So many GOOD news released from EW but yet to bring any excitement except the ONE day show for the past months..... Thus I still prefer to buy low sell high instead of holding this for long term. Now the EWI listing is delaying to Sept.... Probably they will postponed to end of the year. Looking at the non stop disposal from EPF, I doubt there;s any big player coming to Goreng EW for time being.
EPF disposed Ecoworld share again through Citigroup Nominees (Tempatan) Sdn. Bhd. - Account for Employees Provident FD BD (AM INV) for your information - EPF stil have around 200 million shares to sell for this account - bad
The share price was purposely maintained at RM1.3x for a long time already with simple reason so that they can issue the private placement share at RM1.30, yes 25% of current issued capital. Remember the AIrAsia private placement @ RM1.80 and then shot up to current level. Same will happen to ECOWRLD,
The overwhelming response from the public has given EcoWorld the confidence to push forward with the massive launches, added chairman Tan Sri Liew Kee Sin. "We thank our loyal customers for their continued belief in the team and the EcoWorld brand."
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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....
vxpoison
1,906 posts
Posted by vxpoison > 2016-08-15 11:03 | Report Abuse
might retrace to 1.35 for another trending head up to 1.50.... watch closely.