controlled by 10 richest Malaysian Tycoon...
Hap Seng Conglomerate Group LAU

low gearing at rm13M against Shareholders funds of RM 671 M .Working capital ratio at almost 3 times...how to go into PN 17??

Moreover also have to consider my single counter limit of purchase.

I am looking for bullets to average down but with already few hundred lots in hand not easy to average down

but still has rm46M RCSB under current liabilities.

good news

Benalec's Redeemable Convertible Secured Bond of RM 200M has been fully settled as per it's latest quarterly financisls

I have been averaging down from above 20 cts

I still want to average but now run out of bullets

hi Michael...my cost is 13 cts

my cost very high but will keep for long term

storage

for storey oil facilities

hi...just out the news ...world is short of oil storage facilities so good for Benalec as it is reclaiming land in oil facilities in Johor..horay

suddenly

everyone get caught when it declared 1 ct dividend

at 6cts

unable to explain
other than PANIC selling

investors are crazy selling ....MK Land NTA almost RM1....with most land undervalued.

social distancing

people must distance themselves 6ft from each one when they are out

Make it compulsory to wear masks when going out.
Follow China.

stay healthy for Bursa to rebound

notice everyone in China wear masks

then... a vaccine will be produced

if you cannot get mask , make one at home ....better than none

then everything will be ok soon

besides 1) always wear a mask going out 2) wash you hands 3) stand 3 ft apart when speaking to

if everyone cooperate n practises social distancing strictly,then Cv will dies off slowly in time...

panic selling everywhere lah

bornoil is controlled by Hap Seng boss Tan Sri Lau which is the 10th richestBillionaire Malaysia so PN17 very remote

margin call ??

crazy dumping today??? any bad news to share plse ??? Thank you

yes I think it's margin call...time to collect cheapest n lowest

cheap sale

one hand selling...other hand collecting

should support the share ....nta 19cts n last FY net
profit is rm9 million.largest shareholder PNB 14 %
MTDDev 12%

even when almost 50 % down

one crazy fellow keeps on selling

already key in to queue at 8 cts....8 means huat

ex date 30th March 2020

notice to all...RGB just declared 0.003 cts dividend

no money to collect already...stuck with cost above 22cts for more than a year

politics,Corona,the fear of cancellation of mega deals etc

stay strong...today the sentiment is really bad especially for penny stocks due to many issues

accumulate for long term

haiyoh...I only buy 50 lots at 3.5 cts but I also buy some WD at 1.5 cts due on 2027

DPS

DOS property business actually quite well managed

recommend to recruit a professional to turn around its losing timber business n it's share will fly ...Paramount is doing well