CUSCAPI BHD

KLSE (MYR): CUSCAPI (0051)

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Last Price

0.19

Today's Change

+0.005 (2.70%)

Day's Change

0.185 - 0.19

Trading Volume

749,700


12 people like this.

5,195 comment(s). Last comment by garychee8 2 months ago

hklcheng

1,317 posts

Posted by hklcheng > 2017-11-01 11:29 | Report Abuse

later 12:15pm KBOOM....to 50 sen

noobbie

1,122 posts

Posted by noobbie > 2017-11-01 11:32 | Report Abuse

lets rockkk

wops

338 posts

Posted by wops > 2017-11-01 11:49 | Report Abuse

like retreat leh

Alliswell

504 posts

Posted by Alliswell > 2017-11-01 11:54 | Report Abuse

Making ppl panic sell

Bratt

235 posts

Posted by Bratt > 2017-11-01 11:58 | Report Abuse

Jack Ma likes to hold control on his operations. Why would he need to collaborate with local entities when Alibaba has superior technologies in all aspects of IT like data solutioning, electronic billing, payment gateways, and Saas? Jack also has connection to the Malaysian Govt (having dined with Najib several times in Malaysia and China). Are we saying a super Alibaba needs to work with companies which are losing money and tens of thousands times smaller than itself? I am puzzled.... in fact I think Alibaba will be a threat to Malaysian small IT companies?

meisarel

654 posts

Posted by meisarel > 2017-11-01 12:13 | Report Abuse

Bratt, if your view holds water then all local IT companies should go under water la.

But look at Eforce, Myeg, Ghlsys, Efficen etc. They are thriving instead. Plus, they grow even more ever since the Jack Ma wave came to our shore late last year.

Conclusion: it is the opposite of what you are suggesting

secret2win

840 posts

Posted by secret2win > 2017-11-01 15:04 | Report Abuse

Thank you wong and Jeya

Posted by Mohd Fahmi Bin Jaes > 2017-11-01 15:30 | Report Abuse

Jack ma arive

Alliswell

504 posts

Posted by Alliswell > 2017-11-01 16:03 | Report Abuse

Why it's down?

wops

338 posts

Posted by wops > 2017-11-01 16:03 | Report Abuse

droping lor

secret2win

840 posts

Posted by secret2win > 2017-11-01 16:10 | Report Abuse

Buy buy buy cheap sales now

Alliswell

504 posts

Posted by Alliswell > 2017-11-01 17:11 | Report Abuse

It won't drop ... I'm sure of tat

Posted by Lee Gook GookLee > 2017-11-01 18:06 | Report Abuse

it dropped ? i dont see any drop. i only know for sure today closing price is higher than yesterday's. Same result , but if you view it differently, you will get different perspective... probably u are just not suitable for this stock. you need sth that up up up and up every hour haha

meisarel

654 posts

Posted by meisarel > 2017-11-01 18:58 | Report Abuse

Good closing after all the panic from yesterdays Subscription termination.

I believe thosw who panic sold already.

Clearly this stock is uptrending. Higher highs, higher lows!!

Alliswell

504 posts

Posted by Alliswell > 2017-11-01 19:10 | Report Abuse

Hope for another high tmr!!!

Bratt

235 posts

Posted by Bratt > 2017-11-01 21:06 | Report Abuse

Can anyone tell me why was the subscription terminated in the first place?

dxbman

900 posts

Posted by dxbman > 2017-11-01 21:07 | Report Abuse

Maybe Jack Ma want to subscribe?

Imformed

421 posts

Posted by Imformed > 2017-11-01 22:10 | Report Abuse

tomorrow hit 0.480

Orange88

4,181 posts

Posted by Orange88 > 2017-11-01 23:08 | Report Abuse

Mohd fahmi jaes you are SELLING FAKE NEWS about the venerable Jack MA.

Orange88

4,181 posts

Posted by Orange88 > 2017-11-01 23:11 | Report Abuse

Dxbman stop having wet dreams about Jack MA. Cuscapi in danger of massive tumble after terminating share placement, SELL FAHMI SELL

Posted by Lee Gook GookLee > 2017-11-02 07:45 | Report Abuse

yeahhhhhh.... jack ma is coming on board !!!! yeahhhhh

Posted by Mohd Fahmi Bin Jaes > 2017-11-02 08:56 | Report Abuse

Jack ma

Posted by Mohd Fahmi Bin Jaes > 2017-11-02 10:00 | Report Abuse

Tp 0.52

Orange88

4,181 posts

Posted by Orange88 > 2017-11-02 11:11 | Report Abuse

MohdFahmi sell now. run!

