Posted by ivan9511 > 2017-11-09 00:28 | Report Abuse

Sanichi plans cash call to raise up to RM99.1 mil for property development projects - moneyKing

Posted by man72 > 2017-11-09 07:30 | Report Abuse

rubbish stock in bursa

Posted by sailang_now > 2017-11-09 12:22 | Report Abuse

Sell now before it's too late! Support at RM0.11 very weak, soon it will be RM0.105 and then RM0.10 so on...and you will be forced to subscribe for the RM99 million rights shares at RM0.10 each within 2 weeks once it is announced...to add salt to your wounds...

Posted by ivan9511 > 2017-11-09 13:06 | Report Abuse

if right issue at 0.1 then will.drop yo 0095 after right issue boss will think other plan.
no money use our money to play . later projek no going will ask more right issue at 005 .003 001
until no.floor .
chinastock mercy than sanichi.
because china stock no good just suspend or let it drop only
sanichi will consolidation millions times with no mercy

Posted by richman > 2017-11-09 15:32 | Report Abuse

11cts bottomed now wait for the rebound think will be a strong one based on its past records. easy to push less share

Posted by sailang_now > 2017-11-09 16:24 | Report Abuse

Once bitten twice shy...twice bitten not only thrice shy but nude!...there is no income from property development since the next target date for completion of Marina Point is now mid 2020...the money from the coming rights issue is for property development again...since there is no sign of income from money from the rights issue in 2016...what makes you think there will be income generated from the forthcoming rights issue?

According to past Sanichi's track record, the share price will on temporary stabilised around 8 to 8.5 sens...unless Dato Seri willing to do a Tan Sri...proof it by throwing a few millions for share buyback asap...

Posted by Risk Trader > 2017-11-09 21:36 | Report Abuse

One day Sanichi will fly until no seller....now is time to buy more lot

Posted by mikeann > 2017-11-09 22:15 | Report Abuse

Basement price now. Strong rebound imminent. First Resistance 0.13

Posted by sailang_now > 2017-11-09 22:58 | Report Abuse

Don't be too sure...you don't know what Dato Seri has in mind yet...but what we know as stated in the NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING SANICHI TECHNOLOGY BERHAD ("SANICHI" OR THE "COMPANY") PROPOSED RIGHTS ISSUE WITH WARRANTS document dated 09 Oct 2017, Dato's next project for the coming rights issue is to increase his direct shareholding from 3.49% to 27.84 at the expense of the minority shareholders. Since Dato Seri has already assumed most of the entitled minority shareholders would not subscribe for the rights shares at RM0.10 each. Who will part with their hard earned cash just to see...the share price goes down in front of their very eyes just to satisfy Dato Seri's whims and fancies?

Refer Link (extract of page 5 of Sanichi Rights Issue Document)
http://oi65.tinypic.com/2pte2c5.jpg

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5567709

Posted by richman > 2017-11-13 10:14 | Report Abuse

goring counter anytime today got my warrants at 3.5cts and waiting for a big gain

Posted by richman > 2017-11-13 10:14 | Report Abuse

lows now expecting it to test 15cts and if broken next 20

Posted by richman > 2017-11-13 11:16 | Report Abuse

to make the rights attractive sure must push price

Posted by sailang_now > 2017-11-13 12:25 | Report Abuse

Sadly the reverse is going to happen this time...since Dato Seri's prime interest for the coming rights issue is to increase his direct shareholding from 3.49% to 27.84 at the expense of the minority shareholders.

Since Dato Seri has already assumed most of the entitled minority shareholders would not subscribe for the rights shares at RM0.10 each...Dato Seri may press the share price lower than 10 sens to make it successful. After all... personal interest outweights shareholders' interest. See the support at 11 sens already very shaky today ...it wiil be breached very soon..

Posted by BILLC > 2017-11-13 13:29 | Report Abuse

In other words,dato seri Pang sai can also huat ahhhhhh,

No wonder this counter keeps on lau sai!

