Does anyone know when the private placement, if any, will be completed? Will the company reveal the amount to be raised?

FYI,

https://theedgemalaysia.com/node/723789

Despite the earnings miss and margin pressures, Phillip Securities maintained its ‘buy’ call, citing the stock's attractive valuation at the current price level.

Very smart...sell just before lunch break.

Hope the price don't drop further, else wouldn't Ms Tee be in bigger trouble? I guess buying the shares is in a way helping her?

The father is doing a great job with Sarawak..I am looking forward to see what the son can do..😊

Hi @Salahuddin...Thank you for sharing...it is comforting to know that Minetech is heading in the right direction. Can I ask how you arrived at the 0.6 tp and what your estimation is on the timeline to arrive at the tp?

Wa...so many encouraging responses..😊

Sadly even though Bursa rebounded, DFX did not.

JTG having a bad day. Is there any latest update?

Hope will have upward movement soon.

Thanks @FortuneBlooming for the positive thought..🙂

This morning's panic seems serious. What is the news that caused it?

Its also on Minetech FB too...

Clever

Thanks IlmuKhodam..😀

@luckaje, thanks for your opinion.

@IlumKhodam, is it possible to shed any more light on the possible Citaglobal-Minetech collaboration? I think will make sense to work together. However, wasn't it already mentioned that Singapore will undertake the laying of the subsea power cable?

@luckaje, so does it mean that the share price will be going up soon?

Thanks @Lau. Looking forward to the QR announcement.

Is Vestec QR announcement 17 May? Will the numbers look good?

If drop more, should buy more. Funny that before QR price starts dropping. Its either bad news or someone wants to profit from good news announcement. If price drop further its probably worth a punt.

Wonder if Bursa will issue UMA for dropping so much in 1 day.

Thanks DatoT20 for sharing your chart. Indeed, technically, the price should rocket up. Have accumulated and now patiently waiting but the launch seems to be delayed. 😁

Thank you DatoT20 for sharing your insights.

Thanks for good news, Paktua. Hope share price will higher soon.

Edwin, nothing to be sad. Depends on objective. I am holding my YTLP too. Its long term investment. I am keeping it for dividends too.

Thanks Paktua.

Is there any news recently impacting the stock price, causing it to drop so badly?

@DatoT20, well said. We should look forward, beyond this coming results.

The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2027. https://www.power-technology.com/marketdata/power-plant-profile-citaglobal-masdar-pahang-solar-pv-park-malaysia/?cf-view

If MOU cancelled, don't think have compensation, as there is no formal commitment, just an intent to work together...

With a small increase in price, hope indication the show starting soon...Wish all a good start to 2024.

👍👍👍👍👍

From being a construction firm to energy provider, its no small feat to reinvent itself.👍..Hope Citaglobal succeeds.

By the way, think Citaglobal wants to be a key player in Renewable Energy.

Phoenix, as what Yusof said, someone is accumulating. Also with all MOUs signed, will take TIME to implement. If Citaglobal can assemble all these parts together, it will be very good for shareholders. For some ideas can look at Reneuco for some clues as its also a partner with Cita for the ECRL project. Think should be soon as the ECRL project needs to be delivered in a couple of years.

Durian trees take 5 to 7 years to bear the delicious fruits....am sure our patience will bear fruit soon...😄

Its just further discussion of the Waste to Energy project with Chinese company..https://www.thestar.com.my/business/business-news/2023/09/18/citaglobal-signs-rm15bil-mou-with-chinese-waste-treatment-firm

MEMORANDUM OF UNDERSTANDING CITAGLOBAL BERHAD ("CITAGLOBAL" OR "THE COMPANY") - MEMORANDUM OF UNDERSTANDING BETWEEN CITAGLOBAL AND SHANGHAI SUS ENVIRONMENT CO LTD
https://citaglb.investors-centre.com/new-announcement.htm?NewsID=202312185000006&Symbol=7245

What? Now got 2 Agong in Citaglobal?😄

@phoenixqueen, slow cook soup tastes better...maybe Citaglobal just need time for flavour to come out....🙂

Some people have belated 12.12 sale...

🐸🐸🐸🐸🐸

@Yusof896, price dropped, volume increased...😅

😂😂😂😂😂

👍 hope its good news..

Zzzzzzzzzz.........

Yawn.....