Addvalue Tech    Last:0.167   -

Addvalue Tech

Not much background on the new substantial shareholder though.
" The Subscriber is a company limited by shares incorporated in Singapore , the issued share capital of which is currently 100% held by Mr. Bambang Sugeng Kajairi. The Subscriber is established to acquire or invest, directly or indirectly, in technology-based assets and undertakings and the initial key investor will be a limited partnership fund which is expected to be advised out of Hong Kong."
 

SmallSmall      ( Date: 18-Dec-2019 08:37) Posted: This is not just a normal placement. It involves a strategic stake of 27% (on completion) which will make the new shareholder a controlling shareholder !  Chiong Ah ! Justice888      ( Date: 17-Dec-2019 23:36) Posted: The money from the placement just nice to pay off the borrowings . 👍

 

This is not just a normal placement. It involves a strategic stake of 27% (on completion) which will make the new shareholder a controlling shareholder ! 
Chiong Ah !

Justice888      ( Date: 17-Dec-2019 23:36) Posted: The money from the placement just nice to pay off the borrowings . 👍 SmallSmall      ( Date: 16-Dec-2019 21:23) Posted: Big placement of 266,666,600 @ $0.0225 followed by a further option to purchase 444,444,400 @ $0.0225 to a single investor. $6mil and $10 mil going into the company assuming all shares and options subscribed and the investor will end up as a controlling shareholder holding about 25% of Addvalue. Investor probably saw Addvalue at an inflexion point to take such a gamble. Buy to ride the waves !

 

The money from the placement just nice to pay off the borrowings . 👍

SmallSmall      ( Date: 16-Dec-2019 21:23) Posted: Big placement of 266,666,600 @ $0.0225 followed by a further option to purchase 444,444,400 @ $0.0225 to a single investor. $6mil and $10 mil going into the company assuming all shares and options subscribed and the investor will end up as a controlling shareholder holding about 25% of Addvalue. Investor probably saw Addvalue at an inflexion point to take such a gamble. Buy to ride the waves !

 

totally agrees. when a fund (which is specialised in acquring technology based asset) , potentially commited to a 27 pct shareholding interest in Addvalue, i would say it is the pivotal point for Addvalue. The buyer foresee  values and potential development that we d' ont see. Of course, throughout the years, times and times, investors actually get sick with the boastful announcments from the management, hopefully this time round ,things will be different. (judging from its recent business development and the fact that the tech fund is buying just short of 30 pct trigger point). the NTA also pretty high at USD 0.32 Cents with total conversions of all  loans.   Will Addvalue spike up to 5 cents? God will know.

 

Big placement of 266,666,600 @ $0.0225 followed by a further option to purchase 444,444,400 @ $0.0225 to a single investor. $6mil and $10 mil going into the company assuming all shares and options subscribed and the investor will end up as a controlling shareholder holding about 25% of Addvalue.
Investor probably saw Addvalue at an inflexion point to take such a gamble. Buy to ride the waves !

 

Addvalue like secured a potential contract from US on their latest GPS innovations

 

Halted. Good news I guess.

 

Moving :)

 

all indicators turning up, 
Be patience and win the game

 

today volume increased, Bullish flag 
hope it can close at 27 or higher 
then TMR can chiong higher 

 

Moving :)

 

Beginning to like this stock. Price is still low vis-a-vis the potentials it holds. Only thing bad about this company is too much talk by the CEO whilst he himself is not buying the shares. Maybe this round it' s different? haha

 

Dropped from 0.04, still a long way to go.....

 

To be continued.....

 

CHIONG ARH 26

 

lai lai show us 30

 

Go go go !!!

 

CHIONG Arh...business model same like G INVACOM..2020 turnabout year...why not..

 

something is happening today...OH MY ADDVALTECH...

 

making a comeback today?