He want to control Msports. Now own about 10% stake slightly less than Mr Erwin and founder Lin HuoZhi. If he buy another 2% he will take control. Perhaps he is eyeing Msports cash hoard over 60 sen? Check Mr Paramjit background is a lawyer. So he can sue Msports auditor and Lin Huozhi if find Msports cash balance untrue once he in control?
Posted by flyup888 > Feb 23, 2016 11:39 PM | Report Abuse Mr. Paramjit Singh Gill bought so much for?
Chinaboleh, even if he cant get the RM370 million cash hoard, the factory and land alone easily worth more than 20sen / share. Since MSPORTS do not have much debts, its a net gain of few folds for sure if take over. Lin HouZhi will soon hit panic button and start taking back the share from the market.
rockyleft, as usual.. when cheap people don't want to buy and keep. They wait until it has gone up few folds, then only chase at higher price. When suddenly correction time, when rally stops.. they panic and cut loss and start cursing China company tipu and etc.
it will happen, just wait... if cannot wait just take 0.5sen profit like the other fellow, I am not going to let go this opportunity with such a small gain. Just go and look at KLSE announcement again, Paramjit is still buying MSPORTS.
kikiki'..hold tight tight ah, dun follow me ah... I no power to hold, so I release la... rocky, still holding tight?....hehehehe' I'm looking for new chef to cook la...
Those not interested no need to come here. Paramjit Singh is the happiest man to buy from all those who sell cheap due to i3 members "experts" comments.
as for kbunai, I was just stalking calvin, I am not interested in kbunai at all. I see great value in MSPORTS. Why do we buy shares in the first place ? we want to make money, the more the better and that is exactly what MSPORTS is going to give me.
There will be a tussle for control soon . I wish Mr Erwin & Mr Paramjit will combined and take over the company . We, the minority share holders will support u. This is the only way the share will move North. We are being play up by Mr Lin. U see ,he exercise Esos share at 11 sen & then sold at 4.6 sen average. He not fit to be Msport Boss. Don "t u i3investors agree?
If Lin(so call genius) sell again he will lose control w/o others buying. Is that what he want?
Posted by malinfan > Feb 24, 2016 02:18 PM | Report Abuse Mrket slump, reserve some bullet to buy back @4.5sen/5sen ... who knows dat genius will sell down again...hehehe'.. ok> be patient, I can wait..
If I have RM 4 million cash I will also takeover Msports and not depending on others to do. When become boss I have power to decide my own salary(if declare RM 2 million a year who can stop me) and what to do with Msports cash.
If I have RM 4 million cash I will also takeover Msports and not depending on others to do. When become boss I have power to decide my own salary(if declare RM 2 million a year who can stop me) and what to do with Msports cash.
Investors maybe fully invested or maybe very cautious after reading article by our local fund manager Mr TTB. that global recession is coming next year or so. making a lot of investors worry.
By looking at our country scenario & Oil crisis globally plus etc.... , I think what Mr TTB said may be likely true. We better cautious, if not we were not only lose our shirt but also underwear.
Paramjit was still increasing his MSPORTS yesterday. Today probably he just parked there waiting for weak holders to throw. Hopefully tomorrow he will continue to increase his stake and sooner or later Lin HouZhi will panic and starts to buy back shares.
if company encounter problem, lin could easily push up shares price and escape and dont have to reduce par vallue n ran at much lower price,his intention is to get back the company at 2000 percent discount
When MR Lin announced that he exercised his ESOS at 11 sen , a lot of punters went in around 9 to 10 sen ,some perhaps using margin to buy . Instead of going up , MR Lin sold down to average 4.6 sen, create panic, thus margin called. If I am not wrong Mr Lin is in cohort with the syndicates to push down the shares to buy more than he sold. Openly he said his shares now 11.45%, but in actual fact more that. So taking over is not that easy. There is many layers to it. But if Mr Ewin & Paramjit willing to offer just said 40 sen, I think , a lot minority N substantial share holders willing to sell .
Many have been warded in hospital (ICU) when the price slump from 8¢,7¢,6¢. even when Mr Genius... pushed further down to 5¢ - 4.5¢, most can only watch and having nightmare in the middle of the night. How many of us like our Mr Show, who can (still) borrow his (coffin) money and jump in? As for me, I've only 4 pcs of rotten plywood, which dun worth any $$$.... Happy trading pal .... hehehe'
There is a possibility of greenmail target. High potential to go up. So don"t wait while it is dirty cheap. They is a malay song Jangan tunggu lama2 nanti di ambil orang .
Are you kidding ? You just want to recoup losses ? It is better hold on a while more to make big profits instead. We are in the stock market to make big money, not to "recoup losses".
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....
malinfan
698 posts
Posted by malinfan > 2016-02-23 15:13 | Report Abuse
funny!..... when smart guy buying 6sen, one genius sell 5sen......