Affin share price dropping due to poorer QR.

Mycron warrants will expire in January 2024. Holding company Melewar is likely to exercise the 20 million Mycron warrants it holds at an exercise price of 60 sen taking its shareholding in Mycron beyond 75%. Melewar may then opt to privatise Mycron at 60 sen.

Every one sen up I stand to gain RM736.

Every one sen up I make RM1,918 gain.

Absorbing the weaklings today.

Last time privatisation proposed at RM1.10 .........

After I exited from Pensonic I reinvested the proceeds into Mycron and MAA .........

Absorb the weaklings, then euphoria begin again.

Because of the troublesome need to convene EGM for future acquisitions the major shareholders of MAA is considering to attempt to take MAA private again. :-)

Gain on disposal 42 sen per share.

Drip, drip, drip .......

Go, go, go MAA.

Mycron's sister company MAA to rally today.

MAA will rally today.

Is Sarawak buying or selling or doing nothing?

Sslee, absolutely correct but it's only the beginning.

Volume today 45 million shares, free float only 81 million shares.

Don't have to limit up, just need to break 50 sen barrier.

Game just starting.

Every 1 sen up I stand to make RM1,918.

Go, go, go Mycron.

Bought Affin at 2.00.

Affin is falling down, falling down.

Forum here still eerily quiet.

Forum here so eerily quiet.

Bplant sale called off. LTAT needs money, lots of money to repay debts, what to sell? Sell Affin?

Bplant has crashed, Affin dropped below 2.10 all thanks to the jinx.

Oh shit, the jinx has just opened his mouth. Now Affin can't go up anymore. Shit! Shit! Shit!

One day spike, then drift down. Sarawak selling?

Should stay away. I got out and am glad I did. I am not coming back.

Must be lonely here.

Subsequently Affin share price dropped below RM1.90 and stayed below RM1.90 for awhile but Sarawak didn't buy. But I bought and bought.

LTAT already sold a chunk of Affin to Sarawak at RM1.97 in April, less than 6 months ago.

Not Sarawak buying, foreign funds buying.

2.50 coming? Go, go, go Affin.

Forum back to quiet mode again.

Why some people jump into Pensonic at high price. My average cost was only 52 sen. You think the syndicate average cost is how much? They push up beyond 70 sen and there are people who bought, hoping to sell at how much? ...... at 79 sen?

EPF selling again?

Go, go, go Affin, march on to RM2.20.

Winter is coming ....... rally behind the Starks!

@aklobi, when price was below RM1.90 it was such a bargain.

See can hit RM2.50 again or not.

The calm before the storm.

Brent just hit USD95 ..... and winter is coming.

Forum here so quiet again.

Why is Bplant dropping?

Meanwhile, Brent Crude Oil rocketed above $94.63 a barrel to hit a fresh 2023 record high. Over the last two months, the world’s most traded Oil benchmark has tallied up a stunning gain of over 49% from its 2023 lows of $63.64 a barrel.

And the rally might not stop there!

Oil prices have been in a solid uptrend since Saudi Arabia announced plans to extend its 1 million barrel per day production cut until the end of the year – joined by Russia with its own 300,000 barrel per day output cut.

These cuts are in addition to the 1.66 million barrels per day output reduction other members of OPEC have put in place until the end of 2024.

Elsewhere, catastrophic floods in Libya have forced authorities to close four key Oil ports and shutdown local refineries. A move which as boosted expectations of global supply scarcity – adding further bullish tailwinds to the current energy price boom.

Libya, produces over 1 million barrels of Oil per day and sends around 85% of its exports to Europe. If all that supply in Libya was to remain off the market for an extended period of time – there’s no doubting that could easily send Oil prices soaring well into triple-digit territory.

Uptrend in Brent will lift up all O&G counters.

Go, go, go Reach.

Brent just hit USD94.