For pn17 co, the two quarterly reports must undergo limited review by external auditor before submited to bursa for unliftment.

Leslieroy, how do you see mpay ? Can buy ah.
.?

Hi bullbear777,
What your motive here?
Or should it be madida motive ?
After making huge gains, now conscience guilty .?


Anyway , if what you or madida said are correct, then the md trade is consider insider trading as he knows mpay lost the trs but the public dont know.

On 8 aug he and the board said there are not aware of trs development.

If mpay lost the trs bid , shouldnt it be announced?

Hi guys, mr chew can only trade tommirrow as his notice was on monday. That is according to bursa rules

Fx,
Q4 results expected by end Feb will captured the RM 86mil due to haircut from creditors under regularisation plan . Nothing to do with pp.
You must ask yourself why would someone put RM 100 mil to take up 10% pp .

I prefer those percieved to have tremendous growth prospects eg dayang, sumatec and THhe

Labi..
Even if one buy 1,000 lot at 80 ct , and take up right issues of 4100 lot at 17.5 ct your total investment cost is only rm 152,000.
Baes on yesterday closing your
investment is now worth
5100 at 29 ct is rm 147 000 and warrants wb 1025 at 23 ct is rm 23,000 so total rm 170,000 making a paper gain of rm 18,000. That 12% in four month or 36 % annulised a year.
Imagine once said start drilling oil in middle jan 2014, like hibiscus price will increase 30% ( hibiscus increase from 190 to 260).
30% increase mother share will be 40 ct and wb 34ct then investment worth 5100x 40 and 1025x 34 total rm 238,000 making gain of rm 86,000.




Other catalysts are


In feb 2014 quarter 4 profit
Apply early uplift from pn17
Bursa approve uplift
Found oil


Norm upon exit pn17 price double. See th heavy , ho hup

So if price fluctuate a few cents no need to panic .

For TA i feel that the chart need to adjust for the right issue as wb is issue free

What the big fuss. Always based your decision on annoucement in bursa wedsite. Not newspapers. Nowadays if you read news you should take it with two spoonfuls of salt

Sundar63,
How is your investment in frontken? Profit making compnay wo

Meaning TSHS block of 25% cannot vote.
that why Tekad 25 % block need to offload to friendly parties

Actually the posting is from Havard57 on Nov 6

Nov 6, 2013 07:42 PM | Report Abuse

i cannot understand why so many people keep concentrate on sona n cliq. actually Sumatec is confirmed having oil well and with this restructure the money will be paying off debt and certain portion will be acquired more oil rigs ! Sumatec business modal is same as Hibiscus in upstream oil exploring. if Hibiscus par value of 1 sen can trade @1.90 is like RM190 if using RM1 par value !!! Sumatec par value is 14 sen, if convert to RM1 par is like trading @RM23.60 which is much cheaper than hibiscus.
dont worry about big number of shares, Public Bank shares is also few billion but look at the price !!! Actually number of share is not a issue, many HK shares are few billions and are trading above HK$100 !
Sumatec potential is not bad, once lifted from PN17 next 2 weeks sure attract many int funds. If i am cliq share holders, for sure convert all to sumatec first !!

I really dont know why still harping on disposal by Tekad mulia (the old engine).Just ignore it. They need to dispose all and exit as per agreed.

Zhirui, believe you are a newbie. If in doubt dont simply buy any share. Just buy maybank or public bank . Dividend higher than fixed deposit.

I find cimb brokerage is cheapest at only 0.08%

Actually felda bought the 132mil shares from PNB

Harvard, agrred with you.Wa would eventually be 10 cents lower than WB

In malaysia water is more expensive than petrol !

derrick IRIS have both WA and WB