kenson morais.'s comment on MIECO. All Comments

kenson morais.
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Y drop a lot
Yeong
bonus issue
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zack
how to know how much we loss in this counter after bonus issue? because i check portfolio, volume of lot doesn’t increase, but price drop a lot.
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Wong ZeiShin (Sarin)
need to wait till 16 apr, u calculate how many lot u have now, for example u have 1000 units, times 5 and divide by 3 equal the amount u will get for extra unit, so here is equal to 600 unit u get extra. So total now i have 1600 unit times the current stock price is the total worth u have
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Wong ZeiShin (Sarin)
1 Lot is 100 units, so calculate by units
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zack
but still price drop 30% right? even got extra unit . still in loss position right ?
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Brandon Chow
every 3 units you get 5, so take your number of units divide by 3 and multiple by 8
1 Like · 3 years · translate
Seven Os
if buy today can still bonus issue or not ?
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Wong ZeiShin (Sarin)
I really not sure, u try read their bonus entitlement notice.
Btw is buy 5 free 3 ya
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Yeong
if buy today cannot get bonus issue..because entitlement alrdy given and price was adjusted to reflect it
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Wong ZeiShin (Sarin)
Zack becuz the total number of shares increase, so price drop, they give bonus shares instead of dividend, even though ur number of holdings increase, but if share price did not raise much from 0.55, then ur total worth also around the same, depends how many units u hav lah, u calculate ur self

New total units * current share price minus ur original holding units * ur bought price, see how much diff
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zack
thank you so muchh for ur detail explaination
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YH
it's x3 and /5.
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Brandon Chow
I think is /5 X8
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Brandon Chow
I read the announcement wrongly
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Gan Chee Kai
free shares coming in on 16 april. no chg to value. price today is jz adjustment
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Weida Ng
Yeah! up 1.5cent. x8 .... woohoo...
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