krono is moving in the right direction expanding its business through acquisition the data are showing the company is in good hands and growing stronger and stronger
now selling pressure high, cannot up :P but the main affection will be on the dilution of share, which affects the eps on the upcoming quarters once finish aqucisiton.
But this looks more like a JV to me, you get 70% of the company, but in the end they own 20% of your company. and you are not the largest shareholder anymore.
In fact, following a string of acquisitions in recent years, Kronologi’s net profit has grown over five times since it posted a net profit of RM3.05 million in FY15. kronologi upbeat about prospects with sandz buy.
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....
Nicholasming91
3,559 posts
Posted by Nicholasming91 > 2019-02-28 14:43 | Report Abuse
Those no read report sold , just wait for time to digest