Posted by sharkeatapple > 2016-03-15 09:57 | Report Abuse

investor99, thanks for the advise. :)
I din chase high.
What i hope is that the LIONIND's "bullishness" will help to improve both LIONCOR & LIONDIV performance.

Posted by investor99 > 2016-03-16 11:24 | Report Abuse

2 more weeks to go for Lioncor to summit regulation plan

Posted by investor99 > 2016-03-16 11:48 | Report Abuse

Lioncor will request for another extension again?

Posted by sharkeatapple > 2016-03-16 19:27 | Report Abuse

The request to extend until 31/3 (submitted on 29/1) still yet receice any reply.
From observation, request for pn17 extension is normally 3months.
But recent submission only 2months.
May be should be optimistic (my guess only, no solid point support).
This is not a recommendation to buy/hold/sell.
Haha.

Posted by sharkeatapple > 2016-03-21 16:16 | Report Abuse

Sharing some old news:
http://www.thestar.com.my/business/business-news/2012/07/28/putting-the-steel-in-megasteel/

http://www.bearing.com.cn/dev/read_news.php?id=33763&type=

http://www.thestar.com.my/story/?sec=bu&file=%2F2012%2F7%2F17%2Fbusiness%2F11672269

Posted by investor99 > 2016-03-21 16:39 | Report Abuse

sharkeatapple, old news meaningless to share, or u have any ideal?

Posted by sharkeatapple > 2016-03-21 18:13 | Report Abuse

investor99, u r right. May be it is meaningless, but there still some figures for us to understand more on Megasteel/steel industry as of 2012:
-There are 4 CRC producers, 2 steel plates makers, 5 coated steel producers, 26 steel pipes manufacturers and 21 steel service centres in Malaysia.
-“We have a HRC capacity of about 3.2 million tonnes but a current utilisation of 1.2 million tonnes or less than 40% capacity.”
-“We are using direct reduced iron and iron ore based scrap to produce grades of quality required by customers in the automotive inner parts, oil and gas and the pipes sector.
-“So far, we have no problem supplying to the overseas market, but it is ironic why a few locals would question our product quality,” he added.
-“Local producers can supply 80%, or 2.4 million tonnes of what these manufacturers are importing,”
-“If we can get back to the 2007 levels of 200,000 tonnes per month, we can turn around. Now we are at 80,000 tonnes per month,”
- RM40bil steel sector
and many more..

Posted by investor99 > 2016-03-21 21:17 | Report Abuse

Count down for lioncor regulation plan or request extend again ?

Posted by sharkeatapple > 2016-03-21 21:51 | Report Abuse

8 more trading (working) days to 31/3.
My guess is good news ahead.
Hope for the best, prepare for the worst.

Posted by investor99 > 2016-03-22 09:10 | Report Abuse

My guess is Lioncor will request for another extend again, if bursa reject the application , then they simply work out a regulation plan , hahaha!!

Posted by investor99 > 2016-03-22 09:12 | Report Abuse

Sharkeatapple, if is good news, this 10 days should be a right time for high risk investor to join in hit and run?

Posted by investor99 > 2016-03-22 09:22 | Report Abuse

If good news announce , it's consider a good news for whom brought it at 3.5 cts, share price should be same or higher than perwaja?

Posted by kipidap > 2016-03-22 09:49 | Report Abuse

I guess lioncor will request for another extention..

Posted by SUPERSUN > 2016-03-22 09:58 | Report Abuse

this counter NO HOPE already

Posted by angelinaloke > 2016-03-22 09:59 | Report Abuse

What Supersun comment is right, no HOPE. An abandon baby...

Posted by investor99 > 2016-03-22 10:00 | Report Abuse

Supersun, yes agree with u, if buy for gamble, can have a try, really not suitable long term invest

Posted by sharkeatapple > 2016-03-22 10:04 | Report Abuse

Agree to the above comments.
Unless good news announce, the share price will move upwards.
This counter is high risk.

Posted by angelinaloke > 2016-03-22 10:58 | Report Abuse

A plane that without pilot, where do you think it would be landing ? Do you wanna to take a ride on a plane without pilot ? think twice ...

Posted by angelinaloke > 2016-03-22 10:59 | Report Abuse

perwaja, kinsteel still there is a pilot..

Posted by investor99 > 2016-03-22 11:31 | Report Abuse

lionind coming again...

