now LUSTER good for invest,dun play play,:),good future,plastic moulding,development,cambodian gaming,hotel and entertainment city,,i think next year will be good for LUSTER,if not why Hongkong base business man want to take over LUSTER?
stop shouting dr warrant @ holland ,, since 3 years already ,luster dr0p from 25 sen to now 7 sen many newbies trap in holland ;;; bcoz of you dr W @ holland ! get lost @berambuss Dr W
SURE ONE $$$$$ - LUSTER 10 SEN by FRIDAY ( Sungai Petani Info - Head Quarter HQ ) WB = WA = 7 SEN # but the dow jone now collapsed -130... pray harder for rebound ! FINGER CROSSED , BABY $$$$$
Honkie already took control of the board.Please refer to edge report. So no way that deal is off. On the contrary there must be a reason to take control. In corporate scene,a sudden takeover of the board is due to more viable corporate moves.
Gary How... the same guy who caused some sort of negative limelight during his MEGB stunt. Worth the risk to trust this guy again?? Well, for me, I am taking the risk for these few reasons:-
1) Downside is very low (especially for the Warrants). If mother is already trading above 0.20, then I would have been more cautious of the downside. Now with 0.07/0.075, things looks more exciting
2) This guy reported to own gaming, property, hotel etc businesses in Hong Kong. The same was said during the failed MEGB deal. How far its true? i don't know but I believe there must be some substance to it because people will be more alert this time around. Plus another reason why MEGB deal could have failed is down to the basic reason of hw to merge a purely Education company with Gaming. Education & Gaming = doesn't match. Luster on the other hand, even though has nothing to do with gaming or property, it will be easier to diversify the portfolio by injection of new businesses compare to injecting gaming into education
3) some distant rumours - some saying he has connection with Li Ka Shing and other VVIP from HK. All these rumours can totally be BS. But for me - rumours + some action (change of Board) + a penny stock that haven't started to goreng yet = POTENTIAL
The main drawback is the total amount of shares. Its quite huge at 1.7b shares. I think a push above 0.10 will take a lot of work due to high volume & realistically, going above 0.20 is quite impossible unless the a totally huge deal announced
And for contra players, its risk you guys have to be prepared to take. The counter might not be moving so soon as people might still be accumulating
All these are just my opinion. Lets hope for the best. Good luck all
Well said stockquote! Last n this week i also start buying some at 0.075, especially WA and WB at 0.035, i think it is still a cheap price to invest. My target that can earn 20-30% return is consider very good at market now. Anyway trade at your risk
1. private placement of 38,033.00 at 10 cents completed on 19 June 2015 was taken up by Suncity entertainment incorporated in Seychelles. I believe this company belongs to the Hong kong Grp.
2. Luster has great synergy with the new investor because the lottery licence in cambodia includes Casino !
3.1.7b shares is no issue if they want to push. Look at AAX 4.14b shares also goreng like no tomorrow and Iris 2.23b shares was also goreng in 2013 from 17 cents to 61 cents.
And I believe they have collected enough and have big plans for Luster.
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....
27055825
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Posted by 27055825 > 2016-06-13 16:56 | Report Abuse
finally 8 cents is the new supported base. So 10 cents by this week is highly possible!!