MULTI SPORTS HOLDINGS LTD

KLSE (MYR): MSPORTS (5150)

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Last Price

0.005

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

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0


9 people like this.

3,700 comment(s). Last comment by moornaga 2021-05-28 17:38

flyup888

455 posts

Posted by flyup888 > 2016-06-21 08:27 | Report Abuse

what is this? STRUCTURED WARRANTS ANNOUNCEMENT

tintan

261 posts

Posted by tintan > 2016-06-21 11:00 | Report Abuse

The syndicates who manipulate Msport maybe the same gangs manipulating CAP,CSL

tintan

261 posts

Posted by tintan > 2016-06-21 12:14 | Report Abuse

The syndicates love to manipulate China stocks especially those with cash rich. They can easily spread bad news through various medias saying that the account is fraud. In China , cheating is serious crime unlike Malaysia, every thing can be Kow Tim here.

Beststock

1,047 posts

Posted by Beststock > 2016-06-21 18:52 | Report Abuse

Yes, So scary. Good companies become penny stocks. Good for people who are daring to buy in and keep. Wait for the truths to prevail. Either good or bad. Real or unreal very hard to determine. But based on their Accounting Reports, we are OK. Life is uncertain and same goes to companies too. Nothing is certain and Nothing is Permanent.

Posted by Undilah_DAP > 2016-06-21 19:05 | Report Abuse

MCA is useless and cannot help those losing money. Vote DAP better.

Posted by tintan > Jun 21, 2016 12:14 PM | Report Abuse
The syndicates love to manipulate China stocks especially those with cash rich. They can easily spread bad news through various medias saying that the account is fraud. In China , cheating is serious crime unlike Malaysia, every thing can be Kow Tim here.

Posted by Undilah_DAP > 2016-06-21 19:49 | Report Abuse

What MCA(or BN govn) can do is penalize syndicate in selling down by jailing them and give them a huge fine causing small investors to lose a lot of money in China counters.

Posted by Undilah_DAP > 2016-06-21 19:50 | Report Abuse

Bursa cannot be same like casino where people don't invest base on FA.

Posted by Undilah_DAP > 2016-06-21 20:03 | Report Abuse

Syndicates involve(Purebear?) in selling down China counters like Msports must be jailed and have their stock broking license freeze like what done in Singapore.

Posted by Undilah_DAP > 2016-06-21 21:00 | Report Abuse

How true is below Purebear comment? Why until today no Bursa announcement that Paramjit Singh or Erwin involve in Msports selldown?

Stock: [MSPORTS]: MULTI SPORTS HOLDINGS LTD
May 7, 2016 11:38 AM | Report Abuse

"Based on Bursa’s listing requirements, a substantial shareholder needs to give notice on their acquisitions or disposals two weeks from the day they buy or sell the shares."
http://www.thestar.com.my/business/business-news/2016/05/07/koon-in-the-spotlight-over-untimely-disclosures/

If Paramjit or Erwin started selling from 26 Apr (day after first suspension announcement), they have up to 2 weeks to make announcement which is 10 May (the suspension day). By the time you know, it is already too late!
http://klse.i3investor.com/servlets/cube/post/purebear.jsp

Posted by Undilah_DAP > 2016-06-22 01:44 | Report Abuse

Singapore authorities raid local brokerages
http://www.cnbc.com/2016/04/22/

Why Bursa sleeping?

Beststock

1,047 posts

Posted by Beststock > 2016-06-22 14:17 | Report Abuse

Think you are right. Why no announcement was made for the sell down? Maybe the sell down was not done by any substantial shareholders?

tintan

261 posts

Posted by tintan > 2016-06-22 16:07 | Report Abuse

The sell down be less than 5% ,so no need to report mah. Teams work

tintan

261 posts

Posted by tintan > 2016-06-22 17:29 | Report Abuse

I believe the sell down from Mr Lin'accomplice ,not from Paramjit or Erwin

curious2

1,812 posts

Posted by curious2 > 2016-06-22 17:34 | Report Abuse

Why must "Mr Lin'accomplice" sell at low price not above say 10 sen?