Posted by investor99 > 2016-03-22 11:42 | Report Abuse

worldwide steel price up again just now..

Posted by investor99 > 2016-03-22 12:35 | Report Abuse

http://www.zh818.com/html/2016/3/22/10468740.html

Posted by sharkeatapple > 2016-03-25 07:09 | Report Abuse

http://biz.sinchew.com.my/node/133664?v=mobile
中國出口減量‧全球鋼鐵業鬆口氣
2016-03-24 14:43

（中國‧北京24日訊）深受中國業者競爭所苦的全球鋼鐵業者總算看見一根浮木。商品交易巨頭來寶集團（Noble Group）指出，中國創紀錄的鋼鐵出口可望在鋼價回漲後下降，因為中國業者可能更有興趣和國內煉鋼廠、而非國外做生意。

來寶碳鋼鋼材分析師皮林斯基說，中國鋼鐵出口未來幾個月可能下降，主要原因是中國鋼鐵價格自去年12月來表現遠優於其他地區，已勁漲30至40%。

鋼鐵產量佔全球一半以上的中國去年出口寫下紀錄，因為業者當時急於因應國內鋼鐵價格下滑與生產過剩的問題。大量出口自中國的鋼材讓亞洲、歐洲與美國鋼市競爭愈趨激烈、重挫全球煉鋼廠獲利，業者指控中國傾銷廉價鋼品，也讓貿易關係愈趨緊張。

根據1月公佈的海關數據，中國鋼鐵出口在去年增加近20%至1.124億公噸。最新官方數據則顯示，中國2月鋼鐵銷量下滑17%至811萬公噸，為去年3月以來最低。

中國出口下滑，可望讓阿賽洛米塔爾（ArcelorMittal）與美國鋼鐵（USSC）等鋼鐵業者喘一口氣。

阿賽洛米塔爾去年陷入虧損，美國鋼鐵則積極投入反傾銷活動。

中國鋼筋價格繼連續5年走跌後，今年來勁漲24%。上海期貨交易所的鋼筋價格23日漲至每公噸2千240元（人民幣，下同），繼去年12月觸及每公噸1千618元的低點之後一路回升。

中國積極抑制鋼鐵產量

皮林斯基指出，今年中國鋼鐵價格回漲是受到產量減少帶動，“中國積極抑制鋼鐵產量，成為鋼價漲勢的主要推手”。

不過，他也認為，中國鋼鐵產量仍可能增加，使鋼價復甦的局面再度扭轉。
（星洲日報／財經）

Posted by sharkeatapple > 2016-03-28 16:26 | Report Abuse

Countdown: Four more days (28/3, 29/3, 30/3, 31/3) for Official Announcement on any Regularisation Plan.

Posted by investor99 > 2016-03-28 16:34 | Report Abuse

sharkeatapple: better countdown for lioncor to request another extension

Posted by sharkeatapple > 2016-03-28 16:54 | Report Abuse

Investor99, You’ve got a point.
Let's count down for that. Haha.

Posted by sharkeatapple > 2016-03-29 07:36 | Report Abuse

Countdown: Three more days.

Posted by investor99 > 2016-03-29 20:02 | Report Abuse

2 more days to go

Posted by investor99 > 2016-03-30 11:27 | Report Abuse

Tomorrow is the due date

Posted by sharkeatapple > 2016-03-30 22:43 | Report Abuse

5 October 2015 (OTHERS: REGULARISATION PLAN)
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4885469
On behalf of the Board of Directors of the Company, SJ Securities Sdn Bhd (“SJ Securities”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 5 October 2015 (“Bursa’s Letter”) granted the Company an extension of time up to 31 January 2016 to submit the Regularisation Plan to the regulatory authorities.
The Bursa’s Letter also stated that Bursa Securities’ decision is without prejudice to its right to proceed to suspend the trading of the securities of the Company and to de-list the Company in the event:
(i) the Company fails to submit the Regularisation Plan to the regulatory authorities on or before 31 January 2016;
(ii) the Company fails to obtain the approval from any of the regulatory authorities necessary for the implementation of its Regularisation Plan; or
(iii) the Company fails to implement its Regularisation Plan within the time frame or extended time frames stipulated by Bursa Securities.
Upon occurrence of any of the events set out in (i) and (iii) above, Bursa Securities shall suspend the trading of the listed securities of the Company upon the expiry of five (5) market days from the date the Company is notified by Bursa Securities and de-list the Company, subject to the Company’s right to appeal against the delisting.

