Anyone who have this shares have to be extremely careful in view of Bursa Malaysia's directive to the company. May suspend on 5/12/2017 is Bursa is not satisfied with the company's response. Sell
Hopefully, relevant authorities triggered criminal investigation in the event the share being suspended from bursa.....otherwise, the integrity of bursa warrant ?
Despite all the points mentioned above, investors must be self-responsible for their mistake made...blamed no others...
There's no such free lunch in the world...there's no such share under value for such a long times....because no such so chai controlling shareholder would allow the situation to be as CSL when on paper shown cash more than 10 x of its share price!
the stock already at the bottom and suppose to offer good rebound n returns as seen in others penny stocks.
but the main problem lies with it being Chinese-owned company and most of these Chinese companies always caught with false reporting and unscrupulous activities.
really salute to the authority only now make announcement to take action for so long someone like SSLee raised the red flag and scream top of his lung to voice his concern
A lot of investors thought 3 sen is a good buy as upside far greater than downside. Just like Xinquang where many bet on their suspension as short term but until now still suspended.
When their substantial shareholder selling at around 7-8 sen, all wonder why as to them the company worth more than that with such high NTA. Now look back at current price, they are making huge profits despite share price coming down.
Suspension is definitely on December 5 and it will worth zero cents soon after that like what happened to megan media 8 years ago....bungkus until today...
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Posted by Reno > 2017-11-22 09:27 | Report Abuse
Anyone who have this shares have to be extremely careful in view of Bursa Malaysia's directive to the company. May suspend on 5/12/2017 is Bursa is not satisfied with the company's response. Sell