EPF is selling now so the price is under pressure. I believe it is a good time to buy some and keep.

Finally this counter move. :) Those who have patient to hold the IPO is now been reward

Maybank Research with target price 2.70

Thanks to daz3no for the comments. I think people come here are to discuss on this share. Sharing their opinion and knowledge. If the person is just want to buy the share without listening or reading any comments, then they may just ignore and not even come to this forum.

Furthermore, transferring to main board is not a 'new' news anymore. I think most of the people has been hearing this for months or years and people already know that they have a plan to transfer to main board in year 2015. So, this will not be the 'point' to move the price up. Unless other news related to new business award or expand in other business areas.

The CEO is not Bursa. He still needs to submit the request to convert to Main Board and get approval from Bursa. So, the approval is on Bursa hands. They is a plan but doesn't mean it will happen by this year. Please read the statement carefully.

Different people different opinion on the announcement. Some are seeing positive on this announcement as soon it can be convert into main board.

Wait for the next quarter result out. Expected to announce another 3.5% dividend.

anbz, The insurance money has been used to purchase new CNC machines. Please do not make any false statement regarding the fire accident as you might get sue from the related party. You have wrote a very serious statement.

PMB bought over the 27% share from Robert Tan at 0.18. If PMB wants to look for investors to buy over some of their shares on hand (as mentioned in the news), I think they will not sell the shares less than their cost which is 0.18. Anyway, trade at your own risk.

Some rumors saying that POS might involve in the coming petrol subsidies program. I think even they are not directly involve, they will at least provide the service to register, exchange the name etc (just like what the service they offered now-change road tax, insurance etc).

u can see again the road block at 4.40 - 4.41. Most likely is EPF blocking

shting123, agreed with you.

I read some article saying that the cost of the share that EPF bought last time was around 2++. I believe, they are selling now to get some profit. They acquired shares at the same time (with lesser volume than they exposed on that particular day) is to support the price so that they can continue selling at around 4.40. Once they have sold off their old purchased units, they will stop selling as they cost will now increase to 4.40. Once they stop selling, the price will slowly climb up. I believe if we have patient enough, you will get reward one day. Just my 2 cents opinion

there should be some technical rebound tomorrow after continuously drop for couple of days with selling down pressure

0.81 liao

As for PIE, they are actually the sub company of Foxconn. They are doing many things such as plastic molding, PCB, flex, etc. So call, one stop solution.

Notion is mainly focusing on turning part (metal). I was having an opportunity to visit Notion factory few years back and they have very good machines which can do very precise component. There is no doubt as they are in the camera business which is talking about micron (in tolerance). Well, to me, i think their biggest mistake is to invest in silver milling in Australia. If they are focusing on their existing business, they will have making money in every quarter.

perhaps, I am also one of the person who purchased at high price. Was thinking to cut lost previously. But yet think back, why I bought this share at the beginning? Then you will get the answer whether to hold or cut lost.

it depends whether you are invest at the right timing. Patient doesn't mean holding for years.

luckily I am patient enough to hold my share until now. :) Very surprising move.

you can sell today as you already entitle for the dividend

EPF is keep on selling the shares to gain some profit. I think this is one of the reason why the share price is not able to break through. Unless EPF stop selling one day. Then the price will be up. EPF still having around 12% shares.

As mentioned in the news, the smart phone business (if they got it) will only contribute to financial year 30 Sep 2015. So, it has nothing related to coming quarter result which i think might not really good as Notion is still suffering from the lost of the silver milling in Australia.

See below quote from research firm:
Notion Vtec Bhd is close to clinching two to three deals from Japanese and South Korean firms to manufacture smartphone components, which could bring in MYR40m to MYR50m in annual revenue

speakup, i thought you mentioned before that Redtone will go to PN17, why still buy the share? Below is the post you posted in June.

Posted by speakup > Jun 12, 2014 08:42 AM | Report Abuse

XOX will go PN17 first.
Then GPACKET.
Then REDTONE.
All same biz.

The right issue shares already credited into your account today.

maybe the special dividend is on the way? Notion did mentioned before that they are going to give special dividend

This was old story back in April. Will you be a bit too late to find out the news now???

After the financial result out and also the completion of disposal of the China company, I think Top Glove is back to its position. You can see now the people start buying the share.

