Yes.. share the contents of your complaint to mswg here?
Btw where is unlimited seller? has your role been reduced to gatekeeper with no fangs by Boss?

Just wondering aloud, why so many Machais active 2day & yet price still can't reach 15 sens?

You hoo....Unlimited Seller! where are U???? Still waiting for cheap sales @15 sens!

Neck long already..waiting to Sailang again @ 15 sens! :(

Is that a warning from the self-proclaimed Minority on behalf of VT?

kahhoeng Eric Lim, VT has shown you what he can do already, JUST WON'T MAKE ANY OFFER TO MINORITIES EXCEPT BUDDY WHILE PRICE KEEPS FALLING and FORGET ABOUT DIVIDEND!

Looks like someone is collecting on behalf of VT from weak holders? Anyway many are also waiting to sailang at 15 sens!

Sit tight! Just enjoy the ride! Boss is always right!

Must have been sacked by the Boss?

Another RM10k capital gain here also good enough for me!

Everyday at least RM10k capital gain is good enough for me..better than FD!

Looks like small boys building sand castles? while big boy is meeting Prince Albert in Monaco for Casino Franchise/Collaboration in line with Icelandair hotel group acquisition?

Just bring it on! See who has the last laugh!

Try Ms Latheefa Koya @ MACC... get the Sidekicks/Dealers/Directors first then see what's the tune the next time!

Bull_crap Artist!

Since zero trust u should sell ALL and not hang around wasting people's time anymore. Tq

Better sell WCT high before domino effect from Malton's fall?

https://www.thetruenet.com/debunked/who-is-the-tan-sri-owner-of-the-condo-unit-where-luxur/

That's right...run if already made profits...as DSAI only PM designate in 2 years time...Tun M is the Boss right now :)

If history repeats KNM will buyback two 100 lots in 2018 and that's it!

https://klse.i3investor.com/servlets/stk/annshrtxn/7164.jsp

Btw The Dow futures index plummeted shortly after President Trump’s announcement about levying $100 billion in additional tariffs on China.

More losses coming soon?

Nylex sells logistics subsidiary as Nylex said it "does not foresee high returns to be contributed by NYL to the group".
http://www.theedgemarkets.com/article/nylex-sells-logistics-subsidiary-rm144m

Let's hope the Market will treat KNM kindly 2moro?

Some reasons as highlighted below?

Anyway can always confirm the news for financial year ended 31 Dec. 2017 which will be reported for by February 2018.

The issue is the company has been making losses from Qtr. 1 - 2 with a small profit of only RM107k for Qtr. 3.

Once the tax of 406k is paid, The company will be making a big loss for Financial Year Ended 31 Dec. 2017...sell while still got any gains...

Financial Year 31 Dec. 2017 (Qtr. 4)
Revenue Net Profit (RM)
Qtr. 3 30-Nov-2017 30-Sep-2017 17,506,000 107,000
Qtr. 2 25-Aug-2017 30-Jun-2017 23,340,000 -621,000
Qtr. 1 26-May-2017 31-Mar-2017 14,824,000 -258,000
https://klse.i3investor.com/servlets/stk/annqtyres/0174.jsp

A wise choice..as Sanichi's Auditors has also resigned due disagreement on the "creative accounting?" and the Rights Issues has been pending since October 2017!

8 sens is just a matter of time...

RisingStar Sold and run.

* The Board of Directors (“the Board”) of Sanichi Technology Berhad (“Sanichi”) wishes to announce that the Company has on 20 December 2017, received the notice in writing given pursuant to Section 281 of the Companies Act 2016 from Messrs. Cheng & Co (“C&C”) on their resignation as Auditors of the Company with effect from 18 December 2017.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5643913

* On behalf of the Board of Directors of Sanichi, Mercury Securities Sdn Bhd wishes to announce that the Company proposes to undertake the proposed renounceable rights issue of up to 990,585,448 new ordinary shares in Sanichi (“Sanichi Shares” or “Shares") (“Rights Shares”) together with up to 495,292,724 free detachable warrants in Sanichi (“Warrants E”) on the basis of 2 Rights Shares together with 1 free Warrant E for every 1 existing Sanichi Share held by entitled shareholders of Sanichi on an entitlement date to be determined later (“Proposed Rights Issue With Warrants”)

Please refer to the attached document for further details on the Proposed Rights Issue with Warrants.

