Have commented quite a number of times earlier about the unfairness of the issuance of the restricted shares issues at 0.10 to VIPs that might have caused the free fall in price. Have given my personal opinion to stay clear during that period of time so as to let the issues to settle before considering XOX again. That is only the first part of XOX restructuring plan.

Then the second part will come into consideration again. It is still very unclear of this rights issue as proposed. What is the PRICE to be fixed for it?

There can still be some form of changes if the price has not been fixed and will not work to the advantages of the minority shareholders which it had been proven in the first part, with the price fell from 0.70 to just 0.20. The trust in XOX management has totally went down the drain as it did not have the minority shareholders interests in its considerations and policies but only the majority shareholders was able to benefit. Will the coming rights issues be able to benefit the minority shareholders??

Just like to share my one sen worth of opinion. It is best to wait till the rights issue pricing be fixed first before finalising your decision on XOX. Just decide for yourself and be responsible for your own decision and action.

Susah lah.....jatuh ke 0.385 instead of breaking the 0.41 barrier.
Tak cukup push......... ke utara ....pi selatan instead. .....kakaka

Batam, agreed. Rights issue cannot be lower than the par value of 0.10. If the rights is fixed at
0.10 and the market price is to drop below 0.10, then not attractive to subscribe and will call on undertakings and then, they will take all the rights shares at 0.10 plus the free warrants. This is almost like the second round of restricted shares issue at 0.10 and the additional bonus of free warrants. Just another half sen of my opinion....kakaka. Decision is yours to make.

Batam, if what you have mentioned about the "undertaking" is true, then my earlier half sen of opinion hits spot on......sold all their shares at high price and accumulated cash in hand and then subscribe to buy back the shares through rights issue where there are also the unsubscribed portion left. If that is the case, rights issue shares price fixing is coming soon.

Another half sen of my opinion.........that they might Push it further down and then average over five consecutive days preceding the fixing price date with a 10% discount. Then, really a good deal for them to subscribe cheap. When the shares goes EX, price might drop some more and become unattractive for minority shareholders to subscribe and the call on the undertakings to take all the unsubscribed portion........kakaka. Just an opinion and decision is yours to decide.

Basing on today's queue , it will be even quite tough to even break through 0.41 and 0.415 barriers with more than a million shares each for sale unless there are takers. Now, it looks even tougher to break 0.425 barrier. But once it breaks through, it will fly, fly, fly up north.....kakaka.

richkid, now you see the point that I have been stressing on many occasions. Restricted shares issues at 0.10 is really unfair , placed ikan bilis on unlevel playing ground and really hurt them. The management does not care about ikan bilis and allowed them to be swallowed whereas the VIPs were smiling to the banks.
As such, It is best, let them play by themselves and we watch by the side line to see how XOX will perform then.........kakaka

AWC......go go go.......ke utara. Baca lah article ini....

http://www.theedgemarkets.com/my/article/rainwater-harvesting-system-boost-awc%E2%80%99s-earnings

Ada baru bisnis yang promising.......ini kali lah............kakaka

Just sharing my half sen worth of analysis of the happenings for the past month.
The choice is yours to decide on your next move.

What is important now is, WHAT IS THE PRICE TO BE FIXED FOR THE RIGHTS ISSUE?
Will the management and BOD fix it NOW which is around 0.20?? Will it be beneficial to them?
Will the restricted shares at 0.10 recipients subscribe to them, if they are still holding the shares?
Why should they subscribe for the rights at 0.20 when they can get restricted shares issues at 0.10?
All the above questions still do not have any answers. There are still unanswered questions before can plan for the next move.

Just a piece of my one sen worth of opinion, .....might not be likened by the forum members here.......
why not the major shareholders sell down their shares to 0.10 or below par value to get the maximum
cash in hand/profits/benefits from the restructuring ànd then come back in as a white knight to rescue the company by undertaking to subscribe for all the rights issue shares then fixed it at 0.10.
Once again, they can control XOX again and with a huge profit and piles of cash in hand..........kakaka

If you do that continously for next few bids, will surely push up the price leh.......kakaka

What really triggers the steep price drop in XOX might be due to the issuance of the restricted shares issue at 0.10 to some VIPs and caused uneasiness and the unlevel playing ground and led to panic selling to sell at the better price and in order to get the most profit, my one sen worth of opinion.

