say the share price is $2.60 and you hold 10,000 units. After the bonus shares, 1 bonus share for every 4 unit, you will have 12,500 shares and share price will adjust to $2.08. If share price climb back to say $2.40 in 3 months time, your paper earn $4000
Rachel, I have some core investments that I keep and hold them for long term. This is one that I hold. Its exciting 1 or 2 years down the road, you be surprised how much more you can earn
KUALA LUMPUR (Jan 8): The food & beverage (F&B) sub-sector may benefit from the GST implementation and further subsidy rationalisation on the horizon, according to Kenanga Research.
"On Tuesday, the Cabinet Committee on Foreign Workers and Illegal Immigrants had said that fast-food restaurants would not be allowed to hire foreign workers to give priority to Malaysians." Cost increase will affect the bottomline as it employs many foreign workes in outlets
If Oldtown is fast food then all the other cafes also fast food. The only shops no foreigners are mamak shops. But they also employ foreigners but you can't tell the difference.
Some investors are clearing for some profits after the quick run-up. This counter has a numerous large foreign fund holdings besides the local funds. Think they would buy big time before the Bonus Ex-date (23Jan2014)
I think the price down due to gov is not allowed to hire foreign worker for fast food restaurant included OldTown. In fact the minimum salary started from this year is same impact too but I am confident that this factor is able to overcome by OldTown.
cheeseburger, even this is run by franchise, but if the business is not profitable; indirectly The impact is there. Just likes present market, if the report that particular company has great potential (not sure even can get return at least similar to FD) but the price up and up, this is Malaysia share market!
But if company just selling instant coffee can be listed Oldtown can be better. Their outlets are franchised and they export coffee as well. My opinion
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....
sohofelix
57 posts
Posted by sohofelix > 2013-12-31 10:13 | Report Abuse
Next monday is EGM for this bonus issue.