Haha ...I actually q a lot @0.035 too...try to create chao during T2 but failed..but, failed got failed strategy...at least, I knowing all of you holding tide..so, without new news or big guy playing, the price won't go down too much...so, just try little to earn pocket money .
Walau, forum Mana boleh percaya one. Everyone come here for own objective. This is share market.. one gain, one must lose...no stock up everyday one...so, those who stick with forum, 99% will lost his or her underwear...
But, those who don't go in because of me is also good for them...for past few days, party everywhere...I'm sure they will gain something during party time..
I believe 0.045, 0.04 wall are setup by operator.... I guess they will lift up the block once they see opportunity...but, you all too good in holding your share...this is why my 0.035 didn't happen..
Yes, possible. actually i trust barakah still can continue business because still got many projects on hand.like you borrow ah long money,but you not able to pay,if you still can earn money, better you pay slowly or bankruptcy
Serbadk now got 7billion on hand,if buy barakah at cheap price, serbadk is more competitive when bid new contact,and can pass some job to barakah,also can lower down the cost.
ON Feb 25 - Bursa Malaysia Securities Bhd (Bursa Securities) announced today that RGT Bhd (formerly known as Asia Knight Bhd) is out of Bursa Securities' Practice Note 17 (PN17) list as RGT has regularised its financial condition.
Bursa Securities said in a statement today that the plastic products manufacturer no longer triggers any of the PN17 criteria under the regulator's Main Market listing requirements.
On 03 May - RGTBHD continue release a positive result for 2 years from the guarantee of RM20mil
That's why I still believe this is also doable for Barakah. All she needs is for the announced White Knight to appear. Now should be the perfect time when KLSE is on the upward trends..
Asia Knight - Turnaround story and potential upliftment of PN17
A-Knight is involved in manufacturing of plastic injection moulding, and has acquired 60% into Rapid Growth Technology (RGT) in order to facilitate with the uplifting of PN17 status. The acquisition comes with a profit guarantee of RM20m for FY17 and FY18. It has sustained two quarters of profit recently and is a net cash company (RM20.6m) at this juncture. Should there be a strong breakout above RM0.185, next resistance will be at RM0.22-0.24, with a LT target of RM0.26. Support will be at RM0.15-0.16, with the cut loss set around RM0.145.
Company profile. A-Knight is involved primarily in the manufacturing of moulded plastic products through its wholly-owned subsidiary, T-Venture Industries (M) Sdn Bhd. The manufacturing of moulded plastic products is the core business of the Group in FY17 and approximately 15% of the group’s revenue was contributed by export sales to customers principally based in South East Asia Region in FY17. It has acquired Rapid Growth Technology (RGT) in 2017, which provides fully-integrated manufacturing solutions for plastic products including injection moulding, assembly and liquid-filling. Their product categories include air care, skin care and hygiene & cleaning products, serving global customers within China, Japan, India, Korea, Australia, North and South America, Europe and Africa.
Rapid Growth Technology to assist the uplifting of PN17 status? In Oct 2014, A Knight went into PN17 and has been submitting regularisation plan to Bursa Malaysia all these years. During August 2017, A-Knight planned to undertake a share capital reduction and bought a 60% stake in a plastic products producer, Rapid Growth Technology (RGT) for RM48m, together with a rights issue with warrants to raise about RM34.9m to part finance the purchase, to regularise its Practice Note 17 (PN17) status. The planned acquisition comes with a net profit guarantee of RM20m for two financial years ending FY2017 and FY2018.
Two consecutive quarters or profit. Since the acquisition of 60% in RGT, A-Knight has recorded two quarters of net profit, registering PATAMI of RM1.17m and RM1.27m in 4Q18 and 1Q19, respectively and it is a net cash company.
Sideways consolidation above the long term SMA200. A-Knight has trend sideways over the past 5 months within the range of RM0.13-0.185 and the SMA200 has been trending higher. The ADX indicator has formed a cross; indicating that the momentum is positive. Should there be a breakout above RM0.185, next target will be located around RM0.22-0.24, followed by a LT target of RM0.26. Support will be located around RM0.15-0.16, with a cut loss set below RM0.145.
Just imagine you will be crusing at 170km/h on Mabel High Speed Rail on the ECRL Corridors listening to this beautiful music, drinking cocktails and enjoying your lobster lunch while enjoying the beautiful landscapes of the enchanting South China Sea. No need to drive and battling the traffic anymore.
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....
InvestsucessTrader
4,761 posts
Posted by InvestsucessTrader > 2019-06-21 22:41 | Report Abuse
@Oodd, you clever to goreng, Monday I want to buy Eatech, you pls go there and goreng the stock price.