https://www.bursamalaysia.com/bm/market_information/announcements/company_announcement/announcement_details?ann_id=3291585

Just need to break 14. But upside is intact with good volume

Yeah right shareholders, management team and strategies is gonna propel it to new high

Around 110m shares left to be sold by Awang. Maybe he is raising fund for forthcoming GE. It will range bound between this level till his stake exhausted.

Nice, for the time, money and efforts that he put in. He definitely wants to make this a multibagger

As Awang is a major stumbling block to the success of Aimflex. Disintegration of culture for many years. Aimflex just needs a good resources allocator and capacity builder

Now just need to exhaust Awang remaining holding of around 80m shares

Penny stocks in Bursa at 12 cents but with a business that can generate RM4m of profit per quarter and is growing. Cash flow generated for 6-month is almost RM9m with RM70m of net cash or 4 cents per share. And they are exploring few proposals including alliances and M&As that could be a big catalyst. And Awang is leaving which is a good news to Aimflex, leaving the Company with capable minds and talents. With righ strategies and focused management team, it could become a multi-bagger

Just wait to earn big. See the latest quarterly results and its fortress balance sheet, you will know what I'm saying. Numbers don't lie

Since Chua of Penta into this Company, it has shown tremendous improvement in topline and bottomline. And he brought in many credible investors into the Company. In the hindsight, Awang is a parasite of Aimflex and since his entry, the business of Aimflex was at downfall and linked to Serba Dinamik's fiasco till Mr Chua took over. And he appointed inexperienced girl of 20's as the Executive Director with high pay. As at 2/9, Awang still owned 142m shares and the last 2 days volume is at 70m. Maybe need to wait till next week for Awang to sell off his stake. I believe once sell down is done, is time for Aimflex to slow head to its all time high, underpinned by its record earnings

It could be a decent company if not because of its incompetent management team. Hope they could stop the bleeding investment business. In fact the lesser they do the better; be it into new ventures or investor relations activities. More efforts should be focused on its existing businesses

Next AGM, to propose for all the Executive Directors and management team to get 50-70% pay cuts. They are lucky that the power plants in Vietnam were built by its Chinese partner, with RM120m profit after taxes per annum, else is going to become another failure. The lesser they do the better for the shareholders, as they need less money from the shareholders. No wonded they cannot attract institutional investors to this Company

Gone case. Worst performing healthcare company in Bursa. Revenue RM7m, loss of RM7m. Billion RM China project is kind of dodgy as till now it haven't contributed positively to its financial results

First quarterly loss since listing. Revenue decreased more than 1/3 or RM100m. Is it the start of its downturn?

It won't go bankrupt. They already incurred most of the installation and land acquisition costs. Even with 25% degradation, they are still cash flow positive for 20-25 years. And with contribution from Vietnam's power plants, they are still good and able to pare down their debt. The issues with this Company are just management incompetency in resource allocation to existing businesses, acquisition of new businesses and cut the unprofitable businesses

Investing into JAKS as good as investing into sunset business with management that no nuts about resource allocation to existing businesses, acquisition of new businesses and exiting into unprofitable businesses. The more it expands, the more losses it incurs. They expect doing the same things over and over again and getting different results. But they are wrong. Something wrong about the management business acumen

Whatever the business or venture by JAKS now turns into Midas Touch, nope Sadim Touch i.e. ruin everything that he touches

Now the share price back to its level before the start of uptrend. KYY was right to question about the integrity and acumen of Ang. Definitely lacking of them

And they work hard on its investor relations activities but somehow its just vanity as people see the results. The results were bad

They are too aggressive at the wrong time. Political turbulence in Myanmar coupled with rising raw material prices and now the government of Myanmar imposing capital restrictions to curb its weakening currency. This is supported through debt loading of syndicated loan amounting of US$48.4m, with rising interest rate dimimishes their returns in Myanmar

OCK secured US$48.4 syndicated loan for Myanmar. It will have impact on its ability to repay this loan

https://www.channelnewsasia.com/business/myanmar-orders-companies-banks-suspend-foreign-loan-repayments-reports-2815201

The answers they gave to to the questions raised during the AGM were too general, ambiguous, not precise and concise. Meaning their investor relations and CFO are not capable and brilliant minded to take this role. They treat the retail investors they are mum-and-pop investors

