cheng

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Stocks that are loved will be priced accordingly; Stocks that are hated will tripled tomorrow.

Joined Dec 2017

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Yup, no DBTs due to mtrl announcements. Should be lifted after that.
10 hours · translate
the team with 25% shareholdings can block any special resolutions.
10 hours · translate
no idea what they are doing :) One thing that is obvious is that Plabs team doesnt have min 25% shareholdings to block the EGM and hence attempting to use court orders. If they have it, they will be able to block any special resolutions based on listing requirements but they dont have it. As Is, Datuk Loh, Datin and Mr. Bu has close to 23% if not mistaken.
10 hours · translate
Tough question, lim. EGM is to remove the existing Plabs directors while price up and down depending on supply and demand. The buying force seems to be aligned with Datuk Loh/ToT; probably to take control of the company. Doubt court orders stopping EGM will be able to stop the buying force. Its much easier to control our own positions. Personally, this is the first time I am experiencing such hostile rto situation. Hence, decided to hold free tickets to minimize the risk and unforeseen circumstances with the involvement of authorities.
12 hours · translate
can ask in the AGM on the business look ahead for the next 3 to 5 years, their current machine utilizations and Plant 4 progress. Additionally, there seems to be synergy in terms of nature of business for sfptech with RPM group. Will be good if the board can provide the progress of the due diligence and potential contributions to Sfptech apart from exposure to developed market such as Korea and US. Best to hear it directly from the board. I am sure there will be lots of questions in the upcoming AGM which is held onsite at Plant 3 itself. Funds/insti have access to the board while retail investors gets to meet them once a year during AGM.
12 hours · translate
illiquid stock, kc. can swing high/low.
13 hours · translate
Plabs team resorted to court orders to block EGM. It will be interesting to see whether court will approve the request to block the EGM
13 hours · translate
chill, bro. Feedback is a gift. Its a learning opportunity. Dont need to mark your words bcos it is a public commentary space and anyone can comment anything :)
13 hours · translate
ermm, -ve inventory making it profit? I like your confidence, Michael :)
13 hours · translate
yes, Steven. its back to norm especially the sga. Looking really good. Hopefully market dont gapped up too much :) the next steps will be to maintain sga ~ 6mil per qtr and timely collections of receivables from operations perspectives.
13 hours · translate
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