Posted by Natu Ral > 2018-10-10 09:18 | Report Abuse

The resignation of an auditor can be a critical and highly publicised event with serious ramifications for the company, those associated with it and the auditor himself. Resignation, particularly in controversial circumstances, can expose auditors to various risks, including the risk of litigation from creditors, investors and the company.

Posted by selective_contrarian > 2018-10-10 09:21 | Report Abuse

RJ87 is correct. Lack of volume in this counter can skew the price greatly. Not reflective of the company's intrinsic value. Plus, the auditor resignation is not controversial since it's linked to differences over fees. Just be patient and hold, should definitely rebound. Fundamentals still very much intact.

Posted by selective_contrarian > 2018-10-10 09:22 | Report Abuse

@Natu Rai, except I don't think there was anything controversial about THIS particular resignation? Don't generalise incidents.

Posted by selective_contrarian > 2018-10-10 09:38 | Report Abuse

@Natu Rai it is also the law that should an audit resign due to extraordinary circumstances (questionable accounting practices etc) it is their duty and responsibility to release a statement informing the bourse that as to the exact reason of their resignation so that creditors, shareholders and the public are aware of the circumstances. Failing to do so makes them liable for prosecution if the future auditors find discrepancies in the books that went unreported.

So don't come here spreading fear, uncertainty and doubt. Get your facts straight first. I think a lot of people don't understand the nature of these announcements and immediately assume that something is amiss. I think management's statement was very clear. Remember that they will also be held liable if they make a public announcement stating one reason that conflict with the auditor's announcement (made only if the resignation was due to extraordinary circumstances).

Posted by RJ87 > 2018-10-10 11:17 | Report Abuse

Lai lai lai...Pang faster collect at 65sen and cut loss 60 sen to me...

selective_contrarian, these bunch of BOD damm kiam siap one. No PO, No work. They are pretty selective of their customer to keep the margin.

I'm done talking sense. So, I start talking nonsense here in i3 these days.

And I should stop offending operators and spill their beans. I sincerely apologise for my annoyance. =D

Posted by RJ87 > 2018-10-10 11:22 | Report Abuse

just for illustration, transacted volume is 750K shares at 70 sen only cost about 500K to move 5 sen.

if I hv 5 mil, 2 mil to buy in. 3 mil to shoot any resistance. Easily push price up to 85sen.

oh...sorry sorry....Spilling operators bean again....

Posted by AzerothJr > 2018-10-10 11:42 | Report Abuse

Don't always think go up only.
If you got 5million stock to sell later the price can also easily from 80cents drop to 50cents when you unload all. Becareful.

Posted by RJ87 > 2018-10-10 11:56 | Report Abuse

What makes u think I left with any shares to selldown?

Posted by Primeinvestor > 2018-10-10 12:38 | Report Abuse

Rj87 did u buy? Waiting below 60 hehehe

Posted by RJ87 > 2018-10-10 13:40 | Report Abuse

Just went to the bank and got 200k credit...lock n loaded....queue all the way down to 0.55 and picking up warrant along the way...

Posted by RJ87 > 2018-10-10 14:41 | Report Abuse

LGE's announcement spooked market gao gao...

Posted by 100003664926467 > 2018-10-10 16:21 | Report Abuse

Today market plunge, tomorrow will not . Trade carefully.

Posted by ahcheng12 > 2018-10-10 16:42 | Report Abuse

people panic we don't panic

Posted by geary > 2018-10-10 18:22 | Report Abuse

Hahaha... fearless... Just do it...Buy...!!!

Posted by RJ87 > 2018-10-10 21:07 | Report Abuse

I dare anyone here make another sell down tmr...

I want to buy 50 lots at 59sen and 100lots at 55sen.

Posted by RJ87 > 2018-10-10 21:20 | Report Abuse

This is temporary...and when profit rolls in and dividend is announced....

Market will have to look hard for excuses not to trade it at its fair value...

Posted by sincere_analyst > 2018-10-10 22:36 | Report Abuse

US market crashed !! Recession started since ever I called to run! You think now is funny ? Many ppl calling and meeting me for help. I say better let bangkali or saiful push better

Posted by geary > 2018-10-10 22:52 | Report Abuse

Dow Jones... always a benchmark for world equities markets...China haven't reach this level...still very skinny... hahaha...Well for earnings growth prospects company... people will analyse its earnings revisions for the next quarters...n decide for themselves. Nothing is perfect... everything is assumption n probability...its products or services...its Sustainability...plus management efficiency...Be very flexible n keep on changing to suit markets trends n sentiments. MOAT can be destroyed... nothing is forever in business ventures... don't fall in love with your Buy...love your wife n children...n those who gave you so much care before... Everything needs to be returned...you can't bring along...when the time comes...TQ.

