This counter share price may not increase sharply or new investor will not be interested to take up the private placement based on high average price. Hope i am wrong
Hi folks our tanker temporarily drop anchor waiting for PP to be approved and price to be fixed. After this it is going to be turbo charged and speed towards Fantasy Island 88. Better come on board if you are not in yet. Otherwise you will be left stranded at the harbour smelling the exhaust from the tanker while we who are on board are going to have a very profitable time journeying towards our dream vacation
I dont think this counter will leave harbour until after the private placement investor confirmed and surface. Now the share price is forming a base for the private placement.
HOA-Heads of Agreement. Cross Border Trade under China's Belt and Road Initiative. Straits can tap into Banle network of Chinese clients for their bunkering business.
had anyone google the background of this company? it was formed on 18.08.15 with not much track record. Just wandering how can it be benefited from this agreement? Sounds truly silly
Share price leaped more than double, result in terms of profit turned from Negative to Positive for last 3 Quarters..... a turnaround company, if you choose to believe.
Looking at the HOA, Banle has recorded a total profit of rm4.4 million for last 2 years. Banle current business complement Straits bunkering business. There is definitely a synergy here.
Hopefully will get more details beyond the HOA. The synergy surely interesting and complement to Straits coverage. Actual quantum of benefits yet to be elaborated in the HOA.
does not seems so right y purposely closed at 0.285 today? davidgoliath ask your boss to push up higher at least above 0.30 and next weeks onwards is good times to promote your counter better act now.
Just my 2 sens view: When this counter WA moved to 18.5 sen, I checked out, and what more with the pending private placement on the cards, which the Co pegged at about 28.5 sen per share. I will buy into this co once the private placement is settled, which the co will conclude by 1st Q 2018, as the amount they require has already been predetermined. This co is only at the initial stages of building a sustainable business, so expectations that the price will boom now can be futile. The good thing about the price trend is that the co seems not likely to expose itself to the vulnerabilities of speculation, which has a huge tendency to provide shareholders with a nightmare. At best, I think this Co will appreciate with the progress in their fundamentals, which time will tell. This is not a stock for dabbling T4 period, forget it. Buy and keep it, look at the price 3rd Q 2018 in Nov 2018 where the impact of their progressive efforts can be evaluated. If all goes well a 30% gain can be achieved. Again, just my 2 sens worth!
harbour master has given permission for tanker to leave port. now waiting fo for Privilege Passengers, 25 to 30 in number to board. After this journey to Fantasy Island 88 to begin. Journey may take 3 months
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
Wuzy
1,579 posts
Posted by Wuzy > 2018-01-08 11:01 | Report Abuse
30 cents resistance so hard to break =D