XOX HOW TO GO UP,.........THE BIG BOSSES KEEP DOING RUBBISH INVESTMENTS,........INVEST IN SILLY BUSINESSES,......KEEP ON SIPHON COMPANY CASH AWAY,..........& NON STOP ISSUE NEW SHARES AT DIRT CHEAP PRICE,...........IT IS TRULY RUBBISH COMPANY , RUN BY RUBBISH BOSSES !
The proposed acquisition is part of XOX’s strategy to maximise return on its excess fund, which will ultimately benefit its shareholders,” it said.
In addition, XOX said Symphony is currently trading at the lower end of its range of intrinsic value. Hence there is a potential of immediate capital appreciation for the proposed acquisition in the event of any correction to Symphony’s current depressed share price
MUAR BAN LEE BOUGHT SYMPHONY FOR 90SEN PER SHARE,........SELL IT TO XOX FOR RM1.2 IN LESS THAN 6 MONTHS,.........CURRENT MARKET PRICE OF SYMPHONY ONLY 40SEN PER SHARE,................DO YOU THINK XOX MAKING WISE INVESTMENT IN SYMPHONY ?..........OR XOX MAY DISPOSE IT FOR 40SEN PER SHARE
@JJPTR: XOX pay $19.254m to buy up THERON,but also help pay $49.416m , for THERON debt. !!!!!!!! so XOX cash gone to Theron via XOX HK deal? NO REPLY TO SC !!!!!
BLee: Hi @JJPTR, I think you have missed the reply, replied in link: https://www.klsescreener.com/v2/announcements/view/3580963 Who will settle the debts? Answer as below: "The Board of Directors of XOX Bhd (“XOX” or “the Company’”) wishes to further announce that: 1. Both the RHB Facilities of RM49,416,000.68 and Theron’s outstanding debts of RM44,318,000.00 will be settled by Theron upon completion of the Proposed Acquisition." Just for clarification, no recommendation for this "risky" stock. Happy Trading and TradeAtYourOwnRisk
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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....
chadoengor
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Posted by chadoengor > 2022-10-21 07:24 | Report Abuse
Become football club already.