KEY ALLIANCE GROUP BERHAD

KLSE (MYR): KGROUP (0036)

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Last Price

0.01

Today's Change

+0.005 (100.00%)

Day's Change

0.005 - 0.01

Trading Volume

466,000


6 people like this.

8,197 comment(s). Last comment by BLee 4 weeks ago

tlxian123

94 posts

Posted by tlxian123 > 2017-04-10 20:19 | Report Abuse

I got it at 0.085, so afraid couldnt grab the train ><

Posted by Silly_money > 2017-04-10 21:35 | Report Abuse

How does or works

Posted by Silly_money > 2017-04-10 21:41 | Report Abuse

OR

Posted by Ultrainvestor > 2017-04-10 21:47 | Report Abuse

kgroup-OR is given to shareholders whose name appear on the shareholder list on the 29th March 2017. They can sell it or they can pay exercise price to become mother before closing date 20th April 2017.

lclwyp, as per kgroup's announcement dated 31 Mar 2017, on the Entitlement date, 29th March 2017, the number of issued and fully paid up share is 819,054,853. So I'm assuming, this is the rights issue that is in the market now. Now we are waiting for the number of RI that will be subscribed before closing date of 20th April 2017.

As per announcement dated 29th March 2017, the minimum money intended to be raised, RM10 million is already covered by Dato' Goh by subscribing to 200 million RI.

Posted by Silly_money > 2017-04-10 22:43 | Report Abuse

Thanks for explaining.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-04-10 23:20 | Report Abuse

人生几何 ~ 尽情博吧: Ultra, you meant he had already subscribed 200 ml RI, and he can sell already now? that's no good...
========================================================================
cytew: you will get your mother and free WB after 4 pm on 4th May 2017....but you can sell your mother on 2 May 2017 and thereafter.
========================================================================
Not yet. Got to wait until 2 May 2017.

Posted by Ultrainvestor > 2017-04-10 23:30 | Report Abuse

Eh, no he cannot sell. There's a certain period, until entitlement date at least. Try searching for it in the document, pretty sure I came across it.

Come to think of it, with the sentiment on their side, if mother price increases to a certain level, everyone will want to subscribe and/or exercise either the -or, -wa or the upcoming -wb in May. More money for them.

Posted by Ultrainvestor > 2017-04-10 23:32 | Report Abuse

No it's the law.

Posted by Ultrainvestor > 2017-04-11 00:02 | Report Abuse

Yes. If you don't, anything you can do to improve it?

I'm too lazy to dig through law acts and such, but if you want to, check that document about the rights issue page 10, pretty sure that the whole document itself is a proof of the commitment of the entities involved and can be used against them if need be.

Posted by rmkfac100812 > 2017-04-11 08:31 | Report Abuse

Hi Ultra, good morning!

Posted by pern2228 > 2017-04-11 08:41 | Report Abuse

1OR + 0.05 can convert to get a mother share..Each 2 OR converted can get 1 free WB..am i correct?

Posted by Ricky Lim Wei Yan > 2017-04-11 09:04 | Report Abuse

Shit,drop to 0.085

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-04-11 09:05 | Report Abuse

They are trying to push it up so that everyone will buy OR and subscribe...so they goreng kuat2...

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-04-11 09:08 | Report Abuse

As long as rapidcloud and Kgroup MOU is still in effect, the goreng will continue. Don't under-estimate the power of Alibaba and Jackma's trademark. Below 10 sen is still a good buy.

eatsmall

1,556 posts

Posted by eatsmall > 2017-04-11 09:09 | Report Abuse

ai kaˈɾamba..open red..

Posted by rmkfac100812 > 2017-04-11 09:11 | Report Abuse

i still dont understand how u can buy 1 and sell 2..
but i agree with u..

Posted by Ultrainvestor > 2017-04-11 09:12 | Report Abuse

rmkfac100812 Heya..good morning!

