i'm confident with long term but its performance since main board transfer is really disappointed..when it's not up to expectation, it's kinda depressing
perhaps will up after Q result....PE quite high and nothing to support the price....it up quite a lot already prior transfer to main board...not perform well after to main board....
HEADS OF AGREEMENT IN RELATION TO THE PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN SMHB ENGINEERING SDN BHD (“SMHB ENGINEERING” or “TARGET”)
.......The Purchase Consideration shall be satisfied by the Company on or before the completion date in such manner to be stipulated in the SSA via a combination of cash amounting to RM162 million (“Cash Consideration”) and issuance of new ordinary shares in HSS (“HSS Shares”) amounting to RM108 million (“Consideration Shares”) which are to be allotted and issued by the Company to the Vendors or their nominee(s) at an issue price of RM1.14 per share which was based on the 5-day volume weighted average market price of HSS Shares up to the market day preceding the date of the HOA......
No worries, HSS super duper.....progressives co. I expect many awards in this quarter. Should buy more when it drop more...I been following since day1.
When you can buy 50yrs old co; the only major player for water engineering at P.E 10....together with their ongoing book order, cash etc...then it's a very good buy...surely will be at least 25 when everything in place.
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....
The_Reds
2,025 posts
Posted by The_Reds > 2017-10-17 16:10 | Report Abuse
yes..today i also top up 1.08-1.09