Hi guys, I have been looking out on this stock for a long time. The good points about Mlabs are 1. Zero debts and almost zero current liabilities, 2. Lots of cash which is placed in other investments. Now Mlabs started to move with higj volume. This is a positive sign that it is moving up soon.
Yes, old news sir. The US 10 M contract is going to mature soon. It is a one year contract. That means by 24 August 2018, RM 40 million is coming in soon for Mlabs.
oldbaby, must never be fully invested. Always keep some cash aside to take advantage of big drop in share prices. The biggest gain an investor makes is buying at near bottom price and selling near the top.
Mlab is currently developing its next generation mobile application which will be launched locally and regionally. This launch will help Mlab to make profit.
Mlab is now cash rich approximately RM 56 m. The company is now into the next generation of mobile apps. IT industry is so big with lots of potential especially in the AI sector.
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....
Notconfused
1,523 posts
Posted by Notconfused > 2018-06-12 18:11 | Report Abuse
Hey tasak long time no see.. u holding any 085?