ok let's wait it down again..

see macam can go up...

wakaka

1st limit down volumn = 3 mil shares
2nd limit down volumn = 107 mil shares
3rd day volumn = 21 mil shares
4th day volumn = 9 mil shares

question is how could 3 mil share make such limit down at 1st limit down?
And why second limit down volumn so much, much be somebody buy very cheap between 17 cent and 20 cent.

Hoo Ann Teo, u bought at what price....

CK is?

i think it is really third party who sell down the VIS counter.

Bursa Malaysia's "eyes" on counters in Monday's blood bath
Posted on 1 May 2014 - 05:37am


PETALING JAYA: Bursa Malaysia Bhd is monitoring trades in four small cap counters, which saw its share price nose-dive on heavy selling pressure Monday, promising "relevant action" to ensure preservation of market integrity.

On Monday, two counters, namely, Industronics Bhd and Visdynamics Holdings Bhd, hit the 30 sen-limit-down level, while two others, Solution Engineering Holdings Bhd and MNC Wireless Bhd, shaved off 52.73% and 60.53% of its respective share prices on heavy selling.

"We have engaged with the listed companies to ensure timely and proper disclosure of information to the market. We are also assessing the trades in these counters including engaging with the brokers as to the reasons for such selling. We will continue to vigilantly monitor the trading and take any other relevant action to ensure preservation of market integrity," the regulator said in a statement issued late evening yesterday.

Industronics was down 30 sen (limit down) or 43.80% to 38.5 sen; Visdynamics down 30 sen (limit down) or 38.96% to 47 sen; MNC Wireless down 23 sen or 60.53% to 15 sen; Solution Engineering down 14.5 sen or 52.73% to 13 sen on Monday.

Bursa Malaysia added that Unusual Market Activity (UMA) is a disclosure tool to update the market and advise investors to take note of the company's reply to the UMA query when making their investment decision.

The regulator issued UMA queries to three counters on Monday. The queries to Industronics and Visdynamics were due to its stock prices hitting "limit down", while the query to MNC was due to the sharp fall in its share price with high volume.

Visdynamics' shares fell 7.27% to close at 25.5 sen; Industronics fell 6.15% to 30.5 sen; Solution Engineering fell 3.57% to 13.5 sen; MNC fell 5.71% to 16.5 sen yesterday.

In a separate filing to the stock exchange, Industronics Bhd said it had sold down a 4.31% stake in Solution Engineering Holdings Bhd on Tuesday through open market amid heavy selling pressure, incurring a loss of RM1.67 million.

Industronics said the disposal is in the best interest of the company as Solution Engineering's share price dropped dramatically in April. It said the move was to avoid further diminution in the investment.

Industronics also said that it was an effort to focus on its core business, relieving it from incurring further losses in its investment.

According to filings with Bursa Malaysia, Industronics' shareholding in Solution Engineering falls to 3.52% following the disposal. Industrionics ceases to be a substantial shareholder in Solution Engineering with the move.

At an average disposal price of 13.18 sen apiece, Industronics generated gross proceeds of RM1.05 million. However, as the stake sold carried an investment value of RM2.72 million, it incurred a loss of RM1.67 million for the disposal.

Industronics had on Monday also sold a 2.96% stake in Solution Engineering for RM694, 650 or 12.63 sen per share.

this company no bad news also..... pure goreng only...

happy trading...

today already...

today is T+3 (trade day is the 2nd limit down), should have a lot of people cutting loss

see how next week

see how then later...

seem like shark is waiting at low price... only appear once when the price down... when price go up a bit, shark disappear...

clearly their intention is to buy at low price.... otherwise they wouldn't buy at all.....

Superman u cut already?

lol seem like a lot of panic sellers throw at low price before 910am

lol, turn green...........

rebound....

seem like many people cut loss

dropping... with no volume..

singapore people goreng down one....

i queue at 1/2 cent

Posted by ch > Apr 30, 2014 04:21 PM | Report Abuse

Two types of people will show up when price drop. Panic seller and hell predictor. haha..

wow...haha...

i saw in june 2013, this share also got one time panic sell down

OK, http://www.bursamalaysia.com/market/listed-companies/company-announcements/1584777

Directors’ Shareholdings
Before Proposed Share Buy-Back Renewal After Proposed Share Buy-Back Renewal
Direct Shareholding Indirect Shareholding Direct Shareholding Indirect Shareholding
No. of Shares % No. of Shares % No. of Shares % No. of Shares %
Datuk Azzat bin Kamaludin 150,000 0.15 - - 150,000 0.17 - -
Choy Ngee Hoe 30,526,950 30.32 - - 30,526,950 33.68 - -
Lee Chong Leng 4,554,150 4.52 - - 4,554,150 5.03 - -
Ong Hui Peng 4,554,150 4.52 - - 4,554,150 5.03 - -
Vincent Loh - - - - - -

RATIONALE FOR THE PROPOSED SHARE BUY-BACK RENEWAL

The procurement of the shareholders’ approval for the Proposed Share Buy-Back Renewal would
enable the Company to purchase VHB Shares when appropriate and at prices which the Board
views favourable.

The Proposed Share Buy-Back Renewal may enable the Company to utilise any of its surplus
financial resources to purchase its own shares from the market. It may stabilise the supply and
demand of VHB Shares traded on the ACE Market and thereby support its fundamental value.

