cosway

cosway | Joined since 2013-01-25

Investing Experience Intermediate
Risk Profile Moderate

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News & Blogs

2021-09-10 14:44 | Report Abuse

choo bee's latest EPS is 38 sen not 17.15 sen. So its ranking shud be higher.

Stock

2020-03-19 12:34 | Report Abuse

This is not about d Covidvirus anymore, tsunami is from D damn US hedge funds who are caught in this huge meltdown. Just receive a cnbc message S. korea's Kospi dropped 9.1%, Phillippines PSE index plummet 11.57% followed by all major Asian indexes.
If u think it is cheap now, it will be cheaper d next day n d next day.
Don't try to stop a falling knife!

Stock

2020-03-19 12:18 | Report Abuse

Folks, be very cautious!
The market meltdown like 2008 Lehman brothers is definitely becoming a reality. This time it is Bridgewater Hedge fund control by Ray Dalio. Ray Dalio was caught wrongfooted with huge losses at Bridgewater fund. His Pure Alpha Fund also down 20% after coronavirus-induced sell down in NYSE as well as in China. Who knows maybe there are more similar cases like Bridgewater just waiting to explode altogether.
DOW futures is heading south with a big drop of 899 points for tonite's opening, view here: https://www.cnbc.com/pre-markets/
Asian markets oredi melt down see here for world indices: https://in.finance.yahoo.com/world-indices
Don't hold the shares u r caught in, sell it n retain yr cash, tommorow may be lower pricings. CASH is King now. This is not a call for action, whatever u do u must bear d respective consequences.

Stock

2018-05-21 09:15 | Report Abuse

Stockist n short seller syndicates at play.

Stock

2018-05-19 12:37 | Report Abuse

WCT paid RM3100 psf for TRX land deal-the highest price recorded. Tabung Haji bought at RM2,773 psf and KWAP purchased the land at about RM2,300 per sq ft. All done in 2015 & money sucked into 1MDB blackhole.

Read more at https://www.thestar.com.my/business/business-news/2015/05/11/kwap-agrees-to-buy-trx-land/#7lUOcGz4syJQkf8k.99' target='_blank'>https://www.thestar.com.my/business/business-news/2015/05/11/kwap-agrees-to-buy-trx-land/#7lUOcGz4syJQkf8k.99 Is there any fishy business going on?

check out this article:
https://www.edgeprop.my/content/wct-pays-1mdb-rm223-million-rm3100-psf-trx-land
https://www.thestar.com.my/news/nation/2015/05/08/tabung-haji-defends-decision-to-buy-trx-land-from-1mdb/
https://www.thestar.com.my/business/business-news/2015/05/11/kwap-agrees-to-buy-trx-land/

Just a friendly advise! Don't wait until 1MDB fully exploded then it will be too late salvage. Buy any other counters without scandal involved.

Stock

2018-05-19 11:58 | Report Abuse

Caution to potential WCT & Malton buyers. Both belong to the same guy! These 2 counters may go down further when more evidence is being revealed related to that "Horrific" Tan Sri, Ex-PM, TRX & Bandar Malaysia mega projects.
Check out this article & make up your own decision:
https://www.malaysiakini.com/news/425628

Just like opening a can of worms, more & more evidence is coming out but it takes time for the authorities to prosecute.

News & Blogs

2017-05-04 09:59 | Report Abuse

If you are not ready to open up to all members THEN don't write a silly comment to attract attention! You are simply wasting everybody's precious time!

Stock

2017-04-13 10:15 | Report Abuse

Stockist is also caught at these prices, just has to rollover once every 7-10 days or so to avoid making payment. Park in first and wait for 24 Apr verdict. WB at 6 sen is a good BUY.

Stock

2017-03-13 11:15 | Report Abuse

At least got to go up to par value 50 sen leh

Stock

2016-11-17 10:09 | Report Abuse

If US Dollar keep going up, AA will keep going down as its huge loan on plane purchase is in foreign currency. Beware B4 U get caught in a bad bad situation!

