Wall Street Expects a Covid-19 Vaccine Before the U.S. Election By Cristin Flanagan 20 June 2020, 02:48 GMT+8 Wall Street predicts the White House will push through approval of one or maybe even two Covid-19 vaccines to help bolster Donald Trump’s chances before the U.S. presidential election.
No investors will pump in approximately RM 8.5 M for PP unless assured of a positive return. For PP to succeed price of VC must move up. Otherwise can forget PP. VC needs funds to finance projects. Directors convert PA may need to leverage their shares
CSY bought 25M VC via direct business transaction at RM0.10 Probably from CPH who sold 25M if CSY wiling to pay RM0.10 for VC the intrinsic value of VC must be much higher. Nobody wil put in RM2.5M if do not foresee will earn substantial returns. Bottom line VC worth much more than RM0.10
Instead of buying from open market CSY bought 25M via direct transaction at a premium price RM0.10 No way VC will drop for Dato to buy cheap & CSY to lose money big time
Those still holding VC shares keep tightly. VC quarterly results not as bad as some companies MMAG which CSY has substantial interest report greater loss than VC .yet close at RM0.33 today! MMAG NTA only at RM0.14 compared to VC at RM0.25
@Kann100 don't take it too serious on what price had CSY bought in. The story can be she (CDS account that not under her name, 25M less than 5% of NOSH, won't triggered substantial shareholder announcement) bought from open market @6.5 cent. Then herself under her CDS account acquired via direct transaction at premium price.
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....
Kanm1000
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Posted by Kanm1000 > 2020-06-20 20:42 | Report Abuse
Other counters are moved. Only this con counter standstill.