TA Securities does not expect tax cuts ahead of the potential implementation of GST in 2015, as the Government may want to gauge the implication of the removal of the sales and services tax. While GST may cause price hikes across the board, some, like IT companies Censof and MyEG can capitalize on this. Telcos that have been absorbing the 6% sales tax on mobile prepaid services should be able to shift the burden to customers, but the biggest beneficiary would be DiGi, with its prepaid revenue being 66% of the total.
At at issued price of 0.465.for 10 mil shares with lots of good things coming in do you think this taker going for quick 10% return ?. By standard norms they are indirectly guaranteed at least 20% return and constraint clause to hold the shares at least minimum 3 mths period. Think about it. ...The issuer and the taker is not that stupid. for a win win situation.
private placee got a 5 cents gain which roughly 10% within a very short term ...why not...especially if you one of the directors...throw only...esos still got
company play dirty. private placement of 10m shares @0.465 when share price were 0.50-55sen. listed yesterday. that's y price dropped. never expect the board of censof just openly put public's money into crony's pocket....dirty board of directors. SC N SPRM SHOULD INVESTIGATE THIS!!!!
I think to be fair to them. Then they struck the deal the price was at a low, languishing ard 44 sen. But it started to move up. Sure it will go up again.
After collaborating with government, IT firms like MyEG and Prestariang have leapt considerably ahead of the pack, with their shares returning 144% and 98% on a one-year basis, respectively, compared to Censof’s 30%.
Somemore, Censof already have TIME Eng (Khazanah has stake). With all these good signs, anything lower than 60 cents, is a steal.
By the way, the profit taking of 0.465 private placements (10 Million shares volume) should have depleted. Eyeing these two days transaction of more than 13 Millions shares traded. Uptrend is coming.
All the Increase is happening ...Petrol has increase >>.Sin Tax has increase >>> BR1M will be increase twice a year >>>> a clear sign of GST implemented
I presume that the budget details are almost certain by now.Mean to say that even the team of policy maker are unaware of the implementation of GST by now? If the implementation is firmed, there should be some big buyings by mow by the people who knows about it. Correct me if i am wrong
Mandatory general offer.on acceptance of the offer by the company it becomes general offer.GO. The price offered to take over the company. Any news like , Mr Tan?
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....
azta12
5,594 posts
Posted by azta12 > 2013-09-26 15:38 | Report Abuse
beli sikit lagi.