1 share = 2 rights --> let say if share price day before listing reach 0.15 --> means price adjust to 0.15/3 = 0.05 nia....so for sure need goring now...point is which price to in and which to out..kekekeke
Do what your guts tell you to do. Always listen to your heart. So for now since the price is still low, buy & hold, buy & hold. Later when price is already so high & start going down trend, you know what you should do, even then you still profit maa...
Keng seng u talked like very familiar with the co...I read thru the circular and I dont find anything that impressive except they wanted to open distribution centers in Vietnam and Thailand..
How profitable will it be? It may take sometime to see....Meanwhile, the additional supply of 200% new shares will surely have some impact on the price comes early May...I doubt the current price level will hold by then..dont get trap at current price level
DGB-OR was last traded at RM0.005 with no buyers and only sellers.If you subscribe the OR your cost is only RM0.11+RM0.005= RM0.115 Seriously, do you think the Boss will let you make such easy money (RM0.14-RM0.145) on early May, together with the 0.75 free Warrant?
UALA LUMPUR: DGB Asia Bhd said its joint venture with Ministry of Finance (MoF)-controlled Rofarez Solutions Sdn Bhd is related to an investment on developing goods and services tax (GST) software, which is expected to bring additional multi-million ringgit profits to the group.
DGB shares rose as much as 2 sen or 16.67% to 14 sen following the announcement of its joint venture with the MOF unit. The counter closed 1sen or 8.33% higher to close at 13 sen yesterday on some 87.15 million shares done, making it the third most-active stock.
Targeted at the oil and gas, healthcare, financial and industrial sectors, DGB managing director Datuk Pang Chow Huat said the biggest advantage of using this new GST software is that it has a direct link to customs.
With that, he said it can reduce the errors caused by the existing manually key-in system as well as reduce manpower of the businesses.
If the deal materializes, he believes the profits contribution from the GST software will be significant as the market is huge. Pang is hoping the group will enter into a definitive agreement with Rofarez within the next few months.
"We still have a few things to discuss with Rofarez, such as the investment amount and equity structure, there is no conclusion yet," he told SunBiz through a phone interview.
"We have to (act) very fast (in order) to help the government to solve the current problem…Some of the people are using GST to cheat the customers, so we've to avoid this kind of problem, if they use our software, it's possible to solve this problem," he added.
Last Friday, DGB entered into a memorandum of understanding with Rofarez to form a joint venture alliance into the business of distribution, implementation and service of the cloud based business solution products to various business sectors.
Pang said he is confident of its venture with Rofarez considering the substantial stake the MoF owns in Rofarez.
Rofarez is involved in the development and implementation of cloud-based business solution, while DGB is involved in the software engineering business.
DGB, which had been suffering losses over the past few years, has returned to the black for the first quarter ended Dec 31, 2014, registering a net profit of RM139,000 against a net loss of RM538,000 in the previous corresponding period.
The software and engineering business is the main contributor to the group's revenue, followed by radio frequency identification (RFID) and other businesses.
yes Kim.....as long as we can achieve our target...is good enough my uncle say.."the Rome empire is not built in a day......." happy Trading and investing
Yes the DGB-OR is pass. It expired on 10th April. I know as I got it and convert it. I also dont know how will it goes, heard that I will get the converted mother share, and free attached warrant on 5th May. This kind of activity usually bring down the share price. I have no choice, I only can wait until 5thMay no matter it is up or down.
come on. 17 April until 5th of May is a long way to go. If you want to hold it for a very long time, then dont buy at this moment. Main short term sudah la.
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 636 views | 4 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 13582 views | 12 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
rockmadhavan
202 posts
Posted by rockmadhavan > 2015-04-16 09:52 | Report Abuse
be careful with this counter, uptrend is strong currently, might reverse suddenly and trap ppl