NOVAMSC - the next MYEG? check out its latest SHAREHOLDER! Author: BaggerHunter Publish date: Tue, 31 Jul 2018, 07:33 PM Close Check out the latest annual report announced by Nova! The one to note is No. 7 - Norges Bank - the largest Norway fund and No. 12 - Chew BEN BEN - the Deputy MD of Datasonic, and he is the major shareholder of Datasonic. Does it imply something here?
Nova is a champion in Singapore market, what if they secure something in Malaysia? More to come for NOVA! Expect profitable year for Nova.
novamsc 2018 revenue less than 2017, negative profit , borrows 17million convertible bond to cover the cash flow, intangible assets is 21million. the prospect is not good.
this share so hot because of believe in future and novamsc already say worst is over..loss turning to profit in FY2019..so this annual report 2018 wont affect so much
novamsc has been climbing from 0.09. of course, we like it to go higher but there again most of us are in already from below 0.10. So if you are only coming in now at 0.19, there's the risk of it dropping back and you cannot hold and forced to cut loss
at some point, cindy kate will most likely create panic for retailers to sell by pushing down 25-30%......weak minds will sell and strong minds will stay & buy on dip.....be prepared and be ready !!!
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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....
victory015
341 posts
Posted by victory015 > 2018-07-28 13:33 | Report Abuse
0.50 is impossible