.Hope inix enter inked agreement soon.... Ready to fly.. reposition redefined BOD is good ...changing. BOD is good ....for the better... New mindset new approach and start doing things differently is good aim to be more productivity and more efficient mngmt....
Idle ..old mindset BOD at times can be obstacles for a company moving forward... Necessary to get rid of ..its becoming a burden load and drag the organisation
.One of the core segment INIX bz is providing provision for industrial automation services and production and supply of industrial bio-lubricants.
So its fit for INIX to venture into glove and vaccines...as new initiatives and jump onto the demanding market for ppe in general. The vast market and opportunities are already there... Smart moves, timely and expedite action plan surely will reap good ROI... Trade on own risk and decision is yours.
Lets see how it goes........If it still goes down....I'll just have to absorb the losses.....its just part and parcel of investing...... No pain No gain...... Big risk......Big gain
I hold to the concept..... What goes down MUST come up. Today INIX should close green......and there will be follow through buying next week. I'm very² optimistic.
Lesson..... Never listen to naysayers and skeptics. Always do the reverse. Don't follow the herd mentality. What are we scared of.......we are buying at the lowest not the highest. I pity those who are still stuck at 80c.
4 Sept 2020 - 15th AGM broadcast, Vice Chairman Datuk Tan Choon Hwa (representative of Wan Kuok Koi) absent. Disposed shares in hand, on 10 Sept 2020 left merely 0.479%.
Attendance Lee Yueh Shien: Chairman of Audit Committee and Independent Director. Resigned on 15 Sept 2020 - RED FLAG
Lee Han Keat: Executive Director. Resigned on 24 Sept 2020 (representative of Wan Kuok Koi). YuHainTeck mentioned he is not important, perhaps sacked. In other words, performance very poor and unsatisfactory.
No more cards to play but 28 Sept 2020 Monday will have good news? Show time everyone? Maybe cooperation with Durian Wong mooncake factory, to clear leftover shares in hand.
'Bullish Engulfing' was formed from the candlestick chart yesterday....after 'a triple bottom' was reached....indicating a bullish powerful rally will happen on monday. It will open gap- up and will test its initial resistance of 35c. It will then try to break its RL at 45c next week.
Further observation from the TA....INIX closing share price yesterday has shown a convincing 'breakout' from the symmetrical triangle at 27.5c.....further indicating a powerful surge will occur on monday. This is further supported by the momentum ....coupled with the stochastics indicators.
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....
YuHainTeck
1,028 posts
Posted by YuHainTeck > 2020-09-25 00:01 | Report Abuse
Lee Han Keat was just a director. If he doesn't own any more shares.....let him leave. Replace him with someone else. No problem at all.