I just read the proposal. from my readings, good things are:

the directors also undertake to subscribe 10m if there is no right issue subscription.

btw, the proceeds will be used a lot for expansion and working capital. all the general planned projects before are explained in details.

furthermore, the company also plans to jv with hc companies to distribute facemask etc thru the vending machines.

if these things are highlighted in news, so good.

Tayor.

Pp price is at 0.056. 0.055 is even lower than the pp price. The queue is so huge last friday at 0.055 to get a lower price than the pp. 0.055 can be considered as a support price, as it is the pp price area as well as the horizontal support for previous daily chart candles.

To also note that the latest pp is 30% which is already completed. The proceeds will be used among others for the AI vending machine.

Even just few months before there was also a 10% pp to be used among others for the working capital. Why are the investors so keen to invest in this company?

Accumulation stage is also spotted at the 0.02 to 0.025 price. In my opinion, now should be the consolidation stage before flying higher. The reduce in the price last week was caused by the overall market sentiment.

The director who is also the director of xox has just newly joined dgb. You can read from the latest 2019 annual report. For now, xox price flying already.

I do not want to predict the q2 result. Good or bad, it is still a long journey ahead. They have got a lot of cash for future growth from the latest two pps.

The latest announcements also told us on the interest from the two young directors who also want to do the deal. If I'm not mistaken, both currently do not own any shares in the company, so then the deal should be a buying/collecting signal from the directors.

Btw, Malaysia PM has also just announced on the interest from big tech international companies to help Malaysia to be the Asean Hub for Tech.

Really really good news for tech sector.

Just my two cents. Tayor.