This announcement is dated 9 October 2017.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5567709

The biggest shark is Dato Seri...just when you thought it's safe to come out...he will pull the carpet from under you and bite hard with the rights issue to add salt to your wounds...

es!... The Rights issue is still valid and in progress to be completed by first quarter 2018. Once the rights issue is completed and you have parted with your money...the operators will withdraw their support and it may plunge back to 8.5 sens again like the last 2 times, since...

"Since RM has strengthened...Since Sanichi's mould & die business is mainly for export...it may make even more foreign exchange losses for the coming quarter...

"Sanichi makes cash call to raise up to RM99mil

The proposed rights issue with warrants is expected to be completed by the first quarter of 2018.

For the 12-month period to June 30, 2017, the company posted a net loss of RM3.42mil compared with a net profit of RM3.78mil in the previous corresponding period. In August, Sanichi changed its financial year end from June 30 to Dec 31. "

Since RM has appreciated...Sanichi may make even more foreign exchange losses for the coming quarter...

"Sanichi makes cash call to raise up to RM99mil

The proposed rights issue with warrants is expected to be completed by the first quarter of 2018.

For the 12-month period to June 30, 2017, the company posted a net loss of RM3.42mil compared with a net profit of RM3.78mil in the previous corresponding period. In August, Sanichi changed its financial year end from June 30 to Dec 31. "
https://www.thestar.com.my/business/business-news/2017/10/10/sanichi-makes-cash-call-to-raise-up-to-rm99mil-for-property-ventures/

Already making so little money already...Now slapped with RM406,019 in income tax and penalty by Inland Revenue Board (IRB)! 5 sens coming soon?

The Edge Financial Daily, on January 10, 2018.
KUALA LUMPUR: The Inland Revenue Board (IRB) has asked IDimension Consolidated Bhd to pay an additional RM406,019 in income tax and penalty.

In a filing with Bursa Malaysia, IDimension said its wholly-owned subsidiary IDB Interactive Sdn Bhd received via an email a notice of additional assessment for 2013 and 2014. This involved an additional income tax of RM280,013 and a 45% penalty of RM126,006.

This is even not considering more additional income tax and penalties from 2015 to 2017 yet?

http://www.theedgemarkets.com/article/extra-irb-tax-bill-idimension

And soon it's time for Dato' Seri to announce the rights issue...

Soft Reminder...
Just remember the 'Sword of Damocles' from the impending rights issue @10 sens is long overdue to be announced anytime now to trap the gullibles!

The only problem is that KNM is no longer a pure O&G player but more of a renewable energy player with long gestation period for most of its green projects in Thailand and UK.. so can only watch from the sidelines as crude price up or down also no effect on its immediate bottomline...tp is still intact at 22 sens trending downwards...

"We have KNM with a revised target price of RM0.22 per share. Our revised valuation is based on EPS18 of 1.3sen pegged to PER18 multiple of 17x (previously 15x). Our target PER is derived from a 0.25-standard deviation discount to KNM’s 5-year historical average PER. Despite this, the larger operating environment remains challenging in all of its key operating markets with low jobs orders, low activity levels and uncertain earnings visibility."

Source: MIDF Research - 27 Nov 2017

Manipulated stocks is currently not in vogue...Dato Seri should play balls from right hand to left hand until the pending rights issue is settled first!

Oil down..rm up..forex losses as loans in USD? outstanding court cases...high debts..cash flow issues etc. etc.. Diagnosis...bad!!!!

tp 22 sens coming soon.. as bursa approaches 1,710 points?

"We have KNM with a revised target price of RM0.22 per share. Our revised valuation is based on EPS18 of 1.3sen pegged to PER18 multiple of 17x (previously 15x). Our target PER is derived from a 0.25-standard deviation discount to KNM’s 5-year historical average PER. Despite this, the larger operating environment remains challenging in all of its key operating markets with low jobs orders, low activity levels and uncertain earnings visibility."