Stock

2016-04-28 15:02 | Report Abuse

Those who claimed Connect supply to Apple is just an assumption. Just look at Apple's latest financial result in really bad shape. Sales down, profit down even in Taiwan the Taiwanese suppliers' shares also pulled down. Better forget about this counter!

Stock

2016-04-23 13:10 | Report Abuse

U know M'sian court lah, defendant lawyer can apply sick leave or postpone d case while gathering for more favorable evidences. Such a big compensation/loss! Apply delay tactic to buy rime, usual lah! Just lie low, maintain d "Buy low n sell high" strategy. Keep constant monitoring!

Stock

2016-04-22 11:06 | Report Abuse

Looking at the buyer disappearance, you will know it is not a successful judgement - maybe postpone again. Me too not going to wait for something so unsure.

Stock

2016-03-31 11:08 | Report Abuse

PM is dishing out lots of projects to Sarawakian co, maybe BIG will also get some share! Good chance on upward trend.
Adenan seeing the governor today then later may announce the election date!

Stock

2016-03-31 09:44 | Report Abuse

Something real fishy going on, this counter has no volume but keep inching up! No way to buy at low price. Cunning syndicate!

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2016-03-16 15:51 | Report Abuse

Be patient! wait for Adenan to announce the Sarawak election date, he is still pouring out more goodies. Announcement maybe in the next few days. 0.26 sen is a good buy.

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2015-11-09 15:21 | Report Abuse

Bravo Roger I support you! Just bought in last Fri at 2.87. It will be push up towards the ex-date. We just make our deserved profits but don't be bothered by others.

Stock

2015-10-29 14:19 | Report Abuse

There were so many cases whereby syndicate "push & dumb", stocks like TMS, MQ TECH, PESONA, connect etc.........
Go read this here: How a Stock Pump and Dump Really Works?
http://ongmali.blogspot.my/2015/02/how-stock-pump-and-dump-works.html

Stock

2015-10-22 10:37 | Report Abuse

Its 1st qtr made 7.2M profit looks like co turn around. wait for 2nd qtr result if good then this counter will move up further. At this price 37.5 sen u have to hold n wait for 2nd qtr results maybe for another month.

Stock

2015-10-22 10:22 | Report Abuse

Today T3 due 29.56 million shares at prices between 11.5-13.5 sen, but most were done by big shark while in d process of pushing up. If u can get 11.5 sen u r considered lucky.
Hopefully the court case confirm the payment then it can go up further!

Stock

2015-07-31 15:09 | Report Abuse

Select the counter (WA), right click then open announcement, check the last day of trading

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2015-07-31 14:59 | Report Abuse

Maybe they push mother down until WA last day trading on 6/8, after that push up again.

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2015-07-30 17:10 | Report Abuse

Par value 20 sen but IPO price at RM1.20, 6 times more. Don't u think it is overvalued?

Stock

2015-07-30 10:11 | Report Abuse

Syndicate rollover, accumulation then push up la.

Stock

2015-07-29 15:26 | Report Abuse

Now it looks very obvious they are pushing mother share down to kill the WA share. Less conversions then more share for major shareholders on the profits!

Stock

2015-07-29 15:22 | Report Abuse

Well, as long as it is within the report period, they can delay it until 6/8. Conversion at 2.18 per 1000 shares, it is very expensive for us as you need a lot of capital. But for them it is peanuts, got discount some more if they buy at 4.5 sen + RM2.18 = RM2.225 only. Now mother share at RM2;27. What happen later if mother share go up further?

Stock

2015-07-29 11:13 | Report Abuse

Looks like Frontken before, last week there were still 6 millions WA shares not converted, so boss push it down until no value on ex-date on 6/8. Better buy mother share as good result expected.

Stock

2015-05-12 11:05 | Report Abuse

Huge sellers at 11.5 sen, question is who is buying?

