Posted by Awesome > 2013-05-17 15:46 | Report Abuse

no worries.. tp still 0.40^^ hehe

Posted by scott > 2013-05-17 15:49 | Report Abuse

I wonder where you get that analysis

Posted by Awesome > 2013-05-17 15:51 | Report Abuse

haha... will see bro ;)

Posted by CityTrader > 2013-05-17 15:53 | Report Abuse

scott, when u read his name "awesome" sure his news are all correct one!! no further questions asked..

Posted by scott > 2013-05-17 15:54 | Report Abuse

Kk kk

Posted by Awesome > 2013-05-17 17:00 | Report Abuse

nice close.. im no nothing.. what I said is all through my study of this company.. hope all earn $$ =)

Posted by vinvin > 2013-05-17 17:04 | Report Abuse

Par value of Octagon share is 0.50 n not 0.10. Am I right? If so, then the value is still below par n looks cheap. It is my opinion only. Buy at own risk!! I don't know whether they have changed their par value. Can anyone tell me? Tq.

Posted by reader2018 > 2013-05-17 17:10 | Report Abuse

i missed this counter, still worth to go in? realistic short term target is expected at how much? say buy to keep for 1 or 2 months...any good guy to share the info?

Posted by scott > 2013-05-17 17:58 | Report Abuse

Octagon Consolidated Bhd is on track to be lifted from Practice Note 17 (PN17) status following the execution of an agreement with shareholders of two oil and gas companies. In a statement, the financially distressed company said it signed an agreement yesterday with OGPC Holdings Sdn Bhd and the shareholders of OGPC Sdn Bhd and OGPC O&G Sdn Bhd. OGPC and OGPC O&G are companies incorporated in Malaysia with principal businesses in the provision of specialised engineering and technical support services. (Source: The Star)

Posted by scott > 2013-05-17 17:58 | Report Abuse

Within 60 days the agreement will be sign ...

Posted by reader2018 > 2013-05-17 18:24 | Report Abuse

"company said it signed an agreement yesterday with OGPC Holdings Sdn Bhd and the shareholders of OGPC Sdn Bhd and OGPC O&G Sdn Bhd"

why still says "within 60 days the agreement will be sign.." ??

Posted by scott > 2013-05-17 19:07 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1286165

Posted by scott > 2013-05-17 19:07 | Report Abuse

Read this

Posted by sunrise > 2013-05-17 21:27 | Report Abuse

be careful. if the final agreement no to be signed within 6 months,then the exercise to be terminated.

Posted by Awesome > 2013-05-17 21:45 | Report Abuse

indeed.. but no worries.. they wil bcos they are the major shareholders of the company and they wont leave it to be delisted =)

Posted by Awesome > 2013-05-17 21:59 | Report Abuse

anyway, sunrise thx for the advice =)

Posted by Mohd kelmy > 2013-05-17 22:26 | Report Abuse

how? to go in or not?

Posted by Awesome > 2013-05-17 22:45 | Report Abuse

it's normal that everyone scare to invest in a pn17 share company but there is always risk to gain profit. Let us take Luster for example, who ever have gut to invest in it below 10 cents before this now would have earned a big sum when the company announced lifted from pn17 last week. See, you will never know what happen but if you believe your nstinct you won't go wrong. Up to you to buy or not but to me it is a YES to buy now! =)

Posted by Mohd kelmy > 2013-05-17 22:59 | Report Abuse

TQVM Awesome, I take yr advice. Queue up now ha3

Posted by Awesome > 2013-05-18 00:50 | Report Abuse

hope this company won't disappoint us! cheers!

Posted by BC475654 > 2013-05-18 10:12 | Report Abuse

Awesome return on investment.Bought 500 lots @0.102,sold on Fri @0.155.Gain RM 2,500 (47.6%)in 3 days!In hand 500 lots bought on Thurs @0.12.Paper gain Rm 1,500.TKVM OCTAGON.

Posted by scott > 2013-05-18 11:15 | Report Abuse

Waiting from second wave ^^ hope I can gain that money too....

Posted by CityTrader > 2013-05-18 11:36 | Report Abuse

they bought it at low price whereas we bought it after the surge of 114% so i expect there is profit-taking for another 2 days next week. So long we can hold & the parties will eventually ink the definitive agreement within 60days, then there will be another spring to come. Of course, we are in risky zone. No risk no high gain, bro..

Posted by BC475654 > 2013-05-18 11:55 | Report Abuse

My guess is before finalization of contract the price will be between the range 0.11 -0.20.A lot of RM to make from here if u time it right:Buy low sell high.Make sure u keep half of your holding for next Tsunami.If in the rare event the deal is call off,u already make a small fortune!

