1. Profit guarantee of 15 mill for 2 years or 7.5m/year remains unseen to-date, subsequent to ASAP acquisition at some 20x of book value previously. Value of ASAP acquisition and the ability of the management remained a big question mark;
2. With 1 at large, the fund raising attempt is based on (yet again) another round of verbal promise of good business potential through a relative young business outfit;
3. With earlier rights issue price at 17 sen for ASAP, and if the new fund to be raised is to enhance the overall business value of Orion in excess of that from ASAP, private placement price should be approximate or higher than earlier fund raising price, if there is truly value enhancement to Orion. Else, lower private placement price suggest a discounted value potential of Orion (?)
:) I dunno how they are going to fulfill the profit guarantee, my friend, and I mean actualised profit from operations..even if they write back the prior provision for LD, 7.5m is a challenge and let's forget about the 15m. So.......how are they going to assure the PP participants that they are presenting a value proposition without prior track records? :)
Shinnzaii ozzie 75...but their cost of sales still high...after 2 years also dunno can sustain profit or not...hehe 11/01/2019 15:50
@Dave Jet:, for their fund raising purposes, we might have some positive results this coming qr. Remember in their last 2 qrs they say revenue not recognised because of some delivery issue etc? So long not audited... Who cares? Haha.
Not counting what happen at the backend (impossible to know unless you have insider) , from front end all seem good. Was hoping it could close at 15, but 14.5 not so bad. Added that good story from the edge, provided no US-Sino drama, Orion could be up for something good!
Feeling that this coming QR they will show the 'guarantee profit of ASAP' .. profit increase, eps increase, price boommmm.. we laughing all the way to bank.. good game orion..
qrion this is easy money , I comfirm upp when below 10sen I buy when below 10sen I say 100% I comfirm can up even at other counter I also say this 100% earn easy money
Stock: [ASIAPAC]: ASIAN PAC HOLDINGS BHD
Nov 1, 2018 05:03 PM | Report Abuse
even my loss gg counter ORION also let me earn 50% of my capital , asiapac you so weak ORION also better than u even profit and nta only 1% of your money but the power and strong is comfrim 100000% better than you , asiapac is too weak cannot tahan any pressure , no point to list and let your loyal holders suffer from 20 or 30sen now near 10sen ???
Orion is a hot spot now no matter qr how comfirm limit uppppppppppppppppp\like like Sanichi recently no matter what just up to 17sen then now drop back to 6sen so Orion can like to 19sen then I sell for profit taking
Orion is concentrating on non bank finetec services in ordrr to have a recurring income. This is my persobsl opinion it will cross the initial public price - 0 17 sen.
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....
moneykj
6,143 posts
Posted by moneykj > 2019-01-11 15:11 | Report Abuse
I think after break 0.20 only retreat.