Another 12mil shares to be issued under private placement. @CP0428, it is private placement where the co can select the private investor for additional share they want to issue to at a mutually agreed price range. Normally private placement complete in 1 or few tranches, but CGB is taking its own sweet time to issue as snail pace. CGB owner will not let the share price, or even press it down further if the price range agreed btw CGB n the private investors is lower.
ViWizard, I jst need to wave my wizard wand and CGB going to break below 1.00. still another 10mil private placement to be issued, more sell down ahead until PP is over.
warning has been given :) finally below RM1. where is the guy who claimed it will not go below RM1 ? as long as PP not over, it will continue to fall non stop.
Ultraman, further below RM1 :D Bonus issue may cancel anytime due to not manage to meet the minimum 50c upon bonus ex date. Prepare for avalanche, sorry if u guys still holding. Warning has been given way earlier
This MD fellow claims they have tender book of RM655 mil! WTF...never heard this before...tender book worth, when no guarantee you will ever be successful!
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....