红股、附加股、拆股的差别

Shared from http://www.leinvest.com/ch/differences-bonus-shares-additional-shares-stock-split.html#.Ur9kSvRDu4a

红股、附加股和拆股都是在股市里常见的事情。有些人觉得好像都差不多一样，有些人就非常喜欢红股但讨厌附加股。到底它们之间有什么不同呢？

假设公司A的Share Capital=RM1m，Retained Earning=RM1m，股票Par Value=RM1 ，目前股价RM10，。当公司进行红股1：1，附加股1：1，或拆股1：2时会造成什么影响?

意思

红股(Bonus Issues): 公司出钱买自己公司的股票，然后转送给股东。

附加股(Right Issues): 公司发出新的股票，给股东认购。

拆股(Share Split): 将一张票值(Par Value) 高的股票拆成多张票值小的股票。

目的

红股：公司想慰劳股东，可是不想花钱。

附加股：公司想向股东筹集资金。

拆股：增加股票流量，吸引散户。

账目上

红股：Retained Earning减少成RM0。Share Capital增加成RM2m。股价变成RM5。股票Par Value没变。

附加股：Retained Earning没变。Share Capital增加成RM2m。股价没变。股票Par Value没变。

拆股：Retained Earning没变。Share Capital没变。股价变成RM5。股票Par Value变RM0.50。

对公司直接影响

红股：没影响。

附加股：公司筹得新资金。

拆股：没影响。

对股东直接影响

红股：所拥有股票增加一倍，但是股价减少一半，对公司拥有权维持一样。

附加股：（认购）股东需要花钱，对公司拥有权维持一样。（不认购）对公司拥有权减少一半。

拆股：所拥有股票增加一倍，但是股价减少一半，对公司拥有权维持一样。

其他影响

红股：由于派发红股需要从Retained Earning扣，所以能派发红股的公司代表着之前赚了不少钱。

附加股：公司多了一笔免利息的资金，可以用在未来发展。也可能是公司向股东要钱还债。

拆股：股票总数变多，股价变便宜，可能会吸引更多散户的注意。

总结：清楚了红股、附加股和拆股后，就可以判断公司的意图和决定的对错，也可以更准确的预测股价的走势。

Surprised ANGPAU from BREM

BREM (62.2%)

BREM has been highlighted on 16 Dec and last on 29 Dec. Suprisingly, it shoot up so so much on the next two trading days. BREM has been suspended on Monday as it hit the limit up 30% after 45 cents gained. today, it was traded to RM2.21 and closed at RM2. The reason it shot up that much is because it was highlighted from NANYANG newspaper that it was undervalued.

KUALA LUMPUR (Dec 30): Brem Holding Bhd soared 17% to a 15-year high of RM1.77 after a bullish report by Nanyang Siang Pau regarding Brem’s net asset value.

"According to a report by Nanyang Siang Pau today, if the group’s revaluation of assets were to be taken into account, Brem’s net asset per share would be at RM8.32.

“The group’s net asset per share is worth RM8.32 but the stock price is at RM1.49, a discount of 82% of its asset value,” said the analytical report in Nanyang.

It argued that since the land owned by the group accounts for 95% of its assets, not only is there no possibility of devaluation, but it also means that there is a potential for its asset value to appreciate.

It added that the company has a high probability of issuing bonus shares, as it has reserves of RM311 million.

In addition, it said the company has “a strong management, good profit, steady financial management and attractive dividends.”

The report recommends investors to “boldly buy the stock to get rich.”

The group had declared and paid an interim dividend of 3% on 16 December 2013. "

It is 62.2% gain after highlighted! Great ANGPAU for you to prepare for chinese new years (for Chinese) and remember to take profit ya~ Don't let ur profit fly.. Remember : Earn less is better than lose~~

One more thing, no 100%  guarantee in stock market and not all stocks picked are earning money.
Please seek advice from your professional broker before you made any decision.

Happy Trading~

Ops, now us 11.39pm and I am here wishing u guys a prosperous and fruitful year ahead!
HAPPY NEW YEAR~

Stocks to Watch 30 Dec - 3 Jan

For stock lover which would like stay updated and keep in touch with other stock lovers in WECHAT group, kindly PM me your wechat ID. Strictly no sales in the group.

Below is purely on my personal opinion and please seek advice from your broker for investment decision.

1. BARAKAH

BARAKAH previously was highlighted before it breakout RM 1.42 and traders who were in position are having around 15% profit. BARAKAH currently rebound and the next level to watch is RM1.64 (8.8%).

2.BRAHIMS

This stock has been highlighted last week and it is still in my watch list. Watch closely and the next level would be the same at RM1.91.

3.DESTINI

DESTINI was rebound at the last trading day and volume seems coming back. Watch closely and the next level would be at RM0.48.  **High risk counter

4.FITTERS

FITTERS volume spiked up last trading day which would bring the price to higher level RM0.815 and RM0.91. 

