Your patience will be larger than your loss in the end ....

If you are still holding APB , you are advised to get out immediately with hindsight and foresight ...............

APB share is plummeting due to the fact that the provision for impairment for heavy loss of investment in GT is inevitable, hence the upcoming QR is expected to reflect heavy loss. The share price of APB is expected to plummet further if not become a penny stock...

No growth due to outdated facilities unless upgrade is done which is unlikely under management with lackadaisical attitudes. Hence the share price is expected to be stagnant if not depressed further..........

the remaining cash of RM 140m is believed to be vanished through other means just like RM 60m which is classified as " deposit " where the incumbent Auditors , KPMG have reservations as to its existence ,valuation and recoverability.

EPF and TH have already trimmed their investment below 5 % each . it is said that they are monitoring the situation closely and it is believed that they will exit all their investments soon. Why?, because they know that the company is going no where under the existing management ,which even went to be in confrontation with the incumbent auditors who are not succumbed to pressure and resigned in the end.

GT is destined to be doomed and the share price is expected to be stagnant if not depressed further....

GT is basically gone case and hard to be restored to its flamboyant era like in the past .Why? despite what EC Liaw said, it is believed that the company is not committed to spend the significant amount of money to upgrade its facilities in the near future hence it is very hard for them to compete with the market unlike Inari Amertron where RM 400 M has been forked out to upgrade their facilities to gain the upper edge in terms of competitiveness.

The deployment of placement of so called " deposit to secure potential customers " by GT is a harbinger of loss of revenue and profitability to come. Without the upgrade , the customers would not buy the outdated products from GT. It is expected that the incompetent management will continue to exhaust the remaining cash reserve by other " means" which are said not to be pervasive in the view of the external auditors. Judging from circumstances , they would rather spend the money through " other means" than on upgrade.

I am still lurking around and will share my breaking news .............

I am preoccupied in the interim and will deal with you when I am free...

if you think you can fly , you can fly ..... basically it's all in your fantasy.....

please make sure you dont fly kite

If AAX is to acquire Cap A 100% , then Cap A is the subsidiary of AAX ??

AAX seems to be in the upper hand .Huge debts are inevitable . But whose accumulated losses can be reduced faster and substantially ??

Following AAX is to acquire Cap A , so who is the bigger winner here ?? AAX or Cap A?? Any one??

So who is the bigger winner here ?? AAX or Cap A?? Any one??

Oversold position

The four characteristics of assets that are most important to wealth holders are
(1) expected return,
(2) risk,
(3) liquidity;
(4) time to maturity

-Expected return depends on the demand of the product produced - No demand for your product, the asset is said to be unproductive
-Risk depends on the innovation of the product- how fast your product to be phased out due to technology ? You should know better they are in the semi conductor business. As you probably know , Inari and Amertron have taken the leads to improve their facilities in line with new technology but GT is just talking only. Assets are believed to be outdated.
-Liquidity depends on the demand of the product- Liquidity is stricken due to outdated products which are unmarketable
-Time to maturity depends on the life cycle of the product.- The shorter life cycle of the product due to technology will shorten the time to maturity of the assets hence the assets would be left idle unless the assets are upgraded to embrace the new technology.

High or low quality assets depends on the marketability of the product .If outdated products are produced where no demand is forthcoming , the assets are said to be low quality assets and vice versa.

EC Liaw has talked of investment of 130m to upgrade its facilities . As said, it remains to be seen if he would commit to it and how he can deliver in the end. He has also highlighted that the sales have been sluggish. Could this be due to their outdated products as a result of which the Company is so desperate to place the deposits to secure sales ?? I leave it to your imagination......

Before you say my comments are unproductive , can you provide productive comments to counter my points/comments ? You are most welcome to do that as I always live with my mind " open"

The primary role of a statutory or external auditor is to provide the members of a company ie the shareholders, with an independent opinion as to whether the financial statements of the company give a " true and fair view" of the assets, liabilities and financial position at the year end concerned. Basically, The Auditors must ensure that the FS are free from material errors and over statement of assets and under statement of liabilities ( So called miss-statements ).

