A share consolidation is action taken by a publicly traded company in which a company converts several “old” shares into one “new” share. Companies will do this in order to bring their share price back up to more respectable levels—or levels required by stock exchanges.
A share consolidation is also known as a reverse split. It’s what usually happens to penny mining companies that have spent all their money without finding any valuable mineral deposits. If the value of a stock collapses to pennies a share, investors may think it is headed for zero.
In most cases, after a stock consolidation, stock prices often fall back down again. Some investors sell because the stock seems more expensive than it was, even though a given holding represents the same percentage ownership of the company. Others sell because they fear the company will raise money by selling new shares, and this will drive down its stock price.
A company share consolidation is something all investors should know. If you’d like to increase your long term profits, we recommend our three-part Successful Investor strategy as the smartest approach for value investors:
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With share splits, a company is simply cutting itself up into a number of pieces, without changing its fundamental value. It wants its stock to trade in a price-per-share range that seems reasonable to investors. This can affect stock market trading in more ways than… Read More
Stock market volatility tends to have a larger impact on aggressive investments. However, we continue to believe that most investors can benefit from holding a portion of their well-diversified portfolios in these higher-risk stocks.
Even so, as a way of cutting your risk, we prefer higher-risk… Read More
Why do stocks split? Companies will often split shares—and, so, prices—to make purchasing the stock cheaper for investors. However, it’s also important to note that a stock that splits is not necessarily a great investment, even if it’s now cheaper.
Why do stocks split? When a.. Read More
The telecommunications cabling company has seen profit double and its share price climb on strong revenue.
DISTINCT INFRASTRUCTURE GROUP (symbol DUG on the TSX Venture Exchange; www.diginc.ca) provides design, engineering, construction and maintenance services to the telecommunications, infrastructure and utilities industries. It operates in Ontario, Alberta… Read More
Carmanah Technologies Corp experienced double-digit revenue growth for the last fiscal year. Earnings for the solar and LED lighting company also stood at a five-year high. But sector competition demanded high research spending—despite uncertainty about government subsidies.
CARMANAH TECHNOLOGIES CORP. (symbol… Read More
A: Carmanah Technologies Corp., $4.72, symbol CMH on Toronto (Shares outstanding: 24.6 million; Market cap: $116.2 million; www.carmanah.com), sells solar-powered LED lighting as well as other solar-powered systems. The company contracts out most of its manufacturing.
Carmanah’s light beacons are used for marine navigation and on… Read More
Share splits may make a stock more attractive to many investors, but it takes more than that to make it a buy.
Share splits are when a company simply cuts itself up into a different number of pieces, without changing its fundamental value. It simply wants… Read More
Every Wednesday, we publish our “Investor Toolkit” series on TSI Network. Whether you’re a beginning or experienced investor, these weekly updates are designed to give you investment advice, including specific stock investing tips. Each Investor Toolkit update gives you a fundamental piece of investing strategy,… Read More
Enablence Technologies, $0.15, symbol ENA on Toronto (Shares outstanding: 33.4 million; Market cap: $5.0 million; www.enablence.com), designs and makes optical components that help deliver voice, video and data services to homes and businesses with fibre optic connections. The company is based in Ottawa.
In the… Read More
When a company splits its shares, it is simply cutting itself up into a different number of pieces without changing its fundamental value. It simply wants its stock to trade in a price-per-share range that seems reasonable to investors.
Mechanics of a split: If a stock’s… Read More
Learn everything you need to know in 'The Canadian Guide on How to Invest in Stocks Successfully' FREE Special Report from The Successful Investor.
How to Invest In Stocks Guide: Find 10 factors that make your investments safer and stronger.
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