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KCWC

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News No 2 - AGM 28 June 2024 - Both SunHuiFeng & ZhangFuWei to seek relection even after 9 years....

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KCWC

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News No 1 - Change of Directors. Entry of Mr Chiang Kai Ming, a PE M&A subject matter. This should be interesting in turning around the company through M&As.

1 week · translate ·

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KCWC

it's definitely good, previous mgmt may have failed to turn the business around

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Frankie Chew

Appointment of Mr Chiang this time around most likely they have got the real estate certificate on hand

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KCWC

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by mid to end of April, company will announce progress and updates - annual report, real estates, new shareholders, new business and new directions... like Minetech, this will follow through...

4 weeks · translate ·

Frankie Chew

Still patiently waiting

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KCWC

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wow, today got ppl placed out 1.5m shares at 0.04cents

1 month · translate ·

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KCWC

I think it's from the founder from China, placing out to new investors/shareholders

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Frankie Chew

I don't think so volume not much might be impatient shareholders. If from the founder they need to disclose unless from their proxies. From their latest quarterly report they are confident about the transfer compare to previous announcement.

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KCWC

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Let's review and analyze Q4 numbers and report tomorrow.

2 months · translate ·

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Frankie Chew

Your meaning is that sell asset raise cash for the coming real big thing

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KCWC

it's a good question to raise...

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KCWC

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Seems like the Management is confident that the transfer of the property is in ORDERLY progress this time..... by April 2024, it will be significant.

2 months · translate ·

Frankie Chew

Only the insides know until now not much information from the management. The good news is the real estate in valuation stage so this is quite interesting

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KCWC

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From January 2024 onwards, total volume of 28m shares transacted, this equals to about 4% of the total shares 668m. By April 2024, we should be able to see new shareholders in the registrar ....

2 months · translate ·

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KCWC

yeah, when the placement of shares at 0.045 runs out, investors will eventually grab and chase higher

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Frankie Chew

wondering who support the price?

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KCWC

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Those bought today is lucky because still got shareholders willing to placed out shares at 0.045cents. Maybe need cash for CNY.. tapering off some shareholdings.... when its available, buy some, 1m shares is only 45k. 5x means you get a free toyota camry + capital back later. Enjoy.

2 months · translate ·

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KCWC

you need to place out sufficient shares so that an eventual rise could happen

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Frankie Chew

Well absord hopefully by next month

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KCWC

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Those followed me back in 2020/2021 made millions... this time we will make the same, if not more
Will share more information as we move into 2024.... BUT first, please load up some at 0.045cents, its cheap for a 30M counter with a upside potential of RM158m before its too late. There is a 5x gap up not many is able to see.

3 months · translate ·

Previous replies (1)

KCWC

if you manage to buy 1m shares at 0.045, why not?