Yup, the second day it got goreng'ed .. I enter a thousand lot.. And the queue vol. there shows 13888, 13888, 13888.. Looks like someone is telling someone something. After half an hour I sold off everything when it rise 3 cents.
...can some explain to me how an unknown company with a funny name like ninetology which by the way is a 2 ringgit company... can come up with the hundred of millions $$$ to buy out the major shareholders ??? ... can it get anymore cock & bull than this....
I think Chin would accept the offer from Ninetology and he would convince the other 3 major shareholders to accept the offer so that the minority shareholders can benefit.
Mr CHIN is think hard between Nasi Lemak and Nasi Goreng behind BAR , ha ha Based on his foot step I think he would say not convince or have not had enough info fr NineT and therefore a final decision not reach n purposes of this pressconf is to acknlwdge I plan to suck more blood n then resign ha ha
What ever good news is just a good side of the story and .55 not worth a calling. I still something not right of ninetology offer with 2.00 paidup cap. If it is true then all accounting professionals have to go back to school including me.LOL
does that mean INGENS-WA has all been converted to ordinary shares? so then, the INGENS can have more shares to sell to NINETOLOGY IF that is the case?
converting the WA to ordinary shares is to tell you that they have confident to this counter. It cost a lot by converting WA at this price. Not surprising the WA holders are linked to the major shareholders. As said b4 0.55 is to expensive to take over the control unless 9tology is crazy enough.
Hmm, for them to even offer in the first place shows that they are crazy enough. Despite being expensive to the directors to convert, won't that give them more shares to sell at 0.55 shall they accept? Just a possibility I thought of.
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Thian VN
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Posted by Thian VN > 2012-09-04 21:02 | Report Abuse
Tomorrow Chin will say something good to stabilize the price.After all, RM0.225 is the price before they start to goreng.