BJF-The Final 7 hours of Trading

Roasters and Merriment

Less than 19% free-float. No wonder the counter is hardly traded.

So, once the counter goes ex-rights on 12 July; and subsequently when the new rights are listed and the warrants converted as well, we should see  more vibrant trading of BJF shares. Until then, it will be as silent as a ghost town.

Currently, we do not know when the new rights will be listed.

Also there is no news about the free warrants and for what period is the conversion allowed. Then what is the conversion rate? Is it still 70 sen as they reported to Bursa KL in August last year?

As the seven final trading hours starts at 9 am,perhaps we can see some action.

Will this last day be a buyers or sellers day?

Jolly Muffins

If bulls go hyper Pamploma style on this counter, expect tossed up prices, matadors and all.

On the other hand, if that grizzly comes back early after salmon trout fishing, prices may be pawed down with  pasar malam sale to cool down everyone's siok sendiri.

Pray for blessings from heaven, my hopeful friends......