Dun worry tmr the share price will shoot up and brake previous high at 0.35 .... must be confident. .. see director keep sapu the shares u already know what direction it heading ... Cheer!
Rozabil buying since 2019...past 2 years nothing happen. Expect announcement (if there is any announcement) after 1st qtr 2021 as what mentioned in edge news. Now they are in midst of fund rising through PP to finance the existing projects in hand.
The group said it has tendered for three projects with a total estimated value of RM3.5 billion for its maintenance, repair and overhaul and oil and gas segments.
“The exact breakdown for the expenditure on the working capital for each new project cannot be determined at this juncture and will depend on the working capital requirements of the new projects at material time,” the group said.
The outcome of the tendered projects, it said, will be made available by the first quarter of 2021.
Destini said RM28.14 million of the placement proceeds would be used as working capital for existing projects. The group currently has 16 ongoing contracts with an outstanding value of RM536.6 million, which will provide earnings visibility for the next two years.
Destini said the placement is expected to be completed in the first quarter of 2021.
Shares in Destini closed 2.22% or half a sen higher at 23 sen, valuing the group at RM318.84 million. The group saw 7.75 million shares traded today.
Patient bro..ktm jv work started already..waiting time to annou. Early next year maybe. Now time to collect..another 10% PP somewhere Jan. Right to left pocket only..even 10% PP no one know who subcribe it.Haha..good for 2021.
Dato Rozabil off market trade 22,000,000 shares transacted at the price of 0.228 , he is so confident in Destini and keep buying from open market ... good sign
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TokAbah
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Posted by TokAbah > 2020-12-16 14:33 | Report Abuse
Not news for KTM. Maybe rumours for another project to be awarded to Final Destiny. Hiho