Posted by 8u29song > 2021-09-17 11:23 | Report Abuse

eepff sell cheap to some parties to raise poll fund ?? Later eepff will buy back higher ??

Posted by Myviva > 2021-09-17 12:01 | Report Abuse

Go down. Worst result this afternoon

Posted by Edwardong53 > 2021-09-17 12:18 | Report Abuse

Fully agreed with Bu29song .........

Posted by TedTock > 2021-09-17 14:14 | Report Abuse

True, never underestimate hidden hands.

Posted by wssvin > 2021-09-17 15:31 | Report Abuse

Notice of Ceasing to be Substantial Shareholder- EPF
Why is it so? Look down on Pei Mohs( White Hair)CMS

Posted by CHLEONG888 > 2021-09-17 15:46 | Report Abuse

what happened? drop so much

Posted by frank74 > 2021-09-17 17:06 | Report Abuse

Believe so too 8u29song...

Posted by jasonpau > 2021-09-17 17:09 | Report Abuse

Sad, bought it at skyprice RM 2.10. This company hopeless.
Reputation spoilt.

Posted by Luckyboy88 > 2021-09-17 19:22 | Report Abuse

Very bad sell down.

Posted by pakday > 2021-09-18 15:21 | Report Abuse

KUALA LUMPUR (Sept 15):
The Employees Provident Fund
(EPF) has ceased to be a substantial
shareholder of Cahya
Mata

Sarawak
Bhd (CMSB),
its Bursa

Malaysia
filing
showed
today.

The provident fund’s stake in
the group dropped below 5% after
it disposed of a total of 1.8 million
shares on Sept 10.
Previously on Aug 26, the
EPF disposed of 798,600 shares
in CMSB, reducing its stake to
5.12% or 54.98 million shares in
the group.
Based on back-of-the-envelope
calculations, the latest transaction
on Sept 10 leaves EPF with 53.18
million shares in CMSB.
The group recently in June
this year reshuffled the members
of its audit committee, as well as
its nomination and remuneration
committee.
This came amid allegations
of conflict of interest in terms of
awarding contracts and possible
financial mismanagement among
its top executives.
The group also said previous-
ly that its independent consultant
KPMG Management & Risk Consulting
Sdn
Bhd
(KPMG
MRC)

—
which was
appointed in June to

review
the group’s
financial management
of certain
investments

and
contracts — has completed

its
reports.
However, the legal investigations
of the investments
and
contracts
are still ongoing,
it added.
Shares in CMSB finished one
sen or 0.75% lower to RM1.32,
giving it a market value of RM1.42
billion. It saw 3.45 million shares
traded today.
Year to date, the stock has fallen
by 38.6% from RM2.15 recorded
in early January this year.

Posted by m_aloha > 2021-09-19 13:37 | Report Abuse

Start collecting..fundamental intact

Posted by Diamond7 > 2021-09-19 14:38 | Report Abuse

Wait till it drops more...prob below 1.10

Posted by jasonpau > 2021-09-19 20:55 | Report Abuse

The investigation still ongoing, may drop below RM 1.
EPF & Fund houses keep disposing OMG>

Posted by calvintaneng > 2021-09-19 21:01 | Report Abuse

Stay very safe in palm oil

Palm oil now the best as earnings of 100% to 200% very visible and clear as noonday sun

Posted by Luckyboy88 > 2021-09-19 22:13 | Report Abuse

What's the point of bringing in God to ur investment?? Buy and prey hard for ur stock pick?

Jasonpau, u are really an idoit if had picked up cmsb at 2.1 but dare not to buy when it's almost 50% discount.

EPF or even tabung haji selling news is not new. Judging by average traded volume of cmsb, it will only takes few day to absorb epf shares if they are serious to exit all.

To me the lower the better, hahaha!!

Posted by williamtkb > 2021-09-19 22:33 | Report Abuse

EPF may think over value... That's why they sold first. They will buy back if below rm1.

Posted by Luckyboy88 > 2021-09-19 23:44 | Report Abuse

William, are you sure at at 1.2++ epf may think CMSB is over value?

Then how can u explain the below :

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - EMPLOYEES PROVIDENT FUND BOARD | https://www.klsescreener.com/v2/announcements/view/3341681

There are more purchased by epf when CMSB was traded above RM2 happened during Feb till mei 2021 when cmsb peaked.

*** go thru announcements u will notice epf was net buyer at that time.

EPF is just another pau fella that mess out big with your fund.

Posted by Luckyboy88 > 2021-09-20 01:11 | Report Abuse

Epf kena kaw kaw dan rasa sebak (broken heart) dengan serba dinamik. Play safe dengan cmsb.

Serba kemungkinan besar cooked up the book, ini pasal lucky tak jengok sekali pun.

