Only some of Gunung hydro plants just recently been completed but more are under construction and planning. More capital expenditures are required for the these projects under construction and development. Invest for the future not the past.
Probably a new shareholder taking over the company via purchase of both equity and warrants? Whatever the counter will definitely surge in price as It has a no of small hydro-plants under construction and development!
Today more than 9.4m shares of Gunung traded off market at 55 sen! There were heavy trading of Gunung WB a few days earlier. Definitely something brewing as the company just got RM 44 m contract for transport services and more interestingly it is actively developing a number of hydro projects, some of them have just been completed.
huh Company boss disposed huged % of company shares.........Nak jual company ke ? a tau boss hutang ah long ??? CNY ah long datang company request hutang ...hahahaha
Noted that large transactions off market all at 55 sen. It may mean that the new shareholders is willing to value Gunung at least 55 sen.Most of the earnings will be from renewable energy from hydro plants in addition of from transportation services.
Gunung Warrant WB still undervalued compared with the ordinary shares, On top the gearing is good and together with good future earnings of Gunung, these warrants will give excellent upside.
As expected there will be big positive change very soon. Gunung is still undervalued as not only it has biz in transportation but more interestingly is a big developer of a no of small hydro projects. The company balance sheet is still strong despite engaging in a no of projects.
Betul juga ex-kpower shareholders big goreng kaki.....while for current gunung shareholders itu director and cina still have many % of share holding...... will further uptrend
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....
ben_ns
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Posted by ben_ns > 2019-12-26 08:49 | Report Abuse
News already out.so you know whats going to happen.