Woodswater bull eyes . Lol Short term 4 yrs.2 cent advice Dont averages , sell and buy later ( after one week ) at lower price if still in love wirh Bornoil . If not bye forever
Dumbass you lose more money if you try to time it. Just hold don’t average down because you don’t know when the company will delist or do share consolidation.
Wallstreetrookie@10.4. I dun everage. If u buy not much can everage. If many..no ler. Hahahaha. If price want to fly very fast 5 to 10 cts easily. But bornoil their game is diffrent. Hope the best lorr
Be positive. As long that money not borrow / urgent use. Delist i think not in the list. Worried consolidation only. If SC approved consolidation. Stupid. Really dun care retail investor.
Yes. If company proposed ..SC accept it is really stupid. B4 bornoil pp & esos..share more heavy..hope bursa not accept any consolidation proposed in the future
Funny.. So many story. What is the negative effect to shareholder/stock price if share consolidation? The price is adjust accordingly as per the same value.
Instead, in the worst scenario if there will be a consolidation of the shares, it's should be okay because probably it wont be involved "a capital reduction". The financial condition of the company is sound and its has a retained earnings of RM58,337,000 therefore no need for the company to exercise a capital reduction.
A share consolidation without a capital reduction exercises shouldn't gives negative impact to minority shareholders.
as @Will188 said, "The price of the shares will be adjusted accordingly as per the same value"
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....
wallstreetrookie
9,784 posts
Posted by wallstreetrookie > 2020-10-08 17:06 | Report Abuse
Wth is going on with this counter? 5 years never once fly