Posted by divine > 2013-07-29 09:44 | Report Abuse

I have a question for the value investors. Where can I find information on what the RTS issue funds be used for by the comp? Does anyone know?

Posted by crawler > 2013-07-29 09:48 | Report Abuse

partly use to pair down debt and partly to finance the new project. Read the announcement. Everything abt this is available in official announcement.

Posted by divine > 2013-07-29 09:51 | Report Abuse

ok Crawler Tq

Posted by chinhoe > 2013-07-29 10:43 | Report Abuse

Judging frm the trend of this counter, the insiders r waiting for the RI to float; some "weak" holders to dispose, and in no time it wl push past 2.00...this is a tightly held counter, Taib's family and his ppl are holding no less than 70% and together with some "die-hard" SH, the free float is only around 20 to 25%, hence they wl seize every opportunity to accumulate even more when the RI shares are listed.... In the case of Rsawit, post RI and after bonus issue, the price was pushed frm .46 to 1.26 in 3 mths !!! Well, by coincidence or whatever, this is also a Sarawak counter....the regimen is the same, Ist RI, subsequently BI...

Posted by prc4wifefe > 2013-07-29 13:20 | Report Abuse

AMMB said that next week the powerful people meet to decide the contrcat to be awarded to whom!!!

Posted by JCool > 2013-07-29 14:01 | Report Abuse

Jenny... i bot whn it was cum all... n in fact i jz recd d dividend yesterday...

u r a bit late... but i wil say tis co stil hv potential due to BI n D project... bt a lot of times ppl sell on news... so u can buy sikit sikit... but must watch closely...

Anyway if u r new n u can wait i wil say d best time to go into d market wld b 3 to 6 mths fr now...

Posted by pathew > 2013-07-29 14:07 | Report Abuse

:) wait and see approach...

Posted by Tripaka > 2013-07-29 19:16 | Report Abuse

Shareholders and Sarawak state financial secretary buying up shares in chunks. This should be good news..

Posted by divine > 2013-07-29 22:53 | Report Abuse

Toh Chee Ching (10,669,999 Shares Acquired)
Dato Sri Mahmud Abu Bekir Taib (25,557,500 Shares Acquired)
Yek Siew Liong (12,232,500 Shares Acquired)
Toh Chee Ching (11,044,999 Shares Acquired)
Dato' Seri H'ng Bok San @ H'ng Ah Ba (72,700 Shares Acquired)

Posted by gspman > 2013-07-29 23:09 | Report Abuse

http://klse.i3investor.com/servlets/anpth/927261.jsp encouraging

Posted by divine > 2013-07-29 23:37 | Report Abuse

yeah the chunks but at RTS RM1.00 so we really have to watch what they up to

Posted by crawler > 2013-07-30 17:26 | Report Abuse

don't worry la...I think it will be limited downside..they might sell some no one know. The fact that the bonus and maincourse going to be announce anytime are going to push up the price. So stay tune for the news

Posted by hx_ONG > 2013-07-31 09:31 | Report Abuse

Is it the best timing to accumulate more now? Or the price will still go further down? Sifus pls advise...

Posted by crawler > 2013-07-31 09:33 | Report Abuse

accumulation time of course!

Posted by crawler > 2013-07-31 09:33 | Report Abuse

but your investment your choice

Posted by hx_ONG > 2013-07-31 09:47 | Report Abuse

Waiting for more drops :)

Posted by crawler > 2013-07-31 09:51 | Report Abuse

I worry you might not even get it and is shooting up again.

Posted by gainkawkaw > 2013-07-31 09:53 | Report Abuse

It will drop more...

Posted by hx_ONG > 2013-07-31 09:54 | Report Abuse

Either drop or raise they are still a good news for me lol

Posted by crawler > 2013-07-31 09:55 | Report Abuse

good..drop more I am waiting :D

Posted by crawler > 2013-07-31 09:56 | Report Abuse

I am hungry for more ..

