Posted by Valuegrowth45 > 2018-06-29 21:52 | Report Abuse

Good analysis. This is in line with my estimate that M-Mode fair value should be above 50 sen.

What really interest me is who took up the balance 17% of M-Mode share at 57 sen. My guess is Titijaya related companies/ individuals but this cannot be confirmed at this point. Will this new shareholder/s bring more opportunity to M-Mode in terms of new projects or injection of new business?

Can anyone help to shed some light on this.