Posted by shahfar8 > 2013-07-26 15:21 | Report Abuse

waaa its coming now... yihaaa... go2...

Posted by keyin > 2013-07-26 15:22 | Report Abuse

go to 0.15 today

Posted by williamtan9108 > 2013-07-26 15:22 | Report Abuse

I shall assume good announcement coming soon =)

Posted by shahfar8 > 2013-07-26 15:26 | Report Abuse

not enuf power to break .125???

Posted by bsong78 > 2013-07-26 15:28 | Report Abuse

No power to break .125

Posted by sylvesterling > 2013-07-26 15:28 | Report Abuse

hehe ~ slowly slowly ~~

Posted by williamtan9108 > 2013-07-26 15:28 | Report Abuse

chillax ;)

Posted by sylvesterling > 2013-07-26 15:29 | Report Abuse

warming up ~

Posted by shahfar8 > 2013-07-26 15:54 | Report Abuse

sylvesterling: still warming up ka?

Posted by sylvesterling > 2013-07-26 15:57 | Report Abuse

hehe ~~ this the game they play ^^

Posted by ripthatoff > 2013-07-26 16:15 | Report Abuse

we might have to wait a long time

Posted by SJaladdin > 2013-07-26 16:19 | Report Abuse

not yet not yet

Posted by bull007 > 2013-07-26 16:24 | Report Abuse

heard another round to push to 0.15 but too many sellers now. gonna wait until it heat up first

Posted by Stock Operator > 2013-07-26 17:27 | Report Abuse

i wonder where 2nd wave is....

Posted by Nallayak > 2013-07-26 17:57 | Report Abuse

happy hour lah by 4 pm

Posted by Nallayak > 2013-07-26 17:58 | Report Abuse

clean 7 - 11 want to move shr fat hopes

Posted by OSWALD > 2013-07-26 18:05 | Report Abuse

Curious, curious - how many 7-11 stores do they have to clean?

Posted by kitkat > 2013-07-26 18:37 | Report Abuse

http://www.theedgemalaysia.com/first/247470-hot-stock-flonic-jumps-13-on-7-eleven-contract.html

Posted by kitkat > 2013-07-26 18:39 | Report Abuse

1,100 x RM800 per store per month...

Posted by OSWALD > 2013-07-26 19:10 | Report Abuse

Checked 7-11's website - have 1450 stores nationwide as at June 13 - wonder how are they going to have their people all over to do cleaning.
Thks 'kittykat'.

Posted by williamtan9108 > 2013-07-26 19:12 | Report Abuse

Will see up up next week=)

Posted by Nallayak > 2013-07-26 20:22 | Report Abuse

Any new deals hinted in today's AGM, promises etc. How was the food servings if any

Posted by williamtan9108 > 2013-07-26 21:35 | Report Abuse

Diversified business vitality and Technology Hebei turnaround

(KUALA LUMPUR) with business diversification, energy technology (FLONIC, 0109, GEM) can hope to achieve positive results for the next performance, but did not disclose the company's ability to turnaround.

Vitality and Technology 2014 fiscal first quarter (ended April 30, 2011) from a net loss of 970,000 ringgit, narrowing 37.01% yoy to 610,000 ringgit net loss; turnover from 650,000 ringgit, up 418 percent, to 3.4 million ringgit.

Recent technological dynamism to 3.75 million ringgit acquisition JIWA Holdings Pte Ltd 30% stake. Meanwhile, energy technology also has the option to 2.625 million ringgit additional holdings JIWA Holdings Pte Ltd 21% stake.

Energy technology areas covered, including storage drive (HDD) and semiconductors.

Vitality and Technology Chairman and Executive Director Caiwei Han (transliteration) frankly, electronic manufacturing market slowdown does affect the company's business sterile room.

He pointed out that through the acquisition of equity JIWA Holdings Pte Ltd, diversify energy technology can be so involved in project management (project management), interior decoration, as well as trade and manufacture of solid wood furniture.

Caiwei Han pointed out, "With diversified business, energy technology will hopefully get a positive performance."

His energy technology AGM and EGM after the media said so. Anyway, he declined, vitality technological contribution from business profitability.

He said, "Third quarter results will reflect the profit contribution from JIWA holding."

Energy technology today at the EGM by the par value per share from the current 10 cents to 5 cents per share under the cut, which means paid-up capital from 34,994,493 ringgit, pulled to 17,497,247 million ringgit.

