firehawk

firehawk | Joined since 2014-10-05

Investing Experience -
Risk Profile -

Followers

0

Following

0

Blog Posts

3

Threads

4,769

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
4,769
Past 30 days
3
Past 7 days
0
Today
0

User Comments
Stock

2022-12-20 23:20 | Report Abuse

so shock to see this at 8.18, a few mths ago thinking to enter at about 9, however didn't make it ..... the only -ve factor about this stock is, growing is limited and yet, so unexpectedly this can cause price sliding so much :D
maybe funds are cashing out.

News & Blogs

2022-12-20 22:51 | Report Abuse

Today the site back to normal view, after more than 2 weeks in glitch .... this is how GLC performs .....

Anyway, seemed that not many i3 users concern ......

Stock

2022-12-19 22:48 | Report Abuse

No surprise below 0.40 again!

Stock

2022-12-19 22:33 | Report Abuse

Group revenue for Q2FY2023 was RM220.4 million, an increase of 21.9% as compared to
RM180.8 million for Q2FY2022. The increase was due to the increase in sales of both tissue paper and personal care products.
The Group recorded a loss of RM5.2 million before tax for Q2FY2023, a decrease of 182% over a profit of RM6.4 million registered in Q2FY2022. Higher costs of raw materials, distribution, and operating utilities such as electricity and gas have negative impact to the margin. Besides, the Group also faced higher exchange losses on the weakening of Ringgit Malaysia against US Dollars.

Stock

2022-12-05 23:36 | Report Abuse

If not PH DAP BN, it would be PAS, Bersatu, BN ..... so, how a bout this? much better?

News & Blogs

2022-12-05 21:30 | Report Abuse

Bursa Co. announcement website has not function properly, e.g. today, after reading the 1st. page co.annoucement on 05Dec, the 2nd page (or next) goes to 14Sep, anyone knows how to continue to read the following pages after 1st page?

This has been happened since last week, although it was rectified later, it happens repeatedly.

The search function is also not working now, no one experiences this?

Stock

2022-12-03 08:09 | Report Abuse

Even below 40sen .... his ability to sink share price is very impressive :-(

Stock

2022-12-02 10:35 | Report Abuse

today cheap sale ;-)

Stock

2022-12-02 09:59 | Report Abuse

those bot last week is smiling now .... is actually quite a safe bet ;-)

Stock

2022-12-01 09:34 | Report Abuse

Some value investors (maybe not all) are very happy because they can always buy at cheap price, always happy .....

News & Blogs

2022-11-30 17:24 | Report Abuse

6 are in +ve, 70 are in -ve ..... more than 90% are losing :-(

News & Blogs

2022-11-30 17:18 | Report Abuse

Very wise proposal, should be listened and accepted !

Stock

2022-11-30 17:00 | Report Abuse

the best criteria about this counter is, always provide cheap entry price to value investors !

Stock

2022-11-29 21:57 | Report Abuse

From the cash flow report, Cash & Cash Equivalents at end of the period :
Current Year 9 Months ended 30-Sep-2022, 5.62m
Preceding Year 9 Months ended 30-Sep-2021, 61.93m

Previous QR,
Current Year 6 Months ended 30-Jun-2022, 16.50m
Preceding Year 6 Months ended 30-Jun-2021, 7.86m

Like last year, again now is cash constrain, for last year, there was a PP,
On 1 July 2021, the First Tranche was completed with the listing and quotation of 272,667,000 Ordinary Shares on the Official List of Bursa Securities, raising total proceeds of approximately RM129.52 million.

This year?? May be he can ask Vietnam power station to give dividend ;-)

Stock

2022-11-29 21:36 | Report Abuse

Almost gave back all the profit of previous Q ..... when someone put up the very complicated crack spread analysis 2 month ago, another fellow replied, he felt like reading a sifu analysis on JAKS 2 years ago, I felt so humourous :-)

