haiz, a sad story.

Custom made for a client, but fail on quality check.. whole batch need to write off

loss >RMB400 million on custom made shoes!!! That is a lot of shoes!

for a non-growth stock, PE 10 is overvalue.

q @1.35

Both volume and price move north.

L&G is the only counter in KLSE where it net cash is more than its share price.

Simply put, if one were to privatise this company at 0.40, the investor will received 2cents in cash, plus all it assets, land etc. worth >20c per shares.

SJSOON, why do u disapprove of the pp? It s cheap way to raise capital for the company rather tahn taking on debt, isnt it?

been pushed up at the final closing hour. wonder what the play here. Been like that for a week already.

wah, super investor buy call!!!
time to leave

koon bee truck start unloading.watch whr u guys heading.

apparently holland sifu also ask followers to sell, reason being no more growth.

pity those follower, asked to go in mid-Nov last year around ~2.6; now tell ppl to cut loss.

careful guys, this counter gonna cross beneath the 200MA line soon. which make it technically in bear teritory.

sold off all mine too..
Need to raise capital again... haiz

http://www.theedgemarkets.com/my/article/cimb-raise-rm10b-debt-securities#.VxbsDGuyZog.twitter

http://www.theedgemarkets.com/my/article/malaysias-cimb-chairman-nazir-razak-takes-voluntary-leave-absence-source#.VxRYRD8W8r0.twitter

It was exactly the same pattern from last q. Price n volume up before QR. Then tank after QR out

private placement is good, as long as it is use for new project that can generate more revenue/profit.

Think about it this way, if you need to develop a new project... u need money, as individual u can only borrow from bank, which need to pay back together with interest.

But for a public listing company, it can also do a private placement to raise the money. In this case the money flow into the company, but no need to pay back and no interest incurred. Of cuz u have new shareholder.

Existing share capital ==> 235,112,378
Enlarged issued and paid-up share capital ==> 258,623,615

The EPS of Gadang Group may, however, be reduced correspondingly as a result of the increase in the number of Gadang Shares in issue pursuant to the Proposed Private Placement.

The Proposed Private Placement is intended to raise funds to further grow and expand the property development business of Gadang, which is expected to contribute positively to the future profitability of Gadang Group.

The Board is of the view that the Proposed Private Placement is currently the most appropriate avenue of fund raising after taking into consideration amongst others, the following factors:
(a) it will enable Gadang to raise funds without incurring interest costs as compared to bank borrowings or issuance of debt instruments;
(b) it will enable the Company to expediently raise additional funds to fuel its future growth and expansion into its property development business without relying entirely on equity funding from the existing shareholders of Gadang; and
(c) the enlarged share base is also expected to enhance the liquidity of Gadang Shares on the Main Market of Bursa Securities.

http://www.theedgemarkets.com/my/article/midf-research-upgrades-bimb-trading-buy-keeps-target-rm422

amendment finally
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1882333

Good point paperplane, VSI is more on OEM for plastic moulding rather than semicon;

It is even listed on jobstreet, their company profile.
http://jobs.jobstreet.com.my/my/jobs/2550721?fr=23&src=44

looking at the trading volume and buying interest, looks like coming Q results will be spectacular again. Insiders are buying!!

Directors buying back

Type of transaction Date of change
No of securities

Price Transacted (RM)
Acquired 10/10/2014
250,000


Acquired 13/10/2014
60,000



Circumstances by reason of which change has occurred Acquisition of Shares via Open Market by Fang Siew Poh
Nature of interest Deemed Interest
Direct (units) 0
Direct (%) 0
Indirect/deemed interest (units) 46,199,400
Indirect/deemed interest (%) 21.43
Total no of securities after change 46,199,400
Date of notice 13/10/2014

http://www.theedgemalaysia.com/business-news/310908-update-malaysias-cimb-rhb-mbsb-reach-merger-deal-source.html

the merger is a go!

http://online.wsj.com/articles/three-malaysian-banks-to-merge-to-form-countrys-largest-lender-1412823406

very disappointing with this counter.

Hi SaturnZ, dont quite understand what u meant.
Once passed 0.70, cap reached 500MM; why would it be a done deal for LA?

It is really sad to see a few cowards who always taking a snipe at those who spend time and energy on sharing with the rest.

What was the latest annoucement mean?
=============

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES

We refer to the announcement dated 27 May 2014 in relation to the above. On behalf of the Board of Directors of SBC, RHB Investment Bank Berhad wishes to announce that an application for an extension of time of up to 25 September 2014 for the issuance of the circular to shareholders in relation to the Proposals had been submitted to Bursa Malaysia Securities Berhad (“Bursa Securities”) on even date for its approval (“Application”).

The Application is made to be in compliance with Paragraph 9.33(1)(a) of the Main Market Listing Requirements of Bursa Securities, which stipulates that, amongst others, the listed issuer must issue the circular or document as soon as possible and in any event not later than two (2) months from the date of the announcement or the date the last approval necessary for the corporate proposal is obtained from the relevant authority, whichever is the later.

The Application is being considered by Bursa Securities, the outcome of which will be announced in due course.

This announcement is dated 10 July 2014.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1681893

Mr. Koon, many thanks for sharing the info. Please keep up the good work and sharing.

Lohman, I think no matter how low / high profile Mr Koon posted his stock selection; sure will have one or two cowards will try to take a snipe on him. U just cant please everyone in this world.

RM 70million/year == 0.13 eps

when is the warrant deadline for PWORTH-WA? cant seem to find it on Bursa

Arg. .. yes. Many thanks.

Hi Mr.Koon, many thank for the wonderful talk and your generosity in sharing your experience.

I forgot to write down the books u recommended this morning, would u mind share the title of the book again here?

Thanks again

Any particular reasons y prices were so weak passed three days?

nothing spectacular.
die liao lah tmr

many thanks to OTB & Icon8888

still on track to accumulate...

Mr. OTB
Please email me the info of your course familylky@gmail.com