am not sure how this news will pan out (theedgemarket.com) Companies in the news Handal Resources, MMHE, MAHB, MBSB, E&O, Ni Hsin, QL Resources, Lay Hong, Iris Corp
By Supriya Surendran / TheEdge Markets.com | November 3, 2014 : 8:50 PM MYT Share on facebookShare on twitter Printer-friendly versionSend by emailPDF version KUALA LUMPUR (Nov 3): Based on corporate announcements and newsflow today, the companies that may be in focus tomorrow (Tuesday, Nov 4) could include the following: Handal Resources, MMHE ( Financial Dashboard), MAHB ( Financial Dashboard), MBSB ( Financial Dashboard), E&O, Ni Hsin, QL Resources, Lay Hong and Iris Corp.
Handal Resources Bhd ( Financial Dashboard)’s order book grew to RM191 million, after it’s wholly-owned subsidiary Handal Offshore Services Sdn Bhd secured a crane fabrication contract worth RM6.3 million from Sarawak Shell Bhd.
In a statement, Handal said the contract win demonstrated the “increasing confidence” of oil and gas majors in the company’s capacity and capability, and believed the affirmation would pay dividends for Handal, going forward.
but honestly? this was a bad investment decision on my part. once i recoup, or break-even, i'm getting out of this counter. quite hopeless. i realize my mistake - insufficient research on the quality of leadership and management of a counter. in the long run, i think this factor of innovative and forward thinking in leadership and management is crucial.
Will this counter ever climb to their heights of 0.59? Will there be a big improvement if a big fish M&A them? It would depend which big fish right? And which 'blue' ocean this fish is swimming in, right? For this counter, there is a super need for super patience! Well then, in business, anything can still happen. I shall dream on that a huge Chinese mainland business entity with synergy for handal's business will buy them up. The handal owners appear to be very satisfied with whatever they are doing now. They need a super major wake-up call!
biggest turkey of all. really, really, regret buying this stock. right now, this is how this stock is going to be, barring a miracle. totally hopeless senior management. all gaya saja...performance...illai!
Maybe the share price is being pushed up to make warrantholders exercise the warrants which expire in less than a year from now. Other companies have done this before.
look at favelle favco and now compare it with handal....now what do u see? not only there is a stark difference in the stock price, the way handal go about their bizness will there u that these ppl only relies on sugar daddy PETRONAS for their survival. crying shame.
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....
4u2c
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Posted by 4u2c > 2014-10-04 10:40 | Report Abuse
lets hope for the best....maybe new investor bring in luck...