Posted by Ultrainvestor > 2017-03-23 12:28 | Report Abuse

Haha that too CharlesT. Any solid news will just be the cherry on top.

Posted by PenguinDad > 2017-03-23 12:45 | Report Abuse

sound yummy.

Posted by tongseng > 2017-03-23 12:46 | Report Abuse

efficen is very geng, fly 100percent up

Posted by MRTayHi > 2017-03-23 12:56 | Report Abuse

If you see the client list, KLIA/KLIA2 is one of them. Where will the new ALIBABA distribution hub be? ITS KLIA/KLIA2!!! With distribution hub so big there, how to feed so many people? CUSCAPI will come into play here!

Posted by maelxpdc > 2017-03-23 13:57 | Report Abuse

next xox and m3tech..wait for it..hehe..signal since monday..

Posted by Ukra > 2017-03-23 13:58 | Report Abuse

1 more pls ;p

Posted by de_investor > 2017-03-23 15:55 | Report Abuse

this counter follow DPREP....

Posted by Ultrainvestor > 2017-03-23 15:59 | Report Abuse

Haha, the volume traded for mother is already 20% of the total shares issued and the son is 73% of shares issued!

Posted by Lee Harvey > 2017-03-23 19:09 | Report Abuse

if this counter so good, why making loss many years?

Posted by sheep > 2017-03-23 20:46 | Report Abuse

Many kena trap

"On behalf of the CUSCAPI Board, Affin Hwang IB wishes to announce that the Board has on 23 March 2017 ("Price-fixing Date") fixed the issue price for the first tranche of the Proposed Private Placement comprising 43,500,000 Placement Shares at RM0.223 per Placement Share ("Issue Price").

The Issue Price represents a discount of approximately RM0.0239 or 9.68% to the five (5)-day volume weighted average market price of the Cuscapi Shares up to and including 22 March 2017, being the last market day immediately preceding the Price-fixing Date of RM0.2469 per Cuscapi Share.

This announcement is dated 23 March 2017."


Tomorrow price sure gap down to 0.24

Posted by Pavillion > 2017-03-23 21:23 | Report Abuse

Tmr Jack Ma say bye bye...all Alibaba Rally will die off. This rally are stupid...nobody sign any contract with them....except Cimb, Mahb and govt agencies.....the companies also blurred on how to approach. ..still early.. early stages.

Posted by BrahmaBull > 2017-03-23 21:41 | Report Abuse

suddenly many people came here and praise CUSCAPI, some people talk shit about this counter last month & advice people to not invest here because this counter is not good their said..today same people get exited and tell others to invest here..my humble advice don't get to excited, always chase low and sell high, not chase high and dream to sell very high

Posted by BrahmaBull > 2017-03-23 21:50 | Report Abuse

today high is 0.400 but closed at 0.315 only? im not try to scare people here, if tomorrow continue going up then im happy for you guys..but remember every counter will drop for retracement..just a matter of time

Posted by BrahmaBull > 2017-03-23 21:57 | Report Abuse

i will only make my 3rd entry on this counter when it's make a retracement..until then i just monitor how far it can goes

Posted by Ultrainvestor > 2017-03-23 22:04 | Report Abuse

Haha..chill guys, I don't see anyone praising this counter after the rocket up. Everyone was rather intrigued and hence the discussion. Not one said this was a good counter except for those who have been here for long :).
And there's no need to be so salty about the price boost. If you snagged some profit good for you. If you lose, try again.
The power of sentiment like this should never be underestimated especially if it's gonna attract foreign fund.
It doesn't work like that sheep. It's not yet placed even. Even after the placement, yes there will be dilution, but the total no of shares issued will still be less than 500 million units. And usually, when they've made announcement like that, they are close to identifying a buyer. Question is who.
And no I don't own Cuscapi shares :) .

Posted by ccs999 > 2017-03-23 22:09 | Report Abuse

Insider news said myeg director is buying and waiting for acquisition.

Posted by sheep > 2017-03-23 22:13 | Report Abuse

will wait for heavy volume (T+3)to clear next week....

Posted by Ultrainvestor > 2017-03-23 23:36 | Report Abuse

Monitoring close close on this one.."On top of that list is Malaysia Airports Holdings Bhd (MAHB). What has been revealed is that MAHB will partner Alibaba to develop the regional e-commerce and logistics hub in KLIA Aeropolis, the planned integrated airport city. And there’s the part about Pos Malaysia Bhd getting involved and two Malaysian banks teaming up to bring AliPay to this part of the world.

Read more at http://www.thestar.com.my/business/business-news/2017/03/23/executing-it-right/#gZkszO1kuRtkK87h.99"

Posted by Pavillion > 2017-03-24 07:52 | Report Abuse

http://www.theedgemarkets.com/my/article/cuscapi-prices-private-placement-shares-big-discount

Posted by Abu Bakar > 2017-03-24 08:53 | Report Abuse

http://www.theedgemarkets.com/my/article/penny-stock-software-counters-spike-after-alibabas-overseas-e-commerce-malaysian-hub#.WNNSTDOliq4.twitter

Posted by sheep > 2017-03-24 09:08 | Report Abuse

cuscapi involved?

Posted by Pavillion > 2017-03-24 09:09 | Report Abuse

Habis...going for 22sen

Posted by Ultrainvestor > 2017-03-24 09:49 | Report Abuse

Oh well.. I guess we'll have to wait a bit longer for another opportunity to grab more at discounted prices.

