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Hot Stock MyEG shares continue rally after bonus issue goes ex

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Hot Stock MyEG shares continue rally after bonus issue goes ex Empty Hot Stock MyEG shares continue rally after bonus issue goes ex

Post by Cals Thu 08 Jan 2015, 21:35

Hot Stock
MyEG shares continue rally after bonus issue goes ex

KUALA LUMPUR (Jan 8): MyEG Services Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) shares and its four different warrants rose in active trade in the morning session today, on recent news that it would work with the Immigration Department to compile and maintain database of foreign workers in the country.
MyEG shares continued its rally, rising by 31 sen or 13.19% to RM2.66 as at 2.41pm. Yesterday, the stock gained 10.1% to close at RM4.70.
This is another all-time high record by taking into account the share dilution due to its 1-for-1 bonus issue with an ex-date today.
MyEG’s four structured warrants – CB, CC, CA and CF also emerged as top gainers on Bursa Malaysia today. The four types of warrants rose by 29.85% to as high as 42.55% as at 2.41pm. 
According to news report, the government will require employers to register details of their foreign employees through MyEG’s Foreign Worker Permit Renewal (FWPR) services, starting this year.
Cals
Cals
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Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it I’️d have been right perhaps as often as seven out of ten times.”
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