I think the new shareholder do it in purpose..anyway mother drop so much but son not much effect..if son drop below 0.18 maybe can consider enter again^^
Think of it he bought at 2.5 if private placement price is at discounted value who benefit the most to breakeven?smart move instead of buying via open market etc..just like how AA Tony move:)
FYI, the private placement's price is not fixed yet... The proposal is a standard announcement tat stated Price can be fixed not more than 10% to the 5 days average price... The Placement price is determined later... The RM1.70 is only for illustrating purpose...
Pasan muka to those gamblers. I remember when Desmond came in. Everybody was cheering about reits, asset injection blah blah. And now look at what happened.!
He need more fund to execute those project plan that's why PP is in the move..not say WCT no good, it still bright especially once the PP is go through n raise money via other big shareholders (epf/lembaga/etc)..at that moment all project plan can move smoothly:)
That's why I said PP price too low. The GLCs' should have no problem picking up PP shares even at abv RM 1.80.
ryan7642 He need more fund to execute those project plan that's why PP is in the move..not say WCT no good, it still bright especially once the PP is go through n raise money via other big shareholders (epf/lembaga/etc)..at that moment all project plan can move smoothly:) 19/01/2017 14:01
FYI, the price is fixed at a discount not more than 10% discount on the 5 days average price....WCT price could move up to RM1.90 to Rm2.00 by the time they fix the price..
Posted by value_invest > Jan 19, 2017 03:55 PM | Report Abuse The private placement price is not yet fixed... Just see how much the company is going to fixed the price....
TO desmond style, he will sure bring in FUNDS or partner in all his major venture... SOON u will see what he do... WIll see Who is the main partner he bring in.. Very stong partners,,,,
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....
power96
257 posts
Posted by power96 > 2017-01-18 18:21 | Report Abuse
Trouble ahead. Those accumulated