The buying in share price is based on today's closing price which is 0.42 plus 10 bids, it becomes 0.47.

Icon shares issued has been reduced from 1 billion to around 20 millions shares ( 1 billion ÷ 50) after shares consolidation of 50 become 1.
Today volume is 66.7 millions shares traded which is more than 3 times of the shares issued after consolidation. It is cornered.
The right issue ratio is 100 for every 1 share held after consolidation at an issue price of 0.105 together with free warrants at the ratio of 1 for 4 shares subscribed.
If you have 50,000 shares, after consolidation of 50 become 1, you will have only 1000 Shares.
You are entitled to subscribe 100, 000 shares .at 0.105.
If the shares price is maintained, that means the right issue form may be traded around 0.30.
So you can just sell the Right issue form
( FORM OR).
IF seems like you can make a lot of money from the selling of the Form OR.
BUT, as this counter has been cornered, they will distribute all the Forms OR to the retailers. So retailers have to be very, very careful, don't be trapped.

Icon shares issued has been reduced from 1 billion to around 20 millions shares ( 1 billion ÷ 50) after shares consolidation of 50 become 1.
Today volume is 66.7 millions shares traded which is more than 3 times of the shares issued after consolidation. It is cornered.
The right issue ratio is 100 for every 1 share held after consolidation at an issue price of 0.105 together with free warrants at the ratio of 1 for 4 shares subscribed.
If you have 50,000 shares, after consolidation of 50 become 1, you will have only 1000 Shares.
You are entitled to subscribe 100, 000 shares .at 0.105.
If the shares price is maintained, that means the right issue form may be traded around 0.30.
So you can just sell the Right issue form
( FORM OR).
IF seems like you can make a lot of money from the selling of the Form OR.
BUT, as this counter has been cornered, they will distribute all the Forms OR to the retailers. So retailers have to be very, very careful, don't be trapped.

Congratulations to those who have bought Mudajya @ 0.185 - 0.19 during end of Sept
2019 - beginning of Oct 2019 when some commented Mudajya was laden with huge debts and bad management. You have unrealised profits of 200 %.

Congratulations to those who had bought 0.185 - 0.19 3 months ago.

Post removed.Why?

Post removed.Why?

Sapnrg has been hovering around 0.26 - 0.33 for almost a year. How low can it drop? There were many comments saying that sapnrg will drop to 0.20 or even lower at 0.10, but it didn't happen. I have been waited for a year, the major shareholders and the sharks won't be so stupid to press down the price to 10 sen. After the company's restructuring plan, the company's financial position is better than what it was 2 years before.

For those who have invested in Velesto below 0.25, Armada around 0.15 - 0.16, when a lot of bad comments were made , those investors have made huge profits. Sapnrg will follow the steps, it is just a matter of times. Not to mention
the smaller shares cap oil and gas counters like
DAYANG, CARIMAN, UZMA, WASEONG, KNM,
etc.

Catalyst 78 told the truth. Some comments made by a person between Oct 2017 and December 2017, kept telling retailers he was buying and selling 1 million shares when Sapnrg was traded between 1.30 and 1.50. He is asking retailers don't buy Sapnrg at the current price.

Congratulations to those who bought @ 0.10 and Alam -Warrants , unrealized profit = 50 % .

Congratulations to those who bought 0.265 -0.27 , unrealized profit 10 %.

Sorry , it should be 300,000 shares .

There are 309656 lots selling quote queued by 101 sellers , on average each seller is queuing to sell 3millions shares .

Congratulations to those who bought @ 0.265 - 0.27 . If you bought 100,000 @ 0.265 and sell @ 0.30 , your gain is more than 10 % , or more than RM 3,000 . If you r bought 1 million shares @0.265 and sell @ 0.30 , your gain is more than RM 30,000 , just within 3 working days .

There are 344,357 lots buying quote @ 0.285 queued by 153 buyers . On average each buyer queued to buy 2,250,699 shares , or buying amounting to RM 652449 . All buyers are rich .

