by 3 will not end up in odd lots like 300 units, 600 units, 900 units, 1,200 units, 1,500 units n so on.............. I hope u understand what I'm trying to tell u. Good luck to u n happy trading on Monday.
Hi tj, i'm fine tq n happy to hear that u had made a good profit in this counter for few times already. U r still happy with this counter that's why u bought back later n I think u still have faith in this counter which will give u more profit later on. Good luck n happy trading on Monday.
Good luck to you all, I sold all hup seng already. Please be careful, company fundamental still remain the same even after bonus and split. EPS and PE still the same. PE now = 25+-
Congrats to u goldenhope. The reasons for people to chase after this counter r for the shares split n the bonus issued. Otherwise there is no fund at all to see n trade in this company as it is. After shares split n bonus issued there will be more shares in the market n also the price will be cheaper around 1.20 upwards n more people can afford to buy n trade. This is my opinion only. Trade at own risk.
It is true this counter was not a hot stock last time but now only people talking because of the split and bonus issue . The share price may move a bit after split but slowly after some time this thread will be very quiet again .
Nobody can determine the price by saying this n that................better let the market force do the pricing. I'm more favoring the counter to go ex-all before deciding whether to keep for long term or not...............see the situation first!!!
dont worry regarding the hupseng up and down as i know this counter were prefer long term investment and i believe it will be second NESTLE counter, good luck!
not..i just don't worry being trap. if trap be long term investor. if up to my TP and outside have better share which can increase more than Hupseng in short term (example Insas, Iris), I will change.
First timer for Hup Seng at this site. Keep this stock for long term. Do not let go. I did not know what to equate this counter but Michael Jong has aptly associated it with Nestle. Absolutely beautiful.! Once the share split and bonus issue is done, this counter will move again.Good people running this company. Kytan has said correctly - no trap here. Have faith.
we already know this counter price + is because bonus issue no related to fundamental, so PE increase is expected, after X very thing will become normal
both also doing food business, PE high mean ppl confident to buy this counter, will offset by future earning later. apollo i also confident, just compare to hup seng , hup seng got bonus issue and apollo dont have, know the situation ?
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....
Ming Koay
308 posts
Posted by Ming Koay > 2014-03-28 16:24 | Report Abuse
vinvin u always correct!!!