Stock code: 5025 NWP
22 December, Tuesday
I was surprised that my last post was amongst the top articles on i3 albeit for a day.
Since the start of Covid, glove stocks have been the most discussed and debated amongst all including on i3. Most top articles on most days are on glove counters and a musical chair rotation of postings by seasoned veterans, bloggers, and buy/sell calls by investment banks.
Thank you to all readers. It is an indicator that there is growing interests on NWP’s new developments especially on the potentially explosive partnership with a (super) well-known partner.
WINDS OF CHANGE
23 Sep : Datuk Chu Boon Tiong appointed ED
11 Dec : Datuk Seri Nelson reinstated as Group CEO
12 Dec : Media briefing – outlined NWP’s new biz in property and automotive with "well-known partner"
16 Dec : MOU with Hoong Li Development to appoint NWP for project management
17 Dec : EGM concluded with all motions passed. Fund-raising for new business approved
18 Dec : Start of negotiations with EZ ONE BIKER for acquisition for automotive business
It has been a busy month for NWP indeed.
As the above developments took place, astute observers have noticed that there have been numerous large transactions of NWP’s shares being concluded both off-market and in the open market.
Are we about to find out the identity of the NEW STRATEGIC OWNER?
COLORS OF THE WIND
Since end of last week, markets have been spooked by the new mutated coronavirus strain that got UK cut off from the world. But life goes on.
The NWP team is hard at work, round the clock, on the ground, finalizing the commercial agreement for the new business with the new partner. Enough clues have been laid for our eyes; winds have been blown and felt by many.
We are about to find out the color of the final blow of wind that would transform NWP from a loss-making timber company into a NEW-AGE AUTOMOTIVE PARTNER of the FASTEST-GROWING UNICORN in the region.
So what would be the color of the next wind? I think i kinda like the color GREEN :)
Thank you.
Best regards,
Alpha7 Research
