Sand can't export yet then turns out unseen future price movement. ICULS is financing for the Perak property development project with the state government. If you reviewed 7149PA(ICPS) shareholders, only 1100 shareholders controlled the outstanding shares (average 500 lots per person only), the balance is controlled by the 30 top shareholders. NO liquidity at all. Now investors are waiting the announcement on ICULS to proceed the Perak deal. Stay tuned

I wonder Why SC allowed such manipulation n not balanced protection to the investors. During old day, SC got rid of all the trading manipulators, but nowadays all the white color scheme approved by the SC. Really no regulator governance nowadays. Wasting paying SC fee from us to feed their salary

Can u provide more details where 168m PF from SHH?

Managed to pass EGM today,, then all the business transaction from variable subsidiaries can do it orderly as new management can concentrate their management work onward. Lower the mother price means lower the ICLS exercise price. Hopefully it is the management expectations

Big shareholders from previous management group unloaded as market has been waiting their unloading for so long

No wonder no news from this company about sands if the rewards is still valid. Then we should see revenue on the way, waiting the management to disclose any sands latest announcement.

Up to tonight, the annual report is not yet posted at Bursa announcement. Why Annual report not yet come out in Bursa announcement but Bursa can post this auditor opinion earlier from annual report without investors to analyze the whole report to judge the share investment and panic selling on this counter? Any agenda motive from Bursa management ?

This audit report of account status had been disclosed during last quarter. Nothing news and it is mentioned in the annual report as normal. One thing positive from this statement to tell u that the outstanding liability as we knew earlier will further extend to 2023 and 2026 that will wait Datuk Yap to find money as he has to redeem the liabilities under his personal guarantee. Stay tuned.

IDSS is unlikely to allow under covid period after August. The most important thing to the stock market is which political party going to manage this coming government management that will direct the market direction.

JJ is right, thank you

No wonder when I invested this counter under former owner management, the account looked attractive but share price stagnant. So many cheating inside after disclosed by the new owner Fat Liew

This person as below has been questioning about his degree status recently. Why 3395 appoints him?

Jalil Rasheed was formerly the President & Group CEO of Permodalan Nasional Berhad (PNB), Malaysias national unit trust manager. Jalil brings with him 18 years of investment and business leadership experience, having worked in the UK, USA, Malaysia and Singapore with the global investment firms Aberdeen Standard Investments and Invesco Limited. Besides investment experience, Jalil also brings with him many years of experience in working with large corporations and Boards on corporate governance and instilling operational effectiveness and excellence.

Bachelor of Science (Honours) Accounting & Finance, University of London, United Kingdom

Diploma in Economics
University of London, United Kingdom

DPS under interpacic n didn't know how to do placement turned price stagnant.

SNC issues private placement as announced today under TA

Biotrend left 50m shares and half day turnover 100m. Should expect dispose of to the market. Now it is a show for the market players.

They can make good profit from private placement, why didn't DPS offer 10 for 2 right issue from public shareholders? Any conflict of interest

Biotrend previous name called DPS industry

THE LAST CHANCE TO GET AT LEAST 100% RETURN FROM THIS COMPANY!
Author: swimwithsharkss | Publish date: Sun, 28 Feb 2021, 5:18 PM

THE LAST CHANCE TO GET AT LEAST 100% RETURN FROM THIS COMPANY!

There used to be a saying that there are no guaranteed return or guaranteed win in the stock market. However, that is not true. Once in a while, some great opportunities would arise and those who able to catch it soars, those who don’t; misses it.

Today, I’m going to share with you a almost risk-free play from this company. With the recent right issue of ICULS of the company, investors are prone to make tons of money from it!

First of all, this company is amongst the most solid companies in Bursa Malaysia with great profitability and low PE Ratio. The name of this company might be known by a few, but those who does had surely profited from it, and this company would be AGESON BERHAD (KLSE:AGES).

