Can someone explain to me what does this bonus issue does? Why does it priced at RM0.25? How does this work actually? Thanks in advance! Newbie here ><
Vincent Than: Bonus Issue are issued by companies to increase share's liquidity in market. After bonus issue, price will looks 'cheaper' and will lure more investors as it's more 'affordable'. However it had no influence on the fundamental.
FYI it is not priced at RM0.25. 25 cents is the par value of this company. It serves no real function unless there are split / consolidation of shares.
Vincent,i m in very good mood so i show u.I have 20,000 units.If the price before the x date for bonus is say 4.00 then calculation as follows: 20,000 times 4 then divide by 30,000 = 2.66. So the price for the enlarged capital share is 2.66.
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Vincent,seems that you r interested to learn more abt stk mkt,u can try to contact one Ooi Teck Bee,he is giving lessons,last time i saw he was at Pantech forum.Hope this help.
@richcares, yeap i am.. only started to be interested and read up bout stocks 2 months back.. So considered just started to learn to roll only. @xyzsim true story bro! just words a bit dull
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pang72
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Posted by pang72 > 2013-11-14 20:13 | Report Abuse
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