I think if we think positively, this company is owning the only cement factory in Sabah and is buying the raw material from Borneoil itself. It's not too bad right?
the company is making profit for consecutive 4 quarters, but nta dropped from 0.11 to 0.09 (due to endless esos and pp), never pay any dividend, ....in near future, another 30% pp will be issued again, nta will drop further.... wc and wd will become toilet paper as conversion price is still 0.07....
minimum price first pp 0.025, second pp only 0.015.... for a profit making company with initial nta of 0.11, why fix the minimum price of pp so low??? likely for ppl to manipulating the price.... what would be minimum price of coming 30% pp? likely only 0.01 or 0.005....
2 more weeks? no need to set limit la if you are investor with patience and invest only with extra money, just let it stay here and go on with your life unaffected emotionally
============= Be careful holding high NOSH penny stocks, many of which had undergone shares consolidation resulting in huge losses to retail shareholders
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
============= More than 11 BILLION shares plus warrants Not easy to support high price
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....
Siang9282
310 posts
Posted by Siang9282 > 2022-11-04 12:09 | Report Abuse
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