Orson Chin because I am already in this shithole, no point for buying high and selling low, might as well averaging down my position and hold it out, penny stocks are so manipulative won't be surprise to see it shot up higher in the future, or lose even more w/e.
just read the Focus Malaysia, do you know that Dennis is the TOP 29 paid director of top loss making listed companyo ...ship sink, but he is afloat lol
stteck just read the Focus Malaysia, do you know that Dennis is the TOP 29 paid director of top loss making listed companyo ...ship sink, but he is afloat lol
Baru cantik. 3 parties fight. Who want to win must buy more. I prefer new boss since Hubline never good under Dennis Ling.
nilai2015 Now noteholder also become substantial shareholder. 3 groups holding about 10% each in the company. who is in control now? 25/05/2017 14:49
stteck just read the Focus Malaysia, do you know that Dennis is the TOP 29 paid director of top loss making listed companyo ...ship sink, but he is afloat lol 29/05/2017 09:50
worse case lose 5 sen. if battle for control starts may go to 20 sen, the cost of many current shareholders. downside 5 sen upside 20 sen. accumulate 10,000 lots and laugh your way to the bank when shareholders fight for control.
hahaha already a victim for hubline lost 40k.u think they will let you make money impossible.waited very patiently for 2 years nothing happened.....don't cry
Mr. heng yong Kang @ wang yong Kang sometimes appeared as a substantial shareholder of Vivocom, Bright Packaging, Xidelang, M3Tech, but very short term.....a mere speculator investor. Nothing to excite for him to become a substantial holder for Hubline.
now very cheap maaaa.....undervalue maaaa......let's take over this company maaaa....all big sharks went in oredi......follow maaaa.....0.06 is a fake ressistance...can spike anytime.....
at 0.006 many people can take over this company.....debts can restructure maaaa....listed company directors no need to give personal guarantee.....hostile take over from market lorrr....
not difficult to restructure.....can always talk to bank to restructure loans.....kick out all bad apples and dead wood in the company....do a new business model......0.06 ...too cheap....let's pool and do a hostile take over .....
note holder conversion based on market price but cannot be lower than at 5 sen. Note holder started to convert.at 5 sen? What is the strategy of the note holder to put in RM 80 million into the company? Burn his RM 80 million?
Note holder wants the price to be at 5 sen not 20 sen now so that he can get more shares on conversion. If 5 sen he gets 1.6 billion shares. if 20 sen he gets 400 million shares. Dennis Ling wants the conversion price to be at 20 sen and not at at 5 sen so that the note holder will get less shares on conversion. Who will win this battle of the conversion price?
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
Contrarian view. Sell when majority buy. Buy when majority sell. More RCN coming good for the company. New shareholder put in RM 80 mil reduce borrowing and interest cost.
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Posted by yaogui > 2017-05-24 12:50 | Report Abuse
Alot of additional listing below 0.05 going to be issued! Confirmed further down n down...