Loss making company...now winding up already...bad news. It keeps getting lower and lower.
There is no support for this share...it keeps dropping for years... I thought 5 sen is cheap, then it went to 4 sen, I thought 4 sen is cheap it went to 3 sen, I thought 3 sen is cheap it went to 2.5 sen now...so when you think it is cheap, it just get cheaper and cheaper...until get de-listed. You get nothing in return...gone all your money vanish in thin air...swallowed all by the Hubline directors who kept selling and selling the shares...like worthless piece of paper...now even worst CDS is paperless..you don't even get a tissue paper in return. Really get conned buying into this share. I lost my money here and learnt a valuable lesson." Never buy share because it is cheap. It can can be worthless that is why it is so cheap..."
our ONLY hope is company will not wind up a.k.a. close shop. No one is there to steer the ship, looking at the latest annual report, there's no substantial shareholder at all.... have not seen this happened in any healthy listed company before
Yeah...big share holder maybe. But you want to gamble...what if it close shop? you get nothing. Or maybe your share shrink 10 lots merged into 1 lot. Your share shrink and they use that money to pay for their debts. Many don't want to gamble...just cut loss and salvage whatever left. It is sad but I hope everyone here is still ok and move on. There are other counters like Wintoni which move up from 7 sen to 21 sen. So there is still hope in the stock market. Just don't get trap buying the wrong company like Hubline. Sell and invest somewhere else.
becareful%2C big volume buy buy then sell little. buy buy sell sell. Those thought cheap%2C how can ti go%3F sharks said downside limited%2C upside unlimited.. so many conned this way and they bought at 0.05....wakakaka. now its 0.03. two sen loss on 800K. how many RM gone. %0ANow the same trick wakakaka.
becareful big volume buy buy then sell little. buy buy sell sell. Those thought cheap.%3A how low can it go%3F sharks said downside limited. upside unlimited..Many got conned this way and they bought at 0.05%21....wakakaka. Now it%27s only 0.03. Two sen loss at 800K. how many RM lost%3F Now the same trick. wakakaka.
I wish i can but I only bought wa no power to vote beside I still working in Papua new Guinea I am honoured by I am trying to get our big brother or sister who own millions of shares to represent us Tq any how If no one bother to go then we have less hope As of now we cannot see any major shares holder who will represent and fight for us Any leader here. Combined we can all elect you to board of director you to represent us Some of you are professional and talented than me Let us know Tq
Yes we can only hope management do the right thing or else many will.lost thier job especially those partner company link to hubline such as sales agent and those reply on hubline business
Not advisable to pursue further as major shareholders keep on selling & reducing stake. Something is not right. Otherwise they won't sell from high of 6 cents, 5.5 cents, 5 cents, 4.5 cents, 4 cents, 3.5 cents, 3 cents & even 2.5 cents. They are the culprits for its price drop. Furthermore, company is seeking protection under S176 against creditors' suit against bankruptcy & cessation of shipping business. Really need to be prudent as Our hard earned money will be gone with a possible winding up of this company in near future. Something is not right though I still hold its shares at price of 6 cents & 5 cents. It may end up like SAAG, Stamford, Transmile etc with our total loss with no recovery at all.
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....
cck8999cck8999
529 posts
Posted by cck8999cck8999 > 2015-02-26 22:32 | Report Abuse
what l know so far.thouse invester holding until today .lose million n million now.