When one starts investing in stocks and shares, be prepared to lose as well. There is no such thing as sure win in investments. If you want sure win investment, put it in the bank to earn interest but still there is a possibility of the bank closing down like in Greece, recently. Hard luck then, as at times, macro aspects still over rides the micro aspects.
Another point, be prepared to decide to cut loss and just move on. Even with cut loss signals being flagged, still hang on and hoping for recovery??
Be prepared to take a hit and hope the next target is better and move on.
Assuming you hit a good one after cutting loss, will it be better than hanging
to XOX.

Did richkid ever hold a knife to your throat to force you to buy? When richkid gave indications to sell, did you sell? Be true and honest to your self, what are your actions?? So the faults are within ourselves and got trapped.

Honestly speaking, at one stage, when I saw what's coming after the issuing of the restricted shares at 0.10 to the VIPs and richkid was still promoting XOX, I did wrote and commented badly about it in the XOX forum about the unfairness to the minority shareholders which richkid was then not happy about it. At that time, richkid did then also has given some indications to stop loss price and asked to sell. Did you follow his comments to sell?

On hindsight, one can actually saw what's coming from it as when the restricted shares issued at 0.10 was being issued to VIPs and not to minority shareholders and the imminent rights issue that have not been even ascertained on the price and date to be finalised. I have highlighted this out a number of times in the XOX forum when I saw it coming and sold down even at a loss after I have re-entered after having sold at near peak for some profit earlier.

Actually, cannot blamed richkid for this as he has also advised one has to cut loss if the situation warrants it. He has highlighted many times to cut loss once the price reached a certain level besides giving buying indicators. Frankly speaking, I do make money from following richkid indicators. Thanks you and do keep it up, richkid.

Very well written and composed, crude yet funny. Most important, it hits straight to the point, not to be greedy and gullible. One needs to be knowledgeable and well informed whenever one wants to invest in stocks and shares.

game....really want to know???.
The Proposals are definitely good.........mah
Definitely Good for the management and owners BUT not for the minority shareholders.
They made the money by selling down the cheap restricted shares issued at 0.10 issued to them, at the market price whereas the minority shareholders are "contributing" to their extraordinary profit by buying them all the way down......mah. Isn't it damn good to them, making huge extraordinary profit ??
What next??? Rights issue, is it? Price till today not fixed yet. Why??????
Will it be another extraordinary scheme to "reward" the shareholders again?????.....kakaka.

faye Tan, very good illustration. It show Tekala is a good buy.
Furthermore, Tekala is also cash rich and useful for its expansion.
Bought earlier and sold for a handsome profit before closing.
Will surely consider to buy back on Monday.......kakaka

Larryleow, thanks for informing abt tekala. Bought and sold before closing and made some profit. Thanks

Larryleow, the tekala proposal looks good. The company has quite a substantial amount of cash or its equivalent despite the losses.
Furthermore, not much borrowings. Will look deeper into it and consider. Thanks.

Good management always have its shareholders in mind and will be given priority and consideration before making any corporate decision.
After causing lots of its shareholders a BIG hole in their pocket except those VIPs who received the restricted share issue at 0.10, hopefully it will now consider them in any future decision making in order to compensate them. Maybe, a better deal in the coming rights issue.
If not, future investors will definitely think THRICE and not twice before considering to invest in XOX again.....................kakaka.

Good to know that there are also many members in this forum are also advising to stay clear of XOX until a clearer direction
from the company management. Wait for the price to drop further to reconsider buying again as the rights issues pricing has
yet to be fixed. What is the price for the ESOS? Still unclear?? Why should we be investing in XOX whereby the management
does not care to be transparent in its proposals. Restricted shares issue supposedly to have restrictions have also been sold
down to enable its VIPs to reap good profit at the expenses of the minority shareholders. If not, such high volumn transacted.
Stay on the sideline and wait.........money in our hand is better than invested in XOX.......kakaka

Kang Yao, you got a good point. Has the contract for the concession being formally signed? Once signed, will surely assist to give the shareholders to have more confidence in AWC. Coupled with the good fundamentals and strong financials in AWC, it is only a matter of time, it will fly and fly up north.......kakaka

Oh yes.....there is also the proposed imminent rights issues but the price has yet to be fixed. Why can't it be fixed so that the shareholders can plan the next steps to take? To sell or to keep to subscribe for it?? There are still lots of uncertainties and will it be fully subscribed?......i doubt there will be much interests at the rate it is going........(my one sen worth of opinion).........kakaka.

