Joyce, info for you.

Thanks James for your reply.

K-ONE TECHNOLOGY BERHAD

Kindly be advised that the abovementioned Company's 182,234,783 new warrants issued pursuant to the Free Warrants Issue will be admitted to the Official List of Bursa Securities and the listing and quotation of these Warrants on the ACE Market, will be granted with effect from 9.00 a.m., Tuesday, 8 January 2019.



The Stock Short Name, Stock Number and ISIN Code of the Warrants are “K1-WC”, “0111WC” and " MYQ0111WCVC1." respectively.

I am not holding PUC, but need to share this news to you guys for info.

PUC minorities should not be shortchanged
When ACE Market-listed PUC Bhd revealed that it has proposed to buy the remaining 67% stake in Pictureworks Holdings Sdn Bhd for RM167.5 mil, many were surprised with the higher price tag compared with the 33% stake it acquired six months ago.
PUC bought the 33% stake in the imaging services company for RM52.8 mil, or RM8.69 per share, via shares and cash. If going by the same purchase price for the 33% stake, PUC should fork out only RM107.2 mil for the remaining stake in Pictureworks. This works out to be 56% higher than what it paid for the same company just six months ago!
Interestingly, PUC is taking over Pictureworks from several vendors including its group managing director and CEO Cheong Chia Chou, who is a major shareholder of both PUC and Pictureworks.
What has changed in the short period to warrant a much higher valuation for Pictureworks? Granted that the deal comes with a profit guarantee of RM25 mil and RM28 mil for the financial years ending Dec 31, 2019 and Dec 31, 2020 respectively. But is the profit guarantee structured in a fair manner to PUC’s minority shareholders?
The purchase price represents a price-to-earnings (PE) multiple of about 9.43 times forward earnings based on the average profit guarantee of RM26.50 mil. In the event of a shortfall in profit, PUC will be paid the differential amount. Is this fair?
Instead, if Pictureworks fails to meet the profit guarantee amount, the purchase price for Pictureworks should be adjusted accordingly.
For instance, if Pictureworks only managed to record a profit of RM20 mil in FY19 and RM23 mil in FY20, then the company should compensate PUC RM47.15 mil (RM5 mil in average profit shortfall for two FYs based on a PE of 9.43 times) instead of just RM5 mil for the profit shortfall.
Another concern is the cashflow position of PUC as it still needs to fork out a substantial amount in cash. As of Sept 30, 2018, its cash and bank balances stood at RM4.23 mil. For the 33% stake, PUC had to pay RM32 mil in cash on a staggered basis. Minorities should not have to fork out money again for a possible cash call for the deal.
Pictureworks may provide the much-needed boost for PUC but minorities should not end up with the short end of the stick. FocusM

So many MOU earlier had been terminated, what about this?

Hi Jameslee, where did you get the warrant price?

Now down 630 pts

Tmrow T3 will be bad.stuck at 375

KUALA LUMPUR (Dec 31): Vizione Holdings Bhd has bagged a RM377.6 million contract from Permata Rebana Sdn Bhd to supply materials, labour and project management services relating to road works in Kota Kinabalu, Sabah.

Visions awarded RM 378million road related job in Sabah

It’s ok lah Nich. Cari makan not easy now.
Btw, I hope ttstay’s prediction may come chun chun I the coming year. All of us will be favoured and benefitted.
Wishing ttstay and all loyal friends here A very successful and prosperous year 2019. Ttstay’s mercy is awaited and thank you for putting some money in our pockets this year.

Thanks ttstay. Pls include my email add in your list.
rnnath@gmail.com After a spell of continuous losses, I see some green in Presbhd. Thank you ttstay.

Now I feel my hope to recover all losses in the past months is you ttstay. Pls email to me too. rnnath@gmail.com Thanks a lot.

Aiyo, mando don’t say like that.

Pls jot my name too, dear ttstay

54.70

Oil hit 58 per barrel, Dow doing well but all depends on the Fed policy meeting at 2 am.

Bloomberg) -- OPEC, Russia and other oil producers will continue to trim production next year to balance the market, according to Saudi Arabian Energy Minister Khalid Al-Falih.

“We will meet in April and I’m certain that we will extend it,” Al-Falih told reporters in Riyadh, referring to the next meeting of OPEC members to discuss whether to extend the December agreement to reduce output. “We need more time to achieve the result.”

Tmrow see the show

Dagang NeXchange Bhd’s (DNeX) management said its 30%-owned Ping Petroleum Ltd will continue enhancing production at the Anasuria cluster, off the North Sea in the UK, by strategically increasing the number of wells. The productivity enhancement initiatives will focus on existing producing fields — the Guillemot, Teal, Teal South and Cook. Ping Petroleum aims to boost production at Anasuria by about 15% next year.

However, management noted that no lifting will be performed at Anasuria in the fourth quarter of financial year 2018 (4QFY18), leaving total FY18 lifting at four times against an earlier guidance of five liftings. We understand that 4QFY18 lifting will be delayed until January 2019. Consequently, five liftings are anticipated in FY19. That said, its Avalon field is expecting first oil in mid-2019, while production facilities will be completed in mid-2020.

