The move of Director is so silly when he disposed just before qr result released? You think the Director is really that silly or he got another intention? PS: No buy or put call from me!
I suspect the boss selling Puc mother to raise fund to convert his PUC LA. look at the announcement earlier, calculate yourself how much he need to raise to fund the conversion. From the amount he sold last few days should be sufficient. Let wait patiently for next announcement when he convert the LA
Agree with Ultaman and Funda. let's wait for it to fly, and flush out the noise. It doesn't make sense for him to dispose off before qr result for no apparent reason
boss disposed thru direct business transactions 30m @ 0.13 - strategic investor? (not to small retailers like us). Normal lah 15% discounts for such bulk disposal. 0.13/0.135 safe bet.
From my experience,,Bank Negara can approve one...it means tis company should b not problem...may bbbbbbbb...d operator press down d price...thengood QR limit up again back to take over PictureWork price 32.5 sen..tis is operator tactic...tis counter like gambling...countdown 10day togo
Monday to Thursday morning press till u sweating...afternoon rebound to 10sen again ..end of the month GOOD QR GUARANTEE FROM PICTUREWORK LIMIT UP AGAIN
May b his prediction will come true 0.07 coz tis counter is gambling counter...n recently they had many pp..i dun think they short of money...the style they play is like 10years ago GHL which they start involve in banking system..hopefully my prediction come true...
iiiffffffff QR good sure limit up coz guarantee by PictureWork at 32.5sen...believe Bank Negara they wont approve any financial services to lousy company
cytew, u are exactly on my thinking length. Thank you for taking the time to wrote the lengthy explanation.
In due to company expansion, scenerio 2 is likely to exhibit the general scenario. Drastic development NEED MONEY. How a company source money?
PUC thru Mr Cheong,have done private placement few rounds to some Investors at excruciating discounted price. He welcome big investors with big arms.
Secondly, the LA (e.g cytew) mentioned clearly, 1LA+5 cents to 1 mother share, he accidently, earned 8 mil into his account. free money, who doesn't want it?
it's not a case of manipulation by PUC. Hope investors don't misinterpreted again.
cytew, tq for the logical explaination.. if it is true then the boss has made a very good strategic move and made himself some profit and at the same time helped the company to put in extra money into the account which will give positive effect to company's next QR. I think the boss also anticipate good results in the coming QR. If that becomes reality then the boss will make extra gain from the push up of the shares price due to the good QR...
Dilution is not a main issue now because the company is at a growth phase with lots of capital requirement for expansion. Dilution might concern those with dividend payment (i.e. stable mature business) - which is not applicable to PUC.
Think about growth. Grow the pie bigger and everyone will benefit from bigger pie!
RosAng. Well as a smart business owner, I would imagine him/her to truly focus on building the business long term rather than to make quick buck like what you've said - pump and dump.
Firstly, he will be losing a lot of credibility for ethics reason if he does that, particularly those that did pp at 13 or 15 cents with view on long term growth prospects. Smart for him to do as what you said? Logically no for a company that is growing & might need future capital injection.
It boils down to executing his plans, building trust by investors. And once the business grows he and investors will reap MORE benefit from a bigger pie - than just short term goreng & losing everything after that. I'm just saying based on logic perspective. Well of course, no one can control others from pump & dump (i.e. not the owner himself)
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Bren21
182 posts
Posted by Bren21 > 2018-11-15 19:27 | Report Abuse
As i can see it was all sold on 14 Nov not today. So why price down today?