It is very clear that the duo know that they will be removed from directorship and BOD composition will remain intact in the upcoming EGM. All they can do now is to tarnish the reputation of Eddit and his Management team through the so called " insider news" . Their agendas are to incite loss of confidence and to depress the share price so that Eddit will be facing more margin calls. It is silly of them to do that cos the duo are major shareholders. By doing so, their wealth will be impacted too.
I am here. Share price will definitely fall to 30 sens or below even if Brian and Dino is voted out. Why? As I said many times, business fundamentals are deteriorating. I can see the financials daily, the company has already reported its first quarterly loss. Why would the company turn around? How would the company turn around? Can @redhotpepper give any proof that our business fundamentals will improve? You can dream about 90 sens or even one dollar in dreamland.
@joyvest Its silly to say that the duo are depressing the share price and force Eddie to face more margin calls. For goodness sake, the company share price has already fallen from over $2 to less than 50 sens today even before the issue has begun. The share price is depressed because the company fundamentals have already deteriorated and share price is just a reflection of company fundamentals. I already said many times, the company is declining and has reported losses. Does this not lead to share price to drop? It's fantasy to think some comments from me can cause the share price to drop.
the share price is the reflection of the future prospect and growth. If there is expected growth, no cause of concern. To sustain, the company must diversify into other potential ventures such as property development and/or other ventures . Meanwhile, let them cast the dark clouds first and moving forward with the right directions next. The company has already got the core business and just add on to progress....
As highlighted , the recent drop is just short lived .
why everyone here is criticizing the duos and you are using 1 finger to point at the duos and using 4 fingers point at EN. If EN is clean, ask him to use his broken English to make a press release and tell the world he is clean and the duos are evil...... I bet you he dare not to show his face now
If the brothers is clean, ask them to use his broken English to make a press release and tell the world they is clean and EN are evil...... I bet you they dare not to show his face now after minum kopi with MACC
No need for EN to show up . Let the Authorities do the jobs, which is much cleaner and convincing. Guilty parties always sound louder than anyone else cos they are the guilty parties for the obvious reason.
Then why the so called " Employee" has been using this forum to whistleblow. I bet that " employee" is a significant shareholder who is believed to hold millions millions of shares.
Every vote count. Maybe all resolution is just 2k vote to reach 50.1%? Small fish might be that 0.1% if many of us attend. If you think 2Ng no good, vote them out. If you think Eddie no good, vote him out. Remember, we approve or reject each resolution individually. You can vote to keep both of them but reject property development. Just for an example, it is not a set meal that you have to accept them as a bundle.
the duo are tech guy not business guy. idea of venture into property development is a god dxxm joke. revenue is a sinking ship until a white knight come to save it
Institutional investor already avoid this stock, how can the institutional investor come back when this counter have so much -ve news ? Until when will stop? @ZephLim, please komen sikit2 la :) This payment gateway still feasible to make profit now ? Aiseh, manyiak jilaker....
duo and insider keep putting news but dispose the share ? Directors that don’t care about the investors survive or not. Vote for them ? Must be a big joke.
Looks like Dino don't want to pakat with his beloved bro Brian anymore? Maybe he found that he was fooled by Brian and aware the wrongdoings of Brian? Every month spent 400k company money to a young lady's company to purchase paper...what a joke!!!
Shareholders are now sandwiched between the devil ( EN) and the deep blue sea ( the duo) in the countdown to EGM. But It is reckoned that the trio will truce in the end for a spike in the share price where the trio will make huge gain on their recent acquisition at bargain price . Who are the fools ? The fools are those who have sold cheap to the trio. Believe it or not , it is one of the biggest conspiracy theories on earth.
Set up a company just to goreng the price and then later let the company to rot like serba 2.0. All this kind of conmen, one day karma sure strike on them hard!
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....
joyvest
10,533 posts
Posted by joyvest > 2023-02-09 12:45 | Report Abuse
It is very clear that the duo know that they will be removed from directorship and BOD composition will remain intact in the upcoming EGM. All they can do now is to tarnish the reputation of Eddit and his Management team through the so called " insider news" . Their agendas are to incite loss of confidence and to depress the share price so that Eddit will be facing more margin calls. It is silly of them to do that cos the duo are major shareholders. By doing so, their wealth will be impacted too.