Stock

2022-11-29 15:42 | Report Abuse

curiousq
Posted by Aseng > 2021-11-17 15:01 | Report Abuse

My good friends , our exit TP is 2 years or RM1.50 whichever earlier.
we are value investors. we know what we buy ,
we know we must give time for the business that we are involved to grow .
we know successful investment has just 2 criteria to comply,
1. know what you buy .
2. stay with what you buy until you see the success or convincingly proven wrong by facts and data , not comparison.
we should know not every one here share the same good lucks or good karma .
~~~~~~~~~~~~~~~~~~

Talked like a Guru, but only good in rhetoric .... do you believe he knows what he bought ..... and he even knew not every one here share the same good luck or good karma like him .......

Ha Ha ha ..... anything more entertaining than this?

News & Blogs

2022-11-27 15:28 | Report Abuse

Should contest for the president post in the coming party election !!

News & Blogs

2022-11-26 16:06 | Report Abuse

In the examples above, the first 4 MPs can cast 4 votes in Parliament, while the Bangi MP can cast 1 vote !

News & Blogs

2022-11-26 15:48 | Report Abuse

Besides analysis on ethnic, not sure whether there is analysis on number of voters difference between constituencies, I observed that, there are big differences between constituencies, examples,
Lenggong (in northern Perak), 36,975 voters
Padang Rengas, 38,722 voters
Putra Jaya, 42,696 voters
Labuan, 44,515 voters
Bangi, 303,517 voters
Kota Raja, 244,807 voters
Damansara, 239,203 voters

1 vote in Lenggong worth more than 8 votes in Bangi ..... is this a discrimination? should this be rectified?

News & Blogs

2022-11-26 15:17 | Report Abuse

By the time, Najib was PM, slogan, "Satu Malaysia"
Muhyidin (as TPM), "Satu Malaysia, Malayu Dahulu"
This is how good he is !!
2 days before voting, he attacked his opponents by using Christian, Yahudi (Jews) ...... he again, make used of religion and race issues, this is how good he is !!

News & Blogs

2022-11-25 15:38 | Report Abuse

For some people, apologize to peer group, is for the sack of co-operation and mutual prosperous .... for some other people that always want to show dominance, apologize means that you recognize the master and slave relationship that he asks for.

Stock

2022-11-25 10:12 | Report Abuse

Ask mr loo to dump to you, he has a lot ....

News & Blogs

2022-11-24 22:03 | Report Abuse

After so much rhetoric, may I ask, "Does he has the numbers?"

Stock

2022-11-23 21:59 | Report Abuse

Everyday share buy back but become lower and lower ..... substantial share holder also run away .....

Stock

2022-11-22 10:26 | Report Abuse

Short Selling Trade Detail By Stock For 21/11/2022
Stock Code Short Name Long Name RSS Value(RM) RSS Volume IDSS Value(RM) IDSS Volume PSS Value(RM) PSS Volume PDT Value(RM) PDT Volume Total Short Selling Value(RM) Total Short Selling Volume
4456 DNEX DAGANG NEXCHANGE BERHAD 278,920 487,600 1,258,319 2,200,000 0 0 1,509,339 2,695,300 3,046,577 5,382,900

News & Blogs

2022-11-22 10:20 | Report Abuse

Daily Trading Participation
As at 21 November 2022

Participation Participation % Bought (RM Mil) Sold (RM Mil) Net (RM Mil)
Foreign 22.37% 476 643 -168
Local Institution 48.67% 1,207 1,228 -22
Local Retail 28.97% 819 630 189
Total 100.00% 2,502 2,502 0

Yesterday, the day after the GE, FF and local institution were selling ... retailers was sole buyer.

Stock

2022-11-22 10:13 | Report Abuse

After retailers were played over and over (extension after extension and terms revised) .... now retailers not dare to enter (after sold at not much gain /loss) ...... ;-(

Stock

2022-11-21 16:35 | Report Abuse

If PAS is confirmed not in the federal gov/ state gov ..... should see the price recover rapidly :-)

News & Blogs

2022-11-21 16:19 | Report Abuse

Anwar can get enough MPs number to appoint them?

Stock

2022-11-21 10:04 | Report Abuse

Today is not a holiday .... good for this counter ;-)

Stock

2022-11-21 09:48 | Report Abuse

B2. Material change in profit before taxation for the quarter against the immediate preceding quarter
The Group reported a loss before tax of RM3.56 million for the current quarter compared to a profit before tax of RM3.46 million for the immediate preceding quarter ended 30 June 2022, a change from profit to loss before tax by RM7.02 million or 202.89%. The particleboard sector experienced a general slowdown in the market resulting in lower sales and production volumes for the reporting quarter. The RTA sector also experienced a general slowdown, and a significant cost increase due to the implementation of minimum wage in May 2022.

Stock

2022-11-21 09:42 | Report Abuse

Now .... more ppl realized what is actually happened ;-)

News & Blogs

2022-11-21 00:45 | Report Abuse

Do you know the meaning of "wish"?

News & Blogs

2022-11-21 00:01 | Report Abuse

The truth is, Zahid is the king maker

News & Blogs
