Posted by jasonlim84 > 2014-03-31 16:23 | Report Abuse

no volume!!

Posted by jasonlim84 > 2014-03-31 16:43 | Report Abuse

warrant 5cts grab!!

Posted by jasonlim84 > 2014-03-31 19:06 | Report Abuse

6 million lost!!!

Posted by cheektan > 2014-04-01 00:03 | Report Abuse

Keep it cool...

Posted by free2rhyme0628 > 2014-04-01 06:59 | Report Abuse

no worries, that only due to consolidation with Jiwa Group

Posted by dannytomato > 2014-04-02 10:09 | Report Abuse

I masuk lagi kao kao..

Posted by free2rhyme0628 > 2014-04-02 14:44 | Report Abuse

Flonic's cleaning sector is at its mature stage already, and current diversification to furniture/design/renovation sector in Jiwa showed the management is concerned on the future prospect of the company

Posted by ethanyong > 2014-04-04 13:32 | Report Abuse

donno when only can go up...

Posted by davidlim07 > 2014-04-04 18:45 | Report Abuse

Seems like big shark throwing these few days

Posted by ripthatoff > 2014-04-08 15:32 | Report Abuse

dead stock

Posted by dannytomato > 2014-04-08 22:59 | Report Abuse

Die hard

Posted by ethanyong > 2014-04-09 11:19 | Report Abuse

when everyone think it is die hard... then it is your survive time. =)

Posted by superboy9999 > 2014-04-10 18:50 | Report Abuse

agree. Don underestimate the influence of Tan family. I speculate that this company might get something from 7-11 IPO. I'm lazy to elaborate too much. Leave it to you guys to imagine.

Posted by OSWALD > 2014-04-10 18:55 | Report Abuse

Huh, exactly what i too was speculating - the 7 11. But then again with a few die hards (1,2,3,4? - bruce willis) can leave me die standing. LOL.

Posted by ripthatoff > 2014-04-11 11:42 | Report Abuse

What's it got to do anything with 7-11 IPO? Flonic are just cleaners for those outlets

Posted by dannytomato > 2014-04-17 12:31 | Report Abuse

Habis, yucks

Posted by buffet88 > 2014-04-17 21:07 | Report Abuse

they have been reporting couple of millions losses yearly. bad business and bad management. now wants to raise more funds to sustain the operations.

Posted by dannytomato > 2014-04-17 23:52 | Report Abuse

Sleepy share...

Posted by ASB79 > 2014-04-18 06:07 | Report Abuse

Please see on TheEdge:
http://www.theedgemalaysia.com/business-news/285662-flonic-to-raise-up-to-rm36743-mln-via-new-shares-issuance.html

Posted by fifijalal > 2014-04-18 08:11 | Report Abuse

To whom it may concern, you need to push the price higher. 7 cents for a right issue is ridiculous considering the share price itself is about 7.5 cents and the company is making loss. you need to entice the investors with a higher market price or a profitable business prospect at least.

Posted by fire1086 > 2014-04-18 09:06 | Report Abuse

any 1 can advice
if they issue the new share, if do want to take up can ah

Posted by Antz > 2014-04-18 09:16 | Report Abuse

Just imaging why they are acquiring Jiwa Holdings, a company mainly involved in interior design. What are the linkages of interior design with Tan Chong, C&C, 7-Eleven etc?

Posted by fire1086 > 2014-04-18 09:23 | Report Abuse

can u advice on the new share issue

Posted by Antz > 2014-04-18 09:39 | Report Abuse

fire1086, do you mean that you do not want to take the new share?
Can, it's eligible to all share holders but not compulsory.
Anyone, pls correct me if I'm wrong.

Posted by fire1086 > 2014-04-18 09:46 | Report Abuse

no more bullet to take up the share

Posted by fifijalal > 2014-04-18 11:38 | Report Abuse

my experience with sumatec, yes you can choose not to take the right issues. problem is, there will be underwriters who would buy them.on listing date, the right issues will flood the market and dilute the price lower. but as i said in my previous comment, who would buy these right issues if the company doesnt seem to be doing so good, and the share price is only slightly higher than the right issues.

