Even merged, situation also the same. The main problem is those 2nd board company has too low liquidity and size is simply too small to attract fund mangers or instituitional investors. This is the fundamental problem, merge or not merge still the same.

There are some listing company that only has few millions to ten millions turnover with pre-tax profit less than 1 millions, this is hardly convincing to attract investors, even ordinary private company on the street also can achieve those kind of revenue. Not to mention (those bad apples) those after listing, company financial situation starts to slowdown and deteoriate after complied the listing requirement of 3 years.

This post has been edited by cherroy: Mar 25 2008, 03:28 PM

true, to be honest, i have less confidence for Second & Mesdaq counters

of course there are some excluding cases
like cherroy said, we still need to look at all aspect before determine a good or a bad apple

There are a few Mesdaq listing counters are like a joke (no offence, this is the purpose of the Mesdaq to allow newly venture company to raise capital), revenue a few millions, pre-tax only several hundred thousand, even Kopitiam shop also can achieve, different is only they don't listing.

Hi,

Is it true? This is first time i heard about it. Why would the SC allow them for listing?



Thank You.

resort seems to be moving up fast.
abdullah's assurance that gov will not scrap the projects given in ba's state is making the shares green?

Is there any software like KLSE real time monitor can support Linux ubuntu?? Cant find any

No lah, US market lead all major bourses around the world higher.

---

Added on March 25, 2008, 3:38 pmThe purpose of Mesdaq is to allow those have no-track record company to list and raise capital.

This post has been edited by cherroy: Mar 25 2008, 03:38 PM

To make some people rich in the expense of others...

As long as they fulfill the requirements of listing, SC will allow them to list. Listing doesn't mean profit for investors though. Listing will let the company raise cash it can't get from banks, in return of shares in the company. Listing does not guarantee profits, does not guarantee capital protection and does not favour the investors at all other than the promise of better returns compared to the investor's savings account.

go go PBBANK!

Market going up quite fast. Tomorrow maybe can see massive profit taking

Tenaga moving up fast

TM got stucked

This post has been edited by dsugums: Mar 25 2008, 03:45 PM

wow my lovely PBBANK is flying~

Hi,

I really miss the boat. SHould buy on the time of 09 03 08 at the price of 9.40 ? Really miss the chance.


Thank You.

Sold off my KLK at RM17

Hi,

How many lots you bought for klk ?



Thank You.

the truth about some mesdaq company:-
to list in mesdaq, the company have to show a surge in profit of 150% (something like that).. very eazy to acheive. first they spend 2 yrs writing software. so all will be investment cost for first 2 yrs ( they employ 3-5 programmer), then on 3rd year they approch customers. ( i was one of the customers) they tell me straight to the point. they will sell at any price. they will customize the program for me anyway i want it (provided it is not too much la). i sign the contract, they get very high profit, pass the requirement for mesdaq listing and that is all they need. They also offer
'extras' to the person holding the pen... as long as customers sign on the dotted lines.. then the goreng starts.. goreng goreng mee goreng.

That is why don't touch mesdaq if you don't know what it is all about.

MESDAQ company is more like a high risk and high growth company. Therefore not much great background of it once it listed. I only see 1 example of MESDAQ company that outshone the industry which is STEMLIFE.

Hi,



Is this the way the mesdaq market evolved ? Oh my goodness.
Here is my question. I'm really a newbiez here.

1)Why would they spend years of writing software? Is it a software company?
2)Are you signing contract with the software company and they give you some sort of discount?
3) what kind of thing that they sell it at any price?
4) What kind of extras did they offer you? would it be the shares of the company?

If this this is the type of " Goreng starts " . No Wonder a lot of people jumps from the building.



Thank You.
p/s: Thanks for your information. " jongkolkhoo "

1) you can challange them and write it in 1 month then you start your own goreng company la. No it is not a software company, maybe rocket company (help )
2) no offence, what am i suppose to answer? what discount. give whatever they think I wan la.. (and provided they can afford)
3) software la. sharemarket , treasury related ones, hrm, erm, etc. huge discount from list price. beats any price in the market.
4) secret...

please don't ask something so far related to share market in this forum.. ok?
u can email ...K?

Tonite DJ future is Green, OIL down a bit, CPO up again.

Malaysia boleh again