Posted by ming > 2017-10-22 15:17 | Report Abuse

As my observation..

**Majority here do not own Notion shares
**majority think that short term pain long term gain
**majority expect monday price will goes lower
**majority will buy if price drop further

So u really think the price can go down much below 60 cents meh?

Posted by WVB 68 > 2017-10-22 15:30 | Report Abuse

If Monday still dropping , Notion could be called by bank margin call , that why they want suspend trading last Friday .

Posted by stncws > 2017-10-22 16:00 |

Post removed.Why?

Posted by WVB 68 > 2017-10-22 16:31 | Report Abuse

Who long term holding this share will buy low to avg , I think share price can be supported at 0.70-0.75

Posted by Mohd Fahmi Bin Jaes > 2017-10-22 16:32 | Report Abuse

sell

Posted by mancingbursa > 2017-10-22 17:02 | Report Abuse

Sell, maybe green 3 days then down to 50sen

Posted by windcloud > 2017-10-22 17:31 | Report Abuse

WVB 68 .... there are certain wrong info you shared. Anyway, noted and thanks for your comment

Total CNC machines in Klang main factory is about 1,500, not 500.
For production capacity utilisation, for HDD segment this is about 50-60% average 55%, for automotive and camera segment, think this is run at optimal utilisation, is about 90-100% utilisation rate, overall is about 70%.

Will come back to your sharing as busy now.

Posted by Roxyman > 2017-10-22 17:56 | Report Abuse

1500 CNC Machine all put at third floor ? Only third floor fire right?

Posted by windcloud > 2017-10-22 19:18 | Report Abuse

Notion Venture Sdn Bhd was impacted by this fire incident and Notion Venture got automotive and HDD segment (not sure Camera segment is there or not). To me, if fire impact to automotive section, then this will be more serious than to HDD segment due to utilisation rate and availability of spare machines to operate. For HDD segment, dont think will benefit a lot to other competitors like Dufu, Engtek and JCY (not study in detail the precision component they are doing).

Posted by windcloud > 2017-10-22 19:21 | Report Abuse

During time for restoration, financial impact to bottomline is really a issue. Monday think likely have another gap down.

Posted by windcloud > 2017-10-22 19:27 | Report Abuse

The 1st part how come cannot post ..... damn shit keep rejected ....

Posted by Cikam > 2017-10-22 19:30 | Report Abuse

Yessss..gap down lagi 2 kali..nyum nyum

Posted by windcloud > 2017-10-22 19:36 | Report Abuse

Klang factory about 1500 machines .... if 3 storey then each floor 500 machine ...... but damages is to 500 machines. Whether serious or not, if major components of machines impacted and affecting operating condition need to replace with new one ....

Posted by leechen88 > 2017-10-22 19:55 | Report Abuse

Aiyoh baru fire u think so fast can install new machines meh ?u think other departments can start work meh ? U want to claim insurance or not? All production in Klang factory kena stop lah. Production sure be affected lah .....tomorrow i kesian u lah I q buy 41 sen 1 sen above limit down level

Posted by alibabacoming > 2017-10-22 20:05 | Report Abuse

gap down 3kali , nyam nyam

Posted by Uncle_Lim > 2017-10-22 22:15 | Report Abuse

already collect 200k when discount 0.66..see u guys at 0.8

Posted by newbie92 > 2017-10-22 22:17 | Report Abuse

I already key in the system RM0.5 for RM100k, i think high possible match tomorrow.

Posted by Sultan763 > 2017-10-22 22:43 | Report Abuse

Posted by stncws > Oct 22, 2017 04:00 PM | Report Abuse

another unthinkable sultan763@ no brain !!! ask shareholder to buy back to support pice,,,,naïve and look like little boy!



