similar pattern with dynacia

those who attended agm is busy selling their shares, where got time to update here?

not involved in the REINSTATEMENT of bandar malaysia, as announced in past announcement. never say not involved in the REINSTATED bandar malaysia.

tonight's voluntary announcement, "we are not aware of the movement today. we urge the shareholders to trade cautiously. we wish to re-emphasize that we are not involved in the reinstatement of bandar malaysia project."

must follow dato wira's footstep. stock that has his existence will have big bounce historically, proven with xox, tatgiap(dynacia), kpower.

so the mentioned directors, who is still on board? dont be humiliated at last hahahhahahha

ini sofa tak boleh duduk lama

Lctitan last time was undersubscribed, this one is oversubscribed. Some more same as lctitan, got stabilizing action. Dont be afraid, limit up in the making.

wong chun tai

cloud storage rules the world

Holland, no place to stand ady

i dont comment on your overall analysis. But i found one thing which is false and misleading. I'm not sure whether you are aware or you are not skillful in reading financial report. You have more room to improve your analytical skill.

Quoting your point from "iii. Disposal of Asset Worth RM 8.5 million, Yet to Be Captured as Profit ???"

I expect you have read the whole relevant QR, since you captured it on your post. Did you find out the "Non-current asset classified as held for sale" under SOFP is zero? Because you are telling me this asset haven't been realized yet, so there should be 8.5 million value under this column.


"There is a high possibility that this RM 8.5 million disposal might appear as a realized gain, whether in May 2019 or August 2019 QR, as usually assets take about 6-9 months for disposal and realization of gains. Should this gain appear in May 2019, this would positively boost up the EPS of this counter and reflect a higher target price."

You read the figures from QR but you don't understand the figure. From SOCF, 8.5 million is stated under "Proceeds from disposal of non-current asset classified as held for sale". It means the proceeds of disposal is received by the company.
Based on reporting requirement, any profit/losses must be recognized under the same quarter the company receive the full payment.

You know the asset is worth 8.5 million. But do you know the cost of the asset? How you know it be would realized as a gain on disposal? How much profit it would be realized? Did you find the book value of the asset from annual report?
The disposal is only considered as profit when the selling price is higher than book value.

Since you are putting effort on doing research on this company, did you look through the company announcement too?

The answer is here:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5683829

Whenever there is huge amount of transaction company must make announcement of it. The company cannot hide it.

I expect you have read the FIRST QUARTER ENDED 30 JUNE 2018 Report, since you captured it on your post.
Did you find out,
under explanatory note, Performance review section.
The higher profit was mainly due to gain on sales of land and building amounting to RM4.5million in Perusahaan Chan Choo Sing Sdn. Bhd. ??

lari jalan loh TWL. tiger also throw, seacera also throw.

md is nephew of botak

not to forget knusfor

before i forget, tell u one truth, md of this company is mca macai. yet tun M is still awarding them, botak's licking good like kfc

mind introducing a tasty branded popcorn to me?

Boss to investor (Hokkien lang): Eh wa kiam lui, lu uu lui lip goh wa eh gong xi bo?
(Eh I need money now, you got money want to join my company?)

Investor: Wa uu, dan xi lua zui lui oh?
(I have, but how much the price?)

Boss: lak gak lak gao chit gak gao, hoh le zap bah xian
(66 sen to 79 sen, give you 10%) *based on the needs of minimum and maximum scenario*

Investor: wah ar ni gui, an zua buey oh? ma lu siu goh gak gao leh.
(whoa so expensive, how to buy? now it closed at 59 sen leh) *the conversation was after 5pm of 18 April*

Boss: beh hiao kin, ma lu uu ho xiao sit ai choot lai liao, luu ke kua xing jiu boh tio zai ha mi dai ji liao
(Nevermind, now good news is coming out, go read sinchew then u will now what happened next)

Investor: Wa, si wor, ho ah ho ah a ni kuan deal la.
(Whoa, it's real. Ok la then let's deal)

Boss: Ok la, wa yee seng le liao ha, mai bang buey kee
(Ok then, I'm including you now, don't put me aeroplane)

***Few days later the price closed at 97 sen, which is Monday***

Investor: Oi, geh ji tiao ga ah ni gooi, gu eh sai buey tio sang geh ji bo?
(Eh, stock price jump so high, still can buy at the agreed price or not?)

