KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
Debt free counter….but need more O & G business with Bank deposit of nearly RM61 million ..more than market cap of only RM34.882 of 581.67 million shares at 6.5……buy
Of course, we all small fish will hope god (operator) will move up the price. Small fish can't do anything but with sense of feeling swimming together with the big sharks.
What I heard is Sarawak Premier son Abang Abdillah Izzarim Abang Abdul Rahman Zohari buying stake in PDZ. That why share price suddenly up before market close at 12.30pm.
PDZ hit 8sen. Market talk Abang Abdillah Izzarim Abang Abdul Rahman Zohari buying. Dun know true or not. If true, i think can easily goreng to 20sen just like MINETEC.
Announced EX Date Subject Ratio Offer 27 Aug 2021 30 Sep 2021 Rights Issue (warrant) 6.0000 : 1.0000 0.1400 27 Jul 2021 09 Aug 2021 Share Consolidation 1.0000 : 10.0000 20 Dec 2017 03 Jan 2018 Rights Issue (warrant) 2 : 1 0.1000 View 17 Nov 2017 29 Nov 2017 Share Consolidation 4 : 1 View 13 Nov 2007 23 Nov 2007 Others 10 : 1 View
Multi year losses 9 out of last 10 years of annual losses !!!
Expect directors to restart and continue massive fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc
Expect NOSH to increase and shareholder equity % and EPS to be diluted with massive share issuance in near future
================== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance to PP, ESOS, RI , asset acquisition, etc
=========== Expect Cindy Kate to play the price to attract & trap newbies, punters, fomo oldbies etc
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Posted by Datokim > 2023-11-06 15:31 | Report Abuse
Keep accumulating...