a wise long time millionnaire investor recently said, never condemn a stock you are in or thinking of going into. Being pressed down for collect. near term tp 0.85 possibly .20 mid term
I AM NOT PROMOTING. I am not in either. Just curious about the movement.
this is in reply to Orson Chin's query. Use your own discretion. <begin quote> 29/8/2013 Compugates: Compugates Holdings Bhd is close to inking a deal with a unit controlled by Tan Sri Halim Saad. If it goes through, the deal will see Compugates venturing into the property development business.
Compugates has revived a plan to develop some 40.47ha in Dengkil, Selangor. Since 2009, the company has been planning to either sell or redevelop the land.
In 2013, Compugates has been on a spring cleaning exercise by selling its stakes in rival listed entities such as Menang Corp Bhd and ETI Tech (M) Sdn Bhd, which helped the company book a one-off net gain of RM872,780. The company also revalued its landed assets in 2013, which rang up a surplus of RM100 million. This helped increase its net tangible assets to seven sen in the last quarter ended March 31 2013, from four sen previously.
Compugates is a distributor of consumer electronics which has branched out into the distribution of green energy products, agriculture and timber concession, and hasa presence in Malaysia, Bangladesh, Indonesia, Cambodia and Singapore
What does that means? Purposely push down the price to collect more before hike up, just like TMS?<end quote>
4sure in coming weeks there is some surprises !!! Directors are BUYing tons between 0.055 to 0.06 ....... bless me either way , got some over avg of 0.058 ish & now dreaming , ha ha
I bought at 0.06 too~ hard to say but base on the situation it might be. The possibility is there. Anyway, collect now shouldn't be a problem and if come to worse you only lose half a cent I assume. I'm gonna keep it till the end of the year to see any news of new projects acquired. Cheers!
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....
tomwah
1,599 posts
Posted by tomwah > 2013-08-29 19:52 | Report Abuse
wait for ,04 tomoro