Posted by HC Lee > 2014-09-26 11:33 | Report Abuse

You can never fight sharky....they can park the price anywhere they want. Buy more....they park lower....Sell more....they park higher to catch more ikan bilis !!!!!!!!!!

Posted by ryan_och > 2014-09-26 11:37 | Report Abuse

no free lunch

Posted by GuruBursa > 2014-09-26 12:39 | Report Abuse

Sugarpie, trust you had sold to cut loss yesterday.

Siva, still holding?

Posted by kloh5806 > 2014-09-26 15:05 | Report Abuse

Start rebound. Get ready buy buy buy

Posted by char1234 > 2014-09-26 15:19 | Report Abuse

Buy

Posted by as1915000 > 2014-09-26 15:30 | Report Abuse

hahhaha, buyyyyyyyyyyyy, tomorrow will bounce back

Posted by as1915000 > 2014-09-26 15:30 | Report Abuse

just now q at 66.5 not get any

Posted by as1915000 > 2014-09-26 15:38 | Report Abuse

kiiiiii ahhhhhh

Posted by persie > 2014-09-26 15:58 | Report Abuse

From the volume today not many people threw that mean majority still keep their holding.

Posted by Siva68 > 2014-09-26 18:38 | Report Abuse

GuruB, yes still holding. Will wait and see.

Posted by Investhor > 2014-09-26 19:30 | Report Abuse

@persie - yes,volume today small although price down..means that this counter running out of sellers already

Over the weekend possibly will have some news or rumor on what the company will do with the gain from sales and people will start rushing to buy again next week..

Posted by persie > 2014-09-26 19:58 | Report Abuse

@ investhor. Agreed with u. Most of panic sellers are out of the game and those who bought before and sell on news are out already.

Posted by 1million > 2014-09-26 20:18 | Report Abuse

Monday will be green lar. Enjoy weekend!

Posted by Surelaughdie > 2014-09-26 20:19 | Report Abuse

wait for 50c la.

Posted by persie > 2014-09-26 21:09 | Report Abuse

Yeah.. abric-wb for 50c soon..

Posted by zu1967 > 2014-09-26 21:13 | Report Abuse

1mil. Morale and real support. Kikikiji

Posted by 4u2c > 2014-09-27 13:29 | Report Abuse

dont understand why share keep on dropping.Its under value as of now. Its dipping maybe ,for the coming months, they dont hv any earnings but living on bank interest ???

Posted by cyctailor > 2014-09-27 14:46 | Report Abuse

Pls forget about 'cup with handle' chart since the 'dreaded black candle' came into sight!...we should leave it alone for some weeks until we see the green light again. http://allstarcharts.com/the-dreaded-black-candles-are-appearing/

Posted by zero > 2014-09-28 01:53 | Report Abuse

is it correct to say that the proposed special dividend will be subjected to taxes? and isn't this a stupid way to give more money to the government than necessary?

Posted by char1234 > 2014-09-28 11:33 | Report Abuse

Looks deAdly

Posted by persie > 2014-09-28 11:46 | Report Abuse

Anybody can answer, what happen tu abric-wb when the proposed dividend approved?

Posted by Siva68 > 2014-09-28 12:01 | Report Abuse

persie, for any dividend entitlement, need to convert to mother share. Conversion is at 0.30. At closing price, the warrant is still in the money. If you have 1 lot=1000 shares, need to add rm3,000 to buy/ convert to mother.

Posted by persie > 2014-09-28 12:09 | Report Abuse

Siva, Ex-date to convert to mother 4/2016. Any adjustment to the date since the proposed dividend may be in Q4 2014 ?

Posted by Siva68 > 2014-09-28 12:12 | Report Abuse

persie, if not mistaken, you can convert at any time. You could ask your re miser on how to go about it (if there are any documents to be filled up and payment method). I have no experience in converting warrants yet.
May be someone here has a better insight on this matter.

Posted by 1million > 2014-09-28 12:14 | Report Abuse

Vroooom vroooooooom

Posted by Siva68 > 2014-09-28 12:17 | Report Abuse

persie, the other thing that you can do is..... based on Fridays closing for warrant 0.405+0.30=0.705. The mother share ended @ 0.68.
You can sell the warrants and buy in the mother on Monday if this price stands (sell (0.405) and buy(0.68)).

Posted by zu1967 > 2014-09-28 12:19 | Report Abuse

1mil. Market closed la today. Tomorrow la.kikikiki

Posted by 1million > 2014-09-28 12:25 | Report Abuse

Zu, wash your lorry clean clean already? Tomoro can have a good start. Wakakaka

Posted by char1234 > 2014-09-28 13:22 | Report Abuse

I hope so

Posted by persie > 2014-09-28 13:24 | Report Abuse

Siva, ur answers are appreciated. I intended buying wb bciz I think % in gain is higher if share price move up with tha same amount of money I have. Btw I already have its mother. Now thinking of its wb.