Boss: Aiyo uu dam po ui hiam, buey sai issue di ciao ge bi gun geh ji kee loh zap ba xian.
(Aiyo a bit of dangerous now, cannot issue price above of 10% up down of vwamp) *The issue price of the Placement Shares may be fixed at a discount of not more than
10% to the volume weighted average market price (“VWAMP”) of Ekovest Shares for
the five (5) market days immediately preceding the Price-Fixing Date.
*

Boss: Beh hiao kin wa uu ban huat
(Doesn't matter I have a way)

Boss: Eh, Ah Cheng ah, ga wa xia zek geh clarification, ai xia ga wun nang buey cham ga BM project, dan xi buey sai xia geh eh ming gia loh ke. it ding ai xia tae qi in nang ai seo sim.
(Eh, Ah Cheng, help me to write a clarification, must write until as if we are not particiating in BM project, but don't falsify anything in it. Must mention investor to trade cautiously)

***the next day, Tuesday***

Boss: Wa kua gia lit ger ao tio eh sai announce proposal liao. Hehehehe
(I think proposal can be announce after today *laugh*)

Investor: Eh tau geh lu gao dim proposal ber? Wa kua wa ai ter choot liao.
(Eh boss have you done your proposal? I think I need to quit now.)

Boss: Mai ah ni, ai ho liao, ho wa dam bo xi gan
(No please don't, almost done, give me some time.)

***same day, after market closed***

Boss: Aiyo geh ji gu xi ah ni gooi, an zua ho? Qi kua mai la, announce proposal ho in nang si la mia zai.
(Aiyo price still stand higher, how should I do? Ok I try lah, announce proposal to let them die tomorrow)

***Phone calling to investor***

Boss: Eh gao dim liao, proposal ho liao, ke ao geh ji buey tiao ga xiang zoh lit ah ni gooi liao
(Eh done already, proposal announced, day after the price won't jump as high as yesterday already)

Investor: Wah ho seh liao, ho in nang ke si hahahaha
(Whoa good ah, let them die hahahaha)


Disclaimer: for entertainment purpose, not a real story

bite your tail dont let you go hahahhaha

wow more splendid than game of throne. tan wei lian this time shit on pant already ahaha. after the voluntary clarification from ekovest iwcity now seacera also follow the step to make voluntary response to UMA before bursa query them.
I hope other company will also be responsible like seacera, to find out who are manipulating their counters hahahhahah. too naive la seacera, you think operator will be easily get caught? i think they are implying TWL are the one manipulating their counter hahahhahaha.

Coincidentally cb Lim want to issue pp, those who chased high is unlucky loh. Let the price stand higher the private buyer will still subscribe at higher price? Issue price cannot be more than 10% up down from 5day vwap

Hahahahahahahaha I'm so speechless. No wonder they make voluntary clarification, oh it's private placement to be issued. This Lim Kang Kung aka cb Lim will not be my admiring person anymore. Rich getting richer, poor getting poorer, oh vicious cycle

ur primary source of company info is from starbiz? Clearly this author only got band 3 in MUET or slightly pass in whatever English test.
Read it from bursa announcement u will know the difference, though both are bad to the stock price.

reinstatement and reinstated has a huge different in meaning, those who bought is anticipating that these company would benefited from this project. Of course they are not involved in reinstatement, the one who is involved in reinstatement is IWH, IWH is the one to pay for the deposit. Though I'm expecting the price react negative to this news.

I think market newbie will react to this so called bad news. Those who chased today will panic sell also. Market is always pessimistic, good then up a bit bad then drop until niama cannot recognise. And always blind and irrational. Theedgemarkets is even stupid than the newbie, I supposed them to have good command of English but why they report as if this company is not participating the Bandar Malaysia project? Why they always like to mislead others?

Read well understand well, "not involved in reinstatement of Bandar Malaysia project" doesn't mean not participating in Bandar Malaysia construction project"
Why "reinstatement" this word is used on the press statement issued by government? Because BM project got terminated previously, now IWH need to pay 10% deposit + 500mil to reinstate back this project.

Reinstate: to restore (someone or something) To their former position or condition

Reinstatement is a stage of reinstating something. From their clarification they were not saying they are not involved in bidding/tender/participation of BM project. They were just saying they are not involved in the stage of reinstate the BM project.

