I say let them sell. At least can flush out those who cannot hold out. From what I can see (assuming I'm interpreting this correctly), a divergence forming, price reversal upcoming. Pushdown lacking volume.
good news indeed, announced a 51% stake purchase in Rentas Health, along with a profit guarantee of min. RM23mil (RM11.73mil attributable to Pecca - 51% stake).
Pecca's last FY's profit is only 8mil. That is prior to acquisition. Tomorrow fly fly fly
Rentas incorporated in Mar,2020, within 1.5years worth 200mil..the lady boss only aged 26yo. wholesale covid test kit, face masks, not sure what other PPE etc so hoseh profit margin sia, guanratee 23mil (profit not revenue) on 2022.
Finding it a bit funny - started a new company using daughter name (26 yrs old) in PPE, face mask and Covid test kits and then inject into listed co at 100 mil. That is good money !
is an act to "milk" the company......can a single product, newly established distribution company valued at RM200 million???? furthermore buying from MD daughter....... SC should do something on this kind of corporate exercise....
well, if i were to listen to HLG and Aminvest's advice and sold previously at RM2+, i would have lose out 100% hahaha since i've already bought, gonna wait and see how it goes
Through its subsidiary Komark Mask (M) Sdn Bhd, the group boasts 28 production lines currently, with four more due. Set to be the country’s largest manufacturer, the sprawling 150,000-sq-ft headquarters factory in Balakong, Selangor, can fit up to 50 mask forming machines with a potential capacity of 50 million disposable face masks a month.
us cdc phase out pcr test kit....face mask ppe production become a commodity like rubber glove. still want to milk the company for rm100 million, maybe more later. congrats on the 100% gain. better take money move on another counter where minority shareholders no get such lousy ride.
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....
popo
316 posts
Posted by popo > 2021-06-20 20:24 | Report Abuse
Hold,hold...Jul, Aug .Q2 rocket