KEY ALLIANCE GROUP BERHAD

KLSE (MYR): KGROUP (0036)

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Last Price

0.01

Today's Change

0.00 (0.00%)

Day's Change

0.005 - 0.01

Trading Volume

331,500


6 people like this.

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

Chadoe

95 posts

Posted by Chadoe > 2017-08-15 18:01 | Report Abuse

I will attend the AGM and I will vote against the share consolidation. It is merely another round of taking our money and keeping it in their pockets. The new MD most probably won't stay long. They just needed an MD in time for the AGM. If the shares stay as they are, they will have to fight for their survival more and really work harder, and that is better to all the shareholders. Consolidation gives more room to manipulation and also more room for prices to drop further. There have been so many similiar cases in the past. But I'm sure they have already arranged for the numbers to be there on that day to vote the resolution through. Its really quite predictable if you study what they are doing. Right now , the thing thats killing them should be the loan repayments and meeting their commitments. Just hoping it doesn't get delisted. If it does then all can tapau back already including this chat. There will be so many question for the board on the AGM.

Posted by Muhamad HAnafi Ismail > 2017-08-15 19:05 | Report Abuse

dont forget; they need to aprove Director Fees about RM240k.. dont vote it.. hehehe

http://www.malaysiastock.biz/Company-Announcement.aspx?id=989667

Explode

1,171 posts

Posted by Explode > 2017-08-15 20:03 | Report Abuse

@Chadoe same with me

Alex Foo

12,594 posts

Posted by Alex Foo > 2017-08-16 10:42 | Report Abuse

@聚宝盘

kgroup can short sell?

sitia

1,261 posts

Posted by sitia > 2017-08-16 18:06 | Report Abuse

Let's see the shareholders here have power to vote against the Directors.

These Directors made money so easily and with no result oriented to punish them.

I think I must get my kids to be Directors one day.

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-08-17 00:10 | Report Abuse

If you are a mouse trapped in a mouse trap what do you do? Wait lor. Wait for lubang to escape. Don't go and bang your head to the cage and make yourself injured. Just wait patiently...Once they want to open the cage to kill you, you better escape. There will be a time they have to open up the gate. See the timing to escape. I bet there will be one time push to escape. Wait patiently for that opening. I bet there will be a quick rally to push up the price for some people to escape before they close the door for good. Just wait for your chance to escape.

Posted by charles pang kah keet > 2017-08-17 10:54 | Report Abuse

alibaba cloud with k group have cooperation the new buisness, hope will goreng back the shareprice at 0:055sen-0>08sen distance. thanks.

Posted by wakeupcall > 2017-08-17 11:16 | Report Abuse

It's already dead. With that low volume, they only need less than RM200k to eat up 0.03 and push it up to 0.035, but don't think they would wanna bother since money in own pocket always better. Instead they queue up and block at 0.025 to force all ikan bilis buy at 0.03.

Explode

1,171 posts

Posted by Explode > 2017-08-17 11:23 | Report Abuse

@wakeupcall, need fundamental to support, it is easy for them to eat up 0.03, 0.035, 0.04... but ppl will still throw it..

Posted by wakeupcall > 2017-08-17 11:28 | Report Abuse

Yes true. That's why they wait till not many asking at 0.03, they withdrew all bidding queue at 0.025 thus prices would slash further to 0.02-0.025... Same trick how it drops from 0.05 till now... Else I could not explain how could the bidding queue so huge while asking queue so little could drop so much..?

Posted by wakeupcall > 2017-08-17 12:24 | Report Abuse

Hahaha... You again, told you it's better to put FD rather than wasting time on this company. Why so forgetful..? Ooops, sorry, think you deleted your own comments to forget on purpose... Hahaha...

Posted by wakeupcall > 2017-08-17 13:02 | Report Abuse

Errr... Now I'm worried indeed... With all due respect if I've given you the impression of worrying you, I'm sorry... Errrrrrrr... Glad to know your mom puts her money in FD too..? Man this really sound awkward... ^^"

Explode

1,171 posts

Posted by Explode > 2017-08-17 13:05 | Report Abuse

who will attend AGM, please raise your hand.

me +1

Alex Foo

12,594 posts

Posted by Alex Foo > 2017-08-17 13:07 | Report Abuse

polycarp

so sapu at 2sen?

