DGSB will always depend on Omesti. If they are willing to dispose a little bit more of their stake...there could be some light at the end of the tunnel.
For now, let's wait for the whale...'Sharks' are scary... Whales attract visitors...:)
What’s cooking in penny stocks TheStarSat, Mar 25, 2017
So what’s cooking?............................
Now, the latest batch of stocks being “peddled” by financial blogs and social media are those perceived to be beneficiaries of the Digital Free Trade Zone (DTFZ) where Jack Ma’s Alibaba will have a presence.
Prime Minister Datuk Seri Najib Tun Razak and Ma launched the DFTZ on Wednesday, which is expected to generate trade worth US$65bil (RM286bil) by 2025. It is expected to double the export growth of small and medium businesses by 2025 and create 60,000 jobs. It will also create a new Kuala Lumpur Internet City to house 10,000 Internet firms and 25,000 tech professionals in Bandar Malaysia.
Using these big numbers and the China factor, blogs have started talking up the likes of Dataprep Holdings Bhd, GHL Systems Bhd, Rev Asia Bhd, Cuscapi Bhd, Malaysia Airport Holdings Bhd, AirAsia Bhd, DKSH Bhd and Tropicana Bhd, among others.
The share price of Malaysia Airports Holdings Bhd (MAHB) going up isn’t all surprising.
MAHB will be teaming up with Cainiao Network, the logistics arm of e-commerce giant Alibaba Group where both companies will develop a regional e-commerce and logistics hub in the KL International Airport (KLIA) Aeropolis, as part of the DFTZ initiative.
This is not to say that all the thematic stocks that have moved up sharply are absent of fundamentals, but certainly the element of speculation is huge.
One of the sharpest rise was seen in business process outsourcing solutions provider Efficient-E Solutions. Its share price went up 72.41% or 21 sen in one day to 50 sen on Thursday. It was also the most actively traded counter of the day with 208.04 million shares being traded.
While it is true that Singapore Post Ltd is the largest shareholder in Efficient E-Solutions with a 20.8% stake, and in turn, Alibaba Investment Ltd has a 14.41% stake in Singapore Post, nonetheless fundamentally wise, nothing appears to be happening within the company.
It remains a loss-making company, posting RM10mil loss for its financial year ended Dec 31, 2016 from a previous net profit of RM44mil.
Meanwhile, companies like Cuscapi Bhd and Rev Asia Bhd are riding on the DFTZ wave by virtue of connections.
For Rev Asia, the link is through its parent company Catcha Group, which has been chosen to be the master developer for the Kuala Lumpur Internet City, a component of DFTZ.
It is also uncertain how software solutions provider Cuscapi, which is primarily involved in business management solutions software for the food and beverage industry, will benefit from DTFZ.
The company, however, posted a widening loss of RM36mil for financial year 2016, from a loss of RM24mil the year before.
Perhaps the most drastic of all moves are that of little Dataprep, which has seen its share price run from 25.5 sen on March 15 to reach its high of 65 sen on March 23. It has also been on a phenomenal run. At its last price of 62 sen, the stock still only has a market capitalisation of RM259.2mil.
The main reason being touted for Dataprep’s rise is because its owner, Tan Sri Lim Chee Wah, the son of Genting founder Lim Goh Tong, is a major shareholder of the 20 billion yuan (RM13bil) Genting Secret Garden Resorts project in China.
Genting Secret Garden Resort is an all-season holiday and skiing resort, which will be an important venue for the Beijing Winter Olympics 2022. It is located at the outskirts of Zhangjiakou city in Hebei Province.
The price is rising because Dataprep is Lim’s only Malaysian-listed company. His other private vehicle, VXL Group, is also a major investor in Secret Garden. There are now rumblings in the blogs that there could be a potential transfer of assets and Dataprep could be a beneficiary
yes mazda 626, I admid I did said be patient for this counter as this is one of my favourite counter so far, and I manage to sold before dgsb went to pn3, again, I bought again after the company got gn3 because I know it must be released from gn3 as the company is healthy. so far I already gained few rounds of profit from this counter and I am still positive to this counter!
mazda626, I know you also support dgsb been quite sometimes, but I really don't appreciate your attitude now because I know you already sold your shares at 0.04 and you feel unhappy now, don't judge other people when you are unhappy to certain counters,
nobody is affecte3d by your comments mazda626, people only feel funny when someone holding a stock, they say it is good, when they sell it, they said it will go down lolz
So for BB to distribute their part is that a good news or bad? Like will it affect this counter? Sorry I am new so have to seek some advice. Hope some kind soul will explain it to me. Thanks.
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....
lextcs
1,961 posts
Posted by lextcs > 2017-03-23 11:54 | Report Abuse
u r right...leprosy center this dgsb...me aso kena kuat kuat...cut all the limbs away....hope will be like terminator kaki grow back