Posted by kenneth3 > 2017-04-26 18:48 | Report Abuse

For a listed company to have rights issue to raise fund from the public there must be a purpose and with valid evidence in order to get the authority to approve.

If Kgroups' directors are so stupid to use this method for cheating the public funds then they are playing with fire as it will not only burn their own hands but also the whole company.

The terminology in market is buy when news not published and sell on strength when news announced.

Personally I don't think this company will go bankrupt anytime soon. It just a manipulation method by the directors to reduce the market share on the public before the rights issue traded unless there is something bad due to the company or management which the public not yet known.

Classic example like GHL System, the share price dropped drastically a day before the news announced. The implication behind is very significant as the major shareholders wanted to acquire more shares through the open market.

This statement is not to entice anyone to buy or sell Kgroup shares as it is for sharing purposes.

Posted by Unknown404 > 2017-04-26 18:51 | Report Abuse

Only fools will panic sell at this point. Apparently if the acquisition happens to take place, the face value will increase and boost the share price.

Posted by peja87 > 2017-04-26 18:52 | Report Abuse

sell to me..i will buy

Posted by tafaq > 2017-04-26 18:55 | Report Abuse

Yes same like biohldg...the share price drop before right issue...then after rights issue..the mother and the warrant spike within a month.....this take times..

Posted by Silly_money > 2017-04-26 19:05 | Report Abuse

Kenneth 3, agree on the directors part. None of the right minds will do that, as the business has so much potential to grow.

However, the offer of 2.5mil, not sure how it will work out.

Posted by KaiserYap > 2017-04-26 19:08 | Report Abuse

call me ignorant, but i dont think the turmoil happened these few days was due to shares dumping or sort of "falling knife" situation, Comcorp and Anzo cases would be more appropriate, just my 2 cents' worth

Posted by Unknown404 > 2017-04-26 19:09 | Report Abuse

pray that it continue to fall below its face value!

Posted by stncws > 2017-04-26 19:14 | Report Abuse

They push up the mother so that you think subscribe right can untung LOL!!

so now no untung lol!!

Buy ans keep Lol!

Posted by Susanoo > 2017-04-26 20:27 | Report Abuse

http://www.nst.com.my/business/2017/04/233963/kag-eyes-more-jobs-build-data-centres

Posted by Susanoo > 2017-04-26 20:39 | Report Abuse

KG offer is tempting...this bcause RCI paid up capital is only RM1.0 MIL..

Someone mention before shareholder fund is 6 MIL ++ this is a balance sheet item i.e assets minus liablities thats all

Somemore of course RCI shareholders will definitely want share swap with KG and they could be a announce a substantial KG shareholders and they could buy more shares in the market

Posted by Hanz93 > 2017-04-26 21:22 | Report Abuse

agreed with susano

Posted by wenlijianqinyun79 > 2017-04-26 21:26 | Report Abuse

April 26, 2017 @ 11:37am

KUALA LUMPUR: Key Alliance Group Bhd (KAG) , which aims to launch e-commerce businesses in the Digital Free Trade Zone (DFTZ) in collaboration with Alibaba reseller RapidCloud, may secure more jobs to build data centres in Selangor.

Sources said the company might win two contracts worth RM50 million in the current quarter to construct and manage data centres.


Last week, KAG received a letter of award from Avenue Escapade Sdn Bhd (AESB) to design, build and manage a data centre in Petaling Jaya.

The RM24.74 million contract will see KAG’s wholly-owned unit, DVM Innovate Sdn Bhd, deploy and manage the data centre infrastructure at Persoft Tower in Persiaran Tropicana, Petaling Jaya.

AESB owns the majority of Persoft Tower (previously Menara Luxor).

KAG said the deployment works were expected to take 15 months to complete.

According to the Malaysia Digital Economy Corp, the data centre market was expanding rapidly and had the potential to record US$224 million (RM981 million) in revenue this year.

There are currently 500,000 sq ft of data centre space in Malaysia and it is estimated
to exceed five million sq ft by 2020.

The DFTZ, meanwhile, is a brain child of Prime Minister Datuk Seri Najib Razak.

Last month, Najib signed a memorandum of understanding with Alibaba founder Jack Ma to launch the world’s first DFTZ in Malaysia.