Recently, AGES had proposed a rights issue of ICULS in order to solidify the financials of the company. But before we start and share with you how easy could you earn from this proposal, what exactly is ICULS?

Irredeemable convertible unsecured loan stocks, or better known as ICULS is a type of financial instrument which allows the company to raise immediate capital but without any immediate dilution. It is much better than a common rights issue of common shares.

The nature of loan stocks gives its holders the right to “collect the loan” from the company. However, ICULS just made it 10 times better. Instead of the company paying cash, you would get the shares of the company at a deep discount. For example, based on the indicative conversion price of the ICULS of 11.0 cents, the current market price of AGES which stands at 13.0 cents signals a discount of 2.0 cents, or equivalent to approximately 18% discount!

As for the costs for the this ICULS, it would be just merely 1.0 cents. Which mean for existing shareholder to subscribe to ICULS, the costs would be additional 1.0 cents per ICULS. What’s more – each one shares that you are holding are entitled to 6 ICULS!

For example:

Jasmine held 100,000 shares in AGES at 28th February 2021. Based on the indicative ICULS entitlement count of 6 ICULS per 1 existing common share, Jasmine would be entitled to 600,000 ICULS at 1.0 cents each. The total costs of the subscription on ICULS would be (600,000 * 0.01) = MYR 6,000.00

Hence, at the end of the day Jasmine would be holding 100,000 shares of AGES common share and 600,000 ICULS of AGES.

Do note that AGES’s stock price had been maintained above 12.0 cents since September 2020. And the costs for AGES’s ICULS subscription and conversion, is also 12.0 cents (1.0 cents subscription of ICULS + 11.0 cents of indicative conversion price).

This would mean your chance of losing money to subscribe on the ICULS, is close to 0.

However, any 1.0 cents upside in AGES’s common share would give you substantial return on the ICULS!

Assuming AGES is trading at 13.0 cents, the ICULS would double to 2.0 cents (13.0 cents – 11.0 cents indicative conversion price = 2.0 cents intrinsic value of the ICULS)

Assuming AGES is trading at 14.0 cents, the ICULS would triple to 3.0 cents (14.0 cents – 11.0 cents indicative conversion price = 4.0 cents intrinsic value of the ICULS)

Assuming AGES is trading at 15.0 cents, the ICULS would quadruple to 4.0 cents (15.0 cents – 11.0 cents indicative conversion price = 4.0 cents intrinsic value of the ICULS)

In short, every 1.0 cent increase in AGES, you would reap another 100% profit from subscribing in ICULS!



The figure above shows the price movement of AGES-PA, which is the same opportunity that investors had leveraged on prior to the issuance of ICULS. AGES-PA had reached the peak of 6.5 cents, which gives the early investor of AGES-PA a whopping 650% return! And even now, AGES-PA is still trading at 3.0 cents, which indicates a 300% return!

If you are keen to reap a minimum profit of 100% profit on this counter, there are several things that you must do:

Buy and hold AGES until the ex-d

It is zero coupon loan stock

The above three shareholders held the huge shares of PA. Once they fully convert PA, they become the majority shareholders of Ages. It is why the previous owner of Ages was very angry and kept sad bad thing about this new management as previous owners were not keen as allocated to subscribe PA during old days

Prospects of the Group after ICULS proposal.

The Group expects to see some recovery in the property sector in the FYE 30 June 2021,
with stabilising fundamentals and growing demand from homebuyers spurred by the
initiatives of the Government to encourage homeownership. This augurs well with the
position of the Group as a property developer as well as a construction company.

The Proposed Development is not expected to contribute to the Group for the FYE 30 June
2021 as it is expected to commence only in the first quarter of 2022 with new right issue of ICULS proposal. However, it is expected
to contribute positively to the financial performance Group for the next fifteen years from the expected commencement date of the Proposed Development.

