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54 comment(s). Last comment by zzzzz 2021-12-08 11:01

Sslee

9,565 posts

Posted by Sslee > 2021-11-29 22:16 | Report Abuse

As long as you hold 2.5% of shareholding then you just need to give at least twenty-eight (28) days notices before the AGM to submit your requisition to move and vote on your resolution on SBB, shares split/ bonus/ free warrants, dividend and etc

As for EGM (required min 10% of shareholding) is normally for resolution to vote in your nominee as director and vote out the current director.

ahbah

4,955 posts

Posted by ahbah > 2021-11-29 22:24 | Report Abuse

sokong

Posted by shortinvestor77 > 2021-11-29 23:42 | Report Abuse

Soon forced selling for KYY and OTB like their investment in JAKS, one of their well known lost investment which both of them also wanted to cover up in life as well. Run ..................

EarnAmeal

101 posts

Posted by EarnAmeal > 2021-11-30 08:00 | Report Abuse

karma....didn't expect so fast

abang_misai

2,419 posts

Posted by abang_misai > 2021-11-30 08:01 | Report Abuse

Apa khabar Koon?

Posted by SpeedNpower > 2021-11-30 08:07 | Report Abuse

Lol u wan them push back price up so u can profit more ? SC need to have a word with you.

Posted by KingKong_Doll > 2021-11-30 09:39 | Report Abuse

Uncle really getting creative (or shall i say desperate) day by day leh. Yesterday ask to manipulate the numbers. Today suggest share buy back. This is similar like Evangrande asking thier client to write CCP to request pump in money to bailout Evergrande. You think Ah ping kor will care o not? But no harm trying la. Mana tau this is successful. Then can try asking Bursa to drop investiation on serbak. Itu lagi syiok.

mrbusiness

206 posts

Posted by mrbusiness > 2021-11-30 10:15 | Report Abuse

@Uncle Koon,

I think the suggestion to "give twenty-eight (28) days notices before the AGM to submit your requisition to move and vote on your resolution on ...shares split/ bonus/ free warrants..." is very good news to support the share price.

Please submit the suggestion to AYS now then broadcast your letter to all. Let the news agency to pick up this news. Thanks.

mrbusiness

206 posts

Posted by mrbusiness > 2021-11-30 10:15 | Report Abuse

I think share buy back will not be efficient and use up company's capital.

amateurJR

2,212 posts

Posted by amateurJR > 2021-11-30 10:29 | Report Abuse

haha uncle so desperate

Rockers

238 posts

Posted by Rockers > 2021-11-30 10:37 | Report Abuse

Uncle trades Supermx better loh! Supermx makes billion /yr

stockraider

29,535 posts

Posted by stockraider > 2021-11-30 11:30 | Report Abuse

Rubbish lah!

Now want share buy back pulak!

Ays heavy borrowing loh...share buy back may bankrupt the company due to liquidity loh!

Better...let the company just make money...if mkt see long term profit trend...they will rerate ays mah!

EarnAmeal

101 posts

Posted by EarnAmeal > 2021-11-30 11:30 | Report Abuse

I guess after all, he will post something like forget about the steel price and he actually sold 3 weeks ago.

supersaiyan3

2,889 posts

Posted by supersaiyan3 > 2021-11-30 11:57 | Report Abuse

返老還童?有趣!

CharlesT

13,158 posts

Posted by CharlesT > 2021-11-30 12:00 | Report Abuse

The high borrowing is mainly short term to finance their high inventory.

The main concern is with the recent sharp drops in commodity price, what will be the potential

CharlesT

13,158 posts

Posted by CharlesT > 2021-11-30 12:01 | Report Abuse

Impact on their inventory

gohkimhock

2,464 posts

Posted by gohkimhock > 2021-11-30 12:05 | Report Abuse

be careful of companies with high borrowings. The interest expense is enough to erode the profit..

Extremely high inventory than usual means their goods movement is poor. Inventory does not need to be financed as it is a finished product. It should be classified differently than raw materials.

CharlesT

13,158 posts

Posted by CharlesT > 2021-11-30 12:08 | Report Abuse

I think they over speculated for having ard 6 months stock..

Should kena in the next 2 Q if commodity price remain in downtrend

CharlesT

13,158 posts

Posted by CharlesT > 2021-11-30 12:08 | Report Abuse

They buy n sell mostly...trading co

stockraider

29,535 posts

Posted by stockraider > 2021-11-30 12:09 | Report Abuse

High inventory means ays speculated in steel inventory, much more than its normal reqn loh!

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2021-11-30 12:26 | Report Abuse

Haiyo...why you all invest at your own risk want AYS management to bail out...very funny...hehe

stockraider

29,535 posts

Posted by stockraider > 2021-11-30 12:28 | Report Abuse

Kyy,

Should propose that he be appointed to the AYS BOD mah!

ahbah

4,955 posts

Posted by ahbah > 2021-11-30 12:32 | Report Abuse

Also call egm to declare all current yr earnings as special div. ? Good idea ? Agreed ?

treasurehunt

1,395 posts

Posted by treasurehunt > 2021-11-30 12:35 | Report Abuse

Oh Chiew Ho doesn't pledge his shares. What for initiating a share buyback? Big fish has fallen into the net and he could be waiting for Christmas and CNY big feast.

UlarSawa

13,589 posts

Posted by UlarSawa > 2021-11-30 12:38 | Report Abuse

Cannot lah. Uncle Koon too old to be director lah. Retired age already leh. Correct?



