Not much support at 80. RI definitely not in favour. Even major shareholder not proping price. Signs that even them are finding it hard to coop with RI. If market corrects, possibly 50 cents ....
To me is a good sign They are going to fixed the right for RCPS at a lower price Then shareholders are keen to subscript for it Hope my instinct is correct
Charlie, I share the same view. If they were to follow the tentative schedule to announce the finalized RI, there are 6 trading days left in this month.
venn, pls dont fall in love with just 1 rose!!!! life is a many splendoured thing if have more than 1!!! told u Sam, it spurts out high, wetting the whole sky!!! including my pantee!!!
The indicative issue price is RM0.95 per RCPS. The final issue price will be determined after all approvals for the Proposals have been obtained, and will take into consideration amongst others, the prevailing market price of EGIB Shares.
these shares will get dividend first in the future if there is any,
A cumulative preference dividend rate per annum of 2% of the Issue Price shall be payable out of post taxation profits of the Company. The dividends, if any, shall be paid annually, within 14 days from the date of 30 June each calendar year. No dividends shall be paid on the ordinary shares of the Company unless the dividends on the RCPS have first been paid.
proposal not yet approve let say:- mother 4000*82c=3280 OR 95c=950 Free bonus=0.00 Total =4230/6 Per share 70.5c If u r selling OR and the free bonus together , what is your cost price per share? 82c + selling price of OR 82c+50c/4 ( let say 50c OR /4 mother share) cost price per share shall b 69.5c, excluding the brokerage , stamp duty , transfer fees & gst. If u add all , your cost per share shall b higher by at least 1c extra . cost per share is 70.5c If the trading price adjusted lower than 70.5c or the OR selling price less than 50c , then we shall adjust accordingly...just sharing...
Technically it has come to a decision pt either up or going down . But I see very little room to gap down but bigger room for the gap up....Japanese candlesticks shown it is going to break away....furthermore the oversold position was far too long coz the decision for OR and bonus still pending approval...
Remarks : As u may noticed, by comparing the 2 sets of the EMS key players ... Asia & Local EMS player's share prices has been showing better performance over the international players.
Facts are, Asia EMS players has much advantages in providing competetive products and excellent services to their global clienteles.
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Posted by VenFx > 2017-06-20 15:58 | Report Abuse
Relaks bro, this is ever best chance to buy low.
Need not hurry as supply site got adequate tickets can deliver to small bilis.