Orange88

4,181 posts

Posted by Orange88 > 2017-11-02 11:13 | Report Abuse

Guys tell me how price can hold now that big private placement for fund raising is now off

Orange88

4,181 posts

Posted by Orange88 > 2017-11-02 11:14 | Report Abuse

Jack MA will go to fahmi n dbxman punya open house today

pretty_life

4,810 posts

Posted by pretty_life > 2017-11-02 11:37 | Report Abuse

Steady down...afternoon will down more or up more? Hahha

lasertx3

33 posts

Posted by lasertx3 > 2017-11-02 13:12 | Report Abuse

up

cicakman

7,800 posts

Posted by cicakman > 2017-11-02 13:36 | Report Abuse

It will close much higher as profit taking well absorbed.

vxpoison

1,906 posts

Posted by vxpoison > 2017-11-02 14:10 | Report Abuse

We refer to the announcements dated 10 October 2017 and 31 October 2017(“Announcements”).

(Unless otherwise defined, the abbreviations used throughout this announcement are the same as those previously defined in the Announcements.)

The Board wishes to announce that the Subscription Agreements were entered by Cuscapi with the 4 investors independently and the agreement are not inter-conditional to one another.

Subsequently, UQS, being the largest investor express concerned over the issuance of additioan shares to the other 3 investors.

After engagement with UQS, Cuscapi held discussions with the other 3 investors who agreed to mutually terminate their respective subscription agreements with Cuscapi.

As a result of the above, the total gross proceed from the propose issuance will be reduced from RM79.8 million to RM53.2 million. The revised utilization of proceeds will be as follow:-

Working capital RM 6,000,000 Within one year

Business expansion RM46,500,000 Within two years

Estimated expenses RM 700,000 Within one year

This announcement is dated 2 November 2017.

pretty_life

4,810 posts

Posted by pretty_life > 2017-11-02 14:21 | Report Abuse

Later will goreng up ?

Asria

263 posts

Posted by Asria > 2017-11-02 14:22 | Report Abuse

how you know?

secret2win

840 posts

Posted by secret2win > 2017-11-02 14:23 | Report Abuse

Good announcement

Posted by Mohd Fahmi Bin Jaes > 2017-11-02 14:24 | Report Abuse

Secret

secret2win

840 posts

Posted by secret2win > 2017-11-02 14:25 | Report Abuse

Goreng up or not is just matter of time
I know got ppl collecting

If contra, take your own risk

Winmore88

1,165 posts

Posted by Winmore88 > 2017-11-02 14:30 | Report Abuse

tmr is jack ma day, if operator didn't grab this opportunity to goreng up really something wrong dy, Jack may not everyday also at Malaysia

pretty_life

4,810 posts

Posted by pretty_life > 2017-11-02 14:47 | Report Abuse

Game over liao...sell down...sigh

k6ii

1,873 posts

Posted by k6ii > 2017-11-02 15:18 | Report Abuse

What is the annoucement means for? Jack Ma masuk?

Posted by Lee Gook GookLee > 2017-11-02 15:36 | Report Abuse

good lo. as i mentioned before, the big boss mau kick out non contributors from the placement. he mau main sendiri everything haha. i love his move. pressure the co to kick that 3 poor man out hahahaha.

simple straight forward and clear cut announcement:

Subsequently, UQS, being the largest investor express concerned over the issuance of additioan shares to the other 3 investors.

After engagement with UQS, Cuscapi held discussions with the other 3 investors who agreed to mutually terminate their respective subscription agreements with Cuscapi.

nice one.

WM Niaga

1,406 posts

Posted by WM Niaga > 2017-11-02 15:37 | Report Abuse

tomolo wil fly up lo..!!!

pretty_life

4,810 posts

Posted by pretty_life > 2017-11-02 15:44 | Report Abuse

So is up or down? Can limit up?

Posted by Lee Gook GookLee > 2017-11-02 15:44 | Report Abuse

no la.. tmr will sell down limit down hihihi

Posted by Lee Gook GookLee > 2017-11-02 15:45 | Report Abuse

im parking more at 40 or below if it ever reach. come come

pretty_life

4,810 posts

Posted by pretty_life > 2017-11-02 16:10 | Report Abuse

Some one keep press down at 0.415 and 0.215

Alliswell

504 posts

Posted by Alliswell > 2017-11-02 17:39 | Report Abuse

Tdy t4

meisarel

654 posts

Posted by meisarel > 2017-11-02 17:45 | Report Abuse

UQS calls the shot. No freeloaders!!!

Hahaha

Winmore88

1,165 posts

Posted by Winmore88 > 2017-11-02 18:57 | Report Abuse

going to up lo..tmr ..50c is not a dream

Winmore88

1,165 posts

Posted by Winmore88 > 2017-11-02 19:06 | Report Abuse

T4 absorb well

pretty_life

4,810 posts

Posted by pretty_life > 2017-11-02 19:25 | Report Abuse

I Wan limit up....

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