2018 CHEONG CHIA CHOU takeover brother 40% he start selling reduces to 10% reason is CHEONG CHIA CHOU now Age 45 he feel not well in last year .hemophagocytic lymphohistiocytosis is Genetic disease It's not easy to live to 40s is miracle .PUC no family successor so need to reduces to simple controlling stakes like non current asset company shares holding exchange to cash for both family and waiting other people takeover PUC.
2014 CHEONG CHIA CHIEH have 62% PUC stakes he selling reduces to 40% in 2015. In Feb 2016 CHEONG CHIA CHIEH Age 44 died from hemophagocytic lymphohistiocytosis .ESTATE OF THE LATE CHEONG CHIA CHIEH eldest brother CHEONG CHIA CHOU takeover manages operating PUC. 2018 CHEONG CHIA CHOU takeover brother 40% he start selling reduces to 10% reason is CHEONG CHIA CHOU now Age 45 he feel not well in last year .hemophagocytic lymphohistiocytosis is Genetic disease It's not easy to live to 40s is miracle .PUC no family successor so need to reduces to simple controlling stakes like non current asset company shares holding exchange to cash for both family and selling to other people takeover PUC.
Read from above link and pending corporate exercises , namely (1) share consolidation (2) acquisition of remaining 67% of Pictureworks (3) 30 % private placement
We should understand why redhot media has been reducing its stake from 40+% to currently slightly below 7 %,
Currently buying PUC is actually equivalent to buying Pictureworks...(back door listing actually)
If you still can't comprehend thoroughly... about it....Stay sideline and watch ... sell what you have in hand if you wish..
Last year I sold off at around 15.5 sen for a 50% gain after holding for just a week or so. Then this year I bought back at average price of 9.5 sen and sold off all at 11.5 sen. Now at 5 sen I am not even gonna to buy back.
Buying Puc got picture work, profit guarantee only till 2021, pay ccc balance 120 m, he will start 'PictureSureWork' in 2022, which he has exited puc by then. Who win? Puc, who’s the idiotic fella, CY tew, which can be ccc too
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@cytew you are right, buy queue at 5.5sen today. My average price is 7 sen, do you think i should continue holding it? if yes until when is the best time?
@MrStart, Yes, just hold it till the completion of (1) share consolidation of 5 to 1 , (2) acquisition of 67% of Pictureworks, (3) 30% private placement
Soon you will see Q buy at 6.0 sen...
Avoid “这里小人的閒言閒语” , because they are the "' losers" in this highly controversial counter , and we are ready to turn the " tide" , this so called " 老千股” soon it would become " 神仙股 ” ....Just wait and see...。
roszali, itu business kena ada. Karang banyak MOU kat PUC. Kalau selalu "hari hariMOU" tapi tak ada execution, itu sekadar omong2 kosong saje. Dui keluar banyak, masuk tade. Susah!
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freddiehero
16,722 posts
Posted by freddiehero > 2019-12-11 16:03 | Report Abuse
thanks to cytew all the info...