I believe this counter should go back where it belongs at least the price before MCO even without any new business Dev. Now with few business dev n acquisition the journey should be faster with the hope to a new high.
DGB ASIA is a cash rich company with no debt burden..
We also expect our investment in CLI Investment Limited, the hotel business will provide an alternative source of recurring income to the Group.(dgb annouce 27 feb 2019)
Reference is made to the Company’s announcement dated 1 December 2016 in relation to the subscription of 2,040,000 new ordinary shares of USD1.00 each in CLI Investment, representing not less than 17% of the eventual enlarged issued share capital of CLI Investment, for a subscription consideration of USD2.04 million (approximately RM9.06 million (“Subscription”).
”). 06/08/2020 10:23 PM X Fundamentaler CLI investment involved in hotel business in taiwan.. at year 2016 it value at usd1.00 now dgb buy and SAPU at USD0.125 only!
Not only that.. DGB and its partner xox got SAPU m3tech share from it price 0.04-0.06.. now up to 0.14
just warm up only, it will follow XOX, but slower... I bought since 0.025, wait until tak boleh tahan, sell half, then immediate shoot to the sky.... be patient....
Play with this counter has to have lots of patience. It move one cent and sleep for one or two weeks before making another one cent move. To ease this, only simple solution is to buy, keep and do not monitor daily, otherwise you will give up since it move like a snail. Once reach your target price, then sell. When? nobody knows, with only one caveat, hope no unforeseen negative news or event which can affect the market globally.
Immediate resistance is 0.08, that the reason it cannot closed beyond 0.08, otherwise buyers will chase tomorrow. Now the game still 50:50 if it manage to go beyond 0.085 tomorrow the journey to the north will begin till the next resistance level. Else, it will sleep at least for another week. Hope NOT!
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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....
gghaha
1,639 posts
Posted by gghaha > 2020-08-06 20:08 | Report Abuse
Why for u is negative ??? I don’t understand only put Tis mark ??? ....u so promote u r the promoter ah...:) hahaha