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2018-04-13 22:04 | Report Abuse
Every companies have their challenges. They're taking actions by disposing their assets to offset their net liabilities. This way, they will have surplus from the assets.
2018-04-13 22:02 | Report Abuse
taitaumau, this news already out and the Auditors proceedings already give their findings from the audits done.
In fact, YKGI issue is they can't contained the increasing price of the raw materials which took huge part of their company profits.
This is concern.
Good news is their inventories balance of 98 and 63 mil are still in the warehouse and it's good they could sell it off when market price for raw material improves.
What are they looking ahead for now.
dispose their none current assets which means assets that will be intangible and need to hold for a certain period.
They are doing/ have done:-
The Company had on 19thMarch 2018 announced that it has entered into
Mutual Confidentiality Agreements with
two (2) parties namely CSC Steel Holdings Berhad and NS BlueScope
Malaysia Sdn Bhd
(“NSBM”)with a view of disposing certain assets (“Proposed
Transaction”). Currently, NSBMis conducting a due diligence on the Proposed
Transaction; and (iii)In relation to the above, the Board has agreed to classify certain non-current assetstotalling RM222.14million to
assets held for sale under the current assetseffective from February 2018. The classification will temporary address the net current liabilities issue pending the disposal of the assets.
KEY-POINT:-
Once the disposal is successful, it will resolve the material uncertainty related to going concern.
2018-04-13 12:07 | Report Abuse
ESOS at 23 cents pershare. This make the warrant look more attractive for now.
2018-04-07 22:09 | Report Abuse
Micheal Yeo, I disagreed with you. What is your risk term like? Mid term or short term? If you go for short term, then better don't touch this counter.
To own OCNcash, u need to HOLD. No need to trade on this stock as it's downtrend.
2018-04-07 18:25 | Report Abuse
Trump have no way to but to oppress China for money. He need to show his powerful position can bring America back once again. If not, why is he the President? He need to show his people he is working .
2018-04-05 17:39 | Report Abuse
thanks Calvintaneng, we need to be vigilant on trading in all aspects.
Buy call or sell call, it is individual choice. I agreed with Calvin.
NTA 17 only for what offered now 355 still considered high.
TA people will say, it's on resistant and it's good to buy.
FA people will say based on valuation.
For now, market is yoyoing. We need to be patient and careful not to simply pressed buy button.
2018-04-04 15:54 | Report Abuse
Need to show power. Pre election mode on
2018-04-02 18:43 | Report Abuse
calvintaneng, should I buy Aemulus now?
2018-04-01 09:53 | Report Abuse
what will be the next stop for PUC tomorrow?
24, 245, 25, 27?
2018-03-31 19:35 | Report Abuse
I don't think BP Healthcare will have anything to do with PUC. Agreed we shouldn't share false news .
2018-03-31 19:35 | Report Abuse
ran777rpt, can elaborate more on the Picturework acquisition please?
2018-03-24 00:30 | Report Abuse
No move don’t think too juch
2018-03-23 12:58 | Report Abuse
no reason to fail to deliver
2018-03-23 11:37 | Report Abuse
PUC fundamental is good. Need time to get the previous sellers to go. Cleansing the stomach need time, to flush out the old junk. Then only replenish with the vitamins and new food.
Takes time
2018-03-22 22:55 | Report Abuse
VenFx, 2 PA-Fintec for 1 share? U sure?
Current mother is 12 cents. Current PA is 6 cents.
2 PA = 12 cents. Good price?
2018-03-21 18:44 | Report Abuse
Ocncash have discounted the effects of the drop. Need time to turn up
2018-03-21 17:43 | Report Abuse
anfule1018, the signing got push up the price?
2018-03-21 16:50 | Report Abuse
moneykj, apa cerita? ada kena mengena dengan Panpage ke?
2018-03-21 16:18 | Report Abuse
actually AGM power cannot supersede the decision of the directors, no?
2018-03-21 12:09 | Report Abuse
looks like its brought back into radar
2018-03-20 21:35 | Report Abuse
opms, who knows tomorrow will touch 50
2018-03-20 18:59 | Report Abuse
is 43 cents low still? Anybody can comment?
2018-03-20 18:59 | Report Abuse
Chinese newspapers readers are still huge demand. The Chinese vendors love to use newspaper to wrap their food and pork. hahahahahha got many usages. From buying 4D to start fire, all need newspapers. hahahaha
2018-03-20 16:58 | Report Abuse
good job today Panpage. Tomorrow will be another good day?
2018-03-20 14:56 | Report Abuse
fyh30, based on what?
2018-03-19 22:16 | Report Abuse
Lcy98, I am refecting to some negative people who keep wanting the price to drop lower, by pressuring the bad news more.
2018-03-19 14:59 | Report Abuse
If you read the paper carefuly, WE WILL BE BACK IN THE BLACK THIS YEAR....
MEANING...." it's a black year this year lah"
this is where they will collect low....low so that the following year the bottom is final and time to retrend upwards.
2018-03-19 14:54 | Report Abuse
no lah Coldstone98, drop until 0.005 better
2018-03-15 18:12 | Report Abuse
REACH...either to your doomday, or to heaven. Let the market decide.
2018-03-15 17:57 | Report Abuse
Tocotrienols developed by Hovid can have a look.
2018-03-15 16:48 | Report Abuse
DaitoRyu, Make it 12 or 10. 14 too high lah.Apalah..
2018-03-14 23:53 | Report Abuse
I understand lasy year , YKGI didnt do any fried rice. Due to this reason too, they're hungry. So, I don't see any reason why they cannot fried rice.
2018-03-14 18:16 | Report Abuse
signn, buying calls varies.
whether psr mlm, or high standard, if really tsunami, all die together.
2018-03-14 12:40 | Report Abuse
if mother become .50, what do you think the warrant will be???
at current warrant is 8.5-9.5 cents. mother at 39-41 cents.
WHY NOT???
Warrant current deemed not atractive BECOZ HAVEN'T MOVE YET
2018-03-14 12:36 | Report Abuse
That's why a business monopoly by a specific race will not have good return.
what's more when it involved politician. U all know lah, Politician only good at talking and not executing work.
2018-03-14 12:30 | Report Abuse
wah..money laundering in Puncak????
2018-03-13 17:08 | Report Abuse
blank73, then keep for your cucu lor
2018-03-13 16:01 | Report Abuse
why buy at premium when you can buy cheaper at warrant?
YKGI-wb offers wider return since it's still not yet move much.
safer net for your capital. Just need patient.
can enlarge your profit with warrant. warrant due another 2 more years. long time still
Stock: [ASTEEL]: ASTEEL GROUP BERHAD
2018-04-14 16:53 | Report Abuse
Hoe Weng, if you look back YKGI last year from Feb until Dec, 2017 chart pattern , what do you learn? It was the beginning pain of the company. With escalates price of raw materials , the company is losing businesses hence losing their business profits even with businesses coming in. Their main problem is their business cannot control the raw materials pricing.
Secondly, why the price this year can rose from 16 cents to 43 cents as of yesterday???
I see the news of yesterday was indeed a good news. Once they dispose of their irrelevant businesses and non current assets, they will be free from in debt ness. This provide them a capital to venture into other businesses. YKGI, have been established since 1990s. So to say, there will be good revenues for them.
YKGI is just one of many companies who suffered the fate of keeping up with the fast moving industry pace. Nothing to brag again their losses.
Just relax. This company TA is showing you why the shares are bought higher price. I believed big giants like CSCSTEEL acquiring YKGI CAN GO THROUGH.
I GIVE BUY.