Thursday, June 20, 2013

MaeMode Defaults Its Loan Payments And Enters PN17

Just got this:
Yeah, I saw that and I see it's highlighted on the Edge also. http://www.theedgemalaysia.com/business-news/242712-malaysian-ae-models-defaults-on-loan-payment-.html

With that default, MaeMode is now a PN17 stock. PRACTICE NOTE 17 / GUIDANCE NOTE 3:FIRST ANNOUNCEMENT 

Anyway, I am not a bit surprised at all.

My last posting on MaeMode was on 2nd May. Time's Almost Up For MaeMode


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4 comments:

  1. random10:00 AM

    Yup thought of you when I heard of Maemode,

    Nice to see you posting updates, hope you are well

    ReplyDelete
  2. Moolah10:21 AM

    That's nice of you.

    I am well.

    ReplyDelete
  3. newbie9:03 PM

    Dear Moolah, Did you notice the sharp fall in a number of stocks today?Stocks like BJTOTO,BKAWAN,TDM,CBIP and COASTAL plunged near the end of the session.Remembered you wrote about a similar subject some time ago.Any conspiracy theories behind such fall?Spooked quite a number of people.Thanks for your time reading this.

    ReplyDelete
  4. panaceaasia8:42 AM

    Dear Moolah,

    You are so right about Maemode. You saved a few investors who might have fallen into that trap.

    Any other landlmines like Maemode?

    ReplyDelete