As for MLab we now know that price was recently pushed down to 0.07/0.075 in order to set a low ESOS price of 0.0725. MLab raised 9 sen from the rights issue, so there's no fear of it going under PN17 despite not showing any profits in the past. If you manage to buy at 0.07-0.075 recently hold on to it until the uptrend starts. The downside is limited, the upside is vast in terms of percentage. If price goes to 10 sen, that's 33-40% gain from 0.07/0.075
Thecontrarian. I need mlab to be rm 1 to gain back what i have invested earlier. Can mlab reach rm 1?means 10 sen before consolidate.what do you think?
For novices, just look at facts. In the annual reports (for whatever that's worth). Not fantasize. Never made money in 10 years. Just raise capital all the time and nothing to show for. That seems to be the core business, raising money. Why would anyone give their hard earned money to this types?
CityHunt3r and contrarian. I believe both of you are long term genuine holder of mlab. Do you think there is new substantial holder emerge soon based on your experience?
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....
PrinceofIpoh
1,306 posts
Posted by PrinceofIpoh > 2020-12-31 12:51 | Report Abuse
Jingle bell. What is your intention to be here. Adviser ka