A bonus does not change anything financially in the company, but the stock price gets reduced. In fact, bonus shares are additional shares issued by a company to its existing shareholders for free. It is based on a ratio of the shares currently owned by the shareholders.
Though Shares price get reduced ,you hold more shares .in future if they declare dividends ,you will get more.like TG ,1st bonus share,then cash dividends...shareholders are happy.. TG will go ex 2moro like rubber
Companies issue bonus shares to encourage retail participation and increase their equity base. When price per share of a company is high, it becomes difficult for new investors to buy shares of that particular company.
Increase in the number of shares through bonus shared reduces the price per share.
Here comes Rubberex's new production lines ON TOP of their already running new production line in June 2020 and huge customer base.
"Rubberex Corp (M) Bhd is principally involved in an investment holding. The company through its subsidiaries manufactures and sells rubber gloves. The company offers a wide range of industrial and safety gloves, nitrile gloves, household rubber gloves and disposable vinyl and nitrile gloves. It operates in three principal geographical areas - Europe, North and South America, Asia and rest of the world. Europe contributes the vast majority of total revenue."
https://www.rubberex.es/contacto This is Rubberex's Spain website and picture of Spain HQ. Rubberrex has a big HQ in Europe. Spain, France, Italy and the UK are hit hardest by Covid-19. Basically the whole of Europe. Rubberex's biggest market is in fact, Europe.
@ HamsterHuat, dont shout too loud, later will have brake, now we just enjoy the show. let it hit as high as it can. huat ah all comrades here !!!! Woo Hoo!!!!
Don't sell your Ruberex before the qr! This one will keep going up. Word has it the results are record breaking. I don't mean just 50 or 60% higher. The extra 2 billion capacity came into production June. Pity those who sold last week.
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....
Flyinghorse
3,701 posts
Posted by Flyinghorse > 2020-10-18 13:56 | Report Abuse
https://www.nst.com.my/world/world/2020/10/633258/coronavirus-survives-skin-five-times-longer-flu
Gloves more important now.