There is nothing right or wrong. I am just sharing my thought here..A few days ago i sold my connect even though i made loss but my decision was correct bcos i managed to make more fr the funds i hv at hand If i didnt i am now staring at further losses holding connect as the price keep going down. Dont get me wrong I stil like Connect the whole RTO waiting game drained me as is not a cfmed n sealed deal. I would certainly buy again when the time is right when the news is out even at higher price... 15/07/2020 10:10 AM
i will date him out and belanja kuat kuat,...be optimistic as swim in...once he told me will match my quantity..lets ride and sail...today close at high like 30 cent will be excellent.
B4 announcing any big news like RTO for sure it present a big opportunity to goreng up the counter...to do that u need to accummulate as many shares as possible and MUST AT VR LOW PRICE....
KUALA LUMPUR (July 15): Ancom Bhd, Ancom Logistics Bhd and Nylex (Malaysia) Bhd will undergo a restructuring exercise that will see the logistics business moved to Nylex and the entry of immigration technology company S5 Holdings Inc into Ancom Logistics, said sources familiar with the plans.
“The group wants to put the logistics assets under one roof — Nylex. Following this, the entire supply chain will be complete at Nylex,” said a source.
“Ancom Logistics will be without a business and the plan is to acquire an immigration technology company — S5 — for that unit,” added the source, who declined to share the price of the deal.
It is understood that there were emergency board meetings called for all three companies — Ancom Bhd, Ancom Logistics and Nylex today — with regards to the restructuring plans for the whole group.
Ancom considering buying S5, however can they afford is my first question. S5 is worth 900 million, based on myeg 10% sale. Would they be able to raise the 810 million from their market capitalization, if share price drop after this, will the RTO still happen? so the question is, another smoke screen? I guess that is to goreng ancom pending Connect?
No one finds this odd? Myeg at 2 billion cap bought 10% at 90 million, now Ancom Bhd and Nylex with market capitalisation of RM183.2 million and RM134.69 million respectively, can acquire a 810 million ringgit for 90% and put under their business model? the term is "acquire"
Ancom Bhd, Ancom Logistics and Nylex had requested for a suspension of the trading of their securities from 9am to 5pm today, pending a material announcement on a corporate exercise.
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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....
nicholas99
9,919 posts
Posted by nicholas99 > 2020-07-15 10:03 | Report Abuse
eh.. joycelee who said u enter at 0.23 not me. lmao. i can sue you for false accusation.