No wonder la. Today they issued new ESOS shares 276,655 lots to dilute our shares value again. Pity us. Cannot do anything. We better wait it goreng sampai 0.050 first.
After 3:1 consolidation just how many days ago??? Now they issued new shares again. This is the games they played round and round. Issued enough shares already in the market then consolidate.
RAPID LOA to Asiabio worth RM220mil over 30months, divided equally is RM7mil per month Currently the revenue is about RM 0.6mil. Now: RM0.6mil+RM7mil = RM7.6mil.
KUALA LUMPUR: The central bank’s foreign reserves have resumed an uptrend as foreign investors turned positive on Malaysia says UOB Bank.
The ringgit has also stabilised and this helped to reaffirm the macro stability, commented economist Julia Goh.
“Malaysia’s foreign reserve in Bank Negara Malaysia is a barometer of confidence as it reflects the country’s war chest to defend against external shocks.”
Foreign reserves rose US$1.9 billion to US$98.0 billion as at end-May, marking the highest level of reserves since mid-November 2016.
Sentiment on the currency also turned positive after BNM’s slew of measures, namely latest liberalisation of bond and foreign exchange hedging measures, favourable domestic macro conditions and improved earnings, and softer US dollar outlook.
“Malaysia remains compelling amid expectations of further ringgit gains and relatively attractive yields.”
She said there were earlier concerns that the central bank’s net FX short position has widened from US$2.8 billion in October last year to US$19.1 billion as at April this year.
BNM’s dollar borrowings via FX swaps is not new as they have been used since 2003 as one of the several tools to manage domestic liquidity, she explained.
“It is a widely used instrument among central banks with some having up to 50 per cent of their reserves in FX swaps.”
BNM currently has less than 20 per cent of reserves in FX swaps.
“In any case, we continue to see strong domestic institutional support for government securities with
the Employees Provident Fund (EPF) holdings of Federal government securities rising RM7.8 billion in the first quarter, a move which has cushioned the foreign selloffs.
The improved export outlook and commodity earnings recovery will help buffer the current account surplus.
The Institute of International Finance estimates non-resident inflows to Asia’s key markets (India, Indonesia, Korea, Malaysia, Philippines and Thailand) surge to US$200 billion this year and next from around US$100 billion in 2016.
AsiaBio must decide whether to really do business or speculate in shares,money lending through their AsiaBio Capital. Investors have no confidence in their scam JVs anymore,,,
Callme777 and UMA, u two idiots dont have to send false alarm to trigger the newbies to this counter to sell off their shares. Are u two dickheads waiting to buy at lower price? If u two dickheads dont believe in this company or simply hate this counter for watever reasons, u can stop typing your personal comments here. Everyday bark non stop like mad dog, u two idiots must be damn free.
Callme777you are right The ESOS really spoiled the market, if weren't for ESOS, today price sure fly. However this company has a really good future prospect.
Are UMa and callme777 a same users or same person? It's no point for people to keep criticized one company that the person with no interest of buying or selling of these company? Damn free ? I believe with recent prospect of asiabio.
If thus company is trying way out to make profit, planing and inplementing a lot of future contact such as promoting halal food to global, acquisition company, share consolidation, and also recent 220m contract. For esos, company valued their employee. Just my point of view
The stock has been bounded in a range. The upper bound is 0.22. The lower bound is 0.18. Look at a one month price graph. You can get more than 10% profit if you use the fact.
The Board of Directors of ABT is pleased to announce that its wholly-owned subsidiary company, Asiabio Capital Sdn. Bhd. (“ABC”) has on 3 June 2017 entered into a Memorandum of Understanding (“MOU”) with Hong Kong YRZC International Group Co, Ltd (“YRZC”), Shan Xi Hong Hui Food Limited Liability Company (“SXHHF”), and Shan Dong Wang Jia Yuan Zi Halal Food Brewing Co, Ltd (“SDWJYZHFB”) to form a collaboration between Malaysia and China to produce and export Halal-certified food products to global marketplace. http://www.malaysiastock.biz/Company-Announcement.aspx?id=978549
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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....
kun1971kun
1,211 posts
Posted by kun1971kun > 2017-06-08 15:44 | Report Abuse
I'm trapped