
AGM today to approve 3 for 1 right issue. Chong aah.......
Good news!
The proposed rights issue (3 rights for every 1 at $0.015 each, offered at a huge discount to the current market price) will strengthen Ntegrator financially and make it a much more liquid penny stock.
Cheers & vested.
Their recent financials was abit low compared to last year but it is not Ntegrator that rise up. Basically those in the 10-20 cents range stocks are rising up. LeeMetal, PTCL, KingSW, MITech,Memtech,Zagro, Teck Wah etc etc etc are all rising up. Did I see a bull market coming up for pennies stock?
Hulumas predict a pennies year and seem to be true to a certain extent. Look at UOB Sesdaq the indices is frightening. I guess investors nowadays like to play small counters. Big counters play sianz already hahahaha.... So catch the wind while you can... some with not much fundamentals will bear the first wave of attack if bear comes along.
Everyday eat shark fin, abalone etc... once a while eat bread dip in milo also can lar... for some is porridge mix with dark sauce can already hehehee.....who knows those ppl may get addicted to new diet :P
Anyone with any idea about the sudden price surge of this counter?
Thanks.
It seems that this is forgotten counter even though it is currently paying a dividend of $0.01 cent and trading at a discount to its book value.
Any comment is appreciated.