... the lowest can go 0.15, this stock is not for hold, hold only when you buy low 0.20 below. they have to support for it for the rights issue. before that they goreng high & low ... will be cautions

not possible, they have to "support" for rights issue at 0.22 or else rights subscribers lari kuat kuat, before rights issue they will push up a bit more around 0.05 to 0.10.

...rebound signal is there, force selling today at 0.195, 0.190, 0.185
at least someone wallop all at 0.19 "only happened today", last two weeks sell only. get ready

... after effect of overheating .... selling not over yet ... HOLD man

there is always REASON why this counter move UP, which i already mentioned earlier. this quarter report DEC "maybe" just so so. pointing upward maybe not be so soon, have to WaiT.

of course potential is there. pls do homework & keep yourself updated if you want to hold for "long term" (Capital Gain TP 0.20 - 0.30)

Extract from: TA Securities
1) Venturing into Data Centre Development
MOU for property development
Nextnation Communication Berhad (NNCB) entered into a Memorandum of
Understanding (MOU) with PT Inovisi Infracom Group to jointly develop a
mixed property development, comprising a data centre, corporate office, and other commercial and retail space at NNCB’s newly acquired land in Cyberjaya. To recap, back in April 2012, NNCB had purchased a plot of freehold land measuring 5.91 acres in Cyberjaya for RM18.5mn. Meanwhile, PT Inovisi is an Indonesian listed conglomerate which is also NNCB’s substantial shareholder and major client for outsourced IP and Bandwidth Optimiser services. The project will be split into two phases comprising:- 1) Phase 1: data centre and corporate office with estimated GDV of RM80mn, and 2) Phase 2: commercial and retail space. Under the MOU, NNCB will enter into a joint venture (JV) with PT Inovisi’s 99% susbsidiary, PT Graha Tunas Makmur (Tunas) with the following key terms:- 1) 25:75 equity participation in Phase 1
between Tunas and NNCB respectively, 2) Tunas will purchase 25% of the
completed Phase 1 space upon completion, 3) Tunas has the first right of refusal to jointly develop Phase 2 with NNCB, and 4) NNCB will manage the data centre once it has been set-up.

2) Evolving with Technology
NNCB’s core business comprised of "web platform hosting and mobile messaging gateway services". The group, however, has since shifted away from the mobile telecommunications space to "platform infrastructure services". We are positive on this move as it signifies
that the company is competitive enough to realign its business model in line with the current trend of smartphones replacing conventional handsets. NNCB is progressively diversifying its core business away from its legacy module products, namely SMSJET (mobile messaging gateway) and SOHOMOBILE (mobile content development tools), which carry razor-thin margin due to stiff competition. Moving forward, NNCB will now focus primarily on, 1) mCommerce-Suit module, and 2) platform infrastructure hosting services for telecommunications companies, which have better growth prospects.
Lucrative new contract roll-out in September. The Inovisi contract is
expected to generate gross margin of 30% for NNCB vs. gross margin of 20% achieved in FY12. NNCB will commence this project by September 2012 and profits from the contract will be back-loaded in-line with the progressive implementation of the project, which is currently in its 6-month trial period.
NNCB expressed confidence that it stands to derive more sales from the
growing Indonesian market by tapping on Inovisi’s existing clientele base. To recap, NNCB was awarded an outsourcing contract from PT Inovisi Infracom TBK (Inovisi), which is a conglomerate based in Indonesia and listed on the Indonesian Stock Exchange with market capitalisation of USD1.7bn. Inovisi’s businesses cover telecommunications, energy & resources, oil & gas, shipping & logistics, toll road concessions, media and e-commerce etc. For its
telecommunications segment, Inovisi provides telco software and platforms, broadband and network applications, and enterprise productivity and mobility solutions etc. NNCB will receive a minimum revenue guarantee of USD22.5mn (RM69.75mn, RM3.10/USD) over an initial period of three years, with an option to extend another three years.
Services outsourced to NNCB comprise of, 1) InoConnect IP Interconnection

they now have better survival strategies than before. Stop all losses and evolve. Hope this will help to give you a better picture.

