Selamat Hari Raya to all Citaglobal shareholders.

Substantial shareholders semua dan kaya duit banyak jadi tak kaluit pun

Jom la Cita kasi RM2.00 satu kali nak raya dah ni

Big boss dumping also a lot ha

Sudah pancut

Mungkin masuk virtual saja bro Yusof896

Minta operator kasi satu short rally untuk duit raya

Macam mana Kanenites

Macam mana Kanenites

We all waiting for you to dump faster kimpeng

Boleh kasi diskaun banyak sikit Yusof896

Come on lah Citaglobal, satu kali Dataprep push

Tak habis-habis lagi preference shares conversion ini...

Macam mana hmmkihkihh

WongCapital, will be hard to assess the "fair value" but they are many ongoing EPCC project awarded the past few years on top of the ongoing LSS4 contract awarded as an asset owner. So will be hard to say the PP is necessarily bad.

pang72, looks like panic selling.

Operator game plan apa pula minggu ini

Operator game plan apa pula minggu ini

Jaga-jaga nanti sangkut lagi dekat atas bangunan kondominium ....

Naya Pak Karim...

Naya Pak Karim...

When that will be diamjela?

No idea Yusof896. Dato Mohan only sold very little (310k~ shares). The daily sales volume is quite on the high side also.

Yusof896, someone still not finished selling...

Mr Market give you discount today

The operator pushing own the price to be closer to the PP price

Tripaka, what's happening today?

So sad to see this stock after several years I've sold at a big loss

phoenixqueen, looks like someone is still not finished selling ...

Sekarang sudah seronok tapi mungkin petang nanti atau esok pagi sedih balik

marqdesade, there was a shares consolidation for 5 to 1 shares which was completed today 6/3. So the last price pre-console was 0.30 so the new price is 1.50 (at 0.30 x 5). Hope that clarifies.

Hold on to your boxers boys.

Stabilizing

nicholas99, the timeline for the definitive agreement i.e. the formation of the 50:50 JV Co for the battery storage management system should be some time now which is already more than 6 > months after the MOU was originally signed. Can see the announcement below.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3297652

Maybe the MOU between Genetec and Citaglobal is completed and they've agreed to form the 50:50 JV co to develop the battery storage facility. Let's see ...

Good news coming perhaps...

All in kaw kaw

The company got RM80 mil cash in bank accounts Michael R. Let's hope this new management will exercise prudent cash management.

Hold on to your boxers lads.

This is just an impairment of "goodwill" (a concept that only works in accounting anyway) to explain the "premium" paid for the excess 6.5 sen due to the placement of CESSB's acquisition at 19 sen the last time (as the share price went up to 25.5 sen instead). So the company decided to impair the excess 6.5 sen instead.

See further page 15 of the 4th quarter from the management's explanation:

"If exclude the "one off" goodwill impairment, the Group would have registered a profit before taxation of RM2.0 million and RM8.8 million for the 4th Quarter 2022 and full financial year ended 31 December 2022 respectively."

Sudah lama tunggu bro Yusof896

Someone still not finished selling

Patience is a virtue

Something is happening ...

The next Gamuda please

Just sold all the shares today. So stressed.

Correct. Better just sell this stock and buy other better stocks out there already

What's happening Kanenites

Operator baru bangun tidur lambat hari ini

Operator sudah minum ketum pagi tadi