Energy technology shares in May at 0.06 ringgit or so, however, the stock frequently higher in the near future, the current has risen to 0.12 ringgit.

For energy technology shares higher in the short term reasons, Caiwei Han said share prices grow by many factors, so do not want to comment.

Knowledge on changes in equity

On the other hand, the question, the number of cases in the recent dynamism Technology shares changed hands, it will introduce a new Board member, Caiwei Han said that for large changes in shareholder matters ignorant.

According to Bursa Malaysia proclamation, TCMH (TCHONG, 4405, motherboard consumer stocks) founder, the late Tan Sri granddaughter Ivy Sau Ching Chan Moonfire 16th of this month, to $ 0.105 per million ringgit holdings vitality Technology 700 stock, so that its direct stake to 2,350 shares, or equal to 6.72% stake, while emerging as major shareholders. Ivy Sau Ching is Caiwei Han's wife.

On the other hand, energy technology yesterday released a notice of changes in equity, Wu Shengjie (transliteration) on June 25 to buy Novatige company's 70.15% stake, and then through the latter emerged as the largest shareholder of technological dynamism. Wu indirect stake of 13.57% dynamic technology.

Today at closing time, energy technology reported to 0.12 ringgit closed flat plate hanging.

From Oriental Daily News (GOOGLE TRANSLATE)

Posted by williamtan9108 > 2013-07-26 21:36 | Report Abuse

I shall assume that as a good news! =)

Posted by OSWALD > 2013-07-26 21:54 | Report Abuse

Yeap, good news;;;;...would hav been better with better translation.

Posted by williamtan9108 > 2013-07-26 21:58 | Report Abuse

perhaps, you might go for the chinese if you understand =) btw, I'm eager to look forward for its coming quarter report.. TP 0.20 is achievable provided more upcoming projects =)

Posted by OSWALD > 2013-07-26 23:06 | Report Abuse

Slow and steady better..otherwise UMA.

Posted by williamtan9108 > 2013-07-27 09:25 | Report Abuse

Something brewing in Flonic?

THE potential emergence of a couple of high-profile shareholders in smallish, loss-making Flonic Hi-Tech Bhd is bound to pique investor interest in the weeks to come.

So far, the manufacturer of critical and precision cleaning systems for various industries has announced that Tan Siew Ching who is the granddaughter of the late Tan Sri Tan Yuet Foh - founder of Tan Chong Motors Holdings Bhd - has increased her stake in the company to a substantial 6.72%.

Tan bought 10 million shares at 10 sen each on July 15 and another 7 million shares at 10.5 sen each a day later, pushing her small stake in the firm to that percentage.

Following this, market talk has it now that a well known oil and gas industry player could potentially surface as a major shareholder in the company too.

Why all these changes is not very clear at the moment but they do suggest that something is cooking in this firm, which is currently loss-making.

While speculation is still swirling as to who that oil and gas personality is, sources say it is former Perisai Petroleum Bhd major shareholder Nagendran Nadarajah.

According to one source, he had been accumulating shares in the firm over the past few days and could potentially hold a substantial stake in it.

In 2010, Nagendran disposed of his 19% stake in Perisai to HCM Logistic Ltd, a subsidiary of Singapore-listed Ezra Holdings Ltd.

Nagendran is known to be a savvy investor and an oil and gas heavyweight. He also reportedly holds a stake in South-East Asia’s first special purpose acquisition company - Hibiscus Petroleum Bhd.

Whether or not he eventually emerges in Flonic, it is no surprise that questions are already being raised as to whether or not Flonic could potentially tap and diversify into the oil and gas industry.

Still, it is early days.

Currently, the largest shareholders in Flonic are one Ong Say Kiat with a 8.60% stake, followed by private firm Novatige Sdn Bhd, which holds a 7.72% stake.

Tan is the third largest shareholder, according to Bloomberg data.

Novitage, based on latest filings have also seen some change in ownership.

Notably, Tan’s husband, Chua Wye Man, is the executive chairman of Flonic and has a 1.86% stake in the company.

Chua, much like Tan, is also linked to the family of a high-profile automotive firm - namely the Cycle & Carriage Bintang group which is a dealer for the Mercedes Benz brand in Malaysia.

He was appointed a director of Flonic in June last year and re-designated to executive director and executive chairman later in the year.

The operations

At the moment, Flonic is loss-making, reporting a net loss of RM611,000 for its first quarter ended April 30, against a net loss of RM970,000 for the same period.

Revenue stood at RM3.4mil for the period against RM658,000 for the quarter a year ago.

