RI cancelled. Only bonus now. Since shareholders were so negative on the RI previously , shares were issued to selected investors who are more than willing to invest.
London Biscuits Berhad - Proposes 1-For-4 Bonus Issue Author: PublicInvest Publish date: Wed, 24 Oct 2018, 09:48 AM
LBB has proposed a bonus issuance of one share for every four existing held. Assuming full exercise of the outstanding warrants and remaining new shares placed out under LBB’s private placement prior to entitlement date of the bonus issue, the enlarged number of issued shares will be 307.75m upon completion of the proposed bonus issue. We are slightly positive as we expect the bonus issue to improve trading liquidity of LBB and appeal to a wider base of public shareholders. Our estimates are kept unchanged, and Neutral call is maintained.
Asian stocks pop after US stocks cheer midterm elections Eustance Huang Published 2 Hours Ago Updated 1 Hour Ago CNBC.com Stocks in Japan, South Korea and Australia were higher in morning trade. China's markets, which are set to open at 9:30 a.m. HK/SIN, will be closely watched by investors following the U.S. midterm election results. The mainland Chinese stock indexes saw losses in the previous session. Overnight on Wall Street, major averages hit their session highs after U.S. President Donald Trump indicated he is willing to work with Democrats on policy initiatives that would help the economy keep growing.
* Sector: Consumer * RSI and Stochastic: Upward Momentum * MACD: Upward Trend * Expected : If this can break 0.6 resistance, expect this will go all the way up and hit 0.7. * Steady counter with Bullish Indication Whatsap me at ( 60 11 5796 8095 ) Join group to get stock live update and TA / FA.
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....
mameegoreng
9 posts
Posted by mameegoreng > 2018-08-23 09:40 | Report Abuse
u smart a33.. of course need to be high gearing when you are in manufacture lines..