pslkft

pslkft | Joined since 2013-11-30

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Stock

2014-01-14 17:45 | Report Abuse

Octagon has the same fate with delist appeal accepted on 23/dec and given the same extension until feb28 to get regularization plan approved by authorities. Their fate are like abang adik

Stock

2014-01-14 10:10 | Report Abuse

At the end, as long patimas re-listing back, you shall have party oredi regardless how many months you need to wait.

Stock

2014-01-14 10:06 | Report Abuse

Think below scenario:

1) if bursa allow feb28 trading, since 10:1 consolidation in regularization yet executed, the open trading will start from last closed price rm0.01. Say after months of trading the price reached rm0.30 (assumption only ok) and 10:1 is executed, 1000 share at rm0.30 will become 100 shares at rm3.00. Wow... Sound incredible if bursa allow trading at feb28 then this rm0.30 adjustment to rm3 happen

2) if bursa allow trading only after regularisation and share consolidation executed, the open trading price will be rm0.10 instead of rm0.01 with your number of share reduce 10:1, this sound more making sense without price adjustment due to consolidation,but this also means we have to wait extra more more months before trading can start

Anybody remember bursa history of similar case can throw some lights?

Stock

2014-01-13 10:04 | Report Abuse

last week big collection, today another big collection....volumn shot up! good...wait the bullets to fire soon...

Stock

2014-01-13 09:22 | Report Abuse

Share buy back since Nov/2013. The last annoucement was last Friday, bought back 770500 shares, appetite is getting bigger and bigger? What is going on....

Stock

2014-01-10 22:31 | Report Abuse

I expect revenue to ballon into its accounting book when those projects revenue (like Fennel, Capers etc) started entering more and more into its accounting book as per work in progress...
Finger cross to see its 2nd quater result coming Feb soon :)

Stock

2014-01-10 20:33 | Report Abuse

The regularisation plan is good from aspects:
1) Strong support by foreign investor CPE to undertaking all issue share, creating confidence for strategic investor and debtor alike to invest
2) Debtor although only paid 30% as settlement share value at rm0.10 (or equivalent value rm0.01 now before consolidation exercises), plus entitlement of equal quantity of right issue and warrant at NO extra cost, these can potiatially turn out more than value Patimas able to pay debtor if after relisting price jump from rm0.10, if I am debtor, I will be happy to compromise on this arrangement rather than gets pay lesser (or may get nothing since the debt are unsecured!) if force patimas regularisation plan failed
3) the issue share collect proceeds also consider capital expenditure to increase data center capacity, cloud deployment, working capital etc

Anything else?

Not sure if this will good enough for approver authorities.

Stock

2014-01-10 11:09 | Report Abuse

Time to go in after few thousands impatient lots exit last and this weeks?...today volume seems to going to very low :) buy when other people lost interest or sell impatiently
This counter is not for those who want short terms gain becoz u never know how long to wait until being goreng, this counter is for those who have holding power and highly patient investor.
Maybe as ampabella suggested it is going to move soon, once it is move, it can be easily goreng up due to its relatively low volumn

Stock

2014-01-08 22:11 | Report Abuse

Doesn't seem to moving down much as expected, is that means downtrend has bottomed???

Stock

2014-01-07 17:03 | Report Abuse

people who wish to see Patimas to fail:
1) those sold Patimas but with some regret shall have hold longer instead
2) those who hesitated to buy but athen missed the chance to buy at rm0.01 last closing price
3) those who prevalently hate Patimas due to passed bad experiences, the karma keep haunting back bad memory, wishing other people to experience same misery as its own

Stock

2014-01-06 09:04 | Report Abuse

as per last Friday, why EPF continue to sell sell sell....? Is EPF going to exit Airasia just like it exit MAS completely???

Stock

2014-01-04 09:50 | Report Abuse

RHB analysis direct us to wrong direction, just take the opposite of their recommendation, we can make lots $$$....hahaha

Stock

2014-01-03 10:26 | Report Abuse

Finalizing could mean initial discussion with creditor, strategic investor or bursa is on before the plan is submitted. This show progress is on and further announcement could be soon followed.

Stock

2013-12-24 21:09 | Report Abuse

Looks like the plan is the same as previously published, probably PATIMAS can only now formally submitting regularisation plan after appeal accepted, definitely earlier the better without waiting until deadline 28/2/2014.
The plan has already known 3 weeks earlier and most probably already being considered before appeal accepted, hence bursa announcement on accepting this plan could be much earlier than the deadline. Finger crossed...

