Listed companies have been prosecuted for less based on question 5 alone.

To protect your interest as shareholders you should request Bursa and SC to requisition the full audit report of the special auditor.This should also be investigated under AMLA and freeze the companies' and TPY accounts before the monies disappear... think mareva injunction.

Its the same MO as PTInnovisi especially concerning RPT and BVI companies.

Thank 'PukiChong' for reminding me about the MO........

shareholders you decide...

TPY goons will be 'infuriated till vomit white foam'

'offend sky, offend earth,offend people'...

'sky got eyes wan'

Steve: Careful!!! look back at all 2015 announcements and read it in the light/context of section 132 of SSM

Waaaa!!! if got bribery soooo BIG it is 10x mkt cap of nexgram......so why waste time here ,better buy Protasco got more money there ma!! aiyoyo.

Me, ' I am you father'.....Darth Tey...telling you to go back towards the light!!

wakakaka

to the TPY's ma chai.....why Nexgram need a special auditor to tell them what the companies' assets are worth?..........here got people tell you for free....! and who pays for it....you the shareholders..............Wakakakaka

Aiyo, wanna rant also no originality and its not just ckp that u should be looking out for.

The final nail will come from an unexpected source( for you TPY ) because you start believing in your own shit.
My posts were deleted but I have dropped enough hints there.

TPY was riding high and trumpeting his success in Indon where other bigger Telcos could not,now the truth is coming out.

Wintoni minority would have been better off with the new shareholders.

Ultimately Nexgram would be liquidated or require a massive infusion of capital that TPY would neither be willing nor able.Others expecting a fire sale would only pay pittance for whatsoever that is left.

And karma would come one circle!!

BTW: Protasco's pbt more than Nexgram mkt cap and dividend more than Nexgram mkt price...how come like that wan

seems I have hit 3 home runs...not bad huh!!

feels like playing angry birds....

LOL LOL LOL

Let me put it into context that some of you may understand.

TPY and OKA dug a hole in Indon and sold the soil and filled it with shit.!

Tried to dig a hole in Protasco and fill it with Indon shit! but was stopped.

Then dug some more holes hoping to fill the first one, but could not resist skimming soil off and replacing with shit.

And there you have it,so many shit holes that will be their graves; which also explains the profanities from the 'ma chai'

Repeating the same thing and hoping for better result....Haha...insanity

Me! just putting up warning signs about shitholes....remove it and the karma be yours!

Survival 101: when drowning;keep calm and dont scream so loud nor cuss the bystanders,more than enough people willing to throw you a lifejacket..............made of cement!


WAKAKAKAKA

well done drwarrant!! post something tangible!!

however if u selling something at half the price of purchase where the profit coming from!!!

Flag me and delete my posts.....fortnight ago...but then TPY panic and start disposing his blocks.
Bit late... BOD at the material time is still responsible and liable also auditors!!

Today start appointing special auditor....walau weh got so chun wan arr!!! LOL LOL LOL

TPY got long enough rope to hang himself.
Potential breach of section 132 of SSM coming!!!
See how he juggle....LOL LOL LOL

Good stuff y'all...good sharing

some will see want they want to see,hear what they want to hear!

a closed mind can not be filled!

rocky: you nailed it but with a twist ;you will be enslaved to fund big mama and papa.Better stocks around than this!!

MSWG should step in to evaluate the decision process on EH acquisition.All GLC's are practically parties acting in concert and should abstain from vote. With so much controversy and negativity surrounding this EH buy and yet management wants to go ahead.....you decide!

Kc:Not wanting to go into the merits of diversifying;but London biscuits had disastrous acquisition/s (Layhong and TPC)

Bplant has an asset disposal(even net off the disposal still got more profit than FGV),but for shareholders ,its either value creation(capital gain) or real yields(whats my return on investment).FGV cannot responsibly manage their capital so should be returned to shareholders. For investors what else is there to look forward to???

even boustead plant earned more and has better dividend yield adoi!!

commendable result in a tough sector!!

hahaha...good result...great turnaround hahahaha reasonable divs too

If you look at the cashflow its more impressive!

sosfinance: in your example the difference is FGV is funded with state money(eg EPF,taxpayers) KLK by shareholders.FGV no point being the worlds largest producer and landowner when it cannot turn in a decent profit.KLK being half the size(plantations) at least turn in a profit.So FGV as it is, is a double whammy for Malaysians.

No 7 is a tongue in cheek test of your emotions lah

should avoid emotions in trading!!

Rich: that is call a value trap

FYI :http://www.thestar.com.my/Business/Business-News/2015/05/30/What-ails-FGV/?style=biz

ring: sorry but I think you should stop 'flogging a dead horse'
What happen to FGV's idea of being a global commodity trader?I warn about that.
All FGV have to do is focus on the basics.
They have not delivered any positive surprises and I doubt they could.

ykinvestor:

Homeriz's estimated whole FY15 EPS = 3.04 X 4 = 12.12 cents, thus its current PE = 1.11(Friday closing price)/12.12 = 9.1
Hevea's estimated whole FY15 EPS = 14.04 X 4 = 56.16. After 1 :4 split, we use 14.04, thus its current PE = 1.08(Friday closing price)/14.04 = 7.6


yk: there is an error in your Homeritz calculation above as the eps is based on May qtr where the pd up is still 200m.

