As the majority of the company's restaurant outlets are located at the urban fringe of Klang Valley which has high population, it's expected that the business of the restaurant outlets will progressively improve over time especially when market sentiments and consumer spending improve in the future
With new management on board, Dolphin's prospects are encouraging, with more initiatives to be taken in the future to further expand the restaurant footprint
Capital Changes : - Announced EX Date Subject Ratio Offer 03 Oct 2023 18 Oct 2023 Rights Issue (warrant) 4.0000 : 3.0000 0.0850 15 Sep 2023 29 Sep 2023 Share Consolidation 1.0000 : 10.0000 View
================ Be careful of directors doing lots of fund raising and still incurring losses in business operations
Private placement of up to 10% of the total number of issued shares of Dolphin International Berhad No. of shares issued under this corporate proposal 13,378,858 Issue price per share ($$) Malaysian Ringgit (MYR) 0.1420 Latest issued share capital after the above corporate proposal in the following Units 147,167,440 Listing Date 25 Sep 2024
================= Look out for more shares issued to PP ESOS RI in near future
================== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance to PP, ESOS, RI , asset acquisition
Following the approval of the resolutions by the General Meeting of Shareholders, the company will focus on accelerating growth in the F&B sector, which is a good opportunity for expansion given the booming tourism sector.
Oasis is forming an attractive platform for other F&B operators looking to expand, collaborate, and create long-term value for shareholders, new name new era for the company
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....
Aubree
191 posts
Posted by Aubree > 2024-07-31 17:18 | Report Abuse
It's stubbornly hanging at 19 cents there. Good luck on getting it at 18 cents, lawlite007. ha