That is Minda Global Berhad. The operator of cyberjaya university and asia metropolitan university. Cyberjaya university having grading 5 stars university in MALAYSIA , and now the price only 4 cents. Is damm cheap.
Is a simple calculation only. Imaging that you only need to spend 4 cents to become a 5 stars university shareholders or you want to spend 2 cents on the zero assets paria eduspec counter.Minda Global having a fix asset 480mil while current liabilities only 94mil. If you are accountant or having accounting background also know instead to lost making quarter of Minda , it doesn't affect anything on the sustainability. Now the price only 4 cents is the bottom base on 10 years chart.Last time Minda Global IPO was RM3.80 ,now the new shareholder injecting new university into it to turnaround the financial.
Further more if you see inside the Minda board of director it have : 1)tan sri datuk rafiah - ex university malaya vice chancellor 2)tan sri datuk mohd shukor- ex-inland revenue land CEO 3)Mr Sanjeev Nanavati - Ex-citibank malaysia CEO
Just imaging if Minda Global was a paria stock how come they are having so heavy weight key person in their BOD. With this three person it can solve Minda in education , tax and bank financing problem .
May i ask you all EDUSPEC ada apa orang talented or capable in BOD???? How far EDUSPEC can go and how far MINDA will go . Try to use your pussy to think..
Please go to check on Friday top 30 active counter board of directors composition, check and see which counter having this kind of BOD personnel in their company?
haha tumbler....ur promoting minda and thrashing eduspec...however if u study both charts...they are almost similar pattern.......goes up and down roughly same period of time....most counters in bursa goreng according to sectors ....so u better pray they goreng education sector for eduspec AND minda to go up together...lol
Nowadays lousy counter like AT and ANZO also can push up to 20 cents. So , Minda TP should be at least 30 cents and EDUSPEC should also go up to at least TP 10 cents.
better run.. can stay too if u r willing to hold this stock for few years.. bought at 0.055 last year and thankfully managed to sell at 0.055 too after i found out about the rcps thingy few days after.. almost trusted that con man atarah.. think many people kena trapped here
I am out..don’t want to wait for this stock liao..I dumped all its warrant 7,000,000 shares at 0.01...big losses ...other people feel afraid and join me to dump..hahaha
Why worry if your average g is below 0.015?.... Consolidate 2:1....Price revise up to 0.03....lower share floating in the market.....The price will spike higher at least 0.60
less share floating in the market.....The share price will move up faster followed by the warrant.... the meaning may be highly likely RCPS exercise over an done at 0.015...
Assuming you are holding 100,000 shares. A 5:1 share consolidation means, for every 5 shares you own it will be reduced to 1. In this example, you can expect to see your shareholding become 20,000 after the consolidation(100,000 / 5).
How Does It Affect You As A Shareholder?
Is that a bad thing? You paid to buy 100,00 shares and now the company reduces your shareholdings – are they playing game on you? No, it’s not.
It has no negative impact on your end. Share consolidation reduces ALL the shares held by the shareholders and when every shareholders get affected no one loses out.
No doubt the number of your shares is lesser, but the percentage ownership and value of your investment remain the same.
Let’s go back to the 5:1 consolidation example mentioned above. When the shares consolidate, your number of shares become lesser (divide by 5) but your price per share becomes higher (multiply by 5). This has a net neutral effect on your investment.
Anything you need to do?
Actually, nothing much. The company will send you a letter to pass a resolution on a AGM/EGM. After the consolidation takes place, a new stock quote is given, the shares price become higher and your shareholding becomes lesser.
On behalf of the Board of Directors of Eduspec, Mercury Securities Sdn Bhd wishes to announce that the Company proposes to undertake a proposed consolidation of every 2 existing ordinary shares in Eduspec (“Eduspec Shares” or “Shares”) into 1 Eduspec Share (“Proposed Share Consolidation”).
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....
Jinglebell
134 posts
Posted by Jinglebell > 2020-07-04 11:15 | Report Abuse
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