stock very cheap at 2.5 cent. This does not reflect the true net worth of the company. NTA 7,3 cent, private placement 5cent. Company now profitable. Major shareholders please do something to protect your investment.
Shop lot hotel operator. I have said the valuation is definitely less than 100mil. If mkt cap 50mil, then consider good buy if not, it's just fully valued. After 10 to 1, theoretical price is about 30c, but I think 10 - 15c is a good buy. Those who bought 4 - 6c, good bye to your good luck. You have to try to cover the cost with more trading activities.
if on the first day 06feb 2020, our account will immediately pdated the share numbers ? Or we need to calculate for the first few days Any seniors can help because I am first time facing share consolidation issue And If I not aware I sell all my share then I need to pay back the money after my impiana share numbers adjusted ?
hi ,cumcumshot and above member tan you so much and appreciate ypur advice But cumcumshot and ask why Bursa not stop us selling or immediately updated for us because I think quite dangerous because if we miss see sell extra then later we need to buy back the shortsell but if the share suddenly up then we have to loss many money ?
limsawkean1998 Yes you are right. Nevertheless, the system normally prompt a warning message before you decide to sell / buy. Many people just ignore the warning. The recent oversold in Icon after the share conso is just another classic example. Newbie, just be careful.
Impiana 24c now = 2.5c before share conso. If stock price drops below 20c then all players bought before conso mati kudasai. I think it will come. This virus problem will cause most hoteliers loss money.
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....