1) if bursa allow feb28 trading, since 10:1 consolidation in regularization yet executed, the open trading will start from last closed price rm0.01. Say after months of trading the price reached rm0.30 (assumption only ok) and 10:1 is executed, 1000 share at rm0.30 will become 100 shares at rm3.00. Wow... Sound incredible if bursa allow trading at feb28 then this rm0.30 adjustment to rm3 happen
2) if bursa allow trading only after regularisation and share consolidation executed, the open trading price will be rm0.10 instead of rm0.01 with your number of share reduce 10:1, this sound more making sense without price adjustment due to consolidation,but this also means we have to wait extra more more months before trading can start
Anybody remember bursa history of similar case can throw some lights?
what i know, PATIMAS will be the hero for 2014 and from the opening i think the price will jump above 0.10 and consistently go up. Because not many counter in Bursa Malaysia safe from almost being delisted at the last point and we also see the effort company taking to save it from delisted and i believe the regulation plan and strategy is works good for the company and hence triger bursa approval on appeal.
Octagon has the same fate with delist appeal accepted on 23/dec and given the same extension until feb28 to get regularization plan approved by authorities. Their fate are like abang adik
I feel sorry for you. I also suffered the same fate years back when I bought Fountain View shares which were delisted. For Year 2014 these are the safe shares to invest:
1) PM Corp (Cash Rich. Now in correction mode. Try to buy on weakness.) 2) MUI Berhad (Asset rich. Will benefit from Visit Malaysia Year 2014.) 3) SILK Holdings (Very defensive toll road.) 4) OPCOM (Debt Free. Pay Good Dividend. Just received RM43 Mil orders from TM) 5) RCECAPITAL (Backed by AMBANK. Loan to Govt Servants thru salary deduction.) 6) EPMB (Bad times cause people to buy affordable Perodua cars. 80% parts supplied by EPMB)
For this year try to buy laggard shares that are safe and recession proof.
Best Regards,
Calvin Tan, Singapore.
Return OF capital is far more important than return ON capital. In Patimas case return of capital looks bleak. Hopefully there will be a miracle maybe? So learn a lesson here.
As I mentioned early, Patimas will have very good potential to move further and the regularisation is look good due to CPE will become major share holder if the proposal is accept by Bursa. In my opinion, the Bursa will let Patimas to un suspend first then the regularisation will be execute later. In this case Patimas will have very good future and pls be patient. Happy CNY for those Chinese in coming next week and happy trading.
Patimas - there is plenty of fraud in this company To saved it somebody have to pump in money and correct the accounts Put in a regularization bank Get the lenders to agree Or it still can and may most likely be delisted The exdirectors shld be investigated and jailed for fraudulent transactions Instead they already run away
You can see Patimas not only got data center but also provide the boardband services. Additional CPE will become major shareholder.
Mobile Network Modernization These corer 2G and 3G network modernization works, including the deployment and integration of next generation technologies such as LTE (Long Term Evolution) networks and optimization works to complement future growth across the operator's network.
Fiber Optic Design and Civil Work Patimas designs and develops strategies to implement innovative Outdoor and Indoor fiber optic deployment works. Patimas' robust approach enables roll out of networks cost effectively, minimizing time and disruption associated with traditional methods of implementation.
Broadband Access Network Patimas provides broadband service installation and commissioning for the major operators in Malaysia. Expert professionals will undertake to install and commission the broadband services for both home and business users to ensure that their equipment provides the optimal throughput.
Next Generation Network Design and Implementation This includes the Metro-E Network, and its related network services. The successful implementation of this technology helps eliminate barriers to efficiency, speed and performance by simplifying networks and connecting people more efficiently.
Successfully implemented IP Network allows the operator to handle broadband growth and ensure smooth evolution path to a simple, smart and scalable next generation network.
Realistically business model and service provided has nothing to guarantee re-list, becoz if that is so good why patimas came to today's miserable stage? what more important now is how authorities perceive the regularisation as accepted or not. What has been said here is oredi said many times, what has been done by patimas is oredi done, rest we can do is PRAY HARD for good luck
Patimas still recruit ppl last year in April means Patimas still have business in oversee. Patimas will be un-suspend soon and will become potential cloud company in coming time.
