I am a retiree.
This was part of the regularisation plan
Other salient points include the settlement of liabilities to its creditors amounting to some RM109.6 million and the settlement of professional fees of RM610,114, a private placement of up to 250 million shares at 20 sen per share
Maker or major shareholders hv to show true intent...they need to start collect from open mkt and absord any form of selling. At the moment we aint seeing any..is like pump to 22cts then someone started to cash out. Bear in mind pgb took over daya s listing did a restructuring...settled wt creditors wt shares of newco...creditors might b cashing out when price ran up
18 hours ago | Report Abuse
When share price run up is an opportunity for old creditors to cash out by dumping further
1 day ago | Report Abuse
Need more volumn
5 days ago | Report Abuse
Nobody dare to even scoop the shares from open mkt major shareholders too not showing interest to accummulate their own shares. If there is confidence of upliftment who knows it better than co major shareholders. Look at the volumn traded indication of lack of confidence whether Bursa will approved its application to get out from pn17 status.
1 month ago | Report Abuse
Spiked in vol will provide indication good new coming
Owners also hv no confidence or else they could hv accummulated more shares before good news. It tells us alot why share price just dont moved
Tgu shj sehingga npk jumlah dagangan meningkat baru petanda ada berita bagus keluar dr pn17 ..selagi tiada volumn besar tak mkn harga saham dpt melonjat
Naik tp volumn tak byk
Another substantial shareholder sold all
Sthing brewing ...1 of substantial shareholders sold stake who actually bought it ?
Npk mcm ada kerumitan mkn SC tak approved
Looking at dropping share price looks like getting out of pn17 might be a distant Dream
Seem like shareholders also not providing support to dropping share price even pending super good news out of pn17 status. Maybe might not able to get out of the woods
2023-03-02 16:00 | Report Abuse
Dato EO all koyak
2023-02-22 18:14 | Report Abuse
Should be out of PN17 status since already managed to post 2 consecutive qrtly profit
2023-02-20 19:53 | Report Abuse
Share price will remain ding dong fr now on...no more catalyst til approval of transfer to main board..approval also might not able to provide impetus for price to fly beyond 30cts
2023-02-20 19:50 | Report Abuse
QR so so only...thats why sell down before closing n after news
But volume have to pick.up
We look forward to 2 more catalysts that might able to propel price upwards...No 1 To B Announced Qr and No.2 Aprroval to Transfer to Main Board
2023-01-26 19:43 | Report Abuse
Is he acquiring more in anticipation of announcing a qr or is he disposing?
2023-01-26 17:33 | Report Abuse
Owner alrdy gave notice to deal after closed hours
2022-09-06 22:54 | Report Abuse
The volume hv increased unseen before.. at last ppl start to notice KTC...
2022-09-02 09:03 | Report Abuse
Goreng activities must involved major shareholders or else mkt maker pump shareholders will dump..Jeopardised pump activities.
2022-07-04 20:19 | Report Abuse
This newco we all should monitor closely...once analysts started to cover this stock then many will know n take notice of its potential.
2022-06-24 12:59 | Report Abuse
u mean go up to 25cts?
2022-05-24 12:52 | Report Abuse
Agree Support seem stil vr strong waiting for more gap up
2022-05-05 18:42 | Report Abuse
Listing status stil valuable. Dont sell. Looking at how ancom n nylex bn whack up, owner will continue to pump till next great newe out
Maker collected alot at 16cts
Lets hope co will announced some good news...
2022-04-22 15:23 | Report Abuse
4get about s5 talk more of HIGH5
2022-04-22 15:22 | Report Abuse
20cts coming Kaboom
2022-04-22 10:17 | Report Abuse
May ancomlb share price run up higher
2022-04-20 18:28 | Report Abuse
2022-04-19 22:31 | Report Abuse
CHECK WHAT I POSTED WHEN DID I SAY MYCRON UNDER PN17?
2022-04-19 18:34 | Report Abuse
Mycron is not under financial distress past 6 qtrs still making decent profit auditor did not issue any statement on its financial position that rendered it to b classified as a PN 17 co
2022-04-19 18:25 | Report Abuse
Listed co wtout core biz fall under bursa Rule 8.03A rules
PN17 stands for Practice Note 17/2005 and is issued by Bursa Malaysia. In general, PN17 companies normally have some financial difficulties. As such, investors get quite worried when some fo the shares they hold are for PN17 companies.
TheContratian...On what ground if melewar disposed off Mycron will triggered PN17 status??? How do you classified a listed co fall under PN17???
2022-04-19 14:08 | Report Abuse
We dont need to wait vr long as Qr announcement next mth ..Mgt wil need to update shareholders future direction of co. Dont just watch Ancom Group Owners scoop up cheap price..run up til 24cts wil make u 50% gain .Downside? Other than owners press down to collect cheap why should it drop below 10cts ??
2022-04-18 20:29 | Report Abuse
Any further announcement will determine the future direction of this co.
2022-04-18 20:28 | Report Abuse
If price too low ancom s owner will scare ppl will scooped up their stake for a hostile take over. As owner will let that happened? Ancomlb now trigger Bursa Rule 8.03A..not Pn17...non core biz...need to inject biz or find partner for take over...Just like Nylex recently announced JB project
2022-04-18 09:40 | Report Abuse
How low can the price dropped...
2022-04-18 00:35 | Report Abuse
Haiz read the announcement ...The RTO is off...Do read the latest announcement
2022-04-16 14:48 | Report Abuse
Disclaimer Not Buy Sell Call...But any further drop in price just too good to ignore...esp for a company trying to romp in anor co to take over listing status...Besides how much downside ancom s onwer will let ancomlb share price to drop further? By right they are the one who will be scooping up the cheap shares 1st to prevent someone to come in and hold a bigger stake 2ndly if u know u planning to sell off the company you must ensure you will get a huge return from the sale
2022-04-16 14:42 | Report Abuse
They hv 12 mths to submit regularisation plan knowing Ancom n Nylex style of pump any news will be ancomlb catalyst...we dont need to wait 12 mths to see anor gap up...any news of new plan or proposal will ignite interest again..
2022-04-16 12:47 | Report Abuse
We look forward to Ancom s owner further announcement on their plan for ancomlb ..for sure they have something in the pipeline ready for ancomlb...Any future plan in store for ancomlb will be the next catalyst for ancomlb share price movement. Further dip in price good opportunity to buy n hold.
2022-04-15 19:53 | Report Abuse
Yes share price drop can buy and hold since is cheap. Ancom the owner will not sit still and do nothing.
As for this S5...they did it once wt Connect County now with Ancomlb..So we need to be careful.
2022-04-08 13:51 | Report Abuse
Stock: [PGB]: PROPEL GLOBAL BERHAD
17 hours ago | Report Abuse
PP investors & Creditors might be disposing