likely this share will end up the similar fate like keywest and insbio.. with 300k in revenue per quarter, delisting looks like the only option available
lol.... the cycle has always been like this seen 3-4 years ago. as at 3.00pm today, the share drop to 0.075, then suddenly back to 0.08... damn, miss the chance to buy at 0.075.
this company looks gone. the officials also not seem to be interested! from announcement, looks like there is no CEO or even an executive directors who is Malaysian. looks like the foreigners are just interested in letting the company go delisted!
Folks, been tracking this stock previously and it's a shame it's ending up where it is now. As commented by some here already, the likelihood of delisting is real and there seems no turnaround plan from the management. The only hope is for a white knight to surface.
axis, with 300k per quarter of revenue and the likelihood of further deterioration in the current quarter results, I really don't see any opportunity to turn this around.
better u put your bet on mq tech...now 15.5 cents...and if that's how u want to play..why don't just put buy order for mq tech..say at 13 cents..sama juga kan...tapi nasib untuk gulung tikar kurang ma...potential very high
in their recent announcement :We refer to the announcements made on 31 October 2013, 2 December 2013 and 2 January 2014 in relation to the Company’s GN3 status, the Board of Directors of Cybertowers Berhad (“the Company”) wishes to announce that the Company has further triggered Paragraph 2.1(f)......
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....
oasischeah
1,461 posts
Posted by oasischeah > 2013-11-08 17:03 | Report Abuse
Eventhough there is big volumn, the end of day is still in negative territory.