Who selling WCE?

WCEHB ｜ 下一家蓝筹股？10年时间10倍回报有可能吗？
https://www.youtube.com/watch?v=NZnIw0ejPA0&t=1s

Really good news. Target 80sen !!

WCEHB buy for long term for huge profit. Another PLUS is making !

Share price damn bullish. Look like something good going to happen soon.

WCEHB BREAKING NEW HIGH !

Punter dump the shares, RUN !!

Karex price already up 50% from bottom. Punter selling when CIMB report out. Better run now before too late.

Latest Q result still making loss. Those chase high, prepare for 50% loss.

BJLAND privatisation very soon ?

BJCORP & BJLAND moving

YXPM IPO PRICE IS 28SEN ! NOW ONLY 21SEN. AT LEAST CAN UP TO IPO PRICE 28SEN !!!

Some of my friends bought Fintec, Inix, Mtronic, Vsolar at high price. I told them to sell, they dun want. Now loss alots. Some loss few thousand, 2-3 ppls loss almost rm500k.

The risk is Margin Call. Banker will start sell anytime soon.

Dun regret if u don't sell now. Tawin just worth 1sen !!

Director using margin to hold their shares. When share price dropping, they face margin call or force sell.

Waiting buy back at 50sen.

Shit. Cut loss at 92sen. Loss RM50k.

TAWIN guarantee dip to 3sen

Only clever ppls will buy Tawin. hehe

Tawin just worth 1sen. Price will drop to 3-5sen very soon.

major shareholder pledge their share to bank. now price break below the bank force sell price. bank start to sell the share in market.

Tawin major shareholder kena force sell by bank.

Edaran can break rm1.00 this morning or not.

Dun forget Edaran. Another THETA is making.

Yea, Edaran is high undervalued.

Will limit up. Just wait and see.

EDARAN VERY LIKELY WILL LIMIT UP TODAY.

YEAH. EDARAN IS FAR MORE BETTER THAN THETA. EDARAN IS PROFIT MAKING

EDARAN WILL BE NEXT AFTER OPCOM, THETA .

EDARAN GO GO GO. RM1.50 SURE HIT.

Those miss the boat at THETA. Must buy Edaran.

Edaran another THETA is making. Go Go Go.

mean no deal at the moment.

Deliberations are still ongoing and the firms could decide not to go ahead with the plan, said the people.

Singapore's PE firm to buy a third of AppAsia?

KUALA LUMPUR: Northstar Group, a Singapore-headquartered private equity (PE) firm, is eyeing to buy a third of AppAsia Bhd from the latter's ultimate shareholder for 55 sen a share.

Northstar, which manages more than US$2.2 billion of equity capital dedicated to investing in growth companies in Southeast Asia, planned to take AppAsia private, said a person with knowledge of the matter.

It is understood that the ultimate shareholder of AppAsia is Yuk Tung Group.

The current dominant shareholder of AppAsia is a top associate of the privately-held Yuk Tung, the source said.

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"The offer will include not only the mother shares, but also both AppAsia warrants. Based on AppAsia's closing price on Friday, the combined market value per unit of the mother shares and warrants is 28.5 sen," the source added.

Since its founding in 2003, Northstar has raised five private equity funds and invested in more than 35 companies including Gojek, according to its website.


The companies come across the banking, insurance, consumer/retail, manufacturing, oil and gas, coal and mining services, technology, telecom and agribusiness sectors.

Northstar's interest in AppAsia is due to the latter's 12-year electronic bank confirmation contract with the Malaysian Acounting Association (MAA) where it is charging RM15 per bank confirmation.

Apart from AppAsia, there was only one other company in the world providing similar e-confirmation platform independently on a commercial scale, that being the Thomson Reuters-owned Conformation, the source noted.

Conformation charges its customers a flat rate in US dollar, while AppAsia charges in ringgit.

Northstar was expected to bring the AppAsia platform to Singapore, Vietnam, Indonesia and the Phillipines in a big way, the source added.

"Northstar has the credibility to do so as it is the PE firm which has helped put Gojek, a small start-up from Indonesia, into a giant entity that it is today."

Despite offering the potential 55 sen per share, the source said Northstar would possibly get AppAsia shares cheaply as from 2022 and with proper marketting, AppAsia might gain RM15 million to RM30 million a year for the next 11 years from its monopoly of the MAA electronic platform.

"AppAsia is said to be anticipating all auditors and banks operating in Malaysia to adopt this fintech e-confirmation platform developed in-house and targets to process annual bank audit confirmations for 1.3 million companies that are registered with the Companies Commission of Malaysia," said rival PE firm Potential Excelerate Group in a report.

This would be in line with the digitalisation within the banking industry through initiatives such as DuitNow by Bank Negara Malaysia, added Potential Excelerate.

OneDelta, a home-bred analytics firm meanwhile, has given AppAsia its strongest and highest rating on record.

"Stock in booming mode can be traded very volatile, price can swing largely day-to-day. While having big upside potential, the downside risk can be huge if the stock is not meeting the market expectation," OneDelta said in a report, adding that AppAsia as a stock was "shooting to the moon".

Shooting to the moon is a term used by traders to describe a lowly priced stock which suddenly acquires a much higher premium than before.

Karim will buy as much as possible at price below 80sen.

Karim buy back Serbadk share.