Posted by crawler > 2013-07-31 09:57 | Report Abuse

that's the beauty of stock market..it goes up and down...if it doesn't goes down how do we buy low right from those who fear

Posted by hx_ONG > 2013-07-31 10:22 | Report Abuse

Hahaha that's true

Posted by HuatLah101 > 2013-07-31 11:30 | Report Abuse

hv received the puny div. Am waiting for completion of RI and later BI... then hopefully the main course. Whichever earlier is fine.....

Posted by crawler > 2013-07-31 12:16 | Report Abuse

the div payout is good :)

Posted by crawler > 2013-07-31 12:17 | Report Abuse

I got a handsome cheque with a few zeroes :)

Posted by crawler > 2013-07-31 12:17 | Report Abuse

yes, stay tune for the BI announcement anytime from now. the RI is now completed.

Posted by crawler > 2013-07-31 12:18 | Report Abuse

let's see how scable rocks sarawak

Posted by crawler > 2013-07-31 12:18 | Report Abuse

BN janji ditepati!

Posted by dragon64 > 2013-07-31 14:48 | Report Abuse

Did u have any reliable news that BI to be issued?

Posted by crawler > 2013-07-31 14:52 | Report Abuse

I can see weak holders are letting go...slim volume...
Yes BI announcement anytime soon... is not whether it will be issued or not...is going to be issue!

Posted by Justin Ngo > 2013-07-31 15:01 | Report Abuse

BI is what RI is what?

Posted by crawler > 2013-07-31 15:01 | Report Abuse

BI is bonus issued and RI is rights issued

Posted by tonylim > 2013-07-31 15:05 | Report Abuse

crawler BI will take another 3months minimum

Posted by crawler > 2013-07-31 15:09 | Report Abuse

no way! BI is latest august

Posted by crawler > 2013-07-31 15:10 | Report Abuse

so I am very confident the price will not stay long in this level...it will move up very soon

Posted by crawler > 2013-07-31 15:11 | Report Abuse

the weak holders already unload..the majority shareholder as I know still holding tight :)

Posted by tonylim > 2013-07-31 15:12 | Report Abuse

EGM takes 21 days notice, how can it be done in august

Posted by crawler > 2013-07-31 15:12 | Report Abuse

the BI already approved...what's the EGM for?

Posted by tonylim > 2013-07-31 15:12 | Report Abuse

BTW they gave me some excess rights shares

Posted by crawler > 2013-07-31 15:13 | Report Abuse

nice.... :) I also got some

Posted by Justin Ngo > 2013-07-31 15:21 | Report Abuse

i just buy 2 lots only yesterday.
the price drops. haha.
do u think how many lots will be entitiled for 1 bonus?

Posted by crawler > 2013-07-31 15:23 | Report Abuse

is the ration 5:1

Posted by tonylim > 2013-07-31 15:24 | Report Abuse

Wait... no need egm? as an old accountant you need egm for shares issuance.
Can somebody confirm?

Justin, BI is 1 for every 5 shares.
means 2000 * 1/5

Posted by crawler > 2013-07-31 15:25 | Report Abuse

the over subscription of the rights issue already very evidence that everyone is very confident of the maincourse award as well..

Posted by crawler > 2013-07-31 15:26 | Report Abuse

so we should all expect more from this counter going forward

Posted by crawler > 2013-07-31 15:26 | Report Abuse

no shareholder will pump in more money if they don't believe something good is happening

Posted by apprentice > 2013-07-31 15:31 | Report Abuse

BI already approved? Who approved it? No announcement by company about BI. Just checked bursa site. If approved, there must be announcement to Bursa.

Posted by crawler > 2013-07-31 15:32 | Report Abuse

of course is approved. Go read all the announcement before you said that. I am not going to repeat myself again.

Posted by Justin Ngo > 2013-07-31 15:33 | Report Abuse

then my share will become 2400.thanks.i am newbie here