Highlights
KLSE: CONNECT (0102)       CONNECTCOUNTY HOLDINGS BHD ACE : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.155   +0.005 (3.33%)  0.15 - 0.165  30,992,800
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Overview

Market Cap: 79 Million
NOSH: 509 Million
Avg Volume (4 weeks):42,573,731
4 Weeks Range:0.105 - 0.29
4 Weeks Price Volatility (%):
27.03%
52 Weeks Range:0.045 - 0.39
52 Weeks Price Volatility (%):
31.88%
Average Price Target:-

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2020 [#1]  |  25-Jun-2020
Next QR | Est. Ann. Date: 30-Jun-2020  |  29-Aug-2020
T4Q P/E | EY: -10.45  |  -9.57%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.0454  |  3.41
T4Q NP Margin | ROE: -14.20%  |  -32.68%

Headlines

Date Subject
29-Jul-2020 PublicInvest Research Headlines - 29 Jul 2020
29-Jul-2020 Mplus Market Pulse - 29 Jul 2020
12-Jun-2020 Evening Market Summary - 12 Jun 2020
15-Aug-2019 Technical Buy - CONNECT (0102)

Business Background

Connectcounty Holdings Bhd is an investment holding company which designs, manufacture, sales, marketing, services and trading of cables, connectors, thermoplastic, elastomer materials and related products. The company is an integrated provider of interconnect solutions with automated manufacturing facilities in China. It also offers vertically integrated services for in-house parts and sourcing activities, and undertake research and development operations. The company generates the majority of its revenue from Malaysia.
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  7 people like this.
 
Yewsung Time to accumulate again
28/07/2020 5:27 PM
Pershing Reference is made to the Company's announcement dated 16 June 2020 in relation to Connect’s negotiations with the relevant parties pertaining to the possible reverse takeover exercise involving S5 Systems Sdn. Bhd. The Board of Directors of Connect wishes to inform that the Company had ceased all negotiation pertaining to the possible reverse takeover exercise involving S5 Systems Sdn. Bhd. This announcement is dated 28 July 2020.
28/07/2020 7:25 PM
Hotstuff panic sell tomorrow
28/07/2020 7:29 PM
Notconfused Tomorrow 0.2
28/07/2020 8:52 PM
EarnAmeal Good luck guys, pray hard tonight.
Hold for another 3 to 5years? RTO in the future.
28/07/2020 9:06 PM
TokAbah The price already react from 21sen to 11sen.
No big deal
28/07/2020 9:25 PM
deskfyong this was the cause of CONNECT to waterfall down to where it was and currently is from the height of 20s-30s. This is a way of the major shareholder trying to shaken every shareholders to sell so that they can pick up at cheap price?




Posted by Pershing > Jul 28, 2020 7:25 PM | Report Abuse 

Reference is made to the Company's announcement dated 16 June 2020 in relation to Connect’s negotiations with the relevant parties pertaining to the possible reverse takeover exercise involving S5 Systems Sdn. Bhd. The Board of Directors of Connect wishes to inform that the Company had ceased all negotiation pertaining to the possible reverse takeover exercise involving S5 Systems Sdn. Bhd. This announcement is dated 28 July 2020.
28/07/2020 9:46 PM
TA_trader yet, price had rebound and held steady. Even if negotiation is off the table, i am sure they would have known earlier.

So why keep exercising RCSP? why prices still holding well? My take is, now everybody knows this counter is up for RTO offers. During tough times like this, plenty would like to RTO. To take their business public/raise funds.

Do bear in mind, during tough times like this, bank lending much tighter. To access/raise funds in capital markets much easier during bull runs like now.
28/07/2020 10:07 PM
Good123 KUALA LUMPUR (July 28): Cable and wire manufacturer ConnectCounty Holdings Bhd said today it has ceased all negotiations pertaining to the possible reverse takeover (RTO) exercise involving S5 Systems Sdn Bhd.

This comes after it was reported last Monday that Ancom Logistics Bhd had proposed an RTO exercise which entailed the acquisition of the entire share capital in S5 Holdings Inc — the parent company of S5 Systems.

