I prepare to ride out the storm.That only substantial.Me not to worry.If its continue down,the company will be taken private.Please use logical thinking.
Its a possible.Its depend on what price u buy.If preety high then I cant help.Its already 90 percent over % discount from its high of Rm 1.50.And over 82 percent from its NTA 66 cents.U all guess.
If Wht I say true,either that form send to u agree or not.Agree sign the form.Other way let say its offer at 23-25 cents as example sell at near that offer price at stock market.Case close.Its possibility.The 3 funds above not stupid.
1. many stocks are trading below nta price. example nylex nta 1.87 and share price 0.535 2. a stock that plunge almost 90% from high is not discounted but a downtrend company.. this company land reclamation project fail like mad ... you need a strong news to push the price up, example mudajaya power station in india. the price up from 0.15 to 0.5 3. PNB,Tabung Haji,EPF have fund to target potential company like Benalec - no fund will buy a money losing company ! 4. no boss will privatize a money losing company !
Believe on me.I see the FA when do TA.The debt supported by assets.If no,I would throw away.Dear,please my last battle was defeated Rakuten(international company) in Sealink.Lol.
Posted by Michael Kwok > Feb 28, 2020 9:36 PM | Report Abuse X
Please see the last 2 quarter result.Gross profit margin increase to 30 percent from 20 percent.Got 240 million revenue not yet recognized.The large losses due to impairment of assets of 22-26 millions for the last quarter.Impairment of plant,property and equipment 12 million last quarter.
@Michael Kwok could you be so kind as to share when you bgt, so small fish like me can avoid the trap nxt time, tq in advance for your good deed. (was it false breakout on 2/1/20 ?)
Dear,u see how many right?All no.Some yes.But I do not put big times money yet(which on 6 figures).These small figures only near 50k due to bargain of shares which involve Benalec 16 cents Worth 25k(which i admit little bit high to buy).Netx at rm 10k at 2 cents,VC 8 cents at rm 13k.
I have nationalist heart,where I do not throw the stocks Eventhough its down.Not because I do not know.Lol.Confident 6-12 month will reach my target of above 30 cents.
I buy base on TA and futures potential.Singapore lack of land.Who to turn to???Benalec.Its almost 90 percent discount out of NTA 66 cents.Potential get privatized and takeover by big fund.Please use ur head again.I bought at 16 cents without Worth rm 25k,But not Even shivering.
@Michael Kwok relax lah, i'm sure your other wins much more than the small paper loss of rm5.2K, its chicken feed la. give some time to your new govt. to start work, they will surely come to rescue you, know you are loyal to them maa..
Im happy to get So many cheap sales in Bursa.Only use 48k only.Not Im buying with big up turn (overbought for a while in Monthly chart).Better than buying 4d.
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benteo78
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Posted by benteo78 > 2020-03-04 22:32 | Report Abuse
share got suspended