IBs will really re-rate Hibiscus at 1.20 from 1.70. This is what will happen. Well played.

A punishment and a lesson for long term investors in red indian companies.

Q

Penny counters also trying their best to sustain the current onslaught of the market. Why this bastard is not buying back? Trying to kill all.

Boss ini tak payah jual minyak. Boleh jual lubricant k wai.

Where the f@ck is share buy back? Which indicates this pariah bald head is a real con man. Cannot trust red indian companies lah.

This red indian pariah has syndicate connection. Son of a bitch.

Bastard have planned to kill everyone. Where is company buy back to shore if it is worth 1.70????

100 million profit company??? Real pariah boss. Terrible red indian con man.

Kenneth real con man. Red indian as@hole

US oil surge makes Bank of Russia skeptical on Opec success

WASHINGTON: Russia’s central bank is not convinced that Opec and its allies’ supply cuts can revive the oil market as it’s being countered by surging U.S. production.

The Bank of Russia cut its crude price outlook for next year to $55 a barrel from $63 on higher supply risks, mainly related to “fast output increase” in America, according to Governor Elvira Nabiullina. Just a week ago the country’s Energy Minister Alexander Novak brokered a deal that led to the so-called Opec group agreeing to cut production by 1.2 million barrels a day in an effort to boost prices.

Crude remains stuck in a bear market, trading around $60 a barrel in London, despite the larger-than-expected output reduction. While most, including the International Energy Agency, expect the curbs to reduce global stockpiles in the first half of 2019, resultant higher prices could help American drillers boost production. Legendary oil trader Andy Hall said the U.S. shale boom has made it far harder to predict global supplies.
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“The Opec deal allows to limit these risks, but doesn’t remove them,” Nabiullina said at a news conference on Friday. “Events of this year clearly show how fast producers can increase shale-oil production when prices remain high.”

Opec kept 2019 forecasts for global oil supply and demand mostly unchanged in its most recent monthly report this week. However, it said production from outside the group, powered by U.S. shale drillers, is poised to expand 2.16 million barrels a day next year, faster than the 1.29 million a day increase in demand, the report showed.

U.S. oil production is expected to top 12 million barrels a day next year, up from 10.88 million in 2018, according to the Energy Information Administration.

Though the Bank of Russia is traditionally cautious in its outlook, it cited crude market risks as a key factor in raising the benchmark interest rate for the second time this year on Friday. Besides shale output exceeding “expectations of many,” softening global demand is also a concern, Nabiullina said.

“We see risks of oil-price reduction related to demand and supply factors,” she said. “We see how outlooks for global economic growth are gradually being revised down.” - Bloomberg

Private placement coming. Placement to private party at RM 0.50 cents. To be placed at 9% discount or RM 0.05 cents means the share price has to do around RM 0.55 cents for 5 days weighted average.

You like to smell everyone’s butts.

Brent is dropping. Dow Jones Futures are dropping too.

Well said Paktua, all the best in your next undertaking in Hibi.

When it crosses 30 sens, I will give you a call, bro.

I am sorry, I don’t your fundamentals. But my fundamental is it is crossing 30 sen, to be precise,mother share.

In addition, the Company has resolved to fix the exercise price of the Warrants at RM0.3000 each, representing a premium of RM0.0541 or 22.00% to the theoretical ex-bonus price of K-One Tech Shares of RM0.2459, calculated based on the 5D-VWAP up to and including 10 December 2018 (being the last trading date immediately preceding the price fixing date) of RM0.2951.

Got to push atleast above 30 sen. Conversion price warrant 30 sen

A Big Thank You, Scalp3r

All this are only happening so bad in this Dotard’s reign. None of the other presidents were this mean and fetish.

Goo, Brent is catching up

Do you want to know who is this man? Please refer to your dictionary to find the meaning of ‘idiot’ and there you will find his hand first.

Yesterday during the funeral service of the late President George HW Bush, the people who spoke of him hailed him for many good things he has done and one exceptionally caught my attention was that he was the man who brought down the Berlin Wall.
What shocked me was one man brought down the wall was hailed and one silly man want to erect a wall along Mexico border. What a contrast!!!! and the whole world have to face this idiot.

The OPEC meeting is a 3 days issue. Of course we would not know anything on the first day. However a Joint ministers meeting would be at around 1 pm Austrian time, around 8 pm Malaysian time in which Russian energy minister will meet Saudi minister to discuss any oil cut, which may give us a clue.

I find all ways to use it to translate, but could not.

Sooner his own people will suck him down. Everybody coming to know his evil and fetish intentions. He is akin to Redford in Winter Soldier.
US investors showed thro market reaction last nite, that he cannot be trusted. Everyone is waiting January when Democrats take over the house.

Simple logic. When Dow drops, Brent drops too. Understand that when economy goes down, there is not much of activity and hence no demand for oil.

700 points down. Die loh. Even US don’t want trust Trump’s trade truce. Bloody bastard con man.