The issue with this strategy is that the share price takes a long time to be come up and may not even go up. Look at Kluang and Sg Bagan. With limited funds most of us would like companies that moves up faster.
The jigsaw puzzle of DRB's POS venturing into ECommerce are these
1) Govt gave POS valuable assets. 2) Then DRB took major position in POS 3) DRB injects Logistics into POS 4) POS seeking to play a Bigger Role in ECommerce by JV with Alibaba 5) Pm Najib proposed Year 2017 as ECommerce Digital Year 6) Internet access is greatly encouraged in Budget 2017 7) Pm Najib made Jack Ma adviser for for Malaysia Ecommerce 8) Pm Najib invites Jack Ma to launch ECommerce Free Trade Zone
Other activities are
9) EPF sold down DRB while THaji loading up 10) EPF sold down Pos will KWAP is loading up
Why are these actions being done one by one?
Who or what parties are behind all these?
Where will all these actions lead POS/DRB to finally?
Bought at 92 sen At its peak Drb crossed Rm2. 70 for 200% upside
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Posted by calvintaneng > 2017-03-12 10:14 | Report Abuse
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Today is Sunday or the LORD's Day
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