Posted by Aack2001 > 2020-06-19 16:29 | Report Abuse

relaks and wait, all of these change of must come with reduced liability.. need to exercise all of these warrants, and also change the ICPS to normal shares only can change hands.

Posted by Anderu > 2020-06-19 16:35 | Report Abuse

All the best, enjoy the bumpy ride guys

Posted by bursahunter > 2020-06-19 17:08 | Report Abuse

must be patient wait at bottom,it dropped from 0.37 to 0.26 earlier, so at current price 0.32 it can drop to 0.21, no sure whether they will push it up but at least buy at low is safer

Posted by adam919191 > 2020-06-19 17:14 | Report Abuse

@bursahunter do you believe with the amount of buyers the price still can drop to 0.21?

Posted by muDDywaterz > 2020-06-19 17:19 | Report Abuse

bursahunter believes in many things adam, including one time he believed that his auntie was his sister

Posted by adam919191 > 2020-06-19 17:23 | Report Abuse

@muDDywaterz What do you think about this stock, what is the best price we can buy? just need an opinion

Posted by Aack2001 > 2020-06-19 17:25 | Report Abuse

They wanna limit down to buy? Cannot be right.
Rto will happen with a certain price.

Posted by adam919191 > 2020-06-19 17:27 | Report Abuse

What do you mean @Aack2001?

Posted by stncws > 2020-06-19 17:29 | Report Abuse

Gap down if Myeg wins

Posted by bursahunter > 2020-06-19 17:31 | Report Abuse

its not what i believe, everyone can see it from the chart, it happened...another 10.1m new shares converted at 0.1 issued on Monday...will they sell? its straighaway more than 200% profit...now what JB predicted makes more sense..

Posted by misk_72 > 2020-06-19 17:38 | Report Abuse

now with the current situation, this stock is advisable to buy or just monitor first

Posted by adam919191 > 2020-06-19 17:46 | Report Abuse

@bursahunter, so based on the chart, do you mean the price can be down tiill 0.1 so that they can buy? just ask the opinion..

Posted by Justmeme > 2020-06-19 21:21 | Report Abuse

I think many of you do not understand this new issue. Total Connect stocks are Connect + PA + WA + WB. You need to pay some money to convert them to the mother stock. 7.5 cts for PA and 10 cents each for WA and WB. Plus the current PA and Warrant price, average cost is between 24 to 28 cts at least. As more gets converted, the cost price will be getting higher

Posted by chyeoh1972 > 2020-06-19 21:31 | Report Abuse

if i not misstaken the conversation taking around 10 working days....so they bought in cheaper,,,average cost is between 24 to 28 cts at least is wrong

Posted by Joycelee > 2020-06-19 21:57 | Report Abuse

So it more likely drop down to 24-28 cts ?

Posted by emil > 2020-06-19 22:07 | Report Abuse

panic sell Monday..

Posted by Justmeme > 2020-06-19 22:08 | Report Abuse

I believe this counter is fully controlled, The support is 24 to 28 region but it should move higher

Posted by HandsomeGain > 2020-06-19 23:57 | Report Abuse

Waiting 0.22...

Posted by bursahunter > 2020-06-20 02:01 | Report Abuse

better wait the picture is clearer only buy...

Posted by Anderu > 2020-06-20 09:17 | Report Abuse

https://www.klsescreener.com/v2/news/view/691527

Posted by Anderu > 2020-06-20 09:33 | Report Abuse

@thesigncom really kamikazi this time hahhaa

Posted by High5 > 2020-06-20 10:50 | Report Abuse

S5 Systems is one of the shortlisted bidders and could even be the dark horse in this bid http://read.focusmalaysia.my/epaper/viewer.aspx?publication

Posted by High5 > 2020-06-20 11:01 | Report Abuse

A re-tendering for the RM2.5 bil immigration system?
S5 Systems is one of the shortlisted bidders and could even be the dark horse in this bid
by

Doreenn Leong

The government is believed to be re-tendering the RM2.5 bil Integrated Immigration System (IIS) due to some changes in the project’s specification. The request for proposal had closed on Aug 16 and saw some 30 bidders for the project.

It is learnt that there are four frontrunners for the project: Datasonic Group Bhd, HeiTech Padu Bhd, Opcom Holdings Bhd and S5 Systems Sdn Bhd.

