Wednesday, January 6, 2010

HOT pick stock, MAGNA (7617)






Pls click on picture to enlarge the annoucement or visit http://www.magnaprima.com.my/link/investor.html.

Company Name : MAGNA PRIMA BERHAD  
Stock Name : MAGNA
Date Announced : 04/01/2010

EX-date : 15/01/2010

Entitlement date : 19/01/2010
Entitlement time : 05:00:00 PM
Entitlement subject : Others
Entitlement description : SHARE SPLIT EXERCISE INVOLVING THE SUBDIVISION OF EVERY ONE (1) ORDINARY SHARE OF RM1.00 EACH IN MAGNA PRIMA BERHAD (“MPB”) TO BE DIVIDED INTO FOUR (4) NEW ORDINARY SHARES OF RM0.25 EACH IN MPB ("SUBDIVIDED SHARES")("SHARE SPLIT")

Comment:

On 4 Jan 2009, MAGNA announced share split news,

5 Jan 2009 already wake up those share split fans to buy, finally it close with 4.6% gain!!!

Today, 06 Jan 2009, 2nd days after share split news, how is this counter perform??? Close with 8.8% gain !!!

I m suspecting this counter will break RM4.00 by this few days.

Predict it will close at RM4.30 or ABOVE on 14 Jan 2009.

Pls consult your broker opinion b4 invest, buy at your own risk!!!

Thank you.


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