Posted by pang72 > 2020-07-16 23:02 | Report Abuse

See movie how this Ah Wong get iis project la..

Learn la..

Posted by pang72 > 2020-07-16 23:56 | Report Abuse

The Proposals have potential, subject to independent valuations, due diligence and finalisation of definitive agreements, to enable the shareholders of ALB to unlock the value of their investments in the Company and to participate in potential new businesses.

Posted by pang72 > 2020-07-16 23:56 | Report Abuse

look at it: potential new business------------------------iis??

Posted by Britishshorthair > 2020-07-17 07:47 | Report Abuse

Yah mandatory at 0.10 cents, look too good to be true. Price drop the moment limit up. whoever buy to limit up, into this "deal" at high risk. I already kena burn by connect. Buy only after they issue new shares to public.

Posted by pang72 > 2020-07-17 08:09 | Report Abuse

Is that mean 10c shares is to buy over 45% Ancom holding in ancomlb... Around rm21mils?

Posted by pang72 > 2020-07-17 08:10 | Report Abuse

If this is true then is, super hosei lo!!

Posted by Pershing > 2020-07-17 08:10 | Report Abuse

I gave timely warning about connect. That already history, the future is now with Alb. Myeg, Ancom are reputable and straight away suspend all their trading after signing HOA and make announcement immediately.

Posted by pang72 > 2020-07-17 08:14 | Report Abuse

Pershing,
Is the 10c shares to buy over ancomlb 45% stakes?
Is my interpretation correct?

So, they only inject S5 to the newco with certain fund raising activity?

Posted by pang72 > 2020-07-17 08:14 | Report Abuse

This way will push ancomlb over rm1. 00

Posted by TrendLai > 2020-07-17 08:32 | Report Abuse

10 c is only an indicative price for HOA, the involved parties can adjust the amount to ...,
whether they wah the future listed co to be penny stock or not.

Posted by investorbasi > 2020-07-17 08:39 | Report Abuse

agreed with @TrendLai. go read the news on the edge

Posted by investorbasi > 2020-07-17 08:39 | Report Abuse

agreed with @TrendLai. go read the news on the edge

Posted by investorbasi > 2020-07-17 08:41 | Report Abuse

@STFU should do what his name says lol. gonna start ignoring people in this forum only. buy if you want sell if you want. whatever value in the future win or lose accept it. people who dont see value in s5 is just brain dead that's all I have to say

Posted by skyap > 2020-07-17 08:56 | Report Abuse

OPEN LIMIT UP

Posted by TrendLai > 2020-07-17 08:57 | Report Abuse

IPO for any IT with profitable track record will not issue share to at 10c.
.
Just

Posted by TrendLai > 2020-07-17 08:58 | Report Abuse

Man man tan or tan Ku ku

Posted by bignate2019 > 2020-07-17 09:08 | Report Abuse

ALB will issue new shares to vendors based on 10 sen per share for the purchase of S5. They are the shareholders of S5, so price tag of shares is low to justify the risk that they take.

Then MGO. The price will be decided. Normally based on weighted average price. Dont worry how much price of shares issued to vendors. What is important MGO price.

Then will do private placement of new shares before open trading to public.

Posted by Pershing > 2020-07-17 09:30 | Report Abuse

They said they going to use independent valuer to determine the value. I think they will issue new shares to S5 so they will have majority and after that will call MGO for rest of the shares they didn't own ( again the valuation hasn't determine yet and I won't accept their MGO at whatever price) once S5 already in then the true valuation start kick in. The par value of 10sen not important, for example they can issue more share to S5 if valuer decide on higher price. People think they can get 10 sen is just ignorant the deals not for you and certainly the value of shell co i.e. Alb is about 5% value of S5, so they can't sell high to S5 but they knew they will ride on S5 success.

Posted by pang72 > 2020-07-17 09:39 | Report Abuse

Thank for explaination.
So, the 10c is indicative price. The price of issuance share will determine later.
This is important because S5 system minimun worth rm 900mils.

Posted by pang72 > 2020-07-17 09:40 | Report Abuse

I know how far ancomlb will go liao...

Posted by happyboy > 2020-07-17 09:52 | Report Abuse

all depends on volumn of share they issue

Posted by T800Terminator > 2020-07-17 09:53 | Report Abuse

10 ringgit?

Posted by pang72 > 2020-07-17 09:54 | Report Abuse

Yes, understand.
This is great deal and great Co.. S5 System
I am waiting this listed entity for years....

It is coming on board finally.

We got new toy as money making machines

Posted by pang72 > 2020-07-17 09:57 | Report Abuse

Hihi.... Can't rm10 la

Posted by pang72 > 2020-07-17 09:57 | Report Abuse

Let's it up la..

Later you will know how much...

