@Robinson thanks. Well, it was not a con just bad investment. In ten years of investing, I have never had the possibility of a company that may potentially go down to zero or get delisted. I am curious if a delisting will happen suddenly, or will there be an announcement. Or will shareholder get back something?
limiklimik, if bad investment that is your fault...
only will close shop like lonbisc if default on loan.... but once announcement on loan default(pn17), you cannot run already because announcement normally after market close and next day people will sell much lower ... like now 6 cent closing, next day people will q to sell 3-4 cent ...
@limiklimik... of course sure lah... If a stock which is dropped till a very attractive low low price, i won't just shy shy to buy few lots only ! (^^)
u forgot to mentioned the protagonist, their co-chairman, the famous Dato' Sri Jessy Lai(拿督斯里赖彩云). She is once the right hand of Zhang Jian(world future richest man), the founder of CDTUP INTERNATIONAL SDN BHD - 云数贸创办人“世界未来首富”张健的左右手
Yes, that’s right, such a big multinational property developer cum tourist attractions history prime location which own many many lands & properties in Melaka city just worth only 6 cents?
Buy buy buy, we wanted to be part of the owner to own all these valuable assets ! Huat ah ! Heng ah ! Ong ah !
Djia bullish.. We crash.. Djia crash we crash.. Djia maintain..we crash..klse is not attractive anymore for foreign fund..better play djia, nyse etc.. More focus on stock.
Mr Boo was too aggressive in raising loans for YT to part-finance the failed Impression Melaka, and to build up his personal shareholding in YT. Now YT has RM220m loan to pay off, and personally his financiers force-sold his pledged shares in YT.
It’s near impossible now to do private placement that can meaningfully help it stay afloat. YT will have to start selling whatever assets it can sell even at the current depressed prices, in conjunction with bank loan rescheduling.
From 0.06 spike up to record high of RM1.75 = 1.75 -0.06 / 0.06 * 100% = 1.69 / 0/06 * 100% = 2816.67 * (28 times/folds)
If you invested let say 1,000,000 (One million shares, RM60,000) You sold at RM1.75 =1,000,000 * 1.75 = 1,750,000 (One million Seven Hundred And Fifty Thousand) You earned => 1,750,000 - 60,000 = 1,690,000 (One million Six Hundred And Ninety Thousand)
Or 2816.67 % * 60,000 = RM1,690,002
You might earned 1,690,000 (One million Six Hundred And Ninety Thousand) in within a year time if you invested RM60,000 now ! Huat ah ! Heng ah ! Ong ah !
NOSH: 953 Million (Total shares is just only 953 million shares nia) ! Market Cap: 48 Million (Total value is just 48 million ringgit nie ) !
When it's record high price of RM1.75 NOSH: 953 Million => 953,000,000 * 1.75 = RM1,667,750,000 ( 1.67 Billion Ringgits) Such a big different, so it's a hugh spike up in price in soonest of time !
Always compare cash balance vs borrowings vs ability to generate cash. This one failed just like london biscuits. Only risk takers for trading play. Fundamentals=0 right now.
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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....
CITADEL
1,867 posts
Posted by CITADEL > 2020-03-06 13:13 | Report Abuse
DIRECTOR SUDAH LARI!!!! MANA SUPPORTERS???