With ATA the public knows what's happening. In this case, those who are not privy to the info is left in the dark. Traders starts speculating making the situation seems worse than it is. Gamblers takes advantage of the situation. In the end the company's reputation is ruined. Such damage takes a long time to repair.
birkincollector, serba's case has since spooked many retail traders. I personally think in the case of cypark it's an overreaction. This has unfortunately opened the gate to gamblers/punters whose sole purpose is to make quick gains.
Matter too sensitive to be disclosed and discussed in public forum. Not even the major publications dare to touch on this matter. I've done my own sleuthing and found the possible cause behind the mysterious cause of this unusual incident.
I hope this is not considered spamming.... Yeah, from experience that's how prices of stocks generally reacts to BUY calls. Buy low, Sell high principle is showing. Take this opportunity to accumulate this stock is what I will do.
Unabsorbed capital allowances incurred during the pioneer period can be carried forward and deducted from the post pioneer income of the company. Accumulated losses incurred during the pioneer period can be carried forward and deducted from the post pioneer income of the company for a period of seven consecutive years.
All's not doom and gloom for Globetronics post pioneer status.
All, points taken, both the good and bad. Understand that every investment has its set of risks. Manage it well, you survive. But however if you are pre-emptive (not reactive), you will profit. Divest or diversify your investment. It would not be wise to play down Tune's strategy too early in the game. It's not game over yet.
Thank you yong1985cm, straight to the point. High receivables is the bane that perhaps is the one major similarity that these 2 companies share. The comforting difference in Cypark's case is the knowledge that their projects are visible/exist/tangible.