billionaire88

billionaire88 | Joined since 2015-03-18

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Stock

2017-06-01 21:21 | Report Abuse

VT came to the rescue after 4pm today? Selling momentum was gaining traction a few minutes to 4pm and it looks like even 2.50 was unable to hold. Then suddenly a few minutes after 4pm, all the shares were mopped up by VT... Will this continue tomorrow?

Stock

2017-06-01 07:25 | Report Abuse

Rm4m profit. They need to do this for 11 quarters to recover the RM80m tax penalty, after netting off gain from sale of Perak Land for RM32m....

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2017-05-29 22:36 | Report Abuse

It the price falls below .26, it will go lower. .26 is a 5 year low.

Stock

2017-05-29 22:15 | Report Abuse

One of the problems why the price is still stagnating is that there are too many shares issued below the 'par value' (granted there are no more par value now). You can see that the NAV per share has dropped from .1382 in Dec 2016 to .1310 in Mar 2017 despite the company making RM2.6m for the quarter. The other problem is there is a break in the revenue growth trend, which may not be well received by investors. I feel this company is fairly valued now, whether it will go up depends on its next quarterly performance. It's good to hear XOX has plan to expand regionally. Hopefully this will show come positive income in the coming quarters. Good to see that it has pared down its debts. This is a very unwelcome item in the balance sheet for company with razor thin profit margin like XOX.

Stock

2017-05-25 20:35 | Report Abuse

Volume is getting lower. This stock will go to sleep mode. Unless management can deliver spectacular result.

Stock

2017-05-25 20:28 | Report Abuse

Wow! AAX fell back to where I left off. I regretted I didn't hold when it went up to above 0.50. I still believe in the turnaround story of AAX. I will go in again.

Stock

2017-05-25 20:19 | Report Abuse

This stock is trading a very steep discount. Most penny stocks now are at very high value. It's a matter of time before the big crash will come. Once that happens, it will take a long time for retailers come back. Will MK Land had the chance to rebound before the shit hits the fan?

Stock

2017-05-25 20:12 | Report Abuse

When price going down but volume going up what does it mean?

Stock

2017-05-25 19:47 | Report Abuse

2.63 today. Never expect it to touch this level.

Stock

2017-05-24 23:13 | Report Abuse

RM80m divided by 1.205b shares = 6.6 sen per share. That is how bad this share will be hit if IRB had their way. The net gain from disposal of land in Perak earlier was RM32m divided by 1.205b shares = 2.66 sen per share. So the theoretical net effect is 4 sen per share. So the drop (3 sen) after the announcement for IRB tax is about there fundamentally.

Stock

2017-05-24 23:01 | Report Abuse

Fundamentally Frontkn is still a good counter. It's true its price has been pushed up recently by day traders and sharks. Still at today's valuation, it is still good. It is still trading below book value. PE is still undemanding. So this stock still have room to grow theoretically. This is one of those low cap stocks that is doing well operationally. I would say its good hold.

Stock

2017-05-23 23:53 | Report Abuse

Another low!....so tempting but its still on a down trend! Had expected BJToto share price to be hit by the IRB news. It will go lower.

Stock

2017-05-23 23:45 | Report Abuse

Happy to find this stock and managed to get in at .28 today. Good set of results announced.

Stock

2017-05-22 22:37 | Report Abuse

All the gain from disposal of land in Perak went to IRB...

Stock

2017-05-17 22:21 | Report Abuse

tt101 says: https://www.msci.com/eqb/gimi/stdindex/MSCI_May17_STPublicList.pdf

MSCI MALAYSIA INDEX

Deletions

BERJAYA SPORTS TOTO
LAFARGE MALAYSIA

Is this a bad news for investors? Does it mean, it will be totally out of foreign/local funds radar?

Stock

2017-05-16 22:31 | Report Abuse

Not only the share price and the investors are sleeping. I am worried even the mgt is sleeping, and that is the biggest problem why this share continues to sleep.. You see so many property companies making announcements coming up with innovative schemes to attract buyers for their properties and projects but you seldom hear from this counter. This company is so quiet, I wonder if mgt is really sleeping...

Stock

2017-05-16 22:24 | Report Abuse

OMG! Another new low.... It's still on a down trend, don't touch this stock.

Stock

2017-05-10 07:41 | Report Abuse

nemesis: I m quite disappointed tat most of Mkland comrades have all disappeared fm tis forum...

Still here comrade, its just that I have been sleeping like this stock. It did not go low enough for me to accumulate nor high enough for me to sell...

Stock

2017-04-18 21:14 | Report Abuse

Back to bearish mode again? This stock has been trending down for the past two weeks whereas most penny stocks are flying to the sky... Going back to twenty something?

Stock

2017-04-13 22:47 | Report Abuse

.115 wall is too thick. Major resistance at .115 to .12. If able to punch through this wall, it will fly. Tomorrow is Friday, we can only hope for next week... Monday is always a good day for XOX, so tomorrow is a good time to pick up good buy...

Stock

2017-04-13 11:12 | Report Abuse

Hammering 11.5 wall now...

