Posted by Mat Cendana > 2012-07-17 13:15 | Report Abuse

A very quick check shows these: as with most ACE counters, its par value is 0.10. NTA is 0.06. 12-month Low-High 0.085-2.12 ...

Based on its business performance and assets, it never should have gone above 1.00 in the first place, much less 2.00. Ooi Teck Beck is right: it looks `cheap' right now *comparatively*, i.e. if you compare it to the previous high. At 0.615, fundamentally it is still very, very high (if it is a 1.00 par, the price would be 6.15 - like Telekom Malaysia, which Cybert definitely isn't anywhere near to).

Yes, if one is lucky, some syndicate might goreng for a rebound and one would get a profit. "might"... For me, it's way too risky because Cybert is not worth much.

Posted by Mat Cendana > 2012-07-17 13:28 | Report Abuse

The company made an announcement yesterday of an acquisition. No big deal. By the way, its business of vehicle-tracking is interesting and with potential. But the share price will have to be lower (and stabilise) first to attract a serious investor (as opposed to "contra speculator").

[Cut & Paste]
The Board of Directors of Cybertowers Berhad wishes to announce that the Company has acquired a new subsidiary company on 16 July 2012 with the name of Pioneer Streams Consolidated Sdn. Bhd. at a consideration of Ringgit Malaysia Two Hundred Thousand (RM200,000.00) only ("the Acquisition").

Pioneer Streams Consolidated Sdn. Bhd. is a MSC Malaysia status company, incorporated in Malaysia with the paid up capital of Ringgit Malaysia One Hundred Thousand (RM100,000.00) only. The principal activity is to carry on the business of fleet management and GPS tracking system.

The Acquisition is not expected to have any material effect on the earnings, net assets or gearing of the Company for the financial year ending 31 August 2012.

None of the Directors, major shareholders of the Company and/or person connected to them has any interest, direct or indirect in the Acquisition.

This announcement is dated 16 July 2012.

Posted by Ngai Chee Weng > 2012-07-17 13:45 | Report Abuse

so volatile ya this counter.

Posted by Alfred Aun > 2012-07-17 15:56 | Report Abuse

The share price to hit limit down again. (RM0.60)

Posted by Yuzuki > 2012-07-17 16:19 | Report Abuse

hahahaha ไม่มีใครต้องการนี้หุ้นหมัด lol

Posted by fathergod > 2012-07-17 16:21 | Report Abuse

kesian,mau jual harga limit down pun tak ada buyer

Posted by fathergod > 2012-07-17 16:22 | Report Abuse

how many get burn?hahahaha,remenber ,next times don main kejar angin

Posted by kawelegen > 2012-07-17 16:28 | Report Abuse

Wait a few more days maybe can get more discount. Pastu boleh beli megasale huhu.

Posted by Yuzuki > 2012-07-17 16:32 | Report Abuse

เดนมาร์กฮ่องกงที่แต่งตัวประหลาดแล้ว cabut hehehehe

Posted by Yuzuki > 2012-07-17 16:33 | Report Abuse

GAME OVER lol

Posted by fathergod > 2012-07-17 16:34 | Report Abuse

hahahaha,mau cabut lari,jalan tak ada.besok lagi limit down

Posted by Yuzuki > 2012-07-17 16:35 | Report Abuse

cybert knm aglobal mtronic, ทั้งหมดไปที่ฮอลแลนด์เจ้าของอยู่แล้ว cabut , game over lol

Posted by fathergod > 2012-07-17 16:38 | Report Abuse

ทั้งหมดไปที่ฮอลแลนด์เจ้าของอยู่แล้ว =all go holland

Posted by akuree > 2012-07-17 17:05 | Report Abuse

game over...

Posted by fathergod > 2012-07-17 17:11 | Report Abuse

this is shares market,any will happen,

Posted by Ngai Chee Weng > 2012-07-17 17:12 | Report Abuse

Not yet game over la unless delisted only.

Posted by fathergod > 2012-07-17 17:15 | Report Abuse

yes.not yet ,but how many ppl get burn on this?2morrow will touch 0.30.gua pek

Posted by fauzyrusdeny > 2012-07-17 17:41 | Report Abuse

go down n will stop at 0.20 huhuuu

Posted by limweichuen > 2012-07-17 17:48 | Report Abuse

go down less than 30 cents, collect sikit...wait for another rebound..hehe

Posted by Winston Paul > 2012-07-17 21:44 | Report Abuse

Don't go into counters without any fundamentals. You will go mental!!!!!!!!!!

Posted by Winny > 2012-07-17 21:47 | Report Abuse

If can dip to 28sen,is a good buy to make profits?

