Write a comment..Hope all the weak holders taken out now after dropping since Tue 15 may.. Mgt has a former bursa guy n sure he know when to push n when to collect.. A good quarterly result will be catalyst for a strong push.... Estimated owners cost is rm0.50sen.n i sure they want to at least double up to rm1 share for some decent returns... So i targeting rm1 exit and now just neer to tahan a bit longer...hope for a good Q and muhiddin factor in bringing more potential customers n business proposals as the former boss cant kacau kacau....
Why Thriven will fly high again. You are on a winning stock - A Hidden Gem.
1. Limited Free Float (15%) in market - all major shareholders/Directors control at least 75-85%;
2. TSM dismissal from 2015 caused sell down (RM 1.10 ==> 20 sen) IS NOW A Positive Factor; Thriven price will retrace and recover to climb back to higher levels after this correction.
3. Thriven proposed 10% Private Placement Approved ; To FIX PRICE based on 5VWAP and identify "interested institutional parties".
4. NTA : 41sen Most major shareholders (except Mulpha) entry cost HIGH between 40 - 60 sen; That's why all major shareholders/Directors are still collecting and NONE Sold Yet.
5. The potential for Thriven will be unlimited going forward. Thriven will be open for business again. Bank finance will flow. Prime Land for development acquired. Projects successful and prosper.
To be honest, the Q 1 results will hardly make any difference plus/minus ( +/- ) a few million. Thriven needs to complete its current correction, probably continue to drop until it "closes the gap". Current overall market sentiments still nervous and weak. Need to be patient. Wait for market to rebound. Then Thriven will soar !
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3089 views | 2 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
Lim Chee Keong
257 posts
Posted by Lim Chee Keong > 2018-05-19 20:22 | Report Abuse
Will up definitely