piranha88

piranha88 | Joined since 2020-10-28

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Stock

2021-05-28 08:35 | Report Abuse

Perhaps will announce today that they have appointed a 3rd party audit firm together with press statement and that could at least pacify investors? IB will anyway
ride on the fear factor and pull down prices and collect? I am sure the big shareholders would have been aware of this as it didn't happen overnight. Furthermore, PP was quite recent and study would have been made by interested parties before PP was subscribed. Let's wait and see what happens today

Stock

2021-05-26 17:51 | Report Abuse

Being subject to a statutory audit is not an inherent sign of wrongdoing. Instead, it is often a formality designed to help prevent activities such as the misappropriation of funds by ensuring regular examination of various records by a competent third party.

Perhaps due to its international dealing, some foreign governments require access to the results of a statutory audit.

Nobody knows the reason for the statutory audit now and if Serbadk is keeping mum and not saying anything then the worse is true.

In the interest of the shareholders, shares should be suspended tomorrow pending a press statement by Serbadk, if any, otherwise all hell break lose due to panic selling

Stock

2021-05-26 11:40 | Report Abuse

Scib better not turn into another Serbadk. See what's happening over in Serbadk. High profit but high receivables. And latest news for Serbadk is that external auditors to be appointed. Something's not quite right or needs clarification with their accounts. And hope Scib is not affected by this. Thursday might see a drop

Stock

2021-05-21 16:13 | Report Abuse

High profit but high receivables. Same as Serbadk

Stock

2021-05-19 17:00 | Report Abuse

Why did Benelac fall grom grace? From darling shares in the early 2010s to its present state. Back then a high of Rm1.34 churning money out of nothing to few cents now. Those who held shares in this company back then would know why investors lost faith in this company. Group executive director still having high renumeration despite being in the red. Justified? Better put your money inother counters

Stock

2021-05-12 17:32 | Report Abuse

@ Dickyme How much oil palm produce per hectare is immaterial

What I emphasising is compare how much land is used for soya beans to produce the same amount of palm oil. So who is clearing more land to produce the same amount of oil.

Put the Directors in jail for a day and see if they dare to repeat what they have done. There are alternative methods instead of open burning and Malaysian oil palm companies especially members of the Roundtable Sustainable Palm Oil (RSPO), have stopped practising open burning in their plantations since 1985. The recalcitrant ones still do this (open burning) over in Indonesia where they have companies there. Like I said, throw them in jail. If the laws are not there, amend it.

EU is just attacking palm oil as it sees it as a threat to their soya oil.

Stock

2021-05-12 15:20 | Report Abuse

@ DickyMe

This notion that oil palm is the number one enemy to environment was started by the EU. They did this to protect soya bean oil.

Comparing on a per hectare basis, the oil produced by oil palm is on average 3.5 tonnes whereas that from soya beans is only 0.5 tonnes. When Tommy Thomas was AG Malaysia he did extensive research on this and in Jan this year, Malaysia filed WTO lawsuit against EU.

On open burning, the Directors concerned should be brought to Court and held responsible.

And lastly, what has oil palm got to do with bringing the pandemic to teach us a lesson

Stock

2021-05-11 07:18 | Report Abuse

Kyy already sold his shares in glove counters and he keeps on bashing glove counters. A sore loser? Gloves' heydays might be down from the peak but they are still making money albeit down 20 to 25% from the fantastically higher profits they are raking in. Is there a hidden agenda when Supermax emphasised on this and IBs played along

Stock

2021-05-10 08:09 | Report Abuse

Diversification is fine but looks like Serbadk is spreading itself too thin and shareholders don't see any positive return yet. Price has been stagnant at the rm1.60 level. Went up past rm2 then down to rm1.50+ bec of pp. Then up to rm1.90+ and down again...

