Upon breaking all time high of 1.1, this counter will go even higher ! Brace for a strong rise after Raya

@
MrPauper how can pe30 be conservative in our malaysian environment? For tech stocks especially ones that with a bright prospect, PE 30x is considered conservative especially for a turn-around counter with 4 consecutive profits...!!

Based on latest qtr results and annualise , pat should be at least 7.5m - 9m and assume PE of 30x (very conservative figure}, the company shld be worth 225 to 270m, and given the small paid-up cap of 110m, the share price shld be at least worth 2 to 2.5 !! VIS has already made remarkable profits for the last 4 qtrs

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5468601 tomorrow will fly thru the roof !!

conversion mode : 1 LA + .9 for 1 Atta share

special issue 211 m shares to list tomorrow @.1

REV asked for voluntary suspension on Mon pending a material announcement.. Good news ??

130 mln shares done off-market DBT @.43, total 55.9 mln, think this stock is going for at least .55 to .6 level !!

Tankhaylong do you have the results of postal votes ?

Anybody in the meeting ? Kindly share some insights and happenings, thanks

Tankhaylong are you in the EGM ? Please share some insights, thanks in advance

Actually this time around, the play is only in Warrants, the mother will hover between .68 to .75 whereas the warrants will spike up tremendously if QA is passed and vice-versa

Given the results (208M No vs 53M Yes), the margin is too wide to save unless new developments take place which I think is unlikely in view of the current oil price (US44). The QA is doomed to FAIL albeit how much we hope and pray that it would pass. Let's face the cruel fact and take some remedial measures especially for Warrant holders, let's call a spade, a spade and do not fall for false and forlorn hope !!

Looking at current scenarios : oil is around US44 and most of the oil companies are struggling to keep their heads above water, who wants to put their good monies on asset acquisition that is dwindling in value and commercially risky, or you want a safer bet of cash return ? Given that all banks are avoiding oil companies like plague and their delinquencies (NPL) are piling up, it's a no-brainer for anyone with sound business practice to get involved in this high-risk business. Let's face the truth, the QA will FAIL miserably with a landslide margin !!

No matter how much we wish for the QA to pass, reality is big boys think having the cash back is safer for them for this is what their initial intention is, given that they are yield investors in the first place

RIP Reach, you were born at the right time, but unfortunately you are raised and coming of age at the wrong time and you will take a long good rest...

I attended Sona's EGM, eventhough the Promoters tried very hard to convince shareholders, the results came out a LANDSLIDE FAIL, and in Reach's case, this is a foregone conclusion, the QA will FAIL even while the company is biding time and trying to convince some major shareholders, and for Warrant holders, try to salvage however little remnants that is left !!

Looks like Reach will have the same fate as Sona, better sell all your Warrants while the company is biding time, honestly my gut feeling tells me it will FAIL big time, a landslide NO as per Sona.

The 118mln shares bought off-market by MTD Cap is a DECOY, they deceived us by giving us the false impression that they were going to vote YES, and in the process when the Warrants spiked up, they took advantage to dispose all their Warrants at high price !!

208 mln over votes cast, NOT over total votes, dont make mistake

208 mln over votes cast....

As good as FAIL

Tankhaylong please let us know the number of YES and NO votes,

Tankhaylong Thanks for the update .. Postal votes are much more important than current votes.

Tankhaylong, were the postal votes counted ? thanks in advance

Any body in the meeting ? Kindly provide some insights.... thank you

Kareemabduljabbar, any further news on crossing tmrw ??

Yes private placement can only take place AFTER QA is successful, not before that !!

Does anybody know the conversion price of WB will be reduced accordingly ??

Short-term TP for TekSeng 1.5

With rampant and incessant UMA on any given counters that see even only a small spike in volume and price, it's time for all players to ignore such nonsense and carry on our trading as usual...if you give UMA too many times, you will lose effects and we will be immune to it..!!

Wish that Bursa is reading the thread here

Stupidity bordering on MADNESS : When you are incompetent and ignorant about happenings, act HARSH and UNREASONABLE so that all players (genuine investors and manipulators alike) are wary about you as if you are doing your job well !!

Like some incompetent trigger-happy police in some other countries, if they see some suspicious figures, without bothering to check on them, they just open fire hoping that they have killed the bad guy !!

This is the reason why we lag so far behind : in Jan 1994 BSKL was at all time high of 1300 whereas Dow Jones were at about 3000; 22 years later, DJ is now at 18000; appreciation of 600% whereas BSKL is now at 1650, only appeciates 27% even after taking into consideration the tempering of some components index stocks !!! What a shame !

Its their stupid no-brainer mentality : when they cannot differentiate, impose a BLANKET ban on it to save their sorry arses ..!!

Ruhaizat Talib well said, I concur with you !! The stupid suckers in Bursa cannot tell the difference between SPECULATION and MANIPULATION, where speculation in any market is healthy even in Singapore, Hong Kong, US, Europe etc and involved lots of players whereas manipulation is illegal and only involved a few players manipulating the shares...They are so damn stupid that any stark movements in volumes and price warrant UMA without checking if its the masses that speculate or a few manipulators at play...

Buy and hold : TP .4 !!

Yes, buy and keep...TP is 0.30.....!!

sell all WA and switch to WB !!

sell all your WA and buy WB !!

heard will announce bonus issue soon...!!

aiya side dish ma... after you makan durian, at the same time they promote you manggis

on the way to .7 before ex date...steel business right now is akin to furniture and export counters in 2015 !!

xachx no qa, warrants cannot convert...!! Beware

77% voted NO......!!!

Given yesterday's closing price, I think the chances of qa being passed is slim.