A grand vision that doesn’t survive contact with reality. It is heading towards 10sen or below before preference shareholders can convert into ordinary shares.
Let it go, let it go Can't hold it back anymore Let it go, let it go Turn away and slam the door I don't care what they're going to say Let the storm rage on The cold never bothered me anyway
Right issue also tak sempat alrdy.. oni private placement may help.. but period now who wanna subscribe? Base on cash on hand now.. how they gonna survive till nx quarter? Anytime come out boom - loan default.
Hopefully somebody come in takeover... at least build back the market confidence
There’s no right track. Nobody wanna watch Encore Melaka for rm70 a pax. Properties also have no meaningful buyers. The huge borrowing will kill the company.
2x PP were bad for minorities. So more encore keep on burning money. Now only MCA can help, PH govt won't rescue one. High NTA, but company issue PP at longkang price, means mgmt oso not optimistic. Those big boys oso -ve thinking, investors how to be +ve ??
fuk the management, pls bring in more theme to support nyonya show. apa pun boleh as long as got money in! bring in Disney theme, fox theme, Lego theme or maybe thai theme. fuk the shops no tenant occupied. My investment in yongtai habis.
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....
TYS_Capital
1,691 posts
Posted by TYS_Capital > 2019-08-28 09:07 | Report Abuse
the losses won't stop in coming few years time.