pump and dump ;D

pump and dump only lol

pump and dump lol be careful worthless counter.....5 cent on a good day ;D

WoW.....looks like almost a 2% drop in the premarket. Big money "financial establishment" is taking profit.

Hello @ trader66, what new projects in the works have you heard of in the near future might I ask?

Remember when DPS sold the land under the Swiss Hotel for 11 mil it hit upper limit. What do you think will happen when general profit of 20+ mil hits the account? Last time at 11 mil was 0.40 upper limit.

When the insurance money is added as general profit DPS will limit up.

Do you really need insider information?!?! Almost 4 year battle to win the High Court decision. Do you believe they are not wise enough to have made the right decision? Everyone has a right to an appeal. Just have to go through the process. Dog and pony show. You have been warned already to get in so do as you wish. Happy Trading ;D.

DPS has already won the original court case. According to the law the insurance company has a right to appeal. Kind of like "what do you tell a man with 2 black eye's?".....answer NOTHING, he has already been told twice LoL ;D

On 26 September 2014, the Court had allowed SSB's claim and had awarded SSB a sum of RM19,496,398.90 ("Judgment Sum") and the cost of RM50,000.00 together with the interest rate of 5% per annum to be calculated from 14 July 2011 until the full and final settlement of the same ("Judgment"). MSIG subsequently filed a notice of appeal to the Court of Appeal against the Judgment and made an application for stay of execution of the Judgment with the High Court on 20 October 2014.

On 17 November 2014, High Court allowed the stay of execution of the Judgment but ordered the Judgment Sum be deposited into the plaintiff's solicitor account.

Numerous case management had been held pending compiling, finalising, filing of documents for appeal. Finally, the voluminous notes of evidence of more than 30 witnesses has been completed and is pending filing. On 16 June 2015, the Court has fixed the matter for hearing before a panel of 3 judges on 21 October 2015.

They have already won the High Court decision. Now it is up to the 3 Judge appeal decision when they get their money. The money was ordered to be put into DPS solicitor account a long time ago but the insurance company had an appeal. At least the insurance company cannot get interest from the money LoL!!!!!!

People like to see 1st then want to get in LoL. Most times it is too late. C 1st LoL. Happy Trading ;D.

To speakup: the government is printing more money and inserting this "new money" into the financial sector to stop the crash. The same is going on all over the world but cannot keep going.

It will happen fast.

Better be in it to win it BEFORE November.

Always watch the warrant to know IF this has any merit. Metals are going down faster than any other commodity. Perwaja is bankrupt. This may be a hostile takeover. Be very careful.

It is not the small fish (retail investors)(you and I) that are propping up the financial system. It is the central bank printing more and more money and inserting this new (counterfeit) money into the system and withdrawing the value wealth out. Just look at the banks, have they lost anything yet? NO, they are making money by trading paper for real assets.

Well it looks like maybe next year.....to be continued...............
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4783197

The insurance company has the right to appeal. You have to understand that DPS has won the High Court decision already so it is just a matter of time for the payout to be injected into the company as other income. I believe that the insurance company will pay up and cut more court fee costs to fight a losing battle. Why would you have insurance if you cannot use it when you need it?

Hello larryleow,

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4759637

look under Section B9 Material Litigation

On 17 November 2014, High Court allowed the stay of execution of the Judgement but ordered the Judgement Sum be deposited into the Plaintiff Solicitors’ account on a fixed deposit of the Plaintiff's Solicitors Account. On 20 November 2014, the sum of RM22,818,054.85 was deposited into the Plaintiff's Solicitors Account held with Hong Leong Islamic Bank Berhad. The Court of Appeal has fixed on 15 June 2015 as the hearing date for the appeal.

Hello LaoTze ;D. Getting close to the financial year end announcement. It would be nice to see the insurance money included as well. The money IS being held in DPS's solicitor account but will not be released until the appeal process is complete. In other words; DPS has the 1st part of the insurance money (22 mil +). This was ordered by the High Court to be placed in DPS's solicitor account. Besides this insurance claim, DPS is profitable again via their change in product focus.
Get ready ;D!!! Happy trading ;D.

Saltedfish, this may be true, however; because this is a publicly traded company, the insurance money will have to go through the company as profit for tax purposes. The government will definitely want their share.

