what is your prediction either up down after the consolidation. Have u heard that any incoming new shareholder,investor,new products before sea games. If not im wondering to buy before consolidation although the price goes high
Consolidation surely affect XDL price after 17/5, 5 sen will become 20 sen but your shareholding becomes 1/4 only. XDL doing this maybe hoping to manipulate the share prices easier in the future. Got good and got bad points. Good is shares can go up faster if there are many buyers. Bad is if share price can also goes down further, more investors kena cheated further. Sometimes, we do not know how China businesses (whether they are genuine or fake) nowadays. I really got scared by MSPORTS experience....until today, still no news either DEAD OR ALIVE. Got so much CASH yet no dividend declared...same case with XDL.???? What do you all think???
This XDL accounts almost similar with Msports. A lot of Cash and no borrowings - Yet no dividends declared. Many similarities detected. Better be careful.
this stock no declare dividend due to high number of share and low profit, after consolidate if this month the quarter out, the profit good, it's stand a chance declare dividend
My XDL-WC has sold all over on Thursday , the layout of 10 months, profit 34%. Consolidation of 4-in-1 the ex-price will be adjusted to 0.16. , the XDL-WC closed at the market price 0.03, the Mother is 0.05. Monday will adjust to 0.20 to open, while the XDL-WC was 0.12. Premium 0.08 (50%).
For example, if Mr X owns or purchases 1000 XDL shares (of USD0.01 par value each) on cum basis on 12 May 2017, his CDS account would still show 1000 XDL shares (of USD0.01 par value each) until 17 May 2017. However, as a result of the above Share Consolidation exercise, Mr X’s 1000 XDL shares of USD0.01 each in his CDS account will be adjusted to 250 XDL shares of USD0.04 each on the night of 17 May 2017 which is the Book Closing Date. Therefore Mr X may, if he so wishes, sells only up to 250 XDL shares of USD0.04 each on or after the Ex-date i.e. from 15 May 2017 onwards.
Participating Organisations are hereby requested to caution all dealers and remisiers that, during the period from 15 May 2017 until 17 May 2017, they are only entitled to sell the maximum of 25% of the shares owned before the Ex-date. Participants Organisations are reminded that it is important to caution all dealers and remisiers on the above to prevent the dealers and remisiers from overselling of their client’s position.
let say i hold 1000shares before x date. Then i sell it 250shares during 15-17 ex date. After 5pm of 17. Is it my shares is become zero since it conso become 4:1? Can anyone explain?Tq
contra purpose... but now we are in china associate country.. more and more benefit to be taken in place.. unless the board want to make this counter easy to control..
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....
kk83
264 posts
Posted by kk83 > 2017-05-13 14:40 | Report Abuse
aaloon you are correct