Please check bursa announcement in Jun17. Proposal.

As long as we all keep guessing, syndicate will keep going play around the share price. Tml moring mostly will gap up, then lets see it will limit up until 2.00 or the other way force selling. Good luck everyone.

1.54 limt up will be exactly 2.00. Excited to see how is the shares movement tml.

Bkoon will diversify its business to property sector and will issue new shares to 3rd parties. I think this will drive the shares price up until confirm the issue price.

Road block again at 0.30

moneykj 0.40 is gimmick from me, not for the operator.

0.40 is moneykj own target price not from insider? Anyway I bot at 0.25 and will lock my profit if fall to 0.27. Hope really can touch 0.40. TQ moneykj :)

Tml opening I guess will sell down, then being pushed up to green to attract more buyers. After that it depend on operators either continue dumping all the way down, or make a 2nd uptrend in order to take profit slowly. Good luck guys.

Expected monday will open high, then should be profit taking and sell down. Just my 2 cents, looking to lock my profit.

the Company has entered into a distribution and technology collaboration memorandum of intent relating to its multimedia videoconferencing and mobile application products with e-horizon Asia Pte Ltd. In addition the Company is also in discussion with a few other companies to undertake similar distribution and technology collaboration and related businesses.

Insider disposal on 3/7 & 4/7. Who is the one sell down today?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5478101

Manipulator should be taking profit, anyway will buy back again once it has stabilised.

May I know why everyone attacks erkongseng? Haha...I checked back actually erkongseng already called buy ancom since 0.60, he should be helping many small investors to gain owesome profit right?

Finally rebound, hope don't pump and dump this time. :)

Back to 1.02

The disposal of Unreserved is a good sign of business restructure, hope more good news coming until QR out in Jul.

The accumulated losses of Unreserved was RM7,125,886 as per the audited financial
statements for the financial year ended 31 May 2016. Having considered the continued
losses at Unreserved, Redberry has decided not to incur further losses and to dispose of
Unreserved at a nominal value of RM50,000 for the publishing rights of Unreserved.

Ancom Berhad (“Ancom” or the “Company”) wishes to announce that its wholly-owned
subsidiary, Redberry Sdn. Bhd. (“Redberry”) had, on 29 June 2017, entered into a Share
Sale Purchase Agreement (“Agreement”) with Newsmakers Productions Sdn. Bhd.
(“Newsmakers”) for disposal of 2,375,000 ordinary shares (“Sale Shares”), representing
95% of the issued and paid-up share capital, in Unreserved Sdn. Bhd. (“Unreserved”) for
a total cash consideration of RM50,000 (“Sale Consideration”) (“Proposed Disposal”).
Upon completion of the Proposed Disposal, Unreserved shall cease to be a subsidiary of
Redberry, which in turn a subsidiary of Ancom.

Macroaxis sharing by you. Check "technical" and "recommendation" side.

Tecpower, the article recommendation: strong sell. The best fit line has a slop of 0.0055 % which may suggest that Dufu Technology Corp Berhad market price will keep on failing further. Really?

Hope 1.40 is the support level and push up tml, more than a week din't close in green already.

I guess those force sell down should be those manipulator taking profit, pressing the price down all the way from 1.56 to 1.40 now.

Company performance is not bad and PE of 8+ still consider low. However if the manipulator keep on disposed their shares, we also cannot do anything even other tech counters already rebounded. The shares price keep on dropping like no support line, hope it wont drop back to my purchase price at 1.38.

i3ventor, it has touch your insider news with target price 1.50. Congrats!!

Bottomless...pump & dump. One of the worst tech counter. Low PE also no use. Pls show some power.

Directors disposed shares on hand.

Im still holding tight at average 8.5cts. Not yet given up.

Anyway my point is everyone free to give any comments, no personal attacks. Cheers brother 2017ks. Haha

This already mentioned earlier from bro hitsnrun 1) hard to transfer to mainboard and 2)result not bad when the price went till 1.26. He did suggest to sell the shares first that time. After that the price really drop till currently at 1.10 only. Sometimes we really need positive as well as negative comments to make a right decision rather than labelling those who give negative comments like jay111 as funds manager who only take advantage on others. If the price can shoot up, than should be everyone happy however if price continue dropping then I will pity those chase high at 1.26.

Im still holding since 2 months ago and will see how it goes. TP 0.20. If continue drop till 0.12, I may be will lock my profit. See what they are cooking inside.

2017ks, If funds manager want to make chaos it should happen to uptrend stocks so that they could collect at cheap price but mmsv already dropped 16 cts from highest even result out today. You mentioned funds are corporate with someone to delay the Qr released, how you know this? Or also just try influence others? However if the uptrend tml can sustain and market sentiment turn good, it should be good entry tml.