Posted by richman > 2017-11-13 13:35 | Report Abuse

he will want to keep minority shareholders also happy lah or after kena hentam outside,My reliable source says to expect a strong rebound this week .You decide your money friends.I only help based what info I get.Huat ARRRR

Posted by richman > 2017-11-13 13:36 | Report Abuse

wd is where the gold is when the mummy comes

Posted by richman > 2017-11-13 13:38 | Report Abuse

MARA if not mistaken still has a sizeable stake so think lah kawan ku

Posted by richman > 2017-11-13 13:41 | Report Abuse

last week too my prediction on HWGB too was chun made a fortune going in the warrants at 3 and exit 4.5 now it is Sanichi I bet will come

Posted by richman > 2017-11-13 13:42 | Report Abuse

always remember when fear is greatest or there is so much negative talk BUY

Posted by richman > 2017-11-13 13:44 | Report Abuse

no risk no gain mah simple as that don't wait for it to be at its peak then buy and die

Posted by sailang_now > 2017-11-14 11:40 | Report Abuse

Bursa today only 1,738 points as support at 1,740 already broken. Since Dato Seri is not willing to throw a few millions for share buyback asap to prop up the price and keep the minority shareholders happy.

Dato Seri is probably reserving his RM10 million to pay for the rights an excess shares to raise his direct shareholding from 3.49% to 27.84 at the expense of the minority shareholders during the coming rights issue?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5567709

Posted by sailang_now > 2017-11-15 10:18 | Report Abuse

What's the point... when Marina Point will only complete in June 2020...2.6 years from now? In the meantime there is no income whatsover from property development except for the costs...how to tahan...that's why the need for more rights issue for property development again...atm Bursa is down to 1,731.26 points this morning and may be broken anytime...guess wthat will be Sanichi's price then? 9 sens...8 sens or even 7 sens? Sell before its too late...

Posted by richman > 2017-11-15 15:47 | Report Abuse

will surge soon this week monitor the WD tp at least 6-8cts easy

Posted by richman > 2017-11-15 15:48 | Report Abuse

the mum should soon break 15 cts once it starts moving

Posted by sailang_now > 2017-11-15 16:24 | Report Abuse

After the RM99 million rights issue, next year followed by another round of share consolidation?
btw Bursa now at 1,727.85 points as 1730 support level already broken!

Posted by mikeann > 2017-11-16 19:05 | Report Abuse

Today closed 0.105. What happened?

Posted by richman > 2017-11-17 10:32 | Report Abuse

mike they are suppressing and you can expect a strong rebound maybe from today but definitely next week

Posted by richman > 2017-11-17 10:34 | Report Abuse

tp 6cts

Posted by richman > 2017-11-17 10:37 | Report Abuse

sanichi easy to push for it consolidated 3:1 so many will not sell cheap

Posted by richman > 2017-11-17 10:50 | Report Abuse

sorry tp 6 cts for netx

Posted by richman > 2017-11-17 10:50 | Report Abuse

short term sanichi 13-15cts long term above 20 cts

Posted by CDYS > 2017-11-17 11:43 | Report Abuse

RUBBISH STOCK

Posted by Risk Trader > 2017-11-17 23:58 | Report Abuse

Sanichi will become likes Palette price next year....

Posted by sailang_now > 2017-11-18 14:29 | Report Abuse

Don't hope too much.. due to following factors

"The Group accounted for the construction and development of the Klebang Marina Point property
development in accordance with MFRS 111 and MFRS 118, whereby Revenues from the sale
of units can only be recognized once the unit is sold and handed over to the buyer."
http://www.malaysiastock.biz/GetReport.aspx?file=2017/8/30/0133%20-%201717150283451.pdf&name=Sanichi%20Technology%20Berhad%20-%2030%20June%202017.pdf
Implications:
* There will be no revenue or profits from property development until after June 2020 when Marina Point is estimated to be completed, the unit is sold and handed over to the buyer i.e. anticipated profits only to be recognised by end 2020 (in 3 years time) in the meantime, Sanichi will have to depend on its mould making business to survive.
* Property market is slowly down and may slow even further when the Marina Project is completed.
* Sanichi mould making business is export oriented, since Ringgit is appreciating as Malaysia GDP growth is 6.2%, there will be more losses from foreign currency exchange
* Sanichi next quarter results which is expected not to be favourable due to the above reasons will announced next week i.e 24 November?
* New ESOS of 20 million shares issued at RM0.101 per share on 15 November
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5603537
* Rights issue at RM0.10 per share to be implemented anytime now?

