You think the directors have not done their homework? If you are a businessman will you tell all your friends that you have secured a big contract without at least getting a written agreement? You'll be made a laughing stock if nothing happens.
teareader818 : I agree with u. I think some pple said Ageson announced that they got billions' valued contract, just for fun ... ha ha ha... just to cheat pple to lure them to buy Ageson shares ... Then the company will be fined for false statement ... hihihi ...
See the bigger picture of this Massive RM28 billion sand economy between Malaysia and China gov. It's create a win win synergies for both countries to spearhead China's One Belt One Road.
Belt and Road Initiative (BRI) is a massive transnational economic cooperation blueprint for growth and development for Eurasia proposed by China which account for 43.4% of the world population (3.21 billion) and 16% of global GDP (USD $12 trillion).
If under PH government, can say based on their track record, less chances of getting approval because of Dr M. Under new government is like going back to the old days of doing business. Don't you think so?
Dato' Larry Liew (also director & major shareholder of ARB) earlier entered few mega MOUs with overseas companies and few months later all cancelled. ARB skyrocket to high of 0.60 and drop back sharply.
Will the cancellation happen to all 3 contracts received by Ageson recently, can only know few months down the road. The Board can give various excuses to escape responsibility.
goodtrade please dont shrink their brain, theirs already so small, it seems all gki director so smart to award this contract to 3 cent usd company and no AP for sand export, all GKI director so freaking smart until info cannot be found in internet. LMAO
lclwyp, damal666, if you dunno about PO and liability, please don't talk shit. If Ageson not in your interest, you two won't even bother commenting here. You miss boat right? kah3!
TSFH even the housing got problem right? u brain ok ma? i am ex auditor , i know po and liability, have you heard the word cancel PO? thanks me later. goodbye
For Ageson, it is best to conduct a search on GKI before investing. You need to know the exact Chinese name to conduct a search in China. Who knows you may not find such company or it may be a very small company (though registered capital is RMB100m)
Those still promoting after this news are hoping they can get out unscathed. There might be syndicates pretending to hold the price tmr morning but sell u shares quick before they starts to throw.
Whether the sands are sourced within Malaysia or outside of Malaysia. If outside Malaysia, to provide clarification on whether the company has obtained the necessary approvals from the relevant authorities (for the period of the PO, i.e. 15 years).
Read the contents,start supply on oct... they wanna bikin “greed when other is fear”
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....
paulthesotong
2,827 posts
Posted by paulthesotong > 2020-05-11 13:58 |
Post removed.Why?