QUOTE(escargo75 @ Jun 3 2011, 12:55 PM)
Read their annual report recently, not impressive at all. They got 4 companies but 2 are dormant. Only two companies are actually working. Then they have a very young CEO - 29 years old only, although is first class honours student but again his age and experience is disturbing to me. Have to off radar for this stock because I strongly believe this kind of business is not sustainable...No offence to all those supporter of this stock.
I don't see the dormant company as a big problem
QUOTE(fashionsuperman @ Jun 3 2011, 05:23 PM)
Bro ... we are same view in Hubline so i going to give u some of my tot on this one...
What i think that this business will not go long which it is not a sustain business for sure....but for short term investment sure a good bargain, why i said so?
Because currently it is a monopoly business as government support them because they promise will invest in malaysia.
Secondly, his boss is a good accountant and the way he doing business make me believe it wont go down in this 5-8 years at least (He start this in 2008, so this year should be his boom period.... then will go down).....
Also, they serious in going to list in main board and they really doing some planing to done this in this year. (From insider), just base on this as my experience all stock wanna transfer board will have a boom time at least. which i miss the ETP time to sell an buy again, then private placement they will push the price in RM .28-.29 at least for 2 months to make people go for private placement , which is good to sell then, then buy in when low.... i think as long as below Rm0.25 it can go in to wait 3rd time boom which will easily go to RM 0.4 i guess.
Basiclly all this will happen within this year if you catch this cycle right you earn some here and there....
So if you agree what i say, please tepuk tangan.... if you not... then still thank you for finish reading my simple tot.
Good view from u
I travelled on bus last few years and i found it is interesting that they install LCD TV in each bus, with animation, news and commercial advertising. Now they have to walk further by gaining live-broadcast license, it would be much more interesting than the recorded type. By obtain the license, they have to give out 30% bumi quota, no comment about this since it is country policy.
What will you do if u ride on bus? reading newspaper or book might cause u dizziness, some will listen to MP3 and most will look at scenery or chick
From what i observe, most of passenger will look at the LCD TV, if the management manage to squeeze out this revenue from the pre-recorded type, imagine how much they will pocket from live-broadcast revenue potential gain.
He must be took a lot effort to build this company up, as a young entrepreneur, i believe he won't tarnish his image just for a million gain