NWP (5025) NWP HOLDINGS BERHAD - WILL THIS RIVALRY PUSH THE SHARE PRICE UP FURTHER ???
NWP HOLDINGS BERHAD
(NWP - Stock Code 5025, Industrial Products and
Services, Main Market)
http://www.nwp.com.my/
NWP closed last Friday at 0.170 for a 2.5 cts gain with substantially higher than daily average volume of 11.545 million shares traded.
52-Week Range : 0.030 – 0.230
After reading the news related to BOARDROOM TUSSLE, SHAREHOLDERS FIGHT, AND POSSIBLE HOSTILE TAKEOVER, I AM OF THE OPINION THAT THE RIVALRY BETWEEN “INTERESTED PARTIES” TO CONTINUE WITH THE FEUDING PARTIES RACING TO BUY MORE SHARES IN ORDER TO STAY AFLOAT. THUS, THERE SHOULD BE A SITUATION OF DEMEND & SUPPLY WHEREBY THE RIVAL PARTIES WILL COLLECTED MORE SHARES FROM THE MARKET.
INIX, for example, shot up from about 0.050 to a high of 0.890 in a short period of 2 months possibly due to the rivalry.
LETS SEE HOW NWP WILL FARE IN THIS COMING DAYS
Related News :
Shareholder fights at Inix, NWP and APFT said to be linked
TheEdge Tue, Aug 04, 2020
A feud involving shareholders in at least three publicly traded companies is understood to be going on, with legal claims and notices to remove directors and civil suits being filed.
The three companies involved are security systems outfit Inix Technologies Holdings Bhd, timber products manufacturer NWP Holdings Bhd and flight training academy operator APFT Bhd. Trading of shares in APFT is currently suspended.
https://www.klsescreener.com/v2/news/view/710389
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Author: wealthstudio | Publish date: Thu, 6 Aug 2020, 7:14 AM
https://klse.i3investor.com/blogs/wealthstudio/2020-08-06-story-h1511556677-NWP_5025_Takeover_by_rival_groups_Price_to_go_up_by_62.jsp
BASIC INFORMATION ABOUT NWP
NWP core business:
i) Manufacturing & Selling of timber & timber products
ii) Provision of kiln drying services
iii) Logging Segment :Logging Contracting & provision forest management services
iv) Construction & Development Segment: Provision of Construction, Development & related services
v) Agriculture Segment : Nurturing of biological assets
vi) Investment & Other Segment : investment holding and sale of ice blocks. It offers various products, such as Moulded Timber Products (interior & exterior), Air Dried/Kiln Dried Sawn Timber and Veneer Roll & Veneer Wrapping. The Company also offers various services, such as Kiln Drying (KD), Timber Treatment and Contract-Logging.
Market Capitalization : RM 48.6 million
Shares Float : 313.56 million
Disclaimer:
This writing is based on my own assumptions and estimations. It is strictly for sharing purpose, not a buy or sell call of the company and the contents of this report should not be considered as professional financial investment advises or buy/sell recommendations. I strongly encourage you to do your own research and take independent financial advice from a professional before you proceed to invest.
I make no representations as to the accuracy, completeness, correctness, suitability, or validity of any information on my report and will not be liable for any errors, omissions, or delay in this information or any losses and damages arising from its display or usage. All users should read the posts and analysis the information at their own risk and we shall not be held liable for any losses and damages.
REGARDS
BURSAMASTER
https://klse.i3investor.com/blogs/Bursa_Master/2020-08-23-story-h1512482925-WILL_THIS_RIVALRY_PUSH_THE_SHARE_PRICE_UP_FURTHER.jsp
