Riskabsorber, with the abolition of the par value regime, there is no practical difference between a stock split and a bonus issue. Both corporate actions serve to increase the total number of outstanding shares and reduce prevailing share prices, making shares cheaper and more liquid for investors to trade in. Any perceived benefits are cosmetic in nature as neither corporate action alters the fundamentals of the shares.
If that is the case than Bursa should have a standard par value for ALL shares on the Bursa. Why have one at rm1.00 and another 50sen or 25c or 10sen. Panamy, Aeon cr are rm 1.00 and some others 10sen. Its a disadvantage to the rm1.00 par value shares. Problem with Bursa they do things without thinking. Have ONE par value for all shares.
excelyou, thanks for your clarification. However, my thought on the CA 2016 is different from yours. CA 2016 need to consolidate share capital and share premium/capital reserve, if the company is having losses, the share premium/capital reserve can act as capital reduction for them. But if the company is profitable, they have higher chance to give bonus issue since the grace period is 2 years to utilize it. After consolidated the share capital and share premium, the so-called par value can be more than RM1. (share cap + share premium/capital reserve) / no. of shares.
Warrent Buffett only has 4 rules: 1) A stock must be stable and understandable. 2) A stock must have long term prospects. 3) A stock must be managed by vigilant leaders. 4) A stock must be undervalued.
Based on annual report, KYY disposed more than 1.5 mil shares, Dr Neoh disposed all his shares and warrant under Dynaquest Sdn Bhd. Director Ang See Ming disposed 600k shares.
Not easy to have corporate exercise, as this will affect the exercise price for the warrant. Besides, still got ICULS need to take into consideration. Any corporate exercise will affect both.
If take out the "other income", the operating income for Q42016 is 14,317 mil compared to 16,588 in Q42015. It is decreasing QoQ (-13.7%) as the revenue stagnant QoQ.
Other income Q42015 = 989 mil. Other income Q42016 = 4,251 mil.
looking forward for the good Q result coming in end of May.
On its new noodle business, Ang said that the group had been approved to supply to 53 Carrefour hypermarkets in Eastern China, of which 32 were in Shanghai.
“There are 225 Carrefour hypermarkets in China, so we can expect more orders from the Carrefour chain.
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....
limcs
157 posts
Posted by limcs > 2017-04-26 21:58 | Report Abuse
@tguan888 , you are no1 fans ! respect you !