Posted by tintan > Jun 22, 2016 05:29 PM | Report Abuse
I believe the sell down from Mr Lin'accomplice ,not from Paramjit or Erwin

tintan

261 posts

Posted by tintan > 2016-06-22 17:41 | Report Abuse

They want to trap kaki contra n margin players. n at the same time buying more than he sold. Syndicates like to use psychology to control your emotion

ivan9511

3,854 posts

Posted by ivan9511 > 2016-06-22 18:11 | Report Abuse

tintan, I abit takut when msp listed again the share price ?
because even a net profit counter like Cap famous evreyyear making net profit , nut come out share price drop from 0.40 until now 0.03, seem somthing wrong , based on finanacial reports Cap much more better than Msports , dont know why happen like this , I also dun know what is the true story going on china stocks , hope msp and cap can up back above 0.10 .\
god bless china stocks ?

tintan

261 posts

Posted by tintan > 2016-06-22 21:54 | Report Abuse

No red flags for both company. So nothing to worry mah.. the price is not the actual value of a company. This is just temporary fluctuation., normal for share market. Must have holding power in order to win.

bearguy

210 posts

Posted by bearguy > 2016-06-24 10:38 | Report Abuse

clock is ticking guys

tintan

261 posts

Posted by tintan > 2016-06-24 10:41 | Report Abuse

Ar2015 out anytime

bearguy

210 posts

Posted by bearguy > 2016-06-24 11:00 | Report Abuse

Have to or else GG :)

tintan

261 posts

Posted by tintan > 2016-06-24 11:32 | Report Abuse

Since un audited rpt aldy out, so no problem mah

Beststock

1,047 posts

Posted by Beststock > 2016-06-25 14:21 | Report Abuse

Patience is virtue. Please wait. Today market crashed because UK left EU. Tomorrow, everything will be OK. Just wait lah everybody.

tintan

261 posts

Posted by tintan > 2016-06-25 20:45 | Report Abuse

Luckily not listed yet if not Monday Lao Sai

tintan

261 posts

Posted by tintan > 2016-06-28 09:50 | Report Abuse

Look like Brexit does not affect local market much , sign of bottom for most of the cts

ivan9511

3,854 posts

Posted by ivan9511 > 2016-06-29 21:11 | Report Abuse

tintan do you know when will msports and maxwell can trade again in bursa, why no news on maxwell par value 0.40 wor ?

tintan

261 posts

Posted by tintan > 2016-06-29 22:09 | Report Abuse

No news yet.

aam1932

34 posts

Posted by aam1932 > 2016-07-01 05:24 | Report Abuse

Bila mahu list balik daaaaaa

TheContrarian

9,501 posts

Posted by TheContrarian > 2016-07-01 19:11 | Report Abuse

I think will not be relisted.

Posted by Undilah_DAP > 2016-07-01 20:01 | Report Abuse

What for relist when short sellers yet to be caught?

Posted by Undilah_DAP > 2016-07-01 23:16 | Report Abuse

Who is selling at 2.5-3.5 sen before suspension? None of the above 5% shareholders(Purebear claim) reported selling.

PureBear

249 posts

Posted by PureBear > 2016-07-05 10:03 | Report Abuse

MSports did not issue a ‘Monthly status update of issuance of Annual Report …’ on 30 Jun. It issued one on 31 May with minimum information (http://www.bursamalaysia.com/market/listed-companies/company-announcements/5111753) & now stops. Its ‘comrade’ Maxwell has issued both on 31 May and 30 Jun.

Why MSports didn’t bother to issue a status update? It is already > 2 months since 25 Apr when it said the External Auditors need more time to verify expenditure incurred and bank balances. 2 months is a long time, most of the works should have been completed. However, they don’t even dare to issue an update! Very likely there are more problems with the accounting rather than simply ‘auditors required more time’.

If these status update are requirements of Bursa, then MSports will be reprimand by Bursa later. Perhaps fine? Perhaps earlier delisting if continues to violate Bursa rules? Hahaha, omen of more bad things to come….

P.S. At lease Maxwell issue monthly status updates with more information than MSports. See the following links to compare them with the simple & minimum information one issued by MSports.
31 May update: http://www.bursamalaysia.com/market/listed-companies/company-announcements/5111321
30 Jun update: http://www.bursamalaysia.com/market/listed-companies/company-announcements/5137529

Stay tuned … more bad news coming … hehehe.

TheContrarian

9,501 posts

Posted by TheContrarian > 2016-07-06 13:22 | Report Abuse

Obviously it does not intend to relist. It's also incorporated in Bermuda and has no operations on Malaysia. Bursa Malaysia and SC can't touch it.

contrarian

297 posts

Posted by contrarian > 2016-07-06 13:46 | Report Abuse

No hurry to relist now that stock market still fragile. Perhaps wait for the day M'sia and Taiwan stock exchange have linkage for better price? Taiwanese can pay TWD 2.60 for Msport why M'sian value it 3.5 sen only?
http://www.bloomberg.com/quote/911626:TT

contrarian

297 posts

Posted by contrarian > 2016-07-06 16:44 | Report Abuse

Purebear when Msports issued AR so many years ago(or rather all China stocks listed here) do anyone believe their accounts? Why the fuss the latest one a delay?