Posted by Awesome > 2013-05-18 20:52 | Report Abuse

so are you guys ready for monday? tp 0.20

Posted by Awesome > 2013-05-18 21:10 | Report Abuse

check this out http://biz.thestar.com.my/news/story.asp?file=/2013/5/15/business/13112875&sec=business

Posted by BC475654 > 2013-05-18 21:15 | Report Abuse

No rush.If it goes down to below 0.13 buy.If price up 0.15 sell.Eg 0.03 gain translate to RM 3.000 profit 23% ROI on 1000 lots(100k shares;cost only RM13,000)

Posted by Awesome > 2013-05-18 21:17 | Report Abuse

hope it will go down luu~ i bought in at 0.15.. planning to collect more on fri buy only managed to get some at 0.145

Posted by BC475654 > 2013-05-18 21:39 | Report Abuse

Awesome,u need not have to rush to buy in now unless the price drop to below .013.I suggest u Q buy at .13 and .11.If the price goes up,fine.But if otherwise,u need to buy low to ave. down your initial invest.0.15.Q buy until you reach target budget.Thereafter keep your purchase under your pillow and wait for the good news.

Posted by CityTrader > 2013-05-18 21:40 | Report Abuse

Awesome! Pl allow me to correct ur above posting. Instead of averaging down ur position, why not we hope it goes upside so we will able to do average up. More comfortable than stay nervous to see price down, am i right to say that! I bought at 0.16 n if price moves upward, i will increase my qty.

Posted by CityTrader > 2013-05-18 21:43 | Report Abuse

Awesome! Tq for yr attached good news, let us monitor next wk vol.

Posted by Awesome > 2013-05-18 22:03 | Report Abuse

bc475654, strong hold on 0.145, will see how on monday =) if down average down if up average up bcos either way works for me ;)
citytrader, most welcome =) will paste it for those who cant open the links

Posted by Awesome > 2013-05-18 22:04 | Report Abuse

KUALA LUMPUR: Octagon Consolidated Bhd is on track to be lifted from Practice Note 17 (PN17) status following the execution of an agreement with shareholders of two oil and gas companies.

In a statement, the financially distressed company said it signed an agreement yesterday with OGPC Holdings Sdn Bhd and the shareholders of OGPC Sdn Bhd and OGPC O&G Sdn Bhd.

OGPC and OGPC O&G are companies incorporated in Malaysia with principal businesses in the provision of specialised engineering and technical support services.

Octagon said it was now moving forward closer to materialising its regularisation plan which would ultimately place the Octagon group on a stronger financial footing and in industries with more exciting growth prospects. — Bernama (The Star)

Posted by BC475654 > 2013-05-19 00:44 | Report Abuse

Yes if the price swing up,then u have chase and act accordingly.

Posted by CityTrader > 2013-05-19 07:10 | Report Abuse

Morning every bro investors.

Posted by BC475654 > 2013-05-19 08:27 | Report Abuse

Side tracking to Dijaya(5401)WA which I have direct interest.WA up 23 sen in 5 trading days.More aggressive than the mother:up 20 sen

Posted by Risk Trader > 2013-05-19 09:22 | Report Abuse

Buy this counter......will fly very high next week, changes to get more then 200% ROI on T3 & T4

Posted by Awesome > 2013-05-19 10:02 | Report Abuse

risktrader are you on the octagon boat ady? hehe

Posted by CityTrader > 2013-05-19 10:37 | Report Abuse

Hi risk trader. Wich counter u referred to, octagon or dijaya

Posted by Risk Trader > 2013-05-19 10:43 | Report Abuse

Octagon......going to unfilt from P17 very soon

Posted by Awesome > 2013-05-19 16:57 | Report Abuse

tmr will fly to 0.18

Posted by scott > 2013-05-19 17:10 | Report Abuse

Monday should be a good day

Posted by Tommy Lui > 2013-05-19 17:33 | Report Abuse

@@is it?

Posted by scott > 2013-05-19 17:47 | Report Abuse

^^ it will be

Posted by Awesome > 2013-05-19 18:02 | Report Abuse

before lifted from pn17 already up 114% what do you think if it is lifted from pn17 in 55 days? aha.. tmr 0.18 is possible

Posted by zombawie > 2013-05-19 18:13 | Report Abuse

Tommorow .18 to .22

Posted by wancin > 2013-05-19 19:06 | Report Abuse

tmr i think 13 to 15

Posted by vinvin > 2013-05-19 19:39 | Report Abuse

If 0.130, I'll surely buy some more.

Posted by Awesome > 2013-05-19 19:58 | Report Abuse

will see how tmr=)

Posted by vinvin > 2013-05-20 09:56 | Report Abuse

Wancin, u seem to predict quite well. What's happening to this counter?