Posted by happyboy > 2020-07-17 09:59 | Report Abuse

one thing very confirm, the existing alb shares holder lying down also making money

Posted by pang72 > 2020-07-17 10:05 | Report Abuse

Haha....
Yap.. Agreed

Posted by pang72 > 2020-07-17 10:10 | Report Abuse

A consortium between MyEG Services Bhd, HeiTech Padu Bhd and S5 Systems Sdn Bhd is among the frontrunners for the National Integrated Immigration System (NIIS).

Posted by bignate2019 > 2020-07-17 10:12 | Report Abuse

Technically if we dont accept MGO, will be automatically maintain shareholder of alb with a new business (providing e-govt solution). So vendors have to offer attractive price to entice alb shareholders to sell

Posted by pang72 > 2020-07-17 10:15 | Report Abuse

OK, I do t accept MGO either because I wait long to own this S5

Posted by pang72 > 2020-07-17 10:15 | Report Abuse

Keep till the S5 Listed and IIS awarded.

Posted by pang72 > 2020-07-17 10:18 | Report Abuse

90% investor does not know S5 now. So no one Facebook live of S5.
Glove hot hot daily..

It is ok. Supermx 2.00 time the same..

Wait till here be pasar malam like Supermx..

It will come not later than 6 mons..

Around 31Dec20...

Posted by happyboy > 2020-07-17 10:19 | Report Abuse

when the s5 news come out, straight limit up. means market ady know s5 power. is only no price supporting bcos lots buyer making profit also. no matter how, still need to wait alb become s5

Posted by Pershing > 2020-07-17 10:25 | Report Abuse

Don't worry how they going to do, I want you to look at this;

1. Similar biz Dsonic. Profit RM60M a year, Market Cap RM1.8B, P.e 31
2. S5/ ALB. Profit RM60M, Market Cap RM145m.
3. With existing biz alone ALB can jump to 12 x of current market cap.
4. That doesn't include niis RM1.5 Billion project and other biz from new govt.
5. Possible Market cap can reach to 3-4 Billion

Posted by pang72 > 2020-07-17 10:28 | Report Abuse

This group of genius stock gorengia lead by Ah Wong, certainly good show later..

Expected speedy complete the listing of S5 and announce the IIS awards to Ah Wong consortium..


S5 will jump man!!

Posted by Pershing > 2020-07-17 10:29 | Report Abuse

Price didn't jump yet because group are collecting, look their collection 7days before announcement, still are not enough.

Posted by Pershing > 2020-07-17 10:31 | Report Abuse

They will transfer to mainboard ASAP, then it will be Fund Manager darling stocks

Posted by pang72 > 2020-07-17 10:31 | Report Abuse

Step 1.. HOA of the RTO.. Done
Step 2.. Due diligence of S5 to determine valuation
Step 3.. Share issuance to buy S5
Step 4..MGO..
Step 5.....IIS award
Step 6.. Huat kau kau.. 31Dec20.

Posted by pang72 > 2020-07-17 10:33 | Report Abuse

Pershing, thank you..

Posted by ZoneFD > 2020-07-17 10:42 | Report Abuse

can get below 25cent!!

Posted by Pershing > 2020-07-17 10:47 | Report Abuse

I can comfirm this, they do not collect enough, all the while the target was connect. D minus 1- vol 218m, D-2 Vol 53m, D-3 Vol 25m and no volume before than. Yesterday after announcement-vol 775m.

Posted by Samtuckfatt > 2020-07-17 10:57 | Report Abuse

Hi Lershing, Ancomlb shares only 473Mil, yesterday 775M almost 1.6 times turnaround, what this indicate? As at now only 25Mil vol

Posted by pang72 > 2020-07-17 11:09 | Report Abuse

77.5mils againt 474mils.

Posted by pang72 > 2020-07-17 11:10 | Report Abuse

16% changed hand only..

This is the most can churn out...

You want more also can't

Posted by arfastrade > 2020-07-17 11:11 | Report Abuse

Is it too much if i asked it to close above 40c today?

Posted by pang72 > 2020-07-17 11:11 | Report Abuse

Ah Wong has 10% S5 only.
He want more also can't get..

Now is the best time for ah Wong to take over this S5

Posted by pang72 > 2020-07-17 11:12 | Report Abuse

I am expecting Ah Wong will buy more and more shares

Posted by pang72 > 2020-07-17 11:13 | Report Abuse

arfastrade Is it too much if i asked it to close above 40c today?
17/07/2020 11:11 AM

Not sure for today but it will be much more soon..

40c is too low

Posted by Pershing > 2020-07-17 11:14 | Report Abuse

Chart, collecting now, smart money in. Macd bullish above 0

Posted by pang72 > 2020-07-17 11:15 | Report Abuse

Ah Wong see 40c stock will fall on sleep..

It need to be much higher..

Group of billionaire here!

Need billions asset and shares!