strong on a weak day...

*1 day before

The trick to get high ref price is to announce bonus 1 day listing of LR. Bursa probably not aware on that. Genaral mkt supply and demand don't lie on price... but manipulation (nobody buy i buy all ) can lie on price.

Let them take all the seller.....leave them alone. Go find other counter or you will be slaughter alive.. if not now probably in the future.

That why mkt force valution is needed. Textbook valuation are all irrelevant because it is based on future money which is uncertain. If future money is confirm then all become rich already, nobody plan for less in the future.
Any valuation should be based on "now" especially when u are a mkt trader.

Textbook valuation and mkt valuation cannot be the same.

I regret that i did't contribute my calculation for valuation of the LR before the listing (based on real mkt force). This LR have become in the top list active counter and have trapped many investing public.
Many have rely on Jackforever which i believe have link to the company.

I do contribute my calculation during listing of Sanichi OR and none have lose money.

Fake buyer down there.... it is there just to dispose 1 bid higher

With ratio of 5:1 the supply is actually 5 time larger than. At mkt if you value it 20 cent mean you have to devide by 5 = 4 cent. .... That 4 cent can go to 0.005 anytime with massive oversupply.

Can you imagine they value LR at 41.5 cent meaning evey 1 share in IBhd they expect to reap rm2.07 from the mkt. Beyond logic.

DON'T PUT A SINGLE CENT IN THIS COMPANY.

They trick you with buyer down there....to dispose 1 bid higher

Massive killing..... stay away from this con man company. DON'T PUT A SINGLE CENT IN THIS COMPANY. You will be slaugter alive.... Many other better company with ethical conduct out there.

LR have no value.... with ratio 5:1 ... it is killing every buyer to 0.005

41.5 cent reference price for LR <------definitely con job by _____ BOD approved by ______ to scam the investing public to enable them to dispose their LR and make the LR look cheap in the mkt after 50% drop from reference price. ...

Mr Directors....if you wish to dispose your LR you should actually support the mother share or push it higher to attract buyer but not by putting unrealistic reference price. This dirty tactic once used will be remembered by the mkt forever.

Since 2008 there are 2 attempt to move it above rm1.00..... the share just go back it comfortable level 50 cent range despite good fundamental.
Now those have this experience will think twice before pushing up this counter...because if could not sustain everybody will lose money.

This BJ Corp has history (some years ago)..... it went up from 30 cent to 1.20 (around that). Soon after it drop back very fast to original level leaving many investors got burn. Some complaint to the company and the company answer "the price is hovering around rm1 for quite sometime for those who want to sell". (just about that). Some old timer might still remember this...and the market remember it.
The conclusion here is that this company share could not sustain at higher level because seems no support from the mkt and will make more holder lose money.

* sorry... announcement end November 2014

If you go through the profit track record of SCH, only second quater (April June 2014) show good impressive result. Previously it does not show any good result. The timing of the announcement of the second quarter result is just in time with 6 months moratorium impose to director shareholdings (they can sell 45% holdings after 6 months). Those buying recently just give them chance to dispose after 6 months of waiting time.

Buy or not to buy?
Should wait for July - Sept 2014 result (announce end Sept).... if the result are consistant then worth to buy and hold. Otherwise i don't think worth to hold... The directors know well ...they sold heavily recently.

This company same class with ingen, tms, csl etc.... already. Conman at the top.

Can't believe it....one of the company i admire previously with solid profit / well ,manage have it listed LR went limit down and placing unrealistic LR reference price to deceive small fish in the mkt.
What a world.....

How about 41.5 cent reference price for LR? definitely a con job to deceive the investing public....to make the LR look attractive.
Directors should instead give strong support to mother share / push higher to attract LR buyer instead of providing unrealistic reference price.

Last time linit up 1.39..... now 1.33 no takers.

Not that easy to become rich quick...

Slaughter everybody....

I want to show as attachment for complaint to Bursa.

I am sure that Jack and company directors know LR valuation is not right.... they are taking advantage of it. I will show the detail calculation on Wed/ Thursday.

Haha ... don't forget to boikot i city too. This company really like a hungry crocodile ready to make a killing..

Closure of many gambling related hotels / resorts in United States particularly in Atlantic City, Las Vegas and some other states have dampen sentiment toward company with gambling activities worldwide. Society (no matters what religion they are) have started to agreed that gambling bring no good to nobody.
Better buy individual company in the group like BJ Food, etc...

Yeah... but just surprised that this kind of junk and unreasonable ratio of LR is issued by a very good profitable/respectful company to deceive and to dump to the unsuspecting investing public.

Alibaba very popular among businessman but not to general public

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i think price will stay at around 50 cent

Wow ....keep increasing...but already too high.

Those feel being slaughtered today for buying LR should file a complaint to Bursa demanding full investigation of / explaining for unrealistic reference price for LR and investigation of I Bhd share trading in the past few days.

38 cent i buy...

This company directors and bursa have con the investing public by putting unrealistic reference price for LR 41.5 cents.... these has cause many to think at 20cent still cheap ( more than 50 discount). By logic price should be at 50 percent of bursa reference price.

Con at highest level by I Bhd boss and Bursa....by put unrealistic reference price to decieve the investing public.

38 cent is the right issue price. Don't think go lower than 38 cent before right issue...
Depend on mkt sentiment also..

Range bound expected for time being..

Strangely why bursa put a reference price of 41.5 cent on the LR. What are their calculation based on?

mass slaughter of LR buyer........

limit down....pergh

Once 11.5 cent clear... no more buyer down there

no buyer below 11.5 cent..... going to go zero...

I Bhd big boss also don't want it...

LR going to die..... no demand

Mara very smart ma.... No doubt about it.....some of the best brain in Malaysia is in / produce by Mara itself.

*80 million

Mara avg price around 7-8.5 cent taking into consideration the free 53.3 million warrant from subscription of 80 right share.

A very good advice from Calvin Tan....thank you.

turnover only 167k in three months. What are these people doing in there...