Bursa is for business owner to raise fund from capital market to growth their business. And when business make profit the owner will share the profit by giving a fair and equitable dividend.

But sadly bursa is also a place for unscrupulous owner to suck the ikan bilis high and dry.

Is qqq3 saying communism or free market system is socialise liabilities and privatise assets.

If zahid court case is guity verdict then Tok Mat will become acting President and UMNO will need to hold election to elect who among all will be their next President.

The last con will be hundred millions q sell at RM0.005 and no buyer.

If I am not mistaken qqq3 need to visit KYY personallym to ask him to buy into Jaks and Sendai.

Later he improve by infiltrate Philip's chat group to promote Serba, SCIB and Kpower. The latest news was he got himself kick out from the chat group.

He now talk about his imagery China stocks and his IPO growth stock.

Wonder has he hold any value, quality or growth stocks?

What he hold before were mostly pump and dump con stocks and he was and still is very proud that he front run everyone and make a killing.

No one can drive anyone away from commenting in i3 unless you allow yourself to be driven away.

The last time due to delay Annual report the last trading price was RM 0.01.

This time round the last trading date is 17th Jan 2023 due to Winding Up Petition served by HSBC Amanah Malaysia Berhad, Ambank Islamic Berhad, Bank Islam Malaysia Berhad, MIDF Amanah Investment Bank Berhad, Standard Chartered Saadiq Berhad and United Overseas Bank (Malaysia) Bhd

So my guess is as good as your on the last trading price this time round.

By the way Philip is watching his investment with a hawk eye otherwise how to make a killing in stocks like RENEUCO BERHAD, SCIB, Stoneco and etc.

Pemex is the world's most indebted oil major, with financial obligations of $105 billion by September 2022.
Jan 3, 2023

Malaysians like last minute shopping and this time round you get to buy at 0.005 on the last day of trading.

Poor people lose money - still poor (no difference)
Agreed and rich people lose m9ney- still rich

Mike trapped at 44 floor will the bomba go up to 44 floor to rescue him?

It must be "tiring" for Philip watching his investments grow, it must be equally "tiring" for SSLee watching his investments intensely all the time; with one issue cropping up after another. I would rather be Philip than SSLee.

3iii,
I too wish I can be like Philip someday. But until that someday, I am what I am and by the way I do not watching my investment intensely otherwise I would had sold Insas and Bplant at RM 1.20.

Genetec do not produce any battery. Genetec only do designing and building of customized factory automation equipments to serve industries making EV battery.

Genetec last quarter NP margin is 36.28% is this possible moving forward?

https://klse.i3investor.com/blogs/cscsc/2016-12-08-story111267.jsp

Gun don't kill but people do.
If only CCP put a bullet in the head of all those chinaman go round the world scam/cheat local hard earned money and brought shame to motherland then I will also be like qqq3 praise CCP everyday.

Just for your infomation I am definatrly not a saint and by the way I had not short any stocks yet.

Those bought today will suffer the same fate of those buying Serbadk-WA at 1 cents and now q sell at 0.5 cents and pray hard someone will buy.

HRC is just a refinery business in Malaysia and refinery profit is purely base on the different between your refined prodicts sell price and your crude purchased price.

In between you do some hedging to protect your refining margin and crude purchased so that you would not have this quarter profit 1 billion and next quarter lose 1 billion.

The only problem is you cannot trust the Mainland China man as most of them will find way to siphon out and pocket the money

Only in Malaysia you can lie through your teeth even in court saying you have management control over associate company and can sell its assets to pay your debt.

KUALA LUMPUR (Jan 11): Serba Dinamik Holdings Bhd said it will appeal the High Court's decision to reject its bid to adjourn winding-up proceedings against the group and to proceed to wind up the oil and gas service provider.

The appeal against the dismissal of the adjournment will be on the basis that Serba Dinamik's associate company was prepared to offload equity interest or assets for estimated net proceeds of US$700 million (RM3.06 billion), the group said in a statement on Wednesday (Jan 11).

After the PP then only release some good news for ikan billis to chase high and bankers to unload.

do you know why the share price can not perform ?
Because someone everytime dilutive 10% PP at lower price to make his bankers collect at cheap price.

The last time Serbadk also PP to only selected suitable investors are chosen because they know the business environment well and could provide business opportunities.

The question you need to ask if Genetec NP per quarter is RM 25 million then where is the money?

Maybe I am too old fashion as I still enjoy my normal hawker foods for breakfast. (Hokkien Mee,
Wonton Mee, Char Kuey Teow, Kuey Teow suop, Curry Mee, Laksa, Chee Cheong Fun, Pau, Fish Noddle, Roti Canai and etc) but never Bread.

Should I change my breakfast to eat in Bread with Milo?

The project cost is USD 1.87 billion.
Funded by equity 25% and borrowing 75%.

http://www.insage.com.my/ir/cmn/trps03/Agm_Egm.aspx?Symbol=4723
You can download Jaks 20th AGM key matters discussed from above link.

