Director keep buying because is cheap? big potential for new contract coming
soon i guess...

Private placement exercise is for its MOPU project, building the MOPU i
think they said need more than RM400m, the project will generate RM1 bil
over 10 years. I think the margin and return is good. They are raising 20%
(RM40-50m) only, and the rest will be financed by bank. I think is a good
project.

I still have faith in T7.

relax guys, market a little weak... If you bought too much at peak then cannot relax..haha

If got holding power, T7 is good stock to hold and buy low ie. 0.50..

Let's hope market to recover a little bit, T7 definitely will perform.

lai liao lor...

T7 GLOBAL BERHAD appoints prominent low-profile tycoon and investor Tan Sri Dato’ Sri Richard Koh Kin Lip as new board member. The tycoon from Sabah also sits on the board of IOI Properties as Senior Director, NPC Resources Bhd and Cocoaland Holdings Berhad.

long term prospect very promising

Vincent Tan's story is 2 years already bro...

As for his story, i really thinks his divestment is due to media pressure as he do not want to be in the limelight for the wrong reason as a high profile investor.

5 years ago the scandal involved a totally different management and board, ever since Tan Sri Tan Kean Soon took-over you see the company has turnaround from red to green, making sure they have improvement every year...

I believe in the new management of T7.. showing promising growth

I'm not sure how mikecyc calculate gearing - only using PPE over borrowings, very misleading...

How about the cash of RM55m? T7 is currently in nett cash position as of last year FY2019, means they have enough cash to cover all its debt. Gearing is only 0.2x, very healthy balance sheet and financial position, if you asked me. They still have good borrowing capacity to grow their business if you look at their balance sheet.

T7 current ratio is about 3x, has very low financial risk. If you want growing company, T7 is one of them, of course you wont see excellent result in just 2-3 months due to current situation. definitely next year and 2022 when MOPU's revenue kicks.

In my opinion, they are doing well. Strong balance sheet and future prospect is very good in well services, mopu and mcm contracts. Good for long term investment.