dun risk your money in counters with poor fundamentals. Like what feifun said.. no future earnings. Price can go up fast but can also crash faster... my two cents..
With cash per share around RM0.93, it does not require a rocket scientist to recommend "Buy". The ongoing geopolitical crises presents a golden opportunity to collect at the present price range.
min35. I run awal-awal lagi. Accept the loss with open heart. THe market is unpredictable for awhile. Dbhd stop shooting up. Ecowld stopped also. Dsonic, IRis, all gone. No safe one, unless you're an long term investor. You're better accept some lose and wait for ipo round later.. Boustead plantation and ICON offshore awaits you. email me at redwed@gmail.com. i'll show you how to buy ipo through Cimbclicks, maybank2u and atm or just google it~
The charts and selling pattern sure does show some irregularities. Will keep and eye and jump into it as well. Its funny this lousy company has been registering losses. Now with a q1 of 40+ m. No reward for shareholders. ??? So shitty men.
Shareholder oppression occurs when the majority shareholders in a corporation take action that unfairly prejudices the minority. It most commonly occurs in close corporations, because the lack of a public market for shares leaves minority shareholders particularly vulnerable, since minority shareholders cannot escape mistreatment by selling their stock and exiting the corporation.[1] The majority shareholders may harm the economic interests of the minority by refusing to declare dividends or attempting a squeezeout. The majority may physically lock the minority out of the corporate premises and even deny the minority the right to inspect corporate records and books, making it necessary for the minority to sue every time it wants to look at them.[2] An important concept in law pertaining to shareholder oppression is the "reasonable expectations" of the minority shareholder.[3] The "fair dealing" standard is also sometimes used by courts.[4]
nice one. in boleh land we still have the MSWG.......read below or subscribe and lodge a complain
MSWG has a charter under its Memorandum and Articles of Association, which spells out its objectives as follows: • To become the forum on minority shareholders experiences; • To become the Think-Tank and Resource Centre for minority interests and corporate governance matters in Malaysia; • To develop and disseminate the educational aspects of corporate governance; • To become the platform to initiate collective shareholder activism on unethical or questionable practices made by management of PLCs; • To influence the decision-making process in PLCs as the leader for minority shareholders legislative rights and interests; • To monitor for breaches and noncompliance in corporate governance practices • by PLCs; and To initiate, where appropriate, reports to regulatory authorities and transform MSWG • into an effective deterrent of such events or activities that can work against the interests of minority shareholders.
VISION:
To be a recognised and respected organisation in promoting corporate governance through shareholder activism.
MISSION:
To increase sustainable shareholder value in companies through engagement with relevant stakeholders, with a focus on minority shareholder interests.
Minority Oppression... Yeah, remember this during my law classes years ago. Hopefully MSWG does their work. Anyway, will surely buy more today... Cash rich, Company sure won't close shop. IF close shop, cash return to us... Watch the buying today la...
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Posted by SJaladdin > 2014-01-21 10:47 | Report Abuse
aiya stupid stock!