haiyaa sold out already 0.735, tomorrow more to come ?????????????????????????????????????????????????????????????????????????????????????????????????????????????????
7115 SKBSHUT, SKB SHUTTERS CORPORATION BHD - + Additional Listing Announcement /Subdivision of Shares 12 Oct 2023, 07:00 Additional Listing Announcement /Subdivision of Shares 1. Details of corporate proposal Whether the corporate proposal involves the issuance of new type and new class of securities? N Types of corporate proposal : Exercise of Warrants Details of corporate proposal : Conversion of Warrants to Ordinary Shares No. of shares issued under this corporate proposal : 35,000 Issue price per share ($$) : 0.4500 Par Value ($$) (if applicable) : 0.000 Latest issued share capital after the above corporate proposal In the following Units : 132,035,000 Issued Share Capital ($$) : Malaysian Ringgit (MYR) 45,834,074.000 Listing Date : 13/10/2023 Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
For the record, when I posted my accumulation mode, my bulk buying is from 0.58 down to 0.57. And at the moment, it is traded at 0.63. So, nobody can say they lose on what I post. That's it. Best of luck.
1. Update on Powerless Flood Shutters: The company launched this new product in July and is conducting ongoing tests, including compliance with the British Standard. Management anticipates completing these tests within a year, aiming for overseas exports post-testing. The company already received some orders for powerless flood shutters.
2. Order Book Status: Management indicated that the current order book is sufficient for the next two quarters.
3. Q4FY23 Performance: The company's strong performance in this quarter was attributed to robust performance in the construction industry.
4. Outlook for 2024: Positive expectations were expressed regarding Foreign Direct Investment (FDI) growth and data centers. The company is currently testing a new product designed specifically for data centers.
5. Gross Profit Margin Increase: Factors contributing to the margin increase include the pandemic's initial slowdown affecting gross profit margin and the company's enhanced performance, leading to competitive advantages and margin growth.
6. Expansion Plans Update: The new factory at Eco Business Park V will be a green technology building focusing on green products. Expected realization is in 2025, enhancing factory efficiency with an estimated investment of RM80 to RM100 million.
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....
damansaraeagle
1,785 posts
Posted by damansaraeagle > 2023-10-10 17:12 | Report Abuse
haiyaa sold out already 0.735, tomorrow more to come ?????????????????????????????????????????????????????????????????????????????????????????????????????????????????