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1835 comment(s). Last comment by tc88 at Mar 19, 2015 11:50 AM
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pumas
89 posts

Posted by pumas > Aug 16, 2014 03:35 PM | Report Abuse

sampool...the agreement was signed last year but the announcement was on 15 August 2014...cant you read!!??


Enchow Oi
36 posts

Posted by Enchow Oi > Aug 16, 2014 04:35 PM | Report Abuse

ASTRAL SUPREME BERHAD

pumas, here r the original rpt published in bursa...................

ASTRAL SUPREME BERHAD ('ASUPREME' OR 'THE COMPANY')
-Termination of the Joint Venture Agreement between Astral Supreme Construction Sdn Bhd and Zenith PMC Sdn Bhd

Reference is made to the announcement dated 15 August 2013 in respect of the Joint Venture Agreement dated 15 August 2013 ("JVA") between Astral Supreme Construction Sdn Bhd ("ASC"), a wholly-owned subsidiary of the Company and Zenith PMC Sdn Bhd ("ZP") to jointly manage, perform and carry out the Feasibility Studies and Detailed Design Stage of the project known as "Projek Pembinaan Jalan-jalan Utama dan Terowong di Pulau Pinang", involving the proposed construction of various roads in Penang and an undersea tunnel between Penang Island and Seberang Perai ("the Project").

The Board wishes to announce that ZP vide its letter dated 11 July 2014 had declined ASC's appeal to defer the implementation of the JVA until November 2014 due to unreasonable delay which is in breach of clause 10.1 of the JVA which states that the works shall be completed within thirty (30) months from the date of JVA. Further, clause 12.4 of the JVA stipulates that time wherever mentioned in the JVA shall be of the essence. ASC failed to remedy the breach within fourteen (14) days from the date of the letter. Accordingly, the JVA was terminated and rendered null and void with immediate effect. With the termination, neither the parties shall have any further claims against each other in respect of the JVA.

The termination will not have any significant effect on the earnings or net assets per share of the Company for the financial year ending 31 December 2014.

This announcement is dated 25 July 2014.


sampool
147 posts

Posted by sampool > Aug 16, 2014 05:18 PM | Report Abuse

"" the JVA as announced on 15 August 2013. ""


pumas
89 posts

Posted by pumas > Aug 16, 2014 05:27 PM | Report Abuse

enchow ...thanks for the info

sampool ... i wasnt talking about the signing of the JVA... i was talking about the cancellation of the JVA that they announce sometime in July 2014...


Enchow Oi
36 posts

Posted by Enchow Oi > Aug 16, 2014 06:50 PM | Report Abuse

it's alright Pumas, wer in same boat


sheep
1422 posts

Posted by sheep > Aug 16, 2014 10:38 PM | Report Abuse

Start of the downfall.....sell on strength or just sell... lousy counter. when up from 11sen.


gila9696
159 posts

Posted by gila9696 > Aug 17, 2014 02:21 PM | Report Abuse

No hope.......RUN


millionairehub
53 posts

Posted by millionairehub > Aug 19, 2014 11:23 PM | Report Abuse

stay steady dont run


sampool
147 posts

Posted by sampool > Aug 20, 2014 02:59 PM | Report Abuse

buy sell buy sell just untung the remiser and stock broker la... sabah la. :))


Enchow Oi
36 posts

Posted by Enchow Oi > Aug 30, 2014 06:04 PM | Report Abuse

this counter will be goreng n up up again


millionairehub
53 posts

Posted by millionairehub > Sep 1, 2014 11:28 PM | Report Abuse

now revenue 16m , profit 870k , margin = 5.43%
lets assume 7070 only get 2 projects (MArch 2014 announced), worthing 102m
that means 102m x 5.43% = 5.5m in two years , 2.8m per year
2.8m per year divided by 289.54m of shares = 1 sen per year EPS

current PE Ratio = 17 times

this is the most conservative estimation

maybe next quarter report the margin higher then the PE will be low


sheep
1422 posts

Posted by sheep > Sep 1, 2014 11:37 PM | Report Abuse

next quarter might make losses....


