Just went back from komtar...frankly saying the entrance design there is terrible complicated. All around it all terrible old mall and a lot of small shop lots are abondom...overall the enviromental there is awful.... when visiting its entertainment sections there....very kasihan people visiting there. Most of the people said they rather go to penang hill for sky view rather paid so much for that komtar sky view. No worth it at all. So disspointing at this new tourism spot....
owg is a very cunning company. since last yr, aldy announced few bad news and kept quiet about the Genting side. as a regular patron of uncle Lim's resort, one can see that they hav at least 2 restaurants in Genting Sky Avenue. good lacation as well, nearest to the brand new casino. operates till 12am where others were closed at 10pm. and with soft (quiet) opening of Genting Premium Outlets, OWG actually managed the whole food court! the one and only exclusive food court. even the mineral water bears OWG logo. of course there're many other restaurants in GPO, but the food court will always be the crowded one. at current low share price, no wonder why their own ppl are accumulating the shares (refer to Bursa announcement).
1. Poor disclosure requirement on work in progress. May be do with purpose. Good luck for the minority SH. 2. Cash flow turned to negative last year once got listed. 3. Ask for money from private placement. Should ask from existing shareholders if it is a good deal. ...
Don't fight against the trend. 1.40 broke. Next support is 1.20 and 1.00. I believe 1.20 will soon broke and move forward to 1.00. Once broke 1.00, 0.90 to 1.00 will be good buy.
almost everyday in Top Loser section. disposed all at heavy loss to garbage bin. from 2.4 to 1.3, thats 50% down. if it's not rubbish, i dunno what else it should be called.
As i shared, downtrend is confirmed. Those bought, either cut loss or accumulate more later. 1.20 is the next support. If broke, then 1.00. Then it's time to slowly buying in below 1.00. Just my view only.
If directors bought it with insider information, they are offending the laws unless authority is sleeping. Poor disclosure requirement always put minority in a disadvantage position and just invest or speculate by luck.
At this trend, looks like they are having difficulty to get buyers for the private placement but to push down the price temporarily to get the buy in, unless the coming quarterly results show some improvement or certain projects are in schedule. At $2 some said it is attractive, luckily poor man has better patience.
spot on, jeff. press d sp down, otherwise no takers 4 d private placement. any significant earnings visibilty will only b reflected in Q1 2018. Ill b surprise if Q4 2017 can do better than Q3 2017.
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 352 views | 2 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11670 views | 10 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
darkdragon
16 posts
Posted by darkdragon > 2017-06-07 11:15 | Report Abuse
till now, still don't know when genting will open. sigh...