I will not buy any stock that declare esos and pp anymore.... initially thought esos or pp issue price will be within 10% current market price which I think is reasonable, but in bornoil case, esos is only 2.7cents, about 50% of current market price, and pp can be as low as about 3.3 cents when market price then is 7.5 cents...bilis share is very much diluted and depreciated....
Hold tight all shares... Long term. Operator also losing money to maintain price... When the shares actively traded.. Example buy sell 10% profit... Service fees/tax? They only can maintain when low volumes... Mean they will bleeding when this share actively traded...
... Hold tight and price will up. Only invest when have extra money for Long Term.. Make them suffer brokerage fee... 0.05% in-out. Everyday exceed millions turnover...
I will still hold tight tight.... but actually a lesson to learn that esos/pp can be so low compare to market price. how the management determine the esos/pp issue price? is there any rules and regulations they have to follow to determine the esos/pp price or the company can fix the issue price themselves as their wish irregardless of the current market share price?
Next week will b a bloodbath for all besides GLOVE sectors as many Ppl will go chase hi. They will dump what they have right on their hands. Could b a opportunity to grab at 4 c for those fanatics in Burnoil
So up to date US democrats stiil cannot reach a stimulus dealed with Republicans due to amount conflicts too much as Trump wishes raised to 1.3 T from 1 T. Meanwhile democrats decreased their target from 3 T to 2.2 T
Gold remain sidewave after USA presidency ( yr end likely)
I have been holding this stock for a long time. Sold some recently at 7sen to reduce my exposure and today bought back a bit at 5 sen. The CEO bought 2mil shares at 6 sen on 3/9. So I think at current level it is quite safe.
Bro/Sis, they holding 390, 046,000 shares. U imagine how much value if this share value 0.50/1 per shares.! That is why I always said.. Hold tight long term.. Some1 is preventing price up while accumulate! Good luck!
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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....
Paliwar
98 posts
Posted by Paliwar > 2020-09-12 15:26 | Report Abuse
aiyoo klau hrga naik takpela jugak lpastu