I don't care how or what others might feel about sharing perspective, invoking some train of thoughts to question illogical directions or understanding bizarre resolutions. To share kindness is a divine gift and a virtue to spread truthfulness. I know since I have always been on the receiving end.
Don't dare speak with ill intends, but only say "the whole Truth, nothing but the Truth, so help me God"
And don't cause harm, damages and irreversible destruction to others INTENTIONALLY.
News. Nov 17 2020 Generex signed statement of work (SOW) # 2 with CTL to conduct FDA requested lab testing Nov19 Generex signed a work order with Polypeptide Lab to manufacture GMP grade li Key vax 4 the Corvid 19 progm. Nov 25 signed work order with Covance to conduct preclinical animal immunogencity studies 4 the Li Key vax prog. Milestone on Jan 2021 development on human trial.
Dec 7 signed a contract with Patheon, by Thermo Fisher Scientific to provide manufacturing n fill/ finish services for clinical supply of aseptically filled li key -sars Cov2 vax Sterile Liquid Vials for a phaseI/II study The blood sceening program isbeing conducted throught s research grant to the Univ of California San Diego and the n antibody testing a a commercial contract Scripps Institue that provides convalesent Covid 19 patient samples n antibody testing n a commercial contract lab CTL that is conducting T CELLS assays of immune modulation. This work will support the filling of and IND with the FDA for human clinical trial .
The second largest shareholder of Bintai Kinden Corp Bhd, whose share price has seen a roller-coaster ride this year, has sold its entire stake of 50.03 million shares or 14.4% interest in the engineering and construction group.
Nusankota Development Sdn Bhd disposed of its stake in the open market on Dec 16. It acquired the stake for RM10.01 million back in March 2017, through a share swap by way of allotment of shares for the acquisition of the entire 100% equity interest in Optimal Property Management Sdn Bhd by Bintai Kinden. Assuming that Nusankota Development sold the 50.03 million shares at the Dec 16 closing price of 86 sen per share, the total selling price of the stake would be RM43.02 million.
Interestingly, on the same day, Bintai Kinden's largest shareholder, Bintai Holdings (M) Sdn Bhd, also disposed of 28.5 million shares or an 8.14% stake in the group, reducing its shareholding in the group to 9.05% or 31.69 million shares. The identities of the buyers in both transactions are not immediately known.
keyword/hints [The identities of the buyers in both transactions are not immediately known.]
Year 2017, place 10 mill in Bank FD. Year 2018, dividend at 100% = 10 mill Year 2019, dividend at 100% of principal, non-compounding = 10 mill Year 2020, dividend at 100% of principal, non-compounding = 10 mill
Cash out and full withdrawal = 40 mill. Thank you very much, Bilis Bank.
Where to get? I also like this Bank, no need to do tiresome and risky business.
78,530,000 units sold on 16/12/20 let say average 0.85 translated into 66.8mil someone will not fork out this money for nothing. Hold tight it maybe V Shape rebound and form new high!
@ahead1268, u got see the new shareholder for MMAG bought super high then crash to now 40++sen, so i would still be cautious even though new major shareholder buy in
"Whatever the reasoning may be, Minority Shareholder Watch Group CEO Devanesan Evanson opined that the disposal of such huge chunks of shares may be perceived as a lack of confidence in the company especially since the licensing and distribution agreements have not come into operation.
“Then again, the two largest shareholders – by selling their shares – may be signalling to the market that the shares are overvalued,” he told FocusM. “But after all, they may have really needed the cash and wished to cash-out.”
While only the shareholders know the exact reasons behind their disposal, minority shareholders must nevertheless take heed of the share acquisition/disposal of major shareholders as such transactions may be telling something."
GNBT - Generex Biotechnology Corporation Other OTC - Other OTC Delayed Price. Currency in USD 0.1965 -0.0135 (-6.43%) At close: 3:52PM EST 22 December 2020
If you are boss and suddenly your shares went up 1500x without any reason as company also in heavy debt, then you think you shall sell off all your shares in open market (that is the only venue where you can sell because many small greedy retailers, innocent newbie, etc ) or just look at it go up and coming down..... Run !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Chow is the ONLY word !!!!!!! boh chow see !!!!!!!!!!!!!!!!!!!!!!!!!
Funny... you are the boss and you don’t know what is really happening? You don’t know your house has fallen down or you pants caught fire? You see the price rushing up 1500x and just cash out? WHERE IS YOUR SOCIAL RESPONSIBILITY TO SHAREHOLDERS?
Now I am on year end retreat , as I can not leave oversea so I just looking at the screen for few minutes , my advice to all newbie please leave Solution,hwgb,bintai n vivocom asap before avalanche !!!! Run !!!
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....
anthonytkh
1,802 posts
Posted by anthonytkh > 2020-12-22 19:38 | Report Abuse
As the sayings go :
Why care about strangers?
Why say anything if there’s nothing good to say?
I’ve been polite
But we live in a very cynical world, don’t we?