The present quoted price of the shares is currently at RM3.50. Based on the securities analyst...
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The present quoted price of the shares is currently at RM3.50. Based on the securities analyst opinion, the price is expected to be about 20% of the present price for at least the next 1 year. The Head of Investment unit asked the management and the Shari'ah supervisory board of the bank. Should they dispose the shares immediately or wait until the price reach RM1.50 to avoid significant impairment loss? The present quoted price of the shares is currently at RM3.50. Based on the securities analyst opinion, the price is expected to be about 20% of the present price for at least the next 1 year. The Head of Investment unit asked the management and the Shari'ah supervisory board of the bank. Should they dispose the shares immediately or wait until the price reach RM1.50 to avoid significant impairment loss?
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Answer rating: 100% (QA)
The management and the Shariah supervisory board should consider a few key factors before making a decision on whether to dispose the shares immediately or wait until the price reaches RM150 Firstly t... View the full answer
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0133138443
7th Canadian Edition
Authors: Srikant M. Datar, Madhav V. Rajan, Charles T. Horngren, Louis Beaubien, Chris Graham
Posted Date:
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