Stock

2013-12-24 09:32 | Report Abuse

Accepting appeal is already high hope for PATIMAS, let's wait patiently for further announcement :)

Stock

2013-12-23 22:58 | Report Abuse

Quoted from theedgemalaysia:

"This means that this PN17 company will not face suspension and/or delisting until 28 Feb"

Stock

2013-12-23 22:50 | Report Abuse

...,decided to allow PCB’s appeal and granted an extension of time until 28 February 2013...

The announcement has obvious mistake on extension date. It shall be 28 February 2014 not 2013. Same mistake was quoted by theedgemalaysia:
http://www.theedgemalaysia.com/business-news/268701-stocks-to-watch-keuro-gamuda-kanger-bumi-armada-hibiscus-and-patimas.html

Stock

2013-12-23 20:36 | Report Abuse

M&A Securities Sdn Bhd, on behalf of the Board of Directors of PCB, is pleased to inform that Bursa Securities had vide its letter dated 23 December 2013, decided to allow PCB’s appeal and granted an extension of time until 28 February 2013, to submit its regularisation plan to the relevant authorities for approval (“Extended Timeframe”).

Stock

2013-12-23 20:30 | Report Abuse

Hopeful tomoro counter unsuspend and active back :)

Check out bursa annoucement.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1499989

Stock

2013-12-16 12:18 | Report Abuse

Of course QQ then will expand its data center here. Think China will prefer malaysia among SEA due to multilinguage advantage

Stock

2013-12-16 12:14 | Report Abuse

With only 20 millions under regularisation plan, CPE undertake to subscribe all new "issue share" which comes with 1:1 right issue and another 1:1 warrant entitlement at no extra cost.

Stock

2013-12-16 12:10 | Report Abuse

QQ at the back of CPE, will use cheap PATIMAS to expand its footprint to SEA

Stock

2013-12-04 18:15 | Report Abuse

10:1 is part of regularisation to consolidate Patimas share from 10 shares of RM0.01 to 1 shares of RM0.10. In terms of RM value, it make no different.
But I prefer it to stay at RM0.01 because price going up from RM0.01 to RM0.02 is definitely pyschcologically easier than going up from RM0.10 to RM0.20.

Stock

2013-12-04 09:28 | Report Abuse

Investing this high risk stock shall always expect the WOSRT, if no delist is bonus, if delist I also don care. :) let the egg hatch in the basket, who know how fate will turn??? Patient my friend

Stock

2013-12-03 13:16 | Report Abuse

This counter status now back to SUSPENDED.

Stock

2013-12-03 10:51 | Report Abuse

Still can't put into queue. As long no official bursa announcement , nothing is confirmed. Good or bad, patient.

Stock

2013-12-03 10:10 | Report Abuse

If counter suspended, you can't even send order. Today I tried sell at upper limit 0.31 :) :) , order can sent successfully but queue status failed!

Stock

2013-12-03 09:41 | Report Abuse

Counter changed to ACTIVE status, try put ur bid to queue

Stock

2013-12-02 22:24 | Report Abuse

Note that your number of share will be reduced on consolidation proposed10:1 ratio with value from RM0.01 to RM0.10.
If you have 10000 shares initially at closed price RM0.01/share, it will become 1000 shares at RM0.10/share. Hence, total value remain the same

Correct me if I wrong.

Stock

2013-12-02 22:18 | Report Abuse

Check latest update today 2 December 2013 on Regularization Plan
http://www.patimas.com/bursa-announcement

In addition to proposed reduction of share capital and consolidation, Sound like there is good support from CPE:

Upon completion of the Proposed Capital Reduction and Consolidation and the Proposed Share Premium Reduction, PCB proposes to undertake a restricted issue of 200,000,000 new PCB Shares (“Issue Shares”) to strategic investors to be identified at an issue price of RM0.10 per PCB Share (“Proposed Restricted Issue”).
CPE Growth Capital Limited (“CPE”), the substantial shareholder of PCB has given their irrevocable undertaking to subscribe for the entire restricted issue of up to 200,000,000 Issue Shares (“Issue Shares Undertaking”). As such, in the event that the Company is not able to secure the strategic investors to subscribe for the Issue Shares, CPE shall subscribe to the Issue Shares in full.

Stock

2013-11-30 21:40 | Report Abuse

Think here is not right place to discuss investment basic, pls discuss it at other place. We here are only interested with patimas news. Yowtp or others, please keep us posted any (good) news... :)

Stock

2013-11-30 21:05 | Report Abuse

Agreed 99. If scare lose money, you are already in the wrong market at first place, don blame others. Bank deposit is the place for you not here.

Stock

2013-11-30 17:35 | Report Abuse

Nobody shall be blamed, investment always involved risk, you are supposed to make decision and be accountable to your own decision. It is unfair to claim loss from person who provide unverified information, as you also don't share your profit if the information turned to be true, nobody force you to believe unverified information.