Just my personal opinion cover with facts . I think this DGB still have room to up because now the DGB price was still cheaper among the penny stock. Today drop is just because of the Banker want to wash out the contra players. My TP for this DGB was still stick on RM0.15. The facts to support my opinion as follows :
1) This DGB itself having a net cash RM28.5mil and this current quarter with affected by MCO lockdown still can making positive result is very impressive.If compare with other penny stock which spike skyhigh like INIX, GETS, KTB ,BINTAI and so on , this DGB is definitely 1000 times better than those paria counter.
2) This DGB company are related with XOX, Fintech , PDZ group. The Director of DGB also holding directorship of those company. Why are so important to DGB??? Because now as we know all the mentioned counter above already spike high , so DGB will be the next within this week or next week start engine again to the north. The DGB company sure will come out some JV or collaboration with ALIBABA or JACK MA in near term since XOX already collaborate with ALIPAY. So, I though DGB will come out some MOU or JV with big giant multinational company to boost the stock price in near time.
3) Compare with other spike high penny stock , DGB consider still very very low because price of DGB for 52 week high was RM0.195 and now only RM0.055. So , DGB was still undervalue in this market trend since other penny stock price nowadays might have strike all time historical high like GETS, INIX, BINTAI.
4) DGB business have related with the digital trade. Still remember end of 2017 , PM Najib launch the digital free trade zone invite Jackma to invest. That time DGB share price spike rocket high . So , I just want to relate that the DGB business are more a less become partnership with Alibaba or Ant group.
Conclusion : According to the current market trend penny stock rotating fry , DGB will be the possible to fry within this week or next week supported with the above facts. So , don't miss the boat. Elder brother XOX , PDZ , fintech already spike high , now is the turn for the younger brother to spike rocket.
Teoritical, it is good but u need to subcripe to the right share. After consolidation 10 to 1 lot, then subscripe 6 right issues, then u get sweatener of 3 warrant.
Ok, base on what beautiful wrote 10 lots priced at LPD 0.07, then 1 lot is price at 0.70. Forget the right issues first. If it is quoted on the listing date price at 0.70 ok. Whatif 0.55, list on the trading day, cry no tears. Like JAG.
Well, you need to decide. Me I want to sell first. Cash is king
Tigerchan sorry..can refer JAG-WB 5th Aug chart... surge from 0.020 to 0.065 & day after surge to 0.100 due to approval of Consolidate proposal on 5th Aug
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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....
shacarlos
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Posted by shacarlos > 2020-08-27 12:40 | Report Abuse
Run... !!!... kekekeke ;-)