Followers
2
Following
1
Blog Posts
0
Threads
5,715
Blogs
Threads
Portfolio
Follower
Following
2020-09-02 16:43 | Report Abuse
Kok Heng comrades....thank u for your insight....its very enligthening and interesting....
Do u reckon this is a good entry price and how Big the chance that this RTO will go thru?
2020-09-02 13:45 | Report Abuse
Eventually, we will come to the question...how valuable is a shell company and whatbis the market price for one now!
2020-09-02 13:36 | Report Abuse
Wonder if any of u still remembwr IRISTAN??? He or she made a sell call when the price ran up to 70 sen last week. Our fren told us to sell and said that that same day will close below 60.
I was quite reluctant to listen to what our fren said or else would have sold all for a prettt hansome gain. Sorry, iristan,,,,shld have listened to u...:))
And i also rember iristan asked us keep selling cos he or she said the price will further weaken to below 50 or even touch 45 next week(which is this week).
Iristan, care to joint us to share your insight on this? Is the selling below 50 this week still hold water?? Can u comment on this ? If yes then i shld wait then...thanks for ur insight
2020-09-02 13:31 | Report Abuse
Kok heng comrades...thank u for your insights on the who buy who.
My question now...if S5 were to buy anclg, if i were S5 directors, i would not be happy if anconlg price shoot out before any official valuation done cos the actual valuation may be lower than present level or also couls be higher. Eventually if the valuationto be lower than now, and come final stages S5 will have ato make a MGO to the monority ifbthe price is at higher level the acceptance may not be there.
So this boils down to.....the share price has to be capped at certain level and if i were the S5 management, i will start to mop up the shares belongs to the minority from the open market as much as possible....Until i have enough control of the number of shares then only i will think of goreng....
Correct me if i m wrong...
2020-09-02 12:34 | Report Abuse
VenFx....thank u for your kind words...i am justvtrying to make sensible comments in here hope to exchange hinest view and infors. Hopefully by doing that all of us can beat the odds and make some pocket monies together...
What u said make sense...i think price will be holding here for the main director ti continue to dispose off his remaining....and i belive he has done so quite a lot during the run up to 70 sen last week...when the disposal pressure ease off we may see some actions after...
So the qiestion is, shld one buy in now and hold for new team to come in and jack up? Or shld one just trade with the momentum making 3-5 sen each time?
So its very individual, depending on howbu feel and what is your risk appetites??? What u say?
2020-09-02 11:45 | Report Abuse
Each time the price trying to run we will see it get throw down and get cool off...seems like someone is doing the extinguisher job try to keep the flame down.....keep the fire butt but keep the inferno from happening...
2020-09-02 11:42 | Report Abuse
VenFX...agreed with u bro...in order for this deal to go thru....certaom cronies need to be taken care off...handsomely...so i do not delete the possibility that the price will go up to 80 along the way or even touch the 1 before easing off...paying off thru market is the best way and norm
2020-09-02 11:39 | Report Abuse
CharlesT bro....at this juncture after appointed TA to do the due d i think the chances of going thru will be much higher...at least better chance than connect...:)) Connect previously was just rumours.... but anythg could happen. We can only trade with caution
2020-09-02 10:49 | Report Abuse
Dun forget, those parties concerned their fresn relatives collegues all with insider may jump on the band wagon. And also directors of all thoses parties may also joint the actions especially those in MyEg that is well know to invest/punt the market. So all now are speculations and theories.. all these factors make a good trading oportunitues
2020-09-02 10:47 | Report Abuse
As all of us speculating i would think the persons or oarties concerned would not wan to see the price spike up too much in this juncture...when the due d still im preliminary stages...the next excitement after this news will be the speculation of the award of the niss contrac. Though anclg will not benefit directly but indirect benefits from iris and others will spur prices. So we may may have ti wait a while.
But one thing i m quite sure, the big players are slowly gearing up or already geared up
2020-09-02 10:05 | Report Abuse
I think the big pkayers already loaded up. Just look at the volume of last week of 240m, i would expect this week big volume sell down...but it didnt happen. And the volume done after T+2 is just a fraction. So, do ur maths and make ur own guess...all the best comrades....cheers!
2020-09-02 10:03 | Report Abuse
The price willl be sustained above 50 with bias upwards. But i dun think will big jump.
2020-09-02 09:23 | Report Abuse
As i mentioned, this news already very much expected. Without this new the price will drop below 50. Now it had to progress to next step to bring the price higher. Those who belive there still oportunity to buy in. Those who hesitate just saty at sideline watch and wait for trading oportunity
2020-09-02 08:58 | Report Abuse
No doubt there will be a spike in price. Whether or will be sustainable or not is still a question. I would take profit first
2020-09-02 08:04 | Report Abuse
Monreyes....bro, i share the same concern as yours....and also if the share price get push too high the acquiter may not be interested cos tge acquiring cost will be too high.