Stock

2021-05-07 16:45 | Report Abuse

PP but IB gives good target price. Howver didn't say when target will be achieved. Make your own judgment. Wait till RM2.90 then only collect

Stock

2021-05-07 12:29 | Report Abuse

Best to buy after PP as you cannot predict how low price can go. Looks like the 3 related counters are running out of steam. Karim did mention at the last QR that 2021 will be a challenging year for SCIB

Stock

2021-04-28 15:18 | Report Abuse

@Cheeseburger, Ryanloo9 means exercising the conversion of warrants to entitle for dividend

Stock

2021-04-27 07:06 | Report Abuse

@Calvintaneng

ou tell us to sell Esceramic to buy FGV above. Esceramic is rm0.79 now. Just about 6 weeks or so you had written a blog asking investors to buy Esceramic giving your reasons there. It was priced around rm0.78 then. Now you are using a different reason to justify selling saying that it has given bonus and warrants and has gone up by more than 500%.
This bonus and warrants issue Did Not happen in the 6 weeks but before your blog.

So your call on Esceramics is Buy OR Sell?

Stock

2021-04-26 12:05 | Report Abuse

Hmm. Company propose share buy back? When private placement is in the cards?

Stock

2021-04-18 10:10 | Report Abuse

@ kion11
Yes. Price can go below 20 sen after split.
And price can be pushed up to meet conditions for share split. But i don't think whoever pushes it uo can maintain that price for 3 months. Price might be pushed up a bit for them to throw then it goes down again, I think. It's a big sell if you look at the charts and if you read their latest financial report and with the rights and splitting, it is quite difficult to go high again unless goreng?

Stock

2021-04-17 15:39 | Report Abuse

In nov 2020, Techfast top executives have sold down their stakes and long-serving CEO Jason Yap Yoon Sing has resigned and sold down his equity holding from 16.5% to under 5%.

Stock

2021-04-16 17:50 | Report Abuse

@Titan,

The price must maintain 40 cents before split.
Not become at least 20 cents after split. There is a difference. So easy make money meh? If like that everyone jump in already. But but but maybe will goreng the stock to 40 cents and above to make share split a reality. If company goreng, can they sustain the price for 3 months? What if the share cannot maintain 40 cents for 3 months bef the share split, will the share split proceed? Too many ifs. Better switch to other counters. Latest report. They had much cash but that is bec of PP in November 2020. Now share split and furthermore rights which is similar to PP.

Stock

2021-04-07 22:44 | Report Abuse

@Flybythenite

Yes. Tdm has 4 specialist centers - 2 in Klang, 1 in Kuantan n 1 in Trengganu. It was their healthcare section that suffered losses in the latest QR.

https://www.theedgemarkets.com/article/tdms-unit-kuantan-medical-centre-sued-negligence

Above is one case filed in Kuantan Court. Another 2 were filed in Terengganu Court, both of which were settled recently (1 Tdm won, the other Consent Order entered). I am not aware of the status of the Kuantan case

Stock

2021-04-07 16:24 | Report Abuse

Another litigation matter settled on 5.4.2021. Wonder how many litigation cases for TDM with regard to its healthcare sector? No wonder cannot profit

Stock

2021-03-29 14:33 | Report Abuse

The Plaintiff's claim against TDM has been dismissed with costs

Stock

2021-03-26 12:30 | Report Abuse

The bonus shares will only be reflected in your account on monday

Stock

2021-03-26 10:19 | Report Abuse

This plantation theme news has been circulating for months but the price of most oil palm counters still sleeping. CPO at all time high but company overall still making losses. If price of CPO down, sure kaput. And decision of litigation matter will be out soon. TDM stands for TiDurMati. Wait till covid-19 over also cannot recover

Stock

2021-03-26 10:09 | Report Abuse

Elenor has never substantiated any of her calls to buy with any facts. What was her big news? That Cscenic is selling their shares to Complete at a premium?

