Lim Teck Meng is a family founding member in Scientx, a major shareholder but ceased to be now as recorded. Scientx still intact under CEO Lim Peng Jin .

Majority shareholders at 150 only.....

Posted by leslieroycarter > May 30, 2017 03:32 PM | Report Abuse X

Inland Revenue will go after cos black listed n extract more taxes calculated way back in 10-20 years . I doubt any co May servive after the raid.

Overpriced counter , more rooms for corrections once the qtr result not in line with expectation.

Already priced in.....time to unload to realize the profit . Even EPF is constantly selling to realize the immediate gain.

Majorgity of the directors n sub shareholders bought cheaply at 1.50, so the present price still v comfortable to them.

Broke 11.5c , too bad for those who opted to hold long for this stock.

Dropped so much but how come TP still high at 101?

Most counters under corrections , no excuse for this one.

Last chance to buy b 4 ex

Good opportunity to buy cheap

Buying opportunity

Buying opportunity coming again

Alibaba not coming....

Overvalued at 58c cos TP at 49c

Look like fgv is in better shape

Annualised result
EPS -ve 1.8 c
PE -ve 95
How u r going to rate the stock ?

EPS 0.8 c
PE 225
How much u want to rate the stock ?
It is a real penny stock not more than matang share of 12c

no way the art result will be good by looking the slide of the stock.

Towkay already packed the price at 150 , so anything above is considered bonus. Unless it falls below par , or else the co would not come to the rescue. Even then , it needs approval first,

After June , Feb will slap an increase in interest rate meaning to say that Bursa will be undergoing heavy corrections

Yes , the present price is way above they had sold , unless the stock is undervalued , they have no choice to buy back even then approval must be given in AGM.

The co was selling their treasury shares well b4 qtr result out . Coupled with sub. Shareholders were selling all along . Thus when qtr result out more than - 50% , the sharp drop was inevitable . Unless the co come n rescue to buy n save the situation . Small punters got little hope to recover the heavy drop unless the white knight coming to safe the day. In short term will not be possible.

The cycle may stop any moment , coz the other stocks doing the same business had seen their prices coming down daily.

bearish signal....

They were selling from 256 to 346 all along the way . So if u want to buy better lower than these prices will b safer.

They were selling all the time not only from sub shareholders but more sale from the treasury shares which has dampen the price.


Wednesday, 24 May 2017

6:03PM OLDTOWN FRANKLIN RESOURCES, INC (368,000 units Disposed)

Tuesday, 23 May 2017

5:43PM OLDTOWN FRANKLIN RESOURCES, INC (284,400 units Disposed)

Monday, 22 May 2017

5:16PM OLDTOWN FRANKLIN RESOURCES, INC (146,800 units Disposed)

Wednesday, 17 May 2017

5:29PM OLDTOWN FRANKLIN RESOURCES, INC (253,400 units Disposed)

Tuesday, 16 May 2017

5:42PM OLDTOWN FRANKLIN RESOURCES, INC (200,000 units Disposed)

Monday, 15 May 2017

5:35PM OLDTOWN FRANKLIN RESOURCES, INC (45,000 units Disposed)

Friday, 12 May 2017

5:41PM OLDTOWN 1,779,200 units of treasury shares sold

Monday, 8 May 2017

5:39PM OLDTOWN 4,000,000 units of treasury shares sold

Friday, 5 May 2017

5:50PM OLDTOWN 779,200 units of treasury shares sold

Thursday, 4 May 2017

6:05PM OLDTOWN 1,000,000 units of treasury shares sold

Friday, 28 Apr 2017

6:04PM OLDTOWN 1,000,000 units of treasury shares sold
5:34PM OLDTOWN 500,000 units of treasury shares sold

Thursday, 27 Apr 2017

5:59PM OLDTOWN 2,000,000 units of treasury shares sold

Wednesday, 26 Apr 2017

6:11PM OLDTOWN 1,000,000 units of treasury shares sold

Friday, 21 Apr 2017

5:22PM OLDTOWN 2,450,000 units of treasury shares sold

Thursday, 20 Apr 2017

6:20PM OLDTOWN 500,000 units of treasury shares sold
5:32PM OLDTOWN FRANKLIN RESOURCES, INC (18,100 units Disposed)

Wednesday, 24 May 2017

6:13PM REV 1Q net profit 8.334 million (increased 775.42%)

good lower entry place...

