I think this ctr is extremely illiquidate.........up to cetain TP level....i think the controlling shareholder got to make it fast to take private......ang teng limit up !
My holding portion is quite big....need to dispose it very slowly otheriwse....detrimental to my interest......i will be satify if it hit above RM1.00...let others got some chance to make money lor!
Of course....that's an exception...in case the controlling shareholder comes out with a sudden announcement......for your infor.....his accumulation cost is well above yr TP rm 1.5...
Datuk .so, this company having big cash, having contract to sysbas, and having big profit u said. than RM 2.00 anytime. nta 1.5. un competetive product, so how must is your target price.
seen that we are same kaki, studied a lot of this company. i collected since this company lost rm 40 million. yr 2011, then foolish sold it from high level. RM 40m lost is the company void its goodwell Rm 40m.
for the interest of people who had never follow on the story of ingress..........virtually......ingress is a regional player in supplying auto part to SE asia manufacturers.........but the company was entangled in operating loss for 2 years......the price prior to that ...was lingering more than RM4.......and drop until below rm0.40..........for nearly a year.........ultimately taken private by the existing controlling shareholder........the price after broke rm0.90......and with sudden uptrend....follow by big announcement.....
The Board of Directors of YLI wishes to announce that Yew Lean Foundry & Co. Sdn. Bhd. (hereinafter referred as “the Seller”), a wholly-owned subsidiary of YLI, has been appointed by KUBOTA Corporation, a corporate duly organized and existing under the laws of Japan (“the Buyer”) to manufacture and sell to the Buyer ductile iron pipes under OEM arrangement for three years from 2013 to 2015. These ductile iron pipes would be manufactured under the specifications, trademark and/or logo of the Buyer for the Buyer’s market outside Japan.
The quantum and the prices for the pipes to be supplied to the Buyer are to be mutually agreed upon.
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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....
jackyap
32 posts
Posted by jackyap > 2013-08-15 09:37 | Report Abuse
hit rm 0.7 now.