"proposed to acquire a 76% stake in PT Anglo Slavic Indonesia for rm171 million which is waiting due diligence and is expected to be completed in Oct 2013."
I think Felda is disposing. The reason why its climbing at this slow rate. If they can get a good revised oil deal, could it be also the price will shoot up?
dear chiakgs why do you say so? because the MACD and moving averages look very promising at the time being. The candle today also shows a gap but the long upper shadow may be a bit worrying...volume is very very good..I hope to see better picture tomorrow...can only wait and see for the time being...
looking at bursa today , most of the shares are fast coming down , look like major correction comes sooner than later...Year of Horse , followed by year of uncertainty .
somehow price would have to be pushed to 1.65 to entice private placement takers, and then possibly higher to be beneficial for the new set of investors
All being said, seems right. Just harsh reality, dowj last close will no doubt have an effect. Having a glass half empty seems a good choice since can add more. If we can always maintain this stance, we are always ready for any eventualities, do you guys agree?
Cheat investors saying going into oil business thats why people buy 90c to 1.40. why? If no oil go back to 90c, if got oil shoot to 1.80, so now is 50/50 hang middle cannot go higher than 1.50. Construction company you think become SPSetia overnight? Dont dream. Sell if you can, hopeless company.
99.9% sure the placement and bonus warrant will be approved. which shareholders will want to reject a bonus warrant, moreover placement price is higher than market price by 25cts
the company secured many projects lately, require funding as working capital. millions of treasury shares sold were fully absorbed by big buyers quietly. Read RHB securities recommendations. lots of info there
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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....
Sapphire
1,765 posts
Posted by Sapphire > 2014-01-22 10:29 | Report Abuse
GOOD STORY...BIG SHARK IS DOING CHARITY...GREAT! CONTROL THE COUNTER..UP DOWN SO FUNNY..NICE..