Closed at 0.215, still good profit margin for the VIPs who received the restricted shares issue at 0.10 if they are to sell them now, with more than 100% profit.
What business or investments can bring you that type of profit in such a short span of time..... except receiving the restricted shares issue at 0.10. If to annualise it, it might hit thousands of percent. Wheres the minority shareholders are being treated like dirt and sidelined for such lucrative offers and now recuperating from the deep onslaught of falling knives. What type of management of minority shareholders are this?
Will there be another special share issues being lined up for the future again, IF XOX is to perform well in the near future with so much expectations presently.......kakaka

What to expect from the AGM?? Just go through the AGM Circular and the agenda of the meeting will be listed.
Personally, I think that Nothing more will be discussed except those listed as agenda for the meeting. Will the BOD stick their heads out?
This is not the time to be gung ho. What to reply if the restricted share issue at 0.10 being brought up??

They might Push the price down and make restricted shares isuue proposal to be issued in the future when the share price is flyjng again and ikan bilis kena lagi....... my one sen worth of opinion............kakaka

Will only look into XOX and consider it when it is around 0.10 so as be on the same level with the restricted share recipients, if the company is that good as promoted by some.
Who knows when it is up again, declare and issue another restricted shares issue to VVIPs and ikan bilis kena kau kau lagi..............kakaka

Lew_KK, fully agreed with you. Switch counter, safer to go to consider AWC. At least, it is fundamentally good and financially strong in its book. Furthermore, AWC is expanding in its field of expertise. Will concentrate more on AWC .....kakaka

By issuing 190 m new restricted shares at 0.10 which is even more than the 166 m existing shares, it means there is a change in the controlling interests unless the existing major shareholders do also have benefited from some allocation in the new restricted shares issues at 0.10 so that they can still have controlling interests. If that is the arrangement, just think who will be the eventual losers. Surely the minority shareholders........kakaka.

This is the point that I have been mentioning about in my earlier comments.......kakaka

Good news for AWC, if it is to be compared with this report,

http://www.thestar.com.my/business/business-news/2015/11/28/can-uem-edgenta-extract-more-value-from-kfm/?style=biz

In the mid to long term, AWC will be a gem.
Will surely collect more if price is to drop further.........kakaka

Richkid, the points i hv raised are based on the reports i read and hope you can highlight which are the points that i hv "created". Unless you do hv insider info that the restricted share issues are not issued at 0.10 and the price for the rights issue is already been fixed and not made known to others. Why can't the management made known the points being raised?? Will appreciate it if you can advise on this so that all the participants in this forum will be better advised and able to get clearer views on the points raised so as not to make wrong assumptions or decisions that might lead to losses.......kakaka

Sure or not???.owner to support the price to raise for MORE fund for the company or to take the earlier shareholders for another ride to HolLand.
If the owners do have the company in mind to raise more funds and the shareholders in mind, they can easily do it by issuing the restricted share issues at about 0.50 to 0.60, a slight discount from the then market price, the owners will surely get more fund for the company. Why issue the restricted share issues at only 0.10???
Will the shareholders be taken to another trip to HolLand with the coming rights issue which the issuing price has yet to be fixed..........kakaka

Wow....still got so many exercises to go. After only one exercise of restricted shares issue, it has dropped by half, what more with the next few exercises and how much more will it drop?? Especially so, all these exercises are still not transparent and clear enough and why the shareholders be subject to further uncertainties and risks??
As such, will only consider to buy back only, once all the proposals are being finalised and implemented so as to be on the safe side. Meanwhile, just channel my resources to other counters which have more certainties and returns..........my two sen worth of opinion. .....kakaka

AWC is more for those buyers that are investors and not day traders. It is for mid to long term players and surely the value of its shares will rise slowly but surely. Md Shah is one of those who has been in AWC for a long time. Buying and selling all these years. He has faith in AWC and am sure he has been making his money and reaped the fruits of his belief in the company, if not he will not in the top 30 shareholders list , year in year out. Go go go..AWC......kakaka

