heavy collections today, contra trading best buy

25 million shares traded today

Just watch the collections today

mega merger likely, heavy collections of 8 million shares 0.13-0.14, up from a low of 0.115

perodua proposed IPO is good for MBM 20% holdings, good for 10-15% gain
UMW would see pressure to raise its offer price from RM2.56/MBM share closer to RM2.94 according to analyst

hold on don't sell, mega merger being proposed, stay tuned

pan borneo will continue, but cmsb need to split the contract with 10 other players by zone. will limit down again on monday

fgv to sell non core assets and to takeover thplantation from tabung haji and epf

3 cents div, ex on 1 June

tunepro Agm 1 JUNE, Dividend confirmed

Spin-off IPO resubmitted, likely approved, new funds injections, should close around 77-78 today

from the brokercode who is selling, when i buy, it is hong leong

Hong leong was the sellers at 0.95, pushing it down, with NTA of 1.55, good price to stock-up for midterm investment

today's buy-rate is 70%, more than 100000 shares sold at 0.785, 88,000 at 0.78, slowly being collected, before div...

TF likely will diversify tunepro next. Dividend of 3 cent at least coming soon.

PITI PRAMOTEDHAM has 31 million to sell,hence selling to persist for now

if data center with Airasia is finalized, will takeoff, someone is force selling on margin call, will recover later in the day

final push down on price before privatizations

all suspended today

privatization on

icon merger is going through

buy q building up today

strong buy again at 0.64 today, seem like that is support price for now

being collected at 0.64 today

as predicted, shooting star today, up 3 cents

u mobile listing on in it's own has been rejected, hence the RTO route via Redtone,

they are continuous collecting at 0.475 and some at 0.48

slowly being accumulated, u-mobile RTO on?

heavy volume for 3 days straight

largest volume in 1 month

someone collecting every lots being sold at 0.315, maybe left hand to right hand?

yeah, heavy collections at 0.33, something brewing

should recover this week, chennai monrail to be awarded to scomi engineering JV

buying frenzy today

Hope JV with Walmart takes off..

likely bad QR results based on share price movement and the fact it is not out yet, usually it's by the 3th week

likely bad QR results based on share price movement

i doubt Koon will sell and also subscribe to the rights share. Only someone from Maybank terminal has been selling,,,,

most likely owners might push for MGO at around 0.40-0.50, after the rights issue.

turning around I believe strong support at 0.285, buy rate of 46% today, owners bound to push to at least 0.32 for right issue

the main point here is the sole entity responsible for monorail in Malaysia is terminating the contract, why? Project delay after 5 years? Would scomi get further new project from them, if there is legal wrangle?

read the second link, there is 7 years delay in India, and the have not won any new monorail project since July 2014. Scomien CEO was replaced as well. All gloom piece of news.

if you study their financial report, they have been generating negative cash flow for the last 6 years running with double digit gearing. Zero div has been declared for the last 6 years and share price has fallen more than 80%

the main point here is the sole entity responsible for monorail in Malaysia is terminating the contract, why? Project delay after 5 years? Would scomi get further new project from them, if there is legal wrangle?

read the second link, there is 7 years delay in India, and the have not won any new monorail project since July 2014. Scomien CEO was replaced as well. All gloom piece of news.

if you study their financial report, they have been generating negative cash flow for the last 6 years running with double digit gearing. Zero div has been declared for the last 6 years and share price has fallen more than 80%

In a nutshell, there is delay in all their project, coupled with Forex loss in Brazil, that's is the reason their outgoing ceo has been on pr blitz, feeding all the above news of potential win to counter the actual fallout

the main point here is the sole entity responsible for monorail in Malaysia is terminating the contract, why? Project delay after 5 years? Would scomi get further new project from them, if there is legal wrangle?

read the second link, there is 7 years delay in India, and the have not won any new monorail project since July 2014. Scomien CEO was replaced as well. All gloom piece of news.

if you study their financial report, they have been generating negative cash flow for the last 6 years running with double digit gearing. Zero div has been declared for the last 6 years and share price has fallen more than 80%

In a nutshell, there is delay in all their project, coupled with Forex loss in Brazil, that's is the reason their outgoing ceo has been on pr blitz, feeding all the above news of potential win to counter the actual fallout

today hit 5 year low

expect ijm sell down as well, scomi involved in disputes in India & Malaysia


http://www.theedgemarkets.com/my/article/scomi-files-ex-parte-injunction-against-prasarana

An MMRDA official who did not wished to be named confirmed the same. "The company has said that there has been a delay in the construction of monorail for which MMRDA is responsible as it has resulted into escalation of project cost. In order to solve the issue, we have appointed a three member team as the arbitrator.

" The three member team was appointed around three monts back and this includes Railway officer S D Limaye, Former PWD official Jayant Nashikkar and Anand Kulkarni. It should be noted that already the monorail project is delayed.

From its start itself, the monorail project has been facing a lot of problem which includes technical glitches.