MDF has more growth than just furniture.All the big boys has profit margin of 8-12 %. Evergreen is the only one with turnover touching 1 billion.

kcchongnz:

'True intrinsic value" of warrant is dependent on 'true intrinsic value' of Homeritz mother share using whatever valuation methods you use.

Current value of warrant is Homeritz share price less strike.

Premium is all time value.

You have covered most of it but too lengthy to elaborate here.

Actual 'in the money' to me means current price of warrant plus strike is less than current mother share price and NOT just mother share price above strike.

Reference price of warrant on listing is Homeritz share price less strike;rest up to market forces unless you have a very clear objective and forward intrinsic value of the mother share.

Basic premise of cum and ex calculation is that over the 16 hours between close and open the market capitalization does not change.

This is my own practical approach to it.Hope it helps.

kcchong:

For Homeritz the calculation should be as such:
NS = ex homeritz share

1.53 x 4000= 4000NS + 2000NS(bonus share) + 1000W

1Warrant + 0.92 = 1NS

Hence:

(1.53 X 4000) + 920 = 7000NS

1NS= 1.00571 which is rounded down to 1.00

The reference price on warrant listing date is based on mother share price on the immediate date prior to listing less strike.This is an issue even IF the warrant was priced as a right.This is unlike Call warrants.Some have written in to Bursa but nothing has been done!

Lets give Jibby some slack! Put back all the money and all is forgiven!

Will Jibby do it and can he do it OR they all know there is no more money to put back OR they dont even know where the F... it is!

See so easy to sidetrack ;until you are all arguing.

Dont bother with swift codes lah.

Where and whose money was transferred in.Who was sender? Who was receiver? Who had authorisation on those accounts.

If not 1MDB monies whose monies;why give 'him' why not give me?

Mafia money;drug money; arms smuggling money or snakehead(smuggling Rohingyas) money.These all comes under AMLA.

Dont have to assume anything; look how companies get designated PN17.

These people cannot even account for the whereabouts of the monies(the rakyat monies) and paid exorbitant fees for the loans.Have they given one straightforward answer?

Keeping things simple:

Any director of a Bank or Broker needs approval from BNM; one main criteria is "fit and proper person"

A listed company and their directors can be hauled to court for improper and inaccurate reporting.

The sheer size of the transfers also breach AMLA reporting and controls.

The PM also being the Finance Minister and de-facto head of 1MDB cannot plead any ignorance to this.

If company directors are accountable for any breaches of the above why not the PM and Finance Minister and this is not even assuming any criminal acts.

wherefore art thou 'silentobserver'

8 working days from the 7 july or 2 days after Bursa application for listing

jolie2:give you a like!!Ekuinas recover back capital and some!

And its still wrong!Here I am trying to point out a mistake and you get all upset.If i want amusement ,I can troll you and mind-f__k you the whole day.It makes no difference to the share price now but would you wanna bet the reference price of warrant on listing date? Good day!

If only Bursa use 25 cents as reference price for the warrant when it lists.

silentobserver: FYI Bursa has NEVER based adjusted price on ex day on weighted average.It has always been preceding day closing.You are entitled to your basis...cheers!

silentobserver: your calculation is inaccurate,From 1.53 yesterday's closing you got to understand how the adjusted price became 1.00

1.6b development value at 8% interest is 128m; can service interest arr?
otherwise bank makan property like MPCorp

What happen to Sensorlink profit guarantee??

Posted by TengkuFaisal > May 12, 2015 12:46 PM | Report Abuse

your worries is akin to bursa UMA. why dont you write a letter questioning bursa does UMA make more harm to newbies or protect them?

i believe is the latter.

Tengku:there seems a selective application of UMA by Bursa and prosecution by SC.Writing to Bursa gets no response! try it!

same MAU....ooops MOU as before! Same land. Wake up

LOL saltedfish....U da man!!

some buy on rumour sell on news traders got flushed out!!

this statement says it all:

http://www.themalaymailonline.com/malaysia/article/good-leadership-starts-with-integrity-says-paul-low

If the CEO and directors of a PLC were to give such inconsistent replies;Bursa and SC would take them to task and/or put them in jail.

Here you have a Group Executive director who does not even know where and how the money went.

errr split also not yet; got bonus??????

My humble interpretation of 1Mkangkung's code:

Initially it was a 1:5 split and bonus 1 shr for 5 shr,raising shares to approx 600M

Now reduced down to 1:4 split and bonus 1 shr for 4 shr

thus reducing shares to approx 500M.

announcement 30th april

anyone care to add?

The IPO was an 'offer for sale' Ekuinas already recovered their capital!Buy at rock bottom or significant discount below net assets(dec14:92cents) assuming figures are accurate,else wait lor! no hurry!

methinks there is a massive 'ass-covering' that goes back all the way to IPO.Too early to say if 2 guys are scapegoats only or not!
jolie2 seems pretty close!