But Ageson is doing well after con 15:1, so it depends.....now Ageson is 0.40+ more than double its right issue price!

@BLee Thanks to your correction, I hold mine even tighter.
Wonder can share some insight into its PA?

Fast is also doing a share consolidation: 6 to 1. After consolidation, the ratio of NTA to price is roughly 5 times, similar to Ageson. So just bought some FAST.... may go the way of Ageson!?

Just wish to point out one thing now: After consolidation 6 to 1, Price become= 0.03*6=RM 0.18 while Net assets per share =RM 0.158(June QR)*6=RM 0.948, NTA/Price=5.3 times. Compare this with Ageson: NTA (Mar QR)=0.23, share consolidation 15 to 1 followed by right issue 2OR to 1, so NTA=0.23*15/3=0.23*5=RM1.15. The right issue was 0.20, so for those who subscribed, NTA/Price is roughly 1.15/0.2=5.75 times. As you can check Ageson then went up to 0.50+ and is now 0.38. Another similarity is they both have large value of contract deal. So, will the same happen to FAST after share consolidation? Personally I think it's likely, but I leave it to you!

With NAV=$1.22, and contract value in the $billion range, expect it to go back up higher!

@BLee Thank you for the correction! So it should be roughly 0.23*15/3=0.23*5=1.15....Nice that the numbers match. I mixed up with another company's consolidation. As for the QR, I now see the June report at i3 website. I also look at Bursa Malaysia website and funny that it does not show up there.

Just wish to point out that the Net Asset per share =0.23 stated in the most recent QR (ended 31 Mar 2022) is before share consolidation and right issue. Since consolidation is 6 to 1, right issue is 2OR to 1 share and basically fully subscripted, the Net Asset per share now should be doubled =0.23x2=0.46

Looks like keeping calm here in past weeks begins to pay off....

I feel calm as the bosses are not selling....thank you

https://klse.i3investor.com/web/blog/detail/sinchew_company_story/2022-09-05-story-h1628908102

Sold some, but still waiting for its solar business to fire up

The best thing is boss is not selling. Ageson's bosses also not selling after RI, and Ageson's price has since more than doubled! Will this happen to REX?

Yes, quiet one....but the WA is fetching ~0.085 and even 0.09! Mother should go back to >17sen soon? Its NTA is 26sen.

Correction to above: Profit making for last 8 quarters......

Profit making for last 7 quarters, last year dividend resumed, can expect this year?
One thing: MR DARMENDRAN don't sell but buy more shares!
Although tomorrow is listing date of right shares..... should be able to stay >160?

The price is quite resistant, remaining close to ex-price.... good sign to me

Don't like the way FITTERS is playing, but if the solar team pull off, this may be the cheapest solar counter!

@Highchaperal Thanks for pointing out.....I googled Ngu Tieng Ung and found
https://www.thestar.com.my/news/nation/2017/05/06/former-md-jailed-six-years-for-cbt-acquitted

yup, one thing...he admitted guilt, so hope the above will turn him around

Can tell which 3 companies he was responsible for collapse?

Pls correct me if wrong....
The installation of the irradiation plant
https://paultan.org/2022/02/11/ta-win-holdings-expects-new-plant-proprietary-tech-to-bring-fresh-contracts-amid-southeast-asian-ev-boom/

is delayed due to delay in getting the machine from China, but now China is opening up:
https://www.china-briefing.com/news/china-travel-restrictions-2021-2022-an-explainer-updated/

so got hope.....still patiently holding to my tickets, haha

Yup, patiently waiting for Metronic solar team to show results..... Samaiden and Solarvest showing up trend.......why can't Metronic go to 10 sen? Metronic ada Mr Chew Keng Yaw and En Mohd Dzamirhafiz plus 50m confirm+ 300m potential contracts! Sabar lah, tunggu durian runtuh, am holding to all my tickets, haha

Lucky have Ageson on my portfolio!

All shares related to Pang are doing badly? I don't know any one is doing well.

Thankful to Ageson bosses, haven't seen them selling....really help in shooting for 0.68!
Unlike Metronic whose major shareholder sold....

yup, 0.68!!...my next favarite number after 0.48!

@willc48 This counter is related to Zahid's daughter?

If more ppl believe in Ageson, hold tight then 0.68 should come!

