honestly, i do not know why people love PNxx counter and always hoping for lifting from PNxx again like THH? SAAG too? No other good counters in KLCI for try out?
mmm....the annual report already out...so crazy this company...loss over 90Million...for me rite now...selll...no recomend to hold...my guess on monday will go lower than 0.10...the TA is moderate but the FA is out...close my book 4 this counter...
OTHERS BINA GOODYEAR BERHAD (“BGB” OR “COMPANY”) PROPOSED DEBT SETTLEMENT OF BGB GROUP (“PDS”)
Further to the Company’s announcement on 9 January 2013, the Board of Directors of BGB wishes to announce that the Company intends to hold a Court Convened Meeting for the creditors of the Company at Dewan Ilmu, Perpustakaan MPPJ, Lot 389, Jalan Selangor, Seksyen 3, 46050 Petaling Jaya on 29 January 2013 at 11.00 a.m., for the purpose of, considering and if thought fit, approving (with or without modification), the Proposed Debt Settlement to be implemented via Proposed Scheme of Arrangement, pursuant to Section 176 of the Companies Act, 1965.
I once owned Bina Goodyear. The Directors like Lai Tan Fatt & Wong Shuk Chai looked like decent people. Also there was a piece of prime land in Bandar Sri Damansara which has great potential.
Alas! Lehman Brothers' Debacle Struck. The Cement and Steel Price Increases Caused BG Year projected profits to turn into a loss.
And the worse news was - The Disposal of the prime land bank in Bandar Sri Damansara.
Finally, The Directors Have Sold Off Their Shares. And BG Year fell into PN 17.
Some of the former directors have bought PM Corp(4081) and now in Top 30 Shareholders of PM Corp.
While BG Year has been performing badly PM Corp is Now In An Upturn. PM Corp has doubled from 9 cents to 23.5 cents today. But there is a company called MUI Berhad. MUI Berhad own 70% of PM Corp.
I suggest that all of you should take this opportunity to sell all Bina Goodyear Shares Today & Buy MUI Berhad & PM Corp Shares Today.
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....
banana86
301 posts
Posted by banana86 > 2011-11-24 21:20 | Report Abuse
hw come stil a dogi candle today????