We need to hear from someone whom attended the AGM to provide further details. All I knw is that the buyers are still collecting and even after the mtg it held on... This only means one thing... Some ppl , some smart investors got some sort of insight and is not sharing.... Wanna makan for themselves.... Not many sellers, they que the buyer allows them to build up, then mops up within the planned range
Money&honey : with that hoard of cash, become chettiar la... Apply for money lenders licence, can issue yearly dividends of 8%...like RCECAP or ELK.... Maybe some along target to buy in for this reason.... Hahaha
You sold at 48.5 that day. So, today everything about PinePac is bad as heck huh.
Then you get yourself fully reloaded again at 45.5 today.
Then, starting tomorrow or Friday, everything about PinePac is going to be full, complete hunky dory again. From your all mighty, all knowing perspective, at least.
TDM is quite solid and has a diverse income stream from healthcare too. All it takes is for palm oil to stabilise and you will see good profits coming back. Pinepac is obviously in a reset mode with a clean balance sheet. You don't even have to consider it as a palm oil play as they need to find a another income stream. In fact they are forced to by falling into the affected listed issuer catagory. This means that the board has to make detailed announcements and work to find a business venture which can provide a steady revenue and profit stream. So they have choices. Even if they apply for money lenders licence and offer agro SME loans, they could do so... Or find and build a trading venture or fintec... Etc... Got capital why worry. And best is that others are also eying the counter.. Make your own choices and live with it. Contra players and small talk not gonna keep the real investors out. Like I said, someone is buying and someone has a plan... We just don't know who and what...
when o and g theme is on even shits like knm n armada can become gold,only the blind cannot see it....pinepac can remain in oil palm,it can choose not to,85 yo will not be there forever...only the blind will use past records to judge a company...ever heard about frontkn?how was frontkn records 3 yrs ago?
Let's see if Mr pac man starts his game after lunch. Let me add another case of an aneneh counter.. Hibiscus. Shit showing after listing and suddenly on day after I bought enough at 28sen, it woke u and kept moving till rm1. Counters are like the jackpot machines in genting... U don't knw if its gonna eat you or pay you... Hahahah
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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....
JSoang Ooi
641 posts
Posted by JSoang Ooi > 2019-12-02 19:59 | Report Abuse
no SD.. lols