Explode

1,171 posts

Posted by Explode > 2017-08-17 14:15 | Report Abuse

maybe before agm, goreng till 0.100? who know? hahahaha....dream

Posted by Sasisegaran Ratnasingam > 2017-08-17 15:07 | Report Abuse

Im coming for agm

Posted by Sasisegaran Ratnasingam > 2017-08-17 15:08 | Report Abuse

Hold tight strong hands, will zoom , dun panic n sell

Explode

1,171 posts

Posted by Explode > 2017-08-17 20:34 | Report Abuse

Let's gather our power together

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-08-18 08:07 | Report Abuse

http://thestar.com.my/business/business-news/2017/08/17/alibaba-beats-on-earnings-as-e-commerce-remains-core-revenue-driver/

Relax. Wait for Kgroup to grow big like Alibaba. Be patient. This is the worst time to sell and best time to buy. Look at oil price. It dropped below $30 and everyone was selling when they should have bought. Kgroup looks like dying and many are selling when they are losing their pants and underwear. So why still selling? Panic of course. When it drops, everyone sells. I lost 50% already paper loss and still holding. Die already. But what can I do? Sell now and lose or hold. The gamble is on Alibaba to stretch a hand to help Kgroup because E-commerce is a money making model. So if Kgroup can start making money soon, the stock will rise very fast. Just wait and see.

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-08-18 08:08 | Report Abuse

E-commerce is a big business. Kgroup should tap in fast and give investors some confidence.
http://www.thestar.com.my/business/business-news/2017/08/17/malaysias-e-commerce-industry-now-a-rm24pt6bil-business---iprice/
I hope some big funds should come in and buy Kgroup.

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-08-18 08:14 | Report Abuse

Kgroup just need to rub shoulder and learn from big brother Alibaba instead of keeping quiet and making losses every quarter. They should be aggressive because money don't come from the sky or cloud unless you go and tap into it. Many bought Kgroup hoping it will become another Alibaba. I was one of them. I lost but as long as I am still holding, I still actually did not lose yet until the moment I sell or give up. If it can rally up next year it is good for me as I got the holding power until 2020.

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-08-18 08:16 | Report Abuse

Buy and hold is not a good strategy but when the company is starting, there will be a time it is making losses and trying to break even. So during this period it is the test of endurance. See who can hold can buy at this cheap price. Anyone got 2.5 sen? I think good price to go in. We got it at 5 sen. So 2.5 sen is a 50% discount sale.

Fakao Yu

98 posts

Posted by Fakao Yu > 2017-08-18 12:40 | Report Abuse

Drop to drain and never come back.
Confirm a dead stock now.

Posted by Muhamad HAnafi Ismail > 2017-08-18 12:50 | Report Abuse

sleep 1st

buzzcock

79 posts

Posted by buzzcock > 2017-08-18 16:30 | Report Abuse

Don't know how to read chart ka? It's clearly shows every 3 to 5 years, this stock will start play the game. History doesn't lie.

If you already bought, just hold it 3 - 5 years to come 0.10+ cent back. No need to panic. If you can hold, close your eyes and keep holding it tight. Nothing wrong with that. The time will come.

And, for those who still don't buy yet, just go find other stocks.

But, if it can come back within these 12 months, it is just a bonus. Phewww, lucky lor :D

That's why you can't dump all your money in a single stock. Anything happens like this stock, you start panicking as hell.

No worries, just follow your trading plan. Cheers!

tecpower

3,536 posts

Posted by tecpower > 2017-08-18 16:37 | Report Abuse

Which is better to buy Anzo or Kgroup? Anzo may be better.

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-08-18 18:09 | Report Abuse

Lousy Anzo dropped from 60 sen to 10 sen. But Kgroup drop from 10 sen to 2.5 sen is not good either. So which is better? The devil or the deep blue sea? You choose. Either way also stucked and lose kaw kaw. No need to see. Just die die wait for the trap door to open. Then we rush out. hahaha...

Posted by Sasisegaran Ratnasingam > 2017-08-18 18:16 | Report Abuse

Well said buy1sell2

Posted by Sasisegaran Ratnasingam > 2017-08-18 18:16 | Report Abuse

Im in the same boat as u

Posted by Sasisegaran Ratnasingam > 2017-08-18 18:17 | Report Abuse

Mati mati hold only, playing other stocks

Explode

1,171 posts

Posted by Explode > 2017-08-18 18:17 | Report Abuse

We refer to our announcement dated 19 May 2017 (“Announcement”). Unless otherwise stated, the terms used throughout this announcement shall have the same meanings as defined in the Announcement.

The Board of Directors of KAG is pleased to announce that the Proposed Acquisition of Progenet Sdn Bhd has been completed.

This announcement is dated 18 August 2017.

Explode

1,171 posts

Posted by Explode > 2017-08-18 18:18 | Report Abuse

Pursuant to Section 129 of the Companies Act, 1965, Gen (R) Tan Sri Abdul Rahman Bin Abdul Hamid who is over the age of 70 years, was re-appointed as Director of KAG by the shareholders at KAG’s 13th Annual General Meeting (AGM) held on 03 June 2016, to hold office until the conclusion of KAG’s 14th AGM to be held on 25 August 2017.

With the implementation of the Companies Act 2016 on 31 January 2017, there is no longer an age limit for Directors.

