EPF acquired 1,809,100 shares at 2.25 closing. That 's quite large.

Good news, EPF started accumulating. Just need to wait for them to mark-up the price

Now, we have cleared weak shareholders. Hence, we are accumulating now and hopefully manage to mark-up the price for windows dressing soon.

It appears that all EPF agents of this counter have received intructions to clear thier holding as long the price more than 5 dollars. Whoever exit first, will get higher price.

Move on everybody.

Learn from your failure and focus on bigger picture .


For those sending PM to me asking for which counter to monitor, perhaps looks for companies that provide better dividend and doing eletrical cars business like Sime Darby which too undervalued now.

By the way, this is not buying or selling call. Please consult with your brokers.

Although I never experience how it felt to be loss money in the market, I know it's painful like your Lamborghini being taken by your own best friend after you loan the car to him because you trusted him so much. But you can always buy another better car to enjoy. driving...

Stay trade...

Hopefully less resistance to bring the price back to RM3 before end of this year.

Shakeout process to clear weak holders almost complete. We should be able to bring up the price next week.

Serba and its sibling are good stock to short and to play.

If you want to make good money safely on Bursa, then invest on companies that have benefit on electric cars such as Sime Darby.

You can see that smart money hired by EPF is clearing all weak holders on the stock for the past few days and it 's not surprising if the price can go more than 40% before end of this year.

Anyway, this is not buying and selling calls...
Get advise from your agents.

Since there were still some weak holders when we tried to mark up the price, we have no choice but need to bring price lower to shakeout the weak holders.

It appears that thier cost is at 40 cents . The only way shakeout these holders is to bring the price near/lower to their cost.

We will do shake out in the afternoon because we still can see some weak holders. We probably bring back the price to 0.61 this evening to clear them. You may take profit first if you want to.

Do you like the show today ?

That is what we call accumulation process to remove weak holders before we can start increase the price.
This counter attract institutions for thier dividends and potential capital gain to restore its original IPO price > RM1.

Good morning.

This counter appears on HFT radar this morning. Means, more hedge fund and institutions started buying....
For institutions, they are going for the good dividends...

It's going to a good day starting from today's onwards. Happy invest everybody....

:)

Yes. That was before they have MRT near MidValley. Now they already have MRT there.

We bought this counter because our office are here. So, we know how valuable to own small pieces of this company.

The mark-up will start tomorrow because we are occupied with SerbaDK today.

That's is why we lowering the price to allow us to accumulate for our clients.

100% until end of this year and 90% in other years

Anyway, it's already oversold and we have accumulated enough to bring up the price..

Congrats to all buyers and thank you for your patience

Let 's see if we can bring-up the price back during closing...

:)

Check my history chat...
If we can bring SerbaDK price up today, this counter have no issue at all...

Received some order to accumulate this counter starting tomorrow...

Congrats to all buyers...

Accumulation by smart money expected to be completed today. Let see if we can restore the IPO price starting tomorrow.

Aren't some of thier middle management get free stock thru MIP programme and able to sell less than RM0.40 to get profit and buy other better stock to make money?

Nice counter to short starting after the cabinet announcement...

Talking about chairman, I really hope Malaysia Government come-up with policy not to place any politician as Chairman. This has result many of foreign investors to pull out thier investment. We don't understand why they need to put jokers as chairman of GLCs which will tarnish thier political party name.

It seems government don't listen to the corporate community. Maybe they will listen if rakyat push them.

Looks, I have many Bumiputra frenz and most of them are smart and running big corporations particularly banks.

I also know some Oxoniensis are Bumiputra and they did well at least when they were in Oxford.


Anyway, I do not want to probo-probok anybody.

You know english (quoted by one of ex-chairman of big corporation in Malaysia)

Peace

See, I told you guys that Bumiputra so naive when come to trading.

They thought that stock market being run by volume and prices (Target Price) which so naive.

By the way, for Sapura case, I have given head-up to the investors that the price would be less than 10 cents when the price was more than 1 dollar and only those with internal circle trust me.
So, don't accuse me that I causing Sapura to be less than 10 cents.

They have been given enough head-up especially to Bumiputra there which have no idea how the stock market being run. They thought that stock market being run by volume and prices (TA) which so naive.

They have no idea when gap down happen, it's too late to exit .

You can see this counter as a good example. The institutionals are exiting and retailer are buying.
The moment retailers stop buying, this counter will be like Sapura...

In fact, many of us amaze how this counter can be more than 10 cents until today .

Just had a meeting with my peers. They said more than 20 of thier foreign investors with total more than 2 billions expected to withdraw thier investment from Malaysia after the announcement.

God bless Malaysia..

Tomorrow will be nice to short this counter... This is an example of a counter how the SmartMoney trap retailers..

Not only SerbaDK will be in trouble, many of my foreign investors want to pull their investment from this country after the indicative of the new PM.

God bless Malaysia...

Good morning...
The EY report for Bursa is coming out soon and the rumours is already out. As you can see, institutional and hedge fund already started exiting from this counter. Looking forward to short this counter on the following day of the announcement date.

For now, just need to trap up retailers to create a super panic selling on the announcement day. This counter going to create a good opportunity for shorters Community.

Is Serba.. Will be reprimanded like Iqzan holding since both of them in a similar a scenario? Can the value be more than 10 cents after EY announcement?

https://www.thestar.com.my/business/business-news/2021/08/17/bursa-malaysia-publicly-reprimands-iqzan-holdings

Don't take my word for it. Check with associated staff from the Damansara Town Centre by yourself. For me, I ' m waiting for the announcement day to go for short. Join us on the sell-off day. It's an opportunity to make more than a million and no need work to for a year.

