We Have provided u guys with pieces of genuine information, up to u guys on how to benefit from it Those who subscribed RI already have their money tied up and stuck beneath Dr.MM's deep pocket, going to stay dormant for a long long time, maybe until next RI warrant E
Even Mr Mah disposed. Why you all still think Sanichi good?
Changes in Sub. S-hldr's Int. (29B) SANICHI TECHNOLOGY BERHAD
Particulars of substantial Securities Holder
Name MR MAH WEE HIAN @ MAH SIEW KUNG Nationality/Country of incorporation Malaysia Descriptions (Class & nominal value) ORDINARY SHARES OF RM0.10 EACH Name & address of registered holder MAH WEE HIAN @ MAH SIEW KUNG
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction Description of Others Date of change No of securities
Price Transacted ($$) Disposed 13 Jun 2016 300,000 Disposed 28 Jun 2016 300,000 Disposed 05 Jul 2016 145,000
Circumstances by reason of which change has occurred DISPOSED IN THE OPEN MARKET Nature of interest DIRECT Direct (units) Direct (%) 10.01 Indirect/deemed interest (units) Indirect/deemed interest (%) Total no of securities after change 28,636,000 Date of notice 08 Jul 2016 http://www.bursamalaysia.com/market/listed-companies/company-announcements/5173425
Sanichi announced in 2015 Nov Marina Point project in Melaka estimated to bring in $40million in 3 years time. So I don't think the company will go bungkus or to Holland so soon.
And I am from Melaka, have seen it..there are activities there and not some abandoned white elephant.
They may issue more rights issue as pointed by stupid investor..
But I think have some hope for recovery for those who purchased at higher price.
Check out Marina Point at facebook. I don't think will tutup kedai so fast if it does. Lots of promotions going on for that project. So some increase from the current price is higly possible but to what level...should be more than 0.090 for sure.
Marina Point is a total Wrong timing, despite a lot of promotions , the sales is terrible, expected to lose a lot money as it goes at an extremely slow pace.. All Sanichi capital r tied up in Marina point just like yours r tied up in Sanichi.
Aye. Agreed. All waiting for it to go bust sooner or later. Its called penny stock. That's why we are here. Like you said... market will balance itself. And before it goes to Holland like so many other counters.....thanks for the advice.
To recap your advice. Target price max 1.1cents. $200 advice not to invest in this counter as they will always issue rights share. You love Sanichi as your invest up to 2 millions stocks more or less and sometimes make 0.05 cents and run. Worthy advice to be careful of this counter but at the same time you also have some vested interest as you also want to make some money. Cheers and I conclude that its a hit and run with this counter and virtually worth to you at 0.05 cents and the rest is a gamble between 0.07 and 1.1 cents. Stupid investor or shall I say smart investor. Welcome to penny stocks.
What can be more horrible than a small plastic injection company tried to go into property development at such a big scale, at wrong timing and totally new to them? As a small a company Sanichi has a lot of cash now, but the project is burning it fast, it can't generate any income at the moment. They may have 50-70 million now but the project can easily cost them > 100 millions.
If you feel tht it is a hopeless company, just sell it off,cut loss and go off.Don't always give your so call expert advice(Negative). R you trying to get the lowest price you want?
I sold at 0.17 and buy back at 0.09. Do not always try to give yr negative to the company.If you are not happy to the company, just leave it. Be a gentlement to earn your profit and not always give your negative opinion just to hope get lower price with bad intention.
well said momo. st-investor, this is Sanichi Forum so many are here coz they own Sanichi shares. So u give bad OPINION then it might make the silent readers more tension. hahaha
I also can't teach stupid investor to become smart investor if that perosn has no talent.Just let it go. Talk too long also useless, action is more important.
Don't get your money tied up in this counter, opportunity is everywhere where u can make it work for u. the only way to be winner in this counter is insist on buying into weakness, say 7 and below.
Don't talk craps, all these are bluechip stocks. We need something more penny stocks and near near term. Not next year, just focus this year ! You need to show something real and how smart you are of your stocks selection.
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....
Wow123
1,971 posts
Posted by Wow123 > 2016-08-11 12:53 | Report Abuse
dR.Phang left all investor to holland