Date of shares sold from 16/04/2014 to 16/04/2014 Date of shares cancelled from to Number of treasury shares sold (units) 95,400 Currency Malaysian Ringgit (MYR) The minimum price at which the treasury shares were sold ($$) 2.080 The maximum price at which the treasury shares were sold ($$) 2.080 Total consideration received for the treasury shares sold ($$) 197,578.17 The name of the Stock Exchange through which the treasury shares were sold Bursa Malaysia Securities Berhad Total number of shares still in treasury (units) 2,214,600 Number of treasury shares cancelled (units) 0 Total issued capital as diminished 0 Date lodged with registrar of companies 02/05/2014 Lodged by Mega Corporate Services Sdn Bhd
Date of shares sold from 10/01/2014 to 10/01/2014 Date of shares cancelled from to Number of treasury shares sold (units) 170,000 Currency Malaysian Ringgit (MYR) The minimum price at which the treasury shares were sold ($$) 1.850 The maximum price at which the treasury shares were sold ($$) 1.950 Total consideration received for the treasury shares sold ($$) 321,941.41 The name of the Stock Exchange through which the treasury shares were sold Bursa Malaysia Securities Berhad Total number of shares still in treasury (units) 11,240,000 Number of treasury shares cancelled (units) 0 Total issued capital as diminished 0 Date lodged with registrar of companies 22/01/2014 Lodged by Mega Corporate Services Sdn Bhd
The share price will certainly fall after div payout so that the owner can collect again. Company is making monies through company business and equity. It is not a considerate for the minor share holder at all. If you just want to collect dividend but are not looking for stock price appreciation. Then you may consider engtex, else there are lot more counters out there....
Date of shares sold from 26/03/2014 to 03/04/2014 Date of shares cancelled from to Number of treasury shares sold (units) 6,460,000 Currency Malaysian Ringgit (MYR) The minimum price at which the treasury shares were sold ($$) 1.900 The maximum price at which the treasury shares were sold ($$) 2.030 Total consideration received for the treasury shares sold ($$) 12,580,909.04 The name of the Stock Exchange through which the treasury shares were sold Bursa Malaysia Securities Berhad Total number of shares still in treasury (units) 2,310,000 Number of treasury shares cancelled (units) 0 Total issued capital as diminished 0 Date lodged with registrar of companies 11/04/2014 Lodged by Mega Corporate Services Sdn Bhd
No need to sell, a good earning company, keep and earn dividend lo. It is just that I do not like the management philosophy. During good time, the management is already trying to maximise their own profit at the expense of minor share holder, just imagine if it is during bad time, what will they do ?
Buying a company share is just like joint venturing with the company, besides believing in the company prospect, you must choose a company with righteous management, else you can see the money, smell the money.. but the money will never go to your pocket. I hope I am wrong about engtex.
Look for those stocks with good fundamental, and while during good time pay good div and buy back share at high points. This show the company commitment and confidence in the company future.
they should distribute the share instead of selling for recognation to shareholder like what most of the company did...Engtex is the only 1 selling to gain profit from treasure share.
Langa2 approved now will be calling for tender n Engtex n Jaks are the leading company in Malaysia having large pipes n also supplying to Singapore.This stocks are sure money game why post negative talk just buy b4 it is too late buy the warrant...Q now dont waste time..ha ha!
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....
Ring
6,522 posts
Posted by Ring > 2014-04-28 15:34 | Report Abuse
Pressbhd is giving 1:1 bonus issue so price will surge.