Please goggle "kini tv kes perwaja steel" on latest news (u tube).

Please goggle "kini tv kes perwaja steel" to get latest hot news (u tube).

I started investing in stock market since 1980s. Those who knows and follows stories and success of CMY since 1980s will know his golden touch and skills in investing. He has invested at least RM300m in MBSB not for short term or peanut gain, plus EPF owning 67% share in it.

Above write up is very long, read it up and make your own decision. Hit it while the iron is still hot. The MBSB chairman Tan Sri Halim Ali also increased his stake from Bursa announcement earlier.

Please read today StarBiz (6 Aug) on TS Chua Ma Yu & MBS:
“I’m a contrarian. I get greedy when others become cautious,” says Chua.
Chua feels that the non-conventional financial institution is oversold, which has prompted him to increase his stake.
“The price has come down quite a bit. And the company has fresh capital of RM1.7bil which at a conservative rate of 6% return (return on equity or ROE) would add RM100mil to the bottom line,” he says when asked why he is bullish on MBSB.
At the end of the impairment exercise, MBSB is hoping for Bank Negara to give it a full-fledged banking licence, something that would reduce its cost of fund s substantially.
An accountant by training, Chua has survived four stock market shocks......

Chua Ma Yu is a very seasoned investor with golden touch in stock investment. http://www.bursamalaysia.com/market/listed-companies/company-announcements/5164829

Firstly, is it a good buy of that Indian company? Quite a high capex involved.

Company director also selling! http://www.bursamalaysia.com/market/listed-companies/company-announcements/5141697

Be careful when someone like Mediba took the time and trouble to write long stories daily to promote a stock. Why should he do it, to help us make money? Well, do not blame anyone, that is the ways the game is played here. Remember that KYY and the Focus Lumber?? Just be cautious with our hard earned money.

Why would CEO of Vivocom want to quit? Laughing all the way to the banks and with profit made better enjoy the money made. Let all the retail shareholders crying over spilled milk...ha ha

Be cautious on any hot stock tips in many free public seminar on stock investments nowadays. Attended a few of those where speakers were aggressively promoting this Vivocom when it was 34 cents. Used all sort of charts and spicy stories to support it. At the end of talks, try to ask audience to register for expensive training courses or technique. Well, just a word of caution...he he he, i did not buy their story.

Madiba sold all, took profit, probably now enjoying long holidays overseas!!

100m shares kena forced selling by RHB Trustee.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5090541

20 cts share become 5 cts share in par value http://www.bursamalaysia.com/market/listed-companies/company-announcements/5081613

Ya

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5074841

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5068161

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5068161

Azizanosk, ya it looks now very likely the buying and selling is between them. When happen to the shares bought if company has no good news, and, instead face drastic action by their secured creditors? Please advise.

There is a series of forced selling (margin call) by RHB Trustee on shares of major owner. What does it tell u? Please read the earlier Bursa announcement on their proposed debt restructuring agreement and massive 75% capital reduction. Just be cautious, friends.

If the company is that good, why should major owners/banks holding their shares want to dump their shares as they are in the best position to know their worth? Small retail buyers are not. Simple logic. It has massive debts and is linked to another hugely indebted Perwaja and both on massive operational losses, good luck to u.

Pledged securities RHB Trustee (Tempatan)... almost a weekly disposal.. smell something

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5061377

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5057581

Ok, my apology

Kohsk4115, how do u know they invested in it? Did not even see their names for major shareholders holding even 300k shares!

More bank selling?? ihttp://www.bursamalaysia.com/market/listed-companies/company-announcements/5053861

Mari mari, jual, jual ....http://www.bursamalaysia.com/market/listed-companies/company-announcements/5048053

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5043689

Mahathir lawan Najib...he he

Key is have the creditor banks approve it?

Rm5.80? David Copperfield can do it

EGM last Friday confirmed share capital reduction from 20 cts to 5 cts. http://klse.i3investor.com/servlets/anpth/1137388.jsp

Look more like bank selling pledged shares. Has been going on. What u think?

More selling by major owner: http://www.bursamalaysia.com/market/listed-companies/company-announcements/5039909

Ya very cheap, major owner has been selling it for weeks already. http://www.bursamalaysia.com/market/listed-companies/company-announcements/5036321

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5027509

Chua Ma Yu bought more 100m shares and he surely know about this right issue thing before buying. Think he knows something long term which we do not know. Your holding will not be diluted if you take up the right issue. This CMY is going to cough out a lot money for right issue. So, u think he does this for fun, being a seasoned and successful stock investor?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5025285
In Bursa announcement today.

If money RM1.8B was really or is going to be injected into the company as reported The Sun Daily, why the biggest shareholder (in the photo in the paper) sold his shares at 12 cents and not wait for them to fly to 20 cts or higher? Do not believe this kind of stories, which until now, rescue plan not submitted to Bursa. Wait for end March. Will ask foe extension again. http://www.bursamalaysia.com/market/listed-companies/company-announcements/4894141

Zero 186 has the right attitude investing as he has taken risk involved. Chinese will not put such money into this kind of heavily indebted company and under current global steel market down turn. They will buy IPPs assets, build HS Train, real asset like Bandar 1MDB or Felda, not those aged steel making machines besides their huge debt and legacy problems.

if could not be submit restructuring plan (approved by major creditors especially the banks) by end March, counter will face delisting from Bursa. Just be cautious, may not worth taking risk.

Risky to depend on China. Their steel business also koyak

Ya, this white knight thing is also a very old, recycled and stale news, talking about it since August 2013 after complete stoppage of operation...ha ha ha

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5016953

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5016961

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5015029

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4989013

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4989013

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4985137