Unless they said they are not involved in the reinstated BM project, then it really means they are not involved.

getting know the answer more clearly, u will be more confident to hold this stock longer, more people to join the party. here is open forum, not only i need to know the answer, don't u need to attract more buyers to take your profit taking position? u dont need i need, i'm definitely hold more than you.
be objective not subjective.

questioned of whether it will limit up, there are two ways of thinking:
1. these two stocks had gone through lots of limit up/down mostly relating to BM. this morning gap up 13 sen due to a leak from cabinet source, it was unconfirmed and was only published on sinchew. now news confirmed, and become a very hot topic for the weekend. gap up would be at least above 13 sen from this logical reasoning, short of 17 sen before limit up

2. the float in the market getting higher than previous, after gone through so many sell down incidents. selling pressure is there. plus IDSS is introduced this time round.
unless there are more buyers than last time and most of the people is optimistic about this news.

recalling back to details of what had happened in the past after gone through so many dramatic incident in these few years:
https://www.theedgemarkets.com/article/cover-story-kill-mega-land-deal

BM has 486-acre of land, 10k unit of affordable house occupy how large of the area? how much of GDV will be reduced, from the original planned GDV of 200bil? how much can botak lim make by purchasing 60% stakes of BM with 7.41bil?

i'm very confused. can anyone tell me the story from the beginning?
TWL said the EGM has 51% to vote against., why the chairman simply adjourned the EGM after the result?

This stock totally controlled by PDT. Either one bid up or down is decided by them. Today witnessed 100k IDSS done from the moment 150k selling at 19 sen. Those farka induced a big holder threw 25k to 18.5 sen. At last those PDT cannot manage to buy one bid lower then ended up buy back at 19 sen. PDT I am watching you.
It's a gamble style of playing while the market is in indecision mode.

this stock jumped because of SKIN revival, now they sue gov means no chance to revive.
how much they can make if they resume, and how much they are trying to claim now?

vroom vroom

rm1 in the making

2% stakes crossed at 31 sen. go to hell this rubbish stock

https://www.facebook.com/myrapid/videos/418503325617322/?__xts__%5B0%5D=68.ARAVg1SqsoE8nx_cXRKffK9PMIDNIpuVVSLYBoC4kWqEELUnixuS7Dj91XF0dirWkiM85iWyRamnr61guvuyu5GkqgXaSoK5uQJBxjJv0bQYC5ldgXQCGfq80ggH-DS-L-RJ9_hgA15P1sCN1KqhWP5uj80E5kREMNR8cbRyHSnhRw6xkjsPjxsiDitpWefXYP3P35l_agP_hRrxmtBhkAvpkTPvD38gwUTF5pFh2ACoA0Rr0iL7Px89wZ-eSOXedcykWRLPsCjgAnCDB9vwsPRrL0M3ngSeDSej4BPEtHOMPKjZSJNG-WFisM540iYkXBlfuOkY5zGY0zvAdvfWiW-5OutoK0Ca&__tn__=-R

signing agreement with rapidkl

this time blowjob done

suspended

passed

egm can pass or no pass?

by the time u complain here and there, retailer already take the opportunity to buy and sell. no matter how fake the news is, the price will still react to the news. the pattern of bursa market is like this. smart retailer will know when to exit.
making complain to bursa or sc is the effective way, though it's not so effective, at least it's better than complaining the unfairness here.


[quote] apolloang u felt offended then u better say an empty shelf company can get a multi million contract.
18/12/2018 19:30 [/quote]

empty shelf company can takeover multi million company by issuing more share of empty shelf company. the facts here is reverse takeover.
i'm not sharing my own view of the news. deal will cancel or not, it's not stated in the announcement. though cancel is likely.

panic liao those big fund managers who are trying to speculate on this stock. so far no update on how much acceptance the offeror has received. when the day is approaching 27th yet no acceptance update, plan might scrapped off. revision of offer price is unlikely, as the china offeror is a listed company in china. cannot simply raise offer price without shareholder's approval.

i always feel offended by your reply.
i read the fact, i share with simplified meaning. it's in BURSA announcement section.

RTO

sky diving

bila nak buka trading?

better run lor.. deal hardly go through one. gearing become so high once after they merge. if canone's shareholder reject, price would not be so high as now.

apek stock is like this one la..

takeover at 3.1

should be. based on the rule here: http://customer.bursamalaysia.com:8080/MainLR/Pages/MainPracticeNote20.aspx