Looking at the proposal of share splitting & free warrant. Entry of RM1.48 (current level) is very attractive, if after ex-all, mother share stay around 70.0 sen, then the warrant exercise price of 30.0 sen only, it will worth around 40.0 sen & above. i.e. around RM1.80 in total, still another 30.0 sen upward. Good.
Look at Direct Business Trade since 20 Mar,...... 20/03 - 7.0M, 21/3 - 3.824M, 22/03 - 0.5M, 23/03 4.80M and today 2.0M ..... what is this going to tell us? All this about 12% of issue shares, expecting a new major shareholding?
actually DANCO will issue a circular to the shareholders relate to proposal for share split on 12 April and EGM to approve the proposals is on 2 Mei........
victor chin, lay hong operator behind this, anyway he always use same method nothing new, either corner and push up, split then distribute or raise fund then take money out via injecting rubbish
Actually u should buy when split or bonus is announce, midway before the steam gone you take profit lor, same like what is happening to gdex, push so much up due to the upcoming split regardless of the very high pe, either before ex the share people take profit or after ex people take profit. Stay tune
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....
chong932
48 posts
Posted by chong932 > 2016-11-22 21:57 | Report Abuse
Money in the air, where do you get this tip?