Posted by calvintaneng > Jan 15, 2015 03:52 PM | Report Abuse X
Calvin's Warnings On Hubline
1) Hubline has Huge Borrowings - Over RM200 Millions
2) It has only RM10 millions in cash
3) Its NTA is 13 cents.
A closer examination shows that it has 2 pieces of properties in East Malaysia. One is vacant. And another most probably its ship yard. Total Net Asset Value About RM15 Millions
What are the other NTA? If seaworthy ships. How much? If not, what will be its scrap value?
There is a great possibility that Hubline might fall into Insolvency in spite of its projected High NTA.
MaeMode gone bankrupt with High NTA.
High NTA is only Worth So Much If Things Can Be Sold in Market. Old Machinery & Old Ships will be of little worth.
No wonder Directors & Insiders Are All Jumping Ship
On January 15th 2015 (2 years ago I posted this warning when hubline was 4 cents. Those who sold then would have saved 75% as hubline crashed to only 1 cent later)
See
Posted by calvintaneng > Jan 16, 2015 12:21 PM | Report Abuse X
Hubline
Hug Line?
Still hugging the same line at 4 cents?
So Calvin thinks you guys should just sell and leave this sinking ship now.
In the sinking of the Titanic the orchestra band was still playing their music as they sunk into a watery grave.
So leave hubline now before it sinks into oblivion.
Go buy some Opcom, HtPadu or PBA for safety. These 3 stocks are life boats
Mesti announcement rugi akan kluar.major share holder dan director yang dah tahu akan rugi..sudah cabut..pelabur runcit yang beli 2 hari lepas sangkut lagi..nangis.jahat punye perangai..
Hubline business dia sudah kaput sebab tak boleh bersaing dengan syarikat perkapalan anatarabangsa kerana arah tuju perjalanannya tertumpu sekitar ASEAN dimana harga tidak menguntungkan.
Sudah 2 kali right's issue tapi tidak dapat menahan kerugian sehingga terpaksa mengecutkan bilangan saham dari 20 kepada 1.
Sekarang harga sudah turun balik ke harga asal sebelum consolidation.
Kalau boleh jual saja dan lupakan kerugian itu sebagai pengajaran.
Yang dah melabur first righr issue..teramat rugi.yg dah beli second right issue pun rugi..apasal ceo masih yg sama..tak ganti yang lain..bagi naik ini kaunter..
Rusy. Saham ni payah nak naik. 2 perspektif iaitu bisnes produk dan pengurusan. Yg saya lihat dari perspektif pengurusan.... dia orang tuu bukan nak bantu pelabur2 buat duit.... Siap PERMAINKAN PELABUR2 lagi ada.
Ada kemungkinan saham ini dibiarkan gitu ajerrr. Nak naik idak nak turun pun idak. Takuk tuuu jerrr. Bertahun lamanya kena tunggu. Hmmmmmmm.
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....
invest2011
31 posts
Posted by invest2011 > 2017-02-17 18:06 | Report Abuse
Directors and stockbrokers are the ones making money on this lousy lost making company.