They really like to keep the suspense going leh hehe..... interesting to see the reaction next week.... agree with nicholas for now it's neutral or 50/50 hehe... some will take it negatively and probably mild selling.... anyway just my amateur opinion.... Have an enjoyable and safe weekend... thanks guys...
today action looks like there is upliftment soon. its just that they have to make announcement beginning of a month. they submitted it 5th march. and they submitted the audited accounts just 1.5 weeks, if I m not mistaken. within 2 weeks u should get news from bursa. that means the news of upliftment would be out within next week. when u least expected. if Monday drop, good opportunity to buy more.
mrgala has a good point that I agreed fully. to hohup mgt. the no.1 priority is to get out from PN17 as everything is standby for that.
it serve them no purpose to delay the pn17. launching projects asap is the only thing in their mind, stock prices manipulation in pressing it up and pressing it down only serve to shake out the weak holders.
nothing and no reason bursa can delay upliftment anymore. 2 weeks from submission of audited report is the max period. its either rejected or approved. and what is the chances of each? u figure it out.
Agree Jennylim, for me this is most probably just a "red tape" issue hehe... IF the application is rejected, the insiders or people close to them would have thrown the shares already.... fundamentally there is no reason for Bursa to reject the application.... another trend that I noticed is the high frequency of additional listings which I take as a positive sign although most probably they pay cheaper rate, I veli positive one +++ hehe... of course I could be wrong.... thanks for all the feedback and discussions...... thanks for putting up with my crazy conspiracy theories too :p ....... great weekend everyone...
With the completion of the regularisation exercise, HOHUP has regularised itsfinancial condition and level of operations and no longer triggers any of thecriteria under Paragraph 2.1 of Practice Note 17 of the Main Market ListingRequirements of Bursa Malaysia Securities Berhad.After due consideration of all facts and circumstances of the matter, BursaMalaysia Securities Berhad has decided to approve the Company's application foran early upliftment from being classified as a PN17 company. HOHUP will beuplifted from being classified as a PN17 company effective from 9.00 a.m.,Monday, 5 May 2014.
i want to thanks my parents for giving birth to me, i want to thanks pn17trader, i want to thanks mr gala, miss jenny lim, jenny wong. and many others.
hahaha. tell me which pn17 company got ppls want to pay them rm300 million cash when their mkt cap is just that. malton would be paying hohup not less than rm 300million cash.
Yes , gala n guys , just come to know this great news , glad to see everyone in party mood . Long waiting finally come . At least one limit up on Monday .
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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....
Lollipot Anison
2,082 posts
Posted by Lollipot Anison > 2014-05-02 16:10 | Report Abuse
expect good news after today's closing