Pls AVOID this CON COUNTER!!! No explanations required. All are in cohort with the authorities & regulators doing this scam at the expense of INNOCENT retailers/new bies!
Matrixqc, Bank FD is so low. If you have bought at RM0.035 back in June continue to hold. Once announce purchase of factory (Within 6 months from RI) for glove price will jump up. With cash RM184M don’t think Sanichi need to do PP within the next few months.
Sanichi current Total Assets RM461M Total Liabilities RM81M Net Assets RM380M Cash & bank balance RM184M. Sanichi at RM0.03 market capitalisation only RM42M. If somebody were to put in RM40-RM45M may be able to gain controlling interest of a company with cash RM100+ M & net assets of RM300+ M as substantial shareholders hold less than 10%
Despite the COVID-19 pandemic and current tough business environment Sanichi is able to make a profit and best of all to be cash rich which is very good. There is no justification for Sanichi market capitalisation at RM49M when total assets is RM463M. An investment company is saying Sanichi has positive outlook.TP RM0.20+
Mind boggling. Make Profit. NTA 26 cents. Fixed deposit in Bank is 121M. Cash in Bank is 51M. 52 week high is 40+ cents. Why trading at 3 cents when the rights issue was fully subscribed at 8 cents
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....
Bgt 9963
7,445 posts
Posted by Bgt 9963 > 2021-09-08 16:32 | Report Abuse
Selling snake oil...