one thing is obvious folks, you can't buy back 0.05 very very difficult. even 0.08 is difficult but not impossible. if Tey wants it to appreciate further from now 0.105 towards 0.155, their is no turning back or buy low again. JAN FEB MARCH months is the crucial observation period. these are my "assumption"
... already announce earlier MOU only another more details news & signing of JV contract. .... at the moment nothing we can do except being patience, waiting for the next surging wave.
That one is known already. Issuance of warrants and new shares to fund the development is normal too. If you believe you can hold. But I believe EX-date should see the share trading below support level.
Anyhow, why does it seem like any Tom Dick and Harry companies these days diversify into property development? How many will actually see fruition? Just something to ponder.
... bad news? rights issue to raise 11.7M, shares closing 0.10 today. since rights issue is at @0.11 it will not go lower than 0.11 before EX, if you really need to dispose the shares. got to wait longer, see how is the reaction tomorrow.
... good news? nextnat NTA increase. yeah, property development as data centre
On 10/02/2012 outsourcing contract with PT Inovisi Infracom listed on the Indonesia Stock Exchange. The Agreement provided NCB with a GUARANTEED revenue of "US$22.5 million" over a period of 3 years from Inovisi, under which Inovisi shall appoint NCB as its outsourcing partner for the supply of InoConnect Internet Protocol (“IP”) Interconnection, and InoConnect Bandwidth Optimiser, respectively, a service platform that serves as a telecommunication operator for delivery of IP services and a service platform that reduces large data packets into smaller ones, allowing data to be sent out via faster and more consistent IP networks. The execution and relative size of the Agreement provided an impetus to NCB to service Inovisi in a cost efficient manner. Hence, a need arose for an "in-house data centre facility" instead of paying to external hosting service providers. At the same time, NCB can also provide data hosting to other external parties to generate revenues.
... of course will push up before EX but if reaction is bad will cause share price to go further down. i don't think this is CBL counter, CBL prefer lost making counter. wait early tomorrow to gauge the reaction. actually this is a Good Announcement depends on how you look at it. Contract already in hand, they need a platform, they gain a platform + property + future service provider. disadvantage it takes longer time
i believe tomorrow would down as the market usually having bad respond to Right Issue ,however,the price will eventually go up before ex date....really shit have to hold at least few months,,,a really rubbish stock.......nexttodie
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....
ticker
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Posted by ticker > 2013-01-12 18:43 | Report Abuse
Waiting game huhh.....?also waiting this counter to shot up...lol