Hinting good news??? This is just an interview which the CEO just explain the company biz and he just want to highlight 51m cash for publicity purpose. This fact already known since last 2 QR report, nothing new. The price didn't spike today, K1 always wrong timing doing things when sentiment negative due to politics.
Look at Huaan CEO interview and how price skyrocketed. Goreng factor missing in K1, forever below 0.40 talk talk talk only. CEO should use part of 51m reserve to push its laggard share price, put your money where your mouth is if you think your company is undervalue. K1 got identity crisis and no buyer interest. Change that perception first else all talk no action will not reap result.
I wish ppl like Gyiyomi, Jameswong, Joyce, Mh87 will come to their senses about the weak lifeless K1 share performance. Write something honest and critical to wake up the weak management unless you still think all is ok, will rise soon, wait next QR, let banks move first then K1 turn etc etc.
In November 2020, GAP via its wholly-owned subsidiary, G-AsiaPacific (S) Pte. Ltd. had secured a major new customer based in Singapore. GAP will be providing cloud services with contract value of approximately RM10 million per year for 3 years ie total of RM30 million commencing December 2020. The said customer is one of the leading stock photo companies in the world. With a well known customer in Singapore, it shall act as a good reference to grow the Group’s Cloud business in Singapore in the near future.
Wait for this to contribute to the bottom line, next year.
With 51 million cash, the company still can tahan mati for 1 year for no business or loss. The CEO just want to show us his Ace Card. Be prepared for the bad news
IMO, no need to have pessimistic view on the cancellation of project, if there is. K1 is not a debt laden company, this show that the management is prudent in managing the company. Any cancellation of the project , I believe the management will replace by new businesses.
The whole company most valuation asset is the RM51mil cash. The CEO and board of directors are the beneficiary of the money. The minority shareholders will be neglected. If they are kind enough, we should be given the dividend long time ago.
Then lalam just sell loh.. Move on and find a better counter to regain your lost here, if you do have a unrealised lost here... Cut it n don't look back, investing share is like that loh, not every you win ma.. As long as you win more, I think is still OK.
Alicia, it's like the emperor's clothes story. Everyone else can sell the real naked K1 except certain group supporters still deluding themselves saying the emperor still has his majestic robe on and continue cheering.
Honlee, many ppl cannot tahan oledi, 0.355 also sell, buy high sell low, not buy low sell high, how to make money. Once touch 0.355 will rebound, my own opinion
The point is giving empty optimism or hope won't push up. Holding power is not the key to getting profit, only share price uptrend will. You guys call yourself shareholders but never once question the falling price on the back of good news announcement. Let your comments carry some credibility.
Noobi3, their comments at least give some laughter knowing they just syiok sendiri. Let them be, they are K1 front liner cheerleaders programmed as such. Tomorrow will touch 0.355 again for sure, maybe 0.35 also as buying support is still weak.
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....
HonLee
338 posts
Posted by HonLee > 2020-12-14 21:32 | Report Abuse
Really.. Like that i am a bit slow to catch it woh