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2015-03-02 17:29 | Report Abuse

WA conversion last day is on 03 Mar by 4pm. Let's see what is the action next!

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2014-08-28 10:37 | Report Abuse

Be realistic! Look carefully on 4th qrtr result cum financial year,
4th qrtr result show a loss of 6.36 mil, meaning co start loosing money until when??? Next qrtr?? Future Prospect doesn't look good!
Par value RM0.40, NTA at RM1.14 only but now trading at 1.19 still higher than NTA value. Strictly speculative counter.
Think wisely Bro.

Stock

2014-07-11 12:14 | Report Abuse

Co keep buying own shares into its treasury. Currently holding 36,546 M shares equivalent to 1/3 of its paid up. Paid up capital: 117.359 M.
Looks like may declare bonus issue later, just my 2cent opinion.

Stock

2014-07-02 11:30 | Report Abuse

Rebound is just syndicate trying to get more ikan bilis on board. Simply the reflection of a sun down.
Beware! Confirmed a falling knife!

Stock

2014-07-02 10:49 | Report Abuse

Looking at the historical data, SEAL on May 04 2014 was only 0.64 sen. With its insider news, spreading rumors on all public & social avenues & its syndicate-goreng characteristics, it went up more than doubled (until RM1.40) just within 2 mths.
S0 what is so great about property developers, worldwide property markets have became sluggish & sliding down gradually. There are much more solid reputable co like Mah sing, MBSB, Matrix & etc as a better more reliable choices.
Beware of a falling knife!

Stock

2014-07-02 10:27 | Report Abuse

Nomaland,

Remember Transmile case, false accounts submitted for several yrs until co get burst. CEO & accounting directors all go to jail. Shares prices even goreng up to RM 14 then become nothing. Real sad story.

Stock

2014-05-26 10:14 | Report Abuse

Today T+3 price range 11.5 to 13.5 sen Volume 342,135
2morow T+2 price range 10.5 to 13.0 sen Volume 857,901

Better wait until 2morow to consider go in!

Stock

2014-05-22 12:23 | Report Abuse

News from NST
Appointment of two directors said to be a prelude to reverse takeover

ETI Tech Corp Bhd, controlled by AirAsia Bhd’s Datuk Kamarudin Meranun, is likely to be a reverse takeover (RTO) target of Zenith Construction Sdn Bhd, part of a consortium that will develop the proposed RM6.3 billion Penang undersea tunnel project.

Last Friday, two Zenith directors, Zarul Ikhwan Zarul Ahmad and Datuk Mohamad Amin Mohamad Salleh, were appointed to the ETI Tech board.

Sources said Zarul Ikhwan and people aligned to him have gained control of ETI Tech after taking over the 10 per cent new shares issued by the company through their privatelyheld Hong Kong vehicle.

“This is not a hostile takeover. They have briefed the major block shareholders of ETI Tech of their long-term plans for the company.

They do not wish to change the core business of ETI Tech but are seeking a natural change,” said a source close to Zarul Ikhwan.

The biggest block is held by Kamarudin, one of the founding shareholders of AirAsia.

According to Forbes magazine, Kamarudin is Malaysia’s 27th richest person, worth nearly US$800 million (RM2.6 billion), based on shares in listed firms.

Maybank Investment Bank (Maybank IB) said in its reseach note on Monday that the entry of Zarul Ikhwan could be a prelude to an RTO.

Corporate Malaysia has seen a slew of RTOs over the past 12 months, starting with Eco World Development Group Bhd, Malaysia Aica Bhd and Damansara Realty Bhd.

Shares of such companies have risen by more than 100 per cent, based on RTO announcements and value of assets injected.

Zarul Ikhwan is the son of Datuk Zarul Ahmad Zulkifli, the executive chairman of consortium Zenith BUCG Sdn Bhd, which is undertaking the undersea tunnel project.