-------

iHunter Is it true rumours from the Damansara Town Centre? Better take profit / cut loss before they make it official announcement.
09/08/2021 8:05 AM

Is it true rumours from the Damansara Town Centre? Better take profit / cut loss before they make it official announcement.

Good morning everybody.
Question to ask ourselves so that we can do some thinking. Is it true that the company unable to deny fact by PSAi3alert as per what market expected? Since it's not yet price-in, is it the price should much lower than serbadk?




PSAi3alert calvintaneng,

Perhaps too much working from home is causing your contacts to have temporary memory loss.

Both Mustakim Bin Mat Nun and Amirul Afif Bin Abd Aziz are indirect shareholders of One Hydro Power Sdn Bhd, which in turn is a wholly-owned subsidiary of OHP Ventures Sdn Bhd. In fact Mustakim Bin Mat Nun Amirul Afif Bin Abd Aziz, and Zainal Azwadi Zainal Abidin are also directors of OHP Group.

I will now answer those questions that have been posed.

When KPowernet accepted the award by Zhenghong for the Nam Taep 1,2,3 Hydropower Co Ltd ("NT") project valued at USD40.7M in June 2020, the same project that was awarded by NT to Serba, valued at USD66.2M, in July 2018 ought to have been terminated.

You just cannot sell the Brooklyn Bridge twice. Furthermore, Mustakim, Amirul and Zainal ought to know since all three of them are directors of the OHP Group and OHP Group has 35.7% stake in NT.

The impacts for Serba are now:

--->>> Serba will need to write-off RM20.99M from its receivables for the hydro power projects in Laos (FYE 2019: RM12.326M, 15months ended 31-03-2021: RM8.664M)

--->>> Serba will need to write-off RM3.36M (USD800,000) for it's 34.3% stake in NT because Zhenghong is now allegedly the owner for the hydro power plants (the 49% stake in OHP Ventures was purchased form OHPVSB in Oct 2018. OHP Ventures has 70% share in NT)

With the NT and Serba confusion out of the way, we will now try to understand the awards by Zhenghong Building Road and Bridge Construction Co Ltd.

KPowernet announced 2 awards by Zhenghong:
- USD40.7M in June 2020 (3x5 megawatt Nam Taep 1 and 3x5MW Nam Taep 2 hydropower project)
- USD15.88M in Feb 2020 (8 megawatt Nam Samoy hydropower project)

Zhenghong Building Road and Bridge Construction Co Ltd is a company registered by Zheng FuJun in Laos. Zheng Fujun has also registered 3 other companies in Laos - Lao Fanya Marble-Granite Rock Co. Ltd, Lao Fanya Agriculture Investments Co. Ltd and Lao-China Yuan Sheng Real Estate Development Co. Ltd.

None of those companies registered by Zheng FuJun has a power purchasing agreement with Électricité du Laos. Without a PPA in place, it will be impossible to obtain fundings.

Even with a signed PPA, funding will be challenging because of a situation of over-capacity of hydropower plants and debt levels that have resulted in the downgrading of the country's rating to CCC.

Of the 90 hydropower plants that have been planned, 56 plants are in operation with a total capacity of 8,768 Megawatts. Thailand and Yunnan Province in China have had an electricity surplus in recent years and have reduced their demand from Laos.

For completeness sake, I have looked at the satellite images of the Nam Taep river at Sam Tai District, Houaphanh province; and Nam Lik river, Vientiane Province. Unfortunately, there is no evidence of hydropower plant construction activities in those areas.

I do have a couple of additional questions:

--->>> Question: How much of the USD40.7M (3x5 megawatt Nam Taep 1 and 3x5MW Nam Taep 2 hydropower project) contract has been recognized as receivables by KPower?

--->>> Question: How much of the USD15.88M (8 megawatt Nam Samoy hydropower project) contract has been recognized as receivables by KPower?

( p.s. Please ask your contact to update the information at https://www.ohpgroup.co/houaphan and https://www.ohpgroup.co/vientiane before they get more confused themselves)

It seems institutional also started disposing...
Cut minimal loss while you can...

Good morning.
This counter appear on shorters Community radar today. Does anybody know why? Join us to short this counter as low as 50 cents.

Seems this counter is favourite by shorting communities starting today. The company unable to provide answer to Calvin Tan on all the doubts and you know what does it mean when take longer time to response.


Remember, you can always sell it now and buy it cheaper to make money like how traders like us do.

With political situation, very challenging to hold the current price.

We have been getting non stop order from our clients to sell off their stock for safety...

You guys really need to stay safe in stock starting today...

Good Morning.
Let's see if we can bring the price to less than 37.5 cents today. Remember, you can always sell it now and buy it cheaper to make money like how traders like us do.

With political situation, very challenging to hold the current price.

We have been getting non stop order from our clients to sell off their stock for safety...

You guys really need to stay safe in stock starting today...

Final call for 40 cents before it go lower during closing...
If we can keep adding at the 40.5 cents selling queue, we definitely can dump at 39 cents during closing..

Clearing 40 cents. We bring the price to 39.5 cents.

Cleared 41 cents. You may take your profit before we bring the price to lower 40 cents

We will start next dumping in a shortwhile. The final will be during closing today.

But we try our best to maintain the price higher than 37.5 cents, at least for today.

We are changing to short position.

Let's see if we can bring back to it's open price today...

But we will try to maintain the price to be more than 37.5 cents.

We will be taking profit in the afternoon. Please don't blame us when the price lower.

We have given head up...

Wow... When we bring-up the price, everybody become hero...

When we drop the price, everybody blame us....