As at now koon bee do not have any seacera in hand.dispose couple of day ago at 1.32...will buy back in next few days...this is not a buy call, if you want to buy, pls do the research on your own.
All the above based on assumptions that world markets to remain stable and not as volatile as the first 2 weeks of January. TA wise, an ascending channel is forming (breakout play/uptrend)
its normal selloff ma global market panic..but when market rebound counters with good FA and good prospect like this one will rebound very very fast compare to speculative counters
time to collect more and more when the price down!
Dont panic to sell for good counter, we have time to wait what, let see how they can sustain current low crude price, they are more effected, more contract in hand, apa mau takut?
The Board of Seacera wishes to announce that Seacera had on 27 January 2016 received a letter from the Ministry of International Trade and Industry (MITI) approving Seacera as a Bumiputra Controlled Public Listed Company (“BCPLC”) for a period of one year. Upon being conferred the status of BCPLC, Seacera would be able to be in compliance with any requirements of our licences imposed by the authority in the relevant subsidiaries requiring the BCPLC status.
As a BCPLC, the Company is recognized by the Government of Malaysia (“Government”) as part of the effort initiated by the Government to provide opportunity to the bumiputra community which at the same time enhancing the value of our business partners.
Self-imposed regulation by the Government to ensure that the Company is able to maintain the BCPLC status requires Seacera to maintain a minimum of 35% of its voting rights by bumiputra shareholders. More importantly, the Government’s objective to increase the sharing of economy of the country to at least 30% by the bumiputra community would be able to be achieved.
With this approval, Seacera and/or its subsidiary is qualified to participate in the tender exercise of Government projects allocated for bumiputra company.
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....
Koon Bee
549 posts
Posted by Koon Bee > 2016-01-14 19:14 | Report Abuse
If all the above can materialise on track, the dream of seacera to achieve market cap of rm1 billion from currently RM220 mil should be no problem.
Market cap RM220 mil : RM1.18
Market cap RM1 b: Rm1.18 x 3 = 3.60? Consideration of additional 10% share issue on pp and 15% on ESOS and warrant.