What a week for 3 of the karim related stocks. End game already. 50% already confirmed that the past numbers were just made up and were fake. Remaining 50% will be confirmed in SIR report. After which the worth of these stocks will be less than a toilet paper. Inroute to delisting soon
There are uncontrolled factors sometimes depends you wanna take this opportunity no need to condemn. Buy or sell up to you.. if lost so much go other counter to try earn back better than non stop attack doesn't change anything
Why need to raise RM 100 million ? Because no money liaw. But PP set at 68 sen. So, who's going to buy ? If nobody buy, how to raise RM 100 million ? If fail to raise RM 100 million, what will happen ?
private placement subscribed at 0.68, above current market price. this shows that new investors have confidence in the company to subscribe at above market price
90,466,129 shares subscribed at 0.68, money will be into company tomorrow. No one will subscribe at above market price and pay RM62m to the company if there's no confidence
PP is confirmed subscribe at 0.68, new shares will be listing tomorrow 5 Oct. investors secured, funding secured for growth projects. now just wait. it might dip more, then i'll buy more.
naysayers only have one motive why they are still in this forum - they want the price to go down, and buy cheap. that's sensible i guess. all the best.
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....
dompeilee
11,888 posts
Posted by dompeilee > 2021-10-01 15:32 | Report Abuse
Maybe big shrholders got wind of EY audit release...on serbak