I wonder how Malaysia Audit Company do their job to ensure the report, or what we see CASH in the book is correct, when everything is at China ?? And seems like their directors aren't very sincere. I believe nobody has the answer, that's why share price drop like this (people even sell at a lot lose).
I have doubts too of the accounts. Especially when it comes to the valuation of assets. Many investors have the same suspicions, as seen by the disconnect between the net tangible asset and the share price of these companies. If they are really grossly underpriced, the major shateholders or external value seekers would launch a takeover and then make the company private. No need to bear all the requirements and regulations imposed on public listed companies. The fact that they letting things remain is likely indication that they know what the real figures are.
But anyway, I accept the fact that we minority shareholders are in this just for the ride. We don't have the clout to decide on anything. Except to decide whether to buy, hold and sell the shares. With CAP, it's a total speculation for me. Can only "hope" the accounting isn't too far off from the real truth. As with the future share price. Yes, "hope" is the best we can do with these counters. For as long as they don't go bankrupt, there will always remain the possibility something might happen. We've seen this so many times - of dumbass counters moving upwards, and rewarding speculators with significant capital returns. The latest is TRIVE. So I'm letting it be with CAP. Worse-case situation - it goes bankrupt and delisted. But we'd still have time to try salvage some of the capital. That's how it goes in the stock market. Have to take risks to be in the game.
When I look deeper in bursa, many stupid things are being done by bursa. Delisted company keep investors got nothing. They should auction all assets owned by the company and the money must be distributed among investors based on their shares hold and not giving to the people and manage it like his own company. So as CAP, bursa should not allow any China company to be listed in bursa. But what we can do, BURSA only think its commisions only and very little to take care of small investors. Bursa made 1 million step back by making China companies to make debut in BURSA.
its already too late for the authorities to do anything ..the price have went down beyond any reasonableness..and allowing them to get more money through reduction of par value was reckless and annoying by bursa and something must be done should they be delisted due to false and fradulent accounts
wondering how could big amount of stock to be sold out at 0.045 RM while never been at this level in past 3 years. seems company already bankrupted or they like to be showing as bankrupted. I wondering how china base company have to be registered in Bursa while even have no trade with Malaysia or factory in Malaysia. seems registered company with false info, made money and time for runaway.
Again, enter if you have holding power. It is very cheap now and I believe 0.40 is making its way. I shall enter again to par down my overall value if it continue to deteriorate.
Interesting to notice that since they prefer to have a bulky of the company shares floating in the market, I think they might re-issues another warrant upon expiry of the existing warrant. Then we shall get some catalyst for this share. Yet it is just my pure speculation, however I feel that it is possible. As currently they do not have much option on their existing warrant (either push the mother to above 0.35 or let it expired and issues new 1 with lower exercise price, investor happy because got free warrant and mother shares will have a little bit of catalyst)
Opinion: Hold Continue to bang in next month when got capital and the price still below
You are right. Next PRU please vote Amanah or opposition. Don't vote BN.
Posted by persie > Jun 10, 2016 03:10 PM | Report Abuse When I look deeper in bursa, many stupid things are being done by bursa. Delisted company keep investors got nothing. They should auction all assets owned by the company and the money must be distributed among investors based on their shares hold and not giving to the people and manage it like his own company. So as CAP, bursa should not allow any China company to be listed in bursa. But what we can do, BURSA only think its commisions only and very little to take care of small investors. Bursa made 1 million step back by making China companies to make debut in BURSA.
I hv say many times since abt 8 cent say dt buy cap. Gt accounting problem n bank ac also unknown amount of money inside. I wont take the risk again to invest in cap.
Do you know who THEY are? THEY have been playing around for about 3 weeks THEY have been pushing down the price from 0.06 to 0.035 over this period, so (conversely) by doing this and if the price drops further, they may also influence panic selling for them to accumulate at cheap price. THEY control the buy & sell queues
I think is tomorrow , today volume 76,450,000 break all bursa counters and also Cap own record alreday such high voulunm if tomorrow keep high volumn share must up one ?
this counters already super undervalue as many media report CAP underv, so either go bankrupt or going fight back lol if fight back maybe is a gao gao one like up 50% or 30% . if not better closed it better To torture Cap loyal shareholders everyday ? haha
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....
Yet Lian
27 posts
Posted by Yet Lian > 2016-06-10 09:23 | Report Abuse
I wonder how Malaysia Audit Company do their job to ensure the report, or what we see CASH in the book is correct, when everything is at China ?? And seems like their directors aren't very sincere.
I believe nobody has the answer, that's why share price drop like this (people even sell at a lot lose).