murali, the corporate exercises of spliting & bonus shares are indeed very good & I did make some small profits from the surge in price. Hope the price can sustain longer & looking for more good news from the Company.
Something to share below.
-------------------------------------------------------------------------------------------------------------- Posted by SuperMan 99 > Dec 9, 2015 04:05 PM
Just called the Property Development Office of Fiamma to register interest for future property projects.
The proposed serviced apartment project located at existing warehouse in KL Kepong, behind Wisma Fiamma, will only likely be launched after 6 months, due to issue with authorities.
That mean no new exciting factor from the Company in near future & the share price will very likely remain stagnant, Or in fact will go down if the trading division is not doing good in the next few quarters.
Ya, KH, future projects remain in future, pls take a time to call Fiamma office at Kepong & ask when are they going to launch the proposed project located at existing kepong warehouse land.
They told me mid of 2016 when I registered interest with them in last Dec.
With all excessive supplies in the current market, let's see what Fiamma can offer on the upcoming project.
Haha..paperplane is hang out at Parkson forum now.. US market is quite worrisome, its futures drop 300+ now. But I still confident Fiamma can gain 40% in 2 months..
moniekj, see the below conversation & you may know true character of a person.
------------------------------------------------------------ Stock: [KESM]: KESM INDUSTRIES BHD Posted by SuperMan 99 > Jan 14, 2016 10:04 PM | Report Abuse X
Paperplane, you may own a crystal ball which nobody has. You may have seen some figures in your ball, why not you share with us?
Posted by paperplane2016 > Jan 14, 2016 10:43 PM | Report Abuse
Nope. Why shld I. I do my homework so hard, why I wanna share. My stock picks already tell many. I don't want do things for free. But evdn if you give me money also I wont share.
On behalf of the Board of Directors of Fiamma, Public Investment Bank Berhad (“PIVB”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 20 January 2016, approved the following:
(i) Proposed Share Split;
(ii) listing of the following:
(a) up to 177,555,700 new ordinary shares of RM0.50 each in Fiamma to be issued pursuant to the Proposed Bonus Issue after the Proposed Share Split;
(b) up to 64,060,936 additional Warrants B to be issued pursuant to the adjustments made in accordance with the provisions of the Deed Poll arising from the Proposed Share Split and Proposed Bonus Issue;
(c) up to 64,060,936 new ordinary shares of RM0.50 each in Fiamma to be issued pursuant to the exercise of the additional Warrants B; and
(d) listing of such number of new ordinary shares of RM0.50 each in Fiamma representing up to 15% of the issued and paid-up ordinary share capital of Fiamma (excluding treasury shares) to be issued pursuant to the exercise of ESOS options under the Proposed ESOS.
The approval granted by Bursa Securities for the listing of and quotation for Bonus Shares is subject to the following conditions:
(i) Fiamma and PIVB must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities (“Listing Requirements”) pertaining to the implementation of the Proposed Bonus Issue;
(ii) Fiamma and PIVB to inform Bursa Securities upon the completion of the Proposed Bonus Issue;
(iii) Fiamma to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Bonus Issue is completed; and
(iv) Fiamma and PIVB are required to make the relevant announcements pursuant to Paragraphs 6.35(2)(a) and (b) and 6.35(4) of the Listing Requirements.
The approval granted by Bursa Securities for listing of and quotation for such number of new ordinary shares of Fiamma to be issued pursuant to the exercise of ESOS options under the Proposed ESOS is subject to the following conditions:
(i) PIVB is required to submit a confirmation to Bursa Securities of full compliance of the ESOS pursuant to Paragraph 6.43(1) of the Listing Requirements and stating the effective date of implementation together with a certified true copy of the resolution passed by the shareholders in general meeting; and
(ii) Fiamma is required to furnish Bursa Securities on a quarterly basis a summary of the total number of ESOS shares listed as at the end of each quarter together with a detailed computation of listing fees payable.
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....
moniekj
1,037 posts
Posted by moniekj > 2016-01-12 22:18 | Report Abuse
Sounds like expert ha..