I don't think can limit down because the old and new shareholders will be trying to buy more cheap shares to gain control on the company, the old directors doesn't has money to buy at present price so he purposely let it dive to below 0.15 cts then he can buy alot, but TWL will also grabing as much shares as possible,
Aiyooo...what ever will happen, olang lali dulu wooo...price nyatuh dulu woo...ini tussle make company no direction...mau meniaga ka mau bergaduh...haiyaa...lu gaduh dulu aaa...gua chow dulu
How could a board which could not afford to repay loan of merely 200k + secured a land worth 800 million??
How much is d cost of land purchased and who was d seller?
Jv agreement with ocr - does it require shareholder's approval?
How could minority shareholders helming the company? Where are d real shareholders and are they not seeking representation to protect own benefit
Pn17- what will d substantial shareholders do after company was put into pn17 for a sheer default of rm200k? Their investment is anythg much more than this
Is d pn 17 necessary or intended to sacrifice other benefit for own interest especially after shares had been forced sold due to margin call.
Etc etc.
This is apparentl not a genuine pn17- wht can other substantial do to mend d ill-intended default??
Luckily.. bought 16 c cabut 38c- tq TWL for creating d tussle
Good luck to those who r still holding d stinky stocks??
Those still holding seacera share should support tan's move to oust present maimed mgmt.
Shareholders should report to authorities and magnify the rationale of purposely declare pn17 ( only oweing 200k but holding 800 million land)for d sake of scaring shareholders to dump d share cheap so present mgmt ( who only hold minimal share ) can collect n control company again- a gimmick
Egm- very imminent before bigger damage is istituted by ill-intended fellow to ruin company to utter disrepair - i cant eat d cake i wont let other to enjoy too so spit on it
Bursa/sc- should institute investigation on manipulation of the saga including any wrongdoing on accounts/malpractice of company / breaching of listing requirement/ corrupted practuces etc to redtore malaysia stock market image
Foreign fund wont return if we maintain this type of malpractice ( intentionally declaring pn17) to buy cheap share by scaring investors to dump share
Act fast is d way forward to protect investors benefit- afterall it is a high value asset backing company
Nta 1.76(pn 17)- dont you think something wrong some where.nta 1.76 is equivalent to maybank and higher than ytl and many bluechip company.
Shareholders shd sell when mgmt highlighted company may fall into pn17/ egm adjourned bcos their tactic to issue share to enhance shareholding failed- so only way is to declare pn17 hopefully investors will dump d share cheaply to them
After gaining substantial share, mgmt will call a fresh egm to issue share to themselves.
Current status- mgmt will surely do their last ditch to buy share when resume trading
Several other listed lions are oso lurking to sweep d share when it is reopen.
Hope rhe errant mgmt will be take to task n make them neighbour of najeeb in sg buloh.
It won't drop too much because new and old boss are fighting to buy to take control, TWL will buy at high price so the old boss have no money to buy,eventually will lose out,
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....
Investsucess
4,761 posts
Posted by Investsucess > 2019-04-27 10:27 | Report Abuse
Tomorrow will have a lot of margin call for those who pledged using seacera shares.