Followers
1
Following
0
Blog Posts
0
Threads
2,030
Blogs
Threads
Portfolio
Follower
Following
2021-04-28 09:46 | Report Abuse
64% profit on the high of 0.395 and a closing of 0.24, isn't too bad. gives you a chance for another round before the 4th.
2021-04-28 09:21 | Report Abuse
Still cheap 0.30 is the old 0.03 before consolidation, way below what it was suppose to be. They force the price down before consolidation.
2021-04-28 09:17 | Report Abuse
Keep coming, we are waiting !
2021-04-28 08:02 | Report Abuse
If they want a good rights take up so as to generate a decent amount of injected capital they will have to push the price to at least 0.80 so investor will be enticed to take up the rights.
2021-04-28 07:30 | Report Abuse
With the influx of shares available after the RI, it is my believe that the price will be below 0.10. Don't take any notice (unless you are taking profit now hoping to buy back later at a cheaper price) of what they are manipulating before the RI. If it reaches 0.50 before the RI, do you sell or take the right. We were all thinking it will be 0.50 after consolidation, NOT below 0.20 !
2021-04-27 09:54 | Report Abuse
Should move to any of the gloves counter. Would have been in front all in one week with a potential to grow in the future. Another thing, gloves are consumables (supposedly single use disposable ), while a test kit is a measuring equipment that can be reused.Tell me, which one will have a higher turnover. DYOA.
2021-04-24 06:14 | Report Abuse
Quote from KYY :
"Never buy any stock that has no good profit growth. Never buy any stock if it cannot report increased profit in the next few quarters."
I will leave it to you to make your own judgement. If the advice is no good throw it out , if it is good keep it.
2021-04-23 10:06 | Report Abuse
Back on 5 Feb in an announcement ( refer 9.2 risk ) the company admit their business is mobile value added services. They admit that the group does not have any prior experiences in healthcare business. I am bringing this point up because, I personally cannot logically justify making a reasonble investment decision to add more money into this company, whether it is going to be $6,000, $60,000 or $600,000. My reason is it will be a lot more profitable putting that sort of money with anyone of the glove counters, if that is just loose change in your pocket like Tengku Adnan. Just as an example even Mah Sing would be better proposition. Mah Sing is new in glove but at least they already got future orders. Mtouche has got nothing just hopeful fishing. Prove me wrong !
2021-04-22 06:21 | Report Abuse
Based on 0.18 your average cost in now (1,800 + 6,000) / 70,000 = 0.111. Do make your own analysis. You haven't got much time.
2021-04-22 06:03 | Report Abuse
If you have 10,000 shares now and you decide to take up the rights, it will mean you will be holding 60,000 rights taken up plus your 10,000 shares. your total no of shares is now 70,000. Your investment quantity of shares in this company has now increase 6 times, irrespective of what the final value of the price or your monetary investment. Big ask for a company making losses and not going anywhere except the rights are at a 44% discount based on today's price of 0.18. Is the 44% discount big enough for you make a quick profit, bearing in mind you are heavily invested in this company after the rights.
2021-04-20 23:16 | Report Abuse
So it has been decided that for every share you can take up 6 rights @ 0.10. Ex date 4/5/2021.
2021-04-20 19:47 | Report Abuse
Another killing day on Ucrest !
2021-04-20 15:57 | Report Abuse
Round 2 coming up. Sell at 0.20+, buy back latter at 0.15. take your 25% profit first.
2021-04-20 15:35 | Report Abuse
No free warrants unless you cough up more money for the rights first. Will be cheap maybe 0.05.
2021-04-20 15:29 | Report Abuse
You got to hold the mother shares if you want the rights and warrants. Sure you can sell now but you have to pick it up again before the cut off date.
2021-04-20 15:19 | Report Abuse
If 12million + is the consolidated turnover at the moment, it means the unconsolidated turnover is 120million +. This is a very high turnover for this stock.
2021-04-20 14:25 | Report Abuse
Kaching : It is 5,000 instead of 50,000 but the price has also changed from 0.02 to 0.20 before it start dropping. Your investment hasn't disappear.
2021-04-20 11:58 | Report Abuse
If you are selling at 20,000 at 0.02 it is $400.00 At 2,000 it is at a price of 0.20 which is also $400.00. Same, same but different, taken the consolidation into account.
2021-04-20 11:18 | Report Abuse
25% wipe out already from 0.20. If you think it is going to hit 0.10 you can sell now and pick it up later at 0.10 making a decent profit even in this loser.
2021-04-19 23:13 | Report Abuse
Yes, freddiehero. There will be a lot more shares after the RI. Am pretty sure some of these will be off loaded. Don't need to chase the RI, might be even cheaper than the RI.
2021-04-19 16:55 | Report Abuse
The whole world is evolving. In 6 months we could make a lot of money or lose a lot of money especially in the investment world. Nothing stay still. We can't wait for these lazy administrators to sit on their backsides. Typical Malaysian work ethics,slow, slow no big hurry.
2021-04-19 16:38 | Report Abuse
So we should sell at anything slightly over 0.20 after consolidation and hope to buy back @ 0.10. ? It will be a while before they work out on the RI, likely to be heavily discounted from 0.20.
2021-04-19 15:27 | Report Abuse
6 months is a long time in this Covid-19 crisis. An election could be called in 6 months! With the current Govt inaction except for more Emergency actions without results, I don't think they have the answer. Why 6 months? It's either takeover or off load the remaining 25% . Don't need a genius to figure this out, the direction from Bursa can be issued within one week.
2021-04-19 15:03 | Report Abuse
This is it. 0.20 after consolidation. Can't see how it is going to attract investors to the RI at that price. Ticket for an opportunity to loose more money in the future instead of making more money.
