Warned when bonus issue traded at 80. Sun set unless provides a clear new strategic plan. MoU with Chinese firm is just for goreng as one should know how best Chinese firms in their own industry. Good luck.
Bought at 65 cents..now 16 cents...400% clean loss...management so disappointing, can't even sell their products although there are 5.4 million students who use it on a daily basis. Government implemented more transparent open tender bidding process, yet this company is performing so badly.
From my opinion, you are either Robert Kuok, that you have too much money to burn OR you are a SAS rep.
Since Mr Robert Kuok is highly sound in his investment (that's why he is the richest Malaysian), Ithink you are most probably the latter.
Dont come here to bully or to confuse retailers like us la. Our money is hard earned money.
Since you have been collecting since 88 cents, YOU MUST BE NOW THE LARGEST SHAREHOLDER IN SAS, because the share price has been dropping consistently 0.87, 0.85, 0.82, 0.76, 0.74, 0.71, 0.695, 0.68, 0.67, 0.66, 0.64, 0.635, 0.62, 0.60, 0.595, 0.58, 0.57, 0.55, 0.535, 0.5, 0.505, 0.50, 0.485, 0.48, 0.47, 0.44, 0.435, 0.37, 0.34, 0.33.... as of today is at a new low at RM 0.33.
Sun set industry. Unlikely to revive. Old vision is outdated. Close to 40 million of borrowings, interest itself may kill. Huge current assets reflect its poor ability to convert CA into cash and part of it may eventually write of. Good luck everyone.
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....
Thepainfultruth
222 posts
Posted by Thepainfultruth > 2019-06-24 14:15 | Report Abuse
Dropped 3 % today