Posted by davidkkw79 > 2021-10-27 19:33 | Report Abuse

Run ! Qualified Opinions !!
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3204096

Posted by SmallMoney > 2021-10-27 19:35 |

Post removed.Why?

Posted by gthhh > 2021-10-27 19:40 |

Post removed.Why?

Posted by Kingston1 > 2021-10-27 21:03 | Report Abuse

There is no big deal for such announcement. I ever seen more than 20 times such announcement made by Bursa throughout the a year.

Davidkkw, are you new to the market?

Posted by Ayam9 > 2021-10-27 21:12 |

Post removed.Why?

Posted by ahbah > 2021-10-27 21:14 | Report Abuse

Coming ?

Posted by TomyamGong > 2021-10-28 09:50 | Report Abuse

Time to accumulate. Let's wait for the big time to come

Posted by chia88 > 2021-11-12 15:44 | Report Abuse

Today muh is game over traded at 75c

Posted by Ttttader > 2021-12-26 20:15 | Report Abuse

Smart people will buy, dumb people will sell

Posted by GHOSTVISION > 2022-02-24 21:50 | Report Abuse

The Ghost is back at this... good Q to Q results, Y vs Y, share cap only 56m. The Ghost is never wrong, this will go back 65cents region. Company need to raise funds to finance it's property development projects, so rights issue with free warrants is on the way. With it's cash pile above rm15m, possibility of bonus issuance as well. You need a couple of million to bring yourself into a major shareholder and ask for board seat. All for the taking.

The Ghost.

Posted by GHOSTVISION > 2022-12-29 21:47 | Report Abuse

The Ghost is revisiting sleepy counter again....this time, entries from 40+-50+ cents. Many investors are angry with the old shareholders, not giving way to younger generations to lead and make this company exciting and great again....

Shall i jampi-jampi and visit the key shareholders and make them jump? They would love to meet me when their time is up...

The Ghost.

Posted by cbkia4896 > 2022-12-29 22:00 | Report Abuse

come come goreng goreng sikit sikit jadi bukit

Posted by GHOSTVISION > 2022-12-31 02:48 | Report Abuse

The Ghost Predicament @ MUH @ 2023....

Baby Observations -
1. Market Cap - RM33mil
2. Shares - 57mil
3. Receivables, Deposits, Bank & Cash Balances - RM34.5mil
4. Debt - RM5.8mil
5. GP Margin - 50%
6. Growth Rate - 17%

Main Shareholders - Mr Ang KC/father, Mdm Cheong/mom, Mr Ang HC/son & Ms Ang AW/daughter
- Ang Family controls about 38% of the company
Top 30 Shareholders - controls 60.83%
Free Float - 39% @ 22.2mil shares
Total shareholders - 2,200 + (why so many?) - 22.2mil shares/ 2,170 shareholders = 10,244 per shareholder.
based on RM580 per share / so each shareholder is holding RM5.9k.

Historically - movement of about 3m-5m shares/daily = Increase in about 5-20cents.
- so roughly daily 300-500 shareholders will be trading to increase share prize value.

Next Direction - TA
2020 - rangebound 30cents
2021 - exciting - from 30cents > almost RM1!
2022 - rangebound from 45cents to 65cents
2023 - rangebound from 55cents to 75cents (because lots of ppl got stuck @ 70cents region in
2021, they will cut loss or just eventually even to get out)
- TARGET - HIT RM1 again

Potential to go RM1 again? or former glory RM2.10 in 2014?
The Ghost will share more as we move into 2023..... need to have more dinners with the Ang's family.

Always remember - the company is doing pretty good, cash pile almost equivalent to its market cap and the share base is so small.

Raiders whom have RM15mil will get Ang's family scared... why?
Assumed 1lot of share is RM700 (since many stuck at that price range)
To buy 1m shares will cost me RM700k.
To buy 10m shares will cost me RM7mil and you get 17.55%
To buy 20m shares will cost me RM14mil and you get 35%

With just RM15m (SGD only 4m+), you can potential takeover the company - access to its cash of RM35m, landbank, say RM15m, listco entity value RM30m @ Total in the region of 80m. Declare bonus (1for2 etc) and dividend. Drive up the share prize.
Cost at 70cents > share prize shoots up to RM1.4. Your investment double from RM15m to RM30m. Your RM80m will continue to adds up.

Simple mathematics and actions. That is why the controlling shareholders MUST drive up their share prize to make the RAID harder. If not, bye bye to their hardwork.

Signing off 3am
The Ghost.