Hihi.."its probability" since the company doesn't have a significant price range history..hopefully its able to crawl it. The huge volume is not related to the issuance of new shares since there is no any statements to Bursa. Its like year end sales when the buyers rushed for last minute buying. Hopefully a big surprise tomorrow.
but when I look into annual report, see that this statement:
"As I stated in the previous Annual Report, whereby we would continue to explore new opportunities to create new income base, I am pleased to inform you that we are in the midst of completing the subscription of a 75% equity stake of Intra Magnum Sdn. Bhd. for RM18.75 million. Impiana Sdn. Bhd., which holds the balance 25% stake, is one of the largest home-grown hotel groups, which owns and operates a number of hotels and resorts in Malaysia as well as key tourist destinations in the ASEAN region."
so, there's nothing new about the article. still WILL, not CONFIRM yet. heh! pathetic!
In today's The Edge, it is stated, their revenue jumped 81.2% , due to sales from their water and maiden contribution from the said Intra Magnum Sdn Bhd. So I guess, it has been completed.
Kanter, the theory circulating around is, increase in federal interest will strengthen the USD, and most probably more revenues from tourism due to weakened RM. The Intra Magnum manages hotels and resorts.
Haha, they will have to make another big wave to attract more or maybe prove whatever headlines they have made whether the potential of their business or anything.
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....
fyh30
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Posted by fyh30 > 2016-11-10 16:57 | Report Abuse
a potential gem to be...