Mkt cap of 63m. Heard founder pass on not too long ago. Shares could still be tied up in legal process. In this penny stock bull run, the sky is the limit
If you analyse rationally, you will invest in penny stocks. This happen almost everywhere in the world now. Today Star Biz. Indian penny stocks went up by 4300%.
Except for Gloves we don not have the likes of Amazon, Zoom or Alibaba. You buy blue chip stocks and its 90% chance that the results will be bad cf last Q. You buy stocks with ZERO revenue, chances are that the results cannot be much worse - mignt even be better because of Govt incentives
tkl88 Walaoeh, What happend ? Damn hot man Tanco today ! Now Tanco already traded at=> 0.07 (+0.01) (+16.7 %) ! Today Tanco probably will be closed at=> 0.15 (+0.09) (+150 %) ! People are funny. We play penny stocks and expect miracle results. Even the banks and most blue chips declared terrible 2nd Q results, what more Tanco that is in leisure business. Goreng tetap goreng. See how many losing money stocks ( some even bankrupt) goes up multiple times. GETS is good example
SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2020 INDIVIDUAL PERIOD
Revenue: 660,000 Profit/(loss) before tax: -6,866,000 Profit/(loss) for the period: -7,905,000 Basic earnings/(loss) per share (Subunit): -0.96 Net assets per share attributable to ordinary equity holders of the parent ($$) : 0.1294
Even pandemic period, the QR losses is quite small & below analyst’s estimation... Since the pandemic is almost over, the next QR probably will be positive !
KUALA LUMPUR (Dec 4): Property developer Yong Tai Bhd has entered into a heads of agreement (HoA) with China-based Shenzhen Kangtai Biological Products Co Ltd (SZKT) for a proposed collaboration on the development and exclusive commercialisation of the latter's inactivated Covid-19 vaccine in Malaysia. SZKT is currently developing a Covid-19 Inactivated Vaccine (Vero Cells) against the coronavirus,according to Yong Tai in a stock exchange filing today. Under this collaboration, Yong Tai will be SZKT's partner in Malaysia to conduct Phase III clinical trials and exclusive commercialisation of the vaccine.
Wow, Superb good news ! Yongtai enter into Covid-19 vaccine business !
Like that next Monday Yongtai going to spike up like mad already liao lar ! Next Monday Yongtai probably will be opened at => 0.50 (+0.014) (+38 %) ! and closed at=> 0.65 (+0.285) (+78.1 %) ! Keep it up Yongtai !
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....
sengkee
2,060 posts
Posted by sengkee > 2020-08-10 10:56 | Report Abuse
If loss making Trive with NTA of 2 cents can go up to 3 sen now, there is no better reason why Tanco can't up higher than it.