If their target is retailer, they can actually fry up to 0.3x ~ 0.50 only dispose, why dispose at this price? Since he is the founder of the Nexgram, I don't think he will destroy his own company otherwise many other listed company investor and shareholders will lost faith on him. I think may be he is trying to get more cash to control more listed companies and merge them with NG. He's young and ambitious, I doubt he will spoil his own reputation. From IT line to properties development proves to be the right move, for a counter that makes money 0.09 0.10 0.13 is the price that nothing to be worried, even a pre-PN17 or PN17 company also will fry up to sky high before it get delisted.
My HLB online trade shows that 4.59pm someone suddenly queued buy +50000 at 0.09, as I know online trader can only key in 5000 at one transaction, right ?
Will TPY sold his share to someone and get cash 1st, then curi curi buying Protesco share at outside? The only way to win the Protesco, major shareholder more than Chong. And win the company. Deal for selling NG share to the 'someone ' - After settle Protesco case, promise goreng NG gao gao and let the 'someone ' sell it and get back the money...like pinjam duit. ....
yes.... I can't understand either!!! Myangkasa projects is a confirmed project!!! 15% profit of RM 1.2 billion... = RM 180 million profit!!!! ACE counter earning RM 180 million profit!!! sure can find JV partner!!! affordable houses... sure can sell by angkasa!!!
SANG-JERO Yup....The sentiment is back.....RSI pointing up...real time......Congrats to those that got at a very cheap price........I think the show is on.... 13/11/2014 12:50..... but now it cheap and cheaper....any comment SJ
asahmad -- I am also worried on the huge quantities he is selling, don't know what is his intention. He sold at open market or transacted to who? at what price? all these are not disclose. Bcos if at private transacted, the rate could be higher like 15 sen... previously private placement at 15 sen whereas the market rate was only 12.5 sen...
bcos another company if wanted to take over or join in as company BOD, he can't collect from open market, he can only collect from private placement or transaction... the rate is different,.
on 28th October 2014, he announced to the media about angkasa project next year end will commence, expected 15% profit. However, few days back he disposed his shares. W T F!!
I have checked via the internet, sensorlink is a profitable company with good client network... this is a good collection by nexgram, as an investment holding company strategy.
sometimes, I am thinking of whether to switch this counter to Alam or not. but after looking at all these corporate exercise, nothing is wrong with nexgram. but looking at the way he disposed, I am very worried.
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....
Marina
766 posts
Posted by Marina > 2014-11-14 19:43 | Report Abuse
The point here
We dont know where he disposes to