These past few days weak contra players have been slaughtered. That's why so much anger. At 10.5 sen the downside risk is limited (to 5% if price goes down to 10 sen) while the upside potential is huge in terms of percentage. Where can you find a stock that might go down 5% or go up 50%? The global stock/commodity markets are seeing the birth of a young calf which shall rise to slaughter the bear. Try to buy at 10.5 sen if you still can and then hold for the great day.
TheContrarian, glad the reasonable people like you still here. Today, read PUC signed MOU with Chiyo Asset Management KK to help obtain institutional capital as a source of funding to grow its financial services business.
PUC said Wealth Pursuit is “desirous of collaborating with Chiyo to obtain institutional capital to grow its financial services business”.
So, PUC through Wealth Pursuit get Chiyo to grow their funds, also to allow YAPEEM to borrow money from Wealth Pursuit?
Sounds like a good source of stream income for PUC.
Friday around 330pm massive queue jumping in at 0.105... Let's see the prospect of this counter I think personally downrisk trend is limited now, but who knows lol
11street acquisition completed on mid Sep 2018, technically speaking, they should only recognise half a month of 11street loss. If RM400k is only for half month of loss, full month is RM800k, 10% will equal to RM8mil per month. So means in dec quarter, the share of loss will be at the region of RM2.4mil if 11street still running at RM8mil loss per month.
But dec QR will still definitely show profit, because if the profit is not enough, just need to reverse the provision for doubtful debt from last year.
CCC of PUC sell mother shares, convert the shares, money goes to puc, then puc pay pictureworks vendors, who so happened also called CCC? Isnt they are the same person? The explaination given as if there is another ccc in pictureworks. Funny.
Left pocket to right pocket. The question is who take over his mother share in the first place? Public or funds?
PUC-LA will expire next month and will automatically be converted into ordinary shares. The Director by converting a month earlier has given up on the 4% p.a. interest on the LA which will be paid next month. This has benefited the Company via savings from the LA interest.
The floating of too many shares created in the market usually will cause share price to stagnant and harder to climb up. Looks like LA conversion already took into C3 exercise. We need to look ahead.
Hi CyTew, appreciate your advice whether should I convert PUC WB to mother shares or directly buy the mother shares since both value are almost the same..Tqvm
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....
jay_cwk88
484 posts
Posted by jay_cwk88 > 2019-01-11 21:34 | Report Abuse
Hahahaha