@86, marina...TPY is a strategist, let there no doubt about that....but a very bad one. For example his actions today only successfully creates animosity toward them from the minorities shareholders because they think TPY trying to waste their time. As such, instead of saving him the injunction application will only hasten their downfall.
Protasco's loss? No big deal...still paying dividend with real money.....now, when the last time your profitable nexgram pay dividend? LOL
Prostaco is sinking, no good projects, no future grow, lousy management, good in utilizing company's facility to sue people, engage business without studying details then sue people etc.
About the minority shareholders...u cannot think for yourself eh?...tey + ooi owns 19% of protasco shares....recently he bought shares up to 5%...so that make their combine share more or less 25%. Dato Chong's + Tan shares is 30%. They bought up to 10% recently...make their total shares of 40%, meaning they only requires additional 11% to kick TPY and OKA. Therefore every vote is count and when you irritates voters, it would only make them happily votes against you for the sake of it. Understand?
Maria that's where the minorities plays an important role. Why they would like to discharge chong if they hate chong's adversaries for wasting their time? They would be happy to vote for chong and kick tey-ooi till the kingdom come. See what a huge mistake by that foolish strategist by filing injunction today?
Profit left? Aiyo....no more project to do? No more future grow? When need money, borrow from bank and pay high interest rate? What mentality? Alice, you are not investor, you are lawyer.
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....
clementlee
443 posts
Posted by clementlee > 2014-11-26 14:13 | Report Abuse
nexgram -wc also seeing at 50k Q at 0.095 ?? shark going to eat all up till tat price ?....if so, every price below that still is 'cheap' by shark ??