The ulterior motive of RI is not to raise fund but to discourage minority shareholders to take up the right, so major shareholder Mayland can increase her stake to above 50% through taking up the unsubscribe right issue left by minority shareholders by excess application.. the choice is yours ....infact Mayland has done it once in 2013 during right issue of LA..
ROCKET UP is strong trace , famous steering funder is monitor closely this stock , heard will be next bright stock in future , transparent stock in bursa .
This good counter is good ? During good time last few.year property booming , very less dividends declare . This two year hold plenty of cash , but again buy land and borrow money from shareholder , only know how to borow money from share holder , from 67 cent last two year drop until 30 cent , now climb a bit to 33 cent ..no winder most fund manager Don invest even low pe.. Cheap doesn't mean good ...
narrow thinking , if me , i think even ahead , this call excellent managerial , huge project with big capacity liquidity in hand to develop , where earth company so transparent , every single things keep inform shareholder , i kike the way the CEO steering the whole plan , he is doing his great job as well , i can tell you guy , not once in bursa so far practice the clean and transparent approach , since i am 35 years in market , i admire his fantastic handling , bright and famous in region is just a tiny things , according the performance lately , crowded with potential golden triangle project , cost 1.6 billion , it even break the country construction record , project on time genius awarded , salute and respect , thumb mother finger up to it ( OUR L&G )
Sorry to say , today performance too bad coz by the new US president savage wolf first day on duties , whole region in sad mood .OK , after today , compulsory wave like not tomorrow , horse continue run , dance continue practice .
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cytew
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Posted by cytew > 2017-01-08 07:56 | Report Abuse
21 sen