Eugene Wong's comment on SDS. All Comments
Eugene Wong
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The comments here on bonus issue shows why most retailers lose money cos they dun understand basics, bonus issue is not free shares, it's just making the unit price smaller, it's like the cake size doesnt change, but the pieces got cut smaller, the amount of share u own post bonus issue will increase, but the share price will adjust down accordingly
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Eugene Wong
And they didn't read annoucement carefully, the price will adjust frm VMAP of 1.10-1.14 to post bonus issue of about 0.82-0.85, ur % ownership doesn't change, just that ur slice of the cake got cut smaller, that's all, overall it's neutral, I dunno why management went for bonus issue cos it only make sense if u share price is >10 or 20, cos it becomes very illiquid
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JUNWEE WONG
Of course Bonus issue doesn't come free from nowhere. We all knew it. But generally market sentiment will positively react toward this news, especially First Time Bonus of the company.
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Sharehoarder
no need explain, he did not interect with klse screener enough to understand which is blowing water which is not
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Eugene Wong
Sadly most forums for bursa either klse or i3 all more blowing water than good discussion
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JUNWEE WONG
Ya you are among part of them.
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SmallMidCapxx
What u are defining is "share split". this is "bonus share". The latter boost investor's confidence while the former does not
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