Posted by bigbigboss > 2016-04-21 22:50 | Report Abuse

how about the deal ? still going on ?

Posted by zebrapower > 2016-04-23 17:42 | Report Abuse

The deal is on. Jz accumulate.

Posted by tayor > 2016-04-25 09:14 | Report Abuse

Entry at 0.555 tp1 0.585 tp2 0.61

Posted by zebrapower > 2016-04-25 15:28 | Report Abuse

My average at 0.59. Look forward 1.5NTA purchase deal.

Posted by NicholasNWH90 > 2016-04-25 15:30 | Report Abuse

Zebra i thought u sold?

Posted by zebrapower > 2016-04-25 15:59 | Report Abuse

Bought back.

Posted by NicholasNWH90 > 2016-04-28 19:04 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/#/?=category=all&sub_category=all&alphabetical=All&date_from=28/04/2016&date_to=28/04/2016&company=7017&category=all

Posted by TheRock > 2016-04-28 19:10 | Report Abuse

can someone explain why so less?? 48mil only??

Posted by NicholasNWH90 > 2016-04-28 20:20 | Report Abuse

Chill people. It is only a loss-making subsi out of the 4 subsi mentioned.

Posted by NicholasNWH90 > 2016-04-28 20:35 | Report Abuse

They haven't finalised the SPA for the other 3 subsi. The company didn't state clearly.

Posted by StingRay > 2016-04-28 20:57 | Report Abuse

I find this announcement funny as well. Cause from the earlier announcement, it was suppose to be a French company named Autajon and it is for 5 subsidiaries of the company. One in JB, one in Thailand, one in Indonesia and the other two in China. So, with the disposal of these two losing money subsidiaries, which I believed would have been supported by the other 3 other subsidiaries, that would mean that the remainder 3 subsidiaries should be doing pretty well. Would there be another announcement for the other 3? Well... your guess is as good as mine. LOL!!!

Posted by StingRay > 2016-04-28 20:58 | Report Abuse

I guess Autajon is not interested in the China portion. Well... we will just have to wait and see.

Posted by ACELEE > 2016-04-28 21:38 | Report Abuse

Hi StingRay,Your statement is inappropriate,pls recheck the facts bro for betterment of members here

Posted by StingRay > 2016-04-28 21:42 | Report Abuse

Acelee, which statement is inappropriate? Could you enlighten me? Thanks.

Posted by ACELEE > 2016-04-28 22:12 | Report Abuse

overall your statement is fair bro,just some minor part

Posted by StingRay > 2016-04-28 22:23 | Report Abuse

Which one bro. I basically just browse through their announcement and also comment from Nicholas. Bear in mind, I don't work there and have no idea what the owner is planning. The two subsidiaries were in fact losing money and as a management, if I am their management, it would be best to dispose them and keep the money making subsidiaries. Otherwise the profit made would have been pulled down by the money losing subsidiaries.

Secondly, the initial announcement mentioned Autajon which I believed is a French company. Out of nowhere, come this new entity and again, based on the initial announcement, the deal was for 5 subsidiaries but the latest announced SPA only involved 2. So, is the other 3 off the deal or will there be another one more deal? Autajon?

That is why I said, I find this announcement funny cause no head no tail. Not meant to confuse others as I myself am confused mah.

Posted by ACELEE > 2016-04-28 22:51 | Report Abuse

Ya agree with you bro stingray...steady,the mentioned co is not new entity,it is indirect linked to autojun as well and the said subsi for komark Seems healthy too.but anyway,this hopefully will pave the way for further movement for corporate deal

Posted by StingRay > 2016-04-28 22:59 | Report Abuse

Ahhh... I see. I wasn't paying attention on that. If it was a new company, then I would assume that it is a SPV for the takeover. Since, it was not new, I thought Autajon was never involved. Otherwise, why would they use another name when it was Autajon that send in their interest. See the confusion? Haha.

Posted by NicholasNWH90 > 2016-04-28 23:51 | Report Abuse

Hi Stingray! Yes the whole SPA is very confusing. But it is sort of giving hint that Autajan is serious about the deal and likely that the other money-making subsi will be sold at a reasonable price. Fingers crossed.

Posted by NicholasNWH90 > 2016-04-28 23:52 | Report Abuse

Then again, not sure if the market understands the SPA and whether there will be some panic sellers tmr.

Posted by surewinz > 2016-04-29 09:21 | Report Abuse

today gt more volume , is it time to get in?

Posted by zebrapower > 2016-04-29 09:36 | Report Abuse

lagora is the subsidiary of autajon. For the latest announcement, they bought the China & HK division for MYR48m. I consider that is good news because Komark Bhd can sell lost making division with entirely cash compensation. For other remaining subsidiaries in ASEAN, I think there will be further announcement before 26th May. Autajon will mostly takeover whole ASEAN market as they have no foot soldier in this region. Weakening Asean currency at this moment is best time for Autajon to proceed further with this acquisition. Hold you tickets and wait for good news.

