n2n is a gem...it is earning money no matter which way the market goes...with the huge daily volume now, the price will sure shoot up above rm1 very soon once people discover it...
N2N is hopeless case despite co making huge profits yearly, the acq of HK co has let the MD forget his promise to bring up price to the historical high ; but to delist to move the listing to HK..the delist be done any time..sianz
Even he gives you the delist price of RM1..you think it inly worth that..it should be at least RM3 now..so dont dream the Gem here will give you anything...sianz
Show that Eforce not as good as n2n after cyberattack last few days..this one is another duitkor terpancut awal pick..select for 2018 if by year end still didnt move. wakaka..
Made so much money every quarter n no price movement or rather the movemdnt is gradually towards south. The MD proudly promised that the price of N2N will dven over beat the historical high of more than RM2.50, but what is it now?
MD should not openly promised but never realised it if the business results have achieved his aim n target. Gradually uptrend must be seen as quarterly results are good.
Market rumors also said that the spending of nearly 100 million to acquire the Hongkong company is with the intention of delisting Bursa and swift to HK by privatising malaysia operations first and kill all shareholders. Later list in HK to have personal gains...thats why price keeps going south...sad to see the MD has this kind of action if true and ignore his own public comment of breaking record in pricing along with its superb performance...sad sad..this is a Dead Counter....
This co makes huge profit, more than 10 millions yearly; the owners are selfish n wanna privatise it cheaply, wait for Warrant to expire, then just give another 10% more than the cheap market value...then he will be making 100 times more huge prifit on relisting...
Privatise it at 80 cents..6 months later, you will see these in HongKong, already acquired a co there spending 100 millions, just throw out 25 % of shares in HK..list there..100 times more money he is going to make...hear these?? READ ANNOUNCEMENTS OVER LAST 12 MONTHS, you will read the motive behind the vain...sad to see these here
Read the Bursa announcement for the 12 months period and see the chart of share movements..big profit quarterly ..price dropping..evil motives...sad sad sad
In short, if the investors all buy up stocks of n2n, they will basically purchase a firm with potential in multiple mature Asian countries and bear very little downside risk while forcing the company's mgmt to quote a higher purchase price/ show their intent to purchase quickly before the price gets up even further!
On May QR directors already stated that "The acquisition of AFE will positively contribute to the Group's performance in the future" but unfortunately no one took it seriously and resulting in the current price to be extremely undervalued.
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....
tokti
2,643 posts
Posted by tokti > 2017-05-18 16:45 | Report Abuse
MD promised to run the price the highest ever...talk only..