CONNECT had on 13 January 2017 invested an additional 727,388 ordinary shares in the share capital of its wholly-owned subsidiary Rapid Conn (S) Pte. Ltd. Upon completion of the Investment, the issued share capital of RCS shall increase from 4,311,525 ordinary shares to 5,038,913 ordinary shares. RCS shall remain as a wholly-owned subsidiary of CONNECT.
agree with uvlam. They posted moderate profit for Q4 due to increasing overhead cost, in preparation of capacity expansion for DirecTV Latin America HDMI cables supply contract. Revenue and net profit will increase sharply by then. They are in net cash and strong new shareholder (Ace Credit) behind them. Believe the share price will touch 30 to 40 cents by the time Q1 17' is announced.
Huge volume today and the price absorb all shares thrown at 0.18 cent. Someone is collecting. Haha
One another news, Salutica has applied to transfer to main board from ACE market. It is in the same business as ConnectCounty but in bigger size. Who knows is Salutica interested to buy ConnectCounty to expand their product in China. Of course with the improving prospect of ConnectCounty, the takeover offer wont be cheaper than 30-40 cent.
another reason is: becoz the investor is foreign investor. for them, they prefer to buy in mother and PA share, it's their culture. PA got priority to have dividend if company wan to give out dividend, and the value is there. 抓妈妈比较实际,抓小孩还要等,今天不懂明天发生什么事。
I'm connect holder since 2015. From Lose ard 50% until now turn to earn money. I just start learning in share market. But This counter I m so confident. Please read back from their QR report. Last quarter Dec'16, show a very nice profit. This made me confident to hold tight for this share. The reason is, 1. New investor join this company sure because of this company got protential to earn money. if not throw so many fund come in for what, right? 2. 2017 is year of internet and digital economy. 3. 2017 got new contract. Mean that their sales, GP margin, net profit sure show nice result. 4. If they only push share price before annoucement QR, i think will too late. So that they will push the share price anytime. 5. I don't know what is share trading, and what is target price. But if the company keep on making profit, I'm willing become part of their shareholder. 5. I not asking anyone to buy, this just only my opinion. Thank you.
Contract start on January 2017, coming QR report in May will get the revenue n profit from Jan-March 2017. Then we will know how good this company's future.
the major shareholders are collecting,just keep , my sister sold at 4.5c and my friend sold at 8c,i told them dont sell, they said they make enough,now they are insomnia
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....
jontfj
527 posts
Posted by jontfj > 2017-02-28 19:49 | Report Abuse
no qr results announcement!!