Its definetely a PP but its up to the syndicate to determine the price movement.Looking into today movement its on the course of new high price for todsy
1) Technax has acquired four technology companies and one food and beverage (F&B) company to solidify its digital transformation and digital ecosystem solutions, with a total investment of RM107 million, into Techna-X. The acquisitions will provide a total cumulative profit guarantee of RM10 million over the next 12 months to Technax.
2) Company is acquiring Hong Kong’s internet of things (IoT) firm HK Aerospace comes with a minimum profit after tax guarantee from the vendors US$3 million for the first financial year of HK Aerospace.
3) Technax will be investing RM30 million from its redeemable convertible note programme to transform its subsidiary, Craveat International Sdn Bhd (CISB), into a technology company for the food and beverage (F&B) industry. The company's homegrown F&B brand, Teh Tarik Place (TTP), will lead in the transformation which targets to open 100 outlets in 36 months throughout Malaysia and in the Asia Pacific region. about https://www.nst.com.my/business/2020/06/604478/sino-hua-invest-rm30mil-transform-cisb-tech-fb-company
4) Technax’s wholly-owned subsidiary Techna-X Aerospace Beidou Sdn Bhd (TXAB) has secured a deal to be the Exclusive Global Master Distributor (outside China) for all the products rolled out by Guangxi Aerospace Beidou New Energy Industry Technology Co. Ltd., which is primarily involved in energy storage solutions namely super batteries and ultra capacitors with a potential recurring value of US$1.6m per annum.
5) Technax's unit Touchpoint International Sdn Bhd has signed a 5-year partnership with South Africa's Snuappistore to provide a super-app platform to enable transformation of the latter’s e-commerce business and to expand its digital economy business with a total of US$500,000 minimum revenue to Hua-An
cutloss, take profit from this stock....use that money invest in airasia 100% sure profit, now price 90cent, sure fly to rm2 at least if domestic travel allowed by gov. first come first serve, fast join when price less than rm1
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....
SUPERMONEY
341 posts
Posted by SUPERMONEY > 2021-02-23 11:37 | Report Abuse
traffic light at 20-21cts still no green light yet,