Assuming the ex-date for the warrants is Q1 2015, do they need to fix the exercise price as early as now?

Looking at the price and buy/sell trades, I am guessing a "certain party" is collecting at current price level. Be patient.

Simonalibaba, I have been waiting for you to comment on today's lackluster performance. I am also curious who is selling today. Looking at today's volume, it is the 3rd highest for the past month, if not year.

Bonus share is a zero sum game. victan is incorrect about buying at 2.40 and will not lose money even if the price drops to 1.60.

seungi, I heard the same info as yours. Based on that, what do you think the price of Teoseng will be in next 1-2 weeks?

何謂大人物？

Teoseng's share price has been moving up in stages, with pull backs in between. The price has gone up consecutively for 8 days before we saw the pull back on Monday. The recent high is 2.48 to a low at 2.28. That is quite healthy as some contra players might have taken profit amid the bad market sentiment this week.

With the upcoming good news, I am hoping Teoseng to reach RM3 (or higher) before end of October.

paoblocrk, why buy when you think it is overvalued?

Suspended for GO. wikileaks already said it.

Must have something going on.

erkongsebg, wherw did you read that Koon Yew Yin bought into Teoseng?

simwc, today is the ex-date for the 5 sen dividend.

I only know a bit, not aa much as you do, Simonalibaba. Thanks for sharing the info.

It will be 2-3 weeks from now.

2.11, still not selling, yeoh22?

Have you sold? 213 already.

Simonalibaba, what do you mean?

Simonaliaba, what is the special dividend? Didn't see it from the announcement.

Quarterly result is out. Revenue about the same. EPS is 0.56 as compared to previous quarter of 0.01. Can we see a price increase in LNGRES?

PNEPCB is into overbought position, consolidation is imminent.

My remisier told me that another 10m shares were traded at RM 1.10 on Friday. The announcement will be out today.

5 million shares were traded at RM 1.10 via a direct deal on 26 June 2014. More to come for PNEPCB!

AFAIK, the injection of land banks was turned down by SC. Ter is also furious/upset about this outcome.

The price drop from 1.6 to 1.4 was likely due to the insiders who knew about the lapse of HOA, hence the sell down to 1.4. After the news was released yesterday, it caused another sell down to 1.26 today. I hope it has found it's bottom.

There shall be good news coming (soon).

What is dragging down Sunsuria? Research house is giving the consistent TP of RM 1.98, but Sunsuria is dropping after hitting RM 1.68.

Why are you showing a dated announcement?

Thanks apekaffun.

apekaffun, what clue do you see?

How long do you think the price can hit 1.90?

Thanks Johnny. That is helpful info.

I agree with you. A strong base of the share price is built around RM 1.50-1.55 range. Sunsuria needs more publicity to move the share price to the next level.

Risk Trader, you also said all GLC counters will down today because of Terengganu. Did it happen?

Paco, I have loaded enough. Can't swallow anymore today. :)

Now seller at 175. Congrats to your buy at 175. :p

akaboss, how to pm you?

I have no clue why cmy and gangs are brought into the picture. They were not, and are not, in any way involved in pdz.

Agree with akaboss. There will be encouraging news early/mid next week.

keithchan, RT exited Maica too. What's your view on that?

knanagasg, you are absolutely right. RT sees potential that you don't. Let's see if there is an upcoming deal for pdz or not. If there is one, I am glad. If there is none, so be it. I am just a normal investor, and I do not expect 100% hit rate.

kkanagasg, Robert Tan may be a very shrewd investor, but that does not mean he is going to squeeze others in every single deal he is buying in/selling out. What if RT sells away his stakes in PDZ (worth RM 42m) and moves into another investment which he thinks will bring him more returns? He sold his stakes in his other listed companies too. Taking the recent deal, Maica. Is Ter Leong Yap screwed after buying over RT's stakes in Maica? Maica's share price rose from 80 sen to RM 1.55 as of today.

After the buy over of PMB at 18 sen from Robert Tan, there should be some plans in the pipeline. Don't be surprise there will be some announcements soon, which could be fund raising exercise, new influential shareholder, or acquisition of asset.

Stock Picks from UOBKayHian this morning:

1. Malaysia Aica. Mid size property developer in the making. Raising $365m via 3-1 rights issue and private placement. Current TP $1.98. Ex-all TP $1.25

The Tan Sri of Efogen is the chairman for Ecoworld. Sounds interesting.

Barakah Offshore Petroleum Berhad ("Barakah" or the "Company") is pleased to announce that its wholly-owned subsidiary company, PBJV Group Sdn Bhd, in a Consortium with CPM Construction Sdn Bhd, has received a letter of award from PETRONAS Gas Berhad for the procurement, construction and commissioning of Pengerang Pipeline ("Contract").


Work for the Contract is expected to commence immediately and is scheduled to be completed by Q2 2016.


The value of the Contract is estimated at RM260 million. PBJV Group Sdn Bhd has 50% share of the liabilities and obligations in respect of the Contract and 50% share of the benefits and profits to be derived from the Contract by the Consortium. The Contract is expected to contribute positively towards the earnings and net assets per share of Barakah Group for the duration of the Contract.


Risk factors affecting the Contract include, but not limited to, execution risks such as availability of skilled manpower and materials and changes in prices of materials. Barakah Group has, throughout the years, established its track record and expertise to undertake such projects.


As such, the management believes that Barakah Group is able to mitigate the abovementioned risk factors.


None of the Directors and/or major shareholders and/or persons connected with the Directors and/or major shareholders of the Company has any direct or indirect interest in the Contract.


This announcement is dated 23 April 2014.

That 2 lots was 0.18, not 0.17. Anyway, spoilt the closing.

52 weeks high is RM 1.75

pathew, what news are you referring to? IF you are asking about UOB's TP of RM 1.98, here it is:
http://research.uobkayhian.com/content_download.jsp?id=20121&h=e34efa3403c4f206c11404a6fbc37cd0

But this coverage was done in February 2014, not knowing the right issues exercise.

I believe what valuemaster said was, it is a good buy to enter now and subscribe to the rights. Taking the right issues at 65 sen, the theoretical ex-all price will be about 85 sen. Public Bank and Kenanga's fair value for ex-all price is RM1.20 to RM1.50. That is a possible upside of 50-70% for your investment. If add in the free warrant, the return will be even higher. What I am not sure is, will the price be pushed down before the ex, or be pushed up like Sumatec and XDL?

Thanks valuemaster. My average buying price is at about 1.40. I am now thinking should i subscribe to the rights? What's your advice?