Cahaya tak sama, CFO mungkin ada element misslead BOD. itu pasal kena goreng pun tak berani cabar kat makamah industrial yg dirinya tidak bersalah.

Memang terkesan nama baik cahaya dengan kos reputasi telah diterjemah menjunam lebih daripada 50%. Kejap lagi kita akan tahu, kesannya tidak separah mana lucky jangka Dan lepas ni cahaya boleh move on.

Strategi saya : tak akan jual sebiji saham, tunggu dia orang panic jual dengan beli pelahan-2. (pasar an lembab ni)

Hantam hoot9e bila KPMG bagi berita baik hujung bulan.

2x fund besar.

Posted by warrenchok90 > 2021-09-20 09:15 | Report Abuse

If drop because due to the investigation… should not increase to 1.4 before. Just hold and observe. I think this counter quite reflect to the market. When whole market goes green it automatically go higher. Nothing to do with the cfo mismanagement anymore. That cfo already no more in cmsb. Now changed cfo.

Posted by jasonpau > 2021-09-20 09:19 | Report Abuse

Lucky Boy88, Don't act like a pro please.

50% discount good to average ? i am looking forward to see further dip... Now it's still overvalue. Hohoho.

Posted by Luckyboy88 > 2021-09-20 09:47 | Report Abuse

Selling at 1.2 you say it's over value. I wonder what motivate u to brought at 2.1 at the 1st place.

Your super kiasi behavior had doubt me that u r owning any cmsb share. Stop all ur noncense and bulls hits.

Posted by TedTock > 2021-09-20 09:57 | Report Abuse

Not selling any share. It’s still profitable in my portfolio. If you stand back a bit and see the big pic, you will see this is very cheap.

Posted by jasonpau > 2021-09-20 10:20 | Report Abuse

Chill Lucky boy, Losing faith in this counter is not equal to Kiasi,

What for to sell if already dipped so much, keep the units there and average when it's super cheap.

Investigation is still ongoing. and EPF keep disposing.
Consider good to buy when it is below RM 1.

Stay Calm and expect for cheaper price to come

Posted by m_aloha > 2021-09-20 18:26 | Report Abuse

Reversal at 1.18 support..

Posted by Bullbursa > 2021-09-21 14:12 | Report Abuse

https://www.thestar.com.my/news/nation/2021/09/21/1190km-of-roads-to-be-upgraded-built-in-sabah-under-mp12-says-yang-di-pertua-negri

Posted by Bullbursa > 2021-09-21 14:13 | Report Abuse

Very positive for cmsb

Posted by monetary > 2021-09-21 18:34 | Report Abuse

it's sickening to see tat markets group cms together with serba, kpower n scib.

Posted by firehawk > 2021-09-22 09:51 | Report Abuse

a miserable thing

Posted by TedTock > 2021-09-22 14:08 | Report Abuse

Wait till the 12th Malaysia Plan is revealed and the national budget.

Posted by kevinobc > 2021-09-24 23:04 | Report Abuse

https://www.msn.com/en-my/news/national/power-deal-with-sarawak-will-shock-sabahans-says-dap-man/ar-AAOMl5A?ocid=msedgntp

Posted by williamtkb > 2021-09-25 19:40 | Report Abuse

@Luckyboy88 if you still holding CMSB, please check your portfolio bank value for this company. If you think not overvalued now, you can keep buying more. Wish you earn big money from this counter

Posted by Luckyboy88 > 2021-09-25 23:44 | Report Abuse

Company SBB (share buy back) details :

1) Notice of SBB by a Company Pursuant to Section 127 (16) of CA 2016 | https://www.klsescreener.com/v2/announcements/view/3360883

2) Notice of SBB https://www.klsescreener.com/v2/announcements/view/3315893

3) Notice of SBB https://www.klsescreener.com/v2/announcements/view/3270139

4) Immediate Announcement on Shares Buy Back | https://www.klsescreener.com/v2/announcements/view/3267039

I only highlight 4 and there are plenty more in the announcements.

*** NOBODY KNOWS BETTER THAN BOD ON THE FAIR VALUE OF CMSB. THE MIN PRICE PAID IS A LOT HIGHER THAN CURRENT PRICE AND I BELIEVE NOT MANY RETAILERS CAN AFFORD THE QUANTITY PURCHASED AT 1 TIME.

I'm on kacang putih, its not up to me to decide the fair value of CMSB but I value each cents of my hard earn money and seriously into it.

CFO saga will not crippled this giant of Sarawak with monopoly business. All being priced in and the conclusion is just day ahead.

Tq

Posted by Luckyboy88 > 2021-09-26 00:25 | Report Abuse

That why I say it's a conspiracy of inner circle whereby company resale the SBB share at price above RM2.

Now it can easily buy back the sold share at 50% discount. If further depress of share price and after KPMG finding concluded SBB shall be activated again.