Really I am speechless and have no idea how to answer stupid person like you hahaha, which part of my comment was asking shareholder to buy...go learn english before you start commenting

Posted by shareinvestor88 > 2017-10-22 22:58 | Report Abuse

Gap down tomorrow. Sellers will be dumping

Posted by shareinvestor88 > 2017-10-22 23:43 | Report Abuse

Sell sell sell 30-40c

Posted by Yippy68 > 2017-10-23 04:41 | Report Abuse

yes, i will sell even at loss and move to Dufu and Jcy, they are the beneficial of this tragedy... jcy is still a lot of upside limit

Posted by Lim Beng Teik > 2017-10-23 05:13 | Report Abuse

somebody fear I buy, somebody greedy I sell haha

Posted by Roxyman > 2017-10-23 07:41 | Report Abuse

Buy buy buy good luck

Posted by goldeye > 2017-10-23 08:05 | Report Abuse

confirm limit down. please avoid this stock

Posted by shareinvestor88 > 2017-10-23 08:16 | Report Abuse

Selling gap down

Posted by RedEagle > 2017-10-23 08:33 | Report Abuse

Suspended?

Posted by Richman96 > 2017-10-23 08:36 | Report Abuse

Its time to buy ! Mitsubishi, LTH, n Choo going to support the price above 0.80 this is what i know ....

Posted by kingcobra > 2017-10-23 08:39 | Report Abuse

trying hard 2 grab some b4 too LATE!

Posted by VFTRADER > 2017-10-23 08:47 | Report Abuse

There is enough supply of new CNC machines in the market. It is not the problem to get new CNC machines.

The problems are:
[a] Do they have vacant big building to install new machines and set up new lines?
[b] If they have such a building, how long is the preparation for new line to start production?
[c] How about approval from local authorities like Bomba department....?
[d] How about those ISO audit- how long are they going to complete it?
[e] How about Customers audit- do their customers still give full trust on this supplier?
etc....

Posted by stncws > 2017-10-23 08:50 | Report Abuse

another dummy vftrader,!

Posted by Skng Keong > 2017-10-23 08:51 | Report Abuse

Go n see the the company burn down b4 u buy. Need time my friends said sell first come back later. Very cheap than buy. Don worry about up down just this week no sayang. Many counters still cheaper than this counter r better than this counter.JUST CHANGE TO OTHER COUNTER. WE R JUST IKAN BILIS....

Posted by stainlyho37 > 2017-10-23 08:54 | Report Abuse

above 0.80 selling...below 0.6 go in....make your choice...

Posted by sien > 2017-10-23 08:55 | Report Abuse

NOTION VTEC BERHAD

Type Announcement
Subject OTHERS
Description Notion VTec Berhad ("NVB" or the "Company") - Fire Incident - Update
“Unless otherwise stated, the terms used in this announcement shall carry the same meaning as defined in the Company's announcement dated 20 October 2017.”



Reference is made to the Company’s announcement on 20 October 2017 pertaining to the fire incident occurred at its main manufacturing plant in Klang, Selangor.



The Board wishes to inform that the fire incident happened at 1.51p.m. on Friday, 20 October 2017. The fire source, apparently from a ventilation fan, spread to all the main plant roofing behind the main office in Notion Klang factory located at Lot 6123, Jalan Haji Salleh, Batu 5 ½, Jalan Meru, Klang, Selangor. It has affected more than 552 Computer Numeric Control (“CNC”) machines and Work-in-Progress (“WIP”) goods and the Quality Control “QC” building but not the rear building and the surface treatment plants are good and operational.



As the Fire Department forensic team is doing investigation and there are still concerns of smoldering remnant smoke and the possibility of injury to falling structure, no personnel is allowed in. By Tuesday, 24 October 2017, the Management should be able to gain access to salvage the tooling, jigs and fixtures and do recovery and commence some production using some spare CNCs in Factory 3 located 1 km away.



The building structure will need to be removed and rebuilt including the air supply and electrical wiring and ancillary equipment.



The insurer and adjuster team is on site to assist in helping Notion recover in the quickest possible time.



Notion has adequate insurance coverage - RM350 million for property damage, RM217 million for business interruption up to 18 months. Preliminary estimate of the loss is about RM150 to 200 million. Once we gain access to the site we shall be able to assess the extent of damage and provide a more accurate estimate of loss.



Meanwhile, Notion is ordering and sourcing for emergency replacement CNCs and quality control equipment. The Company will discuss with customers’ team, on Notion’s current stock of Finished Goods, availability of spare CNCs, spare factory space and possibility of either renting or buying any existing CNC s that can help Notion recover faster.



