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4. Getting insider news from Kenanga IB, there's gonna be a Share Splitting plan. The acquisition of business is released through EGM and AGM. The company's future and prospects will leads to rise in mother share (to a very high price) then the board of directors will announce the Splitting of Shares. XL company’s Par Value 1.00 can apply to BURSA for every 1 Share Split, up to a Par Value 0.10 for 10 shares, which form a big volume stock circulation. Of course, these are all decided by the board of directors. There are many advantages and benefits in listed companies also if the Share Splitting plan is being carried out successfully.
I absolutely believe & confident to Ng Min Lin management team.
Just get to know from Kenanga IB that Bursa has approved all the company's plan (include the injection of RM 200M) and diversification of business plans.
Investors just need to wait for Company Announcement.
Yes I also agree management play important role for better company development. I also waiting for bursa approval announcement (small cap company has big institution to invest n fund)
Company's plans got approval from BURSA. The company will approve this 200M in EGM, include additional of 20% Private Placement on 18/2 then company will have cash over 215M. Looking at current economic situation in Malaysia, company with cash will definitely boom
Well shopee I need to remind you, I believe those invested in XL will read and go through the 67pages of Multiple Proposal. We just waiting for company EGM and future vision
I have faith to Mr.Ng Min Lin's consultant Kenanga IB and management team. Soon will have Company Announcement regards to Bursa approval.. next follow up with EGM date
1. EGM was successfully held
2. Cash injection of cash into the company
3. Successful acquisite new businesses
4. The company has a professional management team
5. New businesses will enable the company to grow bigger
These all are we, shareholders are looking forward to. Cheers all
Looking forward for the EGM on 1/9, with the success of the company’s business transition and profit guarantee of the new businesses, the company’s EPS and NTA will definitely have positive growth
XL this morning 9am EGM has passed 200M cash inject for new businesses. Meaning company successfully transform business and got good future since is profit guarantee
The company has acquired new businesses with profit guarantee, the EPS is definitely going up with mother share. I just bought 20 WA in the morning because invest WA meaning company's future is good.
I m happy to see the announcement today. Smart investors will know the real major shareholder show up and already inject money into the company with RCN (200 M cash) and diversify businesses
there is no "major investor". This is the point they used convertible debt. If got real investor do you think he will immediately convert the debt notes into shares straight after receiving the notes?? they are going to sell these shares in open market to get back their money. At the end, the operator will lure us small fishes with their fake buy queues to mop up all these new shares. What "major investor" would want to hold shares of a fruit farming/cow farming company? alot of money can make??
Weng Tat, do you know how corporate game work? Let me tell you that the company announces that off market will buy 40% to 50% at a low price about 0.6. Then ask Kenanga IB will push it up and sell at average price of about 1.80. Press it down and buy back more than 40% of control.
I can tell you the entire listing status doesn't need money. You’re an idiot who doesn’t know how to do math
Razak, who do you think Kenanga is? push up share price for company? do you even know what SC will do to Kenanga if this type of market manipulation is caught? they will lose their bank license.
Why would Kenanga even take the risk with this type of foolish game? you're an idiot who doesnt have logic
Bodoh Weng Tat, no need act like u didn't know the Boleh culture here. Read about latest news about Johor police caught 16 scammers? Boleh until they easily walk out the court. Hahaha so u such a scammer want invest but afraid sell low
Weng Tat u such scammer, said so much bullsht what SC will catch la.. dunno act like know. just want to scare ppl sell low for u
stupid Weng Tat, everyone know companies in this country got hire "specialist" to maintain market price. No business also can limit up, u know what is Boleh?
call me stupid or bodoh all you want huhuhu I just hope you all were "smart" enough to have taken your profits before your "specialist" makan you all la huhuhu! I love how you think you understand operators and think they are here to help YOU make money. Don't get trapped "smart" people of Bursa
I support Trio Color, glad to see Mr Ng Min Lin bring in the major shareholder at current 14.775% shares. Is a start of company transformation, we all can see the QR on 28/9 already know. First new business already got record high, following will have 4 new businesses coming in. I believe this only make the every QR better. I'll hold this shares haha
@shareholder i think you need to check back when did Trio Color first posted about XL, it was way before the first pump, you were not even here, and now u come and disturb after it drop, you are annoying
@shareholder please tell us why are you hating on XL and pay attention on XL so much if you are not an investor of XL, what benefits do you get by commenting badly on something you are not interested in at all
min lin ng my boss name ng min lin ..r u ng min lin or ng min ling?maybe i can chg name soon be like boss...btw congrats those follow ur post tp rm9.0..big clap for u
I sold Q sell some on 14/9 and all the way to the high price. I sold 65% of the quantity. I got cash over here. Now it’s time to buy when is low. You can go find your BOSS to see the transaction list.
I agree very much with TRIO COLOR’s investment rules. Sell when the price is high and when the trading volume is large, and buy when the price is low and the volume is quiet. He is really calm and patient investor
Good morning Zack, basically I will still be doing like this, when I buy, I will Q buy all the way down.
Example today Q buy at $0.67 for 2 lots, $0.665 for 4 lots, every subsequent price below just double lot size. So if operator press down the price I also get to buy, and can buy even more.
Hope investors can understand my rule of investment, never place your order at single price tag.