morning for seller afternoon for buyer....lol

AAX is cooking now better act now.......

Posed by SavvyOne on Apr 25, 2014 11:30 AM | Report Abuse
taciturn, tshwong & samsung555, I checked with my source this morning and was told that EIA approval is well advanced and on track. He had assumed EIA to have been approved because the company is currently mobilising its resources for starting reclamation work in Tanjong Piai. He further said that the Terms of Reference (TOR) for the EIA process has been approved for some time now and should be posted on the DOE website anytime soon, if it has not been posted already. As always, I will try to share accurate information as far as possible, but the caveat is that there is no guarantee. So, please be guided accordingly.

SavvyOne and PrescientOne is a same guy????

Protasco aborts private placement and bonus issue of warrants
http://www.theedgemarkets.com/my/article/protasco-aborts-private-placement-and-bonus-issue-warrants

Further to the announcements made on 12 March 2013, 12 June 2013, 17 June 2013, 11 September 2013, 12 December 2013, 19 March 2014, 12 June 2014 and 11 September 2014 with regards to the Term Sheet, the Parties have mutually agreed to extend the period of validity of the Term Sheet for an additional duration of six (6) months from the expiry date to finalise the terms and conditions of the Sale and Purchase Agreement.

The extended duration shall come into effect from 12 December 2014 until 11 June 2015 or such other date as the Parties may agree in writing.

This announcement is dated 12 December 2014.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1823561

But there are some fundamental facts to bear in mind (of course if you're "special", you won't believe this). Audited NTA for the company as at end June 2014 is 67 sen. Unaudited NTA for end Sep 2014 is 70 sen.

taciturn now Benalec share price below NTA a lot like u mention previously, now u keep buying or keep selling.....so worth to buy or not....

hold this counter..I not simply throw and simply buy..There are always a reason behind this..It worth to hold for long term....

would this counter will make miracle again....

i believe this is the best moment to identify our treasure. While everyone was selling down, panicked sell, cut loss, best time to accumulate, but have to accumulate wisely, especially on those counters that are good potential……

good potential counter...opportunity to further collection sure can double my fund an a year.....

Everyone don't buy, let it drop more then buy.. no demand, price drop..
Can be applicable in stock market......

i guess no more movie for this counter .....

more distribution? more correction?

today drop because contra player buy on last monday......

On the way up sure got stop and rest right, holding small but holding......

E&O calls for pre-qualification bids for STP2.
http://www.theedgemarkets.com/my/article/eo-calls-pre-qualification-bids-stp2

MyEG secures LoA from Customs for CSTM.
Last evening, MyEG announced that it has finally secured the letter of award (LoA) from the Royal Malaysia Custom Department to undertake the customs service tax monitoring (CSTM) project. The CSTM project should start full commercial service within one month, in line with our earlier forecast that CSTM starts its full commercial service by January 2015.

http://www.theedgemarkets.com/my/article/myeg-secures-loa-customs-cstm

dont think contrarian syndicate dump this much.....must be the sharks who bought at RM0.40......

quickly no joke syndicate haven't use full power later you all regret......

I think last round syndicates not yet come in. Otherwise got very big volume now......

This is a accumulate volume stock....Must know how they accumulate.....They collect low at RM0.465 and RM0.475 and they play around that level....That's you see today volume, a bit higher compare last 2 weeks...Meaning, they going to push the stock soon once the accumulation is enough......

Volume = Buy or Sell volume doesn't matter. At this price range, the trading volume will make the price shoots higher......

just like i expected......dripping and dipping constantly.....watch out for red ink today....

Is better be a steady investor rather than a reckless investor......

you guys are already in the mud, just rock and roll along it lo......

market sentiment poor, be able to buy cheap is aopportunity to further collect.....

wait for coming week and you will see everyone standing at cliff just to dive into black dungeon....

Bjcorp looks more on heavy selling vs buying queue.....price will more on dip thresold..

Muhibah can be more optimistic this coming week…….

Hard to make sustainable profit in such turbulent time.I hope you people will break-even or turn into some profit.....

this type of uncertain market, you still want to trade ??? unable to trade again !!!!!!

seems is goin to breakout but still hovering, will soar soon....be patient...

http://www.themalaymailonline.com/malaysia/article/singapore-again-presses-malaysia-to-freeze-massive-johor-reclamation-works

end of the day is always the bankers win.......

I still got many news and research to be shared.....Some new rotational counter will emerged but kind of dissappointed to share coz the are certain individual blantantly put remarks which is baseless........

top bottom.......congrats for those who exit with profit....blame no one and cursing if didnt make it.....time is crucial......every second counts...thats how shares is all about....

Looks like everyone still waiting for the signal.....u can see all the 4TTWs on standby mode.....is the signal happening or not ? ur guess as good as mind...