News & Blogs

2022-11-20 15:56 | Report Abuse

Tomorrow market would be ...... :-)

Stock

2022-11-18 14:00 | Report Abuse

(Excerpt from yesterday announcement)
Various discussions were held between the parties to deliberate on the option of financial instruments to be used for purpose of raising the aforementioned funds. Of the options discussed, the parties had sought to opt for the possible issuance of Irredeemable Convertible Preference Shares (“ICPS”) in DNeX Semi amounting to RM100 million to be issued to and subscribed by MIMAS (“Proposed Investment”). The Proposed Investment forms the subscription exercise that was the subject of the Subscription Agreement dated 21 January 2022 entered between DNeX Semi, MIMAS and DNeX (“SSA”) by which MIMAS would become a 33.33% shareholder of DNeX Semi in return for a payment of RM100 million. The rights of the DNeX Semi and MIMAS as shareholders was to be regulated by the Shareholders Agreement dated 21 January 2022 entered between DNeX Semi, MIMAS and DNeX (“SHA”).
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The SSA and SHA were not publicly revealed, hoewever, DNex could be at the better stand, after all, the Notice of Arbitration was issued and served by DNex to MIMAS, not the other way round ..... my personal opinion is, DNex performs responsible manner to the dispute by seeking clarification on the Asian International Arbitration Centre Arbitration Rules ..... GCP /MIMAS is still their 40% partner, DNex wants to settle the dispute in good manner ......

News & Blogs

2022-11-18 13:57 | Report Abuse

(Excerpt from yesterday announcement)
Various discussions were held between the parties to deliberate on the option of financial instruments to be used for purpose of raising the aforementioned funds. Of the options discussed, the parties had sought to opt for the possible issuance of Irredeemable Convertible Preference Shares (“ICPS”) in DNeX Semi amounting to RM100 million to be issued to and subscribed by MIMAS (“Proposed Investment”). The Proposed Investment forms the subscription exercise that was the subject of the Subscription Agreement dated 21 January 2022 entered between DNeX Semi, MIMAS and DNeX (“SSA”) by which MIMAS would become a 33.33% shareholder of DNeX Semi in return for a payment of RM100 million. The rights of the DNeX Semi and MIMAS as shareholders was to be regulated by the Shareholders Agreement dated 21 January 2022 entered between DNeX Semi, MIMAS and DNeX (“SHA”).
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The SSA and SHA were not publicly revealed, hoewever, DNex could be at the better stand, after all, the Notice of Arbitration was issued and served by DNex to MIMAS, not the other way round ..... my personal opinion is, DNex performs responsible manner to the dispute by seeking clarification on the Asian International Arbitration Centre Arbitration Rules ..... GCP /MIMAS is still their 40% partner, DNex wants to settle the dispute in good manner ......

Stock

2022-11-18 13:37 | Report Abuse

Revised issue price from 0.14 to 0.22 is no doubt, put SYF shares in higher value .... issue less shares for M&A securities acquisition, directors and employees of SYF, M & A Securities eligible for the restricted issue have to pay a higher price .....

This good thing could be not benefit the retailers, they might have sold their holding at around 0.30 after holding almost one year or more, at not much gain .... if they re-enter now, they would facing new opportunity and risk ..... :-)

Stock

2022-11-18 12:30 | Report Abuse

osted by Calbiz > 3 hours ago | Report Abuse

*DNeX meeting keytakes (Zoom)*

*Date: 17 Nov 2022*

*Management: TS Syed Zainal Abidin (CEO) and team*

*Key takeaways:*

- Mgmt noted that DNEX still owns 60% of Silterra currently.
- Mgmt noted that there might be some misunderstanding on the acquisition – infact the funding was all from DNEX via internal funds, not ICPS.
- The issuance of ICPS – was the instrument for future funding.
- The reason of the arbitration – it could trigger a breach of the manufacturing license due to explanation in the announcement – and mgmt did so to protect the shareholders.
- Partner of CGP is of the different opinion, and mgmt did so to protect the interest the shareholders.
- But mgmt thinks this should NOT affect the operations and Dnex wants to make sure Silterra's expansion is on track.
- Next step of process: Unable to give the details at this juncture – as guided by the process of arbitration. Mgmt will continue to protect Silterra so that it will not breach the manufacturing license and protect the interest of shareholders.
- Arbitration taken this round is to resolve the different opinions from both parties.
- Manufacturing license is still intact; mgmt has checked with MITI on this.
- What will be the outcome? Cannot draw a conclusion as yet.

*Q&A*

