That means MH has got its loan approved and the project would continue . It further entails that the chances of Zelan to get back its money has increased.
Good question, so much debt how to pay? Bank borrow to the company? Unlikely and most important is interest going to kill the company. The easiest way is to do private placement, bring in a reputable investor like what happen to sumatec or do a right issue. To raise more funds, the shares price need to go much higher than current price. Yet to have a single analyst call for buy. KNM only receive buy call after up from 0.450 to about 0.90. Use your common sense when come to investment. Thanks.
Really a lot of big shark sold out their share already,im not kidding..as I told you guys yesterday,need to beware with zelan..tomorrow i believe it will drop further,better becareful guys. cheers.
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....
newb
198 posts
Posted by newb > 2014-08-13 22:13 | Report Abuse
d news no impact i suppose? when will quarter report be out