But look at Sumatec oso price lower and lower, used to strongly consider buying .bbut looking at the volume scared attract ikan bilis only low volume offer high sellig price but much loower collecting price on the left
MILESTONES THAT SHAREHOLDERS WOULD NEED TO WATCH OUT a) To execute Settlement Agreements. b) To obtain Bursa Malaysia Securities Berhad and Securities Commission Malaysia’s approval. c) To convene Extraordinary General Meeting to obtain shareholders’ approval for issuance of new shares and instruments to creditors. d) Court Sanction only after FPSO contract is secured – creditors to waive a portion of the debt and accept instruments as part settlement.
if u look at this company, its operation is much better than before. keeping operation in lower cost for higher margin profit. Any new contract can make the profit in positive value. Hope the old contract can be extended. Plus, if get right issue from public, company can operation continuously, management & workers have jobs. For sake of themselves, I believe management will try to find way. Crude oil market is getting better, Carimin got Petronas big contract. Buy with your own risk.
Mayb b4 u guys want to jump into this company do some research. Any companies manage to get out of the pn17 after bursa announce the delisting? If got then ok lah. But still need to study how they did that. If not, then u might be putting too much hope on perisai being able to do something others could not. I mean, bursa alread announce delisting. Cannot trade on 22 jan. Appeal decision 10 feb but only if perisai appeal with new plan. Uness they managed to come up w new regulation plan this week or maybe next week (bursa still need time to go through the plan), it is almost certain they will b delisted on 12 feb.
The Practice Note 17 (PN17) company will be delisted from the Main Market of Bursa Malaysia on Feb 13 unless Perisai appeals against the exchange’s decision before Feb 10! So the risk is... Perisai appeal or not appeal??? Should appeal but do you dare to buy?? This is really a very hard decision. Its zero or hero.
So if you buy at 1 sen...most probably you can get it...but you have to wait to sell at 1.5 sen....if not sure burned. But if you queue at 0.05 sen...you still got a chance to sell at 1 sen...So don't buy at 1 sen..or you get burnt instantly. Queue at 0.05 sen also risky because the 1 sen queue is getting bigger...
Habis hangus! Perisai really making a lot of people lose money including Tabung Haji it seemed. This is old news but just to share to let you know others are losing millions!!!!
market value already less than rm10 sure many rich man willing to buy at such price...for them like peanut...but for small retailers it looks like doomsday
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....
ronaldolow5479
446 posts
Posted by ronaldolow5479 > 2019-01-12 20:07 | Report Abuse
U r smart