Think. ? Can be like SCIB which was 13-14cts around April 2023 and now RM1….same modus operandi…buy and keep as by 31-1-23, and with PPs,, debt free and only 500 million shares…?
Shares down 10cts , yet 23,210,000 placement shares out at 0.112 cts , leaving a last 4th tranche of 9,284,000 PPs left to be placed at what price next…before CNY
The whole of 3rd Tranche of 23,210,000 million PPs at 0.112 was bought by Mr. Cheah Kwong Lee on 15`1`23 when he could easily bought cheaper at 10cts on that day… increasing his stake to 7.046% in Adsion…will not be surprised if he may take up the 4th Tranche also to increase his stake to 10%
Mr Cheah Kwong Lee now holds 9.09% @ 46,240,000 shares at 0.112cts as at 22-01-2024 and could have acquired more below 10cts….will Mr.Cheah allow Renox Stainless Steel SDN Bhd wind up Asion Berhad ,( a almost debt free Company)on 29-01-2024 for a mere RM67,081.30cts debt or prolonged this case ?? …buy now before you need to buy higher …
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....
45AMG
621 posts
Posted by 45AMG > 2023-12-29 11:45 | Report Abuse
if today BO, next week laiiiii