Got untung la
Today share market performing well

Any opinion on this news? ????

http://www.theedgemarkets.com/article/olympia-sells-70-stake-travel-and-tours-agency-rm26m

In a filing with Bursa Malaysia today, Olympia said its wholly-owned unit Olympia Ventures Sdn Bhd (OVSB) has inked a sale and purchase agreement with Global Mobility Investments Ltd, which is engaged in travel-related business, for the proposed disposal.

Olympia, a lottery operator which also runs number forecast pools, said it stands to gain about RM2.78 million from the proposed disposal, which is to streamline its operations by disposing of non-core assets and to realise its investment in OTTS.

“The net proceeds from the proposed disposal are expected to be utilised as working capital for the group,” it said.

The proposed disposal is also expected to reduce the group's gearing to 44%, from 44.3%, and raise its earnings per share to 0.5 sen, from 0.2 sen as at Dec 31, 2016.

Olympia expects the disposal to be completed by Jan 1, next year. Its shares closed unchanged at 13.5 sen today, for a market capitalisation of RM138.16 million. Year to date, the stock has gained about 80%.

KUALA LUMPUR (Oct 4): Olympia Industries Bhd is selling its 70% stake in travel and tours agency Olympia Travels

Drop drop drop ??????? Should buy ? Sell? Hold?

Proposal disposal deal confirm!

Today rising leh, it's a good day!

How's the cimb deal going?

Pumping and dumping starting again?

I really wish that there would be more market outlook in regards to this topic. What will happen to Malaysia market after this? So far that I have read in the news, it seems that with DFTZ, huge foreign funds may possibly flow into Malaysia. Until recently I was afraid of the arrival of financial crisis, but would this change things for the Malaysia market ?

Here here - so funny

By the sun online

Tidal wave' at M'sian exchange, foreigners buy RM1.67bil last week

The penny stocks that have seen renewed buying interest recently include PUC Founder (MSC) Bhd, Dataprep Holdings Bhd and Olympia Industries Bhd.


No wonder the market doing soo well la lately

Saw the news, expected that Olympia will rise again today.

Kenanga is confident with this share!

Today going up up again, bone say targeted at rm 1 !