29 January 2016
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4990269
On behalf of the Board of Directors of the Company, SJ Securities Sdn Bhd (“SJ Securities”) wishes to announce that SJ Securities had on 29 January 2016 submitted an application to Bursa Malaysia Securities Berhad (“Bursa Securities”) for an extension of time from 31 January 2016 to 31 March 2016 for the Company to consider options for any Regularisation Plan.

IF "no Regularisation Plan" and "no more extension":
Bursa Securities shall suspend the trading of the listed securities of the Company upon the expiry of five (5) market days from the date the Company is notified by Bursa Securities and de-list the Company, subject to the Company’s right to appeal against the delisting.

Posted by investor99 > 2016-03-31 07:38 | Report Abuse

if no any Regularisation Plan announce by today, Bursa Securities have the right to suspend lioncor on 8th Apr 2016..right?

Posted by sharkeatapple > 2016-03-31 08:09 | Report Abuse

Yes. But lioncor can submit request for extension (as previously did).

Posted by investor99 > 2016-03-31 09:16 | Report Abuse

Sharkeatapple, agree with u that lioncor can request for extend but high percentage bursa will not entertain if summit request after the due date. as per request by Lioncor extend until 31.3.2016,this 31.3.2016 is requested by Lioncor, if request for extend again, then really wordless , correct ?

Posted by sharkeatapple > 2016-03-31 09:47 | Report Abuse

Investor99, totally agree with u. Somemore no official reply on the decision for the request for extension until 31.3.2016. May b big angpow (announcement today) waiting for u. Worst case is "request for extension" again. Will it b entertained or not is another issue already.

Posted by investor99 > 2016-03-31 11:26 | Report Abuse

parkson up, others lion group stock still no motion yet..

Posted by investor99 > 2016-04-01 07:44 | Report Abuse

last month PN17 monthly announcement made on 1st March 2016:

The Board of Directors of the Company wishes to announce that the application to Bursa Securities for an extension of time up to 31 March 2016 for the Company to consider options for any Regularisation Plan is still pending a decision from Bursa Securities.

So today (1st April 2016) will have big announcement or not??

Posted by kk123 > 2016-04-01 08:00 | Report Abuse

If this is delisted..it will become worthless
With its huge debt..and losses each year - it is more likely that it will be approaching delisting/bankruptcy status very soon unless it found a white knight..who/which is like pumping in money and throw good money into the drain

Posted by sharkeatapple > 2016-04-01 08:06 | Report Abuse

Correct, kk123.
Investor99, we expected there is announcement made yesterday but not happened.
And today is overdue as the request for extension is until 31.3.16.
Seems like the chance is tiny.

Posted by investor99 > 2016-04-01 08:59 | Report Abuse

Huge buying volume q up at 4.5 cts, will lioncor perform like parkson and it call warrant yesterday?

Posted by sharkeatapple > 2016-04-01 09:03 | Report Abuse

Will lioncor surge in price & volumn and trigger uma?

Posted by investor99 > 2016-04-01 09:06 | Report Abuse

Sharkeatapple, patiently waiting too

Posted by investor99 > 2016-04-01 16:07 | Report Abuse

last hour bollywood show coming??

Posted by investor99 > 2016-04-01 16:11 | Report Abuse

finally..

Posted by investor99 > 2016-04-01 16:12 | Report Abuse

good news annouce soon??

Posted by sharkeatapple > 2016-04-01 16:13 | Report Abuse

Seems like good news ahead (announcement after 5pm today). Congratulations, investor99.

Posted by investor99 > 2016-04-01 16:18 | Report Abuse

sharkeatapple, congrats to u too..

Posted by investor99 > 2016-04-01 16:19 | Report Abuse

not so greedy, just goreng like parkson-cp yesterday enough.., haha!!

Posted by investor99 > 2016-04-01 16:20 | Report Abuse

5.5 cts now...

Posted by sharkeatapple > 2016-04-01 16:21 | Report Abuse

Not greedy. If got solid news announce later to support, then limit up on next monday. Hahaha.

Posted by sharkeatapple > 2016-04-01 16:23 | Report Abuse

无风(news/rumours)不起量(volumn).