Posted by pang72 > 2018-10-11 07:37 |

Post removed.Why?

Posted by 100003664926467 > 2018-10-11 08:34 | Report Abuse

晴时无云偶落雨，很可怕的。

Posted by mdesa5057 > 2018-10-11 09:31 | Report Abuse

haiya... auditor merajuk tak dpt naik gaji, terus jatuh ka..

Posted by geary > 2018-10-11 09:37 | Report Abuse

Attack...!!!
Trump calls stock sell-off 'a correction,' says Federal Reserve is 'crazy' | http://www.klsescreener.com/v2/news/view/441932

Posted by RJ87 > 2018-10-11 09:38 | Report Abuse

Got buy 65 sen pang? =D

Shit, queue 58sen, still too high...

Posted by RJ87 > 2018-10-11 09:41 | Report Abuse

RM1 comes in a day mer? I will let u know when it is.

Posted by geary > 2018-10-11 10:08 | Report Abuse

Aiyah... supermarket big bargains...people Q...to Buy...very early in d morning...But stock market bargains...people are worried n scared...n sleep... ZzzZzzZzz...???

Posted by pang72 > 2018-10-11 13:01 |

Post removed.Why?

Posted by RJ87 > 2018-10-11 15:08 | Report Abuse

U bought 65sen or not?

What a happy day today...checked everything on my shopping list...50lot at 58 and 100 at 55sen.

Posted by RJ87 > 2018-10-11 15:33 | Report Abuse

Hahahahaha...damm happy...this is what happens in panic sell...fundamental hasn’t change but do selldown...if price attractive I sapu...if sell now, I collect 10% return in a morning...

But why settle for just 10% le?

Posted by megat88 > 2018-10-11 15:35 | Report Abuse

wa someone make 10% today very pro

Posted by RJ87 > 2018-10-11 15:42 | Report Abuse

Lucky nia...u think every Sunday mer?

Who knows tmr pang is right again, sell down to 50sen...

Then u come someone very noob...hahahaha

Posted by RJ87 > 2018-10-11 15:53 | Report Abuse

Lionind very attractive...last price I sold was 1.10...I fair it at RM1...now Trading 0.77...

Hand very itchy.

Posted by pang72 > 2018-10-11 17:30 |

Post removed.Why?

Posted by geary > 2018-10-11 17:45 | Report Abuse

Aiyoo...you should have Q...before 9am. Added warrant...<@0.22. BTW still reasonably price...GL.

Posted by pang72 > 2018-10-11 17:48 |

Post removed.Why?

Posted by pang72 > 2018-10-11 17:48 |

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Posted by pang72 > 2018-10-11 17:51 |

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Posted by geary > 2018-10-11 17:57 | Report Abuse

Don't worry be optimistic...this one will be above 0.30...if no other unforseen circumstances happening...GL...!!!

Posted by RJ87 > 2018-10-11 19:58 | Report Abuse

Damm, I take very big position in this counter.

I fair it at 90 sen.

Posted by geary > 2018-10-11 20:08 | Report Abuse

What... surprised...!!!...warrant is a better option...since company don't pay much dividend n already issued bonus for warrant... percentage of capital gains can be more rewarding than mother share...at present moment...TQ.

Posted by pang72 > 2018-10-11 20:14 |

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Posted by geary > 2018-10-11 20:25 | Report Abuse

Hahaha...we shall see...2morrow...But don't be too... Greedy...set your target...at least take back half of your capital...n Standby your Bullets...a lot of chances...if you're prepared n optimistic...GL.

Posted by pang72 > 2018-10-11 20:35 |

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Posted by pang72 > 2018-10-11 20:35 |

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Posted by pang72 > 2018-10-11 20:35 |

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Posted by geary > 2018-10-11 21:10 | Report Abuse

Hahaha...all Red...from DJ yesterday...till 4+ hrs backwards...all markets red...like April 4... recently...very afraid lah...Holloween is coming to town...you are not fearful...wait after 10pm you check whether... it's your days ahead... hehehe...!!!

Posted by pang72 > 2018-10-11 21:14 |

Post removed.Why?

Posted by RJ87 > 2018-10-12 08:45 | Report Abuse

Next week...or next month or 2020.

Can tapao go sleep dy...

Posted by pang72 > 2018-10-12 10:17 |

Post removed.Why?

Posted by pang72 > 2018-10-12 17:10 |

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Posted by RJ87 > 2018-10-12 17:36 | Report Abuse

Apa macam pang...sold liao?