At this moment, the Company estimates the affected segments are the camera, Hard Disc Drive top clamps and automotive parts but the Company will recommence production in Factory 3 using any spare capacity that Notion has as well as sourcing and renting suitable CNCs and if needed, rent additional floor space to meet current and new customers’ requirements. It is not easy to out source to other machinist companies as it requires safety certification and approved vendor which will take time. Notion is committed to restore the orders requirement to the customers’ requirement.



Notion has adequate financial resources to quickly make even cash payments to secure any equipment or CNC or materials.



Meanwhile, Notion has laid out a fast recovery plan to execute in order that the customers’ orders are fulfilled and their concerns allayed. The Board hope that the shareholders will stand along with Notion as Notion will overcome and rebuild again for the better.



The immediate effects of this outage in this affected Plant is about 50 to 60% of the Company sales revenue but with the fast recovery plan, Notion will have restored 75% of the outage progressively within 5 months and the balance within another 3 months. But of course the full restoration of structure and Certificate of Fitness may take up to a year.



The Company will redesign the roofing of restored building to include an impervious ceiling layer over the production floor (to protect and minimize any other fire incidents) and implement better Safety and Occupational measures and enforcement.



The new high volume manufacture of a lifestyle consumer product and another tubing project, are not affected by this fire as the new production lines are planned for in the Southern region. There may be a slight delay in the planned production as manpower is focused on the Klang plant to recover quickly.



The Board will make further announcement whenever there is new development on the physical recovery as well as any significant financial impact on the insurance claim.



This announcement is dated 23 October 2017.

Posted by kevinchong > 2017-10-23 09:04 | Report Abuse

Will go 0.880

Posted by sheep > 2017-10-23 09:08 | Report Abuse

nope. after suspension, still down.

Posted by Alex Foo > 2017-10-23 09:09 | Report Abuse

The Board hope that the shareholders will stand along with Notion as Notion will overcome and rebuild again for the better.

mai

Posted by Roxyman > 2017-10-23 09:09 | Report Abuse

Start 10am will go up

Posted by Jnlee > 2017-10-23 09:10 | Report Abuse

why no trading?

Posted by Alex Foo > 2017-10-23 09:11 | Report Abuse

why cannot trade..when buka

Posted by apolloang > 2017-10-23 09:11 | Report Abuse

insider trading,now only trading halt.....on fri 2.30pm no trading halt

Posted by sien > 2017-10-23 09:12 | Report Abuse

wait for the announcement to resume trading

Posted by jack2 > 2017-10-23 09:12 | Report Abuse

trading halt

Posted by Alex Foo > 2017-10-23 09:13 | Report Abuse

so? halt until when?

Posted by kingcobra > 2017-10-23 09:15 | Report Abuse

TRADING WILL RESUME AT 10 AM

Posted by godhand > 2017-10-23 09:18 | Report Abuse

if go up also because of human action. it doesnt reflect the value

Posted by cend0l > 2017-10-23 09:25 | Report Abuse

Lmao rm150 million damages. What if insurance reject the claim? Bankrupt la like that.

Posted by Alex Foo > 2017-10-23 09:25 | Report Abuse

10am, faster lo gap up!

Posted by cend0l > 2017-10-23 09:28 | Report Abuse

The immediate effects of this outage in this affected Plant is about 50 to 60% of the Company sales revenue but with the fast recovery plan, Notion will have restored 75% of the outage progressively within 5 months and the balance within another 3 months. But of course the full restoration of structure and Certificate of Fitness may take up to a year.

Posted by cend0l > 2017-10-23 09:30 | Report Abuse

So if certificate of fitness might take up to a year. Does that mean that they cannot occupy the plant unless certificate of fitness is granted?

Posted by cooling > 2017-10-23 09:37 | Report Abuse

they will need time to rebuild the plant and this will not be covered by insurance..

http://www.thestar.com.my/business/business-news/2017/10/23/notion-vtec-early-estimate-of-damage-from-fire-at-rm150m-to-rm200m/