She is 1 of the major shareholder but not director. Her movement does not reflect the company's direction. If u google her name u can find some interesting news about her 2 years ago :)
Total no of securities after change 10,438,520 Date of notice 27 May 2020 Total no of securities after change 10,121,620 Date of notice 14 May 2020 Total no of securities after change 10,201,220 Date of notice 27 Apr 2020 Total no of securities after change 9,914,620 Date of notice 20 Apr 2020
look like DATIN CHOK CHEW LAN is Acquired more share right?
from annual report "The Board is cautiously optimistic that the prospect for the Oil Milling division in Indonesia for the financial year ending 2020 would be satisfactory in view of the Palm Oil prices has turned slightly more favorable to date and renewed commitment by Indonesian and Malaysian governments to fulfil its mandate on the biodiesel programme-B30. Therefore, the Group is contemplating in budget allocation on CAPEX to increase the daily throughput capacity of oil milling division from 250 tonne per day to 500 tonne per day"
"Overall, the Group will remain focus in enhancing efficiencies and generating extra value within the respective operating divisions for a sustainable and profitable growth in long term. Further, the Group’s strong cash flow and balance sheet will serve as a war chest for the Group to capitalise on merger and acquisition or penetrating into new businesses, if opportunities arise. With the strong financial backing, the Board is confident the Group is well positioned to ride through the current volatilities and uncertainties.
Barring any unforeseen circumstances, the Board of Directors is of the opinion the performance of the Group will remain satisfactory for the financial year ending 2020 amidst a very challenging global economic environment"
(6) In accordance to the adjustment provision as set out in the Deed Poll pursuant to the Proposed Bonus Issue, the Warrants-A shall be adjusted to 76,034,560 Warrants-A and the exercise price of Warrants-A shall be adjusted from RM0.80 per Warrant-A to RM0.40 per Warrant-A.
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....
wahidpenang
222 posts
Posted by wahidpenang > 2020-01-19 22:51 | Report Abuse
Technical chart points to 1.58 in near term