The ISS is supposed to replace the RM3.5 bil Sistem Kawalan Imigresen Nasional (SKIN) project, which was awarded to education software licence purveyor Prestariang Bhd via direct negotiation in 2017.

At that time, SKIN was to replace the Malaysian Immigration System, which was awarded to HeiTech Padu. However, the new government under Pakatan Harapan terminated the project due to high cost and “weaknesses” in the SKIN concession.

Posted by High5 > 2020-06-20 11:02 | Report Abuse

To stay relevant MyEg take a stake at S5 system

Posted by Anderu > 2020-06-20 11:11 | Report Abuse

But irrelevant to connect for now tho

Posted by Justmeme > 2020-06-20 12:17 | Report Abuse

How would the big article in The Star affect the Connect prices next week ?

Posted by thesigncom > 2020-06-20 12:44 | Report Abuse

Anderu... Haha. If drop to 10 sen on Monday, I'll be eating Japanese Harakiri for dinner

Posted by Anderu > 2020-06-20 12:58 | Report Abuse

@thesigncom lull crazy please don't haha onboard or not I don't think anyone here wish to see you makan harakiri. Drop till 10 cents oso I don't think there's daredevil to pick up so no point wishing it down hahah

Posted by thesigncom > 2020-06-20 13:09 | Report Abuse

Haha. Fortunately, now durian season leh. I love durian n mangosteen more than Harakiri. So I'll set that meal aside. PewPewPewwww

Posted by Anderu > 2020-06-20 13:17 | Report Abuse

But still tho, if connect got real deal I think it would already announce, keep dragging with not real stage progress is like that the article said, peculiar. Anyhow enjoy your durian not harakiri hehe

Posted by thesigncom > 2020-06-20 14:05 | Report Abuse

Will see how things play out. Meanwhile I go Gentings now to eat wind with family. Everybody have a great weekend. Till Monday

Posted by Justmeme > 2020-06-20 14:44 | Report Abuse

Thesigncom. I have nothing personal against you but you being super happy until eating Japanese Harakiri n wanting to celebrate in joy speak much of the person we have in this forum. Frankly I m most happy if everyone makes money. Not the other way around. Why would I be joyful n celebrating to see my friends either those I know or I do not know lose money ?. I m not that kind of a person.

Posted by muDDywaterz > 2020-06-20 16:44 | Report Abuse

The awkward moment when Justmeme realises what harakiri is

Posted by paulthesotong > 2020-06-20 19:02 | Report Abuse

S5 will eat bananaskin ll..

Posted by Jackchean > 2020-06-20 19:11 | Report Abuse

Limit up!! "

Posted by Jackchean > 2020-06-20 19:13 | Report Abuse

Connect will push higher and highest

Posted by Bursa Wolf > 2020-06-20 19:35 | Report Abuse

Who owns this company vying for RM1.5 bil immigration system tender?

By Xavier Kong | June 10, 2020 7:10 pm | Featured, Mainstream


The RM1.5 bil National Integrated Immigration System (IIS) is expected to be awarded soon and the frontrunners have been identified.

The usual suspects include listed tech giants Datasonic Group Bhd, Scicom (MSC) Bhd, HeiTech Padu Bhd and Opcom Holdings Bhd. Thrown in the mix are Iris Corp Bhd and MyEG Services Bhd.

But there is also an unlisted company that identifies as a global integrated security solutions provider for governments and enterprises – S5 Systems Sdn Bhd. This was reported by FocusM in December last year.

Given that this company is privately held, not much is known about them. According to company filings, the ultimate beneficial owner of the company is an offshore or overseas entity NSA Technology (L) Inc which in turn owns NSA Technology Sdn Bhd, the parent company of S5 Systems.

S5 Systems’ directors are Syed Mohammad Hafiz Syed Razlan, Aaron Loke Khy-Min, Kurian Thomas Jacob Thomas, Effendi Ramli and Chan See Siang.

Syed Mohammad Hafiz is the sole director of NSA Technology Sdn Bhd. Both S5 Systems and NSA Technology share an office.

Syed Mohammad Hafiz's father Syed Razlan Syed Putra Jamalullail is the younger brother of Raja Perlis Tuanku Syed Sirajuddin Putra Jamalullail. Syed Razlan was former Arau MP and he joined Bersatu from Umno on July 15, 2018.

Syed Mohammad Hafiz also owns a 0.42% stake in listed automobile leather seat designer Pecca Group Bhd.

