T4 = forced sell by broker, T3 = voluntarily self sell. Forced sell got extra charge.

Dartmaster, pls ask Google

Speakup gone missing. Promote 90cent so much. Now 90 cents is history

both today and tomorrow have t3 and t4. Lets see bull or bear win

Normally paktua73 like blood bath. Why go away?

EPF has 677mil (11%) of SAPNRG and KWP 398mil (6.6%). For sure they will protect their interest.The latest announcements show that their daily transaction is lesser than 15mil but last 3 days the volume are more than 300mil which mean it include us small retailers, big retailers like @pmaster, @Hng33 and @paktua73 (Who knows, maybe they work with investment company) and foreign fund managers. They're the market maker. There won't any significant movement of price without them.

0.95 is a breakthrough point

It could be more bullish sign if today close above 0.95.

Are some of you saying that EPF purposely push down the price using 2% of their holding to reduce the value of their remaining 98% by half and at the same time make you all angry so that won't vote for BN in the next GE?
To date, EPF still hold more than 670 mil of sapura share.

Seem like some people blame on so call trader (institutions and fund managers) and political influence. I believe nobody risking their money for fun here. They have their own KPI to achieve. It could be millions or billions. For me, greed and fear play the most important roles in the price movement. Nobody can really predict where is the price direction. Even hng33 and pak tua sold their holding too early and fear to buy back because of the historical price movement and the risk they took. It's better to get less profit than losing money anyway.
However based on the current price chart and TA, the uptrend still intact.

Happy trading...

Caution to people who are new in stock market. Most of the comments here are speculative nature. Invest wisely.

Better wait till MACD line cross

Blame no one when you still stuck here. Keep digging. It could be your most expensive lesson learn.

Better invest in growing sector like semiconductor. See Frontken for example

Better invest the fund in more potential counter to offset the loss in this counter instead of averaging down the price and stuck here. Think back how many investment rules you guys have already broken. It's okay to loss sometime

Sometimes you all need to accept that you invest in a wrong counter and looking for better counter instead of in denial mode

Investment rules
1. Don't falling in love with your stock
2. Cut loss when price drop lower than 10%
3. Don't average down
4. Don't catch the falling knife
5. Don't put all fund in one basket

All the contra traders have to sell today otherwise will force sell before noon tomorrow

Esos won't sell in one time. It could take years. Some may decide to keep, some decide to process later. Some employees have to get a loan to process the esos.
Based on my own experience in a company few years ago

Today is T3, tomorrow T4. Any movement possibly around 3-4pm tomorrow.
Just my opinion, not a buy call

Don't worry guys. Technical indicators still show an uptrend in near term. I only decide to sell if the price is above 0.15. Not because at the profit but at my reasonable target price.

I think it's just a beginning. There are more rooms to increase further. If Monday price close higher, probably will up for a week. Hopefully

Esos normally given to everyone in the company but the number of entitlement are different based on job position. Director get more. The price normally lower than market price on a fixed date, probably 10% cheaper. Not current price. Employees can choose to subscribe it within the subscription period or else burn.

Of course those who queue early at 0.09 can get matching as many transactions done at 0.09. There is always a buyer and seller for every trading. Doesn't matter it done at buying price or selling price.

Last week 500k @0.33

Frontken chairman ups stake

August 14, 2017 13:46 pm MY

KUALA LUMPUR (Aug 14): Frontken Corp Bhd chairman and managing director Ng Wai Pin acquired 500,000 shares in the mechanical engineering services provider on the open market last Friday (Aug 11).

Today, Frontken told Bursa Malaysia that Ng acquired the shares at 31 sen each. After the purchase, he owned six million shares or 0.57% in Frontken, according to Frontken.

At Bursa Malaysia, Frontken shares rose 2.5 sen or 8% at 12:30pm to settle at 33 sen, for a market value of RM335.35 million. The fifth most active stock saw some 19 million shares traded.

All eyes on Frontken

BY TEE LIN SAY

Growth strategy: Frontken’s plant in Kulim Hi-Tech Park. Over the last three years, Frontken has switched its focus from heavy oil and gas-related services to higher margin semiconductor services.
Growth strategy: Frontken’s plant in Kulim Hi-Tech Park. Over the last three years, Frontken has switched its focus from heavy oil and gas-related services to higher margin semiconductor services.