Enchow Oi
36 posts

Posted by Enchow Oi > Sep 2, 2014 12:09 PM | Report Abuse

good analysis Millionair, with past yr shit cleared, coming qtrs should look good. also don forget the $15.6m recovery.


pengwin
396 posts

Posted by pengwin > Sep 2, 2014 04:14 PM | Report Abuse

On rebound! Buy!


pengwin
396 posts

Posted by pengwin > Sep 2, 2014 04:14 PM | Report Abuse

Entered at 0.17. TP 0.20!


sampool
147 posts

Posted by sampool > Sep 4, 2014 09:02 PM | Report Abuse

how u know?


Enchow Oi
36 posts

Posted by Enchow Oi > Sep 5, 2014 11:41 AM | Report Abuse

possible collecting..............


sampool
147 posts

Posted by sampool > Sep 22, 2014 05:19 PM | Report Abuse

not news....


Garfield
34 posts

Posted by Garfield > Oct 3, 2014 04:00 AM | Report Abuse

sell...


Enchow Oi
36 posts

Posted by Enchow Oi > Oct 3, 2014 04:16 PM | Report Abuse

Disposal in dormany asset for $$$$$. Bursa news
"DISPOSAL OF 100% EQUITY INTEREST IN ASTRAL-GMO FOR A TOTAL CASH CONSIDERATION OF RM500,000.00. Astral-GMO has been dormant since 2009 and the proceed will be used as additional working capital for ASupreme"


Enchow Oi
36 posts

Posted by Enchow Oi > Oct 30, 2014 11:46 AM | Report Abuse

Some positive news from Asu..................(KL High Court Suit)

"The BOD of ASupreme wishes to announce that following the Defendant's failure to enter appearance, the Company has obtained judgement against him from the Court that the Defendant has to pay to the Plaintiff as follows:-
1. A Sum of RM15,506,000-00;
4. Interest at the rate of 5% pa on RM15,506,000-00 from the date of judgment till full settlement; and
5. Costs of RM1,850.00"


Enchow Oi
36 posts

Posted by Enchow Oi > Nov 10, 2014 04:34 PM | Report Abuse

Asuprem is coming ???? it is now 0.17


sheep
1422 posts

Posted by sheep > Nov 10, 2014 04:39 PM | Report Abuse

par value reduction and many others...can buy?


logitrader
2474 posts

Posted by logitrader > Nov 27, 2014 11:25 AM | Report Abuse

http://www.klse.my/financial/quarterResult/YoY/quarter/7070/30-Sep-2014.jsp


wateveritis
17 posts

Posted by wateveritis > Jan 22, 2015 03:37 PM | Report Abuse

is there good news coming soon?


stainlyho37
550 posts

Posted by stainlyho37 > Jan 23, 2015 02:35 PM | Report Abuse

yup..some rumours on now...may good to accumulate at this moment.....


stainlyho37
550 posts

Posted by stainlyho37 > Jan 26, 2015 09:18 AM | Report Abuse

still waiting for volume....


logitrader
2474 posts

Posted by logitrader > Feb 11, 2015 07:38 PM | Report Abuse

http://www.klse.my/stock/insider/director/all/7070.jsp


logitrader
2474 posts

Posted by logitrader > Feb 12, 2015 11:02 PM | Report Abuse

http://www.klse.my/financial/quarterResult/YoY/quarter/7070/31-Dec-2014.jsp


kllady_fidah
548 posts

Posted by kllady_fidah > Feb 23, 2015 05:27 PM | Report Abuse

buy now........rumor will start surfacing soon


wateveritis
17 posts

Posted by wateveritis > Mar 3, 2015 10:11 AM | Report Abuse

how soon is soon? 1 month, 3 months or 1 year?


kllady_fidah
548 posts

Posted by kllady_fidah > Mar 4, 2015 11:10 PM | Report Abuse

By raya was told.....accumulate on weaknes


tc88
35 posts

Posted by tc88 > Mar 18, 2015 06:54 PM | Report Abuse

Loaded RM30k some more for asuprem at RM0.16............buy b4 too late......will spike to RM0.18 end of this month.............any1 buying here???


born2bking
166 posts

Posted by born2bking > Mar 19, 2015 02:12 AM | Report Abuse

already rumor is out.. tauke will goreng up till 0.30


tc88
35 posts

Posted by tc88 > Mar 19, 2015 11:50 AM | Report Abuse

Hope can buy RM30k somemore today...........buy b4 too late...............

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