(MSWG will hold an investor forum titled TA Global’s ‘PRIVATISATION’: Implication to Minority Shareholders” on Thursday, 27 February 2020 at MSWG Training Room, 11th Floor, Bangunan KWSP, No. 3, Changkat Raja Chulan
Off Jalan Raja Chulan, 50200 Kuala Lumpur.
14.02.2020
Eratta to the article dated 7.02.2020- The costly price of ignorance
Reference is made to the article titled ‘The costly price of ignorance’ which was published in our Newsletter on 7 February 2020.
The following sentence shall be amended and corrected by this Errata, as highlighted in italics and underlined below:
07.02.2020
The costly price of ignorance
In the world of stock investing, ignorance can sometimes be a bliss, at other times, a ‘big-time’ bane.
Imagine all the huffing and puffing to chase a stock without allowing common sense to prevail first. Is there any business logic behind a spike in the price of the stock? Or is it merely a speculative drive by some market manipulators?
This is presumably what happened to investors of oil & gas support services provider Icon Offshore Bhd which recently undertook a share consolidation exercise.