CITAGLOBAL ------------------- CITAGLOBAL is no longer a stock of the past.
CITAGLOBAL has sold its loss-making subsidiary and has injected a new company at RM140 million through exchange of shares.
This newly acquired company comes with a profit guarantee totalling to a sum of RM60 million for 3 years from year end 2022 to 2024. So there is a profit guarantee averaging RM20 million per year.
In other words, there will be a huge jump in profits in the coming quarters with other incomes from different sectments.
CITAGLOBAL is a reorgansed and well-managed company with bright futures and lucrative incomes.
Depeche , Most probably it would resume its upward trend when the stronger funds or syndicates take over the tickets.
Do remember that there will be a consolidation of shares from 5 to 1 share. Once the consolidation ex date and entitlement date are announced , very likely that investors would rush to accumulate. As a result, there will be lesser free floats in the market causing the share price to rise.
Agong is substantial shareholder.... this counter guarantee no hanky panky... money is safe... just look for brighter future...Agong's participation can pull in big contracts.
Chon99 , Bursa is full of trap counters.... this one should be 100% safe..... even Serba Dinamik, which was once a darling O&G stock, has sent many investors to the blackhole... that is just one prominent example.... there are others who can make u a fool investing in them.
Sometime back I had witnessed in real time how the queues changed dramatically during the 5-min break from 4.45-4.50pm and I commented that this counter was (still is) cornered
Our King’s money (!?) in this company is one thing. The most important thing for believers/speculators/etc is “When tf will the share price move up substantially?”
Google Siam Cement shareholding and price movement over the past 5 years
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....
Kanenites
4,519 posts
Posted by Kanenites > 2023-01-09 12:29 |
Post removed.Why?