RA need more partner to bag higher chance securing larger project - expansion in due diligence, some price adjustment may occur in short term, fundamentally it's reshaping
the Water Flow-Chart may have given some clue here, the overview is such:
Money flow in to RA, Money flow out from NN A.A.R: RA will have sustainable capital to overcome the current high floating condition, and looking at most stock prices no longer fair price to deal in most sectors
Msia index has been all time high + Fed tappering practices in due, if you still have bullets in hand, pay some lots to commodities-based sector/asset, the dragon shall wake up from its winter sleep soon and revamp on early mid 2014
Par value is just a surface valuation from issuance, stock recorded in an account separate from the amount received over and above the amount of par value
scenario 1, flash away those stubborn seller to sell. scenario 2, Delisted.
From my experience 1st scenario has more chance cause RA just start making profit and fund has been raised to pay debt through private placement. Thus, company should be ok. If my guess is right, this time it gonna break 0.070. Collected @ 0.040 just now.
Jerry, u managed to grab at 4 cents today? Lucky u. I also want to sell at 6.5 cents~ "Big loss" seem so serious, what price u bought last time? 16 cents in 2011?
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....
Jerry
1,895 posts
Posted by Jerry > 2013-11-26 19:54 | Report Abuse
proposed par value reduction, private placement... hrmmm got good news and bad news