Despite the sudden selldown its prospects look positive

FRONTKEN Corp Bhd has very much been in the spotlight this week.

In fact, it has pretty much hogged the trading volume list over the last few months, almost always being among the top 10 most actively traded counters of the day. This has somehow created the perception that the stock is more hype than real business.

Frontken had also been in the news over the years as a company that could possibly see new major shareholders emerging or becoming a privatisation target by its owners. What is for certain though, is that the financials of the company have been improving since 2015.

The stock is also clearly a favourite with some investors, as it was up some 130% prior to its fall last on Monday, Aug 7.

Last Monday, after 4pm, Frontken’s shares suddenly experienced a selldown, causing its price to plunge by 20% or 8.5 sen to 33.5 sen. Some 178.8 million shares changed hands and it was the most actively traded counter of the day.

Dealers say Fronken’s share drop may have spooked the market. Selling of Frontken’s shares continued during Tuesday morning session. This may have caused a domino effect which saw other small-cap tech stocks also fall. By the afternoon trading session though, Frontken had stabilised and recovered back to its Monday’s close of 33.5 sen.

To be fair to Frontken, despite the year-to-date run up in its stock, the stock’s price-to-earnings ratio was still palatable.

At Thursday’s close of 32.5 sen, it is trading at a historical 2016 price-to-earnings ratio of some 15 times. It is also in a solid net cash position of RM65.7mil or 6.3 sen per share.

Nonetheless, tongues were wagging, brokers were talking and investors were jittery. Who was the big seller?

A check on Bloomberg shows that the major shareholders of the company continues to be CP Asia Holding GMBH with 27.8%, Ooi Keng Thye with 13.5% and Cheng Chew Giap with 2.6%.

Dr Jorg Helmut Hohnloser is the major shareholder of CP Asia.

Hohnloser is also a director of Frontken. He first bought into the company back in 2010 via CP Asia, and increased his stake up to its present 27.75%.

Hohnloser was a major shareholder of a European company called Cleanpart GmBH, which is the holding company of CP Asia. Cleanpart provides the same services as Frontken – maintaining of equipment in the semiconductor and other industries.

In the past, there has been much speculation and reports that Hohnloser was looking to strengthen his control in the company. This rumour has since died down.

In November last year, Hohnloser ceased to have an indirect interest in Frontken via his shareholdings in CP Asia as he had ceased to be a shareholder of Cleanpart.

On May 10, Hohnloser was redesignated to independent director from his previous position of non-independent director.

Meanwhile, the managing director and chairman of Frontken is Ng Wai Pin, who was appointed in 2012, when he took over from the company’s co-founder, Willy Wong Hua Choon.

Ng was redesignated to the new position from senior independent non-executive director previously. Ng has a direct stake of 0.52% or 5.5 million shares. On Aug 8, he bought 500,000 shares at 33 sen from the open market.

Ng is also chairman of Ares Green Technology Corp, Frontken’s 84.6% subsidiary.

Improving financials

Frontken is a provider of surface metamorphosis and mechanical engineering solutions, serving a wide-range of heavy industries such as oil and gas, power generation, semiconductors and marine.

The company also specialises in engineering services that include coating, machining and grinding, manufacturing and precision cleaning.

The company today employs some 1,000 employees across its engineering plants in the Asia-Pacific such as Singapore, Malaysia, Thailand, the Philippines and Taiwan.

Over the last three years, Frontken has switched its focus from heavy oil and gas-related services to higher margin semiconductor services. This has resulted in its improving results.

For its first quarter to March 31, 2017, the company made a net profit of RM5.02mil from a previous loss of RM1.24mil in the same period of the previous year. Revenue increased to RM67.06mil from RM58.79mil previously.

The better results were due to improved performance by the group’s subsidiaries in Taiwan and Singapore, largely due to the positive growth of...