without speculation ... very hard to go up. they need the money thats why they is 5 private placement within a year. they definitely dispose more to the market to cash out, that is WHEN there will Push Up the price. they going into property (cyberjaya). one of the director Tey Poh Yee became substantial shareholder of PRTASCO. something is happening .... sabar sabar .... tomorrow maybe some up movement

YES, i learned what is ACTUAL & HAPPENED .... to deal directly with my inner emotion ... fear ... loss ... shock ... panic ... anxiety ... blinded by euphoria ... resentment ... anger ... confusion ... doubt ... boredom ... lax ... pre-judgement ... complication.

YES, i learned how they or syndicate manipulate the counter bid by bid by make using our human weakness: "fear & greed"

be still and calm so that we can have better sensitivity to sense their next move, it is never too late to cut loss to protect our capital so that we will prevail in the market.

having more capital advantage allow us to average down & buy time. for contra player cut loss is the only way.

so the whole "cari makan" is about SELF and the counter is our SELF REFLECTION ... just being philosopical here

yeah you are right, me being opportunistic hoping they will SUPPORT and rebound later which never came. MAS critical SUPPORT is GONE, thats is scary. they let you down or die holding

lost about 2K in MAS ... bought at 88.5 go down to 81.5 rebound back at 86.5 never cut loss at this moment. sold at 81.5. bought again at 82 sold at 82.5..... selling pressure to strong, have back out an wait.
lost quite a number of round in other counters this 2 months when profit taking is there, when they suddenly throw down, i play contra cos all my cash fully invested in slow but good potential counter. too slow till i have to sell at a loss to cash out for other uptrending counters. lesson learned "Cash is King" & "1 to 1/2 sen profit for contra play" ...... total lost 20K... total gain 30K still profitting 10K but now burn off more than 20K ....well not too bad for 9 Months Amateur Here. the WILL POWER to get BACK is there, lost a bit focus, confusion, regret & resentment set in. have to exercise more restrain & patience. i fighting the "emotion" FEAR of LOSS here

Thanks MC, very painful regretted never sell early. OK not only it is "major" it is lose lose situation to those holding on to MAS shares. Shareholder won't get anything except pumping in more money, unlike Junior Sukuk which is for fund raising they get guaranteed return. Shareholders have better choice rather than pumping money to MAS. On top of that did you ever see the CRITICAL SUPPORT for the MAS share price lately they allow it to go down even further. All this while who is supporting MAS share price. BASI BUSUK lagi BUSUK. Before that epf is supporting at 1.00 and selling to buyer at 1.01 to 1.03 range. what about NOW???
all the CW already almost around 50% premium (lesson learned from CW), yes mas-cn expiry period is attractive but if MAS share continue to remain stagnant say 0.85 plus economic slowdown, it will be doomsday, very risky MC. one more thing is that the maths for CW most critical adjustment lies with (R/S) 0.60 rights vs 0.85 share. if 0.60 vs 0.7 the adjustment will be 0.96 exercise price for MAS-CK (ex 1.05) & 0.914 for MAS-CN (ex 1.00).
In a more positive scenario, lately the sell down by epf WHO are these willing buyers collecting. ??? maybe they will pump it back??? i am not certain about it, "wait & see" until things get clear. well this is all my personal analysis at this juncture and i could be Wrong

MC, the proposed rights issue, par value value reduction, share premium account reduction will not affect the AMOUNT of share you hold. there is no mentioning of share consolidation. like timedotcom share consolidation is cosmetic, not being label penny stock for big cap counter. anywhere MC just to ask what will happened if mas cw expired will it become zero or half sen.

thanks .... i did keep quite some amount during September. hope this counter followers HUAT HUAT

You are right, who is willing to pump in more money when they have better counter to invest. even EPF is Unloading MAS shares block by block. KC Loh was right in pointing out the "positive" side of it 13B revenue vs 8 B Debts, but the BANKS & CREDITOR are "earning" from interest% rate at least they get something, Where else rights issue subcribers what would they get except capital appreciation when someone decided to pump it up maybe again to unload their share holding. So the pity market retailers become the shock absorber big time

i see a lots cashing out through private placement disposal of shares and warrant this round from NOV till DEC. you must understand through private placement they are given 3 bonus warrant for every 2 shares compare to earlier shareholders 1 bonus warrant for every 10 shares held. this is their game of self profitting or "raise fund". for example: fast global ceased to be a substantial shareholder.
Hopefully they will push it up for something more positive rather than abuse the market.