The trade zone will likely boost e-commerce growth in the country to 20.8 per cent by 2020 from 10.8 per cent currently, and increase gross domestic product contribution to RM211 billion over the same period.

It is also estimated to support US$65 billion worth of goods moving through DFTZ, and create 60,000 direct and indirect jobs by 2025.

KAG told Bursa Malaysia yesterday that DVM Innovate had made an offer to acquire RapidCloud, a unit of Rapidcloud International Plc, which provides cloud-based building blocks for its clients to create and manage powerful business solutions online.

----------------------------------------------------------------------------------------------------------------------
TAHUN 2017 HANYALAH TAHUN PERMULAAN BAGI KGROUP YANG BAKAL
TERSERLAH PADA PERTENGAHAN HINGGA AKHIR TAHUN 2017.

BAKAL TAHUN YANG AKAN DATANG ,
BUKAN HANYA ADA 3 MOU YANG PERLU DITANDATANGANI OLEH KGROUP SAHAJA.
KGROUP AKAN LEBIH SIBUK PADA TAHUN AKAN DATANG.

DIRECTORS DALAM KGROUP MELIHAT PADA SUDUT PEMGEMBANGAN SYARIKATNYA,
KITA PULA DI SINI HANYA TAHU JUAL BELI BALIK, JUAL BALI BALIK (BERULANG-ULANG)
AKAN TETAPI, YANG PENTING MESTI ADA SATU KUMPULAN PENTADBIRAN DAN PENGURUSAN KGROUP YANG BIJAKSANA.
MEREKALAH YANG MELIHAT JAUH.
KITA HANYALAH MELIHAT UNTUNG BERATUS-RATUS/ BERIBU-RIBU RINGGIT.
眼观很要紧！

Posted by wenlijianqinyun79 > 2017-04-26 21:29 | Report Abuse

SEKARANG MASIH ADA PELUANG JUAL-BELI PADA PARAS HARGA 10 CENT.
TAHUN DEPAN NANTI , 30 cent-50 cent AKAN DINIAGAKAN DAN DIDAGANGKAN.

Posted by fishy > 2017-04-26 21:29 | Report Abuse

With reference to the article by NEW STRAITS TIME on 26 April 2017.

“Sources said the company might win two contracts worth RM50 million in the current quarter to construct and manage data centres.”

The Board of Directors of KAG wish to clarify that aside from what has been announced to the public to date, KAG GROUP is not involved in any discussion with reference to construct and manage data centres.

This announcement is dated 26 April 2017.

Posted by Unknown404 > 2017-04-26 21:39 | Report Abuse

Don't listen to anyone who here trying to ingrain you with false good news and cloud your judgment. If you feel you wanna cut losses, sell now before you regret your stubborn and irrational decision in future

Posted by hairi > 2017-04-26 21:44 | Report Abuse

Prudent managment

Posted by Sky Soo > 2017-04-26 21:53 | Report Abuse

History repeat for this stock. It might just go back around .05.

Posted by Silly_money > 2017-04-26 22:08 | Report Abuse

Given to current industrial transformation scenario, there is no way it could stay around .05, the worst is .07 (personal prediction). Other than that, it should be an uptrend.

人生, you really are lack of vocab, all you know is vulgar. I pity your expressions.

Posted by tafaq > 2017-04-26 22:13 | Report Abuse

if they want our money to expand the bussiness...the share price must go up to pay back the investor.... the insider/shark press down the price to get low...so they manipulate the situation...we as ikan bilis will shout the others the price go down...go down.... scare ohers....this not good....im feel sad to the one who buy 0.115/0.105/0.095...... the right issue is for risng fund to make KG profit....the mother price and the sons will fly together to attract the investor/trader....let the insider/operator play the game with the shit things....we are not them.....hold your share...the price will fly.... it take times...not tomorrow...not this week...maybe next month....who knows..

Posted by Sasisegaran Ratnasingam > 2017-04-26 22:32 | Report Abuse

Well said

Posted by Silly_money > 2017-04-26 22:34 | Report Abuse

Thanks tafaq

Posted by jayalbert > 2017-04-26 22:43 | Report Abuse

@tafaq, u talk sense.. V gud

Posted by Unknown404 > 2017-04-26 22:58 | Report Abuse

if you seek for short term investment, sell it now. If you seek for long term, hold it now and you wont regret next year

Posted by Timothy Yip > 2017-04-26 23:03 | Report Abuse

I really want to c ltr fly already what u can say haha. We will wait. Dont pity anyone. Its people decision. Mark ur word and waitt 人生. No offense.

