they have some oil rigs ... if they lelong at 300m each at least can generate enuf cashy to pay off their debts.... by the way the rigs are valued in USD
already collet on .040... but..."In April this year, the major shareholder of Perisai, Singapore-listed Ezra Holdings Ltd, voluntarily filed for bankruptcy in the US."
if delisted all your money turned to paper that cannot be traded anymore. technically you are still a perisai shareholder as long as the company still exists. but usually these kind of company huge debt without shareholder or public fund support they are bound to close shop.
in the case of MAS is special case, they might be relisted after making profit after few years later and you can retrade it later. but that posibility is even lower for perisai case. delisting = dead company = money throw into sea.
He is gambling hoping that the director themselves wouldnt want the company to go bust. Dont know how true is that, but got hair who wants to be bald except when no choice the hair still drop and you still be bald.
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....
Fortune888
651 posts
Posted by Fortune888 > 2017-10-16 20:42 | Report Abuse
I macam ktlum84 one word or 4 alphabets. Haha