Coming

Prinsiptek stock price recently surge from lowest 0.095 to highest 0.205, more than 100% growth, we believe somethings must be ongoing on this stock, but we not sure what is the real reason behind it?

Some said, Prinsiptek own 100 acres land in Klang Valley (we not sure where the source from), and from 2015 Annual Report, we can see, only 406,197 square feet, which is about 9.3 acre in Gombak, Selangor, and some land own by company, in Thailand, Ayuthaya Province. Ayuthaya Province is about 60km away from Bangkok



Lets check others facts, yes, earnings very important, but don't forget about debt, and lets see, what is the company debt situation?



CL, NCL, SB, LB short form for Current Liabilities, Non Current, Short term Bank Borrowing and Long Term Bank Borrowing, and we can see, improving toal CL and NCL since 2013, but SB and LB, still remain the same, although earning slightly improving. and one of the reason, 2013 total borrowing went down, due to rights issue with warrants. Furthermore, if you study past 3 years Prinsiptek account, it show negative cashflow, which is not a healthy sign, if situation remains for next coming years.

One very interesting fact, Prinsiptek Wa show only 12.5% premium, if ordinary shares price surge, and warrant price maintain, it will create abritrage situation which happen several time in Bursa Malaysia, it do attract retailers convert the warrant, and company will get extra capital raise, and it will help company to provide more cash in hand, but will it happen it future? We shall see what will happen next. From technical price chart wise, if price break out 0.21, we shall see, resistance at 0.23 and 0.25 and 0.27.

We know, recent Bursa Market enter a small bull stage, many penny stock price move and market volume increasing and maintain at 3-4 billion daily, and for Prinsiptek at this moment, fundamental still have room of improvement and we shall trade by following trading plan that protect your capital and at the same time, increasing chance of winning.

the shark always employ the same tactic to trap small fish.

Luster every time 1days show only.hahaha

fortunately sold out today...wait drop 1cent buy back

LUSTER AGM at 22/6/2015, Location: Park Avenue Hotel, E-1, Jalan Indah Dua, Taman Sejati Indah, 08000Sungai Petani, Kedah Darul Aman.

Following questions we should ask management about the investment and capital expenditure in Year 2014:

1. PLSP New Shares amounting RM7,200,000(LPE RM5.16mil ; WINCO RM2.04mil) represent 60% of total issue paid up for PLSP. When the project "Project Perumahan Mampu Milik 1 Malaysia" in Daerah Baling and Daerah Sik awarded from KPHPB could start?

2. Acquisition remaining 40.87% equity interest in Exzone Plastic Manufacturers S/B for a total purchase cost RM3,000,000. Exzone Plastic PAT and NA under FYE 31 December 2013 was RM5.92mil and RM26.57 respectively. How is the performance revenue and PAT under FYE 2014 and prospect for FYE 2015 under it fully-owned subsidiary company Exzone Plastic Manufacturers S/B.

3. Lin Power Resources S/B and Venturian Minerals S/B establish a JVC in tin mining activity profit sharing 60% and 40% respectively. Lin Power Resources S/B a wholly-owned subsidiary by Luster Plastic S/B total invested RM5,500,000. Tin commodity price was slumped to USD 15,900/tonne compared to the group expectation USD22,000/tonne last year when ventured into mining business. Thus, the tin ore land lease period will be end on 6 May 2016, any action taken to extend the lease period and how is the prospect for this mining division and earning for the group.

That day Mr.Lim not finish yet,today unveil part 2. 1.“In the next few weeks, we would be evaluating a few gaming and entertainment groups based in the region, to form a strategic partnership. Once finalised, we will announce the new partnership and our group’s expansion plans into various gaming aspects,” he said (we should concern sportstoto or Genting in consideration?). 2.“There is a profit guarantee which the vendor gives to Luster for the purchase, which is an aggregate of US$3 million over a period of three years, of which US$500,000 is for the financial year ending Dec 31, 2015 (FY15), US$1 million for FY16, and US$1.5 million for FY17,”(gaming division will generate Net EPS FY2015 0.1cent/share,FY2016 0.22cents/share,FY2017 0.33cents/share). said Liang. 3.currently about five players in the Cambodian gaming industry with SIMILAR licences. (means that Luster will become one of the fifth largest gaming company in Cambodia. )

http://www.theedgemarkets.com/my/article/luster-eyes-lottery-outlet-expansion-phnom-penh-first-year?type=Markets

shark target RM0.13 only, dont be trapped

'We intend to not only operate casinos, but to run an integrated resort like Genting Group, which consists of hotel and shopping components. This will be very exciting and thus, the location of the land is very important to us,” Liang added.

Deputy director Liang revealed that PCLCL not only owns the licence to operate lottery business, but also casino and online casino.

http://www.theedgemarkets.com/my/article/luster-venture-cambodian-gaming-business?type=Markets

nothing happen?