KUALA LUMPUR: Sanichi Technology Bhd, whose original business is in precision plastic injection moulding, seems unperturbed by the current property slowdown. Its managing director Datuk Seri Dr Jacky Pang Chow Huat (pictured), remained sanguine on the group’s upcoming launch of its maiden property development project in Klebang, Melaka.
In an interview with The Edge Financial Daily, Pang revealed that Sanichi is expecting an annual profit of up to RM13 million from this project for the next three years.
Right issue again and again. This time right issue at 11c. Current price 15.5c you should know where the price is heading to. Pity for those who still in believe with this stock. Dont forget... warrant D. Next warrant E, F till Z. Kah3x...
Rights issues....then shares consolidation of 4 to 1 or 5 to 1 then rights issues again...never ending story...this crap can still survive for a long long time
2 yrs ago i subscribe its right issue. which has a free warrant. i dump all upon opening. make some money, i think it was 11c and warrant at 5c. 1 lot right get 1 free warrant.
then i never look at this stock anymore despite what Mara fund inside.
the reason is the same, its name is Sanichi. in cantonese, it sounds like " sang oi chi " (develop AIDS/HIV)
seem many people over expected ths Sanichi , I also kena gao gao , at this price before con now only 0.035 lagi teruk from china counters , China counter even made hughe loss also no 0.035. Sanichi a profit counter now 0.035 before con , I really want to say bad word to sanici
This counter too many of you hold the share Keep for long terms , so it must consolidate 4 to 1 to force you losing share quantity and lose money , I think after right share , It maybe do it consolidate again 5 to 1 , At the time your share let say u have 100000 quantity will reduce to 25000 ( 4 to I ) than reduce to 5000 ( 5 to 1 ), this is the strategy to force who have holding Power can keep for long tern to lose money .
Now some of listed company is not gain Money from actual business but is Earning money from their share holder. becareful ! sincere advise from trader killer .
this CEO only know to con ppl money...all the stock belong to his company almost use the same trick, reduce par value la...consolidation la... just skip on these 投机,turn into investment type of stock is better..
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....
asahmad
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Posted by asahmad > 2016-05-30 10:25 | Report Abuse
KUALA LUMPUR: Sanichi Technology Bhd, whose original business is in precision plastic injection moulding, seems unperturbed by the current property slowdown. Its managing director Datuk Seri Dr Jacky Pang Chow Huat (pictured), remained sanguine on the group’s upcoming launch of its maiden property development project in Klebang, Melaka.
In an interview with The Edge Financial Daily, Pang revealed that Sanichi is expecting an annual profit of up to RM13 million from this project for the next three years.