When the time at high prices I already say dangerous Share consolidation and right issue How much need to lose on Mtronic Mtronic is the second sanchi Actually if a company no hardworking on the biz but every day hardworking on thinking about share consolidation and right issue must think carefully about the mngt
The case will be heard on 3/2/20. AGM will proceed only on Agenda 1. All other agendas in the adjourned AGM pending case hearing. Pls read announcement 22/11/19.
Speechless with this counter...Both the Mgmt and the major share hoolders seem not doing anything to push up back the price when the recent quarter result is the best since 2018
Looks like some companies are playing around with current assets etc as like London biscuits, eventually written off and turn into negative nta. As for this, best for trading as fundamentals all in red except current ratio which is difficult to ascertain under poor disclosure regime and regulatory regime. Good to see major SH take legal action against own company and hopefully set a good precedent.
Fundamentals all are in red except current ratio where accuracy and quality is difficult to judge under poor disclosure and regulatory regime.
Business growth is dim under the existing management and bod as reflected in its bottom line.
Legal actions will drag for years understanding our efficiency and effective legal system. Even insider trading cases can remain unresolved for years, either intentionally or unknown reasons.
No idea why business tycoon purchased it in the first place. That's why he is a tycoon and I am a poor layman.
TP 0.01_0.02 then consider for trading only as can't hope for dividend.
Ho ho seems like a good turn on director dispute favour to Tan Sri .. refer Metronic legal action on May 2019 to 11 defendants.. one of the director Ooi Chiang Sim ( ATTA executive chairman) is charged with drug trafficking on recent news.. out of 11 defendants .. Ooi n his 3 related company is consider 4 defendant .. seems those with surname Tan is related to his mother side relatives...
Ho ho metronic is potential benefit from Digitalise Infras RM 50.3 billion ( include NFCP RM21.6 billion) ... Netx new website is written Netx is associate company of Metronic.. tarik tali saudara mara use Metronic name..
But don’t buy Netx as it’s is just a fund raising company by PP,, SIS ,ESOS .. latest QR : revenue 258k.. Administration expenses 3.3 mil .. loss 3.1 million...last year 1 billion PP average price 0.0148...
Ho ho do monitor Dato Sri Pang movement.. he is Tan Sri ex-staff whom he praised his capabilities on materialise Metronic right issue ..unless Tan Sri is a sorchai being kon by his ex-staff...'
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ivan9511
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Posted by ivan9511 > 2019-11-22 17:17 | Report Abuse
When the time at high prices
I already say dangerous
Share consolidation and right issue
How much need to lose on Mtronic
Mtronic is the second sanchi
Actually if a company no hardworking on the biz but every day hardworking on thinking about share consolidation and right issue must think carefully about the mngt