forget about how the deal is structured .... the entire corporate exercise is screwing up the minority shareholders .... i believe all the placement shares goes back to their cronies/nominees. placement price is lower than current market price (+ loads of FREE warrants as well). of course retailers could look forward to the GORENG once the shares are placed out ..... keep your fingers crossed.
Ecofirst Consolidated (ECOF MK) Technical BUY with +22.0% potential return Last price : RM0.295 Target Price : RM0.340, RM0.360 Support : RM0.275 Stop-loss: RM0.270 BUY with a target price of RM0.360 with stop loss placed below RM0.270. ECOF’s share price has been consolidating within the “rectangle” pattern, moving within RM0.275- 0.305 in the last 13 weeks. With ECOF trading within the “cloud” since 28 Mar 14, we expect selling pressure to have eased gradually with few notable spikes in trading volume for the past three months signalling an accumulation in progress. However, a bullish crossover between +DI and ADX suggests a potential kick-start of the new uptrend. A breakout above RM0.305 should spur a new up-leg in the foreseeable future. As such, we peg our medium-term target at the 1.38x Fibonacci extension level of RM0.360.
revenue for 2014 feb is only RM 5137 but profit is RM 11404 ?? anybody know how they get so much profit in others operating income (RM 18734 ) any comment??
did anyone notice that Mr. Yu who buying hlcap and make it price shoot up, is buying pmhldg now? u can easily find out from pmhldg latest annual report, why he suddenly interested on pmhldg?
Yes,with share partner Uda and Epf.My 2 cents views By then eco wil raise fun from share holder to invest in this mega project which woth estimated rm5 billion.
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....
aaj9393
140 posts
Posted by aaj9393 > 2014-04-22 13:09 | Report Abuse
can never touch 30cts. very boring.