I have involved with this counter when it carried out rights issue in 2015 and shares consolidation in 2016. Not really made money when off loaded all my holding of the mother shares and son after patiently waited for it move up for more than a year. Noticed on Friday morning both the mother and son moved quite substantially and figured out what's the reason. Noticed that QR was out in the afternoon and saw it was lost again. Wondering why it's still going up with lost results. Puzzle but perhaps I saw the previous QR. Saturday morning went into BSKL website and have a re-look at its QR. Surprised, it made huge profit. May be would have buy in some on Friday afternoon if not for the wrong info on its latest QR. However, it's EPS in a higher negative territory....
this counter wont grow event they do have net profit... nobody interested in their shares..... report come out last friday until today also tak movement... habis cerita....
A jewel stock , Inix, with zero borrowings ! Moving into a new business dregging and land reclaimation , already secured many contracts off the coast in Melaka and PPinang. Good buy
Trade payable only RM 160,000. Very healthy cash flow from operating activities,RM 2.162m. Cash in bank very good too 2.551m. Small and prudent company but has the potential to go far especially the new acquisition of Galactic Marintime
T3 for 616,915 shares on 19-4-17 ranging from 8.5 to 10 cents, means those buying from M/S tan at 9 to 10 cents and now selling back to her at 8.5, for contra gains to her already..
Yes, should be on the move up now. 9s or 9.5s. Inix is a gem. Borrowings = ZERO. Trade payable only RM 160,000 , Cash at bank 2.551m , latest Qtr was the best result ever with net profit 2.033m, Cash flow is good from operating daily activities ie 2.162m , latest acquisition is about dredging and land reclaimation with many contracts already secured in Melaka and Penang. Good buy , no worry mainly because zero-debts
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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....
richman
10,110 posts
Posted by richman > 2017-03-31 11:50 | Report Abuse
12 or 13 cts is only my realistic estimate.dont buy or sell based on what I say