I no longer hold shares in this counter. Switched out when I read of the purchase of CScenic which in my opinion is not justified at the price it was purchased and how the price was pumped up to fix the purchase price. Just sharing my views and thoughts

Stock

2021-03-25 16:54 | Report Abuse

Wonder how Cscenic can complement this company that it has to pay a premium to buy their shares. Better run now that the deal with Cscenic is completed and the price will trend lower

Stock

2021-03-25 16:43 | Report Abuse

@ cwc1981 Fishy.

Yes, something not right. Price was pushed up and then sold to Complete Logistics at a premium price. Pumping up of price was to fix selling price. Now that it is over, will drop back

Stock

2021-03-25 15:25 | Report Abuse

I think shareholders here have been taken for a ride. Cscenic price has been jacked up and then sold to complete Logistics at a premium. See how much Cscenic has climbed - it was below Rm1 and then shot up to its present price and bought by Complete. Time to cut loss if you have not done so. So this is the midas touch? For Cscenic, yes but not for this counter

Stock

2021-03-22 11:37 | Report Abuse

Private placement price is RM0.734. Don't think it will drop below RM0.85

Stock

2021-03-19 15:46 | Report Abuse

@tradersampah

Limit down mah. How come Bursa can approve the bonus issue when track record is not good? Luckily I looked at the P&L before deciding not to buy

Stock

2021-03-17 17:15 | Report Abuse

Sifu Calvin, thanks for sharing your information. I have been following your posts for some time. You always give good write up. Welcome back! :)

Stock

2021-03-16 09:08 | Report Abuse

Rm1. 50 already. Congratulations to all that held on. We won!

Stock

2021-03-12 21:02 | Report Abuse

@limitupmeh
now got contract supply 50MW.how much 1WT charge ? but got 30 companies get. average each company get 133M. now pending one more project under Sultan Johor. Lets pray Sultan Johor choose KPOWER. kasi power sikit

The project under Sultan Johor cancelled for time being as did not obtain national funding. Hope it gets to go on in the near future

Stock

2021-03-05 15:29 | Report Abuse

It could be something to do with the solar project in Johor. His Royal Highness the Sultan of Johor announced in his FB post a few days ago that this project will be the biggest in Malaysia. I think Serba Dinamik and Kpower might be involved

Stock

2021-03-05 09:58 | Report Abuse

@ Investorbat
Fyi,Karim no need to buy from u,he bought 9.4mil shares around 1.8++ last year pp,bought from open market around 1mil,sold open market almost 3mil from last july after pp


Agree with you and that price he got was before share split ..

Stock

2021-03-05 09:32 | Report Abuse

@TalkC

Yes. And His Royal Highness Sultan of Johor has posted on this project a few days ago in Facebook

Stock

2021-03-05 08:35 | Report Abuse

The next big solar project is in Johor. My guess is it goes to Serbadk or Kpower

Stock

2021-03-02 16:57 | Report Abuse

@maxtrader, if mother share can touch RM3.00 within the life of the warrant, the warrant can reach RM1.00 or more as the exercise price is only RM1.77 If warrant price doesn't go back to the price you bought, the next resort is if you have the cash, to convert it to mother share by adding RM1.77 but that depends on how much you are willing to pump in and whether at that time it is a wise choice ie if the mother share is not moving

Stock

2021-03-02 14:54 | Report Abuse

@Superpanda, I believed you. That's why till today I am still watching. Thank you

Stock

2021-02-26 22:50 | Report Abuse

Let's hope monday price goes up and stay up, not fizzle out by end of the day like Kpower and Scib - wonderful profits up few hundred percent but price went up and down the same day. All these billion ringgit of contract and earnings could have already been factored in and we might have to wait for next QR before seeing big rise in price

News & Blogs

2021-02-19 17:21 | Report Abuse

Agree with uncle that tech stocks have gone too high and bubble might burst. Happened every Ox year for the past 5 cycles. Fortunes are made and lost. See what Jeremy Grantham has to say. However, gloves also cannot reach back the highs they attained last year

Stock

2021-02-09 14:33 | Report Abuse

@Mabel, for your calculation in case you do not have this info already

From rakuten 12:46 pm. felda acquired 1,721,000 shares at Rm1.30 from open market on 8.2.2021.

