This is the typical case of a lousy management team want to diversify their business. Not a fantastic management team success story. Read between the lines and you will know.
This is the shortcut way to become a millionaire in the next 2 months. I believe in you, fatwealth and I bet all in HWGB-WD to take a shortcut journey!
好心不要害人. Many years back when this stock was goreng up to 0.9x, remiser said will goreng till RM9 and kept calling investor buy. And that really made many investor cried. People are not stupid. And Mr.Fat I believe you will laugh till the end because you promoted only and not invested.
Before you invest ask yourself these following questions?
1) What is the core business of HWGB? 2) How this diversifies business help the group? (How much can it generate? How large can they grow? Can they sustain?)
The total investment of this new business is approx RM 9 mil how much it can make?
Quarterly dropped 125%, and making loss, fundamentally can't be accepted. Technically also nothing to look at. Better stay away to protect your money.
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Posted by Alex Foo > 2017-11-20 09:28 | Report Abuse
I believe~