https://www.theedgemarkets.com/article/zelan-wins-265m-dirhams-arbitration-against-uae-firm

When the award news breaks out tonight, tomorrow will hit jackpot !

1 AED = RM1.12

One share = RM0.33 !

AED256,141,666.23 + AED52,963.71 = AED256,194,629.94 = RM286,937,985.53 COMPENSATION AWARD from MEENA HOLDINGS

wow, tomorrow limit up !

https://klse.i3investor.com/blogs/savemalaysia/213862.jsp

Opening price 0.83-0.85

This is a clear-cut pump and dump counter...pump all the way to 2 and dispose all the way down; its considered expensive even at .6....., stay away !

I think this is their modus operandi : Push to 2 and dispose as it goes down; ppl might think its cheap at 1.5 and they sell down again and again' in the process all retailers are stuck.

Conversion price stays the same, no change

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6153333

Could touch limit up today ....?

Something's big brewing, would announce anytime now regarding ECRL....I think they have got the consent from govt before Gadang acquired the 10% stake

As 20m shares were transacted at 0.9 on Friday , tomorrow might see a strong rebound to 1.5 as the selling party would not dispose in open market and the buying party (Gadang) would want to push the price up and those interested to buy have to buy in open market and in the process inevitably push up the share price; and with Gadang on board, it further strenghthens DWL's prospects in the bid for ECRL especially with former MRT CEO as the new MD

Monday could easily rise to 1.5 as it had been oversold; with the impending ECRL project wins together with Gadang , the share price could spike above 2.2 in short term !

https://www.sinchew.com.my/pad/con/content_2040688.html
Tomorrow limit up ?

The debts are supposed to pare down from 16.6b to less than 10b after RI but staying at 16.5b instead, means the company borrowed another 6b during the period from Nov 2018 to Jan 2019; better watch out or this type of company , using small special dividend to entice the innocents
25/03/2019 4:24 PM

Limit up tomorrow ?!!

In the latest QR, they reported a revenue of 6.92m and a gross profit 6.14m ie, their profit margin is close to 90% for IT (Enterprise Resources Planning) business, now with recurring Yes Comm 20m and Perkasa Selalu 78m contracts, this hidden jewel will fly all the way to RM1 !! Tell me what type of business can generate 90% gross profit....? Only Aturmaju can ! Time for analysts to take a serious look and its poised for an upward rerating soon

78 M contract for a small cap company (30m mkt cap) ! Double limit up !!

Tomorrow hit LIMIT UP !! 0.72 mother; 0.44 PA

RM1 in the making...!

Brace for more downside as profit taking and some logical reasoning kick in exacerbated by Promoters' unloading

There I told you weeks ago that once the moratorium is lifted on 18.1.19 the price would go down as the Promoters would unload some of their holdings

A lot of pension funds cannot hold warrants

because banks cap warrants at very low value;

Haha.. theoretically Tatgiap PA shld be worth at least 0.24 !

WAtchout !!! Moratorium (no sales of shares) of 45,000,000 Promoters' share are lifted on 18.01.19 (6 months after listing date) will flood the market !! Can the price still hold above RM1 ?

Given the current market environment, warrants shld be 0.2 to 0.25

Cash is king, keep your cash for better bargain in 2019

Tomorrow .52 with sellers queueing !

Jaks WA opening price shld be .15+-

Even if the Vietnam IPP is completed, it doesn"t guarantee a profit as the info regarding the off-take (sales) of its electricity is still vague ! No S&P signed with buyers

No Skin care product, how to look beautiful ?

If KYY's forecast comes true. Jaks is in deep shit !

Any price below .4 will trigger another round of forced selling for KYY

The US is pumping lots of shale gas at a very competitive rate starting 2019 and coal price is increasing, it doesn't bode well for coal-fired IPP like Jaks

Weeyaa Hi, can you send the link here ?

Its 50m at stake, not 20m

But since 1998 crisis, usual practice by bank is to get the owners/major shareholder as personal guarantors for the loans that the PLC commit, except in some rare cases where the owners are brilliant enough to by pass it

Like the India Aircel case, the company is bankrupt only at company level and he goes
scotsfree, the immediate victims are the banks, creditors and employees

AK is an astute businessman, I think all the debts are not guaranteed by him personally but very likely leveraged against his Armada shares and also against some of Armada's assets; so if the company at all goes flunk, he's got nothing to lose except his shares (worthless anyway) and also the company's junk assets !

Its a worldwide phenomenon : All the O&G supporting industries ie FPSO, oil vessels and carriers, fabrication and piping are in great despair

No banks will be silly enough to lend her good money to save a bad business , I guess AK himself will not save it even if he could; sometimes in business you just have to let it flunk than to waste his time, energy and money to rescue a company that is beyond being saved

.....how can you save a counter saddled with 11b debt and in sunset business ? Waiting for wind-up and declare bankrupt just like his India Aircel ....!

Total debt 11b +

One cannot lose track with market reality however painful that could be, embrace losses and defeat , take the bull by its horns and do whatever is right to minimise losses....do not stay in denial mode, save the last bullets and wait for another day to fight

The worst thing that owners of PLC is to depress his own share price to force the exit of another major shareholder (KYY), its akin to use other's cock to fxxx his own arse....! Share price of Jaks tumbled because of Rights warrants (as with all other counters that went ex) and bearish market sentiments...This is market force

Jan 7 is the date for hearing in Federal court against Star on 50m BG, from the outlook it looks like a lost case