Followers
4
Following
0
Blog Posts
96
Threads
800
Blogs
Threads
Portfolio
Follower
Following
2021-10-28 09:28 | Report Abuse
CONGRATULATIONS to those who profited from IREKA which made a high of 0.730 for a WHOOPING 7.5 cents gain
https://klse.i3investor.com/blogs/Bursa_Master/2021-10-23-story-h1592853272-HUGE_POTENTIAL_EARNINGS_AHEAD_FOR_THIS_CO_A_POTENTIAL_TAKEOVER_TARGET.jsp
Regards
BURSAMASTER
2021-10-06 19:56 | Report Abuse
M&A to list on Bursa with reverse takeover of SYF
CORPORATE NEWS
Wednesday, 06 Oct 2021
6:24 PM MYT
KUALA LUMPUR: Insas Bhd has proposed to inject its wholly-owned subsidiary M & A Securities Sdn Bhd into SYF Resources Bhd.
Under the proposal, Insas will dispose of its 100% equity stake in M&A to SYF, comprising 100 million ordinary shares and 60 million redeemable convertible preference shares, in exchange for 1.58 billion new SYF shares, valuing M&A at RM222mil.
In a statement Wednesday, Insas said the proposed M&A disposal was essentially a backdoor listing of M&A via SYF, which would enable Insas to create a separate listing platform for M&A on the Main Market of Bursa Securities.
“The listing status of M&A Group on the Main Market of Bursa Securities will enable it to raise its future equity and debt funding requirement through the capital market independently from Insas Group, expand its customer base, as well as retain and attract new employees from the financial services industry,” it said.
Upon completion of the proposed M&A disposal, SYF will see a name change to M&A Capital Bhd, which will be principally involved in the business of financial services via M&A Group.
Insas will emerge as the new controlling shareholder of SYF with 75.9% stake, from 8.8% currently. It will also seek an exemption from undertaking a mandatory offer for the remaining shares in the company.
As part of the overall proposal to transform SYF into a financial services group, SYF has proposed to dispose of its rubberwood furniture manufacturing arm, and two parcels of lands in Cheras for a total consideration of RM71.2mil cash.
Subsequently, SYF intends to undertake a special dividend cum capital repayment exercise of RM102.4mil or 18 sen per share to reward its shareholders on an entitlement date to be determined later.
It said the special dividend of seven sen and capital repayment of 11 sen per SYF share would be funded via proceeds from the proposed SYF disposals, with the remaining from existing cash in SYF.
Concurrently, SYF also proposed a one-for-two rights issue of its shares at 14 sen apiece to raise approximately RM39.8mil; as well as a restricted issue of approximately 10% of its enlarged share capital after the proposed acquisition of M&A, also at 14 sen per share, to raise RM30.2mil.
The application for the proposals is expected to be submitted to the relevant authorities by end December 2021.
Subject to approvals from relevant parties including Securities Commission, Bursa Securities as well as shareholders of Insas and SYF, the proposals are expected to be completed in the second half of 2022.
2021-05-01 20:00 | Report Abuse
THANK YOU VERY MUCH, MR KOON FOR YOUR INVALUABLE INSIGHT IN WRITING THIS ARTICLE / OBSERVATION. YOU ARE RIGHT TO THE DOT. ITS ALL ABOUT THE BASIC ECONOMIC FUNDAMENTAL OF SUPPLY AND DEMAND.
WHEN SUPPLY BECOMES MORE THAN DEMAND; NATURALLY PRICE SHOULD DROP. FOR INSTANCE DURIAN PRICES WAS ONCE VERY HIGH BUT AS MORE PEOPLE START PLANTING DURIAN TREES; THE PRICE OF DURIAN KEEP DROPPING; HERE AGAIN BACK TO THE BASIC FUNDAMENTAL OF SUPPLY & DEMAND.
FURTHERMORE , GLOVE MAUFACTURING IS NOT A TECHNOLOGICAL HIGH ENTRY BUSINESS. MORE AND MORE COMPANIES WILL COME IN FOR THE ARBITRAGE.
HATS OFF TO YOU SIR
2020-12-07 11:27 | Report Abuse
CONGRATULATIONS to those who profited from gob, it made a high of 0.665 this morning. I BELIEVE MORE TO COME FOR THIS SMALL CAP COMPANY WITH GOOD RECENT QR
2020-12-07 09:35 | Report Abuse
CONGRATULATIONS to those who profited from gob, it made a high of 0.60 this morning.
2020-09-16 20:55 | Report Abuse
CONGRATULATIONS to those who profited from HIAPTEK which made a high of 0.285 and its warrant, HIAPTEK-WB made a WHOOPING JACKPOT of more than 100% gain to 0.085 yesterday.
2020-08-22 00:21 | Report Abuse
CONGRATULATIONS TO THOSE WHO PROFITED FROM SYSTECH TODAY.
TO THOSE UNBELIEVERS, EATING THEIR HEARTS OUT.
