gonna switch to others high potential counters... see you

i got 15k lot in hand, later i will throw at 0.300 and 0.295 take profit...good bye all

today will close at 0.295

yes 0.300 clear!! but should be other ppl not solidwater

Don't pay much attention to what solidwater says. He likes to shoot the bull.

http://www.thestar.com.my/business/business-news/2016/01/18/abric-plans-cash-distribution-of-43-sen/

Monday, 18 January 2016 | MYT 7:10 PM
Abric plans cash distribution of 43 sen
BY JOSEPH CHIN

KUALA LUMPUR: Cash rich Abric Bhd plans to distribute 43 sen a share totaling RM63.90mil to its shareholders under a corporate exercise which will lead to its delisting from Bursa Malaysia Securities.

Abric, which is a Practice Note 16 company, had on Monday proposed a capital reduction and repayment exercise and a special cash dividend.

On Dec 16, 2014, the company was classified a cash company after it had received substantial cash proceeds from the sale of its entire core business.

Since then, Abric had been actively trying to identify suitable business opportunities to regularise its condition.

It said Bursa Securities had given it up to June 10, 2016 to submit a regularisation plan to the Securities Commission. However, the board had considered numerous business opportunities to regularise its PN16 condition and felt it was appropriate to distribute the company’s assets back to its shareholders.

“Accordingly, the proposed distribution and de-listing represents an expedient way to distribute substantially all the company’s cash reserves back to its shareholders pending completion of the winding-up process,” it said.

Abric said based on its paid-up capital as at Jan 15, 2016 comprising 140.51 million shares and 8.06 million outstanding warrants 2011/2016, the proposed distribution and de-listing will be up to RM63.9mil.

“The company intends to fund the proposed Distribution and de-listing through its existing cash reserves, including its cash reserves placed in the custodian account,” it said.

Trading was suspended on Monday and its last trading price was 51 sen.

Recall in its 2013 annual report, Abric noted that it was a leading security seal provider selling to 88 countries.

The company, established in 1983, has a patent for a security seal which was initially used for the plantation industry in Malaysia. The security seal design is now a global industry standard.

let see tomorrow.... treat or trap... hehe. I got myself 300k unit at average price 0.342

i think tomorrow klci will gap down, as you can see this is a fake up push by local, they only choose few shares that easy to push up to make the index upside

sell 0.405-0.410 this morning earn 15k... just now buy back 0.340 when panic sell.

has tried my best to push it to 1.83 just now... but got people keep sell down to 1.77...faint

warrant gonna hit 0.150 afternoon

come on!!!!!!

CA better...

get your seatbelt...

run run run... will collect CA again when 0.025-0.03

thanks ICON, contra made 13k bucks from son CA, buy 0.040 last week sell 0.05 today... I will be back some day

yahoo... tomorrow fly to the moon

go go go today break 2.00

glad to see today trading volume is yesterday's half. this is a good signal.

cheap sale...should stand 1.00 next week

Today will stand on 0.800, ca 0.070

damn who dispose?

rebound?

dunno who bitch keep throwing few lots at 1.05

con case

recover soon. today 0.250 first

got show later. stay tune

so you mean systech is currently down trend based on this chart?

so what does it mean to systech?

dont worry. systech will back to 0.300 in very short term

agree with AhMoi

lim88 stop promoting CY lah, high premium not worth to it.....

lim88 i guess you contra a lot CY...

all counters open with low volume, bursa system was attacked by alien...haha

this morning all ib system got problem

oil price strong buy call

better buy mother share +1, tomorrow mother will rebound

lim88 you collect many call warrant? keep asking people to buy it... premium too high

now move one tick will make me gain/loss RM2000

i loaded 0.230 350k units to average down my buy price, tomorrow should rebound d

tomorrow rebound

damn who throw so many at 0.24

go go go 4pm start goreng

today 0.300!!!!!

0.240 clear!!!

0.300

hold!!!!!!!!!!

berakah you shark or suck

someone clear the road block 0.25 please

i hold 150k unit at 0.275....pengsan