Metallurgical coke price has hit record high 2017/18 currently. Management stop selling profitable coke company is wise decision which may contribute about 20-30million profit per quarter to technax. (refer past record 2017/18)
Convertible note has 3yrs time frame to convert to mother shares but company acquisition done last year which contribute to profit soon before dilution kick in
refer bursa anouncement above item no 11 (PDF file) clearly stated USD10million invested to increase production by 400-500% for year 2021....cant imagine how share price relecting after expansion exercise completed with significant profit contribution
production expnasion super battery 4-5times + high coke selling price conservatively estimate 40-50million profit per quater which share price 50-60sen is achievable in short period
To state the effect on earnings per share for the financial year ending 31 December 2020. The earnings per share for the financial year ending 31 December 2020 will be improved by 0.25 sen.
This co. keep issuing new shares like kacang putih...see what happened 2 XOX & PDZ after they also flooded the market with hundreds of millions of practically worthless paper...both crashed from 30c to 5-7c LOL
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....
EasyInvest123
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Posted by EasyInvest123 > 2021-02-09 10:34 | Report Abuse
Metallurgical coke price has hit record high 2017/18 currently. Management stop selling profitable coke company is wise decision which may contribute about 20-30million profit per quarter to technax. (refer past record 2017/18)