Hi Tinyinvestor, actually my principal is very simple:- 1) This company has two big project on hand (RM150mil Heritage Apartment and RM250mil JKR Training Centre Project). So it won't suddenly go bankrupt or PN17. 2) The RM150 mil heritage project will be completed by end of 2014. However, so far from year 2012 until now, the total revenue from property development booked into account is less than RM40mil, so at least there will be another RM100mil to be booked into account in next 3 quarter. 3) The RM280mil bond has been take up by all the big pension or insurance company, and the money is already in Digistar bank account, that mean this project sure will on. 3) The share price is purposely pushed down for the 20% private placement purpose. 4) The average issuing price of the private placement of 70 million share is RM0.215. 5) Dato Lee is a smart business man. 6) Most importantly, Secret Recipe Cafe and Dato Steven's family member appeared as one of the substantial shareholder of Digistar.
As long as I have extra money, I just accumulate this stock, no matter how long it take me to wait, I will wait... I believe Dato sure will reward long term investor like me.. haha!
DIGISTA has linked with the Polis Di raja Malaysia to produce technolgy sistem to curb the congestion of traffic nationwide. Not least, it also wide its attention to other company related to security product. This will boost the financial year profit target. This stock maybe soar drastically the next couple week as done with SMRT.
Datuk wira lee collect at 0.305, 0.311 recently n the lowest he collected is 0.242 on 2nd may.. I collect this morning 0.31, now look like 0.305 also can get ....
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Posted by connie > 2014-03-17 07:34 | Report Abuse
noted with thanks albukhary :D