BILLON POWER SDN BHD acquired 7,500,000 at 0.080 on 20-Apr-2017 is OFF MARKET deal(wayang)today trade 0.070-0.075 i smell something fishy ....not right
Refer back to the history, Billion Power bought shares at much higher price and the share price still drops like hxll... Stay awake. How can the minority shareholder be smarter than the big jaw..
This counter is bad for any investor. See below scenario: In 2016: Bought 1,000,000 @ 0.01 = RM 10,000 Diluted by Private Placement 2.9 billion shares @ 0.01 In 2017: Share consolidation: 50,000 At 0.06 only left RM 3,000 In 2017 also, lots of RCN= Around 174 mil shares (diluted further) Pity all those investors. This counter will drop further
Bursa useless. Shouldn't approve RI, share consolidation, etc. All con us. Tajuddin Atan kerja lu banyak senang tapi gaji berjuta-juta. Saya pun boleh buat.
Bursa is not only useless but corrupted. MACC should also come in to investigate and catch and charge the directors of such companies ..to protect the minority who are the victims of such exercise..
They are doing a legal business but doesn't knows how to managed it hence there is no case that warrants MACC investigations at the first place.
It is the investor's decision whether to invest or not in the company stocks.
History already painted all these years for you to evaluate the company and yet many investor's still hoping it will turnaround.
Even with acquisition of another shipping biz back few years also proved that they cannot turned the company around and yet another right issues to sucked investor's in.
The latest is consolidated the stocks and yet it doesn't goes well with the investor's.
Better leave the bitter experience and go on with other performing ones.
tklim no lah. He is poor like myself. Can talk cock only because no money to buy already. Billion Power bought at 8 sen recently.
tklim You insider kah?.....
---------------------------------------------------------------- goldentriangle Will it dropped till 0.005 to 0.01 level again, then do a 2nd round of share consolidation ? 07/05/2017 20:45 07/05/2017 22:09
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....
tklim
3,205 posts
Posted by tklim > 2017-04-25 17:06 | Report Abuse
Look at the pattern....not difficult to read...still accumulating....