Notion VTec Bhd’s executive chairman Thoo Chow Fah has been stepping up the purchase of the company’s shares and warrants of late.
Since Aug 10 2010, Thoo indirectly acquired 500,000 units of Notion shares for less than RM1 million, at prices ranging between RM1.85 and RM1.90, through his wife, Choo Wai Sook. He also purchased an additional 1.98 million warrants, also through his spouse, based on filings with Bursa Malaysia Securities. This brings Thoo’s direct and indirect interest in the company to 9.82% as at Aug 13, 2010.
Notion’s management may be taking advantage of the recent share price dip to raise their stake. Possibly, they could forsee it rising in the future. The move was a positive indication of the management’s confidence in the company and may mean that Notion was working on resolving the issues from its base plate project.
The Samsung 2.5” base plate project was of paramount importance. Notion’s reputation hinges on the Samsung 2.5” base plate project. Successful execution will put earnings back on track and see investors’ confidence regained.
Failure will raise doubt over Notion’s ability to secure and execute new projects. It is a make or break by March 2011. Moreover, Notion had indicated that it would drop the Samsung project if it failed to deliver the product up to the required standard by then.
As such, it will scale down its capex plans to RM30 million for FY11 (from RM100 million), dedicated to its Thai project (RM10 million) and camera segment expansion plans (RM20m).
历史不应该偏颇!
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你不敢想象有些国家在历史教育课本上,为了迷惑人民什么都敢寫,
1) 韓国在历史课本述说有五至八千年的文化,原来他们把神话故事的传说当是祖先,大家可从网上瞭解一下。
2) 日本把二战期间侵略的历史也从未在他们的历史書上出现过,还把战犯供起来参拜。
以此类推,中国把神话故事的人物搬出来,什么万年天帝、千年老妖、道尊、...
52 minutes ago
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