flonic going to get contract for oil & gas very soon. Let's wait for the good news. Still very cheap for an oil & gas counter. Something is definitely brewing in flonic.
0109 FLONIC FLONIC HI-TEC BHD Notice of Interest Sub. S-hldr (29A)
Particulars of Shareholder 38
Name : Nagendran A/L C. Nadarajah NRIC/Passport No./Company No. : 531102-05-5399 Nationality/Country of Incorporation : Malaysian
Address: No. 2, Medan Nusantara, Duta Nusantara, Jalan Sri Hartamas 1, 50480 Kuala Lumpur, Wilayah Persekutuan
Descriptions (Class and Nominal Value): Ordinary Shares of RM0.10 each
Name and Address of Registered Holder: Nagendran A/L C. Nadarajah No. 2, Medan Nusantara, Duta Nusantara, Jalan Sri Hartamas 1, 50480 Kuala Lumpur, Wilayah Persekutuan
Details of Changes
Date of Notice : 16/08/2013
Transactions: No. Date Transaction Type No of Shares Price (RM) 1. 16/08/2013 Acquired 10,000,000 -
Circumstances by reason of which change has occurred: Acquisition of shares
Nature of Interest: Direct Interest
Consideration:
No of Shares Held After Changes: Direct : 18,000,000 shares (5.1400%) Indirect/Deemed Interest : 0 shares (0.0000%) Total : 18,000,000 shares
Remarks: Overall interests after change: Direct Interest: 18,000,000 ordinary shares Indirect Interest: Nil The Company has received a copy of the Form 29B dated 16 August 2013 executed by Mr. Nagendran A/L C. Nadarajah on the late evening of 19 August 2013.
reduce par value means the company made significant losses...so that nta is less than 50% of...well just look at this; haha
The PN17 criteria was triggered as a result of the auditors have expressed a modified opinion with the emphasis on the company going concern in the company latest audited financial statements and shareholders’ equity of the Company on a consolidated basis being 50% or less of the issued and paid-up capital (excluding treasury shares) of the Company. Based on the 1st Quarter announced results, the shareholders equity is now less than 50% of the Company paid-up capital. ------ so who is stupid now??? nta for fonoc is now RM0.0400 which has par value of 10 cents...that's already under 50%...matilah lu...tak mau belajar?
trade like this has been shown before , example irmgp and hytexin all has equity of the Company on a consolidated basis being 50% or less of the issued and paid-up capital...what happened? those shares been goreng 1st...and this same thing is now happening to Flaw-nic haha
Trading at 18.5 sen n hard to break it as always there will be sellers whenever it is about to break n I don't know how long it is going to stay like this.
yeah even if is 2 month what makes u forget...funny funny who is talking...so now this is true , isn't it? same like irmgp and hytexin...haha funny people
the financial condition is HAZARD...kalau boleh debate dengan info yg valid...bolehlah debate...kalau takat suruh org lain belajar lagi..padahal orang yg disuruh belajar lagi, memberikan argument yg kuat, dan pada masa yg sama si 'pandai' ni hanya 'cakap kosong' hehe
yeah because this is the trick...i'm just reminding u all because the problem has not been solved yet!!!...but if u want to carry on , go ahead...your money...ok-lah shahfar adik pandai...abang tak mau ganggu u lagi...chow!!! hehehehehehehehe
4 cents nta is 50% less than 50% of 10 cents that's why the par value is proposed to be reduced to avoid PN17 ------- apasal kau bodoh macam lem**??? kau tak paham ke ? 3 bulan ke 6 bulan ke 1 tahun ke? flonic sudah patut masuk dlm PN17 counter...jangan cakap banyaklah bangang..future nenenmu --- kalau share capital RM34,994,493 akan dikurangkan kpd RM17,497,247...future apa tu? aku kata baik kau jangan balas apa aku tulis...pasal nanti gua bagi lagi info2 yg akan buat kau sakit jantung... --- so please stop it...if not....2nd bad info will arrive
yeah u use Allah's name not because of Allah but u 'tak pandai' buat lah cara tak pandai...kalau untung pun dr Allah...dan hanya krn goreng...tapi kalau taqdir yg sesuai dgn keadaan flonic datang...baru kau tau
now 2nd bad news...u want latest news??? no problem --- 20/08/2013 Novatige Sdn. Bhd. (i) Disposal of 3,000,000 shares (ii) Acquisition of 1,049,300 shares (iii) Disposal of 2,300,000 shares 20/08/2013 Goh Seng Kiat (i) Disposal of 3,000,000 shares (ii) Acquisition of 1,049,300 shares (iii) Disposal of 2,300,000 shares 20/08/2013 Heng Hock Meng (i) Disposal of 3,000,000 shares (ii) Acquisition of 1,049,300 shares (iii) Disposal of 2,300,000 shares 12/08/2013 Goh Seng Kiat Disposal of shares ---- itu semalam punya news..hahaha
Latzatz, if I'm not mistaken there r so many companies doing that Time Engineering (original price RM1 n now 20 sen) Timecom(original RM1 now 50 sen) to quote a few n now their market prices r higher. Correct me if I'm wrong. Tq.
Relax - the par value reduction is meant to wipe out accumulated losses of nearly 17million from the accounts.Already approved by shareholders and now pending High Court sanction. With a 'clean account' and no capital commitments,it would be easier to get fresh loans to move forward. There is existing 'transfer' of shares by Novatige - the other names Mr. Goh and Mr. Heng, their names appear bcos they are the directors of Novatige. Now lets invest to look forward to what these new shareholders can do. I foresee Nova will be transferring out additional shares to gradually reduce their holdings. Vinvin.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
jasonlim84
725 posts
Posted by jasonlim84 > 2013-08-20 18:41 | Report Abuse
lol normally people sell on news. not a good sign