Link / message cannot be copied. You can go Rakuten and see the message if you own shares in FGV under Rakuten

Stock

2021-02-08 12:39 | Report Abuse

@ Yu_and_Mee I thought you uninstalled your apps and went for CNY holidays already. Back so soon? Can't keep away from the rocketing price of SCIB ya? New Year angpow here we come!

Stock

2021-02-08 11:43 | Report Abuse

Up up up. Picked up just before it shot. Good luck to everyone and Happy Chinese New Year!

Stock

2021-02-05 21:59 | Report Abuse

Can someone enlighten me pls why millions of shares are being issued around rm1.30 (I forgot the actual price) to raise funds and price can go up to rm1.57? Tq

Stock

2021-02-03 14:47 | Report Abuse

https://www.bernama.com/en/business/news.php?id=1928022

The news just came on an hour ago but the date is 3rd Jan??

Stock

2021-02-03 14:41 | Report Abuse

@Evo118

It's in Bernama news - unable to link over here. I just shared what was written. Why get so heated up? Why should I try to convince you? I am still holding. You are the one making assumptions

Stock

2021-02-03 13:42 | Report Abuse

Federal Land Development Authority (Felda) has acquired all the remaining 461,500 shares of FGV Holdings Bhd (excluding treasury shares) in the open market for RM1.30 per offer share.

In a statement today, Maybank Investment Bank Bhd (Maybank IB), the principal adviser to Felda on its takeover offer for FGV shares, said the shares were purchased on Tuesday.

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2021-02-02 14:48 | Report Abuse

@nice149, the exercise price is RM1.77

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2021-02-01 13:39 | Report Abuse

@ Tracylim,

I am No. 1. I sold all my shares in SCIB. However good a share is, don't fall in love with it. This share has gone from rm2+ (the time I bought before bonus) to a high of Rm3. Multiply that by 4 will be RM12.. Much better than Comfort Gloves which I had also but disposed all. You think it can go higher? If yes,how much? Compared to how much it could retarce? I took profit way before it hit a high of RM3 but I am happy with what I made. This counter brought much profit but it was time to let go. I will wait for retracement before i enter again but if it goes higher, then I say I just made a bad choice. Happy CNY to all investeors and traders and forum contributors!

Stock

2021-01-31 18:41 | Report Abuse

@Amzarb. Basically winbig888 said the following:-

I translated using google as I also do not read mandarin well.

KPOWER and SCIB have reached the tipping point of the crash (2)

Three white candles in front of the grave of the trilogy of death_White candle C matched the day before the holiday to give the media and Facebook’s major sifu one more day of buffer time to advocate that the light rate of this stock has reached an unprecedented high point. There will be many retail investors rushing in on Friday to make aquatic fish

A slow and rhythmic rise is a good thing, but this wave of 1.2 to 3.0 (250% rise in 3 weeks) obviously means that the dealer has no time and must rely on a large rise (white candle A, B, C) to attract Retail admission

What is no time? In order to cooperate with the killer feature of sending Warrant on February 2 to achieve the purpose of shipment

Afterword: The next rise is limited. The stock price dive is foreseeable. It is a reasonable price to pull back to about 1.2 in three months.

The basic situation of KPOWER is similar. Without breaking the previous high of 2.91, the stock price of this stock will soon fall back to around 1.2.

Of course, the stock market has no absolutes. These are just my views on the trend of these two stocks. If you don’t like it, just treat it like I’m blowing water.

Stock

2021-01-31 13:34 | Report Abuse

Read that Felda is going round to meet Felda settlers and persuade them to sell their shares. At this time when it's MCO? And how much can they gather this way