It's like share-holders pay in full (15c RI) n ceo/coo/cfo/executive chairman, etc, get 55% discount in ESOS exercise (7.36c) within a time span of few weeks.. Who can manipulate the price by stock crashing to enable the above-mentioned 55% discount to the employees, esp the top executive who get millions of shares to laugh all the way to the bank eventhough they dun perform well so far if u scrutinize carefully the recent financial reports. Its sort of rewarding the under-performers blindly.
dusana for your info, if they simply say that there is effect on the group's earning and it turned out it did not. it will cause the shareholder to get angry and affect the share price significantly. Its better not to make any fake promise la. (if you know contingent liabilities/asset thing you will understand better)
QR mostly -ve la...anyway believe should be supported above 0.07, otherwise who want to buy its esos at 0.073. I will collect more at 0.075 to wait for the rebounding until election. Wont simply give up to big shark.
This penny stock unpredictable. Actual Price now is 3 cent. Sometimes crazy happened. I'll hold for a year or two. Look at hubline the chicken stock suddenly went high. Mlab need new project more into IOT. Just wait for every 3 month. If failed again wait 3 month again. It is a matter of time. If you dont wanna cut loss.
If sell down below 0.075 I will collect more at 0.07, below the proposed esos price. Anyway the major loss is contributed by professional fee from right issue recently. Next quarter result should be improved. Good luck every one.
Haha, some comments can really make me laugh. RI at 15c is considered as reasonable to subscribe but 0.3c (not rm0.30) loss in eps is considered terrible. MLab can afford to lose the same amount for 50 quarters with the RI fund it received. Dun get frightened off by the quoted %age loss in some financial websites which is misleading. Me too will start buying in at 7c downwards if retailers start dumping. There's an opportunity in every artificial bad news.
Even own employees also got cheated and con into buying the 100,000,000 shares offered at RM0.073 on 27/11/17. What will happen to the staff if shares can be bought at 0.07, 0.065 or even 0.06? They better off to quit the company then letting his boss to shit on them!
The way of Mlab announced their news, this conpany is truly not acting in the best interest for shareholder, they sell shares just to raise fund from you all this dailou, luckily i cut my loss at 0.09, those who still believe in this counter then just hold, or else waiting dor qr result
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....
meysu
11 posts
Posted by meysu > 2017-11-28 13:56 | Report Abuse
Then, management will make sure price will not drop below 0.075...and push the price back to RI EXERCISE PRICE and beyond....