Posted by Ultrainvestor > 2017-03-24 10:03 | Report Abuse

The Edge's article is misleading in my opinion. The private placement price only takes the weighted market average price up to 22nd March 2017. On the 22nd, the closing price was 0.24 sen. The 10% discount only applies to the selected 5 days period up to 22nd March 2017. If compared to the price after that, of course it is higher because it was pushed up. But why?

Posted by Ultrainvestor > 2017-03-24 10:04 | Report Abuse

The 10% discount is what Bursa says is allowed. So it's normal. Such misleading title.

Posted by mandee > 2017-03-24 10:23 | Report Abuse

oh how ah for those yesterday chased high now drop back ..... Monday even lower and lower

Posted by MRTayHi > 2017-03-24 10:24 | Report Abuse

In my opinion, the higher price is even better as they raised over RM9 million instead of earlier estimate of RM5-7 million. Extra RM2 million CASH and placed out successfully is a good sign.

Posted by Ultrainvestor > 2017-03-24 10:31 | Report Abuse

I'm not too bothered about the placement. If the fund helps to facilitate improvement + fixes the company account and brings in a strong shareholder, just proceed. Just wondering why the price was immediately pushed up after the 22nd March.

Posted by maelxpdc > 2017-03-24 11:28 | Report Abuse

don't miss the boat..XOX

Posted by MRTayHi > 2017-03-24 11:40 | Report Abuse

People see the opportunity that's all. I am not into this counter so not so interested

Posted by Ultrainvestor > 2017-03-24 11:45 | Report Abuse

Haha ya. I'm also waiting.

Posted by stockmanmy > 2017-03-24 11:49 | Report Abuse

a counter like this....any money from a private placement is good thing.

more money means can fight longer.

Posted by Ultrainvestor > 2017-03-24 12:08 | Report Abuse

Agreed, they are bringing revenues in, about 9-11 mill per quarter. Just that it's not enough to be profit-making. Hence why I'm keeping this on close monitor, just in case..hehe...new development which might boost their revenue+profit :P .

Posted by newbie > 2017-03-24 19:45 | Report Abuse

If drop again next week, what best to buy and keep?

Posted by Ultrainvestor > 2017-03-25 08:57 | Report Abuse

I don't know newbie, pray that those who drove the price up have some mercy and maybe push the price back up a bit to release the trapped ones. As for trading ideas, there's a few articles around which suggested some ideas based on fundamental or technical analysis and then there's the ideas from your banks.

Posted by hklcheng > 2017-03-25 11:42 | Report Abuse

nextweek wont drop much, wil stay ard 28-30,,,wil wait for any news for following weeks....

Posted by bowman > 2017-03-26 12:05 | Report Abuse

Joining this conversation late, but I wont discount this logic at all.
http://klse.i3investor.com/blogs/cuscapi/118964.jsp

Posted by Ultrainvestor > 2017-03-26 14:49 | Report Abuse

I won't discount the logic because the price jump in one day was too big and too sudden and short-lived if compared to other purely goreng stocks which usually move 0.015-0.025 in one day.

Posted by zhangliang > 2017-03-26 18:23 | Report Abuse

Look forward to a better next week!

Posted by Rynn Jer > 2017-03-27 08:43 | Report Abuse

Is it okay for me to catch up by today ?

Posted by bowman > 2017-03-27 09:04 | Report Abuse

I think the BoD could be planning something big, Ultrainvestor. Like you said, the jump was too big for the goreng stocks. Someone just acquired big, and stopped when had enough. The psychology is that the buyer/s is/are not wasting time to wait and see. So, I have strong reasons to keep this stock and bet on an uptrend

Posted by Ultrainvestor > 2017-03-27 14:56 | Report Abuse

Yes, that's the psychology that I had in mind. A big gulp and that's that. No effort to block, or to choke. Just followed by day punters who probably ran off after 1-2 bid profit.

Posted by bowman > 2017-03-27 15:39 | Report Abuse

Let's wait and see. This morning, something interesting happened to push it. Another reasonably big gulp and then stop as prices slumped.

Posted by newbie > 2017-03-27 23:51 | Report Abuse

It is just a short movie show today

Posted by BigPro > 2017-03-28 09:37 | Report Abuse

newbie, "It is just a short movie show today" How do you know ?

Posted by Ultrainvestor > 2017-03-28 09:40 | Report Abuse

tempted to buy now...but we'll see how low will it go :P .

Posted by Ultrainvestor > 2017-03-28 10:40 | Report Abuse

Someone I know who's into technical analysis told me that the pattern "rounding bottom/saucer" formed in the weekly chart for Cuscapi is really really 'beautiful'. Just waiting its turn to shine. Sharing because I thought I saw it moved just now.

Posted by bowman > 2017-03-28 11:15 | Report Abuse

No rounding saucer. It cannot form because the highest volume was at 40 sen reached day. No basis for a rounding saucer - yet unless it moves back to 40sen.

Posted by Ultrainvestor > 2017-03-28 11:22 | Report Abuse

According to him the rounding bottom is formed already. Uptrend starts somewhere in January 2017. Before that it has been sideways since Aug 2015. It got through the resistance at 0.26. Some might see a cup and handle.

Posted by bowman > 2017-03-28 12:08 | Report Abuse

nope, no cup nor handle. saucer also not seen either. but as long as it's not banana leaf plate, can hope for better