@thenextwave. Property market not that bad. Latest quarter for Matrix shows revenue exceeding previous corresponding quarter by 33%.

The PE is now only 9.8. AWC is therefore well under priced.

@KLCI King. There is no loss in the latest quarter reported i.e. Q4. The profit is RM4.397M. The YTD i.e. all 4 quarters is RM21.276M as compared with the previous 4 quarters of RM22.019 i.e. only slightly lower. Where did you hear the fake news of AWC's 'loss' in latest quarter reported?

Today's sell-down is due to the Dow and Shanghai sell-down. Both are due to US interest rate hikes. This is more fear for the market.

So KLCI King, the sharks know that there is about 20 sen per share to gain in the short term. That is what they are gunning for. With negligible SC policing, they are having a free ride with little risk.

@KLCI King.

No one can know for sure but one can tell the signs. Because of none to lax policing by the SC, these manipulators can swing the price well below the pain level of most investors.

AWC had already indicated the share price to be RM1/share having just issued tranche 3 of 11,500,000 million for the Trackwork takeover at that price. Tranche 2 was also issued at RM1/share. There are also free warrants coming. The tranche 4 issue to be issued for takeover of Trackwork will be the weighted volume of the 5 days trading after the audited financial statements of Trackwork for FY ending 30/9/2018 is signed by the auditors.

If they did not expect AWC shares to rise at least to or above RM1/share, the sellers of Trackwork would not have accepted the sale of their profitable company at those terms. The sharks know this. Based on what they have done in the past, they are manipulating down the price to collect.

What's in it for them? A very likely AWC share price of well over RM1 per share, plus 1 for 5 free warrants. If the warrants are priced by the market at 50 sens each, that alone will ensure that each AWC shareholder will gain 10 sens for each share held by AWC shareholders.

But EPF had bought into AWC which is a safe bet that they expect to gain in the near future.

The point to remember is that AWC profit is increasing and strengthening due to strategic diversification into other services via Trackwork. This trend has not changed.

Closed off lows. Rebound likely tomorrow.

Genting is already very heavily taxed.

Don't think so. Even the potential losses in Genting Malaysia's investment in the promissory notes in the US - about RM1.77B will reduce NTA by about RM0.30 sens/share according to the Edge.

@huatchye. I am not in the habit of telling when or at what price to sell or buy. I just look at the charts. No human being can predict the future or interpret the past without errors, not even with charts.

Probably bottom out between 1.20 and 1.25. Chart can also tell future because future tends to repeat past.

The market is just reacting with fear. Gaming is no sin as its freedom to game or not. The gamer wins or lose only money. In addition, he gains excitement and entertainment and a chance to profit.

Cigarettes and alcohol destroys the body and directly impact the economy negatively through the social costs they incurred including public expenditure on health and the cost of accidental deaths and injury. A significant portion of accidents is due to drunken driving.

So sin-tax is traditionally and safely confined to cigarettes and alcohol.

To tax Genting will result in lay-offs, the social-economic costs of which will more than the increase in revenue.

@huatchye. Look at the charts and draw your conclusion.

Do not give in to fear.

It will likely shine when it declare dividend, not necessarily special dividend. But KPS is growth stock, so accumulate when price goes down.

It is well under valued. The management a bit average but not dodgy as other companies. So babies, draw your conclusion as to what to do!

I quote from Gamuda's statement: "In an international re-tender exercise intended by MOF, unless MOF significantly lowers the
requirements, only foreign contractors will be eligible". This says a lot about Gamuda's international competitiveness.

It's quite odd. When EPF disposed 444,900 shares on 26/9, the price closed up by 3.5 sens. When EPF acquired 500,000 shares on 1/10, the price closed down by 1 sen. And when EPF acquired 222,700 shares on 2/10, the price closed down also by 1 sen.

Base on the issue price for acquisition of Trackworth, AWC share price is worth at least RM1/share. There is free warrant also. But the price is being manpiulated somewhat.

Going down!

There are signs of manipulation. But this is Malaysia and the Securities Commission have been seen to be sleeping. So the Bursa had by and large been turned into a casino.

Go by the charts babies and very likely you will catch me at the right time/level - KPS.

KPS may need to see at least 1.30 before it sees 3.30. It's the timing.

Good reading ariffrazak.

If chart is useless, then all the farting liars here are worse!

@PenguinDad. Please study chart and draw own conclusion.

Read the charts and draw your own conclusions. All are liars, but chart cannot lie!

@param54, why groundfloor?

KPS says: I hope to fetch you at the 13th floor babies, maybe lower if you want me!

Warren Buffet will like this stock (like I did) but even he would be wrong-footed by its management. Only in Malaysia could this bangsat lying managemnent gets away with literal financial murder. Hopefully the new Finance Minister will buck up the likely dedak-blinded SC.

Gamuda is under the Harapan cloud. Switch to KPS is better.

Sun daily report if accurate means Gamuda likely holding out for 1XBV.

ecrl won't affect Iwcity.

Much depends on Mahathir's meeting with Xi at 5.30 pm today. Stay tuned.

If price breaks 0.90 sens, then very likely confirmed!

The big bites can only mean that funds are buying!

Looks like it!

Shooting up. Compromised?

KPS says: "I feel like coming down to the 15th floor to fetch you babies".

All are liars. This is the only true statement.

KSL bangsats told lies, did not keep promise made in 2014.

Or both!

See how the market reads it - RM297M haircut or RM765M cash-out.

Present sell-down is syndicated.

It's a RM297M haircut.

Prettier but at what price?

KPS says: Do your own maths babies. I just got a 28% beauty salon haircut.

Ambank is not out of the woods yet. The small fine was during MO1's time. PAC has just been ordered by Parliament to reopen probe on 1MDB. Other issues like the extent of money laundering, murder, the personnel involved and ANZ's role. Like what Singapore did, Ambank may be ordered to close shop!

Roger 123. First class honours in Accountancy? Which Uni?

Ambank linked to 1MDB. Jinxed stock.