Aminvest have forgotten to mention the unbolted 1 bil which can keep the company going for 2 years.
How bad the people sitting there doing the valuations?

-2.169 mil loss. Sigh

This results are two month ago. Nothing to do with the current. This quarter they already got 2 projects and other projects in progress. Besides I expect a good outcome from ECRL. Prices may sink when opening but ultimately will recover back just as Hsseb. Don’t worry, sleep tight to face another day.

Yes Calvin, thank you. May the Almighty God Bless you.

Thank you Calvin

PETRONAS IS ALSO IN TOP 30 OF PANTECH
As commented by Calvin.
When I checked the annual report 2017, I see no Petronas in the first 30 shareholders.
Mind to explain, Calvin.

Not that fast. 21 mil done yesterday.

So silent. Will the Q out today,?

Whatever be the fundamentals people fart here, still share goes up and guys making money.

Obviously QR is bad. May next QR there will be one of the compensation of 1 bil.

Do something to revive the market. Foreigners are selling, local funds and institutions are selling along them. Where the market is heading??Previously when foreign fund sells, institutions will be buying and vice versa. Market stabilises. Now?? Scratch my head.
Besides and notably the previous week. DJ, China 50,Hong Kong were continuously rising. KLSE was stagnant these days.What has happen?
Cannot find answer. Even last Focus magazine have highlighted the plight and please go and read lah.

May break more than 45 cents this time. A lot of collection at low levels. Sufficient to push higher. The actual play have not started yet. You all know how they play, right?

Good song, Calvin. Thank you

DJ up 443 points, upshare.

Why downtrend now? Hopefully results to be good. Looks like may hit 1.21 again before resuming another big wave. Hope not.

Looks like can move.Quite bullish.

For sure.

https://www.thestar.com.my/business/business-news/2019/02/09/system-upgrade-needed/

https://www.thestar.com.my/business/business-news/2019/02/09/stocks-in-focus/

CNY breakout. Delayed angpow.

Very silent. Eminent for a breakout soon.

Give time for the new government. As what qqq3 says, it has been clogged for 60 years.
They should start touching on the economics firstly by reviving KLSE. I see so far that there are motivation nor stimulation for the market. PH does not come in to shore the market. Market is the pulse or yard stick for every companies performance. By boosting so, the country will be benefitted by the income brought in by the companies, economy boost, bosses can open up more businesses, foreigners or foreign funds will rush in to take position, more taxes can be collected and thus more benefits can be given to Rakyat and then only Rakyat would be satisfied. Should not be taking too much time on B40 and M40. Should stimulate the markets and everything will take its normal course automatically. This is my opinion.

Yes, for a while.

But not for long to come down. News like MCMC denying involvement and DPM disputing script not by here is really signs of a downfall soon.Very risky as far as I understand.

Ha ha Msniaga real fake news. Something very unpleasant.

Trc will be a beneficiary of today’s signing of Lrt3 fixed price contract between Mrcb George Kent JV with Prasarana.

Limit up!!!

High Court upholds MyCC decision on MyEG’s abuse of market position

By Samuel Lim | 2019-01-24 13:12:07
KUALA LUMPUR (Jan 24): The High Court here has upheld the decision by the Malaysia Competition Commission (MyCC) to slap a penalty of RM9.34 million on e-government services provider MY E.G. Services Bhd (MyEG) for abusing its dominant position.

"The Kuala Lumpur High Court had on Jan 22 upheld the decision of MyCC (on June 24, 2016) against MyEG and its wholly-owned subsidiary MYEG Commerce Sdn Bhd for infringing the Competition Act 2010," MyCC said in a statement today.

“This case is a testament to MyCC’s commitment, without fear or favour, to take stern action against abusive monopoly or dominant players in the market. We will continue to support the government in ensuring that the market is free from any harmful or wasteful monopoly,” said its chief executive officer Iskandar Ismail.

MyCC also said in dismissing the judicial review application by MyEG, High Court Judge Datuk Azizah Nawawi agreed with the Competition Appeal Tribunal’s findings on Dec 28, 2017, which had reaffirmed MyCC’s decision, that MyEG had abused its dominant position by imposing different conditions in equivalent transactions in the purchase of mandatory insurances for the renewal of temporary employment permits for foreign workers (PLKS).

The RM9.34 million penalty comprises a financial penalty of RM307,200 and daily penalties from Oct 7, 2015 to Jan 22, 2019 amounting to RM9.03 million.

Additionally, MyEG is still liable for a daily penalty of RM7,500 per day until they comply with the directives imposed by MyCC in its decision.

MyCC’s decision against MyEG and MyEG Commerce was the first infringement decision for abuse of dominance since its establishment in 2012.

Shares of MyEG ended the morning session unchanged at RM1.02 today, with 13.01 million shares done, bringing a market capitalisation of RM3.68 b

Dsonic!!!!!!!!!

The whole Regional market was green throughout the day. KLSE was always red and green last minute adjustment. How do you expect companies to perform?
Or investors to be confident? Everything is screwed by their mouths.

Presbhd hold 70% of Pskin. Therefore the value should be around 55 cents.Correct me if I am wrong, guys.

Company for the project. But the value of the company if paid is equivalent to 75 cents per share.

The current price of Presbhd have already reflected the termination of SKiN. The hype from 26c to current price is due to Director’s buyback, which he sold due to margin squeeze. There CANNOT be a air terjun anymore. Termination confirmation on 19th means compensation of RM770 mil which is equivalent to 75 cents per share.

Yes need to pray a lot. Ha ha ha

Sometimes it is good that the news on SKIN came out. Since it is known and made public, they would be scared now to award to another company .

43.5 can reach today.

42c walloped

Sooner KWAp shall cease to be substantial shareholder. Now they got only 5.6%

Probability of a good news are the following:
1. Reinstatement with a discounted price agreed by both parties.
2. Termination with compensation based on CA, CIMB evaluated compensation RM 770 which works out 75 cents per share.
3. Postpostment beyond 19th Jan 2019.
All the above 3 possibilities are good news.

Just refreshing the records for those who are new in this forum.

Forummers, pls come out with anymore possible news.
Hope ttstay’s news will be final and expecting a good one to save us.

Kwap disposed 3,000,000 shares on 9th Jan. Still they hold 7.197%

Index turned green. Hopefully some momentum in pres

You are welcome. Thanks also for recommending this stock. Can see some life here.

Thanks ttstay, have the same feeling. Your no.3 suggestion may come true, I hope the best.

Before closing I placed an order for 60 lots at 42.5 cents and got it at 42c. A minutes earlier my friend placed an order at 43cents and got it at 42cents too.
Rather than saying selling, we must also think who has bought it perfectly at exactly 42 cents.

I am optimistic to see an announcement soon on this transactions.

Director will be the director though he let go his stake due to margin squeeze. Management strongly supports him. Hook or crook, he will pick up his stake anytime or time to come.

Yesterday’s transaction, I believe some one has picked up at 42cents, strangely happened to market order.
As far as I have noted, it is not a pump and dump issue.

Could be the director buying or selling?

Market order at 42 c. Some one selling someone buying

Aiyo my roti canai is gone. Tinggal teh tarik sahaja.

Financial condition is bad. However can go for teh tarik and roti chanai. Save money for Bro ttstay’s next recommendation stock.

Welcome Humble Boy.