Then better u collect more now,as gpro oldy get the right to exercise its par value reduction, the private placement is coming soon, me today bough 100k, lower down my average to 0.061. Currently there are some one keeping accumulate the share, slowly, think just need to be patient..
jz now before market close, some one place 3000000 qty at buying column 0.06, n these few day including today all transaction done @0.06, keeping throw out at 0.06, but the amazing part is alws got some one, q at 0.06 n telan all the qty...if there are nothing do to with it, then it shld throw direct to 0.055, n won't hav ppl interested to buy it 0.06....jz my point of view ~
Alex, I still hold, yet sell, q at 0.07, this morning it touch 0.07, but yet touch my qty, then it reverse back to 0.065, may be later afternoon session, will let it go...
Ok ok , thks, will hold it n wait, as I hold it more than half year d...wait for another 2 month I think, as the private placement yet launch to market...
Yes, is incur loss, that y the mgmt propose private placement, at 0.10..now market price 0.06, that mean the third party who take part in private placement will buy it open market, to average down their buying price, then push it high in order to sell off all the share on hand, my view only, this is the reason i bought it 0.07 n currently continuous accumulate it @ 0.06..
Private placement at 0.058 ? Then who sell at 0.055 is in loss, n luckily qty q sell 0.06 is not much, hope tey will work hard push the price up above 0.06...
Admin - the company business background description isn't correct here; kindly update accordingly
GPRO Technologies Berhad, an investment holding company, engages in the provision of information technology solutions for textile and apparel manufacturing industry in Malaysia, the People's Republic of China, and Hong Kong. The company operates through Research and Development on Information Technology; and Skincare and Cosmetic Products segments. It offers G.PRO SDT, a radio frequency identification (RFID) lean shop floor data tracking solution; G.PRO UPS, a RFID unit production system tracker; G.PRO QCM, a real time shop floor garment quality tracking and control solution; G.PRO IEES, a industrial engineering execution system that allows the sewing industry and its industrial engineers to set time standards and rationalize work methods; and G.PRO PSM, a proactive production scheduling and monitoring solution. The company markets its products under the G.PRO brand name. It is involved in trading and retailing skincare and cosmetic products; and provision of management and consultancy services. GPRO Technologies Berhad sells its products through a network of distributors, agents, and strategic partnerships. The company was founded in 1996 and is headquartered in Kluang, Malaysia.
#alex, that means it's a tradeoff. Someone is passing shares to a nominee, or nominees. Unfortunately, that would means people going to fry up this counter-> which in turn means people gonna get stuck--> which in turns the big boys are gonna make some real money off them. Counter probably shoot up to 0.13 again, suck in all the kids... then mass sell off again.
why worry? this counter has been stagnant for ages. No one buy n sell anymore laaaaaaaa... they just want to test water... it will move soon. xmas present for u if u had it at 006 or lesser
Thks, stock operator, I'm holding at 0.061, wanna hold it till next qtr report out, as private placement ngam ngam 0.058, don't think big share holder will sell qty on hand at 0.06
Fung Chan Man from Hong Kong bought 25 million shares through private placement at RM0.058/share, and disposed 13 million shares through off market at only RM0.01/share within same month (Nov-13). Any comment?
already touched 0.07. my young friend, this counter will breach 0.1, not because of fundamentals but because of greed... greed of new blood. Greed of speculators.
Mmmm, may be, but i hold it more than half year d, that time bought it bcoz thought it will go high due to private placement, but finally ex price set 0.058, make it x attactive at all, now can out with some gain, enoght d..
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....
Jack Tan
46 posts
Posted by Jack Tan > 2013-05-30 19:41 | Report Abuse
Up I dunno but won't drop below 6cents