Posted by Kingston1 > 2015-02-25 13:12 | Report Abuse

if Megb really drop the acquisition plan, it would definitely be good news for smrt. Time is the key for now.

Posted by marcofu88 > 2015-02-25 13:28 | Report Abuse

kIngston bro...strongly agree with u...if megb rejected , smrt will run fast...

Posted by esl_22 > 2015-02-25 13:57 | Report Abuse

@Kingston1: Bro, hopefully after March 5, she will wake up.

Posted by philan > 2015-02-26 18:07 | Report Abuse

MEGB ppl is being held on the throat by SMRT, they better realized that... reject deal- SMRT run earlier, accept it SMRT will jog further ;)

Posted by marcofu88 > 2015-02-26 21:39 | Report Abuse

Who going to attend EGM here?

Posted by Tornado > 2015-02-26 22:10 | Report Abuse

Correct me if I am wrong:-

SMRT & Creador will become major shareholder ( add up to more than 50% ) upon completion of buying MEGB shares from major stake holder Siva.

If megb minority share holders reject SMRT Holdings Bhd and private equity firm Creador's 60-sen-a-share takeover bid, then they shall keep their stocks. If they agree, then they have to sell their holdings to Creador/SMRT at 60c a pcs.

So irrespective of megb minority shareholder agree or disagree, smrt/creador will become major shareholder once the the deal with Siva is completed.

The only difference would be the minority shareholders can either decide to keep or to sell their
stakes at the stipulated decision date. Or they could sell at market price now.

The price after the decision date would either run up or down nobody knows........

The deal would only be call off if shareholders of SMRT rejected it in this coming EGM....

Posted by esl_22 > 2015-02-26 22:13 | Report Abuse

@Tornado: I agree with your explanation.

Posted by esl_22 > 2015-02-26 22:14 | Report Abuse

@marcofu88: Bro, I received the letter from SMRT but I'm not going. You go?

Posted by marcofu88 > 2015-02-26 22:19 | Report Abuse

Esl , same with u

Posted by marcofu88 > 2015-02-26 22:25 | Report Abuse

Esl , before any new announcement we trying to play some risky risky counter like DGSB & WINTONI :)

Posted by esl_22 > 2015-02-26 23:18 | Report Abuse

@marcofu88: Bro, all my money invested into SMRT and Systec already. If wanna buy others also hit and run but worry once bought then it drop.. haiz.

Posted by marcofu88 > 2015-02-26 23:22 | Report Abuse

Me oso hit and run only ma ...kekeke

Posted by esl_22 > 2015-02-26 23:24 | Report Abuse

@marcofu88: That day buy Perisai, once bought dropped like no business.. Lucky cut loss earlier but also loss 3k.. Haiz.

Posted by marcofu88 > 2015-02-26 23:28 | Report Abuse

Okok then trade carefuly

Posted by esl_22 > 2015-02-26 23:30 | Report Abuse

You too bro... Anyway, I wish you huat huat huat..

Posted by Al_investor > 2015-02-27 06:51 | Report Abuse

Today quarter report out right? Will it be good quarter also?

Posted by seb5 > 2015-02-27 12:02 | Report Abuse

SMRT substantial shareholders are Dato' Dr. Palan, Datin Kamatchi, SFHSB, FWSB, GPSB...I think chances of deal off would be negligible....an interesting point would be price fixing date for and listing of private placement shares at early March 2015 and mid March 2015...so the waiting should be over soon.

Posted by esl_22 > 2015-02-27 16:17 | Report Abuse

Hopefully will up soon.

Posted by KLSE_Investor > 2015-02-27 19:00 | Report Abuse

Collect now and waiting for up very soon...

Posted by Marcus Chang > 2015-02-27 19:06 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1890125

Posted by investstock8080 > 2015-02-27 19:53 | Report Abuse

hmm...result very bad, negative earning. how to up?

Posted by Kingston1 > 2015-02-27 19:53 | Report Abuse

Result as expected. Profits drop due to acquisition plan. However, Revenue has increased significantly which is a good sign. Let's see how smrtian react next week. The lower the better. ;)

Posted by Munger > 2015-02-27 20:03 | Report Abuse

Result oredy reflected in current low price..downside is limitet

Posted by Kingston1 > 2015-02-27 20:27 | Report Abuse

The Group's revenue increased by 133% to RM121.86million for the cumulative quarter 2014 compared to the previous year's corresponding quarter of RM52.40 million. The increased in revenue is mainly due to revenue contributed from education sector subsequent to the acquisition of CUCMS in Jan 2014.

Posted by Kingston1 > 2015-02-27 22:06 | Report Abuse

For the current quarter under review, the Group had achieved a revenue of RM31.54 million with a profit before tax ("PBT") of RM0.17 million compared with a revenue of RM17.45 million and PBT of RM6.25 million in the same quarter of 2013(Q4,2013). PBT of the reporting quarter decreased by RM6.08 million mainly due to one off corporate exercise expenses of approximately RM221,530, impairment of goodwill of RM1.5mill as well as amortisation of in tangible assets RM0.5 mill.