But in malaysia the boleh land anythg can happen. So we will never know. If have chance just get a quick kill and exit.
2020-09-01 22:03 | Report Abuse
Nowadays operators are actung fast in fast out. The operation is very much diferent from few mths back..
2020-09-01 22:02 | Report Abuse
Dear comrades....its better nit to be greedy. Have profits, just take. Nowadays limit up is not sustainable. And always when good news out the next morning first 30 minute peak and then all the way down....this may not be the case but no harm just exercise a bit cautions....like our T800T bro mentioned, its hard to earn from this operators.
The other day From 56 all the way to 70 and then all the way down to 58.....this is not the way to gain confidence of the investors be it punters or traders...
2020-09-01 21:57 | Report Abuse
Everyone is hoping for limit up. I prefer it goes by 20% every two days:))
2020-09-01 21:39 | Report Abuse
T8000T bro...hope u make a fortune and go for a kill on this. Cheers!
2020-09-01 21:24 | Report Abuse
At the moment its still sketchy... no of shares to be issued to S5 directors at what price? And ratio and total number of shares to be issued? Also what will be the valuation belived to be 900m...
Of course this is one step further towards the rto even though this is very expected. But with the inking of the purchase will expect interest to pick up...all the best comrades! Hapy for those still hold. :)
2020-09-01 21:02 | Report Abuse
T800 bro, congrat to those who still hold including u. Cant look back bro. Life goes on...:))) yes din chase probably will get burn of operators push up tmrw alll the way and down
2020-09-01 20:42 | Report Abuse
Due diligence still need 2-3 mths...and all parties still need to come to agreements. Anythg could happen
2020-09-01 20:41 | Report Abuse
The news is very much expected. I dun think it will go limit up. If so it will come down fast. Tjis news have been expected and long over due. Without this news the price will drop below 50. Now with this news it will lend some support above 50-55. Of course nect morning will be ppl rush in to buy and price will spike. All the best comrades!
2020-09-01 16:23 | Report Abuse
But i can see certain buying support came in at 16:20 to push it up to 515 just now. Hope it continues
2020-09-01 16:21 | Report Abuse
I m not worried abt owner’s disposal. I m more concern the valuation. The way he is disposing atbthis kevel could indicate the newco shares could be lower than this....i could be wrong
2020-09-01 15:30 | Report Abuse
And nobody knows what will happen next. I may be a fool at the end of the day when ot get push up to 60 and closed there. Well, at times we will habe to take a stance, right or wrong we made our own and move on...thats how i look at it. I made some and i m thankful and have to believe noone can buy at the lowest and sell at the highest...that will be perfect!:))) chee i
2020-09-01 15:26 | Report Abuse
T800 bro, i think the RTO still on no doubt. My inky concern wikk be the valuation. Of course its a risk we wikl need to take. At the moment i chose to take profit and adopt a risk averse atitude not becos of ancom logistic but the overall market. I feel that operators on all penny stocks are showing signs of withdrawing....
Of course we all need money all the time....for new cars, new house, new gfs, new anythg....dun we all? :))
2020-09-01 15:15 | Report Abuse
Nobody knows how high or how low its gona go. ...only operators know..i chose to take charge of my own fate. All of you take charge of yours. Stay or go uour own choice. All expressed here merely my own view. Not meant to entice or influence any buy to buy or sell. Just taking care of my own pocket. Hope you do too. Cheers!
2020-09-01 12:20 | Report Abuse
Macrullen bro...yes indeed. In fact i was relooking at xox this morning and decided against it. I feel that operators are still disposing in chunks...anytime i will get trap. I will let it go....
In fact after disposing ancom i left with funds that i m itching to reinvest this morning but good thing i didnt cos all came down. Lol.
Agreed with u to be on the passive side at the moment with an eyes for everythg in ready mode. The coming US election will pose further uncertainty to the global market. When US sneeze, we will get the flu...
2020-09-01 12:16 | Report Abuse
T800Terminator....agreed with u absolutely, bro. The shares are changing hands. Thats why we see Mr Siew stakes is diluting each day. In fact i m not overly worries about this disposing by thebowner cos under RTO, the present need to relinquish its shareholding in the shell somoaby and in exchange for shares in the NEWCO.
Now the pertinent question is....hiw much he gets in return? Giw many shares of the NEWCO will be issued and at what price? Assuming if the issuance price is higher than now then its fine. If it is the other way then i will be doomed.