Mohamad Amin is the former chief of government- owned Syarikat Perumahan Negara Bhd (SPNB).

Maybank IB said the entry of Zenith could revive ETI Tech, a PN1/GN5 company.

“If an RTO takes place, we believe interest in ETI Tech will pick up as Zenith BUCG will be a prime beneficiary of infrastructure development in Penang. For Zenith, there is also a compelling factor to go for ETI Tech’s listing status for fund-raising in future,” it said.

ETI Tech has been making losses in the past two years and is in need of capital injection.

At a recent analyst briefing, Mercury Securities said the management of Zenith had indicated it was looking at taking over a public-listed company and ETI Tech was one of the companies under its radar.

The Zenith management likes ETI Tech as it is reasonably priced on absolute terms and the company is based in Penang, where the jewel of Zenith’s crown is located, it said.

Business Times understands that ETI Tech is expected to get two construction jobs worth RM255 million this week.

It will seal a joint venture with several privately-held Bumiputera firms, which will secure contracts from SPNB. -NST

Stock

2014-03-03 18:24 | Report Abuse

Sure will drop la becoz US & EU market will have big drop tonite.

Stock

2014-02-20 16:45 | Report Abuse

I remember read an article by research co said it is overpriced, bog down by high overheads & lower biz, they suggest selling.

News & Blogs

2014-02-20 09:20 | Report Abuse

And this should have been done umpteen years ago during Dr M's era. Don't forget the continuous bleeding is still on with the RM12.5 Bil PKFZ scandal where the govt stands for guarantee to the loans & paying interests.

News & Blogs

2014-02-20 09:16 | Report Abuse

Whatever a sensible govt should do is to cut off completely MAS by selling it at RM 2 to whichever interested party & stop this continuous bleeding & draining of taxpayers' money.
To help the rakyat - MAS Loss of 1,2 Bil can be used to pay compensation for 3 yrs for 14 highway tolls.

Stock

2014-01-28 10:46 | Report Abuse

Ya agreed, EPS only 1.92 sen. Only can say co is in the right track, good for medium/long term hold.

General

2014-01-25 17:43 | Report Abuse

World economy looks bleak. DOW & EU markets suffer d biggest loss. QE taper begin on 29 Jan then CNY on 31 Jan. What a coincidence! Bad start for 2014!

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2014-01-25 17:38 | Report Abuse

Most Chinese stocks are conman, came here to hit & run one! Many people got burn past & present!

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2014-01-25 17:32 | Report Abuse

Even EU market also down heavily, prepare for bloodbath on Monday la.
Syndicate looks strong, buy at 0.35 then sell when it rebounds, make some CNY pocket money.

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2014-01-23 15:53 | Report Abuse

Remember Bursa ruling, big players can do big "short selling" but we ikan bilis can't.

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2014-01-21 19:27 | Report Abuse

No big deal. Total bought to date 1,736,500 shares,only 0.41% of total paid up of 506.95 mil. Revenue & profit improve but not that impressive. Can buy if drop further to 0.60

Stock

2014-01-15 21:01 | Report Abuse

Check on its historical data, 2morrow T3 & T2 has d biggest volume & highest pricing. See below:

Date Open High Low Close Change % Vol ('00)
Wed, Jan 15 2014 0.505 0.525 0.465 0.480 -0.020 -4.00 238,449
Mon, Jan 13 2014 0.530 0.585 0.500 0.500 -0.020 3.85 461,822

More corrections until Friday, monitor closely maybe can get at 0.43-0.45 level. Buy at yr own risk

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2013-11-29 09:50 | Report Abuse

If you track the transactions, the culprit may be Lembaga Tabung Haji who has been selling. Who else can hold so many shares in pushing price down?

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2013-11-27 10:30 | Report Abuse

This one sell short by Big sharks today, just like Ingenco yesterday. Want to catch more ikan bilis like us la. Stay cool, monitor sideline