No way it is going anywhere near 0.80 by end of Feb!

It's useless. It will lock your investment here for at least the next 6 months. Wait till it start to rocket off before parking your money here.

Surely this cannot happen without making another GO. Where are the watch dog regulators?

That is the way to go. Slight improvement in sp, day by day with volume is the way to go.

Exactly, is this going to ever take off past 0.60? Another $5M loss on the 3rd qtr from their glove experiment. Glove venture has been down from day 1, costing a fortune. When is that ever going to turnaround. Maybe sell the whole lot including the buiding as a package.

2023 might be the revival of Sapura Energy.

No CNY Ang Pow here. it's going to take at least 1/2 year to show something.

I believe the issue price for private placement is set at 0.69. The idea is for those taking up the placement, to sell what they are holding at 0.80 and then take up the placement. Does that sound right?

By the way who is this African nation?

Watch out. Tomorrow will be round 2 run before a retracement. Have to be higher than 0.05. Too many buyers holding stock at that level that cannot be off loaded to make a decent profit.

Mah Sing Ends 2022 with top accolades, sets higher benchmark for 2023 with minimum RM2.2 billion sales target and hunts for more lands.
https://www.theedgemarkets.com/content/advertise/mah-sing-ends-2022-with-top-accolades-sets-higher-benchmark-for-2023
Just need to walk the talk. Just start showing in the selling price. 0.575 is not helping.

Turnover @0.05 is at least 3x 0.045. The support is going to be 0.05

The 0.05 won't be there tomorrow. Too many buyers prepared to take out the sellers. Highest turnover @ 0.05 so far.

Sure is a couple of million shares in the last few transactions.

Is this worth 0.10?

Big volumes. Top turnover !

"However, it should be noted that the trading of Serba Dinamik’s shares will be suspended again next Wednesday (Jan 18) until further notice, as the court had granted a winding-up order against the company."

Auditor finds Serba Dinamik has unverified assets, liabilities, revenue and expenses totalling over RM12 bil.
https://www.theedgemarkets.com/node/651734

Another chance to run, can always come back if you want to gamble later.

Not going to get rich trading on this miserable counter.

Should be delisted

Mah Sing optimistic about property prospects for 2023.
https://www.theedgemarkets.com/node/650265

Same, same story. Just doesn't reflect in the sp.

One year later and they still can't come up with a regularised plan, looking for a further extension of time. What have they been doing all that time?

It will take at least 2 years for it to climb up to RM2. It will not automatically get up there. It is a control stock with FELDA'S % holdings greater than what is allowed. Should be forced to make GO.

You will be waiting for a long time for it to get to 0.76

What is the pointof all these postings? You can't get on OR off, bit too late.

Are those Directors working for what they are being paid to do? Pathetic!

KYY only comes here when he is off loading.

kltrader
If you follow BIMB call target @ 0.80 you will go broke. It might take 9 months to get there. You will be lucky if it can reach 0.55 before CNY.

I thought the private placement is part payment to the shareholders of TJE.

Merry Christmas and many happy returns for the New Year.

They need CBB. Hanifah hasn't got the skill to tweet this.

"While aiming to “regrow” Datasonic, Hanifah also has an eye on the group’s warrants. He directly owns 6.68 million of Datasonic’s Warrant A, and has 55.51 million units indirectly.

The Warrant A matures on July 5, 2023. They have an exercise price of 54 sen each. At the current share price of 50 sen per share, and the warrant’s price of 5 sen each, the warrant is trading at a premium of nine sen, or 18%, to the mother share."

This will result in a dilution of Eddie's shareholding stake. It's a matter of time before Eddie starts accumulating more shares to even get back to at least his previous stakes holding.

Botak must be still overdose on DURIANS from his farm.

MACC should start an investigation on who gifted the Richard Mill watch, first spotted on MOO's hand about the time he decides to cancel the SKIN project. Would have been up an running by now.

Shouldn't they be on a wind up proceeding by now?

HLIB buy call with a target of 0.93 has got to be joke! If they got it right there will be alot of millionaires.
HLIB maintains 'buy' call on DNeX, trims target price by 14% to 93 sen.
https://www.theedgemarkets.com/article/hlib-maintains-buy-call-dnex-trims-target-price-14-93-sen

Still in downtrend. Getting worst every day!

CBB is doing his shuffling act again. He might not be part of the active management team, but he is still a substantial shareholder and he is looking after his investment.

Time is right to revive HSR, says Johor exco member.
https://www.thestar.com.my/news/nation/2022/12/13/time-is-right-to-revive-hsr-says-johor-exco-member

Looks like it is time to get on before the HSR / Bandar Malaysia project starts to come back on the table for assessment by Anwar's team. By the time it looks like it is on, the price would have taken off.

JOH and PM meet at Kampung Baru before prayers. Possible deputy finance minister?
https://www.nst.com.my/news/nation/2022/12/859255/pm-kg-baru-meet-people-perform-friday-prayers

Looks like post acquisition of 100% of T&J Engineering might inject further projects into Opcom. The issue price for part consideration is 0.8179.
Read section 4.1 of the multiple proposals pdf (rational of the proposals, page 15)

Gaussian
Are you referring to Tengku Zafrul Aziz (TZA)? No big news, he only just got into MITI. Will need months before he can pull something out.

"Observers believed that while Rafizi, a chartered accountant by training, was capable of helming the ministry, Johari might have the edge.
One industry source said Johari, apart from possessing experience as a former second finance minister, is a corporate magnate and known as an expert on turning around ailing companies.
Johari rose to prominence when he helmed KFC Holdings Bhd and QSR Brands Bhd in the 1990s, and later gained a reputation for helping ailing companies get back on track, evidenced from his time with CI Holdings and later, KUB.
"While he is a politician, Johari fits the technocrat bill to a tee. With his experience and ability, it would be interesting to see what changes he can effect if he was given the role," said the source."

It's our bad luck that he didn't make the cut to show us what he can do.

https://www.nst.com.my/news/politics/2022/12/856497/technocrat-ministers-can-help-country

3LACKnWHIT3
Yeah CBB is not actively in the picture but he is still a substantial shareholder and he has got his nephew CCH as a Director naybe acting as his proxy. We miss the "TALENT" of CBB in closing the major deals as well as keeping the price reasonably high. Am not sure if the current crop of management has got any connections. The new govt policy of tender for every job is not going to mean you will loose the tender. If they have the right connections they can get inside information of what price to beat. All depends on who is in charge of "Home Ministry". No corruption here just abit of lending hand. This is Malaysia, anything is "BOLEH".

20% proposed private placement fund raising?

With results like that why is it going backwards ?

faridfet
My sincere apologies. Last time I was looking at it he was behind. Didn't check final results.

Don't forget some of the earlier buyback are as high as 0.515