- Accordingly to mgmt, both parties (DNEX & MIMAS) respect the process, and best way (maybe) is to go to arbitration.
- Alternative funding options if MITI does not approve CGP’s ICPS – mgmt thinks that there could be two parts of funding – Silterra (strong cash position) and group’s level (strong cash position)
- Impact of LTA? Mgmt thinks that the disagreement might not affect LTA just because of this issue – because all was done professionally from the beginning – with the customers.
- The ICPS has not been issued hence CGP has no right to subscribe the additional shares.
- Impact if worst case? Mgmt will try its very best to make sure that the manufacturing license to be intact.

*Closing remarks*

- DNex is still very much in control of the operation. And the manufacturing license is still intact, and will make sure the license will not be breached.
- Operation will not be affected – no concern on this
- Mgmt is confident that this will be resolved ultimately and the utmost priority will be to protect the interest of shareholders.

Thanks!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
- Mgmt noted that there might be some misunderstanding on the acquisition – infact the funding was all from DNEX via internal funds, not ICPS.
- The issuance of ICPS – was the instrument for future funding.

If these are the facts, DNex is in better position to settle the arbitrage ..... contradict to some ppl understanding, that DNex issue the ICPS for acquisition.

Different from SerbakD too, this doesn;t involve fake account, fake orders, but merely funding at corporate level, which has no effect on operations. In in the right path, DNex not to violate the condition set by MITI.

This counter has a lot of retailers,
10,001 to 100,000 ; 10,964 persons hold 373,815,253 shares ( 11.84%)
100,001 to less than 5% of issued shares ; 2,308 persons hold 2,314,061,095 shares (73.32%)
5% and above of issued shares , 1 person holds 359,000,000 shares (11.37%)

make the counter subject to wild fluctuation ........


Stock

2022-11-17 14:46 | Report Abuse

2. DETAILS OF AMENDMENTS/VARIATION TO THE SSPA
The following are the amendments/variation to the SSPA: -
(a) The following definitions of Clause 1.1 (Definitions) of the SSPA shall be deleted and replaced with the following:
“Consideration Shares means 1,009,090,909 new SYF Shares to be issued by SYF to Insas at the issue price of RM0.22 per Consideration Share as full settlement of the Purchase Consideration, and subject to such adjustments as contained in the SSPA.”
“Proposed Rights Issue means the renounceable rights issue of new SYF Shares to Shareholders on the basis of one (1) Rights Share for every two (2) existing SYF Shares at the issue price of RM0.22 per Rights Share at such entitlement date to be decided at a later date under which, the holders of the Consideration Shares and Restricted Issue Shares will not be entitled to participate.”
“Proposed Restricted Issue means the issue of new SYF Shares to eligible directors and employees of SYF, M & A Securities, other subsidiaries of SYF and persons who have
contributed to the business and growth of M & A Securities representing not more than ten percent (10%) of the enlarged share capital of SYF after the Proposed Acquisition, at an issue price of RM0.22 per Restricted Issue Share.”
(b) The Clause 4.1 (Satisfaction of Purchase Consideration) of the SSPA shall be deleted and replaced with the following:
“On the Completion Date, SYF must satisfy the Purchase Consideration by the issuance and allotment to Insas of the Consideration Shares (at an issue price of RM0.22 per Consideration Share) at an aggregate value equivalent to the Purchase Consideration.”
Save for the above, all the terms and conditions of the SSPA and Supplemental SSPA are unaffected and remain in full force and effect.

Stock

2022-11-16 21:17 | Report Abuse

Revenue flat, profit dropped severely (more than 50%) ......

Stock

2022-11-16 15:39 | Report Abuse

Going to announce good Q result?

Stock

2022-11-15 22:00 | Report Abuse

T4Q result: EPS= 8.95 Cent ; P/E= 22.68
Annualised: EPS= 8.92 Cent ; P/E= 22.76

Stock

2022-11-15 16:15 | Report Abuse

cannot already, Q result sliding ......

Stock

2022-11-15 09:27 | Report Abuse

where can read the Dato comment?

Stock

2022-11-11 16:35 | Report Abuse

Those sold above 0.32 can consider to buy back now .... safety margin is 0.32.... :-)

Stock

2022-10-31 16:03 | Report Abuse

Mr. Lee and family are all very smart and clever persons

News & Blogs

2022-10-30 20:27 | Report Abuse

Yes! if BN wins, can co-operate and become minister again .... let Muhyidin and Bersatu go to hell !!!

News & Blogs

2022-10-28 14:47 | Report Abuse

Daily Trading Participation
As at 27 October 2022

Participation Participation % Bought (RM Mil) Sold (RM Mil) Net (RM Mil)
Foreign 26.27% 554 429 125
Local Institution 47.19% 832 933 -101
Local Retail 26.54% 484 508 -24
Total 100.00% 1,870 1,870 0