This stock is undiscovered gem. It may expose more to public after good next quarter result released. It is resilient food stock for patients or no brain people like me.
to fix the exercise price of the Warrants at RM1.35 per Warrant, representing a premium of approximately 9.76% to the theoretical ex-bonus price (“TEBP”) of the Shares of approximately RM1.23, calculated based on the five (5)-day volume weighted average market price (“VWAMP”) of the Shares up to and including 13 January 2015 (being the market day immediately preceding the price-fixing date) of RM1.84 per Share. pls someone can explain above term.
That means in the past 5 days average trading price of Teo Seng shares is RM1.84 per share. Bonus issue of shares is 1 bonus unit per 2 shares held. So in theory, after bonus is issued, price will be spread to RM1.23 per share (two third of RM1.84). From there, the warrant price is fixed at *ex-bonus price plus 10%* which is RM1.23 x 10% = RM1.35 per warrant. That's roughly how to explain it...
just top up somemore, will go up slowly...you can see history also like that...maybe profit taking as in just few months up gradually from 1.6....just buy and keep now before too late.
Dowjones, there is no need to keep spreading bad thing after you declare your sold position.
I agree with your point, that USD is not good for feed importer, but other than that part, is there also a possibility that other cost decrease, like transport cost that helps to minimise it?.... your mkt up, TS down... what a joke, you hav been with TS a while before, you say la, since when TS follow others de?, TS usually go anti-direction for god-knows-what reason.
Let's not forget amid all the price increase, TS are expanding the farm too and due to finish by 2016.
Just think logically, eggs daily needs products, all restaurants, bakery, café, end consumer u and me need it, other eggs counter all increased plus this counter got free bonus and warrant and decent dividend as well....where to find this kind of good counter? if you're building wealth you should buy this counter into part of your portfolio.
Philan, TS is too good to be true but come to double think about it. Who are the people who sold in the market recently? Even thought whatever news also out already, so people should buy or hold instead of sell but why the counter come down? It is because the seller is more aggressive than the buyer lol.
Will we small fish ever know and can timed the market accurately? If not, what's your plan? Mine is simple only, hold until reach target price knowing that it will one day with the good fundamentals. Dunno how long that day will come, but glad that it provides dividend and profit improving. I don't have other 100% sure win formula as invested quite a lot and is at capital loss... Am I a fool for holding this stock hahah...
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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....
pang72
51,625 posts
Posted by pang72 > 2015-01-14 00:03 | Report Abuse
ALL market up. it help to push teo seng to rm2.00