No par value reduction. Company will decrease the share amount first to make the share price up and then make additional shares for regulation of company. At that moment, I predict management of shareholders will buy more shares to be major shareholder. Company will leave pn17/gn13 soon. New management is able to handle the company since it is only big loss in sth called administrative cost. Surely have some worker sack and legal action to certain people. The cost can cut down. I m quite confident to new management. 6 cents is very low, I think majority won't sell the shares on Monday but will ppl buy call a bit at that price since resumption is a good news rather than delisted. This company have better future. Just opinion.
agree with TheMiddle opinion on what the company will possibly do next. but I still foresee a major selldown on monday. normal ma ppl panic. furthermore the syndicates also will be the first to start off the selldown, i think monday will open at 4sens. somebody out there will definitely stir up some drama wan to induce selling, trust me!
syed23news, I have different thoughts. when market open at 9am. sharks will rugi a bi by throwing shares they got during the 5-6sens before suspension 3 months back, and selldown and cause panic, then they themselves queue at 3sens for 4sens to absorb all panic sellers. when they estimated they have control of most of the floating shares, then maybe "coincidently" the current quarter report will be release. well maybe my imagination is really good, but i dun deny such possibility of occuring since all the drama happened since last year end
well I may be wrong, there are risks of holding on to it. but if you think out of the box and consider other possibilities, yours risks might be somebody else's out there punya opportunities. Good luck on your final decision.
Skz...cube pkir ,katakan shark beli masa unit 20cent,skrg 6cent,xkn shark snggup tnggung rugi melebihi half dari modal,shark buy unit msti bnyk,peluang mereka adalah average pada harga paling rendah dan beli sebanyak mngkin....
Apepon aq suka perbincangan spt ini...ape yg skz mngkn benar,kite semua ad pendapt masing2...ape2 jd pon,naik ke trun harga saham ni,better dari suspended sblm ni...
I don't think opening at 4 sen since it drops 33% compared with 6 cents. High volume bought at 5 to 8 cent. They won't heavy sell like that. The price of 6 cents has reflected when bursa suspended it. i dont think shark interest in lower price because low profit unless they can fried price to 10 sen above... Don't u think new management has much interest be major shareholder but not shark?
As we know, only 0.09sen in negative assets. I read through the report and I realized previous company spent rm30million on purchase equipment, property or else. I don't why having this big spending in this stuff while ignore company structure. However, I predict will decrease share amount n plan additional shares for regularisation. Wintoni has higher price then.
Property,plant and equipment becomes rm32k as Sept 2015 from rm33million as at 30 Sept 2015 after write off, quite hard to believe but it happen . KLSE must really look into this matter and the manipulation of this counter and reprimand and charge those involved accordingly....
HublinePoor has huge debt in high risk, big amount shares, loss profiT . Poor performance. But wintoni has almost zero debt, low cost expenses, low share amount, juz problem.is asset write off. Additional share can easy solve problem.
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....
fl888
7,775 posts
Posted by fl888 > 2016-02-27 10:39 | Report Abuse
Par value reduction to 1cts coming and then etcccccc....to clean balance sheet with new businesses