Momentum Catalyst
▪️NWP appointed new Exec Director Datuk Chu Boon Tiong as announced 23Sep 2020
▪️Chu is also the ED of ITRONICS (9393)
▪️In August, ITRONICS moved from a low of 10 sen to high of 40 sen, in tandem with announcement of a major investment by a China firm linked to Chu

https://www.nst.com.my/business/2020/08/618867/chinas-zodiac-invest-rm15bil-initially-malaysia

▪️Given Chu's IT business background from his various corporate profiles, NWP's recent movement could be an indicator of new developments to be made public soon. The only question is would Chu steer NWP towards the IT sector, or expand its current core business in timber/logging
▪️the private placement was announced on 13Oct, less than a month of Chu joining the board as ED. Sources privy to the fund raising has shared that the exercise is intended to raise cash for the company to take on new projects "very soon"

▶️Support level seems to be strong at 15sen, with resistance at previous high of 20-22sen
▶️If indeed the new ED can deliver projects or new biz with a WOW factor, NWP would no doubt have a strong run, given its penny stock nature and past trading patterns with strong bursts of buying volume

NIIS announcing award soon?

Hopefully new owner bring new life to this co after so many years...

Someone from my tele group posted on NWP. seems like can run.

TP RM1 no problem

big boss jack up n cash out shares, watch and see.

Use Rubberex profit to pump own Hextar, wise boss!! Thenkiu!!

Profit locked in for next 2, 3 years... but all priced in during the last super rally. Now that it stabilised, start of a new rally?

(i) Under the SSA, Dato' Seri Chia has undertaken that he WILL NOT SELL, DIVEST,
TRANSFER or TRADE any of the Consideration Shares to be issued to him and his
current shareholding in Vivocom for a period of 3 YEARS from the Completion
Date and throughout the Profit Guarantee Period until the achievement of the
Total Profit Guarantee ("Moratorium Shares"). Should the Total Profit
Guarantee not be achieved, the Moratorium Shares may be subject to sell
down by the Company to satisfy any Shortfall to Purchaser; whilst

(ii) Under the Subscription Agreement, the Placee has undertaken that he WILL NOT SELL, DIVEST,
TRANSFER or TRADE any of the Subscription Shares to be issued to
GKPSB for a period of 1 YEAR, with an option to extend for another year from
the Completion Date, to ensure that his commitment with the Company.

Both major shareholders committed to NOT SELL the new shares issued to them for 1 year and 3 years. STEADY!!

Warrants should be listed by this week Thursday/Friday.

CPO price at high range, should benefit agrochem companies as plantation companies spend more on estate management supplies.

Forming support base at 84 sen, managed to catch some at low prices Friday. Awaiting coming good news and development for the group.

https://www.malaymail.com/news/money/2020/09/05/fermpro-invests-rm20m-for-expansion-increases-ethanol-production/1900422

Fermpro to double capacity of ethanol production from 5million to 10million litres per annum.

For comparison Hexza is currently the largest ethanol manufacturer in Malaysia at 9million litres capacity.

This would mean Fermpro under Nylex would be the number 1 taiko of ethanol in Msia

https://www.facebook.com/itradeislamicmy/videos/3266177536837023/

Last year drop in revenue and profit due to flood in US, drought in Australia, and MCO early 2020.

Now back to full speed with better results coming

Q2 results will be better than Q1... market gonna have a good shock this time hehe

Announcement keep delay due to political uncertainty... Uncle Din afraid announce then kena backlash. Lesser momentum for Iris now

Despite US market drop and overall KLSE drop, Symlife steady holding well... Next week uptrend UP!!!

goodgain, where you see their announcement on conference briefing? Anyone attending here and how to attend?

Weak market today. Sarung tangan sapu lantai hihihi
Somemore people react to announcement of director dispose shares.

Supermax bridge is falling down~~~

Fund managers happily take profit while retailers chase based on new TP reports issued by brokerages. Beauty of the current market :)

Usually when people shout buy the loudest is when they are most desperate to sell. If not how all the gurus make money...hihihi

NEW director appointed to ALB.

Why need appoint NEW director at this juncture leh? Think think abit... must be S5 wanna to monitor board action?

Deal is ON!!!

Heard Iris may get new NIISe award? If get then rocket to RM1!!!

Conspiracy theory: S5, MyEG gang whack market price to RM1
ALB issue at 10 sen, so 9b shares issued.
To comply with public float, new owner will place shares out to important VVIPs

VVIPs can then cash out in market at high price, fund raising activity for big big event coming up soon.

Disclaimer: conspiracy only LOL!!!

First hour detox, flush out T+2 players. Now game start.

Heard there was online briefing by ancom management. Anyone can share the key summary or any important info? MAnagement steady ma?

Just cut loss here, so painful. Will wait patiently for better announcements before consider again.