Additionally, the project is expected to strengthen Privasia's existing order book, which currently stands at RM50.3 million excluding the contracts. Privasia's share price settled unchanged at 11 sen, bringing the group a market capitalisation of RM67.5 million. Think about it, it's a no brainer at the moment.
Penny stock can get 1.2B contract. Anyone felt this kind of news sounds familiar? What was the end result? Now play "real", not MOU, real contract! But to be frank, end result still the same as "previous counters" who got giant contracts. Run business no need money? Where does money comes? PP 30% + 30% + 30%? Right issue and right issue and right issue? If so good, why price not limit up continuously? Good luck.
Just waiting for the right time before entry. Market is full of uncertainty right now. Recessions and what so ever. But, Priva has been awarded RM 1.2 b worth of contract for the next 3 years from the Multimedia & Comm Ministry. That's a guaranteed income that can't be denied. Good for both short term and long term.
Bro, u need to know how to diffrentiate awarded contracts and tabling of budget. The new budget 2023 that has been tabled has not been approved yet and subject to the new gov. A contracts that has been awarded and if it is aborted, the ministry need to pay compensation. Is it not as simple as just aborted a certain contract. This is a contract, not MoU..
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....