Still holding real tight and looking forward to wallop more when price is to fall further.
Going for mid to long term for AWC as something good should be coming soon if not the CEO would not have been buying as well.....kakaka

Why not down to 0.22 yet?? Looking forward to buy at that price .......kakaka

Sold all mine at about double of present price and am looking forward to buy back but at the rate it is going, will be expecting to go down further. Will be only considering if it is around the restricted shares issue of 0.10 so as to be on the same level playing ground as to those restricted sbares recipients.........kakaka

When the restricted shares issued at 0.10 per share, this is expected.
This is really unfair to those shareholders holding the shares and a big advantage to the new recipients of 0.10 restricted shares.
Why can't just do a rights issue to benefit all shareholders at the same time to be on a level playing ground.
As mentioned before, there are also other counters to invest in, why stick with XOX...kakaka

Sky77, just let them enjoy the "fortune" if they are brave enough to take the risks. There are so many other counters to look at which can offer better returns, why have to look at XOX at this time where there are still so many uncertainties, like the coming rights issue where the pricing has not been fixed. Will there be takers for it if the pricing is not acceptable.......kakaka

Richkid, who does not want to sell???
Wong Ah Yong bought his shares from the market at the existing market price at that time, assuming 0.07 tp 0.20. After consolidation, WAY's costs will be 0.14 to 0.40 as compared to the restricted shares issues at 0.10 of about 190 million shares, which is even bigger than the original issue of 166 million. In this way it will result in WAY is on the losing side as well in terms of pricing and on top of it, his previous shareholding of slightly about 5% to 6% has been diluted to about 2.5% after the completion of the restricted shares issues at 0.10 per share.
Also, with the restricted shares issue which is even more than the original shares issue if 160 million, will just dilute the earnings per share as well. Any contributions to XOX??
Under such circumstances, will only consider XOX if the price is to come down back to around 0.10, the same price as the restricted shares issue.
Just offering my one sen worth of opinion......kakaka.......kakaka

The financials look very healthy and strong with very high cash or equivalents. With such financials, why still the price is rather low. Can any brothers here advise on this..?
need to understand such differences. Thanks.

Luckily sold all with profit.,did not reenter due to getting to know of the restricted shares issue of 0.10. Why buy such counters when there are so many others to choose from. No level playing ground......kakaka

linghk888, That's my point. Still very unclear abt rights issue pricing and from what you said, average of 5 days pricing prior to it, then the price may drop further in order to reduce the rights shares pricing so as can benefit shareholders, especially the majority shareholders if not who will subscribe for it.
Will those restricted shares at 0.10 recipients be entitled to it? If yes, then if the rights issues is fixed at about market price of 0.50, will they willing to subscribe?? There are still alot of uncertainties in this issue.
Why one has to undertake such risks arising from such uncertainties as the money is yours and you have the option to decide. Why not, wait till there are more certainties and come back to buy if you want to.
The choice is yours to make and happy decision making......kakaka

linghk888, if that is the case, has the price for the rights issue being fixed and what is the price for the coming rights issue and when will it be? Will appreciate it if you can advise so that decisions can be made so as to sell or not.

sengkee, if the RRI is still being issued and held with a cost of 0.10 only, why not offer to ALL the existing shareholders of XOX to subscribe if the company is in need of money so as to reward loyalty of investing in the company. Why need to issue at 0.10 to "powerful" new jnvestors????
The point is that the company does care about its existing minority shareholders and let them down when the company is about to turn to better.
Now the shareholders have to subscribe for new rights issue and yet the pricing has not been confirmed. Will it be 0.10 as well??.
As to date, the company has not been transparent and open about the whole restructuring plan.
Why invest in such company where there are other options.......kakaka

With the issuing of restricted shares offer at 0.10 and compared to the 0.50 to 0.60 the minority shareholders are now paying for, what type of playing ground is this?? Totally lopsided.....

If the management is genuine in the fairness to manage the company for the benefits of ALL shareholders, be transparent and open to all the restructuring plans and the pricing of the shares to be issued and not with so much differences in pricing.

What will be the pricing of the rights issue?? Do you know??. Market price ..??and how much??

These are the few points that one needs to know before investing in a company. If not, do enjoy the trip to HolLand.....kakaka

High volumn and expected to be so for the coming days. Looks a good bet as it still has 9 years more before maturity.

What's your opinion on its warrant B? How's the graph??