Singapore case got nothing to do with Jared, technax was being short sold by traders based on speculation. the stock price shall go back to normal price 7cent to 9 cent soon.
If this company can continue to report profit in the next few Q then it can be a buy regardless of the NTA. Think it can be a potential play and easily double your returns
You can decide what you want to do. I do not care. I just know the company have started make a profit. That is all that matters for me on what I wish to do next.
I am not a fan of Technax. But looking at the play and pattern, it is a good counter to make some money. You just need not be greedy and to get gain is not difficult for this counter. I can assure you that if you can buy at 5 to 5.5 cts now, I am very sure you can make some money by year end. 10 to 20% at least.
Everyone is waiting for a cheap ticket, to see if a great white shark loses a ticket? The great white shark also wants a cheap ticket, doesn't it? It's just to see when it is lost.
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS TECHNA-X BERHAD ("TXB") - SHARE PURCHASE AGREEMENT BETWEEN TXB AND SARALEANA NATTAYA BINTI AZMI FOR THE PROPOSED ACQUISITION OF 10,000,000 ORDINARY SHARES EQUIVALENT TO 25% OF THE TOTAL ISSUED AND PAID UP SHARE CAPITAL OF MBITS DIGITAL SDN. BHD. TECHNA-X BERHAD
Type Announcement Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS Description TECHNA-X BERHAD ("TXB") - SHARE PURCHASE AGREEMENT BETWEEN TXB AND SARALEANA NATTAYA BINTI AZMI FOR THE PROPOSED ACQUISITION OF 10,000,000 ORDINARY SHARES EQUIVALENT TO 25% OF THE TOTAL ISSUED AND PAID UP SHARE CAPITAL OF MBITS DIGITAL SDN. BHD. Reference is made to TXB’s announcement on 8 February 2021.
The Board of Directors of TXB wishes to announce that the proposed acquisition of 10,000,000 ordinary shares, equivalent to 25% of the total issued and paid up share capital of MBits Digital Sdn. Bhd. has been completed on 13 June 2022, in accordance with the terms and conditions stipulated in the Share Purchase Agreement dated 8 February 2021.
This announcement is dated 13 June 2022.
Announcement Info Company Name TECHNA-X BERHAD Stock Name TECHNAX Date Announced 13 Jun 2022 Category General Announcement for PLC Reference Number GA1-07062022-00042
A cross trade is an investment strategy where a single broker executes an order to buy and an order to sell the same security at the same time. A cross trade is an investment strategy where a single broker executes an order to buy and an order to sell the same security at the same time
Think some sort of an agreement have been made and will provide support around this price. Otherwise why would the debtor accept the offer in the 1st place. But meantime do not expect the price to move too much northwards, otherwise they will dump the 900mil shares and take their money back. Must wait till this batch is cleared first
those creditor so stuxxx to take 4c meh? they take 4c they must earn, one of the creditor is Chan Kok San, who is the current top 30 shareholders of the company. they all took 4c want to earn one, will push up
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 2938 views | 2 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....
Bright888
117 posts
Posted by Bright888 > 2022-06-02 10:13 | Report Abuse
After 8 Qtr results, finally TechnaX got PROFIT!!