|Last Price ||Today's Change || Day's Range || Trading Volume |
|0.72 || 0.00 (0.00%) || 0.00 - 0.00 || 0 |
|Market Cap: || 454 Million |
|NOSH: || 630 Million |
|P/E | EY: || -16.58 | -6.03% |
|DY | Payout %: || 0.00% | - % |
|NAPS | P/NAPS: || 0.0 | 0.00 |
|Avg Volume (4 weeks):||0|
|52 Weeks Range:||0.67 - 0.72|
|Average Price Target:||-|
speakup why Cliq not yet delisted? 3 year timeframe long over alraedy.
callme777 The stock delisted?
TheContrarian Bursa saham dare not delist. Even SC got sued.
TheContrarian Appeal court hearing fixed in September. I don't think liquidators dare to return trust money because they can get sued.
Ae Doh the longer the delay in returning the money to shareholders the longer the directors get paid with big fat salary (shareholders money ma). Sona is coming to that tricks as well
derrickinvestor aiya... cliq is very hard to die one.. like hydra...
hlt1110 what can we do abt it? still need to hold this stock for how long?
TheContrarian You can't do anything because even SC and Bursa are afraid. Nobody wants to be liquidator now because can get sued by Best Oracles. What I did was sold off all my Cliq shares at 69 sen months ago.
lse2016 why is the distribution 73 sen for cliq? from what i understand, promoters cannot participate in the liquidation. so now there is 360.4 million in the trust account, 504752720 shares(this excludes those held by promoters)....so the distribution shud be 71.5 sen per share. why is it 73sen per share? where have i gone wrong?
lse2016 or is it actually 71.5 sen per share and so the underpricing is just very little....
Kareemabduljabbar You need to take out Initial Investors and also the Promoter block.
lse2016 yes there are 631009390 shares. promoters and initial investors hold 20%. which means excluding them, there are 504807512 shares....and don't we use this figure?
360.4 million / 504807512 = 71.4 sen per share.
count again guys....if this calculation is correct than no such thing as 73sen !
lse2016 btw...the earlier figure i used for number of shares was different because of some roundings i made. but the 504807512 figure is correct.
Kareemabduljabbar Your denominator incorrect. Please read the prospectus as to who and whom qualifies for the Trust money.
speakup why is cliq directors still collecting directors fees????
NorthSpring11 Do not know why they dare to ask for director's fees ? why need to pay to them ? pay for them to pay for their lawyer fees to fight for against winding up. A group of rubbish directors.
NorthSpring11 If no money to survive, please go to look for a job, dont like a beggar to ask for free money.
Kareemabduljabbar I believe from what I read in the Bursa disclosure and also the newspapers that the board consists of independent directors and the directors who are conflicted. The conflicted directors are the original promoters who have sued the SC and been frustrating the liquidation. The independent directors been doing their job for a full and quick liquidation. If you angry your money is stuck, you should target the culprits and not the entire Board.
NorthSpring11 You are right,It should be just the "best Oracles" rubbish.
TheContrarian Shareholders can move a motion to sack those directors. All you need is a simple majority.
DK66 Resolution 1 failed, resolution 3 passed, and resolution 2 withdrawn.
Kareemabduljabbar I am confused. Who on the Board is delaying the Liquidation, and were these people penalized Who is working hard for a quick Liquidation, and were these people encouraged / rewarded ?
DK66 I suppose this is called "collateral damage" as Siva Kumar called for NO VOTE as a show of shareholders' wish for money to be returned.
DK66 I don't think the intention of the shareholders is to deprive the directors of their fees.
Kareemabduljabbar Very confused. Didn't shareholders vote to penalize the very same people who working hard day in and day out for a faster liquidation ? Sounds silly no ?
Kareemabduljabbar The shareholder can express their views in so many other ways more so a substantial shareholder like jaya kumar. He could have proposed a resolution. He didn't.
DK66 I m confused too. Perhaps you are right. The poll results just simply showed that the shareholders aren't happy with the directors' effort, not good enough.
DK66 Anyone knows the outcome of the court of appeal hearing for JR today ?
TheContrarian Not yet, court will only sit on Monday to give approval.
TheContrarian Up because Lanka buying. He sold his Reach.
TheContrarian Told you court only sits tomorrow to deliver judgement on appointment of liquidator.
sorry interupt here team
TheContrarian can ask whether do you follow CCM ah ?
CHEMICAL COMPANY OF MALAYSIA
Angielim9955 TheContrarian is ok noted
Squirtle Best oracle sohai
60 over % say no still want to appeal
Appeal kok meh
TheContrarian I think Best Oracle trying to get a stay and liquidator now scared to accept appointment because Best Oracle will sue.
taitaumau Expected distribution to entitled shareholders
Trust Monies = 362.8 M (as at 27.9.16)
Entitled shares = 484.7523 M
First distribution per share = 0.7484 x 98%
not later than 30 days from the date of obtaining the sealed copy of the Order
probably before end of october 2016
the balance 2% of the monies to Entitled Shareholders within one year from the First Distribution after deducting direct expenses related to the liquidation distribution and obtaining tax clearance.
sold my cliq too early
rookieinvestor1 Hi all, am totally new to SPACs. Can someone please tell me how does the liquidation process work? Once the liquidation of the company is through, investors will automatically get their money back without having to do anything? Is that how it works?
xatomic when is this going to be completed and cash returned to shareholders?
phyroxus when I can get my money back!!!
verbatin1969 got a email from my bank. money is in :)
We wish to inform you that the below net dividend due to you will be paid to your designated Bank Account as follows:
DIVIDEND CLIQ ENERGY BERHAD
DIVIDEND TYPE : INTERIM LIQUIDATION DISTRIBUTION DIVIDEND
ENTITLEMENT DATE : October 07, 2016
BANK ACCOUNT NO. : XXXXXXXXXX
BENEFICIARY BANK : XXXX Bank
PAYMENT AMOUNT : RM 29,320.00
PAYMENT DATE : November 14, 2016
REF. NO. : XXXXXXXXXX
The crediting of monies to your account will be subject to final clearance by the Clearing House & Beneficiary Bank. Should you have not received the payment in time, please contact the Share Registrar accordingly.
This is a system generated email. Please do not reply to it.
phyroxus I also get back. :)