There are 345432 lots of sell quantity queued by 303 sellers ,. On average each seller queued to sell 1,140,039 shares .

There are 323905 lots of sell quantity queued by 422 sellers , On average each queued to sell 767,000 shares .

@Mabel
tu es tellement intelligente etc femme courageuse .

Hopefully Sapnrg will only start to pick up beginning of next month . Hopefully Armada and Velesto can hit 0.58 - 0.62 so that we can sell Armada and Velesto in exchange for Sapnrg , 1000 shares can buy 2000 shares of Sapnrg .
If you have 2 millions shares of Armada and 2 millions shares of Velesto , then you can exchange for 8 millions shares of Sapnrg .

Tight controlled and accumulated enough , cornered , very easy to push up
Maybe some good news from India powerplant . They have distributed
all the way from 5.0 to 0.185 , after more than 8 years accumulation and private placement
, maybe long overdue to push up .

Congratulations to those who bought @ 0.185 , if sold @ 0.32 , gains = 72 %
If sold @ 0.30 , gains = 62 % .
On 9 Oct 2017 , Mudajya traded at 1.29 .
On 9 Oct 2018 , Mudajya traded @ 0.39 .
Private placement around 0.26 - 0.27 .
Shares mostly accumulated by the major shareholders and their gang .

Should be all the major shareholders own more than 10 billions shares and the share price drop to 0.09 , it means their paper loss is 1.80 billion
( 10 billions x ( 0.27 - 0.09 ) . They won't do that .

Queued 100 k @ 0.10 for more than a year also can not get , next week going to queue additional 100 k @ 0.09 for another year to see can be done or not .
If 100 k can be done ,and the share price drop to 0.09 , then will lose RM 1,000 , but if all the major shareholders own 100 billions shares and the share price drop to 0.09 , it means their paper loss is 18 billions ( 100 billions x ( 0.27 - 0.09 ) . They won't do that .

Congratulations . Those who have bought @0.15 -0.155 in Jan 2019 . Your unrealized profit is 226 % .
Those who have bought @ 0.215 at the end of August 2019 , your unrealized profit is 127 % .

@ Kedahan , Thank you for your blessing .

Warren Buffett says there are two main factors
an investor must remember .

1) Don't lose money .
2) Remember the first factor .

How do we achieve the above mentioned factors
and to make profits from the market , I think there are some principles we must follow and adhere to .

1) holding power .
2) do our homework including study of financial
reports and analysis of the performances of
company etc .
3) be disciplined .
4) be patient .
5) be a little bit brave ( when the company's
shares price is hovering around the historical low region and has better performance in the near future .
6) can take it ( either to take profit or to cut loss after a deep evaluation ) .

For the case of Armada , for those retail buyers who have fulfilled the above mentioned principles and have invested in Armada , they are rewarded .
For those counters counters which have shot up more than 300 % , 400% or even close to 1000% within one or two years , with a PE RATIO of 50 times , 70 times , or 100 times , ultimately the share price will fall back . I.e like Hengyuan , petronm , Kesmi , Harta , Yongtai and many others .

Velesto is quite similar with Sapnrg in some aspects and Velesto is picking up and they could have almost finished their accumulation works at the lowest region .

When Armada was hovering around 0.20 , many retail buyers were grumbling , now trading between 0.44-0.46 , more than 100 % return within few months . If you invest 1 million @0.20 = 200,000 , your investment become
1million x 0.45 = 450,000 for Less than a year . If you are good in trading , you could have made at least 3 rounds return of more than 30 % .

Similarly for Sapnrg , it was traded between 0.255 and 0.35 for the past twelve months . So if you buy 0.26 and sell at 0.32 , you could have made few rounds return of more than 20 % . Based on current price at 0.27 , if you can afford to buy 1 million shares @ 0.27 = 270,000 , anytime within a year from now , if the share price shoot up 0. 405 , your return is 50 % , if rebound to 0.54 -0.55 , your return is 100% .

