Selling by directors are common when they have so much shares. The married deal could be for other syndicates to play. It is better for the directors to do married deals than for them to sell in the open marketlike Instacom which will depress the price of the share.

The informed investors are not stupid. When there are news of suspension and delisting at the same time, the price of Octagon today would have reflected it. Suspension most probably but delisting is unlikely.

Do not sell stocks out of frustration. Always remember Cliq has 3 months advantage over Sona. Certain prudent steps have to be taken to identify and buy a QA. To be rewarded one has to be patient and know why you are buying the shares in the first place. The management of Cliq did state that it will take a year to complete the whole process of QA.

Always remember what you are in for in buying shares. In Summatec case, knowing there is a right issue and if one is not taking up the rights issue, do not wait for the last day to sell. The syndicate is much smarter than most of us and when they play they play with no mercy. There is no such thing as playing up for you to run and make money. It is always their interest first.

Capital reduction and reduction in par value of the shares. Can anybody help whether it will affect the quantity of shares held by existing shareholders?

No mention Mordecai. By the 18th August Octagon has to report to the SC on their progress of the sale of their assets to reduce their debts and on the details of the signed S&P Agreement with the two oil and gas service companies they intended to acquire. I think positive news will be reported on their journey to get out of PN17. Hold tight and be patient. This is not a counter for short term investors.

Many investors/speculators who bought Octagon on the company getting out of PN17 lost their pants the last few weeks. These people are just ignorant and impatient of what it takes for a PN17 company to get out of it. In the case of Octagon they sold assets to reduce their debts and have sign agreements to acquire companies that provide oil and gas services. What needs to be done for Octagon to get out of PN17? It is not 1 month or 2 months but at least another 10 to 12 months. It may take another maybe 1 to 3 months for the detail S & P agreement to purchase the O & G services co. to be signed. Then the new company has to show 2 quarters(6 months) of profits achieved before it can apply to the Authority( it make taken 3 months to approve)to lift itself out of PN17. It is important you know what to expect from your investment in this type of company and hold for the medium to long term to be rewarded.

Please email to stanleyong247@yahoo.com. Tks

The directors are selling, yes but to a syndicate, which i believe is for them to play when the news on the land sale is firmed up. So take it easy. Syndicate don't play for 10 cts or 20cts.