Please be clear on big lots and shares. One big lot is 1000 shares.Optimus and ibex.....800k means 800 big lots. You mean you sold 800 big lots! ! and flash777 you sold 1000 k??? Or do you guys mean 800 share and 1000 share? If not, then you guys have as much stake as the econpile founder..
some of you still do not understand what was mention by chloe.....actually if you own Econ shares on 22 dec or before...you can sell all your shares including split and bonus shares starting on 26 dec..i.e on the ex date.....but you cannot sell your free warrants...you can only sell warrants when listing date of warrants is announced.......be careful if you to sell all your shares , you must know how to to calculate your number of split and bonus shares .....dont over sold...
yes @ruslimz, my interpretation of the announcement very different then you, thats why seeks more info lor. i read the proposal mentioned 28th dec then entitled lor, u mention split date already can access the new shares, is it u just give standing instruction to ur broker to sell instantly when received or waht. please share info.
@mamatede...if you read @chloetai posting carefully then only you know the tricks how to play when involve with bonus and split. sHe did exactly as what I did. Do you notice on 26th..some shares she sold by keying her shelf and some she used remisier to sell...in my case I told my remisier to sell all shares.......there is a reason behind this.....
@Chloetai ....please answer me..... I sold on 26th , but my broker TA securities only could bank in the sell proceeds into my account only on T+4..intead of T+3 ....the reason given because the split and bonus shares are still not in my CDS... what about your case.....
Please read the above bursa announcement . Clearly it explains how to trade bonus and split shares...If you do not understand...call me for explanation....
if it is an offence, they will put me in jail instead of paying the sale proceed...yes my broker will pay me....do you think they will pay if it is an offence..
well....different people have different trading strategy.....some you keep going up ...some keep going down.....there is nothing for certain.....only god knows....point is to make profit......if you are brave enough you can play contra..buy on cum date and selling next day on exdate.....your free warrants listing normally 10 days after ex is your net profit.......hit and run......
hi guys..would like to ask ..1 bonus share to 4 splits share means? let say i have 3000 ordinary share...i will have 4 splitted share based on this 3000 ordinary and got 1 bonus? thanks for teaching
@shinshin12, just multiply ur share quantity by 2.5 la. So say ur entry price is RM2.0, you divide 2.5, you effective entry price now is rm0.8 ... that is earned kao kao..
shinshin ..... you bought at around RM2.00 and with current adjusted price....at lost.... how you calculate...OK I will give example of calculation...say you bought 2000 units at 2.00..your cost is RM4000. After split and bonus your shares will be 5000 units. If you sell at 1.20 now....you will get RM6000....profit RM2000....more profit from selling free warrants later.......lost t?????
oh...ok..thanks guys...coz i saw my average price now is 1.315 after got all the splitted and bonus share...then market price 1.2 ...which losing 0.11cent...
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....
Pgraduate
101 posts
Posted by Pgraduate > 2017-12-27 17:50 | Report Abuse
Please be clear on big lots and shares. One big lot is 1000 shares.Optimus and ibex.....800k means 800 big lots. You mean you sold 800 big lots! ! and flash777 you sold 1000 k???
Or do you guys mean 800 share and 1000 share? If not, then you guys have as much stake as the econpile founder..