5.MYEG

MYEG is going to breakout soon? Watch closely and once it breakout, the level to watch is RM2.99.

Patience needed for you to get profit on this counter.

Stop loss point = RM2.45

6.OSKVI

OSKVI volume surged on last trading day. Watch closely if it able to break RM0.57 before it move up to RM0.635.

7.BREM

BREM has been highlighted in here and went up 10%. Currently this counter still waiting volume to push it to higher price which we can look at RM1.71 as the next level.

Watch closely if it break RM1.52 then this might be a good entry opportunity.

Revision for Stocks to Watch 23 - 27 December

It was a good return for the stocks picked for last week.
Let's do some revision for last week.
1. LATITUD (69%)

LATITUD has been spiked up 69% since it was highlighted in 28 November(click here to refer the link). Awesome return from this particular stock. It also gave 14.8% after highlighted in last week Stocks to Watch. The next level to watch is RM2.57 (10.7%)
2.AIRASIA

Last week AIRASIA was mentioned to have a technical rebound and it rebounded for one day (3.6%).

However, personally I would not trade in airline counter as I was mentioned previously.  For long term wise, please stay aside until rebound can be seen from this stock.

3.BRAHIMS (7%)

BRAHIMS did a nice rebound from around RM1.71 level and went up 7% from the time I mentioned.

Next level to watch is RM1.91.

4.CYPARK (10.6%)

CYPARK rebound from the level RM2.36 that I mentioned last week. In last two trading days, it shoot up around 10.6% before it retraced at the last session on Friday. RM2.56 still a strong resistance for it but patience needed for this counter to give you angpau. Haha 

4.IOICORP

IOICORP also rebound at the last two trading days. Watch if it can break RM4.65 or it might retrace before it goes further north.

Stocks to Watch 23 - 27 December

LATITUD (Star Stock)

Fantastic surged (51.4%) after it has been highlighted on 28 November.
The next level to watch is RM2.57, however, price might go into pull back before another wave of bull run. Profit taking happened on last trading days. Traders might consider take partial profit if you are in profit position.
The next support level to watch is RM1.91.

AIRASIA

Downtrending stock. When it going to be landed like MAS? (Just kidding)

Inverted hammer formed and technical rebound likely to happen. Level to watch is RM2.34

However, if it failed to rebound, the next support level to watch is RM2.02

Watch closely and Fast In Fast Out~

*Personally I don't buy Airline Stock

BRAHIMS

BRAHIMS is on its retracement stage, yet it is supported by its previous resistance RM1.71. More uptrend can be expected if it doesn't break through 1.71
The next level to watch is RM1.91 (11%). Stop loss point would be around 1.63 (4%).

CYPARK

CYPARK break through 20MA and currently supported by its previous low (RM2.41). The next support level to watch is 2.36 and the resistance level is RM2.56.

Profit target RM2.56 (6%).

Stop loss point RM2.33 (3-4%)

HOHUP

 Pull back is taking place in HOHUP. However, we can see a repeating chat pattern happened everytime after it spiked up. Let's watch whether history repeats itself or not.

IOICORP

IOICORP price has been corrected after the corporate action. Currently it is supported by previous resistance RM4.60. The further breakdown will trigger stop loss point at RM4.45 (3.2%).

Current resistance is RM4.9 (6.5%)

WPRTS

WPRTS has been quite for some time after it was listed. Strong support level at RM2.53.

Investor who like this stock may consider to enter at this level. However, strong resistance also can be seen at RM2.57

Patience needed!

19 December _ Follow Up

Hi, Currently waiting for FED news to see whether tapering will be happening or not. Let's update my previous highlighted stock which gone up pretty much in these two weeks.

LATITUD (40.5%!)
http://sheng-equitiesmalaysia.blogspot.com/2013/11/28-november-2013.html
http://sheng-equitiesmalaysia.blogspot.com/2013/12/4-december.html
http://sheng-equitiesmalaysia.blogspot.com/2013/12/stock-to-watch-9-13-december.html

LATITUD spike up 40.5% in less than 3 weeks time since I have highlighted on 28 November.

Target price 2.12 almost reached and trader might watch closely or consider to take profit. 

 BRAHIMS
http://sheng-equitiesmalaysia.blogspot.com/2013/12/4-december.html

Price shoot up 8.2% before it retraced. More upside to come~

BREM

http://sheng-equitiesmalaysia.blogspot.com/2013/12/stocks-to-watch-16-20-december.html

BREM has been highlighted and currently gone up 8.4% and hit the target price. Traders might consider to take some profit and wait for the next run.

 PADINI
http://sheng-equitiesmalaysia.blogspot.com/2013/11/padini.html

Price has been gone up 7.8% before it retraced back to current level. 

