15 December 2021 Vaxine Pty Ltd Recombinant CoV-2-S-ΔTM protein with Advax-CpG55.2 (active ingredient name and tradename to be confirmed) Recombinant protein
MEMORANDUM OF UNDERSTANDING Memorandum of Understanding ("MOU") on manufacture and/or distribution of COVID-19 vaccine ("Covax-19") between K-One MediTech Sdn Bhd ("K-One MediTech") and Vaxine Pty Ltd, Australia ("Vaxine")
How Easily Can K-One Technology Berhad Raise Cash?
While K-One Technology Berhad seems to be in a fairly good position, it's still worth considering how easily it could raise more cash, even just to fuel faster growth. Companies can raise capital through either debt or equity. Commonly, a business will sell new shares in itself to raise cash and drive growth. By looking at a company's cash burn relative to its market capitalisation, we gain insight on how much shareholders would be diluted if the company needed to raise enough cash to cover another year's cash burn.
K-One Technology Berhad's cash burn of RM11m is about 11% of its RM96m market capitalisation. As a result, we'd venture that the company could raise more cash for growth without much trouble, albeit at the cost of some dilution.
A new low for no peculiar reason is understated. No changes in management team, no losses in the past quarter. Revenue increase, ready cash for any potential acquisition. Covid cases going up, but no lockdown. USD at ATH, these are all positive reasons for the share to spike up in the 2H of the year TP rm0.49 Mid Term, rm0.75 Long Term
Debate is only healthy if it’s based on facts. Investment is long term, don’t be clouded by current negative sentiment. Is the global market, not particularly a single stock.
MOU is an exploration of opportunity. Doesn’t necessarily translate to sales. Cash flow is the blood in the veins and K1 has it for bigger acquisition plans.
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....
Michael R.
4,828 posts
Posted by Michael R. > 2021-11-29 15:43 | Report Abuse
Why no Limit Up? HLT so power!! Though this one is the younger brother co?!