ah bing... nexgram I feel like vomiting now... to be frank, my portfolio still does not look good... did not average down last week.. worried the market.... other counters up and hope can hit my initial capital... this nexgram never move at all....
aiyooo...bing....don't like that lah......you make them laugh lah.......macho a little bit lah.......what to do....lousy counter...next time becareful lah...
ah bing ah bing... I very sien... I just wan to clear stock.... and guai guai...... wait for crisis.... play like that very stressful. Make money... then kena stuck... then have to wait for long long to go back to initial capital.. cannot be like that lah!!!
don't know... TAS was cheap when 8x sens.. did not buy.... worried.... Insas dropped to 90 sen... now 1.03... how to buy? how about furnweb 75sen? what to buy ? if buy now, will get stuck?
Bollinger Bands are intervals drawn on NEXGRAM price chart at standard deviation levels above and below the corresponding moving average. This produces an effect of having the bands widen during periods of NEXGRAM HOLDINGS BERHAD higher volatility and contract during less volatile periods. Bollinger Bands indicate the relative supply and demand for NEXGRAM. If NEXGRAM HOLDINGS BERHAD price moves close to the top of the interval then it indicates that there is strong demand for the asset, alternatively if NEXGRAM hugs the bottom of the trading range then it indicates that there is oversupply of the asset. The current lower band of NEXGRAM HOLDINGS BERHAD 30 days horizon is 0.07. The upper band for the period is currently at 0.13. Given the current price of 0.105, the overall demand for shares of NEXGRAM is increasing.
Potential to move up...patient....keep in the freezer.....
PETALING JAYA: Protasco Bhd has received a notice from shareholders, UOBM Nominees (Tempatan) Sdn Bhd and Tan Heng Kui who collectively hold a 10.51% stake in the company, to call for an EGM to remove two of its directors. The two directors, Tey Por Yee and Ooi Kock Aun, are currently being sued by the company for breach of fiduciary duties. UOBM and Tan hold 8.99% and 1.52% stake respectively in the group. Tan is a non-independent non-executive director of Protasco. “A board of directors meeting will be called to discuss the matter and the relevant announcements will be made in due course,” Protasco said in a statement yesterday. On Sept 22, Protasco said it was launching a legal suit against Tey, a substantial shareholder of Protasco, as well as Ooi and Indonesian-based PT Anglo Slavic Utama (PT ASU). In the suit by Protasco, PT ASU is the first defendant, while Tey and Ooi were named the second and third defendants respectively. Protasco is claiming US$22 million (RM72 million) in damages against PT ASU for the alleged breach of a sale and purchase agreement and a refund of the deposit of the purchase price paid. The company is also claiming US$27 million (RM88 million) in damages for fraud and conspiracy as well as aggravated and exemplary general damages against Tey and Ooi. Its claim against Tey and Ooi is premised on the breach of their fiduciary and statutory duties, including the duty to disclose their interest in the transaction, conspiracy to defraud Protasco and the making of secret profits. Tey and Ooi have subsequently denied all allegations brought forward by Protasco. They will be filing their defence by Oct 30 2014. In a joint statement yesterday, Tey and Ooi said they have filed a derivative action for the benefit of Protasco’s shareholders yesterday. The embattled directors have scheduled a press conference today to provide updates “on the evidence, their defence and the latest developments in the legal suit”.
> Planned partnership with Protasco Bhd falls through
PETALING JAYA: Nexgram Holdings Bhd has a short list of contractor and partners lined up for its maiden property development projects in Cyberjaya and Putrajaya, after its planned partnership with Protasco Bhd fell through. “We signed the MOU with Protasco but their speed cannot match what we want … if you cannot do the job, sorry. We should follow good governance in selecting the right contractors and partners,” its CEO Tey Por Yee (pix) told reporters after its AGM yesterday. Tey is one of two Protasco directors Protasco is suing for breach of fiduciary duties. “We signed with them two months ago and all the partners should come back to us within the period but they couldn’t give us what we want. That’s why we have to select other partners as well. In the future if they can give us something fast and up to the mark, we may consider (them) again,” he added. Last month, three independent directors of Nexgram resigned after Protasco announced that it had filed a legal suit against Tey, who is a substantial shareholder of Protasco, and Ooi Kock Aun and PT Anglo Slavic Utama (PT ASU). Tey declined to comment on the resignation of the directors stating that it is a separate matter from Nexgram’s business. He and Ooi are to hold a press conference today. Last month, the group announced that it had signed two MOUs with MyAngkasa Bina Sdn Bhd for the proposed joint development of the Cyberjaya and Putrajaya projects. MyAngkasa Bina is a subsidiary of Angkatan Koperasi Kebangsaan Malaysia Bhd. Tey said it expects to have groundbreaking ceremonies for the two projects by first quarter next year and hopes to commence work on the project within the next 12 months. The estimated value of both projects is RM1.2 billion, which is subject to change depending on the final plans. “In Putrajaya we are doing affordable housing so it has to be in line with what the government wants. For Cyberjaya, we have more flexibility, we are developing middle to high-end, of course our price will be competitive to the market,” he said. Tey said moving forward, it is looking for more joint venture (JV) projects in property development, both with the private sector and the government. “Hopefully we can launch our projects before end of 2015. That will give us at least three plus two years of consistent income. Looking at thin margin of let’s say 15% net, that is fantastic income for the company for the next five years,” he said. Tey said the group aims to have property development contribute 30% or more to its total earnings in the next one to two years. In the long term, property development and its core business of telecom, media and technology (TMT) are expected to contribute “quite equally”.
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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....
TuaHuat
1,462 posts
Posted by TuaHuat > 2014-10-25 13:41 | Report Abuse
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