When this one runs will never comes back but others kill you ,just look at IFCAM,many of them are in bloodship now but WES not interested to demage his rep.............Since he himself buying alot arround 6 to 6.5 cents with pledeged banking overdraft and in the event of price dropping below 5cent will then automatically trigger margin call and force selling resulted him to service outstanding difference which could lead to bankruptcy.So ,for weak player ,selloff and stay sideline!!!!!!!!!!!!!!!!!
This is investment and business, not gambling like open "big" or "small"..... The owner want his business become better and gain profit....of course later share price will up....
And look like his intention is making the company at loss instead of recovery. Please bear in your mind that mmag got huge debt pile up at mean time ....
Dont worry....MMAG is not trapped...this is good counter... this counter owner is very hardworking to do cost down to ensure the profit for company..... wait....the time will coming...
I think this is referring to Jeff Chong, who was appointed as INGENCO (now MMAG) CEO around the same time when Wong Eng Su emerged as the substantial shareholder back in 2015.
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....
Henly30a
192 posts
Posted by Henly30a > 2016-06-03 09:31 | Report Abuse
When this one runs will never comes back but others kill you ,just look at IFCAM,many of them are in bloodship now but WES not interested to demage his rep.............Since he himself buying alot arround 6 to 6.5 cents with pledeged banking overdraft and in the event of price dropping below 5cent will then automatically trigger margin call and force selling resulted him to service outstanding difference which could lead to bankruptcy.So ,for weak player ,selloff and stay sideline!!!!!!!!!!!!!!!!!