Sometimes we can't blame the Negative the sentiment of rights issue too, it is the Capital concerns that matter. if i am holding 100,000 units MAS @ 85sen at RM85,000 i may have to folk out another RM90,000 for 150,000 units of rights. . The total invested now is RM175,000 but will MAS give me DIV??? bonus warrant??? If i can't afford for the rights issue then opt to sell the OR which very likely the price may go down even further.

another announcement by EPF: 10/12/12 & 11/12/12 Disposed 1.8 million shares. balance remaining 256,000,000, if they keep disposing at the rate of 1M per Day they still need 256 Days to complete, what will MAS share price be then ???

... yo yo "E"MAS hunting season, waiting for 60 sen but judging by sentiment & disposal volume still takes sometime before selling subside. anyone willing to pay for the rights issue ( 3 rights / 2 shares at 60sen)?
every 1 shares you hold you have to fork out 90 sen for the rights. OK, if not willing then when sell the OR , i don't know what happen to OR if the sentiment is very negative?

ask & you shall be given MAS 10 sens tutup kedai, i won't even give 10 sen, huge mounting debts of 8 billion. dare to ask some more 60 sen, already tutup kedai long time ago if not for fund raising loop holes, squadering people money.

during NOV they intentional jack the mother to sell the warrant at 0.07 to 0.055, so 0.13 is a false alarm, anyway wait for the announcement. this counter is becoming hot lately compare to previous April

ya from 1.00 to 0.815 the from 0.815 to 0.745 torrential selling pressure, how long they can support when EPF is the one behind, better "wait" to confirm before jumping in, if they allow it to break 0.60 then gone case, something fishy is about to happen.

i have been following this counter since April, profitted a few time. believe me this is not a counter for short term play 3 to 6 months. this counter likes to play left pocket to right pocket to create false volume. i still hold at 13 range. i believe it will NOT fall below 0.095. those private placement price is 11 sen and above. a lots of warrant being sold to the market through earlier private placement. i think they will be a confirmed announcement later on for the development of a piece of land in cyberjaya, a jv with pt innovasi, maybe the will push it UP then. patience is required here.

the CULPRIT is always always with the institution,not the retailers who abuse the BURSA platform to perform their stunt. Mat Cendana you are wise in "wait & see". very tempting to me the CW

you are right KC, but first of all Khazanah has to get EPF to unload all the 250 over million shares to press down the price cheap cheap, i mean below 40 sen & the get in the crony to TAKE OVER CHEAP CHEAP just like DRB HICOM bought over PROTON not even evaluating the LAND that PROTON hold. that is going to be VERY VERY BAD PUBLICITY, and POLITICALLY INCORRECT. i dare you

... oh my god, lots of parking at 0.015. the Issuer is not going to give us a easy hand. the same applied to entitlement ratio. Example MAS CK ratio is 2:1 or 0.5 after ex rights issue 0.6 ratio or less 1.6:1. good luck everyone

sama sama, if MAS stays around 85 sen plus, MAS-CK, CN still worth to jump in. the Best of course is MAS CN 31/10/12 with 1.00 exercise price with 1.5 : 1 ratio. remember the formula, it works around 80 plus exercise if MAS last traded price is at 85 sen.

