According to my mkt research Power plant alrdy generating income fr Aug but not accounted for. Shld be a gd stk soon to be. Tis project is in my research team focus. Will publish next report in Oct.
Fuel pr creeping us 50. Market talk will be higher. US now facing new crisis Chana getting stable. Foreign funds moving out of US. Asia is safe haven soon. Gd news to Asia. Won't go wrong to go in.. stats start a fresh. PPick when low.
latest market info have reversing effect and not so promising. I have to withdraw the bullish outlook for Nov until more stats are available. Apologies.....
Property mkt fr bad to worst. At low Fuel cos last 6mths but power plant no show. Results don't dare to publish. Now fuelcost inc 15% then lame duck. Trgt pr worth 25sen or less. Sell order unless w new development. I
No data to support future. I previously did not discount current change of events. Support David 'sresrarch..sorry I am a chartist forecast on trend only. Now no data to analyse. Support sell order.
haha.. the company is in bad shape..no cash flow..ie why the director chose to excerise the warrants @.50 instead of buying from the market below @.38 at the time when the excerise the warrants.. buy at your own risk..
Directors' confidence that they would make money by converting warrants into ordinary shares. Alternatively, directors may plan to declare dividend. Another added reason is to boost confidence to other investors that Dolomite has a bright future. Yet, another factor could be directors' injection of fund to help to ease cash flow of Dolomite. These probable reasons are merely my 2 sense, guess work. Thank you
shan dong power plant has commenced in march.... so good luck guys... even more good news is someone is converting their PA into ordinary shares at whopping 0.50 (44% premium) guess what ? fly soon ?
Dolomite Corp Bhd has signed a share sale agreement with Sunway Bhd for the proposed sale of its entire stake in Dolomite Granite Quarry Sdn Bhd (DGQSB) for RM125.0 mln — a premium of RM2.0 mln or 1.6% to the market value of the lands, plant and machinery. •Upon completion, RM92.0 mln of the proceeds will be used for payment of redemption sum to Maybank Labuan, while the balance will be used to facilitate the fees involved in the transfer of lands, to settle debts with creditors of DGQSB, payment of income tax and royalty payable, among others. (The Star Online)
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....
larry82
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Posted by larry82 > 2016-09-30 12:06 | Report Abuse
According to my mkt research Power plant alrdy generating income fr Aug but not accounted for. Shld be a gd stk soon to be. Tis project is in my research team focus. Will publish next report in Oct.