My 2 sen - BYSTANDER123

LIGHT n EASY WEEKEND - Chui Sui Time on ALCOM (21/1/2018)

Bystander123
Publish date: Sun, 21 Jan 2018, 07:43 AM
just some views n observations on the stock market.

Please be aware that the writer may not b totally objective, n may have vested interests in the stocks he write about.
Hope u read , with a pinch of salt.

The writer is clearly not a qualified person to recommend shares to anyone. Should u be influenced to buy any shares mentioned, pls remember, you are responsible for your decision to invest n there are risks in investments.


5pm on a friday ,  at trading Gallery in a stock broking firm : 

Uncle B:  Wonder who is the one who gave 200,300,454 lots at 0.94 sen at 9.45 am this morning.

               could it b the same person, also gave 199 lots (0.935sen) at 11.34 am,     250 lots (0.93 sen) at 3.44 pm ?            
Uncle A @TAIKO : could b stockist,broker , or just someone got lots of share but  want to collect some more.

                             doesnt  matter, season players, quietly eat loh

Uncle B :  u mean big player sell first, bring down price, then slowly collect back ?

Uncle A @TAIKO :  ya loh ! but season players know the game , aftr that, he dare not give too much,

                            throw a bit here  n  there, n see if got people panic n follow.

                          today, got 19 transactions done at buyers price n 17  transactions done at sellers price,

                          got lots of hidden support.

 

Uncle B :  i read that Big Boss ,Yeoh Jin Hoe is still holding 29.66 % even though sold 29.5% to SCLAND  HOLDINGS

                   (Datuk  Lim Chee Khoon, Datuk Eng Kim Liong, Mr. Ang Loo Leong).

Uncle A @ TAIKO : i think he got some more hidden under the nominee companies,

                                   less that 5% no need to declare mah !

Uncle B : wonder when Big Boss want to sell all, heard he already 70,

                already pass baton to SCLAND to take ALCOM to next higher  level.

Uncle A  @ TAIKO: not so fast one, Big Boss v. savvy n shrewd investor, can see , create value out of nothing !

                He will only sell once  ALCOM   show true value to investors,

              with the new property  business growth potential become   visible to all

Uncle B : that's Y u are v. confident to collect some more !

Uncle A  @TAIKO : Hahaha !  

                               also got another reason that many season players already know.

                              ALCOM going big in new Industrial property  development, will need lots of funding  mah !

Uncle B : Oh ! i see...   got business for the corporate finance boys..

Uncle A  @TAIKO  : Hihihi ! but,.. may not b so fast  lah !

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Bystander123

Profile of Big Boss , Yeoh Jin Hoe, aged 70, major shareholder (29.66%) -

- Executive Director of ALCOM

- He is a major shareholder and Non-Independent Non-Executive Director.
of CAN-ONE BERHAD

- Group Managing Director of Kian Joo Can Factory Berhad

- Group Managing Director oF Box-Pak (Malaysia) Bhd.

He has extensive experience in the manufacturing and trading industries, having been the founder of several companies involved in the manufacturing sector.

The Kaiserkorp Sdn. Bhd. group of companies (“Kaiserkorp
Group”) which manufacture and distribute “KingKoil” and other branded mattresses as well as other sleep related products in Malaysia were started by him in the 1980s.

He also founded Agrow Malaysia Sdn. Bhd. group of
companies, which distribute sanitary wares, ironmongery and builders’ hardware.
Thereafter, he went on to
establish Ibufood Corporation Sdn. Bhd. group of companies (“Ibufood Group”) which manufacture and distribute
instant noodles, food seasonings, instant soups and marinades.

(Extract from CAN-ONE annual report 5 April,2017)

2018-01-24 19:41

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