For this counter, recommend to cut loss. The price will get lower and lower for very long duration. If don't have strong holding power, better don't hold tickets at this price. The management authority is not simple.will rebound from bottom line one day. PLAY WITH YOUR OWN RISK.
Loss-making shipping company Hubline Bhd has proposed a private placement of up to 10.0% of its issued capital, to raise about RM23.0 mln, in a bid to reduce its borrowings. The proposal comes on the heel of the company's issuance of redeemable convertible notes to raise RM80.0 mln fresh capital.
The proposed private placement is expected to contribute positively to the earnings of the Hubline Group for the financial year ending Sept 30, 2018 as and when the benefits from the utilisation of proceeds are realised
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....
Wallbreaker
711 posts
Posted by Wallbreaker > 2017-12-06 19:44 | Report Abuse
can you stop buying MR Director?he always pull down further