lets be realistic with the announcement from bursa, basically fund raising are related to bumi shareholding in the company. basically with this exercise, the company able to convert themselves to Main Board in Bursa instead of now only at ACE.
why can't CEO sell his share? you think CEO no need to eat? investor or trader can trade so is CEO or major share holder of the company, CEO sell share he will make announcement to let you know and you can sell if you feel like it
OVH was showing impressive net profit in 2021 while most service providers suffered. When you find such gem in an industry, better asked questions before you get trigger happy. Ask: 1. Why they are different? They are technically superior? 2. If not technically superior, why margin better than others?
On top of that, why raising funds since making good profit? Expansion? Into Middle East or space? This will be my only comment
OTHERS Ocean Vantage Holdings Berhad ("OVH" or "the Company") 1. Letter of Award ("LOA") from Petrofac Engineering Services (Malaysia) Sdn. Bhd. for the Appointment of Ocean Vantage Engineering Sdn. Bhd. as Subcontractor for the Civil, Building and Piling Works for Additional Gas Sales Facilities 2 in Bintulu, Sarawak (BAGSF 2). 2. Official Press Statement by OVH in relation to "Ocean Vantage secures RM71.3 Million Contract from Petrofac in Bintulu, Sarawak".
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....