June 17, 2012

Berjaya Foods-Good Cooking?


News must be around the corner. Also, this must be one cornered stock. So the share goes up on small volume. Let's take today. Berjaya Foods went up 7 sen-more than 5%.

As the rights issue is pegged at 4 shares for every 5 held at 65 sen per share. That means that theoretically for 800 shares you will stand to gain 48 sen. Another bonanza if the matadors and Greek Gods and Titans don't give us any trouble from the Eurozone.

Good cooking so far.