Good is just brilliant . when he is around, we r ensure to get good promotion price but when he is not around to do the promotion, the price maintain. For eg, his constant call to buy Mlabs at about 11 cents .. then price discounted to 6 cents. Then he disappeared and moved to Pasukgb and the price discounted to 3 cents. Then now he is back with promoting Mlabs .. foresee a 50% discount coming soon..
do you think company owner has sold their share via proxy long long time already? company owner still can get company remunerations and good package every year! who care about company shares prices.... think about it!
The major shareholders already disposed their shares earlier on and the ones holding on are the small retailers which probably own the bulk of the shares. I assumed the small retailers are the ones selling now.. I think this counter would probably fall asleep for a long while ... for those syndicates to collect back again at a cheaper price. This is happening for all ACE companies at this moment..
Mlabs has about RM81 million Cash in Hand against a market capitalisation of RM48,121,043.60 on their 1,203,026,090 shares.....nearly RM33 million excess cash ....enough to pay BODs,staff,rental etc for a few years...
Net asset per share from (RM) 0.484 to 0.136, Q to Q, share dilution up to 1k% + from last yr, GENM (5938mil market cap) MLAB (48mil market cap), non stop pp, esos, right issues, consolidation..
Gua ingat gua bijak beli 6 sen. Mana tau dia kasi diskaun lagi ke 4 sen. Perghhh... Sangat baik hati dia ni. Nak takutkan org macam kita nie kena la 0.005. Tengok netx dan fintec camne nanti.
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....
JT1969
377 posts
Posted by JT1969 > 2021-04-07 10:05 | Report Abuse
Good .. please promote more .. it’s inching closer to 3 cents ..