Highlights
KLSE : NICORP       NAIM INDAH CORPORATION BHD
Last Price Today's Change   Day's Range   Trading Volume
0.12   0.00 (0.00%)  0.00 - 0.00  0

Overview

Board:Main Market
Sector:Trading/Services
Avg Volume (4 weeks):6,884,080
4 Weeks Range:0.115 - 0.14
52 Weeks Range:0.10 - 0.145
Average Price Target:0.58
Price Target Upside/Downside:+0.46
View Price Target Detail

Headlines

Latest Headlines
30/10/2014  Nicorp - Throttle Forward
19/09/2014  Nicorp - Raging Oils

  12 people like this.
 
bonescythe big thing brewing
10/11/2014 10:11
BuLLRam lai lai laiiiiiiii aaaarrrrrrr....
10/11/2014 10:50
kengteck68 recap:
Nicorp, currently with a market capitalization of RM 96 million and 772 million shares issued will definitely be a good vehicle to be RTO for a quick listing and business expansion through raising funds from the public. A similar example will see Symphony House Berhad (Symphny -0016) which had 660 millions of shares and a market capitalization of RM 125 million is a RTO target by Ranhill.

While Nicorp foray directly into the oil and gas sector might still be vague now, the possibilities of Nicorp being linked up with Alltrust International Group to provide services or equipment that caters to the oil and gas sector is still a good possibility to be eyed upon after seeing a huge stake up by Dato Siaw Swee Hin.

Nicorp will be a good company to be looked at for the time being as more corporate exercise, restructuring is going to unfold. The current entry of Nicorp is deem attractive due to
- Private placement at RM 0.12 fully subsribed
- Increase of stakes by Dato Siaw Swee Hin, with majority purchase price at RM 0.125
- Ceasing of Dato Raymond Chan as the substantial shareholder and CEO of Nicorp
- Appointment of Dato Abdel Aziz as the Chairman of Nicorp
- Appointment of Cheang Soon Siang as the executive director of the company. Mr Cheang is experienced in handling cash flow, working capital management and restructuring and recovery of credit facilities for corporate.
- High Speculation of Nicorp as a RTO target, with Alltrust International Group as potential target.

Nicorp should be looking to trade stronger in the coming days with more corporate development unfolding one by one. A quick outlook will place Nicorp testing at RM 0.15, while a longer term outlook might suggest Nicorp putting RM 0.30 to test.
14/11/2014 08:47
getrich facts and fundamental looks good..but see the price still aint moving... puzzled
17/11/2014 10:50
yaofong new managing director, interested to see what will be coming...is going into oil & gas real?
18/11/2014 23:06
noorgreen keep and sabar..will reward u handsomely :)
19/11/2014 01:54
AhSook AhKou So active that no one trade !!!
19/11/2014 09:39
PaperBag Announcement laaa.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1799569
21/11/2014 09:54
Hotrod Party is about to start.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1801401
21/11/2014 21:38
bryan_x00 last chance before vroooom?
21/11/2014 21:57


 

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