Posted by bored > 2016-04-29 10:57 | Report Abuse

which part of the pdf attachment mention that China subsdiaries is making losses?
Can someone please guide me page what or which section from the pdf attachment?

Posted by NicholasNWH90 > 2016-04-29 13:55 | Report Abuse

Page 2 showed the profit and loss of those subsi.

Posted by NicholasNWH90 > 2016-04-29 13:57 | Report Abuse

These 2 subsi formed the Komark BVI group.

Posted by TheRock > 2016-05-01 08:26 | Report Abuse

It also stated some of the machine in China will be shifted to other ASEAN country.It is means no more selling factory after this??
Currently China generated 70% revenue for Komark group :)

Posted by NicholasNWH90 > 2016-05-03 10:06 | Report Abuse

Volume is low today with such a big drop. Operators are you attempting to wash us out? LOL. Btw the S&P is confusing. It sounds like they are not going to sell other subsi.

Posted by zebrapower > 2016-05-03 10:17 | Report Abuse

Komark is a cunning counter. All you need is patient.

Posted by NicholasNWH90 > 2016-05-03 11:19 | Report Abuse

It better pays out in the end for all the patience that i poured in! Haha.

Posted by Joel Lam > 2016-05-03 16:57 | Report Abuse

NicholasNWH90 , u r right, the s&p seems they are not going sell other subsi

Posted by bigbigboss > 2016-05-04 21:12 | Report Abuse

better sell first

Posted by zebrapower > 2016-05-05 08:45 | Report Abuse

The komark price has bottomed. Time to fly. You sell you die.

Posted by Alan Tang > 2016-05-05 10:00 | Report Abuse

After sold the China subsidiaries, the NTA become 0.63, but no debts. If Komark stop selling other Asian subsidiaries, i believe the owner have the ability to turn the company back to profit in future.

Posted by NicholasNWH90 > 2016-05-05 12:25 | Report Abuse

Waa. Still selling. It it not a good sign.

Posted by Nicole Gan > 2016-05-05 12:33 | Report Abuse

Why today seling down again, seems no price supported already:(

Posted by NicholasNWH90 > 2016-05-05 13:13 | Report Abuse

Last support is 0.45. By right the price shouldn't move like this before all the deals are announced.

Posted by bigbigboss > 2016-05-05 13:46 | Report Abuse

i ask u all sell u all dont wan

Posted by cesc4 > 2016-05-05 15:18 | Report Abuse

Fst sell fst sell, i wanna buy all

Posted by cesc4 > 2016-05-06 14:09 | Report Abuse

first of all, the sale of one of the subsidiary = 0.38 per share, there are 4 subsidiaries are going for sale, so why scare they cant be more than the share price now 0.455. Panic sell had been triggerred by so much low volume, u knw uncle lim and their investors hold how much shares? Its about 20% of the total shares, approximate 25mil. they are not selling at all. We died they also die, u only invest how much, they invest 25mil.

Posted by hoongkk > 2016-05-06 14:37 | Report Abuse

share price drop sure have reason.....maybe something.......maybe...

Posted by cesc4 > 2016-05-06 14:52 | Report Abuse

I bet 60%above investor in this stock doesn't really understand the meaning of the announcement last week

Posted by NicholasNWH90 > 2016-05-06 14:55 | Report Abuse

Cesc you are right. Too bad market is not rational. Market is of the fear that the other subsi will not be sold and hence the original expectation failed. But the panic sell is indeed overdone.

Posted by Alan Tang > 2016-05-06 15:12 | Report Abuse

The panic sell is due to Komark only sell one of his subsidiary, and the rest are not interested by the buyer, because the buyer only interested on the China market, and not the Asian.

Posted by NicholasNWH90 > 2016-05-06 15:15 | Report Abuse

Alan yes but Cesc means after the sale, the NTA is still much higher than the current share price. Also likely will be more profitable as losing subsi in China are sold.

Posted by Alan Tang > 2016-05-06 15:15 | Report Abuse

Now is the question whether Komark will able to turn around to be a profitable company with the money on hand....but it could take long time....

Posted by NicholasNWH90 > 2016-05-06 15:40 | Report Abuse

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=K&source=M&securityCode=7017
Komark is already a profitable company bro. Is a question on whether it will be more profitable.

Posted by cesc4 > 2016-05-06 15:41 | Report Abuse

Autojen nvr say they r not interested, this is ur interpretation

Posted by NicholasNWH90 > 2016-05-06 15:41 | Report Abuse

But technically don't think RM0.45 which is the strong support will hold. Will continue to drop most likely.

Posted by surewinz > 2016-05-06 16:20 | Report Abuse

this share zzz

Posted by zebrapower > 2016-05-06 17:38 | Report Abuse

Sold. Too dissapointed. Useless company.