On Q1, revenue is drop 62.77% due to finish orderbook. According to statistic, Malaysia construction is up 14%, and the company will continue to fight for tender. Guess the Q2 will give clearer picture if there is any reversal chance such as Revenue boost up, or secured further orderbook. But the current share price seem reflecting something. Anyway, next week end will have result.

The QR is -ve as expected. Where will insiders throw if the QR is green? 20/9 PP, company do so many years project but making loss, now PP ask money to buy land. Seem unreasonable, ask money from shareholder means the manage is not good.

If a company have borrowing with bank, still PP, take money from shareholders, still making losses. That means this company is totally worst management. When can pay back debt? When can help shareholders earn back? Is a dark hole. The only chance is to wish the Shark to pump up, but the Shark won’t be stupid, so many ppl stuck at 0.08. Unless got big project or catalyst or management strength to get project, otherwise, high chance keep sideway till no tmr.

I buy at 0.08 by wrongly trust ppl. No more penny anymore, previous rebound is fake. I can do average down, but if further down, no awake, or sideway longer, my funds will stuck. And without catalyst such as QR, and it keep PP, no ideas how to up. Buy penny equal to throw money to the sea.

My thought: if you think want put money in a downtrend penny stock, better you consider put FD. FD give you free travel money, penny caused you can’t sleep well in every night caused you need spend more to see doctor and emotion interrupt. #No more penny!