Posted by superboy9999 > 2014-04-18 12:56 | Report Abuse

Seems like no one managed to imagine it right. Ok.. Let me elaborate a little. One of 7-11 plan is to change its store layout and business strategy since its losing business post the 99 speedmart and KK Mart entrance. So, with the IPO proceeds, it make sense to refurbish the layout and store feel to compete. The business might be bad for the past few quarters due to drag from old business but all it needs now is major contracts to turnaround. Do you all think that the major shareholder, Tan will keep increasing her stakes if the company has no hope... She has also committed to take up all her rights. Sometimes it is just common sense not so much of business sense.

Posted by superboy9999 > 2014-04-18 13:10 | Report Abuse

This is an exercise to weed out all the weak shareholders with weak commitment. If no one take up the rights, Tan's stake will go up to 22%. from current 13%.

Posted by Gokula Krishnan > 2014-04-18 14:16 | Report Abuse

What is Nagendran's role? Why did he come in? I was thinking he would conver Flonic into an O&G outfit using Gryphon. Any take?

Posted by vinvin > 2014-04-18 17:40 | Report Abuse

Good day for Flonic!!!

Posted by asam51 > 2014-04-19 07:20 | Report Abuse

Nagendran not having any role in Flonic

Posted by vinvin > 2014-04-19 11:52 | Report Abuse

After the rights issue plus warrants I think Nagendran will be taking a bigger role in this company. Trade at own risk.

Posted by 3abdul > 2014-04-20 01:36 | Report Abuse

Dont miss a boat...

Posted by vinvin > 2014-04-20 10:51 | Report Abuse

TigaAbdul cakap mesti betul lah...............don't miss the BOAT!!! Trade at own risk...

Posted by pfhong > 2014-04-20 12:14 | Report Abuse

So mean the issuing price for right issue is 0.07 each share? and this price include together with warrant?let say if i buy 30000 share, then how much I need to pay and how much warrant I got?

Posted by 3abdul > 2014-04-20 13:02 | Report Abuse

Vinvin,tqvm
Happy trading...

Posted by vinvin > 2014-04-20 13:47 | Report Abuse

Pfhong, 30,000 units @ 7 sen will cost u RM2,100 n u will get 20,000 WC...........very cheap!!! Trade at own risk...

Posted by pfhong > 2014-04-20 14:45 | Report Abuse

Thanks Vinvin. right issue only eligible for current share holder right?

Posted by Hoo Ann Teo > 2014-04-20 15:05 | Report Abuse

Am i still entitle if i bought it on monday

Posted by vinvin > 2014-04-20 16:46 | Report Abuse

Hoo Ann Teo, no definite date yet................still entitled

Posted by Muhammad Mustaqim > 2014-04-22 11:56 | Report Abuse

just curious, is there any adjustment after the right issue?

Posted by fifijalal > 2014-04-23 07:47 | Report Abuse

mustaqim, ada.

Posted by Muhammad Mustaqim > 2014-04-23 08:18 | Report Abuse

brape adjustment

Posted by asb79 > 2014-05-03 17:48 | Report Abuse

What's up with this stock - when is it going to rocket up?

Posted by mmtalents > 2014-05-06 18:04 | Report Abuse

rubbish counter..........now ask for more money? this is like dump to deep ocean with no return.. haha

Posted by one688easy > 2014-05-07 09:48 | Report Abuse

oil n gas asset will come ...waiting game

Posted by vinvin > 2014-05-07 19:33 | Report Abuse

There must be some good news coming............guessing game!!! Trade at own risk....

Posted by pfhong > 2014-05-12 13:57 | Report Abuse

7-11 listing soon, will get something there?

Posted by Tiago Gt > 2014-05-12 16:26 | Report Abuse

wat is going on wit flonic????isit new warrent gonna out???confusing.....yet the volume no movement

Posted by dannytomato > 2014-05-20 14:44 | Report Abuse

When will 7-11 be listed?