I believe the syndicates collected a lot of shares considering it listed since yr 2009. Since it is fundamentally strong, they would like to push up this counter,very soon if I am not wrong.
Nothing is impossible when there is panic situation If u are long term holder u need not worry abt minor fluctuation. Remember holding power is the winner.
why can't the co proposed share buy back instead of stupidly going for par value reduction. with the amt of cash in hand can always institute share buy back to enhance shareholder value! what the hack instead it proposed ESOS!!
With NAB of Rm1.05, debt free + cash rich and selling at so low.It is a strong buy. U see Hbglobal is the example. They created a lot of bad news to suppress the share to Rm 0.045. Now selling at Rm 0.15. So don"t miss this great opportunity
Share market is not a place to make fast money. The market is weak. So no trading. Buy and holding is the only solution to make big money later' Always buy with exra money where u can afford to lose in case something happen . Remember there is always risk in any investments.
The recent par value reduction n ESOS is paving for Lim Hou Tzi to buy back his own shares at lower price. He has disposed 5 percent when msport was trading cum free warrant
Go and study, not rm 0.05 but USD 0.05 is equal to rm 0.180. Since the company is proposing esos, the price of esos must not lower than its par value. When they reduce to usd 0.025 which is equal rm 0.085, esos price is acceptable at rm 0.100. Current msport price at rm 0.080 which is seen profitable for qualified persons and directors to subsrcibe ESOS. Hopefully you understand. Esos is one of the company to appreciate their staffs by giving share price below market price.
China stocks are the stock never fail to deliver when QR announce. Unlike local stocks which is so unpredictable Msports can be count on to deliver good QR despite low price it currently fetch.
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....
newbird123
15 posts
Posted by newbird123 > 2015-07-15 09:42 | Report Abuse
tis company profit is good but y the pr
ice keep dropping?