The Dow Jones Industrial Average surged amid a broad rally as the bond market cooled. Boeing (BA) and Apple (AAPL) were among the leading blue chips.
Among EV stocks, Tesla (TSLA) and Nio (NIO) charged higher following last week's losses. Nio is posting earnings after the close. General Motors (GM) also rose.
INTRODUCTION On behalf of the Board of Directors of Kobay (“Board”), Affin Hwang Investment Bank Berhad (“Affin Hwang IB”) wishes to announce that the Company (“Purchaser”) had on 26 February 2021 entered into a memorandum of understanding (“MOU”) with Lim Beng Cheong and Chong Huei Shin (collectively referred to as “Vendors”) in relation to the proposed acquisition of 70% equity interest in the following companies: (i) Galaxis Pharma Sdn Bhd; (ii) Galaxis Healthcare Sdn Bhd; (iii) Avelon Healthcare Sdn Bhd; (iv) Avelon Arise Sdn Bhd; and (v) Arise Healthcare Sdn Bhd (collectively referred to as “Target Companies”) (“Proposed Acquisition”).
Company Name AVELON ARISE SDN. BHD. Company Registration No. 1189054W Nature of Business TO IMPORT STORE AND DEAL GENERALLY IN ALL POISONS. TO DEAL IN ALL KIND OF PHARMACY ANY HEALTHCARE PRODUCT
Bonus issue will help improve liquidity, while revenue and earnings is going up gauging based on UWC trends. Even if you annualised latest quarter profit of RM6m, PE is 20x. If there's growth PE is even lower. Impressive
Bonus issue of 204,187,202 new ordinary shares in Kobay Technology Bhd ("Kobay") ("Kobay Shares") ("Bonus Shares") on the basis of two (2) Bonus Shares for every one (1) existing Kobay Share held as at 5.00 p.m. on 31 May 2021 ("Entitlement Date") https://m.malaysiastock.biz/Company-Announcement.aspx?id=1317960
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....
Reichwerden
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Posted by Reichwerden > 2021-02-06 15:09 | Report Abuse
Qtr result out soon. Double happiness.