Analyst8, Thanks for sharing. I managed to exit early after reading your comments. Now, I can sleep well.

Not all right issues are bad esp it is for new business plan or projects. It's new business plan is into renewable energy. Banks used to issue rights including Public Bank for its operation requirements. Are we saying these company are badly managed? For those companies which issued rights due to depleting capital is different case. Anyhow, it is up to individual investors whether you are convinced with its business plan and the potential of the company.

This share is slow but steady. You will not regret for investing in counter of this nature.

Therefore, do not pass judgement before the conclusion.

Thanks for sharing, nomanland.

Today, there are good news and bad news. Crude oil is up but Dow was down yesterday. So, how this counter will perform today?

Tqvm for your kind explanation.

nomanland, With your explanation, I can interpret your chart better now. However,what is the Green line of the first chart represent? How is it different from the red one?

nomanland, Thanks for the detailed explanation.

nomanland, what does the Green line of the graph represent? I guess the red line represents the price, isn't it? Any good website that can explain this well to normal layman?

Healthy Correction. WTI stabilizes around US 45.

It went down to 0.32cts previously due to foreign fund managers exit Malaysia but others see this as opportunity to accumulate the shares. Therefore, it appreciated back to 0.40cts. This was also the case in 2008 but I missed the opportunity in 2008. Counter with such strong fundamental is always in the portfolio of fund managers.

I have said this is not a speculative counter. You do not look at it every day and expect a big fluctuations. This is the counter suitable for long term investment and the intrinsic value will be reflected one day.

Can you share your basis to derive the Tp 0.75?

jayawin, Thus far, your info seems to be quite accurate. Today closed at RM0.585 as per your info yesterday. What is for tomorrow?

Anyhow, the public spread for this counter is not much. Out of the 1.2Bil, Mustapha Kamal and P.Kasi are holding almost 64%. Therefore, can push up easily if they have the intention.

I would say this is not a speculative stock. When the whole market is down, you don't expect this stock to continue trending up. I bought this counter 2 years ago with average price of RM0.30. With the current price and dividend paid, my return is almost 50% over 2 years. Therefore, it boils down to the investment strategy.

Pls look at Bursa announcement. The main shareholder is accumulating the shares from the open market.

Anyhow, this company has strong fundamental with almost zero gearing and pay good dividend.

Judging from the solid support at RM0.40 for the past few weeks, I believe the corporate exercise is brewing.

It is 2 cents.

nemesis, Thanks for the kind info. Then, I must call the Registrar to check.

nemesis, have you received you dividend payment?

Have you all received the dividend payment? I have checked my account but till now has not been credited. Any of you know what is happening?