What the proposal says : 150,000,000 Deleum Shares after 1 for 3 bonus issue & Split 1 into 2 will become 400,000,000. Bonus & split will be implemented simulatneously. So if you buy 3000, after ex-all you will end up with 8000 shares. Let say last done price before ex-all is RM6.00, the theoretical ex-all will be RM2.25
Guys i think you all can consider accumulate Deleum shares from now on .You see Hupseng side way for some time and once the ex-date was confirmed , it rises sharply from lowest 6.83 until 7.97 in just a few days .
They just submitted their proposal to Bursa on 25th of March. Deleum made the announcement on 11th of March, still long way to go, most probably will be completed in June. In time for its next quarter result. Hupseng made their proposal last November and will go ex-all on the 2nd of April this year So be patient.
6.43 liao .Luckily bought few days ago below 6.00 . All these shares give bonus and split are now running up . Another one is CMSB , more than RM1.00 in just 3 days after the news of bonus and split.
Proposal: Barring any unforeseen circumstances, the Board expects the Proposals to be completed in the 4th quarter of 2014. still have time to buy in...but not for contra
Deleum up because of proposed Bonus Issue which have been submitted to Bursa pending for approval. Elvin I noticed that your picks quite sharp. But I think upside can be more than that :)
tq asamlaksa. I usually use conservative figures to calculate TP. and I only buy if there's about 25% upside. hence, even if my figures are wrong during computing, I guess the downside would be limited. just need one or 2 more contracts from PETRONAS and the upside will easily be more than 20%.
Deleum may rebound after the firmer close yesterday. Traders may opt to purchase the stock if it closes above MYR5.95, with a close below MYR5.75 as a stop-loss. If the MYR6.40 resistance is broken, the price target would be MYR6.65. The stock could trend lower if it fails to get above MYR5.95, while the downside risk will increase if the stop-loss is triggered. RHB RESEARCH
deleum is decent but Uzma has better growth potential in the next 2 years. Just sold all my Deleum shares and bought more Uzma. Some of you can look into the financials and learn about Uzma's order value and Rsc contract if you don't believe me. Uzma lai lai
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....
allanlkl
39 posts
Posted by allanlkl > 2014-03-20 09:35 | Report Abuse
quite long to wait...