Headline soon: A frequent contributor in I3 Investor who goes under the forum name Siaoliao has been arrested at his home in breach of SC rules with intend to mislead forumer with fake information of change in directors' share holdings and violation of MCMC in using name of company to further own interest subjecting company to losses which is an offence under section 13A. If found guilty, perpetrator may be subject to full consequences not exceeding a full year jail sentence or RM50,000 fine or both.
siaoliao siaoliao siaoliao (a company director) acquired 500,000,000 shares at 0.001 on 31-Jun-2019. siaoliao (a company director) acquired 500,000,000 shares at 0.001 on 32-Jun-2019. siaoliao (a company director) acquired 500,000,000 shares at 0.000 on 33-Jun-2019. 27/06/2019 4:51 PM
Sources said details of the cooperation would be available next month. Prospects MyAzZahra, which was launched in January this year, did not force civil servants to use it, as it took time for Orion to link the co-operative's information and for civil servants to adapt to the system.
Based on the MyAzZahra loan for a shorter period of time, it is believed that there are civil servants to use.
Analysts assume that 200,000 civil servants will receive MyAzZahra loans by 2020, with an average of 5,000 ringgit per loan, bringing the total to R$1bn.
After 2021, civil servants will be more familiar with the system, with a forecast of 600,000 borrowers, with an average of 5000 ringgit per loan, at that time amounting to Ringgit. Orion cash flow is not very rich, to develop new projects, analysts believe that Orion needs to be through the placement of new shares to raise funds.
In addition, Orion has no record of involvement in the development of financial technology, and failure would hurt the company.
If the development of new projects, new shares will need to be placed
Orion recently placed 30 per cent of the new shares, which will lead to a weak share price in the near term.
Over the past few years, Orion has been losing money and unable to pay dividends, needs funds to grow its business in the future, and analysts do not expect them to pay dividends. Valuation The joint research began to study this stock, recommended "plus code", the target price of 33 cents, a full dilution of the ratio of 24 times.
Compared with the field of science and technology this ratio is 15 times. Source: Star Chau Daily 2019-07-02
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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....
witchslayer
300 posts
Posted by witchslayer > 2019-07-01 22:21 |
Post removed.Why?