4 figure with the head is 9.. if you want to lost much more. just hold eg .. my advise to you guys. Sale your eg. RI is a bad. much more bad. eg company just issue RI last year. and now want to issue RI again... crazy..
Egg Golden (EG) As the sun goes down Behind the large expanse of water A rooster golden Walks out of an old red barn flapping its wings
All day long, He pecks & crows, Welcoming all that pass by Then He'll scream loudly: Cock-a-doodle-doo! Come Come, he shouts: My Darling In the Year of Rooster Has produced The Golden Eggs EG If u want luck, buy EG” Wow, yaloh, cried the crowd “ Buy we must, sure bring us luck”
frank reminder. sale your eg. it will keep droping. last few day. syndicate try to lift up the price. but cannot control the trend. eg price downtrend now. RI really worst. from history. Its rare to see stock go Up after RI. at least 1 year downtrend after RI.. most of the time stock price will slash down 60~70% after RI announcement....
collect or now.. after RI price will go down. if mothershare not even RM1. warrant for sure cannot get higher . rm0.50 is already top peak for this warrant. the value price for eg-wb should be 30sen as the mother share is just 90sen... after RI this april .. price will be more worst... sale your eg.
Can I ask one question? if we buy eg-wc now, after RI, the mother price will be adjusted due to diluted share number, WC price will be adjusted accordingly, and we get nothing from warrant because RI is for mother share only, is it correct?
so meaning we need to exercise the warrant that we buying now and subscribe the right issue? If we do not exercise the warrant, then we get nothing from price adjustment?
actually I confuse how they can do RI and bonus issue together? If share split and bonus issue are easy to understand, thanks anyway for ur kind explanation although I still confuse, haha..
EG is offering convertible preference shares with 2% interest for 5 years to shareholders. Bonus shares will only be given to those shareholders taking up the preference shares meaning EG-WC holders have to convert their shares to EG share in order to subscribe for preference shares with bonus issue 1 for one. This is a very smart corporate exercise and all the present shareholders will have no reason to complain about because the company is going to show a better profit from the paying less loan and bank interest.
Hahaha.. buy when people are fearful, not just about EG. I am feeling it about the overall market. When nobody buy anything last Nov Dec. Now all rushing in, basically is buy what up what.. Faint! lolz..
Slowly can offload my portfolio and increase cashpile. Lately I heard got aunty also buy shares liao. It is the third wave coming. Start buy some cheap Gold!
Venfx take note of forex gain in EG , is it the revenue and profit really increase without forex gain Or the management really do something to let this company grow
@ 77huat77, if u did pay attention to Eg latest report, u would know the net profit are based on EG core biz.
There is no one gain or exceptional item... results are excellent as predicted . Believing, with the continuing achieving economy of scale in production and porfolio produts from quality worlwide clienteles , Gross margin shall improved.
Great to know moneySIFU another catch on this word ranking 50th One Stop Electronic Manufacturing Services player. Only laggard waiting to be exploded $$$
The market is too big... Dyson portfolio products itself has already too big to swallow. With Eg geographically manufacturing in Asia pacific, it stand a strong foot to bid some global electronic vintracts. Efficiency of time to deliver finished products to the client is the key factor .
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....
shareinvestment7
702 posts
Posted by shareinvestment7 > 2017-02-28 14:48 | Report Abuse
This time really get con ald, lost 4 figures in 2 weeks time.. learn a good lesson