Posted by Everybodyhuat > 2021-11-29 18:46 | Report Abuse

Totally agree. Drop of 30% is ridiculous. More shareholders must help write in.

Posted by CharlesT > 2021-11-29 19:05 | Report Abuse

Mayb can push them for shares split/ bonus/ free wa as well?

Posted by Titan > 2021-11-29 21:20 | Report Abuse

If the Share price rose above current price, can AYS board of director request an EGM to bar Mr. Koon from selling his shares??

Posted by Titan > 2021-11-29 21:38 | Report Abuse

Mayb is good idea to put in both resolution. AYS will buyback shares with the condition mr.koon cannot sell for the next 5 years. Agree??

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.

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 ..................

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

karma....didn't expect so fast

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.

Posted by Albukhary > 2021-11-30 10:08 | Report Abuse

Haha.. when the share you invested and drop, you wanna call for EGM.
When other people share invested and drop, you laugh at them and said they didn't follow your golden rules.

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.

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.

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

haha uncle so desperate

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

Uncle trades Supermx better loh! Supermx makes billion /yr

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!

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.

Posted by TheGardener > 2021-11-30 11:54 |

Post removed.Why?

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

返老還童？有趣！

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

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

Impact on their inventory

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.

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

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

They buy n sell mostly...trading co

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!

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

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

Kyy,

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

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 ?

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.

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

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.

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

Got age limit to become a director ?

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

Where got retired ?

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

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

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

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.

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

share price could and may continue dropping

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

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.

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.....

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

Uncle, Apa macam AYS?

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!

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

Why invest in this hardware company?

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

Hope uncle can escape before dropping to 50c

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

Old man nervous, margin call anytime price breakdown

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

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

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?

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

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?

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!