Give it sometime. Daud is the past and during his reign, the Company performed below the baseline, with appointment of few directors that are inexperienced in this industry. Collectively, Ewe (former MD and major shareholder of Pentamaster) would make a difference in this Company. They are scrapping dividend policy to concentrate on growth. Just wait till the completion of proposed subscription of shares to Ewe, Luster, Chin Hin' heir to judge its performance

Eco World International Berhad - Eighth Annual General Meeting ("AGM") on 24th March 2022 @ 10.30 am

Not easy to turnaround this underperformance elephant, when it was surrounded with many warlords, heirs and heiresses

https://www.thevibes.com/articles/business/56661/abdul-jalil-disposes-of-15-mil-shares-in-bcorp

Gone case on Monday. Back to the same old underperforming conglomerate under the helm of Tan's Dynasty

Negative developments affecting Myanmar, its biggeest contributor of EBITDA. Even Petronas pulled out from Myanmar. Be careful of write-off on its investment in Myanmar

Company is not growing, political crisis in Myanmar its bigger contributor of EBITDA, didn't benefit much from JENDELA, major shareholder is selling, weakening balance sheet and waning interest in this Company

To go to RM1.50 is an arduos journey but to me is good enough if it can be half of it

Don't worry about the critics. At current level nothing to lose. Every dog has its day

If Awang is leaving and replaced by technocrat in this industry, that is a major boost to Aimflex

IRIS Corporation Berhad (the “Company”) wishes to announce that on the 3 January 2022, the Company’s wholly-owned subsidiary namely IRIS Information Technology Systems Sdn Bhd (“IITS”) has received an Application for an Interim Injunction dated 27 December 2021 (“Application”), which is fixed for hearing on the 26 January 2022 at the High Court of Malaya. The Application was filed by S5 Systems Sdn Bhd (“S5”), a company incorporated in Malaysia. S5 is seeking:

IITS be injuncted from engaging third parties/ subcontractors for a specified scope; and
any third party / subcontractors already appointed by IITS be terminated / halted for a specified scope.
The Company has appointed a legal firm to represent its interests. The Company firmly believes that the Application is frivolous and without merit and the Company will vigorously contest the Application and take the necessary actions to protect our rights and that of our stakeholders.



The announcement is dated 4 January 2021.

Any door gifts for the AGM?

@Kang Yao Refer to this on Gurnell Project

"A joint venture between EcoWorld London, Ealing Council and the council’s development company Broadway Living has seen plans for the £230m redevelopment of Gurnell Leisure Centre refused. Councillors went against the planning officer's recommendation and refused plans for a new leisure centre and 599 flats at the committee on 17"

The plan was rejected by Councillors so they have no choice but to write-off the planning cost

Don't trade for small uptick. Not worth the time and money. Buy and keep for months

Just buy and keep Aimflex. Strong support despite weak market sentiment. Multibagger in the making

a decent results, recovery is intact. With on-going strategy to diversify into other industries to reduce reliance on Dysons, it will bode well with the growth plan of the Company. 20 cents soon

Interesting 2 days. 20 cents is confirmed by this week

Market bad and yet it is showing uptick. Support is good and in no time it is gonna go above 20 cents. When there is turnaround of financial results and orderbook, than is gonna breach above 20 cents. Keep the leap of faith

Soon 20

Good news for AAX. Even without Covid, AAX is a dead fish. Covid is just a last nail in the coffin. With this restructuring, AAX can reset its operations, cost structure and strategies as well as cleaning its balance sheet

You see today there was a strong support for Aimflex despite glooom and doom for KLCI. I expect that it is gonna breached 20 in short-term

Serba, SCIB and KPower are Karim's companies. Awang already sold majority of his holding in Serba even during IPO and entered into Aimflex and Minetec.

Is not pump and dump. is just t+2. After lunch, it will go up again

20 November is the results day. Is gonna be a the numbers of recovery as production back at full capacity. Business is resuming to normal with business development activities gaining traction. 20 cents easily breached next week

Aimflex is no longer a stone. Just a start, more to come with booming business

I have accumulated enough. Keep the fingers crossed for a multi-baggers

I see that it will back to 20 cents in ST.