when up , mat 7 ppl also come out say ask u buy, hahahahah if later waterfall, all disappear and mayb quarantine elsewhere, lol ... really funny.. later big drop in a sudden , u all dont cry....this stock has no mercy, last time many people kena
@oldwiseman100 What I understand is that rights issue is when a company issue a right to buy (but its not compulsory to buy) at a certain price and date. It's free when they issue it to you, but when come exercise date, you must choose to subscribe (need to pay your broker) or to forfeit. You can also choose to sell option. Am I right, sifu2?
So, if my friend choose not to exercise, the OR share will burn/delist, right? what will happen to the mother share? as in will the number of units reduce?
In normal cases, what will the share price be? go down after RI is completed?
How does an investor exercise the OR? Call the broker and pay XXX fees before the expiry? if OR is RM0.05 and you have 1000 units, that means you will pay RM500 to the broker in exchange for new shares?
TheEdge got article on this stock being part of FinTech pump and dump counter, you guys in here knows this and treat this as a gamble and ready to lose some money or got any new investor got trapped here?
lol......those talk nonsense one..u guys have stock from rm1 go to rm100 without retracement or declining? its all about timing and skill....or u guys have stock from rm1, 20years later still rm1 ? stock market its either up or down...if u no greedy...when up 2 or 3 bid u sell..u wont get trap...if u play safe..not chasing high..u wont get trap...
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....
Ppmaster
4,431 posts
Posted by Ppmaster > 2021-05-24 16:43 | Report Abuse
Take profit first