AAX

Downtrend stock but in the next few days might be able to see some technical rebound which it may hit RM1.02.

Personally I don't trade downtrend stock~  Be careful and don't trade against trend. Take stock trend as your friend.


Sharing is Learning~
If you don't mind, just leave your contact number here (or PM me in fb: https://www.facebook.com/soh.w.sheng) and I will create a whatsapp group which can keep us updated on KLSE stock news. (I believe whatsapp is more effective than blog) !

Happy Trading~

Stocks to Watch 16 - 20 December

Below is purely on my personal opinion and please seek advice from your broker for investment decision.

Watch closely on FOMC meeting result.

CYPARK

CYPARK is on strong uptrending currently. Traders who to enter may wait for the price to retrace to 20MA since it always supported by 20MA.

Volume is diminishing and price may shoot up further north if volume coming back.

DESTINI

DESTINI reached its double bottom price target and currently formed a flag.
Profit target for this flag breakout is RM0.555.

BREM

BREM formed a pennant and the projected profit target is 1.53, Classical resistance after 1.53 is 1.71.

TAS

Uptrend is intact. Projected target from Fibonacci projection is RM1.46.

WCT

WCT is looking for support as the price is currently moving to the south. The next support would be RM2.10 and RM2.03.
Price may rebound when it touch the support. This might be a chance for bottom fishing for investor who like this counter.

Happy trading and trade cautiously!

Please take note this content is same as http://investmentschool.com.my/1720/klse-stock-to-watch-16-20-december/ since the author is the same~

Sharing is Learning.

Hi everyone,

I am still new to equities market (compared to those earning so much money), but I am here to share and we learn it together!

I believe the stocks that I share have benefited some people and if so, please support support and share to other! Appreciate it~~  **But confirm not all stock that I shared also can make money, nobody can do it and please make yourself clear on what type of risk taker you are before you step into the equities market.

Please feel free to comment here if u guys wan me to share some counter.

Bear in mind that no fundamental in the counters that I have mentioned as I am still learning in that. I would share whenever I am ready as I don't want to make people confusing unless I am clear on what I am doing.

So, please feel free to ask any counter you to know, I would share whatever I know. As if you spotted any counter, please comment and let all people benefited from it! Thanks ya~

You may subscribe to my blog if you would like to get update once I updated or spotted some good counters.

Happy Trading and Happy Earning!

Updated Stocks to Watch 9 - 13 December

BARAKAH

Previously was resisted by 1.42 and today breakout 1.42 with high volume.

More upside can be expected.
*Recently O&G stocks are on bull run but please trade cautiously.

Flag has been formed in IOICORP which the projected profit target is 6.35. Watch for breakout with high volume.

MKH rebounded from the recent low with high volume traded today. The next level to watch is 2.79.

YINSON is on strong uptrend currently. The next level to watch from Fibonacci is 6.63.

MYEG breakout from its resistance and the projected profit target is 2.95.

Stock to Watch 9 - 13 December

Trade cautiously since FOMC meeting is coming soon and market sentiment might cause retailer profit taking on next week.

GTRONIC

GTRONIC is a strong uptrending stock and currently resisted  by 3.17.

The trading volume also has been reduced recently. Traders may watch for the 3.17 level to be cleared before it can move further north.
This stock is well supported by 50MA. Currently the stock seems rebound from 50MA after some retracement recently.

PRLEXUS

PRLEXUS just broke its resistance on 1.23 with high volume and currently resisted by its historical resistance 1.28.
However, if the 1.28 level can be cleared, the next level to watch is 1.66.

MAGNI
MAGNI is on uptrend currently and trading at all time high. High volume appeared on last trading volume.
Fibonacci projection shows that the next level to watch 2.65.

LATITUD

LATITUD has been highlighted at http://sheng-equitiesmalaysia.blogspot.com/2013/11/28-november-2013.html .

1.80 level now has been cleared and next level to watch is 2.12.

However, price has been spiked up 35.5% since last week. Trader might watch for price retracement for entry opportunity.

如何投资IPO

IPO，或称首次公开募股，是指一家公司首次向社会公众公开招股的发行方式。在公司进行IPO之前，也可以由若干股东构成，但这时公司仍然保有“私有”的性质，公司的股东也主要是早期的少数几位投资者。在企业进行IPO时，公司的原始股东和早期投资者都可以藉此实现财富的迅速增长，因为IPO往往会伴随着股价的大幅攀升。不过现在只要参与打新股就必然盈利的时代已经一去不复返，IPO破发的情况也偶有出现，有些公司股票IPO上市后的表现并不尽如人意。因此在参与一家高科技公司的IPO投标前，最好先了解几件事。

