Don't be gullible. Which company would currently divest sell 51% of an FDA&CE-approved glovemaking business for 28m and then guarantee 30m profits to the buyer?
The only difference is Salcon is planning to buy a glove factory and AT already built a glove factory will start production next month, LKL will sell the Glove product for AT...
people are getting numb of this kind of news. The cronies know this is the fastest and only way or probably the last time to make fast money in Bursa before Vaccine is out. Please be smart and dont get trap by insiders.
Buy on rumours and sell on news, this is going to happen until EGM approved the company diversification, it might takes one to two months, by the time AT Systematization already start selling their glove products via LKL....
Can anyone advise why Salcon mother drop but son holding steady Even conversion price is 30 cts? Is the acquisition of 51% of JR Engineering a but deal?
Buy Salcon once the deals is confirmed after EGM meetings, also funds raising plus Esos are required, the price will be subject to downward pressure, pls be patient and go in the right time...
AT Systematization already completed all the funds raising exercises and only waiting gloves production next month and most important it is selling at the price of RM 0.22...
AT Glove production annually estimated around 2.6 billions gloves which is half the production of Comfort Glove, the price is RM 4.05,so AT have great value to go up to even RM 1.00...
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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....
sheep
3,849 posts
Posted by sheep > 2020-11-13 09:26 | Report Abuse
Afternoon? today friday...Deepavalli tomorrow..monday holiday or not?