Source: MIDF Research - 27 Nov 2017

Something's not right? Why delay in release of Qtr. results? Last year was 23 Nov. and year before 24 Nov. Today already 27 Nov..still not out???

“If you can fight, fight;
if you cannot fight, defend;
if you cannot defend, flee;
if you cannot flee, surrender;
if you cannot surrender, die”.

It takes 2 to Tango...so let's see how low can you go?

Taking a quote from Sima Yi from the saga of The Three Kingdoms. You have a choice..
“If you can fight, fight;
if you cannot fight, defend;
if you cannot defend, flee;
if you cannot flee, surrender;
if you cannot surrender, die”.

It maybe a trap!..but looking at current market situation.. take it as an opportunity to cut loss now..before the sharks eat you alive!

We shared the same thoughts last time and based on Sanichi's impressive paper value, invested in nearly 1,000,000 units @10 sens (RM100K) just after the 4:1 shares consolidation and 2:1 rights issue in 2016...Nothing could be safer and wrong right?

Wrong! What happened was, Dato Seri pulled the rug from under our very feet by suddently declaring another 3:1 share consolidation in 2017..Our 1 Million units suddently became 333,333 units overnight and if we have not cut loss... the 333,333 units at current market price of 10 sens will be worth only RM33,333, a staggering loss of RM66,667! (66.67%)

History repeats and Dato Seri just announced another Rights issue at 10 sen per share..and here we go around again.."One Bitten Twice Shy".."Twice Bitten Thrice Shuey"

Taking a quote from Sima Yi from the saga of The Three Kingdoms. You have a choice..
“If you can fight, fight;
if you cannot fight, defend;
if you cannot defend, flee; if you cannot flee, surrender;
if you cannot surrender, die”.

So what is your choice given the current situation, if you are caught in Dato Seri's Trap?

Nothing great to shout about, qtr. ended 30/9 profit maybe RM1.44 million but cumulative total comprehensive loss from all qtrs ended 30/9 is (RM9.263 million!) , refer page 1 of report below:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5614997

Nice try...first they trap you and then hit you with the Rights issue at RM0.10 anytime now?

It shows the type of management you are dealing with...if they really hide some profits as a game...

Anyway only 838,895 shares bought at RM0.105, giving a chance for those who subscribed to ESOS of 20 million shares @RM0.101 a lifeline. There's still 19.161 million shares waiting to be sold...then there is the Rights issue at 10 sens each to consider again

* New ESOS of 20 million shares issued at RM0.101 per share on 15 November
http://www.bursamalaysia.com/market/listed-companies/company-announcem...
* Rights issue at RM0.10 per share to be implemented anytime now?

More promoters coming out? Frankly I don't see any benefits to existing shareholders if the chicken Biz is taken private nor is there any synergy in property biz for Doh Family? The only immediate benefits will be Ah Long & Associates...since the subscription price is 2.1 sens vs current selling price of 3 to 3.5 sens...

It's not worth the stress...only 2 stocks that made me lose money this year..one is Sanichi the other is KNM...

Massive rights issue & proposed four-to-one consolidation!

Sounds Familiar Right?

Despite taking a different tack, the proposed MELL acquisition, like the February proposals, entails a massive rights issue that presents a tough choice for other Sumatec shareholders — fork out more money or face potentially significant dilution.

The RM1.52 billion rights issue will offer entitled shareholders the right to subscribe for 15 new shares for every two shares held after the four-to-one share consolidation. To sweeten the deal, subscribing shareholders will get six free warrants and two free shares for every 15 rights shares subscribed for.

A full subscription may see up to 7.61 billion rights shares issued. In contrast, Sumatec’s share base stood at 4.06 billion prior to the proposed four-to-one consolidation.
http://www.klsescreener.com/v2/news/view/306831

