Why sell Treasury Shares at 50 sen when there is MOU on vaccine ?
Immediate Announcement of Changes in Treasury Shares BINTAI KINDEN CORPORATION BERHAD
Date of transaction 14 Sep 2020 Currency Malaysian Ringgit (MYR) Type of changes Resale Total number of treasury shares changed (units) 998,800 Minimum price paid for each share sold ($$) 0.500 Maximum price paid for each share sold ($$) 0.500 Total consideration received ($$) 499400.00 Total number of treasury shares held after the resale or transfer 998,800 Adjusted issued capital after cancellation (no. of shares) (units) 288,592,940
Bintai made a bet. They are working on their bet. We made a bet. We try to work on our bet. That’s basically it. Same with Solutn. Wait until next year
but just entered preclinical phase, last july they just submit vaccine package to FDA for review whether can get into next phase (hopefully this month can get the approval) , Phase 1..
(try vaccine tracker to track this Li-Key Sars co-v Vaccine by generex to track this vaccine developtment)
i think it can take at least 6-9 months before this vaccine can go into phase 3 (final phase), and another 3-4months before the vaccine is out to be commercialized to the whole world..
just wonder why this generex choose bintai? Bintai is an engineering & technology company that can produce machine and system that can develop a lot of vaccine and market it throut the nation and wordwide..
this is a long term stock i think... and if can get lower price below pp is a discount price...
I told u @ 0.90 it was a DOUBLE TOP. Now this double top has been confirmed. It is now on its way to 0.36. As in any double top, it wont stop at 0.36. It will go all the way to ground zero at 0.10.
So now you sell into this rebound strength n cut yr losses b4 you lose yr underwear.
Its double top is similar to Kanger. Kanger is a few steps ahead. You see kanger now you should know what to expect for Bintai in a few days.
Current price is a BIG BUBBLE. It moved up previously on EMPTY HYPE not supported by any tangible earnings. It is now on its way back to all where it started at TEN CENTS.
BIntai, Dpharma anda Pharma, is all good. all these there have their specialties.if you dont know that, stop playing stocks and go back playing you mama's toys
I will not reenter until something concrete comes out from Bintai BOD. They must include: 1) stage of the vaccine development 2) any further MoUs leading to its anticipated distribution nationwide and elsewhere, and 3) its coming quarterly report versus share value
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
damansaraeagle
1,783 posts
Posted by damansaraeagle > 2020-09-30 16:39 | Report Abuse
no wonder Bintai that bad too