Major shareholder trying to burn all the contra players, sharks play before pushing it up ..wiping out a lot of other ppl hard earned money, beware and this highly cunning Sarawakian company is known for bad notion. News is good, mid term should be good I think.
However Long term scheme of trapping ppl might not attract fresh investors for future rally. Quite stupid to do that too often, remember once bitten twice shy major shareholder!!
Hubline: Inks MoU with Petronas Chemical Marketing Labuan for possible collaboration. Hubline has inked a preliminary agreement with Petronas Chemical Marketing (Labuan) Ltd (PCML) that is aimed at providing a framework of cooperation for any future term arrangement between them for dry bulk and liquid chemicals logistic services. The directors of Hubline believe a collaboration with PCML will give Hubline an advantageous platform to expand its existing dry bulk logistic services and to move into the liquid chemical logistic service. (The Edge)
That mou is a piece of garbage, nothing more nothing less, you can shred it and throw it away and it still amounts to nothing! If you go thru that mou , you'll laugh..its a con job to build excitement and get ppl frenzy to pump up and get investors to buy up the shares. dump the share and stay away, never again!
This is definitely not a company for investing purpose. Pls go thru the history of hubline , the financial aspects of the company, the restructuring, the corporate exercises and the games they play and the ethical standards of the shareholders/directors and you ll know what i mean. Ok enuff..wouldnt say more. I have done my part. good luck. Sorry if the truth offends
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....
Bullkobear
321 posts
Posted by Bullkobear > 2018-01-16 16:20 | Report Abuse
good news is bad news, the insiders had bought very earlier before they released the news which i bought at 7 sen!