Looks good. Profit increase even revenue reduce. Dividend declare 7 cents (same as last year). Whole year will estimate to get RM150 dividend which is around 3.3% based on current price (4.50).

Those who invest in share market for long long time always says: No one is the champion in share market. No one will sell at the highest and buy at the lowest. No one will says they are always right and ask other to listen to their advice. So, be humble.

CautionsTrader, I am also not the expert, but I will share what I know. The purpose of right issue is to collect more money from investors to expand the company. You are right that the dividend might be get lesser with the additional shares IF the company still earning the same amount of money after right issue the shares. But normally, you will see improvement in the revenue and profit if the company is doing a good planning with the additional cash. 2 year back, Affin was adopting a dividend policy to pay a minimum dividend based on 50% of the Company's net profit (read the news in below link posted in year 2012). If Affin can generate around 30% more profit, then we shall entitle for the same dividend as before the right issue. Hope this help.

https://my.news.yahoo.com/affin-adopting-dividend-policy-pay-094504432.html

I think most of the people already expected that the report will not good. Supermx already announced their report and the profit drop. But I think even the profit drop, TopGlove will still announce for the dividend. Looking at the current price, it is almost at the history low. So, should be good for long term investment but not short term.

wiseeye, are you still holding Censof? I know you did last time.

I have entered into TopGlove. This share is going to be my long term investment share.

powerwk, thanks for the advice. Looking at the dividend given in last year, there was around RM160. If I am buying today with 4.7, then the return on dividend yearly will be around 3.4% which is actually not very high. But of course the share price might increase. Then I will gain from that as well. But if the price drop 10% after result out, then the 3.7% will not be able to cover the lost. The gov is going to revise the gas price in June. This might also hit glove maker. So... that was the reason I am still struggling whether I should in or not. I know the price is quite low now compare to history

Speakup, i think you might have bought and sold your Redtone. That is why you start hantam Redtone and say band bad things, right? Below is the post of speakup in Greenpacket.

Posted by speakup > Jun 12, 2014 08:42 AM | Report Abuse

XOX will go PN17 first.
Then GPACKET.
Then REDTONE.
All same biz.

I am just considering whether i should buy it now or wait until the financial result out on 17-June. By looking at the chart, it dropped nearly 12% after the previous quarter result out with lower profit. If the result is not good again for this round, will it drops another 10%? Should I put my bet in this?

SNCA, you will received a letter and application form. The form will let you know how many right issue shares that you are entitle. You need to prepare bankdraft and send it to them by using the envelope prepared. Also, need to stick HASIL RM10 stamp. There is excess right issue column as well. Which means, you can request for more right issue shares (but depends on their decision whether to give or not). Then, you also need to prepare another different bankdraft. Bring along the letter to bank when you purchase the bankdraft so that they can write the proper and correct issue name

wiseeye, i thought you will hold under it transfers to main board since you have commented a lot about this counter previously. :)

The dividend announced is 0.03 cents. Based on current price (0.87), you will get a return of around 3.4%. Actually the dividend is not the attractive part for this counter. I think most of the people are waiting for the special dividend to announce (latest news end of this month) with the disposed of China asset.

Hi KAQ4468, thanks for the sharing. I will monitor that share.

Based on current price, Glomac dividend only give you around 2% return. If buying at higher price (more than 1.07), the return even less. So, worth to buy???? If you really hope to get good return on the short time based on the dividend (for share which is less than 1.00), then you should go to Salcon. Give you 3.4% return. If you invest in GOB, is for long term.

For the past 2 years, the dividend given was RM150 each unit. It is equal to 4.2% based on current price. The return is good as a long term investment.

The candle chart shows overbought for this counter. There will be some correction on the price after this.

POS has increase nearly 16% from the date before quarter result out till now. The price today has reflected the financial result. So, there will be some resistance to get higher price unless more good news coming out.

Received the blue form. 1000 unit BS share entitle for 200 unit BS Plantation share. Closing date 11/6/2014.

I read an article couple days ago in China. It says some traditional business might not be able to survive in future but those business such as waste water treatment, rubbish treatment etc will always needed no matter in which generation. I believe if we have holding power, Salcon is going to be a strong share.

POS Malaysia is now working with POS China. I think this is a big move for POS Malaysia. Just read a news in China 3 days ago. Alibaba CEO (Ma Yun) bought 10% shares of POS Singapore. He is seeing potential in POS as there will be more online shopping and delivery is required.