Yeah...very risky now. Based on the restructuring plan, capital reduction 10 : 1 meaning 10sen reduce to 1 sen...then they merge the 1 sen back to 10 sen again by issuing more shares to the public. So in the end public is the one putting money into Cybert for them to cover their losses. They use the capital reduction to settle their debts...all public investors' money...really smart of them. So when you chase and chase you are in a risky territory because if Bursa don't accept this plan, it will be de-listed and it can become a worthless junk. Even if they receive the plan your capital is reduced 10 to 1 meaning the 7 sen now becomes 0.7 sen later....so be careful....
@repcolow2 Please delete your remarks about me. We are here to give facts and I didn't tell everyone not to buy. I just tell everyone they can buy but be careful to take profit first and let the profit runs. I don't think I deserve such a remarks.
later may be afternoon session 0.100 buy quee dissapear. at now that is the block que from plunging down. my view 50/50 have chance to shoot up or down
Every comment got to face two party. one party agree and the other not agree. No need to comment people that give different opinion. Repcol ,your comment also can not accept by both party,did anyone comment you ? So unfair for you to comment richkid. You are free to comment the counter,not people.
@laotze Thank you for your understanding and defending me. I am happy to have a friend in Laotze. You have spoken my hearts out. Yes, we should give comment based on our own opinion and share information. You buy with your own money. Nobody in this forum can stop you. Like a lawyer. He give his side of the story. Another lawyer give another side of the story. You be the judge. You listen and decide which lawyer in this forum you want to believe. I hope everyone in this forum is the same. Treat one another as brothers and comrades. We help each other. We care for each other. We can disagree on the comment but don't attack the person.
from 0.04 to 0.075 i make 35k,richkid suggest to use the profit to buy again,but i didn`t buy,so am i need to curse richkid ? I thanks him for concerning me. Buy or don`t buy,i have to decide myself,not richkid.
Bought at 0.050 and sold at 0.085. Partially also because of richkid comments and my experience. But I share the same view as richkid as I have seen this type of pattern which most of the time go down but today it went up. Although din earn the later part, but is ok, at least I am saved from losses.
Based on the seller volume and sudden peak of price at 10am, it is unfortunate to says this trend based on past speculative stock history is not encouraging. Anyway, it is up to the investor to judge based on his or her experience.
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....
OrangLama
29 posts
Posted by OrangLama > 2015-03-06 07:46 | Report Abuse
richkid can you please tell me where you got this announcement? I can't find it through bursa website