The Proposed Share Buy-Back Renewal, if exercised, will enhance the Earnings Per Share
(“EPS”) of VHB Shares as a result of a lower number of VHB Shares being taken into account for
the purpose of computing the EPS, if the purchased VHB Shares are held as treasury shares

DETAILS OF THE PROPOSED SHARE BUY-BACK RENEWAL
The Board of Directors of the Company (“Board”) had, during the Eighth AGM held on 19 April 2013
obtained its shareholders’ approval to purchase up to 10% of the total issued and paid-up share
capital of the Company as quoted on Bursa Malaysia Securities Berhad (“Bursa Securities”) as at
the point of purchase. In accordance with the Listing Requirements of Bursa Securities (“the Listing
Requirements”) governing the purchase of own shares by a listed company, the aforesaid approval
will continue in force until the conclusion of the forthcoming Ninth AGM of the Company which will
be held on Friday, 25 April 2014 at 11.00 a.m.
The Board proposes to seek approval from the shareholders for a renewal of authorisation to
enable VHB to purchase up to 10% of the issued and paid-up ordinary share capital of the
Company as quoted on Bursa Securities as at the point of purchase.

The Proposed Share Buy-Back Renewal shall be effective upon the passing of the resolution in the
forthcoming Ninth AGM of VHB until:
(i) the conclusion of the next AGM of the Company following the general meeting at which such
resolution was passed at which time it shall lapse unless by ordinary resolution passed at that
meeting, the authority is renewed, either unconditionally or subject to conditions;
(ii) the expiration of the period within which the next AGM after that date is required by law to be
held; or
(iii) revoked or varied by an ordinary resolution passed by the shareholders in a general meeting,
whichever is earlier.

2.1 Maximum Number or Percentage of Shares to be Acquired

As at 10 March 2014, the total issued and paid-up share capital of VHB is RM10,069,530.00
comprising 100,695,300 Ordinary Shares of RM0.10 each (“VHB Shares”).

Assuming no further VHB Shares are issued, a total of up to 10,069,530 VHB Shares may be
purchased pursuant to the Proposed Share Buy-Back Renewal. As such, the balance that can be
purchased as at to date is 10,069,530 VHB Shares.

.............

still no news

sapu a lot...

buy again 26 cent ^^

same like last time CBIP also panic sell.... a few days later recover all losses

PETALING JAYA - Visdynamics Holdings Bhd continued its downward spiral with its shares plunging as much as 78% in just two trading days.
Visdynamics' share price went down sharply just after the opening bell yesterday, hitting limit-down once again with a steep decline of 30 sen or 63.83% to 17 sen, before closing 19.5 sen or 41.49% lower at 27.5 sen.
Despite the plunge, it was the most active stock with 107.88 million shares traded.
Its intra-day low of 17 sen equalled the level before its stellar run-up since March last year. Since that period, Visdynamics' had been charging up strongly, reaching a peak of 78 sen on Monday before a heavy selldown in the afternoon session.
On the same day, the automated test equipment manufacturer was queried by Bursa Malaysia, but its management said it was unaware of any developments that may have contributed to the unusual market activity (UMA).
It was reported that Visdynamics CEO Choy Ngee Hoe did not sell his stake during the selldown period, which rules that out as possible cause of the hefty decline of its share price.
According to the latest filing with the stock exchange, Choy still holds a 30.32% stake, being the single largest shareholder in the company.
For the financial year ended October 31, 2013, Visdynamics posted a net loss of RM2.40 million, higher than the net loss of RM438,000 a year ago.
However, it turned into the black by registering RM581,000 in the first quarter ended January 31, 2014.
Visdynamics' selldown followed a few small-caps firms, particularly the ACE-market listed, that tumbled on Monday.
A few of the small-caps that were hit hard on Monday rebounded marginally yesterday, MNC Wireless Bhd and Solution Engineering Holdings Bhd ended the day higher by 2.5 sen and 1 sen, to 17 sen and 14 sen respectively. However, Industronics Bhd still lost ground, to close 6 sen lower to 32.5 sen.
MNC Wireless Bhd and Industronics Bhd were also slapped with UMA queries by Bursa Malaysia respectively, with the former denying any corporate developments, while the latter said it was exploring an internal reorganisation proposal within the company.
Another stock to watch is Wong Engineering Corp Bhd, which in a reply to UMA query clarified that it is in the final stage of negotiation for the supply of mechanical and industrial product to the oil & gas industry.
Its share price declined as much as 26 sen or 30.23% to 60 sen, which is quite close to the 30 sen limit-down level.
The FBM ACE index dropped 2.75% as a result of the heavy selldown in the small-caps, compared with the broad-based FBM KLCI which rose 0.19% yesterday.
Besides that, the market has been trading cautiously this few days with losers leading gainers significantly.
A dealer, whom declined to be quoted, said the correction in most of the stocks is "part and parcel" of the stock market, whereby it may offer an opportunity to buy in. "I don't think it is a bear market, the investor should not panic," he said.
At the same time, he also urged investors to look into the fundamentals of the stock before buying in, as overvaluation is some stocks may lead to a huge correction.


Full article: http://www.malaysia-chronicle.com/index.php?option=com_k2&view=item&id=272782:visdynamics-hits-limit-down-again&Itemid=3#ixzz30KmTdsqT
Follow us: @MsiaChronicle on Twitter

why dont wait at 0.5 cent?

stop creating rumor

seem like many people lost money...

we already wake up early to trade this stock

let the price reposition again and get more stable.

once investor find out it is just pure sell down without any bad news, the price will go up back

if u want high NTA, go for property stocks

ivan, IT company always low NTA...

bought back again mother at RM 0.285, son at RM 0.190

just sold off at RM 0.295

now RM0.295

shark collecting at low price...

Close 27.5 cent

apparently is human made pure goreng , as not only VIS the victim.

and we can see the shark is collecting from 17 cent to 30 cent.

one thing can know, it just pure sell down with no reason. can buy.