I see no points of selling down MMODE. There are remaining revenue RM28 millions from H2O projects not yet bring in the book of MMODE. The Sabah project which value RM 260millions will only start contribute in Q4 2019. I think Q2 2019 onwards shall be alright for MMODE.
On behalf of the Board of Directors of M-MODE, UOB Kay Hian Securities (M) Sdn Bhd is pleased to announce that the Company proposes to undertake a private placement of up to 10% of the total number of issued shares of M-MODE to third party investors to be identified later.
Details of the Proposed Private Placement are set out in the attachment enclosed.
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....
Lsi54
53 posts
Posted by Lsi54 > 2018-08-08 11:59 | Report Abuse
Be aware guys!!!