If director doesn't hv the initiative to push up share price, co talking of making millions profit oso no use if share prices remain uncompetitive,,,ding dong ding dong will scare investors away......
SANG-JERO,revenues and profits increase tremendously,PER drops bcos of increase of paid-up capital due to placement of which cash/assets comes into their company which make them more liquid and solid. Previously less cash and assets now more current and fixed assets and they exchanged new shares valued at 30c for the building at Bangsar.The Per only drops .03c per share despite of having RM58m cash. Revenues increased by 168% and profit by 58% so it is a good progressive co. PLs correct me if I am wrong.
Nexgram not only makes money from the main businesses i.e IT and properties but also from placement of shares that they have money to buy land and own Bangsar building.
Pengwin,higher profits was divided by higher enlarged capital but the extra bought in the bangsar building and more cash.Indirectly the extra shares sold bough in more assets and cash,making it more solid.Hold or sell at your own risk.
But this is quarter revenue too.....my concern is that if it takes do much revenue to have so little profit then if revenue is not high enough the profits won't sustain
agree with Singkalingam. Fundamentals dun really have a significant weightage on penny stocks. If the big players feel like creating waves, then it will move. else, it will be stagnant until somebody decides to choose it as a playground
It is much safer for them to hold stock with good fundamentals than rubbish stocks who can be pn17 anytime and it is easier to play up and maintain the price.
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....
Timie
338 posts
Posted by Timie > 2015-03-25 09:46 | Report Abuse
Still got some, going to dump all and move...