Don't hope too much.. due to following factors

"The Group accounted for the construction and development of the Klebang Marina Point property
development in accordance with MFRS 111 and MFRS 118, whereby Revenues from the sale
of units can only be recognized once the unit is sold and handed over to the buyer."
http://www.malaysiastock.biz/GetReport.aspx?file=2017/8/30/0133%20-%201717150283451.pdf&name=Sanichi%20Technology%20Berhad%20-%2030%20June%202017.pdf
Implications:
* There will be no revenue or profits from property development until after June 2020 when Marina Point is estimated to be completed, the unit is sold and handed over to the buyer i.e. anticipated profits only to be recognised by end 2020 (in 3 years time) in the meantime, Sanichi will have to depend on its mould making business to survive.
* Property market is slowly down and may slow even further when the Marina Project is completed.
* Sanichi mould making business is export oriented, since Ringgit is appreciating as Malaysia GDP growth is 6.2%, there will be more losses from foreign currency exchange
* Sanichi next quarter results which is expected not to be favourable due to the above reasons will announced next week i.e 24 November?
* New ESOS of 20 million shares issued at RM0.101 per share on 15 November
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5603537
* Rights issue at RM0.10 per share to be implemented anytime now?

After the RM99 million rights issue, next year followed by another round of share consolidation?
btw Bursa now at 1,727.85 points as 1730 support level already broken!

What's the point... when Marina Point will only complete in June 2020...2.6 years from now? In the meantime there is no income whatsover from property development except for the costs...how to tahan...that's why the need for more rights issue for property development again...atm Bursa is down to 1,731.26 points this morning and may be broken anytime...guess wthat will be Sanichi's price then? 9 sens...8 sens or even 7 sens? Sell before its too late...

Bursa today only 1,738 points as support at 1,740 already broken. Since Dato Seri is not willing to throw a few millions for share buyback asap to prop up the price and keep the minority shareholders happy.

Dato Seri is probably reserving his RM10 million to pay for the rights an excess shares to raise his direct shareholding from 3.49% to 27.84 at the expense of the minority shareholders during the coming rights issue?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5567709

Sadly the reverse is going to happen this time...since Dato Seri's prime interest for the coming rights issue is to increase his direct shareholding from 3.49% to 27.84 at the expense of the minority shareholders.

Since Dato Seri has already assumed most of the entitled minority shareholders would not subscribe for the rights shares at RM0.10 each...Dato Seri may press the share price lower than 10 sens to make it successful. After all... personal interest outweights shareholders' interest. See the support at 11 sens already very shaky today ...it wiil be breached very soon..

Don't be too sure...you don't know what Dato Seri has in mind yet...but what we know as stated in the NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING SANICHI TECHNOLOGY BERHAD ("SANICHI" OR THE "COMPANY") PROPOSED RIGHTS ISSUE WITH WARRANTS document dated 09 Oct 2017, Dato's next project for the coming rights issue is to increase his direct shareholding from 3.49% to 27.84 at the expense of the minority shareholders. Since Dato Seri has already assumed most of the entitled minority shareholders would not subscribe for the rights shares at RM0.10 each. Who will part with their hard earned cash just to see...the share price goes down in front of their very eyes just to satisfy Dato Seri's whims and fancies?

Refer Link (extract of page 5 of Sanichi Rights Issue Document)
http://oi65.tinypic.com/2pte2c5.jpg

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5567709

Once bitten twice shy...twice bitten not only thrice shy but nude!...there is no income from property development since the next target date for completion of Marina Point is now mid 2020...the money from the coming rights issue is for property development again...since there is no sign of income from money from the rights issue in 2016...what makes you think there will be income generated from the forthcoming rights issue?

According to past Sanichi's track record, the share price will on temporary stabilised around 8 to 8.5 sens...unless Dato Seri willing to do a Tan Sri...proof it by throwing a few millions for share buyback asap...

Sell now before it's too late! Support at RM0.11 very weak, soon it will be RM0.105 and then RM0.10 so on...and you will be forced to subscribe for the RM99 million rights shares at RM0.10 each within 2 weeks once it is announced...to add salt to your wounds...

The only time it briefly hits 20 sens recently was May 16 2016 and Aug 28 2017, that is immediately after the share consolidation exercise...after that it's downhill all the way...the only syndicate is the Dato's Seri gang...Dato's next project for the coming rights issue is to increase his direct shareholding from 3.49% to 27.84 at the expense of the minority shareholders (refer pg. 5 of SANICHI TECHNOLOGY BERHAD (“SANICHI” OR THE “COMPANY”)
PROPOSED RIGHTS ISSUE WITH WARRANTS)

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5567709