looks like all 3 of Yu's baby going to zero... or to be exact, his grandchildren and founder Yu must be turning in his grave looking at his children destroying his company.
After 3 MORE LIMIT DOWNS still TOOoooo EXPensive...! The chart looks almost like a carbon copy of the centrefolds of the 2013 S'pore penny stock fiasco which wiped out S$8 BILLION of mkt cap: Asiasons/Blumont/LionGold...at least one of which is already BUST & the other 2 trading @ 0.0000001c😃 Those who tikam @ 5.65 yesterday, 3.96 today or even higher all can kiss their 'donation' TA TA👋
This guy has been doing this for a decade. Whoever he is. Earnings is 1.4 cents per share. Share price will settle at below 1.00. SC tidor ka? Catch him and send him to jail. I dont know who arr....but this crook has been inflating this stock in slow motion low volume for 10 years. Then he got too greedy instead of 1.00 to 5.00, he did it to 30.00.
Olympic Diving competition champion ...u are right chtan33... total share only 106 mil... must be the champion ... for sure soon or later ... look at the profit report and Rev ... alll are not tally with the prices of share ...
I’m not giving any recommendation to invest in RAPID stock, at all. In hindsight, my fundamental analysis result for this company is absolutely, abysmal. Should avoid it like THE plague until it makes sense for your money to get involved or most likely perhaps, not. You’ve been warned and duly notified.
12.421 mil scared margin-finance-fVcked bankers Q-ing desperately to GET OUT @ limit-DOWN price...imploring stuPE Ed gamblers to buy from them...2 more limit downs at the VERY LEAST!😉
Try to lure small fish money with goreng up some stocks. As limit down nowadays. Is like gambling and try to took cash from others stock and recover his financial fake account.
He thought he was so smart, pointing a loaded gun @ unsuspecting ikan bilis, skali his tgt is a reflection in a metallic surface & the bullet ricochet off & he hara-kiri himself!😆😆😆 It's actually at least 2 bullets that he fired: Rapid & YNH...What a...er...rapid...turn of fortune...fake Forbes Rich list to banklap...📉
Net Tangible Asset (NTA) = Total Assets (TA) - (Total Liabilities (TL) + (Intangible Assets (IA)) NTA = 334,925,000 - (174,482,000 + 0) NTA = 160,443,000 NTA per share = NTA / Authorised Share Capital NTA per share = 160,443,000 / 107,491,000 NTA per share = 149.26 sen (based on my calculation or 150.09 sen (as shown on Page 9 of current FY Annual Report. By Warren Buffet (WB) standard, he expects 30% discount from NTA per share to make any sense at all. NTA per share after WB treatment = 104.48 sen
I don’t understand the rationale of “investors” or speculators who would pick up RAPID shares at rm1.50 and above. Paying an obscene or insane premium for its shares is “I don’t what to say about you” or Don’t be a fool, please.
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....
BursaVulture
660 posts
Posted by BursaVulture > 2024-01-17 09:43 | Report Abuse
looks like all 3 of Yu's baby going to zero... or to be exact, his grandchildren and founder Yu must be turning in his grave looking at his children destroying his company.