THERE several reasons why, the NexG Bhd shares aren't trail blazing the stock market, nor has the intrigue of top heavy names excited market punters.
I will list out two reasons, with the second one being the banger, which has nailed NexG to the ground.
THE first reason is the market is very fearful in riding with the Victor Chin Boon Long Group,, having witnessed over the past 12 months MMAG Bhd shares sky rocket , only to humpty dumpty its way to a near limit down beating in a single session .
The same thing happened to Nexg Bhd. THE frequency in which the shares nearing limit down range in single sessions, raises governance issues as well as justifiable assumption, that the financial standing of the Chib Boon long Group is not what it once was.
MARGIN calls seem to hit the Chin Boon Long Group in one fell swoop, leaving retail players to short of a time to react
What's the colour tempting fate? It is the colour of money. Investors have wised up
that it doesn't really matter if a company has billions of Ringgit worth of contracts
IT really means nothing to investors, if a a formerly good dividend paymaster like NexG , is flushed with jobs, but for some reason, have stopped in the current year to reward shareholders their usual dividend vitamins
