This is a long term theme and depends on your extent of faith in the new management composition.
If I remember vividly, Wong had elaborated the Company's roadmap in a rather recent article in The Edge which I came across on hard copy. Some pointers include:
- Diversification into logistics business via its subsidiary Line Clear Express and with some RM5mill supportive capex in FY 2016
- Its Telco products and distribution services in Jeff Chong's care to capitalise his forte in Telco industry, a new e-commerce platform to support its business activities
- Wong's commitment to strengthen the financial position of the Company and to turnaround the Company within a year via increasing productivity by some 40%
Remaining watchful. Just to share, folks. Not a buy call. :)
Of course today consolidated for tomorroe movong. Brother, where have magic business one....within one year cannot moving to the positive gain, only can minimise the loss....after one year can see the profit. But during that time want to buy 0.065....sorryloh, NO MORE THAT PRICING
ingenuity going to form online biz courier services alike abang alibaba.com do you think ingenco's future share prices still stagnant @ low price as today 0.065 ? apa lagi lu olang mahu ? apa lagi lu olang tunggu ? park in b4 too late...
coldrisks, u r right, there are many competitors in this line. let's them fight for the future instead of depends on current biz. may be can breakout one day, the most practical way is `buy & wait'...
china export & import decreased 8%, u.s. may raise interest rate @ september this year, internal ah jip cases, drop of global oil prices...great impact to share markets, hope ingenco share prices can stays steady not to enter `gostan' gear.
What if the private placement is cancelled should the new management decides to fund the 5m capex out of current working capital and avoid further share issue to prevent further scatter of shareholdings?
selling value up yesterday bcoz. of china devalue their currency, continuing drop of oil prices cause ringgit depreciated, internal ah jib cases...great impact on share markets...
if oil prices slide further, ringgit depreciate more. foreign investors keep on pulling out their investments. other companies share prices fall and create a chainlink effect on ingenco too...
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....
kakijudi
1,086 posts
Posted by kakijudi > 2015-07-29 09:33 | Report Abuse
where got disappointing. back up d lor :)