me too kena kau kau from MAS-CG, already get over the losses.
since nobody able to help me on the adjusted exercise price, this is what i DIY myself & share with you all

the "adjusted exercise price" for MAS call warrant the formula is this: (1 + (R/S)x M)/(1 + M) x existing exercise price ....
(1 + (rights issue price / last traded price before rights issue x 1.5 (3 rights / 2 share) / (1 + 1.5) x existing exercise price......
take MAS-CK as an example: [ 1 + (0.60 / assume to be 0.85 ) x 1.5] / 2.5 x 1.05..... will be around 0.865 ex rights exercise price.
so i means the lower the MAS last traded price goes assuming 60 sen will be equal to "Square One or Unchange" exercise price. it take at least 3 months to complete the rights issue, i believe they will make a speed it up. so MAS CG already mampus unless the issuer goreng it together with the mother.

rights issue price around 60 sen to raise 3 Billion, 3 rights for every 2 shares, no matter what i think they have to support at 60 sen above, but anything is possible

EPF sell non stop to pare down (258,597,000 shares), ready to dispose. everyday sell over 1,000,000 shares. wait for cheap cheap buy

WELL said BULLBEAR, stock as the Puppet with the Master Manipulator behind the Steering Wheel. By creating False BUYING & SELLING volume, bid after bid to lure you in. Neither can we see or knew them. the manipulator is well learned in the ART of DECEPTION as well as the ART of SEDUCTION +++ the ART of MISDIRECTION to kill us anchovy retailers. THE SHARKs have the MONEY to Build up Buying Volume and TONs of Shares to Sell. THEIR JOBs and only purpose together with their first hand info is to SELL or DISPOSE HIGH to you at the CLICK of A Button and within 1 second 5000 lot x 6 will be DONE. the master manipulator is very SEXY who knows how to play with our EMOTION! of FEAR! & GREED!
who cares how bad but you suffer, so everybody please take note

hopefully the WCT WB issuer, the biggest holder of warrant will Jack up the price to 50 sen but then it will create a lots of selling pressure " sell for less". already shown today 34.5 sen with 7800 over lot waiting to be dispose to want to BUY, not yet mentioning 35 sen above waiting to dispose. weiboy90 was right too, you need to push the mother as well. if this don't happen then can convert to mother share if you bought at 30 sen "2.15" to 35 sen "2.20 , touch wood mother share won't be push down to 2.20 below. HOLD may be another option. Good Luck to WCT WB holders

that is going to be TDC DOUBLE TAKE man

1)Dividend in DIGI share 6 for every 25 share held (TDC 10,000 shares means DIGI 400 shares for free) roughly rm 1,900 / 100Lot
1)DiGi to Acquire TdC after Liberalization???

Monday will OPEN PRICE may be 3.60, 10 sen above 3.50 closing price

the fact that they push it down yesterday, i got stuck there. of course everyone hope it will go up again 0.27 -0.28, i feel not today, hopefully i am wrong

within 2 Months for the rights issue at 0.22 per share, one for one, as always the will pump it up before the rights.

no so easy to go up 0.50, theorotically yes with exercise price 1.85, imagine who held the most WCT-WB, DON'T they KNEW IT and allow it to be traded cheap cheap. GARK was right, you only have MEAT if you convert. may i am wrong

any members here knew how to calculate the Adjusted Warrants Exercise Price after Rights Issue. for example MAS CK existing exercise price is 1.02, it should be lower after rights issue, same goes to Adjusted Conversion Ratio. any help???

from bursa announcement on the restructuring plan.

Par value is the money paid/injected to issue the share previously &
there is also the Share premium account. well i am still learning (not good in explaining, neither am i an accountant, just borrow the words from somewhere else) about how these corporate world COOK up the Account. as observed there are so many corporate accounting fraud happened in USA & ??? everyone tries to CHEAT if the REWARD & MONEY JUSTIFY. ACCOUNT FRAUD & CREATIVE DRESSING is already a norm. who knows??? who audit??? who cares??? everything done behind your back. WHAT TRANSPARENCY. #%XXX corporate governance. i don't believe all this crap. in US the Bank is the biggest con man they work together with the regulator. try to watch this documentary "INSIDER TRADING". thank you

FROM: lowyat.net

It is happening on account book.
While your x number of shares remain the same.
Last time you have 1000 shares at RM1 par value, now become 1000 shares at Rm0.10 par value.
Par value is the money paid/injected to issue the share previously.

