i-Stone Group Bhd (i-Stone) today announced the appointment of its substantial shareholder Datuk Awang Daud Awang Putera as the company’s non-executive non-independent chairman.
miss Tee has 395mil shares before dispose to mr awang,assuming she can offload all at open market 0.20 is $79mil .Now she has 65mil shares only after disposed to awang at 0.175,in order for her to get back $79mil,her 65mil shares must sell above $1.20.I strongly believe istone will go to $1.20 next year,any new project from awang will cause limit up,this is just my opinion not buy call
Guys, i would advice to collect mid-long term. This is the most promising counter in a very long time. Penta strong quarter, plus Covid will soon be under control means more businesses will operate in full throttle capacity to coup with market ever growing demand.
Plus its AWANG. Long term hold till (next year) is basically no brainer profit.
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....
Lappier811
183 posts
Posted by Lappier811 > 2020-08-19 21:17 | Report Abuse
Good prospect. Stay tune. More announcements coming.