Hi lowprofileone, they throw down ? Who throw ? Only small retailers sir. The big guys are happily eating up.,why throw a good stock with Zero debts, good cash flow and excellent business prospects
Hi goldeye, Inix core business is IT , but lately they have raise from RI about RM 27.8 m to buy assets in GMaritime , a sand dredging and land reclamation business and also Hyper QB , an expert in Mobile app
This INIX strategy looks like M3Tech & Trive.. Just be patient.. I will go up.. I collect since B4B4 comes here. Already gain but will not throw yet until its reach 13 cents at least.
The warrant also not so heavy for now such as Trive WB.. I will buy a few thousand but more focus on mother. You all can see how Trive & M3Tech mother can fly but the son too heavy to angkat buntut.. Ha.. Ha.. Mother first guys..
G Maritime has estimated RM 80m contracts on sand dredging in Pulau Indah, Melaka near Klebang Besar and Penang. Now trying to secure more contracts in Melaka Gateway projects.
HyperQB, what is this company allmabout. FYE is every 31 May of the year.Latest Annual Revenue was RM 6.34m, PAT was approximately RM 4.95m. Specializes in Mobile Apps and Games. Inix purchased 25% shares at RM 7.7m on 22 March 2016.
Galactic Maritime. FYE, 31 July 2016, Annual Rev : about RM 14.52m , PAT about RM 5.15m, shareholder fund about RM 26.11m. Inix purchased 30% shares at RM 7.2m on 11 Dicember 2015, and another 19% shares at RM 4.56m on 19 Jan 2017.
Financially is good. 3 reasons. 1. Zero debts, no bank borrowings, no bonds, almost zero current liabilities, 2. Excellent cash flow ie net cash from operating activities is RM 3.764m , no need pp to do daily operations , and finally the most important reason 3. Excellent business prospects in Galactic Maritime and HyperQB.
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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....
B4b4
7,593 posts
Posted by B4b4 > 2017-10-23 09:29 | Report Abuse
Galactic Maritime has same business as Benalec