Insider info made public, big shark might want to dump share on retailers. Don't blindly believe those so called insider news. Normal retailers are not able to get hold of any insider news. If like that, everyone can get rich with those so called insider news already. Trade carefully.
insider news my @ss. if got insider news, u wont be sharing here lah. WHAT BENEFITS U GOT FROM DOING SUCH? HAHAHAHAHHA my insider news told me next week i will win toto magnum both grand prize
since the company is doing food production business, recently some area in guang Zhou china has partially locked down, will this bring demand for the company product?
don't sell hold .. wait for the target price at 50 cents. they are pioneers in optic fiber installation via sewerage. this is definitely a back door method for this business to make their presence felt via a Reverse Take Over
Yes . now is the most comfortable time to collect. previously all buy base on news of the acquisition of the new business and expect this to be a goreng counter that will drop to less than 15 cents. that did not happen because of the constant support founded on the belief that the new owner will turn around this company. with a profit guarantee of RM10 million, assume a PE of 5X, the price can easily be justified at 50 cents. Rm10 mil is just the minimum that the new business can bring. averagely it should be able to generate RM20 mil. so do the maths ,, this is not a bet.
fiber installation via sewerage has been considered even before year 2019, there are reasons why it didnt took off. The tech has been available, not something just invented today.
Boon Han don't sell hold .. wait for the target price at 50 cents. they are pioneers in optic fiber installation via sewerage. this is definitely a back door method for this business to make their presence felt via a Reverse Take Over 14/06/2021 7:27 PM
RM10million > they only buy 60%, so RM6million... If assumed 5X PE like you hor.... RM6m x 5 / 562m shares = RM RM0.053
Anyway i talk cock only.... who say PE must 5x? PE can also be 50x, so TP 50c!!!
Boon Han Yes . now is the most comfortable time to collect. previously all buy base on news of the acquisition of the new business and expect this to be a goreng counter that will drop to less than 15 cents. that did not happen because of the constant support founded on the belief that the new owner will turn around this company. with a profit guarantee of RM10 million, assume a PE of 5X, the price can easily be justified at 50 cents. Rm10 mil is just the minimum that the new business can bring. averagely it should be able to generate RM20 mil. so do the maths ,, this is not a bet.
ei..... iseeilaughitalkcock. Give some face pls. I try to sound convincing. Anyway, the 10 million guarantee profit is not just one of their business right? still got other existing businesses which are picking up. u use 6 million also wrong le.. Dont care whether the company owns how percent.. the 10 million is guaranteed le.. not going to reduce to 6 million based on percentage.
Boon Han... So what is your prediction for this company. Would it drop after the meeting scheduled this Friday 25th June...seems like you have good knowledge about this company. Appreciate
this Friday meeting is just a formality only. sure will get approved. look at the future earning of this company. when things are clearer it will gradually climb to 1 dollar. I believe the owner will acquire more new business to ensure the 1 dollar valuation can be achieved. if you want to be prudent, sell it at 50 cents.
this counter is so frustrating to watch... everyday go up bit by bit.. if you are so used to goreng shares, you will vomit blood.. better don't watch it on an hourly or daily basis.
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....
Che115
847 posts
Posted by Che115 > 2021-04-30 09:44 | Report Abuse
it is atmost settled to 0.350