Read more at:
http://www.thestar.com.my/business/business-news/2017/08/12/all-eyes-on-frontken/

Support at 0.33 since yesterday

See how market reaction tomorrow. October last year he acquired 1m at 0.145. No matter what, it's a good indication

Interest on second liners

KUALA LUMPUR: Trading on Bursa Malaysia on Tuesday remained firmly focussed on second- and lower-liner stocks while the bellwhether FBM KLCI steadies.

Investors on the local bourse continued to participate in short-term trading of lower-liner stocks, lifting volume to nearly 1.14 billion shares worth some RM804.98mil at 12 noon. The benchmark index was flat at 1,777 points. The broader market was weak, with decliners beating advancers 131 to 638 while 308 counters were unchanged.

Among the actively traded were Frontken Corp, Dagang Nexchange, Compugates Holdings, Aemulus Holdings, Kronologi Asia and Priceworth International.

Analysts said while the second liners stocks were mainly lower today it was unlikely to experience a systematic selldown.

Frontken extended its losses declining 9.1% to 30 sen at 11.15am, the biggest fall since November 2015. It was the most heavily traded counter so far today with 10.59 million shares traded. Its trading volume was about 5.5 times the 20-day average for this time of the day. The counter fell 19% yesterday to 33 sen. In the past month, it has fallen some 10%.

Read more at http://www.thestar.com.my/business/business-news/2017/08/08/interest-on-second-liners/#HmHia0AIYIlmGkDE.99

It's shocking bcoz the director himself intended to deal. Should be acquiring if the QR is good or vice versa if bad. Since everyone predicted better result, so we should assume acquiring. However the market reacted otherwise. It's just cautious or something happen, we don't know.

June global semiconductor sales surge on-year to RM140b

BY JOSEPH CHIN

KUALA LUMPUR: Global sales of semiconductors rose nearly one-quarter in June 2017 to US$32.6bil (RM140bil) from a year ago, boosted by sales in the Americas, says the Semiconductor Industry Association (SIA).

The US based trade body announced on Saturday the June sales rose 23.7% from June 2016’s sales of US$26.4bil. When compared with May, the sales were up 2% from US$32bil.

The SIA, representing US leadership in semiconductor manufacturing, design, and research, said in the second quarter, global sales reached US$97.9bil – up 5.8% on-quarter and notching an increase of 23.7% in the previous corresponding quarter.

Year-to-date sales during the first half of 2017 rose 20.8%.

John Neuffer, president and CEO of SIA said: “The global semiconductor industry has enjoyed impressive sales growth midway through 2017, posting its highest-ever quarterly sales in Q2 and record monthly sales in June,”

“Sales into the Americas market were particularly robust in June, and all regional markets saw growth of at least 18 percent year-over-year. Conditions are favorable for continued market growth in the months ahead.”

In June, sales in the Americas rose 33.4%, China (25.5%), Asia Pacific/All Other (19.5%), Europe (18.3%), and Japan (18%).

Sales also were up across all regions compared to last month: the Americas (5.1%), Europe (1.9%), China (1.5%), Japan (1%), and Asia Pacific/All Other (0.8%).

In 2016, US semiconductor company sales totaled US$164bil, and semiconductors make the global trillion dollar electronics industry possible.

Read more at http://www.thestar.com.my/business/business-news/2017/08/05/june-global-semiconductor-sales-surge-to-rm140b/#LRCF2ddAtaLpglea.99

excelyou: that's exactly my question when I read the news yesterday

Queued at 0.37 and 0.375 this morning. Only managed to get 0.375. Thought will consolidate more but suddenly surged when I m not free to monitor. See tomorrow performance

Qr supposed fourth week of this month. May b tomorrow can't get this price

i think buy opportunity should be by these few days

Don't want to take risk. Waiting for 0.35-0.36 may be around next week. Based on technical indicators, still high probability to drop further.

Maybe next week only will up again

For me 0.37 still achievable. This time price correction may take longer. Sold all mine at 0.39. Waiting for good timing buy again

I don't think will go that low

For frontken, wait the price to stabilize and buy. Buy 2 weeks b4 QR week

Somehow some still believe Taiwan is parts of China

Technically, tomorrow should up higher. I bet on bull first

Don't be too greedy. If reached your target price, just sell without regret

QR should be next week