since the company is doing food production business, recently some area in guang Zhou china has partially locked down, will this bring demand for the company product?
don't sell hold .. wait for the target price at 50 cents. they are pioneers in optic fiber installation via sewerage. this is definitely a back door method for this business to make their presence felt via a Reverse Take Over
Yes . now is the most comfortable time to collect. previously all buy base on news of the acquisition of the new business and expect this to be a goreng counter that will drop to less than 15 cents. that did not happen because of the constant support founded on the belief that the new owner will turn around this company. with a profit guarantee of RM10 million, assume a PE of 5X, the price can easily be justified at 50 cents. Rm10 mil is just the minimum that the new business can bring. averagely it should be able to generate RM20 mil. so do the maths ,, this is not a bet.
fiber installation via sewerage has been considered even before year 2019, there are reasons why it didnt took off. The tech has been available, not something just invented today.
Boon Han don't sell hold .. wait for the target price at 50 cents. they are pioneers in optic fiber installation via sewerage. this is definitely a back door method for this business to make their presence felt via a Reverse Take Over 14/06/2021 7:27 PM
RM10million > they only buy 60%, so RM6million... If assumed 5X PE like you hor.... RM6m x 5 / 562m shares = RM RM0.053
Anyway i talk cock only.... who say PE must 5x? PE can also be 50x, so TP 50c!!!
Boon Han Yes . now is the most comfortable time to collect. previously all buy base on news of the acquisition of the new business and expect this to be a goreng counter that will drop to less than 15 cents. that did not happen because of the constant support founded on the belief that the new owner will turn around this company. with a profit guarantee of RM10 million, assume a PE of 5X, the price can easily be justified at 50 cents. Rm10 mil is just the minimum that the new business can bring. averagely it should be able to generate RM20 mil. so do the maths ,, this is not a bet.
ei..... iseeilaughitalkcock. Give some face pls. I try to sound convincing. Anyway, the 10 million guarantee profit is not just one of their business right? still got other existing businesses which are picking up. u use 6 million also wrong le.. Dont care whether the company owns how percent.. the 10 million is guaranteed le.. not going to reduce to 6 million based on percentage.
Boon Han... So what is your prediction for this company. Would it drop after the meeting scheduled this Friday 25th June...seems like you have good knowledge about this company. Appreciate
this Friday meeting is just a formality only. sure will get approved. look at the future earning of this company. when things are clearer it will gradually climb to 1 dollar. I believe the owner will acquire more new business to ensure the 1 dollar valuation can be achieved. if you want to be prudent, sell it at 50 cents.
this counter is so frustrating to watch... everyday go up bit by bit.. if you are so used to goreng shares, you will vomit blood.. better don't watch it on an hourly or daily basis.
nothing to frustate....as long as this counter price continue up.....day by day up is good enough....like u said 350 collect and is 390 now.....feeling safe
wah.. all counter red but hb can still withstand the slaughter. backdoor listing, new business.. profit guarantee 20 mil, order book 1 billion.. nothing will go wrong dy. 50 cents here we come
the purchase consideration for the new business is paid by the issuance of new shares valued at 25 cents. the seller new owner will definitely ensure the price reach at least 50 cents before they intend to cash out.
Bursa like sell on news punya......now u see it can stand....later.??.... nobody know. It been continue stable n up so many day....u know what i mean. What ever shark...whale...insider....crocodile want to get in is already inside. Careful lol Long term fan no worry.....
aikinlai .....dont think this is pump and dump. shark and whale just only start to pay attention to this share and may start accumulating it. Ok.. give it a week. see got sell on news or not. I believe the one accumulating the most now should be the new owner and its nominees. that is the biggest legal insider trader.
i believe the overall market is down. most shares got hit by panic selling. accumulate now when you miss the first boat. the market will stable back soon ..
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....
kenie
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Posted by kenie > 2021-05-07 11:10 | Report Abuse
红筹股 csl msport maxwell cap xinquan 中国仔都是做假账挖空公司钱了 ,老板不想给投资人在看他们账目了怕迟早被发现就快快给他 除牌。。。