Posted by Littleinvestor > 2012-07-17 21:54 | Report Abuse

Nobody knows if it can go to that level. But if it really goes to 28cts, I m not sure it's wise to pick it up.

Posted by Pak Lah > 2012-07-17 22:16 | Report Abuse

Cybert today closing price of RM0.60 is on its 200-day average. Further, the resistence experienced on 30/3/2012 was also at RM0.60. Technically, this resistence can turn into the support for Cyberts tomorrow. If this support was broken, then the next would be RM0.525.

Posted by Ooi Teik Bee > 2012-07-17 22:33 |

Post removed.Why?

Posted by rakyat malaysia > 2012-07-17 22:45 | Report Abuse

Mr. Ooi,
where can we see a long down bar as you have mentioned. Just curious.
Thanks.

Posted by KC Loh > 2012-07-17 23:05 | Report Abuse

rakyat malaysia. its black in here, but its suppose to be red in technicolor hehe

https://www.dropbox.com/s/k1g9docnzh1ls8k/Bursa%20Malaysia%20News%20%E2%80%A2%20View%20topic%20-%20CYBERT%20-%200022%20%28ACE%20Market%29.png

Posted by Littleinvestor > 2012-07-17 23:11 | Report Abuse

KC Loh, what is your take here with the chart?

Posted by Littleinvestor > 2012-07-17 23:12 | Report Abuse

Seek your opinion.

Posted by KC Loh > 2012-07-17 23:18 | Report Abuse

i am not familiar with cybert. something must be drastically wrong for the stock to plummet so bad especially when time of exuberance now. as i did not study this stock, my take is only hearsay at best.

maybe some bros' take may clue you in. a penny stock jumping above RM2 without any basis will surely entails SC enquiry and then spook the punters. My take: the spike in price is unwarranted, thus now reflecting its true value.

Posted by Littleinvestor > 2012-07-17 23:21 | Report Abuse

Thanks KC Loh

Posted by mrK0K3N > 2012-07-18 09:12 | Report Abuse

Technically unreliable to analyse this counter. Other important 'external' factor must carefully to look at. Fundamental also unreliable. Don't go in with TA & FA.

Posted by gajah > 2012-07-18 09:22 | Report Abuse

I believe technical ananysis is fruitless since the direction is controlled by the market mover(s)

Posted by Ngai Chee Weng > 2012-07-18 10:57 | Report Abuse

selling down still remain strong today.

Posted by richman > 2012-07-18 11:18 | Report Abuse

cybertowers business nothing really exciting nor does it generate substantial revenue

Posted by richman > 2012-07-18 11:38 | Report Abuse

limit dwn coming guess it is 42 cts

Posted by richman > 2012-07-18 11:40 | Report Abuse

it is lower i thought it was 30%of closing price

Posted by UncleLim > 2012-07-18 11:41 | Report Abuse

Richman,

For shares less than RM1, limit down is 30 sen.

Posted by Mat Cendana > 2012-07-18 11:45 | Report Abuse

The technical indicators, resistance levels are now secondary in Cybert's case. I doubt whether there will be a rebound to 1.00 and above. That's because it shouldn't have gone there and past that in the first place. As KC Loh had said, there was no real basis for it to spike up so high. Now it is finding its real level - there might be some rise when it finds the bottom but I don't think it will be worth the risk. Most likely, it will stay very near its bottom, whatever it is, for some time yet.

Posted by Ngai Chee Weng > 2012-07-18 11:55 | Report Abuse

wow, gonna limit down again today? maybe will get some support at 0.2 kua

Posted by 5894 > 2012-07-18 12:32 | Report Abuse

ouch!

Posted by ibujang > 2012-07-18 13:04 | Report Abuse

Last stop for this counter is?

Posted by gkheng > 2012-07-18 13:29 | Report Abuse

<0.01 cent, its base value

Posted by gkheng > 2012-07-18 13:30 | Report Abuse

<0.1 cent, its base value

Posted by Ngai Chee Weng > 2012-07-18 13:38 | Report Abuse

0.005 :D

Posted by fauzyrusdeny > 2012-07-18 16:37 | Report Abuse

owhh....mati ooo

Posted by Marcus Beh > 2012-07-18 16:38 | Report Abuse

Woooo! Lucky I run faster... If never limpek pun 96.....

Posted by ibujang > 2012-07-18 17:11 | Report Abuse

Why 0.01?

Posted by richman > 2012-07-18 17:16 | Report Abuse

he will be waiting for the rest of his life there waiting and waiting unless it gets delisted just trying to scare all those poor souls who bought this ctr

Posted by yen boy > 2012-07-18 17:21 | Report Abuse

pernah goreng punya,harga boleh tidur lamalama

Posted by Pak Lah > 2012-07-18 17:50 | Report Abuse

Cyberts support at RM0.315?