Another round of many small fella get trapped who bought above 5 sen. Big guys laughing all the way bank, letting go stocks from 12 sen onward. He he

No steam. already. Big sharks bought 3 sen or less. Look at the huge sell volume now. Those bought at 5 sen or higher, no way to run for cover. He he

Same old story, recycled from last year news. Many rounds of this kind of paper signing already. Trap small fish. Just wait and see.

Same old story, recycled from last year news. Many rounds of this kind of paper signing. Trap small fish. Just wait and see.

Time to exit for those get stuck earlier.

Just be careful, suspect another round of big play coming soon, just like last 3 to 4 rounds. I
Small investors, do not be caught again.

Already close factory and operation 3.5 years ago but people still buy the shares!

Corporate governance has dead here!

Brader, business is getting tougher daily with too much market competitions and customers squeezing your prices, costs going up.... margin squeeze. Susah business. Lebih baik saya cepat Umno, he he

With big right issue proposed, depleted cash and little profit from operations, dividend payment may be a big question mark now.

Talking about buying lands away from Klang Valley and their big gross development value, etc. Look at the property in next 1 or 2 years, especially in those sub urban area, it will long time and far fetched to realize it. Very long holding time required.

Agreed with Jay. Major shareholder Mayland (Hong Kong investor) dumped all those lousy companies to L & G at about total RM300m. Cash to pay it or use right issue money (from u and me). Though they can subscribe their right issue entitlement. But they can use that massive amount of profit money made earlier from dumping their shares (also those converted from massive amount of warrants) when the price moved up to 43 cts caused by a few hired analysts' articles on company's cash balance and under valued assets. Luckily I hesitated to buy though very much enticed too.

Many get caught with tailored made reports on big cash balance, undervalued assets etc. Many went to buy it. Finally the culprits are caught by SC/Bursa. Now with huge right issues and purchase of land, etc. Smell bad.

Good company looking at their past results but the present price or PER is too high at 16.

Perhaps either they do not know PN17 or think it is Price Nice 17! He he

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5248773

Feeling bad, for sure. Something rotten inside.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5248621

Sign of delisting is there, bank dumping the shares of major shareholder. Down to 12% now
according to Berjaya. They have no confidence in the company ...he he. Wait till drop to 1 cent.
Look at the massive amount of "Sell Volume"

Wait till it drops to 1 cent. But never know as many PN17 companies like Lion Corp, Silver Bird finally got delisted. Assess own risks.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5248877

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5246997
Forced selling of 25 juta saham.

short term bank borrowing/OD (RM800m), net current assets (negative RM767m), loss per share (7 cents).

Kemungkinan besar syarikat kena delisting olih Bursa. Kalau berlaku, harga akan
jadi 1 sen macam Lion Corp.

Already talking about restructuring for more than 3 years since it stopped operation 100%.
China company mana nak beli syarikat ini, Lion Corp pun sudah hilang dari Bursa.

Almost all PN 17 companies cannot recover, only in very serious financial
trouble, baru kena masuk ICU ward (PN17). Buy at your own risk. Look at
Lion Corp, turun hingga ke 1 sen sebelum hilang dari Bursa.

LGMGL, another forced selling of major owner shares...cepat lari

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5209477
Liquidation notice by TNB

Correct. Big win or total loss case.

Already warned a few times here to be cautious on this counter and also Perwaja but many still did not think so. Just look at their horrible accounts, gone long time ago. Perwaja ceased operation totally for 3 years, yet its share price is still 9 cts. Wonder.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5244061
Sudah masuk wad ICU ....PN17 company

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5242477
"Force selling via credit control???)

Lion Corp announced possible delisting by Bursa on 12th Oct, price dropped 71% to 1 cent yesterday. He he, this counter may be the same soon. Be careful.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5217013

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5209477

Falling knife...where is our Mediba??

Heavy sell volume....

Those who bought and got stuck at high price are not willing to cut loss. Just wait, it will be total
loss soon if action to liquidate the company is initiated by banks or TNB or Petronas. Chinese buyer? Cakap cakap saja, sudah 1 tahun, tak percaya lah.

Yes Sir, best hit and run, not the last ones get stuck ...

Hit and run ok as it is a dead company with no operations for years already. But do not get caught with a piece of scrap paper in your hand....ha ha

We have a lot of low IQ ministers...

Best and last chance to sell now!!

Best and last chance to sell!

Sell volume very heavy vs Buy volume . Why? Busy selling shares converted from the irredeemable convertable bonds by major shareholders???

Very bad .... price dropped so much. Bottom already??

Check Perwaja (Bursa news). Winding up action by TNB.

How do u know, brader?

Refer attachment to the above Bursa announcement (winding up of Perwaja action by TNB)

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5189229

Albukhary, what answers given? Please tell us as i did not attend the AGM.