FROM: lowyat.net

Basically no diff, that's just some kind of information to the shareholder that: We had loss 90% of the capital that you invest in our company, and seems like we are not going to earn them back, as we are in need of fresh fund now, we have to admit that and write them off so we can call you to inject more money under the regulation that govern the account.

As shareholder, you might need to prepare for the rights call, the rights price can start from RM0.10 (rights normally same or higher than PAR value, unless that's 2 call rights). Ratio & price will be determine later (actually also can roughly estimate, get the market value, divided by the intended capital need to be raise which is RM3.1b, then you will see roughly how much per share, that should be more or less the money need to be prepared).

Hope these answers and explanation from another blog forummers help

....It will ReBOUND, don't you think SO??? Hopefully for all share holders GOD SPEED

yes i understand everyone frustration, market sentiment cannot accept the rights issue dilution & share price adjusted lower after rights issue. They will issue OR to entitled shareholders and list the MAS OR to be traded in the market. to anyone willing to subscribe can buy the OR, those unwilling will have to sell the OR in the market (like KNM OR scenario).
they throw down the price from 0.90 triggering panic sell all the way to 0.805, bound back 0.84 to 0.855 range and close at 0.84. EPF keep selling for the past few months at 1.00 plus and NOW they are buying back after IniTiated Sell Call Panic Button at 0.80 range. sell high buy back low.

those who bought MAS CK & MAS CI issued by OSK please read the call warrants Adjustment After Right Issue, there is a formula in it which i don't quite understand. anyone care to help?

mat cendana, all the issue MAS call warrant is out to strip you off naked with the rights issue, be careful i already kena kau kau with my MAS-CG (regretted never sell early). i have learned from the market someone has to the MEAT (losser) in order for someone to GAIN in daily trading. there no ORGANICALY GROWN share market but only TOTAL MANIPULATION. Good Luck everyone

just be READY for any unforeseen circumstances as reporter by bursabulltrader KLCI: Worse Yet To Come. anywhere the whole restructuring exercise will take the next 2nd quarter 2013 to complete.

capital restructuring to reduce accumulated losses
step 1: Par value reduction from existing 1.00 to 0.10 plus share premium account reduction, i believe the 'share price remain the same ' after (step 1)
step 2: rights issue, borrowing money for us (this i don't like it), proposed rights issue details not as clear yet. if they succeed to raise further fund, it means share dilution, share price will be adjusted down after rights issue
of course market sentiment is not going like it, or when share price falls badly they will do step 3: 0.10 share become 1.00 share by merging 10 shares (0.10) to 1 share (1.00). just what they did to Time Dotcom.

hi! bullbear based on your work out in part 3, with RM216K pocket money in case *IF* Genneva honors the agreement, at the end of 1 year, my question is how could Bob redeems the ALL the GOLD from Al-Rajhi. maybe he can redeem it with 216k pocket minus 34.56k annum AR % plus "20.16k borrowing from friend" to repay 288K debt incurred. he can redeem his last bought gold "3rd round from Genneva for 360k plus 86.4K annum income (216k + 86.4k - 34.56k - 288k). in order "reclaim his invested money" he needs to borrow 2 more round from friends to reverse the whole thing.... as i ask this question i get the answer, he too is earning "2% monthly HIBAH" from the 2 earlier invested gold invested with Genneva, he may not need to borrow 20.16K from friends. but then the 1st bought GOLD will expired around 3 mths or 6 mths depends on contract. a bit confuse here. anywhere thank you for clarification. i was lucky that i didn't join bcos i find it hard to justify how Genneva make money to pay for 2% hibah,is not my style to implicate my surrounding friends, i question them a few time, it seems no one can give good reasonable answer, ponzi perhaps

Sifu Chong, i am a newbies here, i have been monitoring all your recommendation and insight. very appreciative of all the background hardwork especially your invalueble "time" you invested to get to the bottom of all these listed company and "sharing spirit" towards all members. it is very sad to hear you leaving, for you are a very good knowledgeable guide to me. your coverage & experience speaks volume. could you kindly add me to your forum too: helynleong@yahoo.com
god speed