Any co asking for share holder money is consider a con co. Look at mulpha n today biohldg. Investor gt con too many times already. N moreover bank wont lend to this co due to risk. Thats why ask frm share holder that r easy prey.
I believe that directors have a responsibility to make a listed company profitable and not sponge on the shareholders. They need shareholders to invest in them. So GS Realty having experience in properties must play a role in bringing back profit to this company before they call for additional funds.
Bursa Malaysia Securities Berhad has on 9 September 2016 issued an UMA query on the sharp fall in price and high volume traded of the Company's shares recently.
We draw your attention to the sharp fall in price and high volume traded of your Company’s shares recently (“trading activity”).
In light of the above and in order for investors to be able to make informed investment decisions, you are requested to respond, after making due enquiry with your directors, major shareholders and such other relevant persons, to the following queries immediately for public release in accordance with paragraph 9.11 of Listing Requirements:
1. Whether there is any corporate development relating to your Group’s business and affairs that has not been previously announced that may account for the trading activity including those in the stage of negotiation/discussion. If yes, kindly provide the details including status of the corporate development to enable investors to make informed investment decisions;
2. Whether there is any rumour or report concerning the business and affairs of the Group that may account for the trading activity and in this respect, you are required to comply with Paragraphs 9.09 and 9.10 of Bursa Securities LR;
3. Whether you are aware of any other possible explanation to account for the trading activity; and
4. Whether you are in compliance with the Bursa Securities LR, in particular Paragraph 9.03 of the Bursa securities LR on immediate disclosure obligations.
Please note that the contents of the announcement must be endorsed by the Board of Directors of the Company and the announcement must reach Bursa Securities immediately via Bursa LINK.
New directors want increase share market capital 4 times or 400% and got approval already. For those hit and run profit taking investors don't take it as earning opportunity.
Now yer all understand why syndicate always win.. because of the strength of "ego" built in human and most importantly "greed". Thats why loss making companies can have huge transactions and double or triple or more its prices in a very short time. Traders just chase based on created rumors in a hope that they will be "given" free money. Thats why 90% of stock traders lose money.. but the best thing.. will never admit to clearly wrong decisions or expectations. Just blame on bad luck or hide. Hmm..
To beat sindiket .....be investor...dnt be trader...problem is everyone want to make fast money....if u play stock like trader u no difff fr gambler in genting.....so better go genting sailang.....then play stock...
Ha..ha...if chart can outsmart sindiket.....no poor ppl ady....u think sindiket and boss dnt knw how to manipulate the chart?? U think they are sohai meh....
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....
zul33
90 posts
Posted by zul33 > 2016-09-08 15:12 | Report Abuse
0.305 now, near support