It sounds bad, that's the real wolves of Wall Street.

Why sell now when price already in buy territory. Unless ur projection is another big drop or totally lost faith in this company, then pls go ahead.

Posted by Luckyboy88 > 2021-09-26 00:57 | Report Abuse

Resale of SBB :

Notice of Sale or Cancellation of Treasury Shares (Section 127 of CA 2016) | https://www.klsescreener.com/v2/announcements/view/3340059

Company can buy back 2x the quantity it had sold, so don't be water fish.

# William, I too wanted a piece of cahaya at 0.8 or 1.0 but as a responsible man I cannot encourage friends in i3 to sell at current lv especially those sell at lost. There are many big players who scoop in 2~3k shares at 1 order that's why no good to negative comments to fulfil our personal desire. How many shares you can buy?? ( I'm not look down on you)

I know u r smart person, big possibility u had pocket 30% last round.

I already said, buy territory - buy according to ur budget and risk appetite.

Posted by Luckyboy88 > 2021-09-26 02:49 | Report Abuse

Timeline of events and price movement :

52w High - 2.52 ( last few days Feb 2021)

Company still retain SBB share at peak.

Date of shares sold from 30 Mar 2021 to 08 Apr 2021
Currency Malaysian Ringgit (MYR)
Number of treasury shares sold/transferred/distributed (units) 12,707,000
The minimum price at which the treasury shares were sold ($$) 2.240
The maximum price at which the treasury shares were sold ($$) 2.250

( dump everything and initiate the start of the ulgy downfall)

Peaked don't want sell but rather create panic or suppression of price ahead of internal missmangement news on main stream medias.

https://www.theedgemarkets.com/article/cahya-mata-sarawak-suspends-cfo-facilitate-probe-financial-mismanagement-claim

Bekir news ( 22nd April 21), thus far case settled.

CFO news (5th May 21), fired and pending final advice from KPMG and company legal advisors.

Close circle knows too in advance be4 scandal widely published.

That's why market react negatively to bekir (deputy chairman) and brother sulaiman (group CEO) helm 2 important position in cahaya.

Posted by Luckyboy88 > 2021-09-26 12:26 | Report Abuse

"they" can redo 1 more time or few more times as long as there still got spectators. New scripts plus reinvention.

Prirates of the Caribbean
1) the curse of the black pearl
2) dead man's chest
3) at world's end
4) on strange tides
5) salazar's revenge
6) tale of the code : wedlocked

Rambo 1(1st blood), 2, 3 and 4(last blood)

Terminator, 2(judgement day), rise of the machines, salvation, genisys and dark fate

Jurasic Park :............................


ALL BLOCKBUSTERS, just wait they call ACTION!!!

Posted by lawpc128 > 2021-09-28 16:53 | Report Abuse

5g telco, 12mp infrastructure, digital banking licence all coming soon. Cmsb is well positioned to get some of the works

Posted by sivapakiam311056 > 2021-09-28 19:57 | Report Abuse

as long as the outcome of the ongoing investigation is not detrimental and the governance issue is addressed, CMSB should move up

Posted by sivapakiam311056 > 2021-09-28 20:06 | Report Abuse

the current price of CMSB does not reflect its fundamentals

Posted by TedTock > 2021-09-29 15:46 | Report Abuse

Personally I don’t see any long term issues. The business is solid. Maybe not suited to impatient traders.

Posted by treasurehunt > 2021-09-30 11:15 | Report Abuse

CMSB is interesting at this juncture...solid material business.

Posted by monetary > 2021-09-30 11:35 | Report Abuse

any chance to goreng 2nd round next month?

Posted by CHLEONG888 > 2021-09-30 13:00 | Report Abuse

will back to 2.00 very soon, be patience

Posted by monetary > 2021-09-30 14:40 | Report Abuse

has been very very patient

Posted by monetary > 2021-09-30 14:46 | Report Abuse

budget 2022 to b tabled a month from now. insider should know the contents by now

Posted by treasurehunt > 2021-09-30 14:47 | Report Abuse

Coming... CMSB forward PER below 8x nia.

Posted by monetary > 2021-09-30 14:50 | Report Abuse

only Gbg n Cms move. all others no move. the theme is Sabah Sarawak.

Posted by treasurehunt > 2021-09-30 15:02 | Report Abuse

CMSB cement segment is generating high profit whereas other cements players don't make money and yet able to fetch much higher market cap. Mana boleh.

Market Cap
CMSB - 1354m
Humeind - 526m
Mcement - 3918m

Posted by husni007 > 2021-09-30 19:13 | Report Abuse

Mcement biggest cement manufacturer in Peninsular Malaysia,cannot compete

Posted by mirilang > 2021-09-30 19:33 | Report Abuse

insider news sarawak state election will be coming november