ESOS Details of corporate proposal Exercise of Options pursuant to ESOS No. of shares issued under this corporate proposal 295,000 Issue price per share ($$) Malaysian Ringgit (MYR) 1.0000 Par Value ($$) Malaysian Ringgit (MYR) 0.250 Listing date 6/6/2016
before esos announcement also you hint-hint...share dilute more and more. wa lau....
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Posted by travoltakeong > Jun 2, 2016 08:20 AM | Report Abuse
the operator is trying to support at 1.06....failing which will go below 1.00 and even below 0.50.....fundamental not so great......watch closely...must monitor....
Posted by vews08 > Jun 3, 2016 08:30 AM | Report Abuse
ESOS price set at 1.00. Director of Sign accepted the 5 million shares ESOS at 1.00, showed their confident to the company. For us, just follow their direction, sure correct.
Posted by travoltakeong > Jun 2, 2016 08:20 AM | Report Abuse
the operator is trying to support at 1.06....failing which will go below 1.00 and even below 0.50.....fundamental not so great......watch closely...must monitor....
Hope drop below 1.00 to collect more... but unlikely my sense told me... regret that day before annouce of special dividend, price below 1.00 I just collect little piggy only... haiz...
That's just like saying rm2 a day for 4D. Need how many days before striking.
Except the difference is u r talking about net cash company, with bad day got some money and good day with a lot of money. I don't think 34k units of condo completing this year in klang n kl are gonna go empty. The business model is good. The sales incentive is OK. If I were to run this business...I will do the same...except I will do it with sdn bhd. No way I'm gonna share with investors.
And that's on top of iskandar and battersea. Except some donkey trying to strike market sentiments with counter with volume of 1million...try air Asia, I think u hv better chances by saying ak xxxx has just crashed...lol
excluding broker fees and for simple calculation, if you have bought 1000 shares at $2.13 before split in April ($2130), today you shall own 2000 SIGN shares @ $1.02 today price worth $2040, 250 warrants @ $0.30 worth $75 and $100 special dividend. Total is $2215 . you paid $2130 and you received $2215, in two months for 1000 shares. That is equal to growth of 24% p.a. , the FD rate today is about 4% p.a.
now the PER around 6 , historically it has been at highest 19 in last 5 years. Say PER 12 , the price shall be $2.04 , so the 2000 shares value translate into $4080 , SIGN-WA shall then value to $1.07 , value become 1.07x 250 = $268 In 2014 the EPS was 16 cents, dividen pay out was 5 cents. For this current quater SIGN already achieved this number, with another half year to go. So conservative there should have 5 cents dividend minimum. That probably another $100 for the 2000 shares you owned. Sum up the total value at assuming PER 12 , Initial invested amount =$2130, expected return 4080+100+268+100 = $4548
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....
dusti
2,404 posts
Posted by dusti > 2016-06-03 12:51 | Report Abuse
Buy now if you need some pocket money, more if you need a new car, still more if you need a house. Good luck Cheers