Following the launch of the logistic business and the soft launch of Lamboplace e-commerce platform on 18 August 2018, the Group expects to derive more revenue in line with booming e-commerce sector in Malaysia
After this quarter result announced, I can speculate that they probably want to privatize this company. Don’t forget that it has more than RM80 mil cash in bank which is about two third of the market cap. By taking private, they can also access the cash and not much extra money they actually need to come out. They can actually sell it again to investors at a price which is few times higher or relisting in Bursa after few years’ time. This is very common in Malaysia.
What the hell on this counter from 0.12 drop to0.055 almost lost 55%lost arld but earning is ok all cut lost alrd shit and pui the insider collap all the money this is a money game counter
With such a high number of shares more than2 billion, and share price going down continuesly, it remembering the case happened to vivocom. Now vivocom is worth not more than a peanut.
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....
cicakman
7,756 posts
Posted by cicakman > 2019-05-30 15:58 | Report Abuse
10 cts cheap got buying.Now 6 cts cheapest got collection last few days.Can sell 8.5 is good.