Bursa at least allow 3 special days of everything must go house clearance sales on 13th Jan, 16th Jan and 17th Jan 2023.

M&A Securities Sdn Bhd is the adviser, sponsor, underwriter and placement agent for the IPO exercise of NationGate.

Should have use my connection to apply for this IPO share. The last time I applied for excess 10% Insas RI, I got it.

Dear TakeProfits.
I already accept an invitation from Petron Malaysia for a meeting with the Management after CNY.

As of HRC, you can refer to my below blog:
https://klse.i3investor.com/blogs/Sslee_blog/2023-01-04-story-h-301981508-Hengyuan_HRC_Q3_2022_financial_report_enquiry_Part_II.jsp

KUALA LUMPUR (Jan 12): Capital A Bhd is optimistic about its potential growth this year, following a strong rebound in travel demand post Covid, and expects to be out of Practice Note 17 (PN17) status by the end of this year, said chief executive officer Tan Sri Tony Fernandes.

He said the investment holding group, which is involved in aviation, logistics, lifestyle, and financial services ventures, plans to submit its finalised regularisation plan to Bursa Malaysia as early as February.

“We can be out of PN17 status, definitely this year, and I hope much earlier than that. All of the consultants are now going through all the work.

“We hope to submit to Bursa somewhere between February and April. Once we get the approval, then we will go through it,” he told reporters on the sidelines of the airasia Super App rider and driver appreciation event here on Thursday (Jan 12).

https://klse.i3investor.com/blogs/Sslee_blog/2019-02-01-story-h1456985172-Happy_Chinese_New_Year_to_i3_community_GONG_XI_FA_CAI.jsp

This coming CNY will be a very special day as all my brothers and sister family members will be at our hometown Alor Star celebrating with Mum.

I wish all i3 bloggers and commentators a Happy and Prosperous CNY. Gong Xi Fa Chai

Why I bought even more SERBADK bonds and stocks
Author: Philip ( buy what you understand) | Publish date: Tue, 15 Jun 2021, 5:56 AM

Recently I bought a lot of serba dinamik bonds and stocks.

As to why? Everyone has all the relevant information, everyone has all the reports and PDFs. Importantly, serba has kept their KPMG auditors, and added EY as external reviewers for the issues brought up by KPMG, and 3 more independent directors to monitor all information on serba dinamik.

Why would frauds and liars do something like that?

Agree with Philip. And lucky for him escape the Karim stocks with minor setback.

Knowing is not enough you must hold BOD and Management accoutable, responsible and answerable.

The Group has 3 years upon the Commercial Operation Date to subscribe for the additional 10% stake in the Hai Duong power plant.

The commrrcial operation date if not mistaken is Nov 2020. So Jaks has untill Nov 2023 to subscribe for the addition 10%.

JAKS currently does not have a dividend policy.
- JAKS’ venture into the Power sector is capital-intensive in nature. The JAKS Hai Duong Power Plant cost US$1.87 billion.
- The investment in the power plant to date, has started generating profits for the Group with the commencement of the commercial operations since the fourth quarter of 2020. For full year 2021, JAKS has booked in RM140.7 million profits from its 30% stake in the power plant.
- We hope to be able to reward our shareholders with dividends this year when the financial position permits, as our main priority is to sustain the growth of the Company, in order to generate a sustainable income and to reward the shareholders in the near future.

From Jaks 20th AGM minutes:

6. What is JAKS plan for the 10% option subscription of power plant in term of timeline (within 6 month or within this year? we know that it is going to expired in early of 2024) & source of funds for subscription?

Answer- The Group has 3 years upon the Commercial Operation Date to subscribe for the additional 10% stake in the Hai Duong power plant.
- We are currently looking at various funding options to exercise the 10% option, including utilising the dividends from the power plant to be re-invested for the 10% option.

7. What is the cost to subscribe additional 10% share in Vietnam JV company? Is the amount is USD46.71 Million?

Answer- Our equity portion consists of 25% of the total project. Therefore, the cost to subscribe for the additional 10% will be 10% of our equity portion, plus holding cost.

qqq3,
Last year I collected dividend amt to RM 171,583.68.

This is an open forum and everyone is welcome to give his 2 cents.

qqq3,
Petron Malaysia invite me for a private meeting with management after CNY. Will ask for higher dividend for this year.

By the way congratulation on your good luck.

The China party is the one who built, managed and operated the Vietnam Power plant. So when come to declare dividend who know the China party might charged the JV hundred of millions in management fee.

Remember when you invest in Jaks, you are not just invest in 30% (now) or 40% ( before the third year of COD end in Feb 2024) holding in JHDP Vietnam power plant but the whole Jaks. And the whole Jaks was and is still ill managed.

