The latest project announce it as Letter Offer.....just Letter Offer. Unless it announce Letter Award....then it confirm and 100% sure get the project.
This one same like the other company. Pitty the minorities and investors waiting company to survive and delivery, yet got people who think too much.
Very likely. This Whiteman thinks too much and left the company. All self thinking without knowing how business works. How fund was raised to feed his salary, can he raise? Cannot then dont complain so much. Remember who raise fund to pay his salary. Minority shareholders contributed also.
When company project budget spent finished, company no money doesnt mean whiteman can rob and kill at will. Have the person met and ask what happen instead of guessing, perhaps find solution for compny to raise fund and start project, get direct communication before self destruction? Innocent minorities aside, create false stories with a closed mind and kill is not an excuse. Its pure self rationale out of grief and greed. If bank business bad cant pay on time, doesnt mean can rob the bank. Innocent clients and depositors. Plain simple.
Moreover, if this Whiteman wants to get anything, ahouldn't he be helping company
KUALA LUMPUR: Nexgram Holdings Bhd's unit has bagged a US$77mil (RM338.80mil) contract to build two plants and a laboratory in Bandar Baru Enstek, Negeri Sembilan.
It said on Friday that its unit Intra Binaraya Sdn Bhd had received a letter of award dated Feb 11 from Oriental Mace Sdn Bhd, which was the principal contractor.
Oriental Mace is the existing engineering, procurement and construction (EPC) contractor for the project to build a vaccine manufacturing plant, a pharmaceutical and neutrical manufacturing plant and a research and development laboratory.
Oriental Mace previously issued a letter of offer for EPC projects to Versatile Creative Bhd to be the main contractor on May 26, 2016.
However, the letter of offer was subsequently terminated by Oriental Mac with effect from Jan 19, 2017.
Under the agreement, Oriental Mace as the EPC principal contractor had to settle all outstanding payments owed to the contractors or any parties while undertaking the projects.
Oriental Mace also had to settle and pay all the outstanding payment prior to the execution of the letter of offer.
NG few times announced so called good news. With high volume, but price up a bit then one or two days after.. no volume .. price down. Now, most investors know its trend, stay away and observe only . Unless price up to 0.07 and above, otherwise can't convince investors to believe NG has potential to grow .
the longer waiting, the uptrend later will be superb, if not, i have nothing to lose, u want to earn in share market, no patient no gain, better chase the active stocks, u may gain 50%- 100% in one day, vice versa u may lose "quite a lot" after a click, hahaha
not up 30% - 50% also consider trap ? someone must be kidding ! someone spread rumors and wanna trap u at 0.005 sen ? will this select to be funniest joke in 2017 later? hahaha. wait patiently lah, if so senang untung in share market, no need salary no need work lah, haha, what i mean now is positive, i just put it there, if drop back 0.04, i will top up some more, what for hurry? just my personal investment style and opinion, make ur own judgement
Intra Binaraya Sdn Bhd (IBSB) has accepted the LO on 2 March 2017. Pursuant to the LO, IBSB shall act as the EPC Principle Contractor to undertake the EPC Projects in place of OMSB for the full contract sum as provided under the EPC Projects Agreement.
5 reasons why I bought Nexgram : 1) New management team since middle of 2016. 2)Haji Norzain.,the new deputy chairman is holding 9.426% of the company shares. 3) Awarded a 338 million project recently with securing 24 months revenue. There is a good chance to get another 2 government housing projects soon. 1.45bil cyberjaya project not yet dead.... 4)The chairman promised to shareholder that the company will focus strongly on getting new projects and businesses and is dedicated to creating and maintaining value for shareholders on AGM recently in Dec. 16. 5)with all the positive news and more to come.... the market price still at the very low level.. The price is not likely to drop more than 0.04..strong support at 0.04...
Intra Binaraya Sdn Bhd (IBSB) has accepted the LO on 2 March 2017. Pursuant to the LO, IBSB shall act as the EPC Principle Contractor to undertake the EPC Projects in place of OMSB for the full contract sum as provided under the EPC Projects Agreement. This will benefit to share holders too...bonus
I think this counter must be patience... so many projects on hand.... please commence those projects, nexgram.... get a team of construction professionals and go ahead.... get the end financial... bank, JV, total sublet, etc.
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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....
WhiteWarrior
52 posts
Posted by WhiteWarrior > 2017-03-08 11:31 | Report Abuse
The latest project announce it as Letter Offer.....just Letter Offer.
Unless it announce Letter Award....then it confirm and 100% sure get the project.