I think bursa authority should investigate cap accounting n hw much of money in the company left inside the company ac. If indeed it has match all the money as stated in the years of profit. If all ok i sailang in hehe. Bt i can say judging by the share price something amiss nt right. Buy or sell at yr own risk.
Actually what we concern here is the fn reports is original or other story ? because many people say china stock got prepared two account one ? ACtually if CAP reports is original and accurate then CAP share price min must at least 0.30. because CAP got cash , asset , Nta high, and every year make profit , and CAP biz industry also never Downturn one, because everyone must use one. Not like IT, telco , tecnology , Retail Trade。 So if you believe in CAP reports , buy as much as you can, because I cannot find any stocks in Malaysia can have such goodies, But If you not believe their reports , just go away and find bluechip, currently Ambank And CIMB very worth to buy ? I also keep CIMB . but I also hold CAP, because I have no choice to belive in CAP .
Finally, a total of 26 millions units are allocated by CAPs for ESOS at a price of RM 0.60. With this, let's hope CAPS can move on from this point onward.
I hv heard of accounting fraud rumour since last year. Look at the share price today n it show some truth. Why big investor keep dumping at a loss?? If its so under value why esos only 6 cent. I urge bursa authorities investigate cap bank ac to see hw much fund left.
WanEmdibi I agreed with WanEmdibi, this year Cap either back to 0.1 above or going to holland straight away. SO this coming report is the most important moment , must show big improvement then will fly
Amit Khindriya hi there HI CAP Team, DO anyone going to Annual General Meeting this month ? Can I know when is the date of CAP General Meeting this month ? Because I really want to go . Someone can tell me when is the AGM and location ?
sky77, that was the only concern, if not this cap should be at least more than 0.10 or even higher. But I already bought too much CAP , so only can hope CAP can add oil and make we rich , haha
Both sky77 and Angielim9955 have valid points. It's puzzling why CAP is so low when the quarter reports haven't been bad. Or maybe these aren't really how things are? It wouldn't be the first time companies engage in creative accounting, with auditors' connivance. Had happened in places supposed to have "strong corporate governance" like the US. The biggest was Enron. Plus others. Not to be prejudiced against China companies but it's something we must be sceptical of.
On the other hand, if things are really above board, it's an opportunity at this price. But one must be willing to accept the very real possibility of seeing it slipping further. Especially when negative things are revealed. At this price, half a sen's move either way equals to 10%.
There are proposed capital restructuring going on, right? Including share consolidation. These are mostly technical. The price will be higher than 5 sen, but investors will have less units too on ex. date.
The Proposed Par Value Reduction:- (i) will not result in any adjustment to the share price of the Company or the number of Shares held by the shareholders of the Company (“Shareholders”); and (ii) will not result in any adjustment to the exercise price or the number of outstanding warrants 2013 / 2016 of the Company issued pursuant to the deed poll dated 13 December 2013 (“Warrants”).
Cap actually very famous and going have AGM at Istana hotel, I thought will fly soon, with the same time which AGM and ESOS 0.06 and new report is coming out , I believe the new report can not be fake anymore, famous as CAP dont dare to do that . So I belive their reports . maybe after AGM , CAP will become another AA, I mean will trible up like AA ?
GUys, do someone here know CAP Agm is it as usual or got change date ? IS it as below information :
Date of Meeting 30 May 2016 Time 10:30 AM Venue Safir II, Ballroom Level Hotel Istana Kuala Lumpur City Centre 73 Jalan Raja Chulan 50200 Kuala Lumpur Malaysia
As I mention earlier again, patience is required for this share. Besides, with China missing estimate figure, I'm doubt that CAP 1st quarter report will be beautiful. Overall my view on CAP 1st quarter report will either remain stagnant or continue to reduce by 20%. PBT will continue to reduce slightly by 20% as result of reduce in revenue. I remain buy call for this share in view of their strong cash position. Pending their JV result with Australian party and management future plan in strengthening their business position and market share.
I still remain my TP at MYR0.35 due to their CAP-WA will expired this year. P/S: all the best for those that buy and have free CAP-WA shares.
Please do update us if you are going to their AGM as I will not be in Malaysia during that particular period.
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....
Angielim9955
2,049 posts
Posted by Angielim9955 > 2016-04-22 03:01 | Report Abuse
fly la CAP, I know you want to benefit your employee but how about us leh ?