Posted by tafaq > 2017-04-26 23:04 | Report Abuse

yes this counter is not for short term....

Posted by tafaq > 2017-04-26 23:16 | Report Abuse

tomorrw friday may be profit taking....for those who still hold...just hold...what ever price you in....something big coming...not only the RAPID cloud.

Posted by tafaq > 2017-04-26 23:31 | Report Abuse

人生几何 ~ 精明博吧 ::: but***h p*k hang!!!

Posted by BILLC > 2017-04-27 00:16 |

Post removed.Why?

Posted by Kien Fu > 2017-04-27 08:27 | Report Abuse

Do you guys think it will drop until 0.05 or even 0.04? even if drop until that level sure a lot ppl buying to keep. i believe it will drop until certain level it wont drop non stop.

Posted by Hanz93 > 2017-04-27 08:51 | Report Abuse

i think it'll drop till 0.05 to avoid massive selling when dilution occur... then it'll steadily rise up again..

Posted by richkid > 2017-04-27 08:51 | Report Abuse

This counter is very hard to play. Why? Because it is manipulated. The buy and sell queues are faked. Meaning it is controlled. You are lucky if you win money.

Posted by Mohd Rizal Bin Jaafar > 2017-04-27 09:19 | Report Abuse

ni kaunter tipu saya dah beritahu awal2 lagi pada 0.085, tak percaya juga ... tak pa beli lagi ... duit anda ... saya tak perlu sibuk2 have a nice day ... bye

Posted by Hwai Hooi > 2017-04-27 09:42 | Report Abuse

who selling so many stock?

Posted by Kien Fu > 2017-04-27 10:04 | Report Abuse

there are a lot ppl waiting price to drop until super cheap then everyone will chase buying, even big shark also have limited capital on hand,it maybe drop until 0.05 but no way to drop below cz when biding start higher no way for them to throw again, as they will loss gao gao also.

Posted by eatsmall > 2017-04-27 10:05 | Report Abuse

semalam sudah makan dedak...but cannot shit ..

Posted by sia1980 > 2017-04-27 10:32 | Report Abuse

i wait in 0.055 pool...c u all there...

Posted by i024466 > 2017-04-27 10:33 | Report Abuse

Still uptrend

Posted by oreaz > 2017-04-27 10:59 | Report Abuse

neverending .07 q

Posted by sean1985 > 2017-04-27 11:05 | Report Abuse

walao i kena gao gao liao. bought 0.75 !!!! ><

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

today market not good

Posted by LuckyStar99 > 2017-04-27 11:35 | Report Abuse

i wait at 0.045 pool haha..

Posted by Woo John > 2017-04-27 11:52 | Report Abuse

U look at the buying mode volume at 0.07 and supporting at huge q 0.065, the next rebound very soon. Just be patience......

Posted by Buy1sell2 > 2017-04-27 12:18 | Report Abuse

Trap kaw kaw....all newbies...never learn....

Posted by Muhamad HAnafi Ismail > 2017-04-27 12:20 | Report Abuse

Turning down..

Posted by Mohd Rizal Bin Jaafar > 2017-04-27 12:23 | Report Abuse

learn from mistake, I also learn from mistake ... jadikan sebagai pengajaran , main saham ni bukan senang nak buat duit, lagi satu jangan percaya dengan kata2 orang ... satu hari stok ni akan naik balik tapi bukan sekarang ...

Posted by miss_secret > 2017-04-27 12:23 | Report Abuse

wa,so scary! but I like this counter!

Posted by sia1980 > 2017-04-27 12:25 | Report Abuse

LuckyStar99, i withdraw from 0.055 & join u at 0.045 too...

Posted by The_Reds > 2017-04-27 12:28 | Report Abuse

Very interesting counter..playing with fire, money and mentality

Posted by jack0208 > 2017-04-27 12:29 | Report Abuse

Wondering who have so many stock to sell??. Million and Million non stop just to keep push down the price

Posted by sean1985 > 2017-04-27 12:31 | Report Abuse

sad........is time to collect lol