BengKuang   

SGX approves 3 for 1 BKM stocksplit

787180 This month end EGM possible?

stocks are getting more n more volatile

 

oh... Thanks 787180!! Sorry i am new to stocks.  

Is there any dividend for this company? if yes, how much? if cant earn capital gain, at least can earn dividends in the future... haha

 

Reply to Zhenxian..stocksplit is not like rights issue,the latter is to raise fund and shareholders hve to cough out cash and buy the new shares at a cheaper price than market price.But in stocksplit is to increase the marketability of the shares,more like bonus shares,ie U no need to come out with cash at all..see quite resilient holding well at 85.5cts for BKM fro every one yr total shares hve become 3...ie U get 2 more

 

ok thanks.

hmm.. i heard before that when a company do stocksplit is also because it needs more fund for its company. As after stock split, the shares are cheaper and thus more ppl can invest. Therefore more funds for the company.

When a company is in need of more funds, isit it a bad thing?

just my thoughts. Maybe after the split, can straight away sell off the stocks liao and not more off long term though.

 

about 1 to 2 weeks after EGM and you will see the sign CA next to the stock

 

Hi 787180,

After the stock split, all our shares will be triple right? let say if i have 10 lots now, i will be having 30lots then right?

Can please advise normally when after the EGM will the stock split taking effect?

Thanks a million

 

tomolo sure good time to buy in more, dow drop again...

 

250 lots...BKM EGM by end Nov 2007 the latest

 

787180, how many BK shares you're holding on?

 

Just wondering how long we've to wait.... the price is dropping again.

 

further comfirmation see how BROTHERS shares move from 48 to 59cts now once it is traded CA..that will apply to BengKuang once cum sign or cum all sign is on..by then the counter would hve moved at least 10-20cts

 

idea: Why some cos say Splitting good... why  arh :?:[/quote]...When penny stocks like BBR or digiland where there are billions of share scripts it's better to consolidate the shares to increase its penny status possibly to trade >$1 after the consolidation just like JapanLand..at 11cts now $1.04..


Stocksplit is the reverse of consolidation...when the co's shares are illiquid..stocksplit will increase its marketability and normally after ex-all the share price closed above the theoretical price...the sum of its parts now is more than its whole...may attract institution's attention...eg BengKuang may increase from its current of ab 130mil to ab 390mil shares...notice BengKuang very few sellers,,expect the push will be easier as date of EGM or cum draws nearer...

 

 

quote="pigcanfly007"]I will be a very happy man :lol:  :lol:[/quote]


Juitian to cross >70cts need time ..recently after its ex-bonus and ex warrants it was pushed to 70-82cts against its theoretical ex price of ab 60cts( $3.02 /5)..after that it came down as new shares and warrants were credited to  CDP...

And applying this to BengKuang which has just be given in principle blessing by SGX on 5Nov..by he time major papers published its EGM date or when circulars are dispatched to shareholders don't expect to get at this price 87.5cts today.

Why safe? during Oct 19 sharp correction it dropped momentarily to 81cts and by end of day crept back to 86cts and on mon and tue 29 and 30 Oct...it broke out of its chart  92cts on nol >2mil unlike its daily average vol of ab 300-500lots...When dubai dry dock successfully acquired Labroy..most biz will be passed to BKM..Pan United was successful acquired by Dubai...and Pan United is also a customer of BKM like most major shipyards in S'pore.Dubai world Port successfully acquired P & O and has apllied for IPO in Dubai may provide synergy or even take over BKM in the near future..say at 90cts ex all price is ab 30cts but I expect it to trade>40cst..its recent pte placement price to institutions at 38cts..can consider if U can hold but definitely not for contra please

 

When will the share split likely to take place? Also, usually at which point will the price likely to go up? It has been hovering below 90 cents for quite awhile and when it goes above 90 cents it seems to be unsustainable.

 

Tom-morrow wrote: happyday wrote: By today all those who hve bought at high of 95cts last Mon and Tue 29 and 30 Oct would hve contra out...saw the offer price creeping up from 86 ..86.5..87..87.5( 1 seller only)..even at 90 cts after ex theoretical price is 30cts and most likley close >40cts as the usual norm.Can Anyone enlighten whether Dubai Dry Dock have to also take over the associate co(38% own by parent co Labroy) or must they seek exemption from SGX? How you know there were many Contraian??? Wouldn't it be the BBS are unloading??? ] If I were to be the major share holder... I would unload some and get my lovely cash!!! What is the different... if you buy now and the share is going to be splited into 3??? ..I've been doing a study on stocks and warrants/rights b4 proposal and after proposal..esp with such thinly traded counter like BKM as the EGM date draws nearer..price starts to creep up....and 1 week b4 it went ex all price will normally go up 10 to 30cts more as my above cited stocks have proven so probably co wanted to push higher so the ex price will not drop so fast...after ex 2 to 3 days the counter will go higher the theoretical price ..see Juitian..after ex shd be 55cts but it went up to 82 before adjusting back to ab 60cts now..in this volatile trading condition better to stick to counters with such proposal..even if it dropped the recover is very fast..using Juitian as an example again..during Aug 17 sharp correction it drop to $1.90 and when market improves a littlw..it shot to $3.00 wow within a week or so with the word cum next to the stock

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Posted: Tue Nov 06, 2007 9:55 am    Post subject: By today all those who hve bought at high of 95cts last Mon and Tue 29 and 30 Oct would hve contra out...saw the offer price creeping up from 86 ..86.5..87..87.5( 1 seller only)..even at 90 cts after ex theoretical price is 30cts and most likley close >40cts as the usual norm.Can Anyone enlighten whether Dubai Dry Dock have to also take over the associate co(38% own by parent co Labroy) or must they seek exemption from SGX?

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quote="darenTan"]I am very puzzled the euphoria about 3 for 1 stocksplit. Looking at its current price of 85 cents, it isn't too expensive for retail investors.[/quote]..see the stocks I hold for bonus/warrants/rights issue..all making $$$$


Bought 100 lot innovalue at $1.15-$1.18..after 1 for 1 bonus shot to $1.54..before exall the last price was $1.46..sold off for profit of $30,000

 

Bought 200 lots Thomson Medical at 50cts  for  its 10 for 1 bonus...before exall the price was 64cts for a profit of ab $28,000


Bought Singapura Finance for its bonus and rights issue ..also sold for ab $30,000 profit.

 

 Bought also Juitian for its bonus/warrants issue too..hve done a study so far unlikley to lose esp with such bonus/warrant issues


Bengkuang at say at current price 85cts and 3 for 1 stocksplit after exall theoretical price ab 28cts..unlikely U'll those..I've loaded 250 lots from 80 to 90c

 

http://www.bkmgroup.com.sg/intro.htm

 

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