guru267 wrote:I'm just interested in this one... Whenever there is a huge bond issue with a great coupon rate investors tend blame a fall in stocks on the removal of cash for the issue...
Could this be the case with the KPLC rights issue? with the company offering 8.795 billion worth of shares with at least a 50% return packed in them I'm pretty sure investors would dump their non performing shares to get a piece of the pie and hence causing the index to fall...
consider too..
http://www.businessdaily...8/-/angqmj/-/index.html
..if TATU is anything to go by..it is not off the mark to think a greater proportion of institutional investors are increasingly finding coziness in going
real estate as well as
bond trading..learning from likes of DTK n Stanchart
..Moral of the story.. less uncertainty..even lesser political effects..(
people still have to live in houses and Government still has to raise cash from debt..and by law MUST PAY) ...better prediction of outcome at end of year..less noisy shareholders..justified pay/salary hikes.
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version