maybe he meant 0.0089. anyway this cybert is already a piece of shit. with little attempt by the managment to get out of PN17, those holding it better sell with whatever you have left
if you read the quarterly reports, after disposal of subsidiary, only debts on the book is rm 4 mill which is owed to one of the shareholders... may be a good company for a backdoor listing? anyone's guess really
From a high of 2.12 on 9 July 2012 to becoming one of the cheapest counters in the world. There were surely manipulations going on with a syndicate/s pumping up the price, drawing in unwary retail speculators... and then leaving them to hold the bag. And what had the Securities Commission done about this - did they launch any sort of investigation and what was the outcome? NONE as far as I know. The SC seems to be limited to issuing UMAs... and that's it. Can't depend on it to protect investors or take meaningful action against perpetrators.
I wonder what kind of business Cybert is doing now? Its NTA is at *minus* 0.03. Last quarter, revenue was a miserable RM14,000, registering a loss of RM570,000.
There's a proposed regularisation plan, which will involve capital reduction etc. Almost dead but at least there's some sort of plan. Market capitalisation is RM2 million. Guys, why not we pool our money and take over this company? Can see our names listed in Bursa announcements as "major shareholders" or "significant shareholders", at least :-) http://www.bursamalaysia.com/market/listed-companies/company-announcements/1818285
Intends to buy Bsmart Comm for RM110 million. I've had a cursory look at this company and business (some sort of vehicle anti-theft/tracing system) and have the feeling of "grossly overpriced". I have doubts the authorities would approve some of the proposals, especially the valuations.
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....
lampard
401 posts
Posted by lampard > 2014-08-05 14:57 | Report Abuse
no maybe..this share really lousy..current report ..again..terrible..nta negative..better dun buy! cheat again!