The Jacob Circle Wadala section of monorail which was expected to be operational by the mid of this year has also been delayed as the planning authority has yet not procured the switches (the mechanical unit that helps the monorail to go from one beam to the other at the both ends of the corridor). There are two switches which are lying with customs and two more are yet to arrive to Mumbai from Malaysia. It is said that the company`s financial status is not sound enough and this is thr reason why the reason why the two switches are yet to reach Mumbai from Malaysia.

Last year MMRDA had even said that the monorail trial run would begin by January-February this year but the same didn`t not happen due to unavailability of switches. This also means that the phase-II between Wadala and Jacob Circle would begin only by this year end provided the switches reach on time. In the month of April last year mid-day had done a story (Mumbai Monorail is running a loss of Rs 1.

5 crore every month) in which it was stated that as per the MMRDA data monorails daily cost of operation is exceeding its earnings via ticket sales and a major sum goes in paying salaries of MSSC security guards manning stations.While tickets rake in Rs 2 lakh every day, it takes Rs 7 lakh per day to operate the Monorail.

Source: http://www.mid-day.com/articles/arbitrator-appointed-to-look-into-constant-delay-of-mumbai-monorail-project/16993154

how low can it get?

will start selling all tomorrow, two major disputes in Malaysia & India

http://www.theedgemarkets.com/my/article/scomi-files-ex-parte-injunction-against-prasarana

An MMRDA official who did not wished to be named confirmed the same. "The company has said that there has been a delay in the construction of monorail for which MMRDA is responsible as it has resulted into escalation of project cost. In order to solve the issue, we have appointed a three member team as the arbitrator.

" The three member team was appointed around three monts back and this includes Railway officer S D Limaye, Former PWD official Jayant Nashikkar and Anand Kulkarni. It should be noted that already the monorail project is delayed.

From its start itself, the monorail project has been facing a lot of problem which includes technical glitches.

The Jacob Circle Wadala section of monorail which was expected to be operational by the mid of this year has also been delayed as the planning authority has yet not procured the switches (the mechanical unit that helps the monorail to go from one beam to the other at the both ends of the corridor). There are two switches which are lying with customs and two more are yet to arrive to Mumbai from Malaysia. It is said that the company`s financial status is not sound enough and this is thr reason why the reason why the two switches are yet to reach Mumbai from Malaysia.

Last year MMRDA had even said that the monorail trial run would begin by January-February this year but the same didn`t not happen due to unavailability of switches. This also means that the phase-II between Wadala and Jacob Circle would begin only by this year end provided the switches reach on time. In the month of April last year mid-day had done a story (Mumbai Monorail is running a loss of Rs 1.

5 crore every month) in which it was stated that as per the MMRDA data monorails daily cost of operation is exceeding its earnings via ticket sales and a major sum goes in paying salaries of MSSC security guards manning stations.While tickets rake in Rs 2 lakh every day, it takes Rs 7 lakh per day to operate the Monorail.

Source: http://www.mid-day.com/articles/arbitrator-appointed-to-look-into-constant-delay-of-mumbai-monorail-project/16993154

will sell all tomorrow first q in the morning, apart from malaysia India also got issue..

An MMRDA official who did not wished to be named confirmed the same. "The company has said that there has been a delay in the construction of monorail for which MMRDA is responsible as it has resulted into escalation of project cost. In order to solve the issue, we have appointed a three member team as the arbitrator.

" The three member team was appointed around three monts back and this includes Railway officer S D Limaye, Former PWD official Jayant Nashikkar and Anand Kulkarni. It should be noted that already the monorail project is delayed.

From its start itself, the monorail project has been facing a lot of problem which includes technical glitches.

The Jacob Circle Wadala section of monorail which was expected to be operational by the mid of this year has also been delayed as the planning authority has yet not procured the switches (the mechanical unit that helps the monorail to go from one beam to the other at the both ends of the corridor). There are two switches which are lying with customs and two more are yet to arrive to Mumbai from Malaysia. It is said that the company`s financial status is not sound enough and this is thr reason why the reason why the two switches are yet to reach Mumbai from Malaysia.

Last year MMRDA had even said that the monorail trial run would begin by January-February this year but the same didn`t not happen due to unavailability of switches. This also means that the phase-II between Wadala and Jacob Circle would begin only by this year end provided the switches reach on time. In the month of April last year mid-day had done a story (Mumbai Monorail is running a loss of Rs 1.

5 crore every month) in which it was stated that as per the MMRDA data monorails daily cost of operation is exceeding its earnings via ticket sales and a major sum goes in paying salaries of MSSC security guards manning stations.While tickets rake in Rs 2 lakh every day, it takes Rs 7 lakh per day to operate the Monorail.

Source: http://www.mid-day.com/articles/arbitrator-appointed-to-look-into-constant-delay-of-mumbai-monorail-project/16993154

if second UMA, syndicates will drop this counter

observe what i mean, slowly q at 0.115 will be bought off, then they will buy a little at 0.12, then sell q at 0.115 will rebuild again, while selling a bit at 0.11, until retailers start selling at 0.11