@HK_Management
5000 lot buy from RM0.09 sold RM0.14 only profited RM285000.....

Check: 5000 lot*(0.14-0.09)=5000*RM 5=RM 25,000= RM 25k only.

What the **** BCM is doing? Bought and soon sell 12.2mil shares?
At least Fitters buy x mil and sell x-y mil!

Good news below though!
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=128467&name=EA_GA_ATTACHMENTS

So can go back up?

Great, Ageson is back!

Then don't convert warrant, just wait 6 months, see solar team can deliver or not. Meanwhile, relax sikit!

I think there's confusion. The 6sen is the conversion fee, not the cost of new WB. There is no issuance of new WB

Memang sakit hati lah, tapi think positive lah, tu 6 sen conversion pergi ke company sebagai capital buat solar business lor. Sakit hati sikit ok lah, jangan sampai sakit badan!!

Yah, sabar....waiting for my next favorite number 68!

Kalau fitters beli lagi, apa jadi?

JJPTR ya, not saying solar is easy, but what you think of samaiden? Anyway some one must do solar if Malaysia wants to achieve its target, so how?

So it seems to me a win-win situation, and so hopefully this will keep the mother up.
But I don't know if the numbers like 50 mil, 300mil are genuine or not...not just to get ppl excited....I have no way to check.

8899EL8899, From EarthTech viewpoint, I have the business links/contracts/experience, but don't have the fund to execute the projects, you provide the fund so I let you take 70% of the profit. So, is this a fair deal? guess we have different answers, but think the more important thing is whether Sinaran PPA can make profit or not. If can make profit, 70% is not bad at all!

Sinaran PPA plans to embark on the Solar Energy Business by focusing primarily on
solar leasing activities: Sinaran builds and maintains the facility at buyer's site (eg. rooftop of building) and sells the electricity to buyer for an agreed period (eg. 25years)

Press statement 12 July: Sinaran PPA had entered into 2 power purchase agreements in Kedah with total contract values of RM50million with capacity of 4,121 kWp for a term of 25 years. Solar PV facilities are expected to complete in the 4th quarter of 2022 with the commencement of operations immediately thereafter.
Propectus: A further 29,260 kWp of potential contracts worth RM300 million for a term of 25 years are currently at an advanced stage of negotiations and are expected to be signed in the near term.

@JJPTR:
Below are points taken from the many pages in the prospectus:
Metronic and EarthTech form joint venture company named Sinaran PPA: Metronic 70%, EarthTech 30%. EarthTech is 100% owned by Mr. Chew Keng Yaw. EarthTech will provide knowledge and experience coupled with contacts of clients and vendors in the solar energy industry, but not expected to provide any funding.
Earthtech is principally involved in the trading of solar panels and related
equipment. In Earthtech, Chew is currently responsible for its
day-to-day operations which include engaging suppliers and conducting
physical site inspections as well as sales and marketing initiatives such as
approaching prospective clients and preparing solar leasing proposals.

Will he be able to prove himself?? Funding is not the issue now, as the right issue is fully subscribed.

But, of course, will it be a bit late then? So, I just go the middle way, keeping half of my tickets, sit back and wait...

Until Metronic solar team Mr Chew Keng Yaw and En Mohd Dzamirhafiz prove themselves...

If i read it right, after Pelosi leaves Taiwan, only then Chinese starts large scale military exercises around Taiwan...

I don't think the Ta Win will be affected by Pelosi's visit to Taiwan....
The Pelosi-Taiwan effect should be just temporary.....a show must be put up to save face on all sides, but afterwards back to before as life has to go on on both sides of the straits.

If i read it right, after Pelosi leaves Taiwan, only then Chinese starts large scale military exercises around Taiwan...

Today is 3 august, 2 days before deadline.....may be my prediction will be proven wrong?

Thought up was because it's just going back to where its used to be......
The Pelosi-Taiwan effect should be just temporary.....a show must be put up to save face on all sides, but afterwards back to before as life has to go on on both sides of the straits.

Why sudden drop? The Pelosi-Taiwan effect or something else?

Metronic solar team Mr Chew Keng Yaw and En Mohd Dzamirhafiz plus 50m confirm+ 300m potential contracts can keep Metronic above 0.1?

May hit .105 tomorrow.... .095 now still a big bargain