2020-08-20 16:10 | Report Abuse
NOTED WITH THANKS; I WILL LOOK INTO LUSTER TOO
2020-08-14 00:14 | Report Abuse
CONGRATULATIONS TO THOSE WHO PROFITED FROM MINHO & MINHO-WC TODAY.MINHO MADE A HIGH OF 0.47 FROM YESTERDAY 0.305; WHILST THE MADE A HIGH OF 0.245 FROM YESTEDAY'S 0.07 .
2020-08-14 00:13 | Report Abuse
CONGRATULATIONS TO THOSE WHO PROFITED FROM MINHO & MINHO-WC TODAY.MINHO MADE A HIGH OF 0.47 FROM YESTERDAY 0.305; WHILST THE MADE A HIGH OF 0.245 FROM YESTEDAY'S 0.07 .
A VERY BIG JACKPOT TO THOSE BELIEVERS.
i HOPE DOMPEILEE QUIETLY BUY TOO.
2020-08-13 23:56 | Report Abuse
Sorry for the mistake. amendment done. Thank you
2020-06-15 12:44 | Report Abuse
CONGRATULATIONS to those who profited from HBGLOB... it made a high of 0.125 on underlying poor market sentiments.
2020-06-09 20:42 | Report Abuse
https://klse.i3investor.com/blogs/Bursa_Master/2020-06-09-story-h1508700516-MOST_O_G_LINK_STOCKS_HAVE_RALLIED_YET_THIS_STOCK_IS_OVERLOOKED.jsp
MOST O&G LINK STOCKS HAVE RALLIED, YET THIS STOCK IS OVERLOOKED !!!
2020-06-09 14:11 | Report Abuse
9 JUNE 2020
MOMENTUM TRADING OPPORTUNITY
KEYASIC ( 0143) Technology, Main Market
TECHNOLOGY Index gained a whooping 2.8% to 39.71 pts on Bursa Malaysia just behind CONSUMER PRODUCTS Index which gained 2.87%.
I noticed KEYASIC lagging behind. I posted below some Exerpts on KEYASIC
KEYASIC has been trading above its upward sloping 20-Day Moving Average which is a good sign, Furthermore, the next resistance level is quite far at 0.130.
Exerpt.. "We have started the design platform of the next generation of ventilators that is powered by the latest Internet of Medical Things (IoMT) and Artificial Intelligence (AI) technologies as they can provide significantly better therapeutic effect to patients and enables frontline healthcare professionals to control the ventilators and monitor the patients from a distance or remotely, ” said chairman of Key Asic Eg Kah Yee.(pic)"
https://www.klsescreener.com/v2/news/view/676077
https://www.thestar.com.my/business/business-news/2020/06/06/bringing-tech-to-malaysias-industries
http://www.keyasic.com/asic/iot-enabler' target='_blank'>http://www.keyasic.com/asic/iot-enabler
http://www.keyasic.com/asic/ai' target='_blank'>http://www.keyasic.com/asic/ai
About KEYASIC
Key ASIC Berhad provides turnkey application-specific integrated circuit (ASIC) design services for consumer, wireless, and personal electronics applications. The company offers system-on-chips (SOC) for .13u CMOS and .18u CMOS that provide various IO, CPU, and analog functions for next multimedia or wireless design. It also offers data processing, data management, disk based back-up solutions, telecommunications, office automation, network infrastructure, and intelligent storage networking support services. In addition, the company provides prototyping shuttle services, which provides a solution for ASIC customers to prototype their products; and IC design services, such as register transfer level (RTL) and production. It offers a high integration solution for WiFi handheld phones and dual-mode cellular phones through VoIP SoC products, which are based on a high performance processor that integrates various peripherals, including the WLAN base-band circuitry required for WiFi access. The company is based in Petaling Jaya, Malaysia.
http://www.keyasic.com/
BURSAMASTER SCANNER HAS IDENTIFIED THE ABOVE COUNTER FOR POSSIBLE TRADING OPPORTUNITY
Regards
BURSAMASTER
P/S : The above opinion & observation are just my personal views for learning & sharing purposes and should not in anyway be construed as a 'BUY CALL".
2020-06-09 13:09 | Report Abuse
CONGRATS!!!!... to those who profited from ECOHLDGS which made a high of 0.20 this morning
2020-05-29 02:06 | Report Abuse
29 MAY 2020
COUNTER : KARYON (Code 0054,MAIN Market, Industrial Products & Services)
Undervalued gem & under looked with DIVIDEND YIELD : 2.65
KARYON has been trading above its upward sloping 20-Day Moving Average which is a good sign indicating players enthusiasm to see it moves higher. Furthermore, the next resistances are 0.185 & 0.20. Monitor for the breakouts
52-week : 0.08 - 0.20
So if it is able to break 0.20 conclusively, then we should see a higher level possibly 0.25/ 0.30
Thus with increase in demand of face mask due to COVID19, KARYON would be roped in to fulfill this demand by supplying more of the plastic polymers required for the industry
Quarter Results (QR) has been approved to be released by 30 June 2020 as per announcement by the company dated 22 May 2020
TRADE AT YOUR OWN RISK.