Posted by stockraider > Nov 30, 2021 12:28 PM | Report Abuse

Kyy,

Should propose that he be appointed to the AYS BOD mah

treasurehunt

1,395 posts

Posted by treasurehunt > 2021-11-30 12:47 | Report Abuse

This type of big feast is available once in a blue moon...it may take 5 years.

ahbah

4,955 posts

Posted by ahbah > 2021-11-30 12:48 | Report Abuse

Got age limit to become a director ?

ahbah

4,955 posts

Posted by ahbah > 2021-11-30 12:50 | Report Abuse

Where got retired ?

He is still the most active mkt influencer lah !!!

ahbah

4,955 posts

Posted by ahbah > 2021-11-30 12:52 | Report Abuse

kyy as a director , he can protect our retailers' interest to his utmost ability !

treasurehunt

1,395 posts

Posted by treasurehunt > 2021-11-30 12:54 | Report Abuse

AYS business model doesn't any influencers. Influencer got no loyalty one. Oh must be thinking how to cook big fish.

i3lurker

11,005 posts

Posted by i3lurker > 2021-11-30 13:00 | Report Abuse

share price could and may continue dropping

later margin call for someone might happen........

L2

654 posts

Posted by L2 > 2021-11-30 14:06 | Report Abuse

the most recent three "bear traps" were short-lived. this developing fourth looks very slippery.

Yu_and_Mee

2,817 posts

Posted by Yu_and_Mee > 2021-11-30 17:02 | Report Abuse

After all, KYY trapped himself.

Posted by sangkancil > 2021-11-30 18:10 | Report Abuse

"I have slightly less than 5% of the total issued shares to avoid reporting my trading activities under SC rules:I have slightly less than 5% of the total issued "shares to avoid reporting my trading activities under SC rules"

market cap about 250m , 5 % about 12.5M.....

abang_misai

2,419 posts

Posted by abang_misai > 2021-11-30 22:06 | Report Abuse

Uncle, Apa macam AYS?

rogers123

3,969 posts

Posted by rogers123 > 2021-12-01 07:06 | Report Abuse

Wah! Eariler asked people to manipulate the account figure. Now pula asked people to interfere the supply and demand mechanism. I think u r thinking urself is a god. Let the share price fall to the level which the market think it is fair. Don't manipulate the market or else SC will look for u. Dont forget u r DAP big supporter. LDHN will look for u again. Wish u good look!

abang_misai

2,419 posts

Posted by abang_misai > 2021-12-01 07:21 | Report Abuse

Why invest in this hardware company?

pang72

43,797 posts

Posted by pang72 > 2021-12-01 10:16 | Report Abuse

Hope uncle can escape before dropping to 50c

Tiger62

1,873 posts

Posted by Tiger62 > 2021-12-01 17:18 | Report Abuse

Old man nervous, margin call anytime price breakdown

s3phiroth

248 posts

Posted by s3phiroth > 2021-12-01 17:35 | Report Abuse

wait what? Is that means kyy is begging for bail out now?

UlarSawa

13,589 posts

Posted by UlarSawa > 2021-12-01 17:39 | Report Abuse

AYS is hardware company kah. Really kah. Not really lah. Got manufacturing also lah. Correct?


Posted by abang_misai > Dec 1, 2021 7:21 AM | Report Abuse

Why invest in this hardware company?

UlarSawa

13,589 posts

Posted by UlarSawa > 2021-12-01 17:40 | Report Abuse

Uncle Koon said already he will buy up to max 5% only. Uncle still buying lah. Mana so easy kena margin lah. Correct?


Posted by pang72 > Dec 1, 2021 10:16 AM | Report Abuse

Hope uncle can escape before dropping to 50c


Posted by Tiger62 > Dec 1, 2021 5:18 PM | Report Abuse

Old man nervous, margin call anytime price breakdown

UlarSawa

13,589 posts

Posted by UlarSawa > 2021-12-01 17:42 | Report Abuse

Uncle Koon not begger leh. Uncle Koon is tycoon leh. Must respect sikit Uncle Koon leh. Uncle Koon mana possible jadi begger leh. Correct?



Posted by s3phiroth > Dec 1, 2021 5:35 PM | Report Abuse

wait what? Is that means kyy is begging for bail out now?

UlarSawa

13,589 posts

Posted by UlarSawa > 2021-12-01 17:44 | Report Abuse

Uncle Koon got asked ppl manipulate acct meh. Sure or not. If got asked Uncle Koon dare to publish it in forum meh. Correct?


Posted by rogers123 > Dec 1, 2021 7:06 AM | Report Abuse

Wah! Eariler asked people to manipulate the account figure. Now pula asked people to interfere the supply and demand mechanism. I think u r thinking urself is a god. Let the share price fall to the level which the market think it is fair. Don't manipulate the market or else SC will look for u. Dont forget u r DAP big supporter. LDHN will look for u again. Wish u good look!

sensonic

663 posts

Posted by sensonic > 2021-12-01 20:58 | Report Abuse

I AM SO EXCITED FOR YEAR END WINDOW DRESSING AND CNY RALLY WHICH GOING TO BEGIN IN 3 WEEKS TIMES. BE PREPARED FOR THE NEXT RALLY.

EarnAmeal

101 posts

Posted by EarnAmeal > 2021-12-01 21:50 | Report Abuse

Wait another week, if price continue down Uncle will announce he already 'cabut' 3 weeks ago.

Stock Kingdom

1,005 posts

Posted by Stock Kingdom > 2021-12-06 16:38 | Report Abuse

Have you called? KYY?

zzzzz

1,697 posts

Posted by zzzzz > 2021-12-08 11:01 | Report Abuse

No volume... market so good price also stagnant

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