If the trading volume is thin , it means major shareholders are not selling . If the company's future growth or prospects are good which we do not know , but the major shareholders know , then they will accumulate quietly and slowly . When analysts give good comments , the share price may had gone up a lot or even doubled from the current price . If we can evaluate the company's performance in the next one or two years , then we can decide whether to buy , to hold or to sell the share .
has anyone question the management during the AGM about whats the business nature under "Other Services" segment? it making huge losses, i couldnt find any elaboration or details about this segment in the latest financial report or quarterly report.
the VIndex is damn chun. Suppose buy on yesterday after show BUY in the app. Did not take action in the morning and then shoot up....now wait for reversal
Re trading volume thin, of course the major stakeholders can’t trade, their shares are already locked down for financing and their stakeholding will be diluted once they call for private placement
The 2nd and final tranche of PP executed on 2 Jan 2018 was approved by shareholders at d AGM way back on 21 Dec 2016. The mandate was implemented only on 7 Jul 2017. Addnl shares were placed out in 2 tranches on 10 Aug 2017 and 2 Jan 2018. Nothing new abt it. Considering all d projects undertaken and cash outflows since 2015 which were not supported by any revenue from those projects. Given such situation, any other company and not OWG alone, will do likewise.
The scenario now is very much different. This is d time to enjoy and to reap d fruits of labor for all d hard work done during d past few years as all its projects are coming to fruition one by one, beginning from now onwards. The decision is yours and you r not going to share yr profit w anyone. All the very best.
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hostan
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Posted by hostan > 2017-12-04 10:52 | Report Abuse
why today no trade ,thanks