The above is just my personal opinion & observations for learning purposes & should not in anyway be construed as a "BUY CALL".
Regards
BURSAMASTER,
2020-05-28 19:59 | Report Abuse
Cambodia power plant boosts Mega First 1Q net profit to RM57.4m | https://www.klsescreener.com/v2/news/view/682325
2020-02-23 11:00 | Report Abuse
I have made a short write up on this stock, you may refer in below link:
https://klse.i3investor.com/m/blog/Bursa_Master/2020-02-22-story-h1483908829-WORST_IS_OVER_FOR_THIS_COMPANY_RENEWED_BUYING_INTEREST_EMERGES.jsp
2020-02-22 21:00 | Report Abuse
As you are aware, our index is at a 5 year low (the last time index hit 1503 as in August 2015)
For the time being, the safer strategy is to focus on stocks with good fundamental and business..therefore stocks like PWROOT, MASTER, UNIMECH & GUNUNG which I had written about before, have been making positive strides as compared to a few other penny stocks..
Hence therefore, the reason I am highlighting HENGYUAN as a potential alert, as HENGYUAN is a big cap counter which means minimized risk as compared to mid cap or penny stocks..
2019-11-10 19:24 | Report Abuse
Warrant..more appealing...QR should be good based on several research paper
2019-05-03 20:36 | Report Abuse
Expect it to break 0.80 next week
2019-05-03 20:33 | Report Abuse
Bull has come...started today gained 15%
2019-04-25 17:33 | Report Abuse
G3 GLOBAL
Puzzling run up probably due to the hype on AI (Artificial Intelligence) & PM Mahathir current visit to China including a visit & discussion with SENSETIME GLOBAL LTD; a market leader in AI.
G3 is in collabaration with Chinese firms to set up US1 billion AI park in Malaysia
However, interestingly the rise in price was on low volume.
Will it be another DWL???!!!
CAN DWL HIT LIMIT UP TODAY? YET TO BR SEEN
Perhaps the news articles below dated 10 & 11 Apr can shed some light :-
G3 Global partners Chinese firms in US$1b AI park | https://www.klsescreener.com/v2/news/view/514573
G3 Global partners Chinese firms in US$1b AI park | https://www.klsescreener.com/v2/news/view/514799
News article dated 24 Apr 2019:-
PM arrives in Beijing for Belt and Road Forum | https://www.klsescreener.com/v2/news/view/520294
He will also visit Sensetime Ltd, a global leader of Artificial Intelligence (AI) technology and hold a dialogue session with China's captains of industry as well as the private sector to try to entice them into investing in Malaysia.
2019-04-25 17:31 | Report Abuse
G3 GLOBAL
Puzzling run up probably due to the hype on AI (Artificial Intelligence) & PM Mahathir current visit to China including a visit & discussion with SENSETIME GLOBAL LTD; a market leader in AI.
G3 is in collabaration with Chinese firms to set up US1 billion AI park in Malaysia
However, interestingly the rise in price was on low volume.
Will it be another DWL???!!!
CAN DWL HIT LIMIT UP TODAY? YET TO BR SEEN
Perhaps the news articles below dated 10 & 11 Apr can shed some light :-
G3 Global partners Chinese firms in US$1b AI park | https://www.klsescreener.com/v2/news/view/514573
G3 Global partners Chinese firms in US$1b AI park | https://www.klsescreener.com/v2/news/view/514799
News article dated 24 Apr 2019:-
PM arrives in Beijing for Belt and Road Forum | https://www.klsescreener.com/v2/news/view/520294
He will also visit Sensetime Ltd, a global leader of Artificial Intelligence (AI) technology and hold a dialogue session with China's captains of industry as well as the private sector to try to entice them into investing in Malaysia.
2019-04-25 17:28 | Report Abuse
G3 GLOBAL & GPACKET GPACKET-WB
AFTERNOON SESSION continue to monitor G3 GLOBAL; GPACKET & GPACKET-WB.
I PREFER GPACKET-WB as the mother is trading at the warrant conversion price.
With the outcome of our PM visit to China especially to SENSETIME LTD, a GLOBAL leader in AI (Artificial intelligence) with a dialogue session to try to entice them & other Chinese AI firms to set up their business most probably in the yet to be opened AI PARK to be developed by G3 GLOBAL and their Chinese counterparts.
PM Mahathir has also a passion for AI & IT.
GPACKET which has a 32% stake in G3 GLOBAL should benefit from this euphoria.
I BELIEVE THE RUN UP IN G3 GLOBAL & GPACKET SHOULD CONTINUE TO RALLY IN THE COMING DAYS.
Blog: Please pray for my mum’s health
2021-12-14 11:14 | Report Abuse
I am very touched to see such love demonstrated for the love of a mother. i pray that your mum will be back on her feet in no time. May the blessing of God be with her always.INSYALLAH