Posted by persie > 2014-09-28 13:25 | Report Abuse

I think sellers dried up. Now time to move up..

Posted by hasimdaud > 2014-09-28 20:38 | Report Abuse

A lot of listed company cheated investor like Melewar,KTB and Abric so everybody
must careful.

Posted by sugarpie > 2014-09-28 21:39 | Report Abuse

Gurubursa, yes I sold all already. Thanks :)

Posted by hasimdaud > 2014-09-28 21:47 | Report Abuse

Mr Siva68 you are very confident about Abric but I have already sold at 0.745 one day before annoucement because I was frustrated delay in Abric annoucement.

Posted by Siva68 > 2014-09-28 21:59 | Report Abuse

Hey guys, please don't follow me.

Posted by Siva68 > 2014-09-28 22:03 | Report Abuse

persie, it does not work that way.
Now they are selling the company. Not bad at all warrant conversion to mother share, still in the money if you want to convert.

Posted by Siva68 > 2014-09-28 22:16 | Report Abuse

ok, lets think for a while.
63 million(clean profit)= works out about 0.87/share.
If I pay 0.30(dividend)=,Rm3,0000, the price will come down to 0.57(fair value).
The thing is this, no matter what if declare 0.30 dividend, the share price will go down that much, ie. from 0.87 to 0.57.
What I'm looking forward is(if at all it happens/should happen).
1) will be good, if they are going to tell us how they are going to utilize the 63 million to invest (than the share price will appreciate from 0.57, after dividend to a higher level) .
2) The price to appreciate towards a fair value of 0.87.

Posted by Siva68 > 2014-09-28 22:29 | Report Abuse

Anyway, please sell if you don't feel confident on this company.
En.hasimdaud, it is not whether I'm confident or not. If you have sold , good and made some profit better still.
Everyone has got their own strategies to invest. Some invest for certain period before pulling out, some play daily to either make a quick buck or loose one and some wait for T=3/T+4 whether they make or break or cut lost.

Posted by Investhor > 2014-09-28 22:32 | Report Abuse

Dont forget market will always push price when public fear the most

Go ahead and sell and insiders will keep collecting because they know what the company plans to do with the gain from the shar sales

Do what's best for you..for me id take a chance that the management isnt stupid enough just to sell the company without a plan..maybe its a strategy to push price down and then bounce it back up when the plan is revealed

Posted by Siva68 > 2014-09-28 22:36 | Report Abuse

OK. everyone Good night.
Just my prediction only and my hope, there will be a reverse or technical rebound towards upside tomorrow.
Also, hoping there will be a good write up tomorrow.

Posted by hasimdaud > 2014-09-28 22:40 | Report Abuse

Thank Mr Siva68 and Mr Investhor .

Posted by persie > 2014-09-28 22:53 | Report Abuse

Siva n investhor, good explanation from you two. Think of fair value of 87 cents. Now at discount price, those who evaluate wisely will buy. But panic sellers must be get rid first.

Posted by Siva68 > 2014-09-28 23:01 | Report Abuse

En.hasim, you are most welcome and wish you all the best in making profit.
Investhor, why not? Lets take a chance.

OK, I have some good and sincere friends over here. May be want to look @ IFCAMSC for (GST) on the side line (have to make own decision).
On stabilizing mode at the moment before Budget, (will not talk more about it in this forum).

Posted by Investhor > 2014-09-29 10:07 | Report Abuse

collection happening at 67, 67.5

Posted by ryan_och > 2014-09-29 10:16 | Report Abuse

why should investor take chance? invest or gamble?

Posted by bovun2014 > 2014-09-29 10:39 | Report Abuse

selling pressure still heavy. tomorrow will be the worst..

Posted by Investhor > 2014-09-29 10:43 | Report Abuse

not gamble, as i said u think anyone will be stupid to just sell company without future plan?

of course short term ppl can sell down..but dont forget this company gain from the sales, the cash in hand is good for them to proceed with their business plan

today and tmro maybe get rid of the short term ppl who will cutloss, ppl who will hold long term will collect

happy trading!

Posted by sunshine1989 > 2014-09-29 12:17 | Report Abuse

if break 73cent today
will be uptrend again .....

Posted by persie > 2014-09-29 12:28 | Report Abuse

For those who's heart not steady, think of fair value of 87c/share. They will get money 100% in hand, then 30c later distributed to shareholders.

Posted by bovun2014 > 2014-09-29 15:36 | Report Abuse

how to exit!!