Posted by esl_22 > 2015-02-28 00:11 | Report Abuse

Hope gone?

Posted by Alpha Trader > 2015-02-28 00:25 | Report Abuse

The story has always been cucms and masterskill and pro elt, the company purposely wrote down and impaired all the negative stuff, same like megb

Posted by Kingston1 > 2015-02-28 00:40 | Report Abuse

AT @ any advise on this bro?

Posted by fahmi101 > 2015-02-28 01:47 | Report Abuse

after i sold presbhd due to bad Q result, price up no limit (TA uptrend shown before).. smrt 50:50

Posted by Al_investor > 2015-02-28 08:12 | Report Abuse

Let's hold together and enjoy the ride...

Posted by gauss > 2015-02-28 09:58 | Report Abuse

Ride up or ride down? Haha

Posted by esl_22 > 2015-02-28 11:21 | Report Abuse

Up hold until reach our tp.. If down hold until up again..

Posted by Tornado > 2015-02-28 13:03 | Report Abuse

May be another chance to buy below 50c ?

Posted by marcofu88 > 2015-02-28 13:10 | Report Abuse

Any bro join wintoni , dgsb & nexgram here ?

Posted by WiseEye > 2015-02-28 13:32 | Report Abuse

Earnings were hit by one-off expenses such as goodwill impairment, corporate exercises, amortization of intangibles, etc.

All these are merely accounting and by accounting, you will never see the true picture of business performance. Look the fair and pristine figures such as revenue, number of students enrolment, etc, cashflows, etc.

They give a better picture of the performance of a company. Revenue increased significantly with the acquisition of new CUCMS university. Also look into the future catalysts such as Pro-Elt contracts, possible MESB partnership, improvement of CUCMS enrolment and listing to the main market. These are extremely crucial factors for the future of the company.

We should be holding on to stocks that we see great future. At a growth stage now, there will definitely be turbulences here and there, but given sufficient time, they will grow into a strong company where we can just sit down and collect dividends.

Posted by alphajack > 2015-02-28 15:16 | Report Abuse

Pray that tan teng boo support it. If not holland for your all (40 cents)

Posted by Tornado > 2015-02-28 16:50 | Report Abuse

May be we should pray that Tan Teng Boo does not support it, so that we can collect cheap , isn't it ?
May be Tan Teng Boo will make use of this opportunity to goreng it down to top up at cheaper price ?
@alphajack is drooling to collect cheap , I think ...... ; )

Posted by Tornado > 2015-02-28 16:56 | Report Abuse

By the way, who can confirm I'cap has a stake in this counter ?

Posted by Munger > 2015-02-28 16:56 | Report Abuse

Did ttb own any smrt shares?

Posted by truthseeker1 > 2015-02-28 17:15 | Report Abuse

No. As long as MEGB still bleeding red, avoid SMRT as well.

Posted by alphajack > 2015-02-28 23:17 | Report Abuse

SMRT used to be good, I made decent profit last time from 55c all the way to 85c (peak reached 91-92)..I still have a bit smrt shares cause didnt sell all (sold 3/4 last time)..now almost back to my original purchase price 7-8 months ago sigh..a bit disappointed la..zzz. dunno wanna hold or dump it..zzz

Posted by cipapo > 2015-03-01 09:07 | Report Abuse

TTB will not buy a losing money counter

Posted by alphajack > 2015-03-01 10:02 | Report Abuse

Then prepare to go holland for those who have a lot here. hehehehe

Posted by TomyamGong > 2015-03-01 10:13 | Report Abuse

Holland one way ticket? if two ways ticket still ok.. still can come back later. Hahaha..
By the way who is ttb?

Posted by alphajack > 2015-03-01 10:22 | Report Abuse

ttb is a fund manager for icapitalbiz. ok la..sell sell go buy ifca enough. disappointed in this rdy. ifca only never fail me.

Posted by TomyamGong > 2015-03-01 20:24 | Report Abuse

I see. What will happen on Monday then? Hahaa.. can't wait to find out

Posted by kellysgk > 2015-03-01 23:01 | Report Abuse

Lousy company. Lucky I sold early and never buy back. phew!

Posted by Alpha Trader > 2015-03-01 23:12 | Report Abuse

investors should look beyond 2014 la, might be a good buying opportunity if it cross below 53 tomorrow, a bad call from me though, didnt know they were so aggresive, maybe they were taking chance to impair those assets given the weakness in share price

Posted by TomyamGong > 2015-03-01 23:38 | Report Abuse

At first purpose transfer to main board, then follow by acquisition with megb, at the end said delay transfer to main board, now profit drop.. but acquisition not being done.. Don't u think they are very obvious in doing bollywood drama? Haha.. the mgmt are suxx!!

Posted by esl_22 > 2015-03-02 09:09 | Report Abuse

Dropping...