Posted by Wei Jie Yau > 2016-06-21 09:57 | Report Abuse

Crazy, can buy?

Posted by powerrangerhuat > 2016-06-21 10:02 | Report Abuse

Who buy now all will be trap

Posted by pang72 > 2016-06-21 12:51 | Report Abuse

How sure can buy? Since crazy said so many idiots at mexter

Posted by SPECIAL_ID > 2016-06-21 13:19 | Report Abuse

Sell or cut loss first and collect when cheap price, already trap lots of retailers at 0.195-0.200 even push also won't exceed this price range to let retailers run

Posted by pang72 > 2016-06-21 13:23 | Report Abuse

Ok...run

Posted by Funny > 2016-06-21 15:34 | Report Abuse

keep it.cooling period.. engine start after this.

Posted by SPECIAL_ID > 2016-06-21 16:37 | Report Abuse

Heheh, wait after T4 only buy from today :)

Posted by pang72 > 2016-06-21 17:39 | Report Abuse

WJY: can buy? How?

Posted by pang72 > 2016-06-21 17:40 |

Post removed.Why?

Posted by cstrader > 2016-06-21 22:00 | Report Abuse

Nvm buy Mexter - just started to move. Restore your profits here.

Posted by SPECIAL_ID > 2016-06-23 00:22 | Report Abuse

Stay aside first, maybe can collect cheap, trapping stage now.. After Brexit and wait T4 next Tuesday see how again :)

Posted by dkpm89 > 2016-06-23 09:47 | Report Abuse

can buy if u think England remain in Euro

Posted by SPECIAL_ID > 2016-06-23 17:00 | Report Abuse

Have collected some attractive price, waiting for more downside and get in some again :)

Posted by ORGS2013 > 2016-06-27 15:02 | Report Abuse

KUALA LUMPUR: Mexter Technology Bhd’s share price recently tripled from seven sen to a five-year high of 21 sen in just one week from May 26 to June 2.

The surge was curious considering Mexter has been loss-making for the past four financial years and its ballooning accumulated losses, which were RM22.88 million as at March 31, have eaten into its shareholders’ funds.

Interestingly, there were changes in Mexter’s shareholding when its share price was on the steep climb.

On May 27, Bursa Malaysia filings showed that Mexter non-executive director Kuan Khian Leng sold 51.55 million shares or a 26.2% stake in the company at 15 sen per share through an off-market deal. Subsequently, he ceased to be the company’s largest shareholder.

Kuan, the son of Fajarbaru Builder Group Bhd chairman Tan Sri Kuan Peng Ching @ Kuan Peng Soon, then resigned from Mexter’s board on June 1.

Meanwhile, Mexter managing director Ivan Sia Teck Fatt disposed of 10 million shares, or a 5.08% stake, on the same day and at the same price. Sia was left with 11.22 million shares or a 5.7% stake in Mexter after the share sale.

In total, Kuan and Sia sold 61.55 million shares or a 31.2% stake in total on May 27.

Lim Yin Chow bought 55.85 million shares, representing a 28.4% stake, through his private investment vehicle LYC Capital Sdn Bhd from the duo.

However, it is not known who has bought the remaining 2.8% stake.

The changes in shareholding prompted many to wonder why Lim wanted to control the loss-making company, which derives its earnings from mobile messaging services.

Did he intend to inject healthcare service business, an area that Lim is familiar with, into Mexter?

Lim was credited as a co-founder of the HSC Medical Centre in Kuala Lumpur with his then-business partner Dr Soo Chee Siong. It was reported that Lim had since divested his stake in HSC.

A company search on LYC Capital states that the company is in the business of providing advisers, consultants and trainers in the medical sector and for health products. LYC Capital was incorporated in 2014, and its two shareholders are Lim and his wife Chen Kang Hui.

Another development that the authorities would be taking note of is the appointment of a new chairman of the audit committee of Mexter, after the resignation of Andrew Su Meng Kit on June 17.

In Mexter’s annual general meeting on June 16, shareholders passed a resolution to retain Su as a senior independent non-executive director of Mexter.

However, the very next day, Su resigned as independent and non-executive director, and as chairman of the audit committee, with the reason that he had been an independent director for more than nine years and it was good for the company to appoint someone new to the role.

It is not known what Lim has in the pipeline for Mexter after he takes over. But one thing for sure is that Lim will have to revive Mexter’s financial health.

The company’s shareholders’ funds amounted to RM10.53 million as at March 31, which were equivalent to 53.5% of its paid-up share capital of RM19.68 million. This is not that far from the minimum requirement of at least 50% under Bursa Malaysia’s ACE Market listing rules.

Should Mexter remain in the red, it would be on the verge of being categorised as a Guidance Note 3 company, which shareholders’ equity is equal to or less than 50% of the issued and paid-up capital of the corporation. It will have to regularise its financials under the listing rules.

