Gap down for a while...

BLACK – OUT PERIOD
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Jangka waktu di mana semua capaian user di dalam sistem GFMAS di “lock” oleh Jabatan Akauntan Negara Malaysia dan tiada sebarang
perubahan boleh dilakukan sepanjang tempoh tersebut

1. 15 November – 17 November 2017 (Migrasi data pertama)
2. 4 Disember – 13 Disember 2017 (Migrasi data kedua)
3. Mulai 30 Disember 2017 – Februari 2018

1GFMAS 'go-live' - 1 January 2018. Then the "Black-out" period (data migration glitches monitoring, if any) - up to 28 February 2018.
1 March - full 1GFMAS operation

1GFMAS already deployed, users training already started in 2017, after Ferbruary 2018, it will be used by ALL Malaysia Government agencies including state and statutory bodies.
Hopefully there are no glitches. Eventually, all Malaysia Government transactions will be like online banking.

"...DNex said the acquisition of a 51% in Genaxis Group Sdn Bhd is subject to several conditions.
One of which is that Genaxis must complete the purchase of a 60% stake in Innovation Associates Consulting Sdn Bhd (IAC). Genaxis is an experinced consulting firm delivering training and services in business transformation activities. Meanwhile, IAC is one of the leading consulting firm with more than 300 experienced consultants.
The company is the contractor for a RM228.8mil project to deliver financial and management accounting system for the Accountant-General’s Department.

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The Accountant- General's Department ERP called 1GFMAS. This is MoF ERP custom made for Malaysia Government Accrual Accounting. It is based on SAP AG software. It control all the Malaysia Government money transactions including the State level accounting. Furthermore, 1GFMAS also developed to include Malaysia Government's procurement which previously based on ePerolehan and Malaysia Government's Asset management (to be integrated later) which are mySPA and MySPATA.
This is a very big project. It is bigger than MyEG. It is very good move by DNEX. Maintenance and training should be a recurring income for DNEX. If DNEX consistently pay dividend it will be another MyEG.

Highest? .90 cents. Hdd mechanical parts assembly is a sunset industry.

Furthermore, this counter also can be shorted (RSS).

When giant fund keep disposing, EVERYDAY, very hard to rise. Looks at Malakof. It doesn't matter the company's fundamental is good or not.

very difficult to rise becoz of shorters

Before EGM, this counter can be considered already dead lol.

...."As I said before the fantastic rise of Hengyuan from about Rm 2.50 to above Rm 19, an increase of about 800% within one year, has created history in our local stock market that no one including I have not seen before...."

During the 90s there are many bursa counters acted like this, at the end, most of them become rubbish counters. So be careful. It is not new for old timers...

Mari, mari buy, buy, sama-sama tangkap falling knife...

Let catch the falling knife, let die together. Come, come, buy, buy else you will regret

China's group cashing out time...don't be the last one carrying the baby

It is FA or TA, speculative, manipulative or what ever, at the end it will goes back to the equilibrium, actual value.

HSS proxies can throw their shares to press the price. May force be with you all.

Everyday big fund keep disposing, be careful

At 0.58, Cold eye pun rugi byk


Peter2357 Annual Report 2016...
Mr.Fong Siling(cold eye) is the no.5 largest shareholder.

No resistance at all to SCR, else the price should hanging around 0.575...minorities are 'forced' to accept the SCR.

PAC already on their side.

LCTH is no HOVID

No way currently, blocked, 'ghost' seller on the sell queue.

We refer to the announcements dated 7 December 2017, 4 January 2018 and 5 January 2018 in relation to the Proposed SCR.



In accordance with Paragraph 3.06 of the Rules on Take-Overs, Mergers and Compulsory Acquisitions 2016, the Board (save for the interested directors who are the persons acting in concert with Fu Yu Investment Pte Ltd, being Hew Lien Lee, Tam Wai, Ho Nee Kit and Ching Heng Yang (collectively, the “Interested Directors”)), had on 8 January 2018 appointed Mercury Securities Sdn Bhd as the Independent Adviser to provide comments, opinions, information and recommendations to the Board (save for the Interested Directors) and to the entitled shareholders in respect of the Proposed SCR.



This announcement is dated 8 January 2018.

'Ghost sellers" already coming. Today, they come early.....don't want to wait in the evening :)....:)

Cheap sale!...Cheap sale! Fundamental intact, IPO RM1.80. No problem paying dividen

Big funds keep disposing, retailers keep buying....

Everyday is T+3, everyday is T+4, everyday is T+. The concerned day is when the volume spike without any clue and price goes down or blocked for rising.

Big fund everyday dispose, ikan bilis tolong makan....

Need to wait the big funds stop throwing else it will go down because they have BIG fund.

All big fund hari-hari dispose, ikan bilis mau beli ka? Kena telan saja. 50 sen is coming.

No way out. Cannot push up the price as HOVID. 'They' will make sure the price will be below 0.58, making the offer at 0.58 is very attractive! At this moment 'all' agreed to the Fu Yu offer.

In the bigger picture, we can see that, the stock price can be pushed up. It is a matter of sustainability. If it can be sustained, then you can see like HY with some correction otw, else, it will be back to the square..

Just window dressing, tue will drop back...

Hopefully no more shorter, we need more longer...hahahaha...buy back share can stabilize and push up the price. As usual, EPF should duduk diam2....

Langit mula runtuh

Today will stop at 87...

Posted by i3lurker > Dec 29, 2017 02:49 PM | Report Abuse

overshorted

yield is too high.. funds dun care price. Funds buy on yield.

dun think it can be shorted any further.

If no dividend and loss making then can be shorted to 1 sen. But the yield is currently 7% already. Uncertainty over dividend is about over. Yield is almost certain.

I agreed with you but what my concerned was, there is no fund/operators that go long...

Shorting is just ambil kesempatan, bila ada peluang. Nasib lar...

ikan bilis just follow the trend, you against the trend, then bule mati lor...except you have million shares in hand...it looks operator pun biar saja...

Q buy 1 million++ pun bule kena telan....apa mau cakap...hahahhaha

...provided that, there is no 'interruption'. If the are long seller with the comparable amount of shares, then, short seller also bule kaput lor

It is simple, they short again and again....

you, me and everybody can be short seller but the broker provide the service.

Posted by i3lurker > Dec 29, 2017 11:39 AM | Report Abuse

HE HE

short seller will NEED to pump dowm to 86 sen coz I TELAN BANYAK @ 87 SEN ALREADY!

Posted by i3lurker > Dec 29, 2017 11:43 AM | Report Abuse

OF COURSE MAH

short selling is approved for this share

MAY BE ONE OF THEM :)

It is legal. I put the blame on the broker, not the short seller.

Short seller may even don't have/hold a single Malakoff share because they just loan the Malakoff's share from broker.

With million daily volume, short seller's with million stock in hand, they can control the price, up or down. The brokers with million malakoff's stock in hand is the culprit. Although Malakoff permitted for short selling, not all broker provide short selling service because of the high risk, high return/loss.

Malakoff fundamental still intact

Posted by alexsee > Dec 29, 2017 12:01 PM | Report Abuse

after short selling, should they buy back the shares?

You need to understand the short selling mechanism. Short selling is not related to share buy back. Short selling is normal for derivatives

Short selling, harga nyatuh pun bule buat untung maa. I said the 'ghost seller' because EPF already duduk diam2. Very suitable for high volume counter

Regulated Short Selling, RSS and securities borrowing and lending - negotiated transactions (SBL-NT) already permitted early 2017

Everyday there are ghost seller keep throwing...