Msports

153 posts

Posted by Msports > 2016-07-06 16:57 | Report Abuse

hamitouzhi and other Msports shareholders the only reason why people like Purebear making noise here is they miss profit from their short selling activities.

Msports

153 posts

Posted by Msports > 2016-07-06 17:04 | Report Abuse

Purebear perhaps you should buy a copy of Edge this week since you so ignorant.

Msports

153 posts

Posted by Msports > 2016-07-06 17:06 | Report Abuse

Very funny people like PureBear don't have any counter to promote yet only postings found here.

PureBear

249 posts

Posted by PureBear > 2016-07-06 20:06 | Report Abuse

MSports is not on Bursa Regulated Short Selling (RSS) list! Nobody can short MSports.

Bursa Approved Short Selling Companies
http://klse.i3investor.com/blogs/benhctan/29089.jsp

Regulated Short Selling (RSS) On Bursa Malaysia
http://1-million-dollar-blog.com/regulated-short-selling-rss-on-bursa-malaysia

PDF from Bursa
http://www.bursamalaysia.com/misc/system/assets/1809/RSS_approved_securities.pdf

The selling before suspension is from smart people who cut loss based on calculated risk that MSports may remain in suspension until delisting. From the recent development (see my earlier comments in http://klse.i3investor.com/servlets/cube/post/purebear.jsp), this possibility is getting higher & higher. :D

Msports

153 posts

Posted by Msports > 2016-07-06 20:18 | Report Abuse

Purebear you haven't answered why Taiwanese willing to pay TWD 2.60 for same Msport which is still suspended with same set of financial result. Are Taiwanese stupid not to sell like what M'sian does?

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-07-08 19:21 | Report Abuse

Msports , do you think msports will possible go back to 0.10

charlie chia

2,151 posts

Posted by charlie chia > 2016-07-09 18:56 | Report Abuse

Haut lah

rockycleft

880 posts

Posted by rockycleft > 2016-07-11 14:35 | Report Abuse

This Mercedes sport car engine rosak, driver gone, road tax expired, tyres missing and passengers stranded under hot sun

AyamGoreng

273 posts

Posted by AyamGoreng > 2016-07-12 13:28 | Report Abuse

beware of these pirated company!!! they're cannot listed in shanghai shenzhen hk sg & others. but can came here list to con our money. what is the common signature of these china company? is CHEATING
hbglobal chiouh xdl msports cap maxwell xinquan csl kstar

hamitouzhi

517 posts

Posted by hamitouzhi > 2016-07-12 16:29 | Report Abuse

I'm losing most of my pension on this Msports.

firehawk

4,783 posts

Posted by firehawk > 2016-07-12 16:31 | Report Abuse

red chip counters are very con ones ... must be very careful!

rockycleft

880 posts

Posted by rockycleft > 2016-07-12 22:24 | Report Abuse

Ooeeeps.....the engine not rosak.....there is no engine under hood....

tintan

261 posts

Posted by tintan > 2016-07-15 10:26 | Report Abuse

What happen to Mr Paramjit ?

PureBear

249 posts

Posted by PureBear > 2016-07-17 11:46 | Report Abuse

No Paramjit, no SGM, no annual report, no agent in Malaysia, no Company Secretary, no Resident Representative in Bermuda, no audit committee, no monthly status update, no trading. How are the stock promoters going to promote this stock? :D

Msports

153 posts

Posted by Msports > 2016-07-17 12:57 | Report Abuse

Some good companies not listed are PETRONAS, KFC, McDonalds etc but doesn't mean they don't exist. Why must Msports subject to daily trading which only benefit remisers? Only remisers(or bankers) want Msports to list back asap. No hurry for Paramjit to see Msports get traded again when he like us want Msports cash as true as possible.

Msports

153 posts

Posted by Msports > 2016-07-17 13:08 | Report Abuse

hamitouzhi nobody bother to read your posting. To them you deserve it. Nowadays world very chaos you see shooting case every weeks. Even i3 members show commenting here show sign of it. Why are they here if
don't have Msports? Promote what? Even Paramjit also lose 40% buying in 2016.

Posted by PureBear > Jul 17, 2016 11:46 AM | Report Abuse
No Paramjit, no SGM, no annual report, no agent in Malaysia, no Company Secretary, no Resident Representative in Bermuda, no audit committee, no monthly status update, no trading. How are the stock promoters going to promote this stock? :D

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