U see my statement.Now 8.5 cents.Kutaktahu I call the buy at 6.5 cents. Michael Kwok 1893 posts Posted by Michael Kwok > May 4, 2020 7:24 PM | Report Abuse X
Please buy M-touch and wait.Set 6.5 cents for few days.If can't touch then buy at market price.Believe on me 50 percent of ur portfolio of Minetech.The others 50 percents on urs.Never believe 100 percent on people.Usually I tell people tht.
oppsss...Dato is still alive! the fight is still on lah.... low price is good for Dato and bad for madam. I think Dato wanted to force madam to convert more and lose more money!
Reply to zhm540 Refer to your comment, if dato can buy at low price , why not madam unless she is the old blocking it? Still can’t figure out the fight between them? Also notice that dato acquired some shares in MTouche too.
Checked MTouche recent announcements. Could not find any of Dato buying into MTouche. Would appreciate very much if Chuah3434 could share with us the source of this news. Thank you
Think Dato bought some shares for investment not major enough to be reported as key shareholders. basically bought for short term trading. If you go to Mtouche forum, you click the last insider trading under market buzz, you could see his name . stake is not high. possibly not a strategic shareholder like VC.
Reply to kuatatahu: If you have taken up the shares why in a hurry to sell at 8.5?. I think it will come once they have cleared all the weak holders unless you are one
RM0.066 is only an indicative price based on the last few trading days. Need to get Bursa approval first. Once approval obtained will fix the price. Whole process may take one month. Probably may push up the price so that prospective buyer will think company worth buying into and at the same time can raise more funds to make the exercise worthwhile. The proposal may not even happen if can achieve the intention to scare weak holders to dump shares so that major shareholders can collect cheaply and fend off hostile takeover. For some major shareholders who have spent so much money converting from VC-PA do they want to see their own shareholding’s diluted? Have to wait and see what is the actual intention.
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....
Chuah3434
75 posts
Posted by Chuah3434 > 2020-05-10 14:57 | Report Abuse
DJ up 400+ hope there is a rotational play for VC.
If not will still consolidate around 7.
Not easy to get 6.5 and difficult to sell at 8.5