In short and simple, the management of Bornoil is rewarding the loyal shareholders with Bonus rather that cold cash OUT of Dividends. The Issued Capital will increased by 50%. More people are eating the same size cake (unless profit increases by same margin or more in coming Qs) . EPS will drop unless profits are generated and increased by same margin or more, going forward. Not always the price of share would move up after Bonus announcements unless follows by better results and Dividends, if any. ( MyEG for example). The price of Bornoil would be adjusted downwards after the Bonus, meaning more affordable to goreng! Cheers and Gn.
But how can you say bornoil has no liquidity? Even labeling this stock as low liquidity doesn't cut it.... I really don't know what to make of this bonus issue....
Did you notice a pattern here? Very quickly during the day price drops to 0.04. Towards the evening somebody buys 200 shares for 0.045 so it's ends at that price.
Same again today. Can't help inferring that someone wants to entice(trap) investors to buy at 0.04 in the hope of selling at 0.045 but actually nobody wants to buy at 0.045.
As stated by geologist Dr Yves showing potential gold resources of 60,032 ounces or 1,866,943 gm (1.866 ton) of gold..almost 100mil usd.wow very2 good prospect sui sui by next trading session tis wc will surely follow mother share surging limit up
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....
Sales
3,272 posts
Posted by Sales > 2017-02-06 18:15 | Report Abuse
Good news, Hap Seng consider to invest in this stock.