LaoTze, the whole purpose of ANY company to offer stock is to raise money for the company. IF the company uses the money wisely and makes more money THEN company and investor make more money.
DPS management has made some bad business decisions AND has been injured by a fire. Any company will still owe debt even when they cannot produce any product. The management will have to get very creative in paying the debt. I believe that the insurance companies have held DPS back due to not paying the claim.
DPS is trying to do better with focusing on a more higher profit customer base. Also they are buying many, DPS engineered and designed, products from other companies and assembling a finished product. Remember that their manufacturing was what burned in the fire.
Once the insurance claim comes in then the stock will go through the roof. DPS still owes debt, therefore; the money will most likely be taken right out to pay this debt.
I like to be optimistic and believe this will be the case and that they will not just pocket the money.

LaoTze, I am well. How are you doing? Yes I am still holding my small stake waiting on the insurance settlement. Just remember that any profit has already been spent on the last fundraising event. Need the insurance money for this stock.

When you see WA moving then you will know what time it is. Watch the WA. Happy Trading.

This insurance money is what the director's are waiting for. The recent "fund raising event", double mother shares and introduction of WB, has taken up any recently made profit ++ some. Because DPS is a publicly traded company, the director's will have to insert this insurance money into DPS before they can take it out into their pockets by selling their shares. Look at their history if you have questions.
This is not to deter any from investing but to bring awareness to the nature of the director's. It would be so very wonderful IF the director's would show a truthful commitment to all shareholders. If you do not know what to do then find someone who does. Insanity is to keep doing the same thing expecting a different result.

Ignorance of greed and vanity keeps humanity blind. Here is one mans vision of what humanity could do united or civilized.

https://www.youtube.com/watch?v=bwJaLFMf7IA

Power play will be the daughter WA ;D

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1881181

When the 1st part of the insurance claim settles there will be a very nice move UP as well as when the 2nd part of the claim is settled. I need to know, with actual proof, what business they are doing and will be doing moving forward.

Try to contact them for information. We can share what they tell us ;D.

LaoTze, this is in the beginning. What are they doing now? Supposedly most of the factory burned down 4 years ago. If the insurance did not pay then what are they doing for business? They need to update the website with truthful and accurate data.

IF this will be true THEN there needs to be a complete change in management. Do you have any idea what actual business DPS is doing now? I have inquired about what they are doing and that they need to update the website with accurate data.

Someone buying in on the warrants?

asakura you are 100% correct. The "C's" of asiabio knew this was going to happen so they pushed for their gain.

Besides the RM 22 mil insurance settlement, which was ordered by the High Court to be placed in the plaintiff's (DPS) solicitor account, SSB will be going after HSBC for the remainder of RM 11.95 mil.
Please read the prospectus fully to understand DPS's restructuring.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1834101

All out on January 23rd.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1852809

I will be here waiting for rain to grow the money ;D. Have a wonderful weekend ;D.

Yes LaoTze ;D.....Friday ;D.

LaoTze ;D, you also can see the forest even though there are trees in your way ;D. Happy Trading ;D!!!!!!

Human nature will tell you that when people have bad experiences they will react negatively toward whatever caused them to have the bad experience. Burned by a stock then they will try to burn the stock LoL. No matter which end of the match you hold, you are still playing with fire.

My thoughts exactly ;D. I will hold you a place in line at the bank ;D. Happy Trading ;D!!!!!!

Hello LaoTze ;D. When do you think the RM 22 mil earnings be added? 1st quarter or 2nd?

You have to realize that this rights issue is "fundraising" for DPS and NOT shareholders. Once you really understand this then you can proceed accordingly. If you truly believe DPS has a future then invest but be prepared to be invested for a long, long time.
Please read their prospectus before doing any investing.

Keep your eye on the WA. The daughter will tell which way the mother will move.

DPS-OR already delisted. It could not even make the Jan 09 end date ;(. Sad Sad Sad!!!!!

Wishing everyone a Happy New Year !!!!!!!!!!!! ;D 2015 we all become millionaires ;D Happy Trading ;D !!!!!!!!

@nitestayer........you missed the point ;(. My point is that the market maker, hired to promote DPS, failed miserably. The whole point of rights issue is to raise money for the company. Do you see any money being raised? Too little too late.
As with any counter, entry timing is key, as we all know. The market maker has missed the entry point. Timing was in September. This is MY point.

Where would you go? It looks like there are traps everywhere. One day counters are up, 2 weeks + counters are down. Question is where is the bottom? All traps. Move from one trap to another. I do believe DPS has a future but it might be a long hold. Thank the worthless market maker for this horrible setup.