As at April 30, the group did not have any capital commitments.

Based on its latest closing price of 12sen, Flonic’s market capitalisation stands at RM42mil.

The company on its website says it is able to cater “virtually to any type of cleaning requirement for any industry” including the high-end semiconductor, electronics, hard disk, aerospace, medical, automotives and food industries, across the globe.

Some of its clients include multinational firms located in countries including the Philippines, China, the US, Britain and South East Asian countries.

Currently, it is understood that Flonic has no link whatsoever to the oil and gas industry.

The company’s pretty much stayed out of the limelight for the last couple of years save for a couple of announcements to the stock exchange.

In January, Flonic proposed to buy a 30% stake in Jiwa Holdings Sdn Bhd, a group mainly involved in interior design and furnishing projects for RM3.75mil cash.

This week, Jiwa M&E Services Sdn Bhd (JMES) a subsidiary company of Jiwa Holdings had on Tuesday executed a maintenance service agreement with 7-Eleven (7E) Malaysia Sdn Bhd to provide comprehensive preventive maintenance services relating to the 7E convenience stores including maintaining, repairing and up-keeping all fittings, fixtures and specified equipment in the stores.

The monthly services fee chargeable to 7E is RM800 per store.

JMES will calculate the service fee based on the number of operating stores which has been certified to be integrated maintenance compatible, the company told Bursa Malaysia without specifying the exact number of stores involved.

The services period, it said, shall be for a term of 3 years commencing from June 1, with an extension of another 3 years in the event 7E exercises its option to renew the agreement.

In its latest annual report, Flonic says the group places great importance in strengthening its internal structure as part of its strategy to deal with the current challenging business environment.
(The Star)

Posted by williamtan9108 > 2013-07-27 09:27 | Report Abuse

Yet another promising news!
Whether or not he eventually emerges in Flonic, it is no surprise that questions are already being raised as to whether or not Flonic could potentially tap and diversify into the oil and gas industry.

I feel they are planning to venture into O & G in the near future. Perhaps for those still holding must continue to hold tight. ;)

Posted by williamtan9108 > 2013-07-27 09:31 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2013/07/27/Something-brewing-in-Flonic-Will-it-see-the-emergence-of-an-oil-and-gas-expert.aspx

Posted by kingsu > 2013-07-27 11:10 | Report Abuse

wow!! good news ahead..

Posted by vinvin > 2013-07-27 14:28 | Report Abuse

Hope Monday will head north n fly high.............!

Posted by OSWALD > 2013-07-27 14:35 | Report Abuse

Yeaaaaaap..slow and steady, coming reports will say it has FLOwnsupersoNIC.

Posted by Nallayak > 2013-07-27 19:08 | Report Abuse

cleaning oil spills and oil pollution is even better bizness, easier than cleaning 7 - 11 , just pour chemicals to disperse oil slicks

Posted by apprentice > 2013-07-27 19:12 | Report Abuse

Nallayak, you so funny, just pour chemicals? Easier than cleaning 7 - 11? It takes years to clean oil slicks from spill and pollution.
Some areas never recover.

Posted by Nallayak > 2013-07-27 20:24 | Report Abuse

Oil spills oil majors will hv to pay for clean up lah , charge them as much as they can bear, the trick is to pour chemical to break up the oil slicks and sink them before they reach the shores. Business opportunity for this cleaning co, easier than cleaning 7 - 11, u seen 7 - 11 on sat nite b4 ?

Posted by williamtan9108 > 2013-07-27 21:02 | Report Abuse

news said nagendran had been accumulating the shares & I assume he will continue to do so until become a substantial shareholder. .

Posted by Nallayak > 2013-07-27 21:27 | Report Abuse

must be some bit of truths unless tcmh granddaughter cant get along with him, we shrhlders of course welcome him but at 15 sen we will all abandon him

Posted by keyin > 2013-07-28 11:49 | Report Abuse

Hopefully tomorrow will push up to 0.16....

Posted by Mowwwa > 2013-07-28 12:42 | Report Abuse

BUY ON RUMOURS SELL ON NEWS...

Posted by williamtan9108 > 2013-07-28 13:37 | Report Abuse

buy on facts instead? no offence =)

Posted by Nallayak > 2013-07-28 15:44 | Report Abuse

nobody buy on facts, all buy on rumour or hype

Posted by williamtan9108 > 2013-07-28 15:48 | Report Abuse

nobody but me.. anuway, hope all who trade this countrer will get profit=)

Posted by Nallayak > 2013-07-28 17:38 | Report Abuse

don't be smarter than the mkt

Posted by ShinRenNeo > 2013-07-28 17:53 | Report Abuse

Wiliam, I read the news and seems a mismatch and very strange...