Affin Hwang Capital Research - 3 Dec 2014
We maintain our TRADING BUY rating for BHB with an unchanged target price of RM1.98, which hinge on the commencement of land reclamation works on its massive land reclamation concessions in Tanjung Piai (3,485 acres) and Pengerang (1,760 acres).

the sudden drop attract so many opportunist......expect more player to join the nice experience....to those contrarian.... cautious....the rest.... can slowly stock-up.....

Now look scary.....it will press down further.....maybe lucky for those earn peanut...and buy back later.....

now the O&G company downtrend and see Armada is it the cheapest and got room to growth...is the current profit factored in already......etc. etc..

now just sit dowm quiet and wait for the right time coming also sitting far away from the monitor dont see everyday, avoid the heart attack.....

must allocate at least 30% of your portfolio of goreng stocks...

E&O to kick off reclamation for STP 2
http://www.nst.com.my/node/58224

yes stay the course 坚持到底

KUALA LUMPUR: Protasco Bhd ( Financial Dashboard)’s extraordinary general meeting (EGM) yesterday failed to come to a conclusion after the meeting was punctured by adjournments, court injunction orders and a walkout by some shareholders.

Shareholders will have to meet again today to vote on the resolution to remove two non-executive directors Tey Por Yee and Ooi Kok Aun from the company’s board after they overwhelmingly voted in favour of the second adjournment of the meeting yesterday.

Yesterday’s EGM was requisitioned by two shareholders, Tan Heng Kui and UOBM (Tempatan) Sdn Bhd, who hold 8.99% and 1.75% stakes in the engineering firm, respectively.

However, when the meeting was called to order at 10am by Protasco chairman Tan Sri Dr Hadenan Abdul Jalil, he had to announce that the board was requesting for a two-hour adjournment.

Protasco later told reporters that the adjournment was necessary as the company’s legal representatives were present in the High Court of Kuala Lumpur to set aside a court injunction order obtained by Tey and Ooi.

According to Protasco, Tey had, through his nominated entities, Global Capital Ltd and Kingdom Seekers Ventures Sdn Bhd, obtained an ex-parte injunction to prevent Protasco’s shareholders namely, Datuk Seri Chong Ket Pen, Tan Heng Kui and UOBM from voting at the EGM yesterday.

Protasco said that the injunction, which also restrained Protasco from recognising any changes in the board, was served on Chong, Tan and UOBM late on Tuesday and early yesterday before the EGM started.

When the shareholders reconvened again at noon, Hadenan proposed to shareholders to vote for the EGM to be adjourned to 3pm the following day (Nov 27) as the High Court had set the hearing to set aside Tey’s injunction for today (Nov 27) at 9am.

This time round, Tey, Ooi and several other shareholders walked out from the meeting, protesting that the EGM was “tainted with illegality”.

Tey’s legal representative Ong Yu Jian said that his clients were prepared to proceed with the EGM at noon despite their views on the legality of the first adjournment, but would not vote at all on the second adjournment.

“The [first] adjournment was called not based on the Articles of Association. The purpose of the adjournment is to facilitate a certain shareholder. This is why it should not proceed,” said Ooi.

On the second adjournment proposed by Hadenan, Tey said: “We can live with the consequences [of not voting]. We know what we are doing.”

On the other hand, Protasco said that polling for the first adjournment was not necessary as the EGM proceeded on the same day.

“As far as the company is concerned, this whole meeting has been conducted in accordance with our Articles of Association and our constitution. There was nothing that was improper and everything was done according to the law,” Protasco said.

This view was supported by UOBM’s representative, David Thomas Matthews, who dismissed Tey and Ooi’s actions yesterday as “stage-managed”.

Tomorrow, another EGM which is requisitioned by Tey and Ooi to remove Chong from Protasco’s board will be held. Protasco has declined to comment on whether it will seek legal action to prevent the EGM from carrying on.


This article first appeared in The Edge Financial Daily, on November 27, 2014.

Marina I agreed what you said.

goreng time always like that one..got people promote.. good for early birds
got people hantam.. to scare you cause they want to buy cheap.....

Protasco's EGM adjourned for two hours moments after the meeting was called.

http://www.theedgemarkets.com/my/article/protascos-egm-adjourned-two-hours-moments-after-meeting-was-called

KUALA LUMPUR (Nov 26): Protasco Bhd ( Financial Dashboard)'s EGM reconvened after it was interrupted by the news that Tey Por Yee and Ooi Kok Aun filed an injunction at the high court to prevent it from carrying on today.

Representative of Protasco said that while the High Court of Kuala Lumpur has yet to decide on the injunction application, the EGM was reconvened so that shareholders could vote on whether to proceed with the EGM today or postpone it to 3pm tomorrow.

http://www.theedgemarkets.com/my/article/protasco-shareholders-vote-adjournment-egm