Taiwanese won't sell Msports cheap like M'sian. One day if I can buy Msports in M'sia and sell in Taiwan stock exchange how nice? http://www.bloomberg.com/quote/911626:TT
this counter is not fun to hold, still stuck below 10sen, however on the bright side seller queue seems to be reducing. Hopefully there will be no more desperate sellers soon and MSPORTS can gradually go up while waiting for big news. Apart of fraud fear, MSPORTS at 8 sen vs NTA RM1+ represents a massive discount vs NTA, in fact the biggest in the history of KLSE. If Permanis CEO dare to buy, why should we be afraid. These people surely has already done their investigation before buying in big quantity.
I don't think Permanis boss want to lose his money either if he don't see any good buying Msports. At the moment Permanis is unlisted. Will he use Msports to list it? Perhaps he need to wait Lin Huozhi to retire first then this plan is easier.
I dont think Lin HouZhi is giving up MSPORTS, what I see is MSPORTS diversify into drinks business. MSPORTS is still cash rich ( very very rich ) has been trying to diversify for some time already ( tried fashion apperals "Evidoma brand", but not doing well ). With Permanis CEO taking stake in MSPORTS, there must be some private talk between them. It is win-win situation if both Permanis and MSPORTS work together. MSPORTS have the market network, Permanis has the products.
I am not taking a risk by staying out of MSPORTS, if suddenly someone go and write an article about MSPORTS selling products like kick-a-poo or pepsi... what do u think will happen to MSPORTS share price ?
M'sian investors are emotional and will sell even incur heavy losses but not Taiwanese which also list Msports. If Msports really in trouble major shareholder Lin HuoZhi and Erwin Selvarajah should know first and sell.
attached is Msports quote in Taiwan. Just calculate yourself how much Msports worth in Taiwan. This is the same company which deliver same quarterly result and have same balance sheet. http://www.bloomberg.com/quote/911626:TT
When Msports give free warrants in 2014 to shareholder do they ask us any money? To us free warrants is free but not to company need to spend RM million for each exercise. If Msports really no money why they can give us free warrant?
show are you still holding? If look at selling q someone crazy seem don't mind cutting loss. Look like we have to inform Erwin Selvarajah to inject Permanis and let Msports have a new beginning.
msports, yes I am still holding. I am not sure why MSPORTS in KLSE keep on dropping. Li Houzhi buy from ESOS for 11sen, he lost almost 40% of his investment in just 1 month. If we look at Taiwan MSPORTS listing, http://quotes.wsj.com/TW/XTAI/911626/financials , not much drop there for the past 1 month. Taiwan is very near to the Fujian where MSPORTS factory is located, so if not much drop in Taiwan.. meaning nothing serious happening. Maybe someone is trying to scare small players off MSPORTS before some good news being announced. This kind of movement has happen many times before in KLSE, share get serious beating, then suddenly blast off.
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....
687423
627 posts
Posted by 687423 > 2015-12-11 17:18 | Report Abuse
Hey richkid, you need gunny sacks ro put money? I got plenty as a poultry farm helper. I use to put chicken dung in those sacks.