The same thing happened to Supermax. Sold down to 1.70 on news that Ceo were to be imprison. Supermx fought back by buying back their own shares. PIE should have done the same thing.

It cost less for the smaller syndicates to manipulate b'cos of the low vol. Easy to sell the share price down. Like today until now can accumulate 123,500 shares already. So many days in the past few weeks they have been buying over 100k shares in a day. I can only prove to be correct after the qtr. result is out. Those who panic now will sell to them. They are capitalizing on the investors fear. If you have done your research and knows the fundamental of PIE is very sound then there is nothing to fear. PIE can have good dividend pay out as the co. is debts free. Now the investors are uncertain whether the impairment loss can be reverse or not. Syndicate are capitalizing on this. I shall hunt the Ceo down if he cannot recover the debts as he said that the impairment loss was only a technical issue due to the change in it's client accounting policy in paying PIE.

Syndicate is manipulating the share price here. Have to wait till qtr. result announcement. They will start buying from those who panic. Accumulate as many shares as they can before the qtr. result comes out.

This year revenue and profit will increase compare to the previous year,PE will go down again. That is why Supermx share price is going up.

Kossan PE 30.

No need have to wait until April. Result out before end of February.

Depreciation is added back to profit as it is not allowable by the IR
when calculating the net profit.

Bumping up the tax rate to 63%.

Due to expenses not tax allowable or deductable being added in from last quarter and tax accordingly. Therefore the current quarter will include tax payable from the previous quarter. Increasing the tax amount payable in the current qtr,bumping up tax.

I bought Supermx between 1.80 to 2.00 ringgit and still holdin it now. Small fry like me can only buy 20,0000 shares. Happy weekend to you Calvin.

Thank you Calvin.

Can you explain why Topgl,Harta,Koss and even Supermx share prices have gone up. According to your logic they should be dropping. By the way,Thailand SET hit bottom at the beginning of last year 2016 when the soldiers were in control already. During the red shirt n yellow shirt period only the Thai baht was weak,2013, but the share market was still ok.

Not suddenly rise, at least now people know the reasons behind the qtr results as explained by people in this forum. Very good information given here in this forum.

The company will be debts free. The renewable energy business with Tenaga will be a cash cow. No more huge capital expenditure outlay,it will be able to pay dividend regularly. The company is still a going concern even without it's main business. Otherwise it would have sold the rest of the business as well and return everything to the shareholders. The 112.3 millions ringgit it received will work out to be 80 cents per share. Being 112.3m ringgit divided by 140m shares. Please can anyone let me know how much per share is the rest of the business is worth or how much is the rest of the business is worth in total. Then we have an idea how much the share is worth.

406171518 Rhb shares times 5.15 = 2,091,783,317 divide by 1.4 billion Osk shares = 1.49
Just the Rhb shares alone, Osk holding of Rhb is worth 1.49

Forget about their past performance,just make a gaurantee that within a certain time frame you will profit from their recommendation. No one is foolish enough to do this. Investing involve risks,by learning the fundamental of investing it only reduces your chances of losing money in the stock market. There is no Gaurantee. That is why you invest at your own risk.

If you strip out 363m,you have to strip out other costs and expenses from OskP and PJD. You cannot strip out one side of the equation and not the other. Comparison will be distorted.
You have to look at OskH without the consolidation. Unfair to exclude negative goodwill but to include all the expenses of the other 2 companies.
Revenue is a better guide to future profits.

PJ Dev profit will be booked into the second quarter so as to be consolidated into OskH financial year end result. Very clever Mr Ong.

Osk property win Forbes Best

Osk is using its size to obtain funds. MTN being used,to lower the cost of borrowing.

Bought 20k warrant at 35cent yesterday,mother share bought last Wednesday at 1.63 - 4K only. Win some,lose some.

OskP - compulsory take over.

Now nothing can perform. Taking a longer term view of things so time to accumulate when things look very bad.

Bought 20k warrant at 10.45am,keep till 1 ringgit.