When the share price is hovering around the historical low region , they are accumulating . When the share price has shot up few hundred percent and hovering around the highest region , they are distributing . We have seen Armada and KNM rebounded from their historical low and other counters like Dayang , Carimin , Uzma , penergy which have rebounded more than 100 - 400 % .

If you are holding 100,000 shares and you compare your shares holding with the paid up of 16 billions shares , it is nothing . If the company goes bankrupt , they will loss more than
10 billions shares . Anyhow , the company has restructured recently and has not been pushing up , they are just accumulating , not so worry .
Some comments said it will drop to 0.10 but it didn't happen .

Made some monies from Carimin , Dayang , Uzma , penergy , and Waseong . Recently Armada , made return of more than 100 % .
Now start accumulating Velesto ,
Velesto -Wa , Sapnrg and SAPNRG -Wa . Anytime within 2 years , hit 100% return then sell half of shares holding , if hit 200% from current price then sell all .

It is time to start to accumulate Sapnrg .

Congratulations , those who bought 1 million shares @0.20 , now made 100 % return or 200 k .
For those who have bought 5 millions shares , now make 1 million already . Investors 1 million , made 1 million within few months .

Congratulations , from 0.20 to 0.40 , 100 % return . From 0.15 to 0.40 , 167 % .

Congratulations to those who have bought @ 0.185 - 0.19 , you have made 100 % unrealized
Profits .

Congratulations to those who bought 0.20 - 0.21 and are still holding in hand .

AIRASIA dropped below 0.80 in year 2009 and rebounded to above 4.0 before 2014 . Again its share price dropped below 1.0 in the year 2015 . Again its share price shot up above 4.0 in year 2017 . As long as the company can recover back , its share price will recover back .

Should be RENONG and not Renting .

History repeat many times and happened to many counters .
Renting dropped to around 0.30 in year 1999 , and was pushed up to above 3.0 within a year .
Later changed its name to Uemworld . And its share price dropped below 0.50 during 2006 , and again its share price shot up above 5.0 in year 2007 . Later changed its name to UEMLAND and again its share price dropped below 0.6 and again its share price was pushed up to above 3.30 in year 2013.
Same case for Granite , its share price dropped below 0.30 in year 1999 and was pushed up to around 2.60 within a year . Later changed its name to Iwcity and its share price dropped below 0.70 in year 2006 and again its share price shot up above 2.0 within a year .
Later its share price dropped below 1.00 again in 2016 , and again its share price shot above 3.0 in year 2017 .

As a retail buyer in Bursa , we can only earn some money by way of receive dividend income or make capital gains i.e buy low sell high .

Almost all counters after the share price were pushed up few hundred % from its historical low , the share price will fall back and then slowly drop lower and lower .

HENGYUAN from below 2.0 pushed up to 19.50 at the end of 2017 now below 4.40 .
Petronm from below 5.0 to 15.50 in year 2017 now around 5.20 .

Kesmi was hovering around 2.6 - 2.80 sometimes in 2014 and was pushed up to 19.10 on 11 Oct 2017 and distributing all the way 6.75 on 29 August 2019 .

Fronktn 0128 was hovering around 0.18 - 0.20 sometimes in 2016 , now trading above 1.70 .

If the retail buyers were trapped at the historical high level , they won't be able to come out for many years and most of the times are forever .

There are many counters listed in Bursa which have been making losses for few years or made a little bit profits but the share price was pushed up few hundred % from their historical low .

For example , ICONIC ( 9113)or previously known as SANBUMI , from its low of 0.14 on 30 July 2018 , shot up to 0.445 on 9 Jan 2019 .

PERMAJU (7080 ) , 12 Sept 2019 , 0.215 , pushed up to 0.56 on 5 April 2019 and today 0.68 .

MNC ( 0103 ) from 0.035 on 30 May 2019 to 0.12 on 18 Sept 2019 .

As long as the company's shares go into the hands of the major shareholders and you can foresee that the company won't go into bankrupt in the next one or two years , you will be rewarded as long as you have done your homework .