承销协议

承销，是指投资银行在规定的期限内将发行人发行的证券销售出去，承销商按照约定收取一定的佣金或者约定的报酬的行为。当一家发行人通过证券市场筹集资金时，就要聘请投资银行来帮助它销售证券。根据投资银行在承销过程中承担的责任和风险的不同，承销又可分为代销和包销两种形式：

包销：此时投资银行会买入或承诺买入该公司的所有股票，然后销售给大众。此时，投资银行可以通过买卖之间的价差盈利。

代销：投资银行只作为发行公司的证券销售代理人，按照规定的发行条件尽力推销证券，发行结束后未售出的证券退还给发行人，承销商不承担任何责任。
二者之间的区别看起来更像技术性的差异，但普通投资者可以从中判断出一家公司股票后续的升值潜力。在第一套方案中，投资银行的获利空间最大，但承担的风险也更高。但如果投行选择第二套方案，那很可能是由于它担心自己无法按照指定的价格把所有的股票全部卖出去，投资银行的迟疑也暗示了该股票未来的走势可能一般。

《招股说明书》

在准备IPO期间，公司必须首先向证监会提交《招股说明书》，其中会包含公司最关键的一些信息。举个例子，在《招股说明书》正文的第九部分，你可以看到公司的《承销协议书》，看看投资银行最终采取了哪种承销方式。此外，这份文件中包含的财务报表也非常重要。此外，你还可以看到公司的盈利与亏损情况，还有关于公司的主要市场、客户和管理团队等的各类信息。总之，我们可以从公司的招股说明书中找到很多重要的信息，这些对于我们判断这家即将IPO公司的价值至关重要。

暴涨与暴跌

对于即将进行IPO的公司而言，它们会成为各个媒体追逐的重点，时不时出现在各大媒体的头条，从而为自己争夺更多的潜在投资者。这通常会导致股价的泡沫化，即在公司股票上市的几天内，股价将暴涨。此时，股价往往会快速超过最初的发行价，但当这一阵投资热情过去，它又可能跌破发行价。因此，那些精明的投资者会在股票IPO后的几天内密切关注股票的走势，并会很快将其出手。因此当某股票出现大量的套现行为时，也就是股价将要大幅跌落的前兆。虽然你的抛售行为完全合法，同时也许是最英明的投资策略，不过后续股价的下跌也许没有你想象得那么惨烈。如果这是家基本面良好的公司，且有周全的商业计划，那这就会是一项值得长期持有的投资，在度过初期的疯狂之后，它也会沿袭正常股票的上升步伐。

股价平稳后的投资策略

此外，要想避免IPO之后股价的疯狂波动，同时又能从IPO中获利，也许我们可以等新股发行的几天或者几周后再行投资。这也是长期投资者的最佳投资方式。此时他们避开了股价过山车般的涨跌，并在股价暴跌后进场，以期待它可以在未来沿着更稳定的趋势逐步上升。这一策略的优势在于也许投资者可以用比股票发行价更低的价格买入这只股票。

定价过高的股票

有时，公司的创始人希望通过IPO来对自己的投资套现，他们会希望能趁着IPO后最近几天股价的高涨套现，以期获得最大的利润。由于股价往往会快速回落，公司的早期投资者们就难免“损失”一部分利润，因此股价可能需要一段时间，甚至永远都无法再次达到IPO后创下的新高。要找出定价过高的股票，投资者就要查明公司创始人在IPO之后的打算如何。如果公司的大股东和主管打算留任，这也许说明了公司内部的团结和稳定。但如果他们之后计划离开公司，那这也许就暗示了股票的定价可能过高。

小结

因此如果投资者希望通过IPO盈利，就一定要认真研究公司财务报表及《招股说明书》。如果你觉得对公司财务及运营状况做出判断的难度过高，或者自己读不懂《招股说明书》中的各项信息，也可以考虑借助经纪人或是私人理财专家的帮助。

4 December

Sorry as I was quite busy recently and not able to update the blog.
The market sentiment cause the market to be pretty boring these few days. The KLCI index went up was just because of TENAGA alone. Congratulation to those who able to catch TENAGA before it shoot up to RM12.6

SUPERMX

SUPERMX is forming ascending triangle and the target profit is 3.14. But the strong resistance on 2.80 must be broken in order to move higher. Announcement made by SUPERMX to expand their factory will hugely increase their production yearly. SUPERMX can be hold for longer term.

INSAS

Uptrend is intact but profit taking is taking place. Trader might need patience for it to go up to psychological level RM1.00.

BRAHIMS

Bolinger Band breakout with high volume. The next level to watch is 1.78 and subsequently is 1.87.
PATIENCE needed! Trader might watch for retracement for any enter opportunity.

LATITUD

Follow up from 28 Nov: http://sheng-equitiesmalaysia.blogspot.com/2013/11/28-november-2013.html

11.9% since it has been highlighted on 28 November, RM1.68 has cleared and the next levels to watch are RM1.80 and RM2.12.