last 3 qtr results; revenue 7m and loss after tax 200-360K each qtr..... unless there is a growth story here, even current price is 18c is not worth it, anyone here have any news?
Not that the company going to PN17, it’s still doing its business and all directors are still holding tightly their shares, collect now before it continue to go up because they have acquired more revenue generating assets
looks like company gonna go for rights issue of 1b shares at RM0.12 each to raise RM120m to buy up Green Lagoon technologies..... a biowaste to energy tech co..... pretty risky if you ask me, but if you have spare cash to park why not....
And some knowledge, if the company place the RI at 0.12, definitely they will try to increase the share price for now as it’s easier for ppl to subscribe it right? Do you agree with me?
once RI announced share price will go down..who would want to subscribe RI from a loss making penny counter..later on announce share consol ..better run fast..they wanted to raise fund from investor to acquire another company..look at Fast Energy..sudah masuk longkang...they should have push the price b4 RI, else let them subscribe it themselves..
Sorry for the confusing , I said RI, it’s actually not RI. Overall it’s a good company with a better company joining in, now is still a good price to enter
Does anybody know why the RTO has yet to materialise? Announced intention in May and no news since.
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Posted by Raymond Tiruchelvam > 2024-04-23 14:29 | Report Abuse
last 3 qtr results; revenue 7m and loss after tax 200-360K each qtr..... unless there is a growth story here, even current price is 18c is not worth it, anyone here have any news?