So the global financial media has focused on Apple’s recent 7-1 stock split, and the impact that has/will have on the share price, now here in little Thailand we have the same phenomenon with the latest stock splits coming from MBK and BGH.
- Announced 7 March 2014 that in the AGM the board wanted to approve a stock split –
- Return + 6% (excl div) from announcement til today.
- Announced 14th March that the board would like to have a stock split approved @ the agm
- Return : Also +6% (excl dividends) from announcement til today
Now how do we know about this? If you’re thinking insider trading then please just slap yourself on the head…all one has to do is follow company announcements – its all public information.