SCC – Spyfrat Cute Cute

March 7, 2014 at 9:07 am Leave a comment

Earlier in my SMP FB Page post…

For the veterans u know the drill: We got a new baby. New investors cautious play po. cautious = tba (no date yet)

8:51 SCC (374.20) Subject of the Disclosure

Declaratin of Stock Dividends.
Background/Description of the Disclosure

We advise that at today’s meeting of the Board of Directors of Semirara Mining Corporation (the “Corporation” or “SCC”), the Board approved, subject to stockholders’ approval, the declaration of stock dividends amounting to ₱712,500,000, divided into 712,500,000 shares at the par value of ₱1.00 per share, or two (2) common shares for every one common share held, from the unrestricted retained earnings of the Corporation as of December 31, 2013, and to be issued from the increase in the authorized capital stock of the Corporation. No fractional shares shall be issued and the value of any fractional shares shall be paid to the stockholders in cash at the closing price of the Corporation’s shares as of the record date. The delegation to the President of the power to determine the record date and payment date for the stock dividends.

SEMIRARA MINING CORPORATION (“SCC”)

STOCK DIVIDEND:
==============

STOCK – 200%
RECORD DATE – TO BE ANNOUNCED

SCC Daily. Parabolic Daily and Weekly is about to enter. Thus a spike today may trigger a parabolic high risk. meaning it is in a status of extreme volatility. A metal as it can go higher in a zest and next thing you know, their genre of music shifted to pop.

SCC’s declaration of 200% stock dividend (to be announced) could trigger an impulsive buying. But as we have experienced, a tba announcement is good only for a short time of madness. Later it well mellow down only to be the subject of greater impulsive buying once dates are known. Play it well.

sccdaily062014

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Entry filed under: Phisix's Closet (PSEi). Tags: , , .

Reference Chart – MBT Reference Chart – PSEi update with time line and trendlines

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