Again, buy low and sell high, dont fall in love and get attached with it...or it may end up with RM0.005...

If it's as easy and as solid as I wanted, I would have mortage my second hand 10 years Proton Waja so as to get financing to hantam this counter oredi....it's soley a speculation and it's not a 100% profit guaranteed investment such as Geneva...

Yes, after they goreng....

the holding cost of the boss shall be RM0.10 or more for mother share, let's see how low they wanted to dump it...

I am also very curious to wait and see how low they could dump the mother share...hehe

For this kind of goreng counter, you spend 4 cents for WB and there is a 5 years' lifespan...and the co wouldn't close shop in short term..

Never ask you before what to buy leh...I know what I am doing lah..btw, my cost shall be lower than the sharks...to deal with this counter, it's safer to buy low and sell high, don't chase high..

again, my timeframe is 1-3 months, not 3 months, why u always twist and turn one??

Anbz, unless you are able to buy a counter which will go up within contra periods...I am not as good as you loh

Just spend 4 cents to buy WB, 5 years expiry, the company shall not close shop in short time...I think it's a good leverage play...just buy some will do, shall not affect yr sleep...when they goreng, the return will be better than yr bluechips...

Simon84, yr so -called critical support of 4.5 not may not accurate. This was the support before the 5 to 1 capital reduction....Techically the current price of 8 cents is much lower than the previous support of 4.5 cents before capital reduction...Sanichi is at it's all time new low now..

Dont take things emotianolly lah, anti or pro Sanichi....WTF...To me I only see whether got chance to make money or not...Again, if you believe in the goreng theory, just buy and keep...forget about TA or FA...it's just will they goreng or not...my timeframe for this counter :1-3 months

Bingo, I really admire your fighting spirit in this thread (but not in AMEDIA's thread). Keep it on man!!!

Anbz, the whole restructuring exercise is completed now.It started with a capital reduction of 5 to 1 which was completed in Dec 2012, then followed by a rights issues of 1 to 1 basis at RM0.10 (with 0.5 free warrant)which was just completed. Full stop.

Hope that everybody read and understand before you post..dont post just for the sake of posting...pls argue or present with a solid point.Don't make this forum a rubbish dump site.Personally I think this forum is one of the good local investment forum.TQ

SANICHI TECHNOLOGY BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description SANICHI TECHNOLOGY BERHAD (“STB” OR THE “COMPANY”)
(I) SHARE PREMIUM REDUCTION;
(II) PAR VALUE REDUCTION AND CONSOLIDATION;
(III) INCREASE IN AUTHORISED SHARE CAPITAL;
(IV) M&A AMENDMENTS;
(V) RESTRICTED ISSUE WITH WARRANTS;
(VI) DEBT RESTRUCTURING;
(VII) RIGHTS ISSUE WITH WARRANTS; AND
(VIII) EXEMPTION

(COLLECTIVELY REFERRED TO AS THE “CORPORATE EXERCISES”)


For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the earlier announcements, where applicable, unless stated otherwise or defined herein.

Reference is made to the Company’s announcement on 15 May 2012 and subsequent announcements made in relation to the Corporate Exercises.

On behalf of the Board of Directors of STB, Public Investment Bank Berhad wishes to announce that the Corporate Exercises have been completed on 20 March 2013 following the:

(i) admission of the 60,485,000 Warrants B issued pursuant to the Rights Issue with Warrants to the Official List of Bursa Malaysia Securities Berhad (“Bursa Securities”); and

(ii) listing of and quotation for the:

(a) 8,766,320 Settlement Shares issued pursuant to the Debt Restructuring; and


(b) 120,970,000 Rights Shares and 60,485,000 Warrants B issued pursuant to the Rights Issue with Warrants,

on the ACE Market of Bursa Securities with effect from 9.00 a.m. on 20 March 2013.

In addition to the above, RM4,623,656 nominal value of ICULS at 100% of the nominal value of RM0.10 each have also been issued on 20 March 2013 pursuant to the Debt Restructuring.

