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I actually quite confident with this stock..not easy to acquire a company actually.. there's alot of legal issues involved...and there's alot of negotiation between the stakeholders..if they said in two weeks can settle, you have to actually set a timeline of 1 month ...I have experienced one acquisition and one merger with my previous company, and it took months before everyone one came into agreement
Careplus just had an explosive qr2 report..expect them to limit up on Monday..if mqtech really manage to acquire the glove company, RM 1 is not a problem
Faiz Nikko, in AT case I think it was only a proposal to own the entire equity of pearl glove, they still haven't buy the company yet I think ..so technically they are not a glove company yet..I am following them as well
Mqtech only announce that it is getting into joint venture with JD to acquire a glove company in malaysia.. according to their announcement to SC they are already in final stages to get the deal completed..so basically most of us here are waiting for that confirmation before the price goes up...since mqtech is relatively cheap now so why not just try some luck here
I like your positive vibes sandave... Actually i lost of faith with this counter, but still give another week... Already email them about the deal, not replay back..
@Gaban you sure a funny man. Haha. Which sane person would send an email asking regarding the deal? Haha. Any insider leak also if get caught by SC will be fined and fired from company.
Hi Lynn, many of them still have cheap tickets that they got for 0.045 ...they already make huge profits at 0.135... the good news is now most of them are holding higher tickets and if anything were to happen the price won't drop like crazy...infact it will only move upwards now