Please Click LIKE to like my FACEBOOK blog. Thanks for support

Follow by Email

Wednesday, September 9, 2020

NGGB, enjoy; don't say i didn't tell you

Many wish to buy stocks now, but afraid buying at the tail end of a bull run, suffer losses and cannot recover. Then please take a look at NGGB, excitement to start in 2021, but remember, prices sometimes move before the actual profits.

Turning oil palm FFB waste into paper, reduce cutting of trees. 

12,000MT, but delayed to Q1 due to covid.

410 acres of land, more phases will be coming. As per annual report and website, they can make different types of paper.

As announced, they also developing and sell properties.


Advance phases.

Further to the announcement made on 10 October 2019, the Board of Directors of the Company wishes to announce that the Company, IHI Corporation and Nomura Holdings, Inc. (“Parties”) are still in the midst of carrying out the feasibility study on the development of a 30-megawatt Biomass Power Plant, Alkaline Recovery Plant and wastewater treatment plant for the Company’s Green Technology Park Pahang as well as the projects in Negeri Sembilan and Sarawak and also discussion on the collaboration structure including but not limited to establishment of a joint venture arrangement and terms of the definitive agreement. The Memorandum of Understanding has been extended for another one (1) year.

This announcement is dated 10 January 2020. Bursa Malaysia


Substantial shareholder was buying, as per announcement.

Wanted to gather more info to post, but saw the price started moving lately. RM0.455


Just sleep on it and wait.

Enjoy.








No comments:

Post a Comment

Followers

Disclaimer

Disclaimer Clause
The information contained in this blog is my personal diary and has been prepared solely for myself. Without any previous reading material or discussion, by just reading my blog contents, reader may misunderstand the contents.
All the contents I am talking to myself and most contents are hypothetical or imaginary. I REPEAT !!! most contents are hypothetical or imaginary!!!!!
This blog has been compiled in good faith, with no intention to cause hurt, loss, or any trouble. No representation is (either express or implied) as to the completeness or accuracy of the information it contains.
This blog also is not an advice, recommendation or an invitation to buy or sell or invest in anything, eg shares, futures, derivatives, gold, etc. Consult your investment adviser before making any decisions.
The copyright of the material contained in my blog remains solely with me. You shall not copy, reproduce and / or distribute this information without my permission.