I agree with Shahrul. IMHO, 7.54 acres for a company's FIRST edutainment park is impressive. A similar concept is espoused by KIDZANIA of which their KIDZANIA in London is doing very well.Don't forget EDUSPEC has an existing strategic partnership with KIDZANIA.KIDZANIA's London edutainment park is 75,000 sqft in size. EDUSPEC's edutainment theme park will cover 7.54 acres which spans almost 330,000 sqft in size. That's roughly 4.4 times bigger than KIDZANIA London. Respectfully, that's hardly 'kacang putih' as someone mentioned earlier.
wow 4.4 times bigger.so it sounds impressive.yeah it's no way kacang putih when the development cost is rm38 mil.i bet they already do a lot of research&calculation before get into this business.who wanna burn their ownself right?lol
A theme park at rm38m investment is anything but big. Otherwise, why are they letting you to buy at 3.5s even after the announcement? Food for thought....
for me if nothing happen until 28th June,then i will dispose all of my shares in this company.actually on 28th June at least edu share should move min to 5sen.
MM is billionaire right? he got money what to invest and support the eduspec business. how much edutainment at Port Dickson? RM60mil? he billionaire meh.
I wonder : proposed issuance of up to 600,000,000 new 2% cumulative redeemable convertible preference shares in Eduspec at an issue price of RM0.10 each (“Proposed Issuance of RCPS”);
If the proposal above have to work at RM0.10 cents ... then Edu Spec must be above RM0.10 to be attractive to investor ?
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....
Bull13
1,097 posts
Posted by Bull13 > 2019-06-07 13:03 | Report Abuse
Btw the edupark is too kacang putih. Probably the size of petrosains. Unless something bigger than this happens..