read Fitters announcement: Further to the announcements on the book closure date on 26 September 2014, Hong Leong Investment Bank Berhad, on behalf of the Board of Directors of FITTERS, wishes to announce that 137,216,949 new ordinary shares of RM0.50 each in FITTERS (“Bonus Shares”) will be issued pursuant to the Bonus Issue.
The Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. on Tuesday, 14 October 2014.
In relation to the listing of Warrants, FITTERS would be announcing the date of listing of the Warrants over the next few days pending compilation of documents. The completion of the whole corporate exercise is expected to be no later than 24 October 2014.
I see. Market keep plunging Le. Question to all the sifu, in such market turmoil situation, is it better to cut loss or continue to wait until the market turn normal again?
No worries guys. Warrant price will be listed before 24th Oct. Take it easy. 0.77 is good buy after correction. Mid to long term keep sure profit at this level. Also don't forget director promised 30% of profit will be given as dividend in future. Keeping my finger cross dividend at least 0.048 per year. D/Y will be 6.2% at the current price. :)
Ya stockbiz. I do agree with u. But somehow stocks movement is quite emotion depending on how investor look at it. If u sold before ex but it rised, too bad then. However those people who truly want to go for long term they won't sell, as they know if sold it then they might not able to get back the low average price as when they bought.
i guess now all no choice but to close eyes and ignore the market until it turn happy again? haha, painful le, to watch it keep plunging for no reason.
Anyone here using poems to trade? I have a friend who using poems to trade Fitters from Singapore. But till now the bonus is still not in her account yet, anybody know Why? Thanks
No worries...those who subscribed the rights and warrants will eventually cook the price up....if you have holding power, just treat it as fixed deposit.....
aiya, for those who keep more than 1 year, there is ntg to scare, but for those contra players and short term players, now is not the time for you ppl to buy
Directors keep sapu-ing today. Hopefully support will still be there. As warrant is going to be listed soon so mother share won't be dropping too much.
still holding my fitters strong and fit... it's normal for investor to ride through the wave... be it challenging times or exciting times. cause all will be back and all is well. share will be generally uptrend, as long financially sound
this is a solid share - if you are not playing margin, dont panic. think what buffet would do right now and you will sleep easy at night. If the directors are buying, that means the share is undervalued and underpriced. Buy!
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....
J2529
379 posts
Posted by J2529 > 2014-10-14 09:24 | Report Abuse
not yet get warrant