U need instution buying to push price up,but now insvestors staying sideline waiting electiom results so another 6month wont be any movement in price,may be drop to 12cents
greedy44 Just for sharing....good prospect company with lots of cash in hand.
The Board of Directors of Asia Bioenergy Technologies Berhad (“ABT” or “the Company”) wishes to announce that its wholly-owned subsidiary, Asiabio Capital Sdn. Bhd. has on 15 September 2017 acquired 75,100,000 shares of Mlabs Systems Berhad (“MLABS”), representing 13.16% equity interest in MLABS, via the subscription of the rights and excess shares of MLABS at an issue price of RM0.15 each (“Shares”) for a total cash consideration of RM11,265,000 (“Consideration”). Pursuant to the acquisition, Asiabio Capital Sdn. Bhd. will also be issued 37,550,000 free Warrants B of MLABS. 15/09/2017 21:35
I bought in 2014, tat time is quite high, i start averge down last year before cons. Almost 3 yrs already but i am still confident this stock is a gem. I might be wrong but i jz take it.
Pursuant to Rule 9.20 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, Asia Bioenergy Technologies Berhad (“ABT” or “the Company”) wishes to announce that as at 19 September 2017, the aggregate value of quoted securities disposed by Asiabio Capital Sdn. Bhd. (“ACSB”), a wholly-owned subsidiaries of the Company, that is principally involved in the investment in marketable securities, that has not been announced for the preceding twelve (12) months has exceeded 5% of ABT’s latest audited consolidated net assets as at 31 March 2017. The details of the investment in the quoted securities are as follows:-
Investments in quoted securities as at 20 September 2017
- Total Cost
63,262,676.60
- Total Book Value
105,802,665.60
- Total Market Value
105,479,090.40
d.
Net profit arising from the sale of quoted securities by ABT Group during the current financial year ending 31 March 2018 (Sales proceeds less investment cost and incidental expenses)
Asia Bioenergy Technologies Bhd (ABT) has sold its entire 8.9 mln shares (or 2.33% equity stake) in T7 Global Bhd for RM3.7 mln. The shares were acquired for RM3.2 mln previously. Subsequently, the disposal proceeds will be channeled back to its technology incubator funds, which will be used to fund future investments within three years. (The Edge Daily)
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....
baskoro1965
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Posted by baskoro1965 > 2017-09-01 09:19 | Report Abuse
U need instution buying to push price up,but now insvestors staying sideline waiting electiom results so another 6month wont be any movement in price,may be drop to 12cents