Patimas is one of the leading ICT companies listed on the Main Board of Bursa Malaysia. We are principally engaged in the provision of ICT services, solutions and products in ASEAN Free Trade Area (AFTA), Asia Emerging Countries (AEC) and Organization of Islamic Conference (OIC) markets. Over the years Patimas has developed its business to encompass a wide range of services and products under the broad scope of ICT. This allows Patimas to effectively compete in the marketplace by being one of the few players that can provide a comprehensive range of ICT services, solutions and products that caters to every ICT needs of its customers. We also have close working relationships and alliances with global technology and services providers to further strengthen our services and product offerings.
Product Engineer Selangor
Responsibilities:
To support sales and marketing efforts and business plan related to the company's product. Including sales presentations, marketing research, sales and marketing documentation, technical product documentation. To deliver, install, commission production systems, Proprietary Software and ensure implementation is within the scope of work and timeline agreed with the customers. To provide technical support to customers/potential customers/partners by providing technical feedback and recommendation. To setup POC systems for product demo and trial runs. To perform performance test, security testing, bug testing, issue verification on proprietary software for possible issues/threats Candidate must be willing to travel overseas. Locations of travel would include Africa and Asia.
Requirements:
Candidate must possess at least a Professional Certificate, Diploma, Advanced/Higher/Graduate Diploma, Bachelor's Degree, Post Graduate Diploma, Professional Degree, any field. Required skill(s): LINUX, Oracle. Required language(s): Bahasa Malaysia, English Fresh graduates/Entry level applicants are encouraged to apply. 2 Full-Time position(s) available.
don't worry ..if patimas can be traded again ..u'll make so much money (if u bought it 1.5 cents and lower)...but if it becomes saag...just say good bye
why people want buy 4D when total loss is almost certain? becoz high risk high return tooooo!
Don forget there maybe lot people like me just taking the risk for a extreme high return, and due to the high risk, we invest only 1 cent per share for our fortune, it is becoz the high risk we get this price, fair and square.
Certainly this investment have a better chance than palying 4D, then ask why buy Patimas if you don understand high risk high return?
If you say you understand, then why you are paying so much higher price for smaller return (at most 100% return) when i am paying only 1 cent for possible few 100% of return?
the skeptic will shut up and red eye if really Patimas get unsuspended. But even it end up not in our favour, it is still fun to take this risk...the investment is so small for such a high potential!
luck sometime play very important role in investment, good luck to all Patimas supporter....
Further to the Company's announcements made on 1 and 2 November 2012 ("First Announcement ") in compliance with Paragraph 4.1 of PN17 and announcement made on 2 January 2014 and the Requisite Announcement made by M&A Securities Sdn Bhd (“M&A Securities”) on 2 December 2013.
The Board of Directors of Patimas wishes to announce that the Company is in the midst of finalising the proposed regularisation plan for submission to the relevant authorities for approval.
Further announcement on the development of the above matter will be made to Bursa Malaysia Securities Berhad in due course.
After a month, still "in the midst of finalising the proposed regularisation plan for submission to the relevant authorities for approval", nothing new.
Few weeks away from delisted still in the midst of finalising. Did not see any commitment from the company. This statement already raise a lot of question from the supporters.. How many doubt created from Bursa... We dont know..
the regulisation plan was annouced even before suspension, until today it is still "finalising"...OMG!
Hope is getting thiner and thiner approaching 28/Feb, it is 1 cent cheap stock anyway... let it be a private company then, let the eggs sleep for another 10 years or get rotten before it hatch...hahaha
You will see the CPE action soon. CPE now day have some acquire for other company. Then soon will be turn to Patimas. Pls be patient and happy trading.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
pslkft
133 posts
Posted by pslkft > 2014-01-14 10:06 | Report Abuse
Think below scenario:
1) if bursa allow feb28 trading, since 10:1 consolidation in regularization yet executed, the open trading will start from last closed price rm0.01. Say after months of trading the price reached rm0.30 (assumption only ok) and 10:1 is executed, 1000 share at rm0.30 will become 100 shares at rm3.00. Wow... Sound incredible if bursa allow trading at feb28 then this rm0.30 adjustment to rm3 happen
2) if bursa allow trading only after regularisation and share consolidation executed, the open trading price will be rm0.10 instead of rm0.01 with your number of share reduce 10:1, this sound more making sense without price adjustment due to consolidation,but this also means we have to wait extra more more months before trading can start
Anybody remember bursa history of similar case can throw some lights?