Posted by vincent27 > 2017-11-20 11:08 | Report Abuse

sanichi is repeating history itself, after drop to 0.006 then will do share consolidation after that ESOS

Posted by vincent27 > 2017-11-20 11:08 | Report Abuse

check back last few year its announcement and the chart..then u will know

Posted by BC1010 > 2017-11-20 11:13 | Report Abuse

This stock is useless. Their 1st project "Marina Point" haven't start yet, and I am very concern did they even sell 30% of it. Don't expect something from this company, especially you heard the living style of the "big boss" behind.

Posted by djibaok > 2017-11-21 19:49 | Report Abuse

belacan kaunter

Posted by richman > 2017-11-22 11:34 | Report Abuse

tp 15 cts coming then 20

Posted by sailang_now > 2017-11-22 15:00 | Report Abuse

It shows the type of management you are dealing with...if they really hide some profits as a game...

Anyway only 838,895 shares bought at RM0.105, giving a chance for those who subscribed to ESOS of 20 million shares @RM0.101 a lifeline. There's still 19.161 million shares waiting to be sold...then there is the Rights issue at 10 sens each to consider again

* New ESOS of 20 million shares issued at RM0.101 per share on 15 November
http://www.bursamalaysia.com/market/listed-companies/company-announcem...
* Rights issue at RM0.10 per share to be implemented anytime now?

Posted by richman > 2017-11-22 16:33 | Report Abuse

signs of collection and upward trend break 11 cts confirmed

Posted by mikeann > 2017-11-22 17:35 | Report Abuse

Rebounding strongly. First resistance 0.13

Posted by sailang_now > 2017-11-23 00:40 | Report Abuse

Nice try...first they trap you and then hit you with the Rights issue at RM0.10 anytime now?

Posted by talkcockeatshit > 2017-11-23 23:38 | Report Abuse

Coming

Posted by vincent27 > 2017-11-24 16:57 | Report Abuse

the trend is heading a south...soon..soon..

Posted by sailang_now > 2017-11-24 23:11 | Report Abuse

Nothing great to shout about, qtr. ended 30/9 profit maybe RM1.44 million but cumulative total comprehensive loss from all qtrs ended 30/9 is (RM9.263 million!) , refer page 1 of report below:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5614997

Posted by sailang_now > 2017-11-26 12:57 | Report Abuse

We shared the same thoughts last time and based on Sanichi's impressive paper value, invested in nearly 1,000,000 units @10 sens (RM100K) just after the 4:1 shares consolidation and 2:1 rights issue in 2016...Nothing could be safer and wrong right?

Wrong! What happened was, Dato Seri pulled the rug from under our very feet by suddently declaring another 3:1 share consolidation in 2017..Our 1 Million units suddently became 333,333 units overnight and if we have not cut loss... the 333,333 units at current market price of 10 sens will be worth only RM33,333, a staggering loss of RM66,667! (66.67%)

History repeats and Dato Seri just announced another Rights issue at 10 sen per share..and here we go around again.."One Bitten Twice Shy".."Twice Bitten Thrice Shuey"

Taking a quote from Sima Yi from the saga of The Three Kingdoms. You have a choice..
“If you can fight, fight;
if you cannot fight, defend;
if you cannot defend, flee; if you cannot flee, surrender;
if you cannot surrender, die”.

So what is your choice given the current situation, if you are caught in Dato Seri's Trap?

Posted by Mohd Fahmi Bin Jaes > 2017-11-26 14:47 | Report Abuse

Not time yet

Posted by winfly > 2017-11-26 18:41 | Report Abuse

If u hv hold little bit on this share just wait until zero! Dont touch it again

Posted by richman > 2017-11-27 08:14 | Report Abuse

QR is good with a profit but NTA 66cts