Haha..suddenly so hot in this forum. We all here also not able to influence the price movement, only syndicate behind control the price. They can push up the price tml and sell down like Dufu style, or directly pump till new high also possible. Lets see what they want tml.

They have pushed up the price from 1.07 to 1.26 last week. Now pull back until 1.10 (dropped 16 cents in just 4 days) while the QR most likely will be released in these 2 days. The result should be good and already took in by public's expectation. The only catalyst is the possibility in moving to mainboard so the big fund is profit taking actually? or accumulating?

Market sentiment not good these few days. TA securities give the target price of 13 cents

New property project:
Luster Industries (Luster) entered into a project financing, management and
construction agreement with GDW Mengkuang (GDW) to appoint Luster to act
as the project financier, project manager and contractor for the development of
a portion of the land, measuring 84 acres, in Bertam, Seberang Prai, Penang.

Our view:
We are positive on the agreement as the group does not need to fork out
substantial amount to indirectly own and develop the 84-acres land. The
payments to PERDA (RM13.2mn) will only be made progressively over a period
of time before the project is completed. In addition, the effective land cost for
Luster of RM5.0psf, after taking into account payments to PERDA and
compensation to PTP, is at a steep discount to RM38psf for residential land in
Bertam.
As far as sales are concerned, the project location is approximately 2km away
from Tesco, Mydin and Sunshine Bertam shopping mall. As such, we believe the
demand would be overwhelming for these affordable properties, which will be
priced at approximately RM200,000 for a unit of terrace house. Looking at past
transactions, we understand from management that all 451 units of properties,
which situated on the same land, were fully sold when the project was launched
two years ago.
In terms of construction risk, it is low as compared with a greenfield project.
Note that this project has received all necessary approval for Luster to launch
immediately. The land has also installed with some basic infrastructure

Diversifying into property development:
It is announced that Luster will seek approvals from its shareholders to diversify
into the construction and property development business in due course if
required. This indicates that profit contribution from this segment is expected
to be substantial as opposed to current profit. After securing three property
development projects since Mar-16 (see Figure 1), i.e.: Taman Tasik 1Malaysia,
Alwaqf and Bertam project, worth a combined GDV of estimated RM261mn,
property development is expected to be one of the key earnings drivers in the
future.

Financial impact:
We raise our FY17-19 earnings projections by 32-79% to factor in contribution
from Bertam housing project

Recommendation:
We raise Luster’s DCF valuation to 13.0sen/share (from 11.0sen/share
previously), based on a revised discount rate of 13% (from 14% previously).
The change in discount rate is to commensurate the earnings risk, which we
believe would be substantially reduced after diversifying into construction and
property. Note that the housing projects secured so far are all on JV basis, which
the group does not have to fork out massive investment for land purchase.
Furthermore, as the projects comprise mainly affordable houses, sales of
properties are expected to be overwhelming.
We reiterate Sell recommendation on Luster as the stock remains overvalued.
Re-rating catalysts include: 1) securing new manufacturing contracts and
housing development contracts, and 2) revival of casino project in Cambodia.

Market sentiment this few days also not good. Many counters facing profit taking.

Luckily sold at 1.17 this morning. If moving to mainboard has no chance as what HitnRun said, then should be game over. This is a good company just the movement of its share price really make me out of patient.

It rose from 1.60 in Jan'17. What is the best price to enter? I wanna accumulate

Pump & dump again. Why drop again when QR come out soon?

Hopefully will rebound back to 1.22 as it has dropped 12cents from highest though qr release soon.

Will drop back below rm1?

Those senior exce sold their esos imediately after received. New boss definetely coming soon following the designation of old owner during the agm. The rumour is real, but we dont know when manipulator will stop the game before anouncement out. Obama what is your bad news you mentioned earlier will come out soon?

Yes. Syndicate is playing around the share price. There a
You can notice the buy and sell volume are 10mil+ throwing and absorbed at the same time. The price movement also very slow, doesn't looked like wanna trap the retailers. Lets see how it goes today.

What I know last 2 months is big boss going to buy Luster just the movement of share price this few days really unpredictable. Either it touch syndicate target price and game over, or just consolidate. No body know.

Obama mind to share what is your insider news? Any bad news coming out soon?

Please bear in mind the fresh equity funds from private placement recently, there should be new business coming. It is weird the old director resigned at this time, really excited who is the new owner behind the screen.

Once show time for Penta is over, will be Luster's turn?

New owner collecting now? I am still holding.