But the trail stops there as NSA Technology (L) Inc is an offshore or overseas company. Its shareholders and owners can’t be ascertained except for a 2016 report that links NSA Technology Sdn Bhd to well-connected entrepreneur Johann Young. But company filings for NSA Technology Sdn Bhd do not reflect Young’s name.

This raises questions as the IIS is a matter of national security.

According to the latest filings, S5 Systems’ total assets stood at RM82.7 mil with revenue of RM116.8 mil and a profit-after-tax of RM68.3 mil for the financial year ended June 30, 2019.

For context, other frontrunners especially the listed companies have better transparency as they are subject to Main Market requirements and are under the purview of Bursa Malaysia.

Conversely, S5 Systems remains a relatively unknown company in the matter with no clear ultimate beneficial owner. This raises concerns that an important tender involving national security might be awarded to an opaque company.

At the time of writing, FocusM’s attempts to contact S5 Systems as well as NSA Technology were unsuccessful. - June 10, 2020

Posted by misk_72 > 2020-06-20 23:03 | Report Abuse

The curious case of ConnectCounty
More recently, on Monday, Ang Chuang Juay, (pic) who is the company’s executive deputy chairman, ceased to be a substantial shareholder of the company after he pared down his shareholding to below the 5% threshold level, from the 5.67% he held as at end-March 2019. Ang, a Singapore national, disposed of the shares between June 12 and June 15, exchange filings show.

Posted by noorgreen > 2020-06-21 01:34 | Report Abuse

No more update from JB?

Posted by kseng_99 > 2020-06-21 06:06 | Report Abuse

Due to too many people giving nonsenses comment ,and also too many people blaming that they cannot get 0.2 or even 0.1 ,so Jb had decided to stop in giving new update. According to the current scenario,the possibility to get at 0.2 or even 0.1 is not too high.

You have the right to belive in what hat he had comment previously or you can choose to those who are giving nonsenses comment. If you choose to belive jb than you should already know what he had commented previously, so no need for him to keep repeating the same comment, and also no point for him or argue with with those people giving nonseses comment .Invest at your own risk and also be reposible on what you had decided.

Posted by paulthesotong > 2020-06-21 08:03 | Report Abuse

This week The Edge n Star gave so much publicities..... to Cc next week should come to some conculsions

Posted by Britishshorthair > 2020-06-21 09:12 | Report Abuse

The edge reported this weekend, regardless who wins, S5 is a winner as all companies bidding for NIISE have some part of work with S5 for a few requirements. Meaning S5 actually holds the ultimate Ace card!! If thats true, Connect County can be the next lottery!

Posted by Joycelee > 2020-06-21 09:38 | Report Abuse

Aack is it mean if the share price went down due to revaluation, normally will have bonus issue?

Posted by Joycelee > 2020-06-21 09:40 | Report Abuse

Britsh bt why connect will be benefit? I thought if niise ,it will benefit S5 only , unless RTO happen?

Posted by Doremon99 > 2020-06-21 10:19 | Report Abuse

You never know when is the bottom and peak, just enter if you feel good, don't be greedy..
My average price at 0.36 and I'm happy with that because I believe it can hit 0.9 minimum once announced.
I earn lesser compare those enter at 0.25 but you never know when 0.25 come back again and you keep waiting when the price goes up to RM2...
Just buy and leave it for month, if you have extra fund then leverage when below 0.3..
Let's earn together... Vroom vroom...

Posted by Joycelee > 2020-06-21 11:04 | Report Abuse

Doraemon, well said , i will also average down when it goes down

Posted by Bursa Wolf > 2020-06-21 11:19 | Report Abuse

August will announce the winner of the IIS project

Posted by Bursa Wolf > 2020-06-21 11:20 | Report Abuse

brother Britishshorthair , can u share more about this, thanks in advance

___________________

Britishshorthair The edge reported this weekend, regardless who wins, S5 is a winner as all companies bidding for NIISE have some part of work with S5 for a few requirements. Meaning S5 actually holds the ultimate Ace card!! If thats true, Connect County can be the next lottery!

Posted by teareader818 > 2020-06-21 11:23 | Report Abuse

I think what Justmeme had been telling us makes a lot of sense. He seem to know how the operators work in CC.

Posted by stncws > 2020-06-21 11:28 | Report Abuse

govt wouldnt allow S5..too many same govt project.. Too sensitive.S5 got Defence securities job..Cannot get Immigration