Pern1228, yes you are. Cannot remember about half subscribe if you can get half of a warrant B. Exercise price for warrant B is 0.05 only. That's why I thought kgroup wanted to capitalise on the MoU and support mother price at certain level.

人生几何 ~ 尽情博吧 , oh well, if that's how you think, then let it be lah. All of us haven't proven anything here haha.

Posted by Ricky Lim Wei Yan > 2017-04-11 09:12 | Report Abuse

Can today rebound to 0.115?

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-04-11 09:15 | Report Abuse

Buy now lah...buy on weakness.... drop time is a good time. Remember yesterday 8 sen is the support. It won't drop below 8 sen. So pick it up now.

Posted by Ultrainvestor > 2017-04-11 09:18 | Report Abuse

Exercise price for warrant A is RM0.1, so that is also money in the bank if mother price is way above RM0.1. Interesting game.

Posted by winwin5016 > 2017-04-11 09:20 | Report Abuse

Anyone can tell me how to cover ri to mother share

Posted by Terrence18 > 2017-04-11 09:24 | Report Abuse

tiongkeat i bought at 95cent, OMG..

Posted by Ultrainvestor > 2017-04-11 09:27 | Report Abuse

Ask your broker guys, and read the front page of the prospectus carefully. All the dates are there.

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-04-11 09:28 | Report Abuse

Why you buy...so worry? Remember IFCA rise from 10 sen to $1.80 due to GST? KGroup can rise from 8 sen to $1.00 due to Jack Ma. You just need to be patience. Now they are getting the funds coming. When they have money, they can work with Alibaba. So the business is going up and recovery mode now. It is only up up up...down is limited. Because they have already down from 29 sen to the lowest and now on the way up. Look at Trive. They dropped like shit down to a few sen ...nearly get de-listed...then they recover and now 16.5 sen. I think Kgroup is already recovered from the worst. They are having a healthy financial now. With the MOU with Alibaba...better things are coming. That is why they gap up yesterday to 11.5 sen. today just dropped a bit due to some profit taking, everyone panic like hell.

Posted by rmkfac100812 > 2017-04-11 09:30 | Report Abuse

I agree with u again Buy1sell2.

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-04-11 09:31 | Report Abuse

Just wait for the wave to come...like Johan....suddenly come after dropping a bit. Should break 11.5 sen if the sharks come in.

chris78

120 posts

Posted by chris78 > 2017-04-11 09:32 | Report Abuse

中國報-財經 2017年4月10日
K集團與憑單權證大熱 全日總交投近4億股
(吉隆坡10日訊)K集團(KGROUP,0036,創業板科技)上週與一阿里雲(Alibaba Clouds)于大馬的一授權經銷商簽署諒解備忘錄, 探討數字自由貿易區( DFTZ)的潛在商機,刺激母子股價大熱走高,交投過億,全場最熱.....

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-04-11 09:34 | Report Abuse

Translated...

China News - Finance April 10, 2017
K Group and vouchers war hot total daily turnover of nearly 400 million shares
(Kuala Lumpur 10) K Group (KGROUP, 0036, GEM) signed a Memorandum of Understanding with an authorized distributor of Alibaba Clouds in Malaysia last week to explore potential business opportunities for the Digital Free Trade Zone (DFTZ) , To stimulate the mother and son shares hot high, billions of dollars, the audience the hottest .....

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-04-11 09:44 | Report Abuse

I predict will break 10 sen very soon. Now it is just mild consolidation waiting for weak players to let go. Alibaba is now a very reputable company. Who rub shoulder with this giant will benefit handsomely.

Posted by christophertopher > 2017-04-11 10:11 | Report Abuse

Key Alliance Group Bhd is collaborating with enterprise cloud solutions provider RapidCloud (M) Sdn Bhd to explore and expand market potentials within the hosting and e-commerce industry.

Key Alliance, through its subsidiary DVM Innovate Sdn Bhd, signed a memorandum of understanding (MoU) with RapidCloud today.

