Private Placement is kind of fund raising by offering shares. Good or Bad, depends on the purposes. If fund raised meant for future development, could be positive. Anyway, it depends mostly on the sector. If it is a growing company, normally it is a positive sign.
now is closed period dealing...company results releasing soon for the last quarter. should be a good one. Purchase of SSN gloves happening very soon also ...budget 2021 coming up more projects. exciting news ahead.
just be patient. this is a cash rich company. market not doing good. once market recovers, this share will go back to its original price which is 0.90-1.00 range. just look the price it is trading before MCO. treat this as a safe FD. after all, this is already rock bottom
Invest in Vizione need to be patient for 1 more qtr. The management are working into successfully turn around with new investment such as glove/cyriptocurrency.
can see the buying interest is coming back slowly...once the political crisis is over, the share will pancut. Construction stocks is always tied to the projects the government rolls out. and at some point, the construction has to start again if the economy is to recover, glove or no glove...
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....
Shines
2,824 posts
Posted by Shines > 2020-10-07 08:12 | Report Abuse
Yes 希望如此。