Let's not be tempted by the upwards move....Teh Tiong Boon is right.. If you make some or breakeven, or loss a bit.. Sell... do find some other counter. All the best. Managepay could be a better bet (but on weakness).
We refer to the article entitled “Pasukhas to supply high-voltage transformers” which was featured in The Edge Malaysia for the week of 9 November 2015 to 15 November 2015 (“Article”).
We wish to clarify that Pasukhas is presently involved in the trading of transformers.
In accordance with Bursa Securities Corporate Disclosure Policy, the Company wishes to inform that to the best of their knowledge and after making due enquiries with the Board of Directors, major shareholders of the Company and senior management, Pasukhas did not make any statement in the said Article relating to Pasukhas Group's business and affairs that has not been previously announced, and that there is no discussion in relation to the matters mentioned in the Article at this point of time.
The announcement ended with ....at this point of time. The Edge article stated...to supply.... it may not mean at present but perhaps in future which the company may have planned about which perhaps they don't want to announce it at this point of time..
We refer to our announcement made on 11 November 2015 on the above matter, PGB wishes to clarify and comment on the following statements which had appeared in the abovementioned article:
No. Statement in the Article Clarification 1. “The new major shareholders of Pasukhas Group Bhd are expected to inject a new business – the trading and supplies of high-voltage transformers – into the company, say sources”. The Company wishes to clarify that PGB is presently involved in the trading of transformers and as at to-date, the Company has not received any proposal from the new major shareholder of Pasukhas on the injection of a new business into the Company as reported in the Article.
Should such opportunities materialise in future which warrants disclosure, an appropriate announcement will be made to Bursa Malaysia Securities Berhad accordingly.
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....
KKP05
28 posts
Posted by KKP05 > 2015-10-27 17:31 | Report Abuse
Same like yesterday..