Share buyback by two Serba Dinamik founders on the cards?
By Cheah Chor Sooi
1 hour ago
in Featured, Markets, Top

SERBA Dinamik Holdings Bhd co-founders Datuk Dr Mohd Abdul Karim Abdullah and Datuk Awang Daud Awang Putera have expressed desire to buy back the shares that they were forced to sell earlier due to margin calls.

Since acquiring five million shares on May 31 to cushion the fall of the global integrated oil & gas (O&G) outfit following the flagging of accounting matters pertaining to the company’s FY2020 statutory audit by its former external auditor KPMG PLT which raised his shareholding to 27.07%, Abdul Karim has been on a ‘selling spree’.

The group managing director/CEO of Serba Dinamik last disposed of 95 million shares in the open market at an average price of 35 sen/share on June 29 due to forced selling which trimmed his stake in the company to 21.59%.

Meanwhile, Awang Daud who is also the non-independent non-executive director of Serba Dinamik parted with almost 27 million shares between June 28 and June 30 – also because of forced selling emanating from margin call – which further reduced his stake in the company to 0.69%.

“Potentially, both shareholders will start to accumulate the stock once they put their margin call issue behind them,” a source close to the company’s top management told FocusM.

“Moreover, the share price of Serba has stabilised substantially in view of strong buying interest from retailers, hence looking ripe for picking.

“Another plus point to consider is that Serba Dinamik will start its formal engagement with EY (Ernst & Young Consulting Sdn Bhd) on Wednesday to start the ball rolling on the jobs scope provided by Bursa Malaysia.”

Recall that the company had officially engaged EY as its independent reviewer to assess the accuracy and veracity of the matters highlighted by KPMG as per Bursa Malaysia’s deadline last Friday (July 2).

In a related development, a market observer who is familiar with the counter expects a positive outlook for Serba Dinamik in the week ahead following EY’s appointment.

“Technically speaking, the share price could potentially rebound to the 65 sen-75 sen range depending on the development of its audit case,” the market observer told FocusM.

“Hopefully, we can hear more positive developments with regard to the appointment of new independent directors over the next few days.”

At this level, with most negative news been already factored in, the market observer expects selling pressure to be “not as aggressive as before or could be absorbed by strong buying interest”.

“The current price is very attractive in terms of risk and reward with 29.5 sen being a decent support level,” he added.

At the close of Friday’s (July 2) trading, Serba Dinamik was up up 0.5 sen or 1.32% to 38.5 sen with 542.68 million shares traded, thus valuing the company at RM1.43 bil – July 5, 2021

HDD maker SEAGATE share price now in record high ! JCY will catch up

MAA LIMIT UP !

Frontkn largest shareholder Mr Ooi Keng Thye also hold Novamsc. We better buy for long term to maximise the profit. U know that Mr Ooi bought Frontkn at cost around 15sen since year 2014. Now Frontkn share price RM4.88 ! How many % Mr Ooi made from this investment !

No many ppls know about it.

But Novamsc lastest annual report, Mr Ooi appeared in shareholder list. He hold slightly below 5%. Why he bought into Novamsc ? Maybe he saw the values in Novamsc which we don't saw it.

I wish Mr Ooi can repeat the successful investment story of Frontkn on Novamsc. I also hope Mr Ooi can do more charities to this country especially during this time.

Good luck Mr Ooi.

It is a super good news for all Asiapac shareholder. IGB owner saw the value in Asiapac. I think he will increase his stakes further. Expect Mr Tan will join the board of director soon.

Mr Seow Lun Hoo appeard as 2nd largest shareholder in lastest annual report.

Seow Lun Hoo

Chairman of Newfields Group, CEO of Newfields Advisors

Mr Seow founded Newfields Advisors in 2001 with a vision of providing innovative and independent advisory services to clients from different industries and business sectors. As the Chairman of Newfields Group, Mr Seow has headlined some of the biggest corporate deals in Malaysia as they shifted the country’s M&A landscape. In 2006, he provided financial advice for the privatisation of Malakoff Bhd, and when IJM Corporation Berhad merged with Road Builders Bhd. Four years later, he was instrumental in Singapore Technologies Telemedia Pte Ltd’s acquisition of 33% of U Mobile Sdn Bhd. Other prominent deals include the acquisition and privatisation of Magnum Corporation Berhad, and the restructuring of KFC Holdings (Malaysia) Berhad and QSR Brands Bhd. His extensive experience in the financial realm saw him serving for 28 years at Hong Leong Credit Bhd, including as the President and CEO. Hong Leong Credit Bhd is presently known as Hong Leong Financial Group Berhad, the financial services and property arm of the Hong Leong Group Malaysia. Mr Seow has a wealth of experience in operation and strategic management, as well as corporate finance transactions, with a specialisation in M&A deal generation, corporate restructuring and reorganisation, and debt and equity capital market transactions.

Mr Seow is a Fellow of the Chartered Insurance Institute, UK, and a licensed Capital Markets Services Representative in Malaysia.

today is T3. after force selling 4pm, will start rebound strongly.

GO GO GO.

monitor closely. moving up liao.

WCEHB is another PLUS Malaysia !!

TAN SRI DATO' SURIN UPATKOON keeping buying in open market.

From the price movement this morning, the news from TheEdge weekly look like fake news.