RapidCloud as a cloud solutions provider currently hosting in excess of 10,000 small and medium enterprises (SMEs) and corporate clients, and is also one of the established resellers of Alibaba Cloud in Malaysia.

Salient terms to the MoU include both parties agreeing to the collaboration which shall involve but not be limited to a joint venture, revenue sharing and equity swap.

The agreement is to be finalised within 30 days of the MoU, it said in a filing to Bursa Malaysia today.

"The directors of KAG (Key Alliance) believe that necessary focus in this proposed collaboration will have a positive impact in future earnings of the group, in line with Malaysia's newly launched Digital Free Trade Zone,"

STOCK of Alliance.

richkid

8,140 posts

Posted by richkid > 2017-04-11 10:48 | Report Abuse

Exuberance of Jack Ma-related stocks on Bursa continues...


http://www.thestar.com.my/business/business-news/2017/04/06/ghl-among-top-gainers/

richkid

8,140 posts

Posted by richkid > 2017-04-11 11:04 | Report Abuse

Kgroup coming....

lclwyp

691 posts

Posted by lclwyp > 2017-04-11 11:06 | Report Abuse

tiongkeat, the last day of trading for OR is tomorrow. If you do not have plan to subscribe for the rights issue, sell it by tomorrow, else OR will become worthless

richkid

8,140 posts

Posted by richkid > 2017-04-11 11:13 | Report Abuse

Just buy mother and wa. No need to worry this and that.

Posted by winwin5016 > 2017-04-11 11:14 | Report Abuse

Hi!bro.how to pay money if i want to conver by online

Chris Kho

93 posts

Posted by Chris Kho > 2017-04-11 11:28 | Report Abuse

crazy ....

Posted by Terrence18 > 2017-04-11 11:34 | Report Abuse

OMG, low hit 0.075

tiongkeat

405 posts

Posted by tiongkeat > 2017-04-11 11:36 | Report Abuse

yealo.. cham i bot alot at 9 cent.. now kena

Posted by Terrence18 > 2017-04-11 11:38 | Report Abuse

it's take time to climb back 1.0... Tiongkeat, i bought at 95 cent. haha

hklcheng

1,317 posts

Posted by hklcheng > 2017-04-11 11:38 | Report Abuse

look like trap

richkid

8,140 posts

Posted by richkid > 2017-04-11 11:40 | Report Abuse

Why buy high sell low? Some people just panic...Based on the chart 8 sen should be the support.

yesyesyes

728 posts

Posted by yesyesyes > 2017-04-11 11:43 | Report Abuse

richkid buy a lots right ? hahaha ...

Posted by christophertopher > 2017-04-11 11:48 | Report Abuse

BUY MOTHER SHARE OF KGROUP BETTER.
SEDAP 7.5 CENT !

Posted by christophertopher > 2017-04-11 11:50 | Report Abuse

买“孩子”可以赚钱比较快,但是不稳。
买“妈妈”,赚钱比孩子来得慢一些,但是就是稳,人家救会想到的是“妈妈”

richkid

8,140 posts

Posted by richkid > 2017-04-11 11:52 | Report Abuse

You can see the lowest was 8 sen yesterday. So I expect some big rebound.

kakakemas

377 posts

Posted by kakakemas > 2017-04-11 11:52 | Report Abuse

buy lahhhhhhh if red

Posted by Silly_money > 2017-04-11 12:00 | Report Abuse

Profit taking activity, is normal. Later today or tomorrow should bounce back.

Posted by charles pang kah keet > 2017-04-11 12:02 | Report Abuse

later will drop back to 0:07sen.

richkid

8,140 posts

Posted by richkid > 2017-04-11 12:04 | Report Abuse

Expect a technical rebound at 8 sen based on yesterday support and volume which started at 8 sen to 11.5 sen and back to 9.5 sen. Now at 8 sen we are back level...so buyers are attracted to play 2nd round.

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