Executive director Saw Leng Hean said despite having the qualifications to list directly on the Main Market, SBH Marine intends to approach the market “step-by-step” as an effort to gain more insight first.
“We want to learn from the process, improve ourselves and graduate from there. Moving ahead, we are targeting to list on the Main Market of Bursa Malaysia in the next three years or so,” he told the media after SBH Marine’s prospectus launch.
Saw said the group is also planning to increase its international reach by exporting its frozen seafood products to China on the back of strong demand.
Nevertheless, Saw said the group will continue to grow with its existing clients while increasing exposure in the Chinese market.
good counter, those need money can cash out- but many buyers are bargain hunters at this moment. to see a better picture wait 2 weeks after dividend. if price maintain or above, then it will move up.
You’ve probably heard someone say, “Investing in the stock market is just like gambling at a casino”. It’s true that investing and gambling both involve risk and choice. But gambling is typically a short-lived activity, while investing can last a lifetime. Also, gamblers can expect a negative return, on average and over the long run. On the other hand, investing in the stock market typically carries with it a positive expected return on average and over the long run.
When you invest in dividend paying companies, you are essentially expanding your return horizons. Most of the well-established companies or market players not only stay consistent with dividend payouts to their investors but also increase the dividend percentage at regular intervals (generally once every year). Although, risk cannot completely be eliminated while investing in market-related instruments, investing in dividend paying companies can assure partial returns over investments that can be better than non-profiting investments in stocks, especially in such volatile markets.
ocean fresh cannot compare to SBH . SBH got agricukture shrimp farm and hatchery nursery technology . supported by government as well . there is a lot of potential there .
study well before investing , look for bigger picture in future . dont just earn few sen and sell off , drop few sen then scared to die . we looking for multiple profit .
Same patern bussines Yesterday Ocean trading 28 touching 0.93. Revenue qtr. around 50 million. Today split. SBH trading 22 sen last year. .Now start jumping highest 0.365. Revenue qtr 41 million. SBH touching 0.40 next week is not possible depend on market.
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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....
GemSeekers
1,040 posts
Posted by GemSeekers > 2024-06-27 11:33 | Report Abuse
actually already meet requirements for main board