5000 lots, a dumb fella, samudra has cash 55cents on hand from selling of destini shares, 77million... this guy must be so stupid to sell like that, whoever queues at 35cents below all receive jackpots$$
wow, this counter is interesting, why destini up, their share price still stagnant? I thought they have 200million destini shares? which works out to RM120m/120m shares = RM1?
something is wrong? can someone confirm the shares are still with samudra or have been totally placed out to other people? suck out money from ktsb huh? destini 64cents now
Samundra dispose thru placement at same price of 35 sen to designate parties ( refer to their earlier proposal announcement plus recent company share transaction announcement by both parties). As such, any price movement of destini will no impact their disposal transaction.
Destini still will be the best. With Vanguard, Samundra Oil n gas, mindef award, etc...enough keep them busy with positive earning.
For Samundra, believe no more core business and likely classify under PN 17 soon......
Can some one enlighten me again since Samudra owns 200million destini shares, by right itshould be worth about RM 120 millions now instead of RM 80 millions? So it is a good buy now below RM 40 CENTS?
samudra has 78million worth of cash from sale of destini shares, not yet in their books yet, this will add 50cents cash to their books!!! guys, u dont wan to miss this gem
It depends the price you bought. Last Friday closed at 44.5 cents. But today closed at 43.5 cents. If u buy at 43.5 cents, it may go up again ! Of course it is not easy to have a perfect timing!
Lewis, any insider news they will have new business?
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sklyte
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Posted by sklyte > 2014-04-09 00:40 | Report Abuse
let those naysayers sell, samudra has shares of destini which worth RM0.90 , so if you are patient you should collect it, good price now!
samudra once place it to soemone, then samudra will be a net cash company, haha