This announcement is dated 20 March 2013.

As i mentioned earlier,it's solely for speculation.if u buy the goreng theory then u can speculate.if u dont then just forget so

The whole restructuring exercise.is.just.completed.there is no fresh.cash call lah

Anbz,do some reading before u post lah...dont simply post some rubbish...

Some correction: Protev has disposed 20,000,000 shares earlier in Feb and their shareholdings before the Rights Issue is 65,000,000 i/o 85,000,000. FYI, Protev acquired 85,000,000 shares at RM0.10 via a private placement earlier.

Basing on Protec's shareholding of 85,000,000 (before the Rights Issue), they shall entitle to 85,0000,000 rights issue (on 1 to 1 basis).However, it seems that they only subscribed to 65,000,000 shares and disposed the entire 65,000,000 shares subscribed via a off market direct deal. As the Rights issues was oversubscribed by ard 26%, just wonder who is the hidden hand...

Direct deal via off market....expecting a new Major Shareholder?

????? Care to elaborate more?This info is about the completion of the restructuring...so???

We r at the same ship

At this level I see limited downside potential and a higher upside potential...unless the Germans wanted to dump ther shares which they bought at RM0.10 to RM0.04...they should suffer more pain than I do

If they dont do anything I will just keep it...small amount and not under margin financing...Hehe

My faith is that my cost of holding is less than theirs, and the company is considered clean now and shall not close shop in short term...so the game is still on...U have to know what are you doing and forget about TA (chart) or FA...more on risk reward analysis..

Simon, FA not applicable on these kind of counters, and I dont think this counter will drop to RM0.04 in short term as their cost of holding is RM0.10 or more for mother share...

For goreng stock no need reason one...it's either they pay interest for their margin account or goreng...

Anbz, highest warrant done is 4.5 cents only...where got 8-8.5 cents???

Purely speculation...

Yeap yeap

Most of the shares are with the German Guy...it's either they goreng or being forced sell....I think the chances of goreng is much higher

Chances of rebound is much much higher than dropping to 4 cents..

The upside potential is there...wait for the.restructuring plan

Limited downside risk as i doubt it will b delisted....

Well, looks like the restructuring plan is moving on (sudmitted on 28 Feb)...it's backed by Tabung Haji, Felda & VT....shouldn't be failed...

I am always sceptical on those taking advantage on the forumers for personal gain. Looks like U are the exceptional one..My sincere apology

Mr.OTB,congratulation!! U won at the end ...It seems like you do know a lot of news others dont know (besides the so call TA, FA analysis...) A winner is a winner no matter how...despite my earlier suspicions on the while deal

Reference is made to the announcement dated 14 February 2013 in respect of the receipt by the Company of an offer letter dated 14 February 2013 from its holding company, KDEB to acquire 254,562,576 ordinary shares of RM1.00 each in KHSB, representing 56.57% of the issued and paid-up share capital of KHSB, held by KPSB for a purchase consideration of RM193,467,557.76 or RM0.76 per share which is to be satisfied in cash (“Offer”).

On behalf of the Board of Directors of KPSB (“Board”), AFFIN Investment Bank Berhad wishes to announce that the Board had deliberated on the terms of the Offer and has decided to accept the same subject to KPSB and KDEB entering into a definitive share purchase agreement. The details of the terms and conditions of the share purchase agreement will be announced once the same has been executed between the transacting parties in due course.

This announcement is dated 28 February 2013

?????!!!!!!

Mr.OTB's investment carrer and reputation goes down together with KHSB...

the whole deal is just funny
.

as i sais earlier,besides TA n,u need to know abt conspiracy theories too

same pattern....

My 2 cents guess...basing on the very similar posting pattern..

Last time used to bluff in English, now in BM...anyway, still the same piece o shit

Jango Bingong.....

After the Rights Issue (if it's being implemented), then it will be below RM0.10...

Why mainboard counter can not fall below RM0.10? Can close shop too...