ha ha ha huiii!! huiii!! huiii!!.... ha ha ha huiii!! huiii!! huiii!!....
That you must ask Dato' Ong CK - He is the Pilot, it all depend on him, if he can bring in more contract deals then I will push up the price higher lor....
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Sohai Huat, lol, i throw until don't want throw already stupid...good luck la you ha ha ha huiii!! huiii!! huiii!!.... ha ha ha huiii!! huiii!! huiii!!....
There is a RM8.8m impairment losses that the company has taken this opportunity to write off for this last quarter of FY2018, and prepare its wings to transform into a full fledge construction stock.
I don't think the normal retail investor understand what is impairment and whether this is an actual lost. Sadly in Malaysia retail investor only see EPS
Poor results is due to impairment loss on goodwill and investment. No real lost of money to the company itself. Most importantly, balance sheet remains healthy.
In fact, I am quite optimistic with the changed of the new management with lots of experience, the prospect of the company can only be better as the previous owner has been unable to turn things around even though it is a cash rich company.
This quarter the constructions sector has already contributed RM1.4m in profits, so just imagine what the profits will be like with contribution from the big projects win starts rolling in for a micro cap company.
To recall, M-MODE Bhd saw 50.89 million shares, or a 31.3% stake, change hands in eight direct deals for RM29 million in total on June 22. The transaction price of 57 sen each was a 48% premium to the closing price of 38.5 sen that day.
KUALA LUMPUR (25/7/2018): M-Mode Bhd's founder Datuk Lim Thean Keong has stepped down as the group's managing director.
Lim resigned to devote more time to operation matters at subsidiary level, the group said in a filing with Bursa Malaysia.
M-Mode also said its new single largest shareholder, Ong Chee Koen, will be redesignated as chief executive officer from his previous position as executive director.
Ong emerged as the single largest shareholder on June 22 via Ecobuilt (M) Sdn Bhd (18.9 million shares) and E&J Venture Sdn Bhd (4.84 million shares), raising his deemed interest from 14.16% to 20.16% after the deal. He bought the additional shares from Lim (the transaction price of 57 sen each) .
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....
TianTTHuat
629 posts
Posted by TianTTHuat > 2018-06-22 16:48 | Report Abuse
ha ha ha huiii!! huiii!! huiii!!....
ha ha ha huiii!! huiii!! huiii!!....
PMH I already bought a lot a lot already, don't know is there any more seller?
ha ha ha huiii!! huiii!! huiii!!....
ha ha ha huiii!! huiii!! huiii!!....