Page 5 in the circular to shareholders (Flonic on 3/7/2013) says 7-11 project from august - dec. 2013 for RM4 million only. Flonic share in Jiwa is 30%.

Most promising profit margin after subtracting all material, labour costs... (50%) will make RM2 million. Flonic with 30% share will make 600K only right? Reasonable?

Buy why the reporter cook up such story of 3 yrs + 3 yrs (optional)...so strange??

Posted by ShinRenNeo > 2013-07-28 18:02 | Report Abuse

(from star business)
Something brewing in Flonic?

BY YVONNE TAN
YVONNE@THESTAR.COM.MY

Nagendran is known to be a savvy investor.
THE potential emergence of a couple of high-profile shareholders in smallish, loss-making Flonic Hi-Tech Bhd is bound to pique investor interest in the weeks to come.

So far, the manufacturer of critical and precision cleaning systems for various industries has announced that Tan Siew Ching who is the granddaughter of the late Tan Sri Tan Yuet Foh - founder of Tan Chong Motors Holdings Bhd - has increased her stake in the company to a substantial 6.72%.

Tan bought 10 million shares at 10 sen each on July 15 and another 7 million shares at 10.5 sen each a day later, pushing her small stake in the firm to that percentage.

Is this a coincidence? Reporter and shareholder share same surname??

Posted by skyland > 2013-07-28 18:03 | Report Abuse

poor company...avoid

Posted by ShinRenNeo > 2013-07-28 18:06 | Report Abuse

We cannot outsmart the market but we can definitely be 100% sure whether to put more money in by reviewing history...(read article).

IRM sees RM4.29m erased from market cap, tumbles to all-time low

JOSEPH CHIN

KUALA LUMPUR: Shares of plastics manufacturer IRM Group Bhd saw RM4.29mil erased from its market capitalisation over the past 1 1/2 weeks as it sank to all-time low of 7.5 sen on Tuesday.

It was on Feb 21 that its share price rallied to 40.5 sen on news about the entry of a new major shareholder.

This saw its market capitalisation hit RM5.265mil based on its paid-up of 130 million shares. However, at 7.5 sen on Tuesday, the market cap plunged to RM975,000.

To recap, the news that drove the share price was the emergence of new shareholder Tan Siew Ching. The 43-year-old Tan had bought a 13.83% stake comprising 17.97 million shares at 12.5 sen each in an off-market transaction on Feb 13.

Tan was understood to be the granddaughter of the lateTan Sri Tan Yuet Foh, the founder of Tan Chong Motors Holdings Bhd.

Unfortunately, IRM's share price has plunged on news that a subsidiary defaulted on a loan.

IRM said the default by Industrial Resin (Malaysia) Sdn Bhd was because of its inability to generate sufficient cashflow due to low volume of operations following limited financial facility from banks.

This was further aggravated by the company's announcement on Monday that it had failed to submit its fourth quarter report for the financial period ended Dec 31, 2012. This could see it being suspended on Friday.

Bursa Malaysia Securities said IRM Group failed to submit the results for public release within the stipulated timeframe pursuant to Paragraph 9.22(1) of Bursa Securities' Main Market Listing Requirements.

It added if a listed issuer fails to issue the outstanding financial statements within five market days after the expiry of the relevant timeframes, it would suspend the trading in the securities.

"The suspension shall be effected on the next market day after the suspension deadline," it said, adding trading in the company's shares would be suspended from 9am on Friday until further notice.

Posted by vinvin > 2013-07-28 18:24 | Report Abuse

ShinRenNeo, why u meddle up IRM's case in this forum n may confuse the traders of this counter?

Posted by ShinRenNeo > 2013-07-28 18:31 | Report Abuse

vinvin, I was reading star business on flonic. Then at the bottom of article, you can see IN THIS ARTICLE newsflash...so just copy loh. No offense..these are all from STAR business. Don't intend to confuse anybody here. :)

27 Jul
Something brewing in Flonic?
24 Jul
Tan increases stake in Flonic
05 Mar
IRM to be suspended this Friday
05 Mar
IRM sees RM4.29m erased from market cap, tumbles to all-time ...
26 Feb
IRM Group's shares continue to fall