KAG hereby wishes to announce that the Board of Directors had resolved vide a circular resolution dated 18 August 2017, pursuant to Article 125 of Articles of Association, Gen (R) Tan Sri Abdul Rahman Bin Abdul Hamid to continue in office as Director of KAG without any lapse of time when his term of office ends at the conclusion of the 14th AGM.

This announcement is dated 18 August 2017.

Rio2814

1,942 posts

Posted by Rio2814 > 2017-08-18 20:20 | Report Abuse

How the Progenet provide the impact on the price movement?

MoneyUp888

842 posts

Posted by MoneyUp888 > 2017-08-19 12:47 | Report Abuse

Polycarp you should go preach your religion somewhere else. This is an investment forum not a religious site.

Striker90

2,617 posts

Posted by Striker90 > 2017-08-19 16:04 | Report Abuse

This is deadfish, unless quarter results jump

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-08-20 08:41 | Report Abuse

We know we are stuck here in the quick sand. So don't struggle or go deeper. Just relax and wait for rescuer to come...hopefully...something good will happen. Remember there will be an election rally next year. There will be a time this stock will rally. Just wait. Nothing can be done now.

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2017-08-20 08:45 | Report Abuse

Hold is the answer. I saw many stock...hold then it rebounded. The consolidation is not shrinking the share. It is just make it smaller so that less liquid. Dilution is worst. More sellers. When it consolidated it is less...means can push up faster. So relax. The price will jump up 4X...and easier to push up as the volume decrease 4X also. Means 400 lots becomes 100 lots. But 3 sen can becomes 12 sen...and later 20 sen because the volume is lesser....the push is faster. Just like you go pasar malam...you sell 1 bunch for $1. Now you bundle it into 10. And sell it at 1 for $10.

jk37

81 posts

Posted by jk37 > 2017-08-20 11:17 | Report Abuse

Buy1sell2, really impress to your optimistic. Hope the good coming soon as u said

Posted by Sasisegaran Ratnasingam > 2017-08-20 12:33 | Report Abuse

Buy1sell2- betul apa u cakap, so hold tight

Posted by Muhamad HAnafi Ismail > 2017-08-20 17:03 | Report Abuse

thats intresting what you said buy1sell2.. hope will be rebounce.. and we can out and go away from this counter

sean1985

277 posts

Posted by sean1985 > 2017-08-21 12:07 | Report Abuse

wooh, someone keep buying kgroup share. shark coming back????

ZHAO

874 posts

Posted by ZHAO > 2017-08-21 12:56 | Report Abuse

K集团主要负责电子商务设计、电子与少纸、数据储存、电子钱包、云端计算、手机程式等项目。
(.马云说DT的时代是趋势.)会是kgroup 吗? Wakaka

Rio2814

1,942 posts

Posted by Rio2814 > 2017-08-21 14:43 | Report Abuse

K Group is mainly responsible for e-commerce design, electronic and paper, data storage, electronic wallet, cloud computing, mobile phone programs and other projects.
(Ma said that DT is the trend of the times.) Will it be kgroup? Wakaka

Diet Pang

47 posts

Posted by Diet Pang > 2017-08-21 16:35 | Report Abuse

Luckily I'd Failed to queue in on 0.06 ... dead counter now.

sitia

1,261 posts

Posted by sitia > 2017-08-21 23:12 | Report Abuse

gila...ops.

Posted by wakeupcall > 2017-08-22 11:16 | Report Abuse

Everyday there's huge different between the bidding and asking volumes, yet not much transaction done, at this so call "bargain" price even the directors don't seem confident with their own company's shares and buy back... If there's no good news at AGM, confirm drop further.

polycarp

1,991 posts

Posted by polycarp > 2017-08-22 12:30 | Report Abuse

 Posted by Silly_money > Aug 12, 2017 12:20 PM |Report Abuse 

Letting go rapidcloud is not a bad thing. I think they have restructure their plan, instead of acquiring a shell company holding distribution right for Alibaba cloud is not good enough, the highlight is Progenet. The fact that they acquired progenet and engage Ong Gim Chair, has shown their commitment into ICT. There shall be new business plan coming up soon. 

If you study the company with potential is really progenet and their directors

Progenet's existing business will provide synergistic and leveraged opportunities for Key Alliance to expand its ICT exposure into Digital Free Trade Zone-based e-commerce industry, and provide it with an established platform to handle cloud computing and data centre business.

Alex Foo

12,594 posts

Posted by Alex Foo > 2017-08-22 17:31 | Report Abuse

wah, if buy 2.5sen, sell 3sen, huat 20% already!

Chadoe

95 posts

Posted by Chadoe > 2017-08-22 21:21 | Report Abuse

One simple question which is the most basic of questions. Why did Dato Goh resign as MD if he knew the future plans , acquisitions and had confidence in seeing the price go up? He would have had access to all plans and financial forecasts and results.

ZHAO

874 posts

Posted by ZHAO > 2017-08-22 21:32 | Report Abuse

Because New MD New most Power Plan. Wakaka

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