Lorries of ticket accumulated from 0.920 - 0.985 ; with less than 40% tickets sold from seller . Can that implied to OFF LOADING from the syndicate ? Come on lar ...
Sometimes people like to use the word syndicate freely lo. Maybe there is, maybe dont have. I also dont know. But i read from the article, FA wise, v cheap!
I'm happy to this scenario, funds see value in EG shall subscribe and claim the Bonus qith 2% annual interest . (Besides, this would help EG furthur reap with bigger contract from gkobal Electronic players) This is a golden chance to take a bigger pie from this Box Build segment.
i hv a question: Since the bonus is only entitled to whom subscribe the RCPS, once the bonus issued out, will the share price drop correspondingly? TQ.
If i m not wrong, all the bonus or right issued will have adjustment on share price...Right issue will only dilute the eps without create any new value.
But, not all shareholder will subscribe RCPS, if share price adjustment happen, it will affect all shareholder, including those who dont subscribe. Izit make sense?
Normally,the company will reward the shareholders through the bonus issue.At times such bonus issue is made to sweeten the proposal such as for the purpose of raising capital for expenditure ( production expansion) to meet increasing orders,expenditure and acquisition.Company can also fund the capital required through bank loan or private placement.By raising through right issue is a better option in lieu of the global's increasing interest rates on the horizon. The stock price will be adjusted accordingly after ex-date bonus issue and right issue to reflect the new number of shares issued to all eligible shareholders. Hope the concise brief helps.Good luck.
dont worry.. this corporate exercise is good and healty, and i believe coming qr must very strong earning..since 2015 subscribed right issue and make good profits, i thk now many ppl wont miss this boat anymore..INCLUDED ME!
Company have cashflow issue la. bussiness is good, but if cashflow not good, like the saying goes 'yang dikejar tak dapat, yg dikendong berciciran'. Hope qtr result shows company really trying to improve its cashflow. Im in btw
Agree. That's why former major shareholder(Tai family) sold. Seem new shareholder also face same problem.
Posted by ChasingDreamz > Feb 16, 2017 01:12 AM | Report Abuse Company have cashflow issue la. bussiness is good, but if cashflow not good, like the saying goes 'yang dikejar tak dapat, yg dikendong berciciran'. Hope qtr result shows company really trying to improve its cashflow. Im in btw
Ultimately objective, is to propel EG to furthur growing in organic way. In return u get a bigger pie of Box Build biz. ( Only true, if u see this as opportunity lar )
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....
Liilly Ong
2 posts
Posted by Liilly Ong > 2017-02-14 21:45 | Report Abuse
Duit Sifu I'm new and been reading yr note, can u guide me pls email me mayalily@hotmail.com