Other counters like KNM from 0.07 on 27 Dec 2018 pushed up to 0.44 on 29 July 2019 .
Armada from 0.21 on 16 August 2019 to 0.355 on 20 Sept 2019 and Armada had given few round short term profit of 30 - 50 % returns within a year .

Queued to buy 10000 shares @ 0.18 . If drop to 0.17 , buy additional 20000 @0.17 , if drop to 0.16 , buy additional 20000 shares , if drop to 0.15 , buy additional 50000 shares , total 100,000 @ 0.159 , total investment around RM 16,000 , hold for 3 years , then sell at 0.64 , 300 % return , average 100 % return per year .

Congratulations to those who have bought @ 0.19 - 0.21 and are still holding , unrealized profit of 50 % is in your pocket .

After few weeks , Bat will be cooling down and the trading range will be narrowed down like HENGYUAN , PETRONM .

Esp of 26.70 per quarter .

Bat will be hovering around 19.00 - 23.00 for the next few months .
If retail buy more , they will press down , the more retail buyers buy , they will press down more .
If retail buyers sell , they will push up . The more retail buyers sell , they will push up higher .
At the price of 19.0 and Eps of 26.70 , PE is around 17 - 18 . At 23.00 , PE around 21 - 22 .
Unless all retail buyers who have bought at the range of 23.00 - 30 .00 have sold all their shareholding , Bat will need longer time to push up above 30.00 .

For those who have bought and are holding 1 million shares between 0.19 - 0.21 or at an average price of 0.20 one - two months ago , they could have made RM 80, 000 or 40 % return at the current price of 0.285 .

A lot of retail buyers still do not really understand the way of trading , buying or investing in shares in Bursa Malaysia .

For e.g , even if the share price is undervalued , if you buy , they will push down further to panic and shake out the retail buyers .

Sometimes if you want to buy at 15.00 , without any retail buyers buying from 19.0 , 18.0 , 17.0 or 16.00 , they won't press the share price down . 19.00 less 15.00 = 4.0
4.00 x 285 millions shares , means the market capitalisation will be reduced by 1140 millions .

Just sold 1000 shares @0.28 and 1000 shares @0.285 .
Queued to buy back 5000 shares @ 0.26 .

Time to buy Bat , PE around 15 , dividend yield around 7 % , buy 1000 shares @ 19.00 , average down another 1000 @ 17.10 and 1000 @ 15.10 . Keep for rebound 23 or 24 or 26 . Good enough .

After breaking 0.26 - 0.27 , Armada may need another few weeks to clear 0.32-0.33 , 0.42- 0.43 , as these are the levels that a lots of retail buyers were trapped from 19 Oct 2018 - 30 Nov 2018 .
After that , Armada should be able to hit 0.55 -0.60 .

When KNM acquired Borsig , it paid a premium on the acquisition price , that is why goodwill appears in it balance sheet for the past few years before written off .

From the accounting point of view , If a company's turnover or revenue is 10 millions , and the cost of sales is 5 millions and all other expenses are 2 millions , then the company makes a Profit before tax of 3 millions . Assuming all the transactions are in cash or all sales are collected and creditors are paid , at the closing date of accounts , the company's retained earnings will be increased by 3 millions and cash and balances will also be increased by 3 millions . This will not increase the company's other assets like plant and machinery , investment in subsidiaries and etc .
If the company increase it's investment in subsidiaries or plant and machinery by paying cash from internal funds , the cash and balances will be reduced . If the company increase its investment in subsidiaries or plant and machinery by borrowing either long term loans or issued bonds , then the company's liabilities will increase and assets will be increased also . From the above explanations , we can see that increase in the value of the company's subsidiaries doesn't mean the company makes a lot of profit or the company's subsidiaries make a lots of profit ,. The increase in the value of the company's subsidiaries is mainly due to the holding company or the company's subsidiary itself increase the investment by borrowing . That is why the gain on disposal of subsidiary is RM 18.80 , and this figure could be before tax . Even if there is a capital gains tax in Germany , the rate is in the region of 25 % - 30 % only .