Patient is one key factor but more importantly is courage, timing to buy and sell. I’m just onboard after monitor a few weeks. At least there are MOU and get awarded a small project which is a plus point for the prospect.
No doubt MOU is nothing without materialistic at the end. With MOU there is hope and it could be materialize or not is a different story. Operator will push up and down when there is news drone on positive or negative that is why I’m here. If no news then one counter is dead and it’s a waste of time and waste of money keeping it for long term. Will see any improvement in coming one to two qtrs to decide then. Next year will see more clearer picture whether the BOD is just know how to blow water or it’s a real deal??? This year many sectors are affected badly due to the Pandemic except HC and some big player on Tech. Tayor
Price will up and spike in due course. Just need to be patient and ride along the up and down wave. Next year the whole world not only Malaysia will roll out more stimulus plans to boosting the badly hit economy in 2020!
Onion busy eating Turkey....this counter is not a proper company, the owner director makes money by buying and selling its own shares either directly or via connected parties. Doggy MOU are signed to hype price followed by disposal followed by purchase and cycle goes on. So obvious for all to see....gamblers are not investors...to them this does not matter providing they make money to buy next lunch ...not big investors who want to make money so that they can buy another house!
One is better off going to horse racing or casino and gamble! This counter like few others are fraudulent counters....where the owners make money by buying and selling their own shares...and not from generating profits business. Sure they will make one or 2 announcements that will send price up only to trap new comers...a Ponzi scheme .....sadly to many dreamers who believe in quick buck
Think exit and invest in proper businesses which they are many to choose from...not penny shares...there is no .risk free investment but you can lower risk by selecting sizeable companies with real business growth opportunities...and stable investors including foreign institutions
Minetech Resources Bhd’s unit, Techmile Resources Sdn Bhd (TRSB), has bagged a RM37.46 million contract from ARNN Technologies Sdn Bhd (ATSB) for works on an integrated data centre on a call-out basis.
The final value of the works would be derived from the approved actual scope of works and mutually agreed by ATSB and TRSB via service order, the quarry operator and construction firm said in a filing with Bursa Malaysia today.
"The service order will be issued to TRSB based on approved work order proposal and is based entirely on ATSB’s consideration and availability of the works,” said Minetech.
It said the works would begin on acceptance of the service order and was expected to be completed within 24 months from the starting date with any extension period obtained from the project owner to be added to the completion date.
KUALA LUMPUR, Nov 10 — Minetech Resources Bhd has secured sub-contract works worth RM15.04 million to supply, deliver and instal traffic signs and overhead signboards for Phase 1 of the Sarawak Pan Borneo Highway project.
Its associate company, Konsep Khas Sdn Bhd accepted the Letter of Offer from KH Communication Sdn Bhd today.
In a filing with Bursa Malaysia, the group said the project was scheduled to start on November 2, 2020, for completion by November 1, 2021.
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....
UnclePho
236 posts
Posted by UnclePho > 2020-12-22 10:02 |
Post removed.Why?