2021-04-19 14:11 | Report Abuse
So is Bursa going to let the market know what they are doing about the 25% threshold.
2021-04-19 11:38 | Report Abuse
Make a killing on Ucrest !
2021-04-16 05:55 | Report Abuse
Keeps dropping because we don't have Mr Datasonic CBB there any more to support the price when needed. Need to find a replacement Director who has got a deep pocket to continue with the legacy left by CBB.
2021-04-14 08:35 | Report Abuse
freddiehero : I presume you are going to stay all the way past RI? Just like to know your take on this, since you have been here for awhile. I do my own analysis but I also do value your opinion. Thanks.
2021-04-13 11:19 | Report Abuse
You need 80 Million + turnover to get it below 0.02. The only guys who got that no of shares are the institutions or the sharks. They are the only ones who can decide if it is possible to make a decent profit after consolidation on the RI..
2021-04-13 09:05 | Report Abuse
It's a good start. 5 more working days to get it down to 0.001. Possible.
2021-04-12 15:56 | Report Abuse
Might as well come all the way down to 0.001 before consolidation so we can all afford to take up the rights issue at 0.01. JOKERS & CROOKS !
2021-04-11 14:14 | Report Abuse
RM733m sum claimed by AwanTec unit against govt not unreasonable, lawyer argues.
https://www.theedgemarkets.com/article/rm733m-sum-claimed-awantec-unit-against-govt-not-unreasonable-lawyer-argues
2021-04-09 10:23 | Report Abuse
11 days to Ex- Consolidation. Let's see what they are going to pull out of their hat in the next couple of trading days.
2021-04-09 10:20 | Report Abuse
Why is it going backwards ? The news wasn't that bad.
2021-04-09 09:19 | Report Abuse
Watch out. Starting to move further downwards.
2021-04-09 08:42 | Report Abuse
KUB sells loss-making plantation unit to Syed Mokhtar’s Tradewinds Plantation.
https://www.theedgemarkets.com/article/kub-sells-lossmaking-plantation-unit-syed-mokhtars-tradewinds-plantation
2021-04-08 08:00 | Report Abuse
If there is negotiation with Sabah & Pahang for the remaining 5 %, then there should be another round of mandatory takeover offer with this new negotiated price. They are suppose to have off-loaded the excess over 25% after the failure not keep buying. What is Bursa doing?
2021-04-07 10:00 | Report Abuse
Plantation shares rise on bargain hunting as investors weigh oil palm ban by Sri Lanka.
https://www.theedgemarkets.com/article/plantation-shares-rise-bargain-hunting
Obviously bypassing FGV.
2021-04-07 06:00 | Report Abuse
2nd qtr report out. Not getting anywhere.
2021-04-03 14:03 | Report Abuse
You all know you have to put up 6 times more than what you have invested in this company, to get the 6 RI plus you will get 3 free warrants for every rights. if you have 500,000 shares now, it will be 50,000 x 6 = 300,000 rights to take up @ the new price of say 0.30 if the shares are 0.03 before consolidation. That is a cost of 300,000 x 0.30 = $90,000. Your original investment in this company was 500,000 x 0.03 =15,000 ( based on the price before consolidation.) Question is the opportunity cost. Does the benefit outweighs the initial extra outlay. Can you get a better return than chasing this exercise here or do you park your extra outlay somewhere else. Do your own analysis.
2021-04-03 09:41 | Report Abuse
Soon-to-be glovemaker Sanichi closes down 19% as shares trade ex in 10-to-1 consolidation.
https://www.theedgemarkets.com/article/sanichi-closes-down-19-shares-trade-ex-10to1-consolidation.
Is this sort of scenario going to happen here? Good reading.
2021-04-02 20:53 | Report Abuse
All four resolutions were passed even with lesser shareholders because they hold more shares than those shareholders voting against. Now we just have to wait & see how they manipulate the market before we have to commit more money to get the rights. Don't forget this RI is 10x more of the pre-consolidation price. Instead of 0.03 cents it will now cost us 0.30 per share. If they don't get the $ from the RI or the profit from the ESOS, they will come back again for another bite 6 months later like they all do.
2021-04-01 12:19 | Report Abuse
It will always give the PP a huge discount to entice them & possibly a price hike after to enable them to make more profits after the issue. It's a part & parcel of the stock market.
2021-04-01 09:09 | Report Abuse
Can't make enough money in the business they are already in. The easy way to make money, is using Covid-19 crisis as an opportunity to raise more money. Easy way to con shareholders.
2021-03-31 16:03 | Report Abuse
Private placement, does it matter? Not for us will only increase the price once done, so they can take profit.
2021-03-31 13:33 | Report Abuse
Make sure you get your vote in. Yes OR No. Don't complain about it later on. Meeting is on this Friday at 11.00 am at Tropicana Golf and Country Resort, Petaling Jaya, Selangor. My advice is don't think of the warrant as "FREE WARRANT- DIng, Ding, Ding - GOOD". Don't forget you have to commit more money for the rights issue. Is it worth it ? Only you can answer that question.
2021-03-30 20:13 | Report Abuse
Guys, CBB was the backbone of Datasonic. He is what makes Datasonic. Mr Datasonic ! Entering a new era for Datasonic without CBB. Never thought we have to get here so early.
2021-03-30 09:41 | Report Abuse
FGV appoints ex-Felda DG as its new chairman effective April 1.
https://www.theedgemarkets.com/article/fgv-appoints-exfelda-dg-its-new-chairman-effective-april-1
Stock: [MTOUCHE]: MTOUCHE TECHNOLOGY BHD
2021-04-28 10:49 | Report Abuse
After lunch show again?