During the FYE 30 June 2021, the Group had diversified into the Sand Business. As at the
LPD, Ageson Enterprise had secured letters of intent and award for the Sand Business of
the Group with a total indicative contract value of approximately RM27.87 billion. This would
entail Ageson Enterprise to begin exporting river sand and silica sand to Hong Kong, China
and South Korea upon execution of the definitive agreements with the customers.

Currently, the Group shall focus on trading and export of sand to grow its Sand Business
and as such the Group is implementing the necessary strategies to venture into the Sand
Business in order to:-
(i) secure additional business partners to reduce the reliance of the Group on a single
business partner for mining license and approved permits; and
(ii) sourcing for sand from Malaysia as well as the South East Asia region; and
(iii) source for more types of sand to increase its product offerings; and
(iv) source for more customers, both domestic and overseas.

Another family member joined in as a shareholder

The way of disclosure means it is a right issue practice and not a Private placement practice. Peter want to raise his stake after disposed 6% of shares to the open market. It likes an insider trading practice

Previous name of biotrend called DPS industry

By the name of partner but belongs to peter

JJ, the shares that biotrend got it from private placement and not from open market. He sold 0.155 and bought 0.118

JJ, hope u r right. Biotrend belongs to Peter

Peter diverted his business under SNC

Matilah, so many shares are going to unload

Managed to fully Settle more than $200m to lion industry as announced last month.

23 DECEMBER 2020

DPS. (DPS RESOURCES BHD, Code 7198 )
https://www.dps.com.my/

Basic Information on DPS:
NTA : 0.220 (Discount to NTA)
PE. : Only 5.12
EPS. : 2.44
52-week : 0.035 - 0.18

Recent High : 0.180 done on 7 DECEMBER 2020. ALSO ITS 52-WEEK HIGH

No.of Shares Issued : 587 million

*DPS-WB
Exercise Price : 0.10
Expiry : 15 Jan 2025*

Related Links :
https://klse.i3investor.com/blogs/Bursa_Master/2020-11-29-story-h1537299937-AN_UNDERVALUED_GEM_TRADING_AT_48_DISCOUNT_TO_NTA.jsp

TRADE AT YOUR OWN RISK.

The above is just my personal opinion & observations for learning purposes & should not in anyway be construed as a "BUY CALL".

Regards
BURSAMASTER,

I bought back at $0.135 today

Good n waiting to invest again

Good drop some more n let Teh to wait for another year

We have changed to evergreen wood counter but we come back to see whether still have opportunity or as u guide still not yet sell

Luckily I managed to run away again

Take profit again

有人说无常来call buy了，你们懂的..赶快套利先， 明天跌了再买

Managed to sell 0.13 n waiting to buy back later

JJchan i dont predict, Dps accounts is extreme simple. I do survey on similar Co. Just imagine Dps
furniture was doing 40m revenue 10 years back----this Qr results--- Furniture only doing 3.3mil


Once furniture Biz pickup, property sector dont has subdize furniture loss---profit just jump
I think 4Q revenue will continue to jump considering Other furnitures Co biz also jumps

Time to pick up more shares on Monday----Next year this time, i can Buy a Tesla just for fun
27/11/2020 7:15 PM

Thank you, JJ

Seem Hard to buy back at 0.10 after disposed

Followed Teh promoted idea of negative thinking to sell short to gain the difference. Hopefully Teh is right

I thought Peter is so good to let me gain so much n I felt more than happy to dispose of. Thank you

My goodness, going to go up?

Just sold 500000@0.11

I sold one million shares today, earned nearly $50k

On behalf of the Board, Inter-Pacific Securities Sdn Bhd wishes to announce that save for the Proposed Private Placement, the Company has not implemented any fund raising exercise within 12 months preceding the date of the First Announcement. So meaning what?

Very good plan from Chin promised

Full house until turn down extra order for the furniture industry

The acquired land around 60 acres will be located near the Green City, and between Mukim Durian Tunggal (an Alor Gajah subdistrict) and Mukim Ayer Panas (a Jasin subdistrict). DPS boss has plenty of estate land nearby.