last time ifcamsc in july not much people know it, now everyone know it the price already 10 x,eduspec n systech will be same case also. Who know eduspec will be more than rm1 also after one year. Its business also is monopoly ict education in malaysia and expand to international matket
Eduspec‘s good news start slowly release out and obviously big shark start collecting based on homily software , should collect now if not will regret even next quarter result havent out
normal lo but if u said drop back i dont think so sell so many share price still steady and up comfirm someone is absorbing after research this company thier company market value is 0.40 . Let see another round tommorow
beamillionaire....apa la......taiwanese jual....straight away price drop to 24sen....you ada baca ka dekat bursa announcmnt...chk again when the transaction happened...it was done on 30 jan 2015 la....
how about today 39mill transaction....39mill shares sold and 39 mill bought
Chung is not a director of eduspec. Like you and me, he is just a shareholder, albeit more than 5%. Unlike the CEO who has controlling interest and run the day to day operation, Chung is just a portfolio investor. He bought 5 mil shares on 9 Jan 2015, probably at 25 sen. So it is understandable if he took profit now
On Monday, the ICT education services provider proposed a 10% stake private placement to raise between RM23.75 million to RM35.35 million for expansion and working capital purposes.
Last July, Eduspec entered into an agreement with iCarnegie to be an exclusive distributor of the latter’s products in Malaysia, Singapore, Indonesia, Vietnam, Thailand, Myanmar and Philippines for a minimum aggregate fee of US$21 million over five years.
Their expansion and private placement is a good news, if they no confident sure wont expand yheir business to so many country. Worth to keep and hold at leat medium to long term
In consideration for the rights granted to Eduspec, for each Contract Year, Eduspec undertakes to pay a minimum aggregate Fee to iCarnegie as appended below, and it is agreed that the first Contract Year shall commence on 1 October 2014: USD Fiscal yr 2,000,000 2015 2,750,000 2016 4,350,000 2017 5,400,000 2018 6,500,000 2019 21,000,000 Total
This mean Eduspec has to make RM7m in 2015 to pay t fee to ICarnegie in 2015. The above agreement from Bursa announcement dated 17 July 2014.
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....
john yee
23 posts
Posted by john yee > 2015-02-05 21:54 | Report Abuse
last time ifcamsc in july not much people know it, now everyone know it the price already 10 x,eduspec n systech will be same case also. Who know eduspec will be more than rm1 also after one year. Its business also is monopoly ict education in malaysia and expand to international matket