Puasa month will b in the next qtr result , this will surely impact the result.

When punters unloaded the shares , there must be some solid reasons around . There r reasons that r hidden usually unknown to us esp small investors. We r the last one to know anything when the fall already happened.

In April it was traded 120 In May it weaken to 160 , now is trading 170 . I think it has gained 50c in a month , not bad considering the magnetic forces attached to steel when China has stop dumping n the many mega projects disclosed by the government . But remember , all r in the drawing n planning stage n nothing is confirmed. If there is a change in administration most of the projects will be reviewed n these can pose a serious impact on the steel related stocks , Better to prepare umbrella before it is raining.

The usual practice to hand out bonus share in Dec , not sure whether this year will make the same move gain?

I think the share is fully valued given that it was traded 60 c in Mac , now is more than double the price . Further more first sign of weakness appeared in May 25 when it dipped below 103 with quite a sizable volume . This is not a good sign coz the weakening effect has set in n this will lead to more players abondoning the stock in days later.

Practically most of the substantial shareholders r disposing from 1.13 - 1.43 in big volumes , thus we must be very extra careful of the outcome if we r buying higher than these.

U can see clearly TH is selling 3 times in big volumes but buy back 1 time in small volume , their acts r to lessen the impact of sharp price drop in the hope of disposing all in their coffers , Thus we must be very careful of the precarious situation of buying fav now.

Buy during crash time is the best way to protect your hard earned money.

yes , the best policy is do not chase high m let them make money first , stay sideline coz your time to buy cheap will come any how.

Consolidation n accumulation phase.....

Haio can b like old town coffee , if it's profit suddenly drops by 59%. Hope it will not happen ....
No one can b so sure that it won't happen.

More shareholders r selling when price rebounds

TP by analyst only 2.22

Any share with sudden gap up for no apparent reasons , must be very careful of insiders job . Do not chase up coz u may get trap with no clue of how it has happened. Be contented not holding the share coz may be another day , u can buy it at a more reasonable price. Just be patience.

LTH is selling aggressively, so if u said it is good then why the continuous selling ?
Mind u this share was traded less than 40c , it went up to 60c n up until the present price just because une time earning of 14c , all along was not making but loss more than 140c per share . At 14c , the co need 10 years to recover the previous losses. Business environment is changing fast n so the price increase for steel is man made not permanent for sure. If China increase production , all the increase will be totally wiped out. This is my layman analysis not to recommend buy or sell.

Huge loss co n with the new entry of Proton Geely n come with many models of appeal like SUV to Malaysians , the profit margin will b further diluted.
Eps 6c , previous loss 145 c
Pe exceed 85
The present price is overvalued fir sure,

I suspect this coming May qtr result is not that good , so the insiders r the ones disposing gradually in order not to panic the public . I can't possibly find any good reasons for them to sell if the coming qtr result is so good .
Eps 14.64
Pe 21.11
Av TP 2.22
Thus the present price is considered overvalued.

Better hold to get the split n bonus . Buy 1 got 2.5 , buy 2 got 5 , buy 3 got 7.5 , buy 4 got 10 . Buy more the merrier. Do enjoy the ride.....

Enjoy the ride

23-May-2017 Quarter Result Quarter Result on 31-Mar-2017[#1] QoQ - -53.79% YoY - 505.33%.
19-May-2017 Blog
QoQ-Result -53.79%?????????

Only can see the big word Disposed.