*** The MOU is not expected to have material effects on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholding of MNC for the financial year ending 31 December 2017.
*** The MOU does not constitute any legal binding obligation between the parties until definitive and binding agreements are executed between MNC and M3 Tech.
All these are just news and rumours, it will all boil down to actual business and earning. But, do alibaba need us ? Think think first. My personal opinion.
Most of us know there is no any legal binding effect for the MPU, but it is a good news or catalyst for the counter. The company will try to work out thing and hope to see more good news soon.
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....
mh87
3,966 posts
Posted by mh87 > 2017-04-12 19:15 | Report Abuse
looks like good news for both MNC and M3tech..