hang in there! wait for announcement then decide

yes, time to top up

as projected. Now stay calm and enjoy the show! it was really worth the wait even when it went down! fuuh! back in the game again!

1.50 in feb- now 3.34.. a lot of deep pockets here man..lalalllalalalalalal all the jolly good fellows

agree with you jim, my bell&ross came from this counter

Which will materialise in what? 3 years? 5years? 10 years? I'm sure Daya has promessional indemnity insurance covered for this, if they do then the insurance company will handle it.
small matter no big deal, unless one of them is under investigation by MACC then i'd have second thoughts on the viability of the business

They've been making losses due to existing projects in progress during the year. That's normal for a construction company. You can't expect a large profit margin for construction companies. Their recent reverse takeover bit, if approve will help them with the CAPEX while they have a large chunk of cash in their bank. RM 68 Mil. The directors have some shares in the company as well. What's the worst case scenario that this company to go bust?

1. They really screw up by inflating profits like the Transmile Scandal years ago which I think is very minimal because Ernst & Young has signed the report and it has been issued at bursa's website on 30 April 2014. Ernst & Young has a good reputation in the industry and very unlikely they would any any crap going on. Being an Auditor with one of the big 4's before, they are really strict when it comes to issues like this- The board has to clear all issues or else we are not going to sign it and if it passes the dateline, we'll be sounding Bursa

2. Even if the stock market crashes, the company still has to proceed on with their projects in the pipeline.

So if you want to go in for this stock, it better be long or go over to genting and have a game of roulette. You'd earn more there than here.

On the other hand there is no going concern issues with the company as they have a list of projects in the pipeline. All they need is cash. with 60 over mil, banks will be willing to loan them cash as their liquidity ratio is about 1.46 which is pretty much fair for this industry.

if you hold on to your position, companies like this will respond favorably to any catalyst and the chances of a rights issue is very high as the company can't pay much dividends owing to it's aggressive growth rate of 85% over a year

Well that's why I'm willing to hang on to this stock. My personal opinion

Cheers

yeeah..got to go for long on this.

thanks to the 257k @0.345 last call. Price close unchanged

hold

i que'd at 1.04. Heng 611. Agree with you