Mexter has recently announced a change in its financial year end from Dec 31, 2016 to March 31, 2017.

After three consecutive quarters of losses, Mexter reported a net profit of RM60,000, on revenue of RM11.2 million, for the quarter ended March 31, which the company attributed to higher sales from its mobile services division following a stronger market demand.

Posted by ORGS2013 > 2016-06-27 15:17 | Report Abuse

sure up.... buy2... :)

Posted by dkpm89 > 2016-06-27 16:12 | Report Abuse

ya about time

Posted by cstrader > 2016-06-28 21:57 | Report Abuse

Time to buy. TP 25 cents. If successful breakthrough gap up 30 cents

Posted by dkpm89 > 2016-06-30 14:55 | Report Abuse

buy

Posted by dfsbipohsch > 2016-07-03 22:40 | Report Abuse

http://klse.i3investor.com/blogs/kimstockwatchfajar/99482.jsp

Posted by dkpm89 > 2016-07-04 09:14 | Report Abuse

Last calll

Posted by IBanker > 2016-07-04 11:31 | Report Abuse

Lim gonna inject healthcare biz into Mexter. According to Star Newspaper, it reveals that HSC Healthcare made a profit of RM62.5mil on revenue of RM265.1mil for its financial year ended Dec 31, 2014. Mexter's market cap as of today is at RM38M. You can predict how high it can go soon. :)

Posted by IBanker > 2016-07-04 12:46 | Report Abuse

Mexter has RM7M cash, Total Assets = RM29M, Total Liabilities = RM18M. Very healthy and very high upside potential for share price to fly soon.

Posted by dkpm89 > 2016-07-04 13:57 | Report Abuse

Transformation

Posted by cstrader > 2016-07-04 17:45 | Report Abuse

Buy TP 25 cents

Posted by dkpm89 > 2016-07-05 09:49 | Report Abuse

star today recommend a BUY

Posted by IBanker > 2016-07-05 10:17 | Report Abuse

dkpm can send me the link here pls?

Posted by cstrader > 2016-07-05 20:30 | Report Abuse

Just close eyes and buy. Here no need FA or TA. Obvious UP counter.

Posted by DreamPredator > 2016-07-06 23:36 | Report Abuse

Yah gah. So obvious gah.

Posted by DreamPredator > 2016-07-06 23:36 | Report Abuse

How far can yalan one ah

Posted by Wei Jie Yau > 2016-07-08 15:13 | Report Abuse

Sure bo? Can in now?

Posted by annonymous99 > 2016-07-08 15:13 | Report Abuse

In now!!!

Posted by Wei Jie Yau > 2016-07-08 15:46 | Report Abuse

Trap!!! Sell

Posted by annonymous99 > 2016-07-08 16:00 | Report Abuse

Nice trick man. But is not working

Posted by Wei Jie Yau > 2016-07-08 16:37 | Report Abuse

Monday TP?

Posted by powerrangerhuat > 2016-07-08 16:42 | Report Abuse

seem like crazyremisier is not crazy after all, thumb up, hahaha

Posted by cstrader > 2016-07-08 20:17 | Report Abuse

Mexter no trap. Can collect while operator play the counter. Uptrend expected.

Posted by Kim > 2016-07-08 22:36 | Report Abuse

Tuesday

Posted by Stockwatch Kim > 2016-07-09 00:18 | Report Abuse

Movements were predicted earlier on 3rd of July...one of the readers here also posted
Read for yourself
http://klse.i3investor.com/blogs/kimstockwatchfajar/99482.jsp

Posted by dkpm89 > 2016-07-09 09:23 | Report Abuse

Star writeup put TP as 68..wow

Posted by Wei Jie Yau > 2016-07-10 21:46 | Report Abuse

Tmr still will up?

Posted by dkpm89 > 2016-07-11 09:17 | Report Abuse

Last call..good mng all

Posted by Stockwatch Kim > 2016-07-11 12:35 | Report Abuse

http://klse.i3investor.com/blogs/kimstockwatchfajar/99755.jsp

Posted by DreamKeeper > 2016-07-11 17:32 | Report Abuse

Tunggu down skt lor

Posted by dkpm89 > 2016-07-12 10:36 | Report Abuse

moving...

Posted by dkpm89 > 2016-07-12 10:51 | Report Abuse

need to break 25 ,,the last high strongly to fly

Posted by Kim > 2016-07-12 11:41 | Report Abuse

Horse & see.

Posted by DreamKeeper > 2016-07-12 12:34 | Report Abuse

Is it slowing down now?

Posted by Funny > 2016-07-12 13:45 | Report Abuse

slow and steady!

Posted by dkpm89 > 2016-07-12 15:24 | Report Abuse

taking a breather and collection

Posted by Stockwatch Kim > 2016-07-13 00:04 | Report Abuse

http://klse.i3investor.com/blogs/kimstockwatchfajar/99938.jsp