And personally, i do think that if the share price run up too much will not be so favorable to the new owner that is S5. Cos they will need to offer the shares that are in the market that they do not own.
So if the price is too high the RTO price will not be attractive. Thus i think this is the reason the price been pressed down for time being.
Everythg is still sketchy at the moment, i will not hold if for long....at first i was thinking ti hold and go for the big kill. However i feelmthatbthe overall market sentiment isbgetting very fragile now ans i chosen to take profit last week. I told myself if it runa this week i will just bang my balls hard and just move on. Most of time when we chased we will get hurt badly....lol.
Thats how i feel bro.. cheers
2020-09-01 11:52 | Report Abuse
Market looks exhausted especially penny stocks....market is looking for impetus to push... i got the feelings all tge operators are slowly withdrawing from the market...thats my personal view. I could be very wrong
2020-09-01 11:49 | Report Abuse
Willee2 and samflyer.....looks like it...regret didnt sell all at above 65.
This morning and last friday also fake up a bit and then stay down. I Took profit first and come back later...all the best comrades!
2020-08-30 11:07 | Report Abuse
Today i yam cha time i asked my uncle for tips. He said” now u can look at the beravement stock the nirwana stock” i ask why so good meh? A lot people die meh? My uncle said” after my last recomendation, now u can buy the bereavement cos many people would have jump down the building or the bridge”
I said to uncle, “ uncle u r so good. Actually u can create the potential of a stock so well “
2020-08-29 11:21 | Report Abuse
It seems the big volume of 20plus million the other day well absorbed. Onlyvfew explanations..1) operators push up spread news and retailers all buy into it and pick up the shares and wait for more news or 2) insiders knew of something and bot into it or its just a one day show from 56 to 70 and all the way down yo 585.
Whatever it is, lets hope its for the better but personally i do not feel comfortable when there is a wild swing in price...that is a signal that it is highly volatile that anything can happen and any price is possible...i will trade with cautious....hooe everyone does...cheers and have a great weekend!
2020-08-29 10:30 | Report Abuse
Just spoken to my uncle, he said why all tbose of is so naive just listen to what he said during a fishing trip. He said when he is outing he likes to talk cock a lot....lol :)))
2020-08-28 16:13 | Report Abuse
Its obvious operators started collected a week ago when price touch 18. They knew they will annoince the alipay news. They planned and timed it roght after they have collected enough from 18 to 205....bilis like us jump in some lucky at 22,23,24 and sold at over 30. Those came in late jump in above 33. And also those who have taken profit earlier jumped on again above 30 and now trapped.
Operators know the game very well....we can only hope for the best and prepare for the worst....all the best and hope there is support at 4:30pm.
Cheer!
2020-08-28 12:00 | Report Abuse
Dun think the big shots acquited at high price. The price never revealed.
2020-08-28 11:48 | Report Abuse
When they dumb will be continous chunk by chunk
2020-08-28 11:46 | Report Abuse
T800... bro... if its T2 is even worse. T3 the pressure will b there. If u hve profit lock in.
Nowadays cant b greedy.
2020-08-28 11:38 | Report Abuse
We can never know how much those big shots paid for the shares. They ate obliged to announced acquisition but not the price. And most of time they will announce many days later after the price pushed up to create good impression and confidemce to bilis like u and me...we have to know and learn their tactic. When they annoinced their stake. That is the time webhave to be weary especially when the price is so much lower than current price.
Any logical person or businessman will be tempted to lock in profit...its natural...
No means to offend anyone. I also wish it will go up. But we have to take few steps back and cool off a bit...dun be victimised by the cunning operators.....all the best, cheers!
2020-08-28 11:14 | Report Abuse
Sharks already collected feom 18 last week before the annoucement...now is the time to lock in their profits...dun read too much into buy q.
2020-08-28 10:36 | Report Abuse
Xox already gg...other penny stocks may follow suits...
2020-08-28 10:34 | Report Abuse
To all my drar comrades...today and next week big volume due...just be kful
2020-08-28 09:39 | Report Abuse
But dun follow me...just my personal voew. I could be wrong. Cheers. All the best
2020-08-28 09:38 | Report Abuse
I think if can run half run forst...thats how i feel
2020-08-28 09:23 | Report Abuse
Iristan...today up or down?
Stock: [ANCOMLB]: ANCOM LOGISTICS BERHAD
2020-09-02 18:22 | Report Abuse
Kok heng comrades...thanks for your insight again...from what i read, i guess there is no hurry in getting in as the price will not move up much. Whenever there is weakness just do the collection. Thats whatbi gather from your infors. Correct me if i m wrong.