Despite the challenging economic and business environment, the Directors are confident of the quality and innovative capabilities of the Group to meet the product and service requirements of the customers. Intensive efforts are being made to further develop and expand existing markets as well as to penetrate into new markets worldwide and the Directors expect the business prospects for 2018 and beyond to be positive.
Harnessing on improved corporate fundamentals, this counter is set to challenge its immediate resistance of 22.5 sen, amidst a clear expansion of the vol traded yesterday.
Its fundamentals have improved. Just that timing is not right and not much buying interest. If the next quarterly report can show a continuous improvement, I believe the operator will have more reason to push it up, when mkt sentiments turn better.
However, with the enlarged shareholdings arising from warrants conversion, do not expect the price to go up too high.
We offer our financial instrument- lease BG/SBLC for such business covering Aviation, real estate development, oil and gas, bio tech, heavy construction involving dams, irrigation scheme, Hospitality, Foods industry, telecoms, laboratory etc.
For further details contact us with the below information....
Contact : Mr. Kuo Chung Email: kuo.mandate72@gmail.com Skype ID: kuo.mandate72
Stainless steel multi-ply cookware manufacturer Ni Hsin Resources Bhd has emerged as a substantial shareholder in Caely Holdings Bhd, a lingerie manufacturer-cum-property developer, after acquiring 5.81 million shares in Caely for RM4.62 million, a 7.26% stake, over the past 12 months.
There is synergy for both Caely and itself whereby they can leverage on each other’s customer base in the overseas market segment, it said.
“Ni Hsin can also benefit from Caely’s direct selling licence to market our PENTOLI products. Ni Hsin intends to seek board representation in Caely,” the group said.
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....
Bull13
1,100 posts
Posted by Bull13 > 2018-02-20 22:35 | Report Abuse
Something brewing ? Cancellation of esos and m.o.u.