Something must be fishy during the stock suspended today...maybe after the meeting the result was not good. After the suspension lifted it kept falling down.
Reference is made to the announcement dated 7 April 2017 in relation to the memorandum of understanding (“MOU”) entered into between RapidCloud (M) Sdn Bhd (“RAPIDCLOUD”) and the Company’s wholly owned subsidiary, DVM Innovate Sdn Bhd (“DISB”) (“Announcement”). The Board of Directors of KAG wishes to announce that DISB has made an offer to Rapidcloud International Plc (“RCI”) to acquire 100% equity interest of its wholly owned subsidiary, RAPIDCLOUD (“Proposed Acquisition”), subject to and upon the following terms and conditions (“Offer”).
Please refer to attached file for full text announcement.
The subscription is high thats y KG offer to acquire RCI...current situation is pushing price down to buy at cheap price..all ikan bilis wiped out alrdy
KGROUP 2016 financial statement is a mess. But hope the merger with RapidCloud would increase its sales and value. Anyhow, if the management team continues to get comfort with themselves and unable to increase the Asset Turnover Ratio beyond 0.40, give them billions of project also no use haha.
Of course very good news since there is excess application..the question is who applied for thats excess application...very2 interesting...the one who applied for excess share is very confident of this stock
So much corporate activity in a month, very interesting definitely. By evalnation, this company should worth at least .6 in medium term if all comes by
Got billions project also no use, those big shareholders all sell on news to get max profit. This kind of counter can't give confident to long term shareholders. Just like anzo. Rubbish counter.
The proposals just started this month. It needs to be consolidated stage by stage.
As I said there are many peoples at this counter saying the same thing everyday, in hope one day they can collect at their desirable price. If they are not interested, without agenda, what motivate them to be active in this forum. Don't tell me they are here wanted to help the peoples.
Kien Fu, Rubbish counter. Apabila dah menang duit, papers gain, we say Golden Counter, Apabila dah kalah dalam pelabuhan saham, we say Rubbish counter. Ade juga yang contra players dah kalah cut loss, said Rubbish counter, nanti naik, naik, naik balik apabila sudah MATANG nanti, we say we " KALAU DAH TAHU IA AKAN NAIK BALIK, LEBIH BAIK AKU CUBA PEGANG DULU, JANGAN IKUT KATA ORANG , SURUH KITA BUANG.
Bak kata pepatah kaum Cina" Bulu Kambing tumbuh pada Badan Kambing".
Contoh : Airasia jatuh ke paras RM2.20 dari harga RM3.00, ade orang kata, jangan kutip tickets, Airasia akan jatuh lagi PECAH rm2.00, (contoh sahaja) Kita harus percaya apa yang kita baca dan lihat sejak KGROUP mulai menjadi kaunter aktif pada 1-2 minggu yang lalu. Laporan kewangan bagi IWCITY sama juga making loss company, Adakah nanti IWCITY umumkan keputusan kewangan pada Q1,Q2,Q3 & Q4 bagi Fy2017 harga nanti akan jatuh balik ke paras RM1.00? jawapannya : TIDAK !
Ask Big shareholders, surewin123. If not, then must be contra players take profit and cut loss also today. maybe big shareholders did not take any action b4 announce all contracts value in the near term.
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....
Kien Fu
139 posts
Posted by Kien Fu > 2017-04-25 16:29 | Report Abuse
Anzo also like this, this also like this.............