S5 Systems was reported to be one of the front runners to bid for the new National Immigration Integration System project, which is expected to be awarded in the third quarter of this year.

In an earlier filing with Bursa Malaysia on June 16, ConnectCounty said it was in negotiations with the relevant party pertaining to the possible RTO involving S5 Systems.

From the start of June, ConnectCounty shares jumped by three times, reaching a peak of 39 sen on June 15, from 13 sen. Thereafter, the stock is seen trending downwards.

The counter closed unchanged today at 15.5 sen, valuing the group at RM78.9 million. Since its peak price on June 15, the stock has lost some 60%.
28/07/2020 10:34 PM
TA_trader nah, i will observe first. May average down, but not immediately unless the move is huge enough. Like i said, by the time ancom announced their intention, connect would have had a very clear understanding that they are out of the picture.

Problem is, why are they still subscribing to RCPS and enlarging the NOSH?
28/07/2020 10:36 PM
birkincollector has not reached the bottom, which is around 0.080......
28/07/2020 10:43 PM
MikaelBaE 0.37 was mine
29/07/2020 12:12 AM
TA_trader sorry to hear that. It really depends on your trading/investment strategy.

Personally, i can take huge swings.
29/07/2020 12:28 AM
TA_trader where do u see doji star? weekly chart?

If weekly, its a bullish doji star.

if daily, check out the momentum oscillators. Its moving recovering from oversold zone.
29/07/2020 12:36 AM
Muhammad Zulkphlee 0102 CONNECT CONNECTCOUNTY HOLDINGS BHD
Additional Listing Announcement /Subdivision of Shares
1. Details of corporate proposal
Whether the corporate proposal involves the issuance of new type and new class
of securities? N
Types of corporate proposal : Conversion of Preference Shares
Details of corporate proposal : Instrument Conversion of Irredeemable
Convertible Preference Shares ("ICPS") of RM0.025 each to Ordinary Shares
No. of shares issued under this corporate proposal : 5,000,000
Issue price per share ($$) : 0.1000
Par Value ($$) (if applicable) : 0.000
Latest issued share capital after the above corporate proposal
In the following
Units : 509,020,135
Issued Share Capital ($$) : Malaysian Ringgit (MYR) 59,050,038.500
Listing Date : 28/07/2020
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

27/07/2020 01:31 PM


Ref Code: 202007273000049
29/07/2020 1:14 AM
Muhammad Zulkphlee 0102 CONNECT CONNECTCOUNTY HOLDINGS BHD
Additional Listing Announcement /Subdivision of Shares
1. Details of corporate proposal
Whether the corporate proposal involves the issuance of new type and new class
of securities? N
Types of corporate proposal : Conversion of Preference Shares
Details of corporate proposal : Instrument Conversion of Irredeemable
Convertible Preference Shares ("ICPS") of RM0.025 each to Ordinary Shares
No. of shares issued under this corporate proposal : 1,694,000
Issue price per share ($$) : 0.1000
Par Value ($$) (if applicable) : 0.000
Latest issued share capital after the above corporate proposal
In the following
Units : 504,020,135
Issued Share Capital ($$) : Malaysian Ringgit (MYR) 58,675,038.500
Listing Date : 20/07/2020
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

17/07/2020 07:00 AM


Ref Code: 202007173000106
29/07/2020 1:15 AM
Maxbolt Disconnect lor
29/07/2020 1:27 AM
ronnie2u *ConnectCounty Holdings Bhd said it has ceased all negotiations pertaining to the possible reverse takeover (RTO) exercise involving S5 Systems Sdn Bhd. This comes after it was reported last Monday that Ancom Logistics Bhd had proposed an RTO exercise which entailed the acquisition of the entire share capital in S5 Holdings Inc — the parent company of S5 Systems.
29/07/2020 7:47 AM
deskfyong panic selling is what the operators want you to do, to buy cheap tickets. This news had already been known weeks ago. why would they want to announce it more than a month later today? because it came up from 105 to 165. There aren't any cheap tickets anymore. Thus create news like this to make you guys panic sell.

