Kenanga always not accurate..always follow trend and comment..when it up then say the stock good to buy,when it down then say this and that..predict wrongly then diam diam....
Write a comment..Freezing of Lower Limit Price for PERDANA (7108) on 20 December 2017 20 Dec 2017, 07:30 Freezing of Lower Limit Price for PERDANA (7108) on 20 December 2017 ISA-20122017-00001 Please be informed that the Lower Limit Price of the following counter will be maintained in accordance to the Rules of Bursa Malaysia Securities, Chapter 8.13 (5) TRADING which states that: ?If an Upper Limit Price or Lower Limit Price is reached on a Market Day and is followed by another Upper Limit Price or Lower Limit Price, as the case may be on the next Market Day, the Exchange may use the Upper Limit Price or the Lower Limit Price as the case may be of the last trading day as the Upper Limit Price or the Lower Limit Price for the next trading day or for such period as specified by the Exchange?: SSN / Code Lower Limit Price PERDANA (7108) RM 0.36 Please be guided accordingly. You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
This bugger has -ve 19c in net payables, -ve 32c in current liabilities...skali like LionCorp...went bust & suspended shortly after being distributed by Lion Group LOL
the reason why I'm not bullish or optimistic on perdana is because it has large unused fleet, which is burning cash overtime for maintenance e , crew, parking fees etc. to get client they give discount here and there. how to have good margin oh
Dayang's 600+ million shares themselves ALL PLEDGED to Maybank for loans. Check AR. Means nearly all current holders are potential sellers & who are the buyers with the industry outlook so bad?
This company is technically bankrupt, with their fleet to be underutilised & under breakeven for a long time. Strong rebound? Maybe. But look @ SAPNRG: many ppl thought the strong rebound was going to be @ 1.20...then 1.00...then 90c....then 80c...
Sure, it's unlikely to limit down because MBB will pakat with share pledgors to support & push a little to get a better forced sale price, but who can predict at what price they will support?
I prefer to be in Japanese stocks now since their uptrend is so clear in the Nikkei unlike KLCI and their index is still so far from the record : https://www.youtube.com/watch?v=8nvyMxvLF8U
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Posted by ronald118 > 2017-12-19 17:03 | Report Abuse
tmr limit down at 0.20 ? where is the bottom ??