You can change auditors at the AGM subject to the approval of the shareholders. Once appointed, the auditors shall take office ( term of office ) effective from AGM to the next AGM . They are free to check the books and records of the Company during this period of their engagement. Changing the auditors in the middle of their engagement is a big " NO NO " which is reflection of the doggy management up to no good with hidden agenda. Same goes to the resignation of auditors half way through their engagement ( terms of office ).

In the case of GT, the damage has been compromised . Mr.Ku , being a CA ( chartered Accountant) should have known better the insidious effect of such resignation . However, he did not stop this but let it happen as a result of which the share price has been plunging with loss of confidence from the investors across. He should be held to be fully responsible . As you are probably aware, he is also holding directorship in other companies such as APB , SCIB, Artroniq Berhad etc .It is the fact that share prices of such companies have been plummeting ever since he has joined the said companies. Are these occurrences by coincidence or through manipulation with hidden agenda? You tell me but my dog smells something very fishy.

Since there is No objection,I will continue to comment objectively based on the latest developments and circumstances surrounding the Group. Tq for your supports

Is there anyone who has no objection for me to continue to comment here , be it negative or otherwise??

Let their incumbent auditors do the job as they are in the better position to entertain the relevant authorities with the evidences gathered in their possession. Your being responsive here is a demonstration of the fact that my time, be it productive or otherwise , is worth spending ........

New BODs of APB and GT are basically said to be the puppets of the "Gangs in control " from behind. BODs are blamed as culprits for the poor performance as a result of which no dividend payout as an excuse is expected. Basically, the Gangs do not want to pay dividend even though they make money , similar to the style of Jaks . They would rather put the cash reserves as " deposits" to avoid the payment of cash dividend. To pay cash dividend, you need tons of cash in hand.

Judging from what they have recently represented, the remaining cash and new cash generated would be used for CAPEX or " otherwise " . Dividend payout is expected to be significantly reduced if not " none of payout at all " in the foreseeable future. It is believed that they are not going to pay dividend under the so called " new management .Basically , the Gang in control just passes the buck the new mgt in disguise.

It is basically untouchable and is destined to be doomed ie to be delisted and vanished like SD

Inari and Amertron have proactively invested 400m++ each to upgrade their facilities to remain competitive globally.However , EC Liaw only talks of setting aside of 130m for CAPEX .It remains to be seen if he is serious about it or might deploy the said sum for something else such as placement of more deposits to secure sales as a desperate move.

Next QR is expected to be below the par as EC Liaw has already insinuated in his recent statement due to the incompetence of the new management . He even said the company is so desperate to place deposits to secure sales.

I am back

Keep till you become half past six ..............

The future ( foresight ) depends on the present ( hindsight). If you look at the present too much , that bugger would call you " hindsight king" . That bugger is really a bugger.

You'd better see it clearly next time instead of just looking around like many others who do not see but just look look here and look look there................

Basically, EC Liaw has made it clear that the new management is not as generous as the previous old management ( already disposed of to APB) to pay handsome dividend. Why handsome dividend could be paid under old mgt? The answer is simple - the old management was competent , productive and marketable. The new mgt is said to be incompetent as evident from their poor performance and the way in which the resignation of their incumbent auditors is handled . Just look at how EC Liaw and Mr.Ku are delivering so far, it is pathetic of the highest order.

EC Liaw has made it clear that the Company wanted to set aside 130m out of the depleted cash reserve of 144m ( 60m is reported to be missing ) for CAPEX .Do you really believe what he says? He could be using the said sum for placement of so called " deposits" to be vanished in the air sooner than you can imgine.

