tag:blogger.com,1999:blog-17708300.post3415644570359549921..comments2023-10-25T21:25:46.183+08:00Comments on Where is Ze Moola: MaeMode IIIUnknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-17708300.post-60915654928727229532007-08-01T09:41:00.000+08:002007-08-01T09:41:00.000+08:00It would appear much easier to raise money via a p...It would appear much easier to raise money via a private placement rather than collect receivables. :PKPhttps://www.blogger.com/profile/00880941409167375782noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-32146187400748824132007-08-01T09:18:00.000+08:002007-08-01T09:18:00.000+08:00Seng, I was actually holding maemode and sold it b...Seng, I was actually holding maemode and sold it before Alan Voon recommending maemode-wa. Luckily I didn't dive in after reading his article.<BR/><BR/>A couple of months ago he was promoting S**. Since my family is in the furniture retailing business, we received an "insider" information that someone big in the co. was frying the stock with foreigners in 2006. It was during that time the big guy actually sold down his stakes in the co. About a year later the big guy was recollecting the stock at lower prices. Alan Voon actually took this as one of the good signs for holding the warrant of the stock.iamsobloodysickhttps://www.blogger.com/profile/04238212370653647863noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-31169080807555940952007-07-31T14:53:00.000+08:002007-07-31T14:53:00.000+08:00Seng,Many thanks for your kind words. As it is, th...Seng,<BR/><BR/>Many thanks for your kind words. <BR/><BR/>As it is, the numbers shown by MaeMode clearly shows that it does not represent a fantastic company.<BR/><BR/>Hence, from an investing perspective, I would seriously avoid the stock.<BR/><BR/>Btw, I read your latest blog posting. Fantastic write-up!<BR/><BR/>CheersMoolahhttps://www.blogger.com/profile/16837745401820976707noreply@blogger.comtag:blogger.com,1999:blog-17708300.post-17749180933445692562007-07-31T10:55:00.000+08:002007-07-31T10:55:00.000+08:00Dear Moola,An excellent long-term analysis. I agre...Dear Moola,<BR/><BR/>An excellent long-term analysis. I agree the company has warning bell signs written all over it. Long-term investors who wish to sleep soundly at night would do well to avoid this stock.<BR/><BR/>Equally disturbing is a recent article by Alan Voon, the "warrant specialist" promoting MAEMODE-WA to the Star readers on the 14th this month. http://www.biznewsdb.com/english/newspage/newspage1.asp?ID=707148&file1=7&bulan=07&kw=maemode<BR/><BR/>The warrant expires on 19/9/2010, or more than 3 years away. I am not as confident as the equity analysts on what will happen to MAEMODE's business in 3 years time. At best, there is so much uncertainty written all over the projected figures. Worse, we might see a repeat of MEGAN and TRANMIL ... And the problem with MAEMODE-WA is that the chance of losing 100% of one's hard-earned capital is very real by the expiry date, compare to the mother share. The trader's only hope is to find a greater fool who would buy it off them at higher prices. <BR/><BR/>Do keep up the good work!<BR/><BR/>Cheers,<BR/>Seng.Senghttps://www.blogger.com/profile/08265958046623158053noreply@blogger.com