Nearer to 5/4 EGM might move. Shares going to be issue to purchase Finsource Solution S/B priced at 0.165 only. Diversification into money lending business will definitely lead to spike in share price once acquisition is completed
That I reckon will be the 64K question. Your guess will be as good as anyone under current covid business climate. A more pertinent question we minority shareholders (apologies for assuming you are one like me) should be asking is Finsource Solution worth RM 6.8M
The money lending business will be able to spike up Sunzen into greater heights...anouncement pending EGM... Will be some fast and furious attraction soon.. Keep watch...!!!!
But before the esos... They Goreng Sunzen... Very fast... to 0.27.. But now....i dont which direction the operator going, up or down... difficult to predict... Blinded already.
52 weeks historical high is only 0.255, did not reach 0.27. Will you pay the price Sunzen is paying for a money lending company? Perhaps, it should consider applying for a money lending licence by itself at a much reduce cost. As always, the devil is in the details?
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....
Joe
1,478 posts
Posted by Joe > 2021-03-18 16:54 | Report Abuse
Still no volume yet.. At least must have 5mm