This is a family business not a pure corporate company where the MD etc are not related to each others. Can see that this company is facing some sort of challenges and perhaps undergoing a transformation which might or might not be successful. If you look at the Annual Report for the past 5 years, you will know what I am saying.
Stay away from this counter, till successful transformation is seen.
Last time when Hip Huat Holdings was around this price ,almost everyone was looking down on this stock ....now it’s price is double ...it went up as high as 15 cts ...same thing will happen to DPS cos it owns many undervalued industrial properties with NTA of 22cts
Zero volume already tell you the result on 3/12/2019........time to think think your money...currently, they are using our money for free as their working capital. Who gain the most? This counter only for 1 man show.
FYI, dun hope high on property revenue, peter entitlement to this TBRP project is 40 mil, if got profit oso minimal at early stage and more obvious in later stage. tis bloody infertile dps rely solely on insurance claim, not property, not furniture.
If can't, better forget abt it. Don't give them free money again as their working capital...all talking abt 2 way business. Now Peter seems like to received but fail to transform the DPS to the higher level. All depend on fire insurance claim....no other project?
on top of qtrly revenue, am interested to know the 4 sessions of CM in nov and dec.....want to see what other excuses to bring forward to next year, 3 dec is the final session we will know outcome based from investdps dates
I got nothing from Teh Tarik whether he win or loss. Looking at his *crying* here for the last 5yrs, i am sure Teh Tarik is 80yrs Old and he had loss his funeral expenses playing contra with Peter
Ceres22, is on 21/22 of November 2019. This is not CM but testifying.if price don't drop , better gear up to buy some as CM on 2/3 of December , heard is final. There is possibility Peter takes company as private as huge cash coming in and cheap land bought from SNC.
Look at what happen to kbunai , the land value besides hotel worth more than share value. But take private
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....
SinGor
4,902 posts
Posted by SinGor > 2019-10-22 17:26 | Report Abuse
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6318537
Peter really got "money"( submit to Bursa now)....pushing for 10mil Buyout