after going to 8.5 it will trap some more people....good to collect at lowest...when already shoot up...always trap....who fast n can wait 2-3mths...will make money...
mahes10, you are very confident. news just out. 2 main shareholders disposed in open market. no wonder volume up. any insiders news my friend. graph looks good. upwards momentum.
We refer to the letter received from Bursa Malaysia Securities Berhad (“Bursa Securities) dated 22 March 2012 querying the Company on an unusual market activity in relation to the increase in price and high volume of trading of the Company’s shares. On behalf of the Company, the Board of Directors hereby confirm that to the best of our knowledge and after making due enquiry with all the Board members and major shareholders seeking their views on the matter that is the subject of the query, we are not aware of any of the following that may have contributed to the unusual market activity: 1. any corporate development relating to the Group’s business and affairs that has not been previously announced that may account for the unusual market activity including those in the stage of negotiation/discussion; 2. any rumour or report concerning the business and affairs of the Group that may account for the unusual market activity; and 3. any other possible explanation to account for the unusual market activity. save and except for the following: (i) The Company had on 2 March 2012 announced on Proposed Private Placement, Proposed ESOS, Proposed Increase in Authorised Share Capital and Proposed amendments to the Memorandum and Articles of Association. (ii) The announcement dated 21 March 2012, Chin Boon Long has become a substantial shareholders of the Company with effect from 21 March 2012 with a total shareholding of 47,406,000 ISB Shares, representing 8.73% of the issued and paid-up share capital of the Company. (iii) In addition, we also wish to inform that the Board of Directors of ISB has been informed verbally by Landasan Simfoni Sdn Bhd and Titanium Hallmark Sdn Bhd on 22 March 2012 that they had, on 21 March 2012 and 22 March 2012, disposed of their shareholdings in the Company to the public through open market and we do not know the buyers. . The necessary further announcement will be made to Bursa Securities upon receipt of the notifications in due course. The detailed disposal is as follows:- Landasan Simfoni Sdn. Bhd. (“Landasan”) sold 53,305,200 shares equivalent to 9.81% of the equity. Landasan still holds 4.69% equity in the Company after disposal. Titanium Hallmark Sdn. Bhd. (“Titanium”) sold 28,663,400 shares equivalent to 5.27% of the equity. Titanium still holds 8.66% equity in the Company after disposal. We have yet to receive official notification from them. The Company will make the necessary announcement to Bursa Securities of any material information in compliance with Rule 9.03 of Bursa Securities ACE Market Listing Requirements. This announcement is dated 22 March 2012.
the way i look at it, they are just trying to hold the price between 0.115 to 0.120. Landasan Simponi and Titanium still hold 4.69% and 8.66%. They might throw some more what they still hold. these 2 culprits just wanna chow and let ppl to hold. below their expected price, they hold and i dont know what price they expected.
kidman,last price before it when up is in between 0.10 to 0.11. Landasan and Titanum saw opportunity. they are looking beyond these price. so they appoint someone to do this dirty job. increase some and start throwing bit by bit until they finish off. If they wannna increase the price they start buying. maybe other shareholders accumulating or company buy back. but this did not happen. somehow or rather price must not decrease to below 0.115 or else call of and wait for it to increase back to above 0.12. let us see from here. wrong.
thx rozsham. still a bit confuse. ya i see they throwing around 0.115? but why still many buyers sapu it at this price? or you mean those buyers are not big shark so its dangers? thanks
friend, this is the 3rd day and by then most likely they have already thrown the balance of 4.68% and 8.66%. if my prediction correct, price will stable after this. just pray hard that buyer just accumulate and accumulate. big shark in deep sea my friend. they dont eat shares. they swallow ppl like you and me. BTW facts are hard to swallow.
u see yourself. when it tries to climb 0.12, these culprits start to throw at 0.115. dont u all realize that. again i hope i am wrong till this stage. the best part is luckily jupiter tp at 0.19 or else sure koyak.
Listening to tp from securities firms will take you to Holland much faster than you can blink. Never2 use their tp. Always mark down tp by at least 20%
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
MQ Trader 386 views | 2 d ago
0:17
New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
MQ Trader 530 views | 6 d ago
0:17
New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings Bhd aims to list on the Ace Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
William Wong
84 posts
Posted by William Wong > 2011-11-18 18:41 | Report Abuse
chances appear again,dont miss the 5sen or 5.5sen sale loh."SKY VIEW" target at 7sen n above.best of luck to everyone invester.