Think about it.
29/07/2020 8:28 AM
Yewsung Bro. Panic or not is still depends on you. But sentiment aldy know it will drop. See how to day. If open high then u know the end story. If open same with reference then another story. If open low also another story. The kost important thgs is, I suggest you to average down. I sold yesterday with earning after huge average down to 0.13. If have chance drop by today and u know technicaly will close the window at 0.2, i suggest u to average down. For sure, your decision is in your hand.
29/07/2020 8:35 AM
SK1200 Buy on weakness..then keep..for sure will reward later..
29/07/2020 8:38 AM
deskfyong yewsung,

kudos mate
29/07/2020 8:44 AM
Yewsung Thanks bro. This is the first time i feel the pain and take me few days to think what should i do. If cut loss, the money will be gone. The brilliant idea is only to average down if you are confident. Anyway, if down i will buy back. I believe in technical. 0.2 is not hard to achieve.
29/07/2020 8:50 AM
shacarlos yes.... time to collect.... kekekeke ;-)
29/07/2020 9:00 AM
NawaMan Yewsung is very wise indeed... be strong bro, when facing a challenging obstacles means you are about to level up
29/07/2020 9:01 AM
TokAbah Told ya. The price already gap down from 21sen to 11 sen due to RTO was called off. Yesterday was only official announcement where CC needed to submit to Bursa as per regulatory requirement. Why everyone make fuss of it?
29/07/2020 9:21 AM
Sneakpeek without RTO it will drop back to under 10c..not worth holding.. Got better counter out there to offset your loss
29/07/2020 9:59 AM
deskfyong i guess panic sellers are groping their balls now. and thanks for the 13.5 lots. i picked up some.
29/07/2020 10:03 AM
stillloss All the way down down down.....
29/07/2020 11:51 AM
Yewsung No more down. Picking more than hundred mil since it drop to 0.1, how to drop further? Anyway, today volume is consider low for me. All we know tomorrow or monday night be achieve 0.2 easily. Just need a volume to push it up. Stay cheers for those who R still holding! U will get your return soon
29/07/2020 1:22 PM
MasterYoda this counter will hailat further,sell
29/07/2020 1:42 PM
Good123 RTO tak jadi. speculators trapped n rugi besar
29/07/2020 1:53 PM
Good123 rugi punya company. RTO takda ... pn17 pun mungkin
29/07/2020 1:54 PM
sharewiz118 lesson learnt burnt my hand and face badly, feel like commit suicide sell die don't sell also die
29/07/2020 9:39 PM
sharewiz118 bought at 26 cent nicely done .........look for highest building
29/07/2020 9:41 PM
Miche87 sharewiz118 - chill bro.. live to fight another day. When u hit rock bottom, the only way is up
29/07/2020 9:44 PM
Yewsung Ya. Hit bottom average up to help yourself get out from this counter
29/07/2020 10:12 PM
Doremon99 Drop to 0.11 faster
29/07/2020 11:00 PM
Britishshorthair still connect ah. seems unlikely to rise for many years. Unless they rto
30/07/2020 12:09 PM
Yewsung Today touch 0.175, close at 0.17. Nice.
30/07/2020 1:18 PM
TokAbah Index drop so much. Connect slowly and steady
30/07/2020 4:06 PM
Jeffreyteck Not bad, still well supported.
30/07/2020 4:17 PM
TuffDoubt Here the momentum comes.
Hope it will break 0.16 next week
30/07/2020 6:46 PM
Britishshorthair This counter kena scam la. Biggest scam in my life.
01/08/2020 5:23 PM
Joycelee Jb oso don dare to come out , u all still die die holding , bravo haha
02/08/2020 1:19 PM
Joycelee British same here biggest scam in my life , rto x jadi , those still holding high... So brave
02/08/2020 1:33 PM
sn7628 biggest scam in my life too
03/08/2020 10:43 AM
Yewsung Hard to break 0.165
03/08/2020 10:45 AM
babytrunks lets move on from CONNECT
03/08/2020 2:36 PM
john1102 trap again guys
03/08/2020 4:04 PM


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