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watch out for mdr
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Newlearner
Veteran |
26-Feb-2015 18:29
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Bro, really fell off the chair when i read the FY report...... 4th quater loss of 7m. Total FY losses of near 11m........ Wa piang....
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gufeng
Senior |
09-Feb-2015 21:29
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Below are their reply and I thought its going to be soon but its since Oct 2014 when i asked. " Yes, we will consolidate the shares once the guidelines are officially released by SGX."
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newbie1688
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08-Feb-2015 23:34
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Thanks for the info, any idea when share consolidation will be?
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gufeng
Senior |
07-Feb-2015 16:52
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Hi Bro, Regards to the share consolidation, I got the news from mDR itself. You can email to their investor contact  [email protected]  if you got any questions. My view at this point why the share price is dropping is mainly due to its profitability and pennies stock sentiments. Yes, their DMS is under competition and mainly causes it to make losses. Only Pixio is helping it to keep the loss respectable. Therefore I am also glad they are expanding in this area...going to aquire colossol media and expansion to Brunei. AMS is also not doing well and I notice quite a substancial drop in earning in this biz. Maybe Samsung is not doing well or more people are buying cheaper phones?!  Myanmar business also is taking its time and we have yet to see any significant earnings. I look forward to the 4th quarter to see if there is any turnaround in earnings and profit. Only returing to profitbility then there is a chance for share price reversal. There is a lot of people that bought at high of 0.018..thats why when price drop they just find someone to blame. But not just mDR price drop, if you look at all the pennies, they are all half died. The biggest shareholder is still holding the share if you do your research and know who he is. 
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Newlearner
Veteran |
07-Feb-2015 13:19
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Hi Gufeng, thx for explaining.
Current situation doesn't look favorable for mDR. As DMS sector seem to be under pressure, while pixio will be affected by recent ringgit weakness. Good point is, company progressively expanding business eg, myanmar which started operation, Joint venture in Malaysia. Need more profitable expanding, the latest report shows they are sitting on 34m cash (correct me if I'm wrong). And u also mentioned mdr will be doing shares consodilation to fulfil the minimum price rule? Mind to share where u got this info from? As I believe many got stuck at higher price in this counter, if really consodilate from 0.5 cts to 20 cts, this will greatly affect many shareholders... I would rather they move to catalist instead... Obviously the share price was badly beaten by the few major shareholders from high of 2cts...
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Newlearner
Veteran |
07-Feb-2015 12:58
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Hi Gufeng, thx for explaining.
For current situation doesn't lol favorable |
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gufeng
Senior |
07-Feb-2015 08:14
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The aquisition of ShenZhen Quanli is in 3 stages. They only completed first stage 1 in 2013 and now is in the stage 2. Final 3rd stage will end in 2016.  I dont believe there will be significant earning until they complete payment in all the stages. http://infopub.sgx.com/FileOpen/Quanli_Acquisition.ashx?App=Announcement& FileID=44484
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Newlearner
Veteran |
07-Feb-2015 00:27
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06-Feb-2015 18:42:38
The Board of Directors (the "Board" ) of mDR Limited (the "Company" and together with its subsidiaries, the "Group" ) wishes to announce that the Group expects to record a net loss for the financial year ended 31 December 2014 ("FY2014") as compared to the corresponding financial year ended 31 December 2013. The expected net loss for FY2014 is mainly attributable to goodwill impairment of certain of its investments, and provision for restructuring costs, slow-moving inventory and doubtful debts. This profit warning is based on a preliminary review of the unaudited financial results of the Group. Further details of the Group's performance will be disclosed when it has finalised its unaudited financial results for FY2014 on or before 26 February 2015. Expected, hopefully already factored in... |
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Newlearner
Veteran |
03-Feb-2015 23:17
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Hi, can anyone advise.
How does the acquisition of Shenzhen quanli leather co actually works? As from the annoucement, it had completed the acquisition, but it doesn't seem to contribute to earning yet, and also the mentioned plans for this acquisition. |
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Newlearner
Veteran |
03-Feb-2015 23:12
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How does the an anyone advise | ||||
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JexxeLivermore
Member |
03-Feb-2015 09:59
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Am glad no more liars appearing here trying to con the rest of the investors. What a shitty thing to do , telling lies on how good this crap counter was! It is all in the price !!! |
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yummygd
Supreme |
29-Dec-2014 11:50
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Okie lor con job lol bye con job. Okie sorry cant help myself. I admit im very free.
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JexxeLivermore
Member |
29-Dec-2014 09:54
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I like to warn others to be aware of any AH still saying this sad counter as good stock.
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yummygd
Supreme |
08-Dec-2014 11:37
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Sorry just check ur posts in sharejunction. Ur fav words r con job. I see... So long.
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yummygd
Supreme |
08-Dec-2014 11:32
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If cant afford dun play.
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yummygd
Supreme |
08-Dec-2014 11:31
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Den why keep niaming if got out? So unhappy.
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JexxeLivermore
Member |
08-Dec-2014 10:40
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Got out a long time Liao. just doing good deed by warning the folks here to lookout and not trust anyone calling out good things for this piece of shit stock.. from 0.018 all the way down here . Same evil buggers sayng it has good fundamental. need to have ge head examine.
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yummygd
Supreme |
24-Nov-2014 09:45
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U should sell if u r unable to hold. Dun feel so bad playing stock market. Btw ur bbs r who? Maybe u should check big directors transactions on Mdr at sgx once in a while. See anything?
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JexxeLivermore
Member |
24-Nov-2014 09:23
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After all the other bs could not hold the price of this con job counter. Trying another route .     
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hmphie
Veteran |
16-Nov-2014 07:33
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Don't bother. Not worth it now.
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