This qtr profit will surprise you guys till your jaw drop, then you will kick yourself for not buying more. If all goes well eps 17 cents, if PE 10 is 1.7, If PE 15 you calculate yourself what price?
5 days from now will be getting the bonus shares and warrant....
TEOSENG - NOTICE OF BONUS ENTITLEMENT
TEO SENG CAPITAL BERHAD
LISTING'S CIRCULAR NO. L/Q : 72314 OF 2015
1) Bonus issue of up to 100,000,000 new ordinary shares of RM0.20 each in Teo Seng Capital Berhad ("Shares")("Bonus Shares") to be credited as fully paid-up on the basis of one (1) Bonus Share for every two (2) existing Shares held at 5.00 p.m. on 28 January 2015 ("Entitlement Date").
2) ) Bonus issue of up to 50,000,000 warrants ("Warrants") on the basis of one (1) Warrant for every four (4) existing ordinary shares of RM0.20 each in Teo Seng Capital Berhad held at 5.00 p.m. on 28 January 2015 ("Entitlement Date"). Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Bonus Issue" ] as from : [ 26 January 2015 ]
2) The last date of lodgement : [ 28 January 2015]
3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-
a) Selling Broker to deduct [ 1/3 ] , of the Selling Price against the Selling Client.
b) Buying Broker to deduct [ 33.33% ] of the Purchase Price against the Buying Client.
c) Between Broker and Broker, the deduction of [ 1/3 ] of the Transacted Price is applicable. Remarks:
Remarks 1):- The Bonus Shares will be credited into the entitled shareholder's central depository system account and notice of allotment will be issued and despatched to the address as per the Record of Depositors within five (5) clear market days from the Entitlement Date.
The Bonus Shares will be quoted within two (2) market days after the submission of the application for quotation of the Bonus Shares to Bursa Malaysia Securities Berhad.
Remarks 2):- The Warrants will be credited into the entitled shareholder's central depository system account and notice of allotment will be issued and despatched to the address as per the Record of Depositors within five (5) clear market days from the Entitlement Date.
The Warrants will be quoted within two (2) market days after the submission of the application for quotation of the Warrants to Bursa Malaysia Securities Berhad.
Yes its time to buy now after price adjusted as q results coming u will entitle div n price wil shooting up soon to 1.6-1.9....i hav been collecting since 2.0 to 1.6...again now 1.4 so far around 9% return total amount invested in this stock...
Today i sold part of padini to load more on teoseng reason because growth in long run can be foreseen stronger than padini however i still keep part of padini in my port folio..
Can buy now? Wait la, when? I will let you know la. Then slowly move to 2, then all jump in and buy for long term investment. Sound familiar?That is the story of stock market investment chronology.
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 > 2015-01-19 19:06 | Report Abuse
Good one