KUALA LUMPUR (Jan 11): GUH Holdings Bhd is suing a joint venture (JV) of JAKS Resources Bhd for failing to abide by an arbitration decision that ordered it to pay GUH RM11.67 million in outstanding sum owed for work done previously, together with interests and arbitration costs.

In a Bursa Malaysia filing, GUH said it had, via its unit Teknoserv Engineering Sdn Bhd, filed the originating summons at the High Court here against the JV unit — JAKS-KACC JV — and the JV partners JAKS Sdn Bhd (JSB) and KACC Construction Sdn Bhd, to enforce the adjudication decision. JSB is a wholly owned unit of JAKS Resources.

GUH said Teknoserv initiated the adjudication proceedings against the JV unit in August last year, and that the decision in favour of the group — which ordered JAKS-KACC JV to pay Teknoserv within 14 days of the award date — was delivered on Dec 23, 2022.

"As at the date of this announcement, JAKS-KACC JV has failed to make any payment to Teknoserv pursuant to the adjudication decision, despite the fact that the deadline to do so has lapsed. Consequently, Teknoserv has filed an originating summons in the Kuala Lumpur High Court to enforce the adjudication decision..." GUH's Tuesday (Jan 11) filing read.

SUBSTANTIAL SHAREHOLDERS AS AT 23 SEPTEMBER 2022
(Based on the Register of Substantial Shareholders)
DIRECT INTEREST INDIRECT INTEREST
NAME
NO. OF
SHARES %
NO. OF
SHARES %
Dato’ Sri Thong Kok Khee (1) 5,170,000 0.14 538,554,276 14.50
Insas Berhad (2) - - 537,008,575 14.46
Insas Technology Berhad (3) 414,769,375 11.17 17,216,500 0.46
Kumpulan Wang Persaraan (Diperbadankan) (4) 324,958,300 8.75 25,793,675 0.69
Employees Provident Fund Board 332,994,010 8.97 - -
(1) Direct interest and deemed interest by virtue of Section 8(4) and Section 59(11) of the Companies Act 2016 (“the Act”) held through
Insas Berhad, Immobillaire Holdings Pte Ltd and children.
(2) Deemed interest by virtue of Section 8(4) of the Act held through subsidiaries.
(3) Direct interest and deemed interest by virtue of Section 8(4) of the Act held through subsidiary.
(4) Direct interest and deemed interest held through fund managers.

NO. NAME
NO. OF
SHARES %
1. KUMPULAN WANG PERSARAAN (DIPERBADANKAN) 324,838,300 8.75
2. CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FUND BOARD
231,193,800 6.22
3. INSAS TECHNOLOGY BERHAD 171,219,375 4.61
4. MALAYSIA NOMINEES (TEMPATAN) SENDIRIAN BERHAD
PLEDGED SECURITIES ACCOUNT FOR INSAS TECHNOLOGY BERHAD
(01-00871-000)
100,000,000 2.69
10. UOBM NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR INSAS TECHNOLOGY BERHAD
50,000,000 1.35
13. UOBM NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR INSAS TECHNOLOGY BERHAD
45,000,000 1.21
15. CIMB GROUP NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR INSAS TECHNOLOGY BERHAD
(INSBHD-RCCGLO2)
40,000,000 1.08
18. ALLIANCEGROUP NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR INSAS PLAZA SDN BHD (6000068)
37,500,000 1.01

Mike please try harder.

Name INSAS BERHAD
Address No. 47-5 The Boulevard
Mid Valley City
Lingkaran Syed Putra
Kuala Lumpur
59200 Wilayah Persekutuan
Malaysia.
Company No. 196101000026 (4081-M)
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 13 Jul 2022
200,000
Acquired Indirect Interest
Name of registered holder M & A Nominee (Asing) Sdn Bhd for Media Lang Limited
Address of registered holder No. 45-5, The Boulevard Mid Valley City Lingkaran Syed Putra 59200 Kuala Lumpur
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Acquisition in the open market
Nature of interest Indirect Interest
Direct (units) 0
Direct (%) 0
Indirect/deemed interest (units) 537,008,575
Indirect/deemed interest (%) 14.483
Total no of securities after change 537,008,575
Date of notice 18 Jul 2022
Date notice received by Listed Issuer 18 Jul 2022


Remarks :
Indirect interest:-

(1) Insas Technology Berhad - 414,769,375 (No change)
(2) Insas Plaza Sdn Bhd - 103,872,700 (No change)
(3) Media Lang Limited - 17,216,500
(4) Montego Assets Limited - 850,000 (No change)
(5) Montego (S) Pte Ltd - 300,000 (No change)

Insas Berhad is deemed interested by virtue of Section 8(4) of the Companies Act, 2016 held through subsidiaries.

qqq3,
What will be HRC Q4 result look like?

I sold HRC and someone buy HRC.

Ular,
10% of RM 1000 is RM 100.00 so is RM 100.00 a 5 digits?