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News No 1 - Change of Directors. Entry of Mr Chiang Kai Ming, a PE M&A subject matter. This should be interesting in turning around the company through M&As.
by mid to end of April, company will announce progress and updates - annual report, real estates, new shareholders, new business and new directions... like Minetech, this will follow through...
I don't think so volume not much might be impatient shareholders. If from the founder they need to disclose unless from their proxies. From their latest quarterly report they are confident about the transfer compare to previous announcement.
Only the insides know until now not much information from the management. The good news is the real estate in valuation stage so this is quite interesting
From January 2024 onwards, total volume of 28m shares transacted, this equals to about 4% of the total shares 668m. By April 2024, we should be able to see new shareholders in the registrar ....
Those bought today is lucky because still got shareholders willing to placed out shares at 0.045cents. Maybe need cash for CNY.. tapering off some shareholdings.... when its available, buy some, 1m shares is only 45k. 5x means you get a free toyota camry + capital back later. Enjoy.
Those followed me back in 2020/2021 made millions... this time we will make the same, if not more
Will share more information as we move into 2024.... BUT first, please load up some at 0.045cents, its cheap for a 30M counter with a upside potential of RM158m before its too late. There is a 5x gap up not many is able to see.