Most think rich people, more so those in shares dealing, are generous people since they got so much money, buying-selling shares at least in millions, so what is that of hundred or thousand to donate to those poor people... Sorry, no such thing.... go to earn yourself...!
Company direction & focus should be on expanding business, not focus on how to issue & raise money from shareholders. Coz there are many company keep on issue rights, warrants & loan stock but business every year in red.
Present price is quite attractive as you buy 1 unit at RM0.415 then you get RM0.50 cash ? This is a net cash company but quite confuse this company is still go for ICULS. May be this new management has some plan or business venture is on the way .
YB Venture was a little rash in this acquisition activity, which may have something to do with their previous acquisitions being too smooth, causing them to inflate their mentality.
On the one hand, we should contempt the enemy in strategy; on the other hand, we should think the enemy seriously in tactics. This is important.
1. Do you really know how much Prolexus directly and indirectly controls?
2. How much ammo does Prolexus have in total or how much ammo can be mobilized to do this defensive battle, or even counter snipe you. Do you really know？
3. The stable operation mode is to collect silently through several accounts, but do not exceed the specified %, so as to avoid being noticed, and then attack and occupy the city in one fell swoop. Let them completely unresponsive time.
Actually, they really don't have any vigilance, and this is where they fail the most, especially since I have already warned.
You've already won three directors seat, but if you don't win a majority of the votes, it's for nothing.
And don't think that you can get quit so easily, you will be severely attacked, much more than just losing the shares you bought in Prolexus once you lose.
But the premise is whether Prolexus knows how to operate. Depends on whether your opponent is it smart enough？Then, he gains more than just repelling the acquirer.
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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....