One fellas in this forum always says I am a " hindsight" King. But I can tell you that the new auditors , UHY is not expected to stay long with the Company and they are expected to call it a day too ,just like KPMG. When KPMG has " red flagged" , it is usually taken as a " pre-warning" to their peers that the financial reporting system/procedures of the Company are craps and may contain material errors and misstatements , on which reliance can not be placed.

Your " dont worry" seems to be self-deceiving...

Knowing this ,George soros capitalised this using this so called "herding effect". He believed the majority of people in the market behave like sheeps.Whatever he did and wherever he went in the market,his massive followers just followed like sheeps

You may recall , he attacked RM causing RM to horrendously be weakened to RM 3.80 vs USD in 1988.

Herding is conceived as a response to uncertainty and individuals' perceptions of their own ignorance.

People may follow the crowd because they think that the rest of the crowd is better informed. This can generate instability in the financial markets.

Herding is a key factor generating speculative episodes.

Are you behaving like sheeps? U should know better.

Yes,wait for LD of any stock?

You can wait for 100% until you become 6.30....

So pissed near and yet so far........

That fella always mocks at my talking " big" but as a matter fact I have been talking " sense" ....

That fella is very snobbish. My advice to you is not to count the chickens before they are hatched.......

I told you already it is unstainable ....

1.50 is in your fantasy only

GT has to pump in hope of reduction in the investment loss in view of the looming AGM of APB......

It is incorrect , it is RM 1.40 not 2.00 as reported

AGM of APB is looming.....

Dont behave like EC Liaw to keep blaming the investors to compare GT to SD.

EC Liaw keeps saying that Gtronics and Serba D(SD) are not the same.Basically they are the same in that they forced their external auditors ,kPMG to resign before their terms of office.Until now, Gtronics has yet to reveal the real reason why the incumbent auditors have resigned to their investors. Their reluctant revelation has cast serious doubts on their corporate governance and the integrity of the management.

Are you saying that the investors are stxpid to compare GT to SD ?? It is the making of GT to make the investors to compare them with SD. Who is stxpid here ??

It was reported that neither the Incumbent auditors,KPMG has explained the reason why they have resigned nor has the Gtronic. It is not the onus of the auditors to explain publicly but to explain at AGM where the auditors reserves their rights to explain to the shareholders while the Company is at liberty to explain anytime and anywhere. However, the Mgt of Gt has chosen to be ignorant and silent which sends the signal to the Market that they have something to hide with hidden agenda. The true fact remains is that ever since the new Mgt took office ( after acquisition by APB ) , the cash reserve of 200m++ has been reduced to 144m with 60m being reclassified as “ other receivables” is said to be fishy in terms of its recoverability in the view of the incumbent auditors.

On a separate note, EC Liaw has represented that they are to adjust their Dividend policy meaning no more handsome dividend to be paid if not non at all in the foreseeable future under the so called “ new Management ” as opposed to those days when the Company was under the direction of the founder (Michael) and his Mgt team. What EC Liaw is insinuating is that capital gain is the only thing that the investors are hoping for through growth in the long term. Take it or leave it !

EC Liaw has also publicly announced that the Gt is to set aside 130m out of 144m for CAPEX for future growth. The said sum is used to upgrade their facilities in order complete with other players such as Inari and Amertron . However , it was reported that these players have invested 500m each to upgrade their systems / facilities. Do you really believe that Gt could complete in tandem with them with the investment of 130m for CAPEX ?

It is felt that their statement/representation is merely rhetorical.

EC Liaw keeps saying that Gtronics and Serba D(SD) are not the same.Basically they are the same in that they forced their external auditors ,kPMG to resign before their terms of office.Until now, Gtronics has yet to reveal the real reason why the incumbent auditors have resigned to their investors. Their reluctant revelation has cast serious doubts on their corporate governance and the integrity of the management.

The alleged missing cash of 60m being reclassified as deposits is highly suspicious. If this holds true,the Balance sheet value is materially overstated and the financial reports contain material errors.

which company ?