now is time build the confident , you confident , all confident , positive energy accumulated , sure it will be crowded with positive factor , up trend will go .
Sorry , newbies , you supposes said congratulation to whole investor here , soon , one destination they will go , harvest farm , you need to see far , short term maybe not fruit , tolerance a while , mild term will get , long term , guarantee huge rewarded , call smart investment , economic growth method , if you ART student , you consider better concern the things .
Feed back is UP TREND WAVE , after the restructure pending before rto with wellspring , late JUNE will blast , exploit until break roof top , crucial point hit , estimated can touch 0.35 easily , this all after 4 share consolidate to ONE SOLID SHARE .OK
transregression hurt will continue to focus him , idiot even stupid fellow , if he try to sabotage this counter , he got mental block problem since talk bursa is GENTING , can easily make the profit within second , gamble he mean .
I believe on confident , fundamental , even positive energy element , this stock fulfill the criteria , it will blast , this i can private placement , from the solid director ship , poison ticket to exploit , ultimate burst is compulsory , i sincere speak , i did a very complicated homework on it , is a value buy .
I value your nice advice , MR thiam1129 , if not mistaken , you are somebody famous in bursa ,start with SIR NAME LIM , you since familiar with all protocol regarding the market practice ,excitement and exercise , refer the managerial .
ARE YOU KIND TO BE THE RIGHT WIND < BEING THIS STOCK FAST HEADING NORTH PORT , I KNOW YOU ALSO OBSERVE THE GOOD OF THIS STOCK , FUTURE IS BRIGHT even full with explore , suit the trend of NEW GENERATION PROGRESS .
VALUE and PRAISE , if you also joint the party , most welcome , with you around , especially your famous reputation in bursa , GOLDEN FINGER , i confident the BIG BLAST is confirm genuine arrived .
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EXPERT IN BUSINESS SOURCING PARTNER , SMTRACK is the once , ADVANCE TECHNOLOGY with SOLUTION KEY PAD , SIMPLE ILLUSTRATION , THINK OF PROGRESS < YOU THINK ABOUT SMTRACK , ONE STATION SOFTWARE .
KUALA LUMPUR: Wellspring Group, a US-based global master licencor of two developed brands namely, Tutti Frutti and O’My Buns!, is exploring the possibility of a backdoor listing via a reverse takeover (RTO) of Ace Market-listed SMTrack Bhd to expand its franchise food and beverage (F & B) business in Asia.
Both companies on Friday signed a memorandum of understanding (MoU) for six months of exclusive period to discuss the acquisition of Wellspring Group by SMTrack.
Wellspring director Datuk Mohamed Ridzuan Nor said since the company’s products were from the US, it was logical to have a logistics hub in Asia.
“In five years’ time, we believe both China and India would become our biggest markets, together with Malaysia, Indonesia, Pakistan, Australia and New Zealand.
“To offset forex exposure, we want a Malaysian hub to cater for Asia, while our American head-office in California would continue to focus on the US and European markets,” he told a press conference in Kuala Lumpur after the MoU signing.
Ridzuan said Wellspring Group operated from the US, with a warehouse facility in Orange County in Los Angeles, California, serving its worldwide operation.
Currently, the food brand management company has 506 Tutti Frutti distributors and 28 OMy Buns! distributors all over the world with 60 per cent of its market in the US.
In Malaysia, it has nearly 100 outlets run by Naza Group, which parked the master franchise holder under Naza Tutti Frutti (M) Sdn Bhd.
It began serving the frozen yoghurt brand since 2009 with its first flagship store in Sunway Pyramid.
“Together with SMTrack, we might be looking to come out with other F & B products and there is also a possibility of acquiring local brands and bring them to 43 countries where we are already operating.
“The discussion with SMTrack has been going on since last three months,” said Ridzuan, who is not denying that the corporate exercise would be an RTO or back door listing.
Meanwhile, SMTrack chairman and chief executive officer Mohd Anuar Mohd Hanadzlah said F & B was a business that would survive any kind of economic situation.
“During the exclusive period, we will work out a proposal to purchase 100% of Wellspring Group with the issuance of new SMTrack shares to existing shareholders of Wellspring based on a valuation to be agreed.
“SMTrack core businesses will remain, our technology will complement the F & B operation,” he said.
The signing of a definitive agreement for the acquisition is subject to the completion of due diligence and further information will be provided in due course, according to SMTrack statement at the MoU function.
SMTrack share price on Bursa Malaysia was unchanged at 9.5 sen at the close on Friday with 19.37 million shares traded. - Bernama
I scare my follower from off shore , rush in , next coming week , just to joint the party , they all are crazy , get to melt in , those share i interest in , departure all in , all in foreign currency , is a BIG TSUNAMI in bursa declare , see the BELIEVE .
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....
khatulistiwa1234
46,261 posts
Posted by khatulistiwa1234 > 2017-02-23 14:09 | Report Abuse
bubbles if you worry too much .