I seriously hope you keep buying MORE lots. AVERAGING DOWN some more, perhaps in the 1000-10000lots, and trying to prove how SMART they are. HAHAHAHAHAHAHAHA
Just another reminder who is the person behind who absorbed 55,000,000 unit shares from syawaras and dato azim.imagine if you are the current new shareholder who know that this company is sinking why on earth you would invest so much?There are something more than meets the eyes.I had a feelings that possibility of restrucring exercices is in the progress.
KUALA LUMPUR: Tencent Holdings Limited of Hong Kong will team up with Patimas Computers Bhd in an equity partnership in a data centre in Malaysia.
Tencent, a leading provider of comprehensive Internet services in China, would seal the deal in a signing ceremony with Patimas on Wednesday, June 12, according to a statement issued by the Hong Kong company.
Tencent was founded in Shenzhen in 1998 and went public on the Hong Kong Stock Exchange in 2004 while public-listed Patimas Computers provides data centre services. -- BERNAMA
[NEWS] KUALA LUMPUR: Tencent Holdings Ltd, one of China's largest Internet company, is expected to acquire a 15 per cent stake in Patimas Computers Bhd this week.
According to a news report in local Chinese daily China Press, citing sources, it said that the deal could happen this Wednesday (June 12).
[NOTE] Tencent Holdings is the third ("3rd") largest Internet company in the world behind Google and Amazon with a market capitalization of US$38 billion.
Tencent Holdings Ltd must have a very good reason to team up with a PN17 company. Hope it is true and Patimas 'long-term investors' will still have some hope to recoup their losses.
here's the interesting part of it.. according to the news by local daily : tencent will sign the agmt this week.....another newsprint even said according to a statement issued by the Hong Kong based company".. but im trying to search for such news from Tencent website, i found nothing.. well i guesss our reporters are really that good considering google has no such result on it.. yeah, and you would think an internet giant dont use internet for such news, rite? keh keh keh keh.. ok fun factual part:
" Patimas has been struggling amid a decline in the computer-related product and services market, and as it got embroiled in the findings of an investigative audit that showed irregularities. For the financial year ended March 31, 2012, Patimas posted an audited net loss of RM86.5 million ($27.8 million) – nearly four times its unaudited net loss. "
"Tencent says its WeChat mobile messaging service (known as Weixin in China) has 194.4 million monthly active users and more than 400 million registered users, with an estimated 40 million users thought to be based overseas, while the remainder of the 300 million plus registered users are located in China. For the first quarter of 2013, the Chinese company posted profit of RMB 4.04 million ($645 million), up 16.8 percent on the last quarter. "
wohooo...goliath will makan david? but how come datuk n geng left if its goin to happen..? didn't he mentioned somethin abt this data center worth 80million? really? hehehe.. happy reading and buying (if thats your decision).
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....
yowtp
1,484 posts
Posted by yowtp > 2013-06-09 22:39 | Report Abuse
Comet, you look like so confident that this share can go to 0.10 by tomorrow.
Can you pls explain it. Thanks.