Gold Investment Update – April 17, 2025: Navigating Record Highs Amid
Tariff Turmoil
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As of April 17, 2025, gold prices have surged to a new record high of
$3,357.40 per troy ounce, driven by escalating trade tensions and investor
concer...
2 months ago
4 comments:
Hi,
MRCB proposes rights issue; *Will MRCB still bullish to RM1.60?
Thanks
Kit
Hi Kit
MRCB plans to undertake a renounceable rights issue to raise up to RM566 million, of which RM380 million would be used as capital expenditure for future expansion so the extra cash may channel to push up the share when they feel need to speculative the share.
I think likely the money will use to push up the share price to RM1.60
Dear Sir,
Advisable to go in at the current price RM 1.32? Thanks
Kit
Hi,
I personally think it is a good entry price but I prefer buy warrant to get maximum profit if MRCB really bound up. However this type of share still in high risk investment.
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