Stock

2017-04-12 23:30 | Report Abuse

63333336 posted: Break 0.11 then talk again. Break 0.12 then only i believe wolf is coming.

Agree 100%

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2017-04-03 22:09 | Report Abuse

Issued 15m shares at RM0.094 today. Good price. Daily closing must not be lower than RM0.105. It must be higher.

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2017-03-31 23:20 | Report Abuse

It's good to have some consolidation. This will give it some stronger base to move up further.

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2017-03-31 23:17 | Report Abuse

Not a good close today.

At RM0.10, it means next week's new share issue price will be below RM0.09. Further diluting or pulling down the share price. Based on trends of last few issue of 15m shares. We should see a maximum of another 5 issues before all these new share issue stops. Hopefully, after that, we can see some share price increases to reflect the company's revenue and profit growth.

Stock

2017-03-30 22:47 | Report Abuse

What is the rationale for them to issue new shares bit by bit every other day for a period of more than 2 months?

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2017-03-30 07:25 | Report Abuse

They should slowly price it up. The last few tranches should be at RM0.10 at least. The price will shoot up.

Stock

2017-03-29 21:03 | Report Abuse

Posted by kenen: another subcription from mb. 15mil.

Today's issue price at RM0.92. Good it is slowly inching up.

Stock

2017-03-29 20:54 | Report Abuse

Posted by tah16600: Old timers still licking their wound while newbies happily making money .

You're right, me old timer as far as this counter is concerned. Still licking my wounds. I am happy at least this counter is alive now. Hope it will continue to be active.

Stock

2017-03-28 23:43 | Report Abuse

He should make a press conference why he sold off his shares to calm down his stakeholders.

Stock

2017-03-28 23:39 | Report Abuse

Posted by nemesis : I just wondering why he reduced his stake in the company....Good OR Bad?

He sold 10 million shares at RM0.315 each. He is still holding 193 million shares. Disposed about 5% of his holdings. Difficult to find good reasons for a CEO/Director to sell off shares in a company he manages. There are many reasons, he could have been holding in trust for someone and time is up for him to give it back. Or he need to sell off to cover his margin call. Many CEOs pledged their shares to banks for various reasons. These are more neutral reasons which are not due to company performance.

For him to sell at this price in the current bull market run is really something minority shareholders should be vary of.

Stock

2017-03-28 21:06 | Report Abuse

Posted by 63333336: Close at lower price. Mb today subscribe again?

It looks like price is deliberately pushed down so that MB can subscribe at the price it wants.

Stock

2017-03-27 18:34 | Report Abuse

Of the RM1.91m deals done today, on RM4k was done at RM0.10. I think a new low is being formed...

Stock

2017-03-27 18:27 | Report Abuse

Good news, new share issue to MB is inching up. Today issued at RM0.091. Share price is gaining strength.

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2017-03-27 16:30 | Report Abuse

Cheers for MKLand! Go go go....

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2017-03-24 22:26 | Report Abuse

Posted by The One • Its called "pump & dump" eh?

Not quite, more like pump tak naik naik...

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2017-03-23 22:19 | Report Abuse

If the subsequent tranches for MB are issued at RM0.15, MB would make super profit from the existing shares taken up below RM0.10. The whole world would be very happy.

Stock

2017-03-23 22:07 | Report Abuse

Today's announcement a little bit better. Issued another 10 million shares to MB @ RM0.09 per share

Stock

2017-03-23 21:47 | Report Abuse

MB should do pump and dump, having obtained so many shares at below market price.

Stock

2017-03-23 21:45 | Report Abuse

ABCnewbie, I like your reason buying into XOX. Because of Lee Chong Wei...

News & Blogs

2017-03-23 21:38 | Report Abuse

All fund managers do pump and dump don't they?

Stock

2017-03-23 21:32 | Report Abuse

Air Asia Bhd share is actually undervalued in my opinion. Based on PE of only 4.7X, it is really too cheap compared to the valuation fetched by many companies in Bursa. If someone has the money to buy up the entire share capital of Air Asia at current market price, they can get back their investment in 4.7 years. The valuation is just too low.

Stock

2017-03-22 21:19 | Report Abuse

Is there a moratorium on the shares issued to MB? If no moratorium, we all die loh if MB were to cash out at RM.10 or lower.

Stock

2017-03-22 21:15 | Report Abuse

Can someone tell what is the rationale for XOX management to issue new shares to MB below par?

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2017-03-20 17:48 | Report Abuse

Good close, too many sellers at .105. Also forming a new base at .105.

Stock

2017-03-16 20:18 | Report Abuse

Another good news from XOX. Keep it coming!

Stock

2017-03-10 21:00 | Report Abuse

Surprising rally on a Friday

Stock

2017-03-09 23:05 | Report Abuse

I wonder who are the people selling at RM0.095? This is a new low for a long long time. Existing investors cutting losses? It can't be Macquirie selling to take profit after being issued with RM0.089 shares isn't it? I am still waiting for my allocation of RM0.095....

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2017-03-01 20:24 | Report Abuse

Everyone that has invested in this company is bleeding I believe.

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2017-02-28 22:26 | Report Abuse

RM0.095 is a mirage. You can queue but you can never get it...