STONE MASTER CORPORATION BHD

KLSE (MYR): STONE (7143)

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0.03

Today's Change

0.00 (0.00%)

Day's Change

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278 comment(s). Last comment by milo 2019-04-24 13:04

Kc Choy

333 posts

Posted by Kc Choy > 2015-12-28 12:51 | Report Abuse

Aiyah ...I want a peaceful holiday ...

Kc Choy

333 posts

Posted by Kc Choy > 2015-12-29 23:42 | Report Abuse

back from my holiday to welcome 2016,,,,,away again 7 to 15th,,,hopefully everyone huat ah in between

Kc Choy

333 posts

Posted by Kc Choy > 2016-01-05 00:34 | Report Abuse

dow bleeding 430 now, hsi futures n nikkei bleed by 850 plus...what tomorrow holds???

Kc Choy

333 posts

Posted by Kc Choy > 2016-01-06 08:58 | Report Abuse

gambateh...tora tora tora

crystal168

1,663 posts

Posted by crystal168 > 2016-01-20 11:03 | Report Abuse

:)

crystal168

1,663 posts

Posted by crystal168 > 2016-01-20 11:03 | Report Abuse

see see HHGroup

Kc Choy

333 posts

Posted by Kc Choy > 2016-01-23 23:31 | Report Abuse

hahaha ...gems r stones right!!!

Kc Choy

333 posts

Posted by Kc Choy > 2016-01-26 10:03 | Report Abuse

Where is my CNY Ang pow ?...

Kc Choy

333 posts

Posted by Kc Choy > 2016-01-27 15:19 | Report Abuse

Hahaha...

Kc Choy

333 posts

Posted by Kc Choy > 2016-01-27 15:21 | Report Abuse

Why 17cts wa seller runway n turn buyer!,,,

hongheng7

244 posts

Posted by hongheng7 > 2016-01-28 16:11 | Report Abuse

CIMB Technically Short Term Buy today : Likely to break above RM0.425 & test RM0.455-0.50....

Kc Choy

333 posts

Posted by Kc Choy > 2016-01-29 07:45 | Report Abuse

Gambateh

Kc Choy

333 posts

Posted by Kc Choy > 2016-01-29 07:45 | Report Abuse

Wakarimasda

Kc Choy

333 posts

Posted by Kc Choy > 2016-01-30 19:51 | Report Abuse

Dow up!!! Next week KLSE follow thru..CNY rally???

Kc Choy

333 posts

Posted by Kc Choy > 2016-02-03 17:31 | Report Abuse

Let's get stoned... Yam seng

Posted by money2alvin > 2016-02-04 22:06 | Report Abuse

Wah! Stone sign another 23 EAA with The China Vendor!

Posted by money2alvin > 2016-02-04 22:50 | Report Abuse

Coldrisks ?

hongheng7

244 posts

Posted by hongheng7 > 2016-02-04 23:23 | Report Abuse

金马皇宫大酒店,绿众“一路一带”到马来 http://www.59137.com/news/982192.html

hongheng7

244 posts

Posted by hongheng7 > 2016-02-04 23:23 | Report Abuse

马来西亚亿尊机构再次到访华隆涂料 http://info.coatings.hc360.com/2016/01/271050653592.shtml

Kc Choy

333 posts

Posted by Kc Choy > 2016-02-05 00:23 | Report Abuse

One EAA was terminated based on changed of name of china co.. Stock price move now or only when draw down of VFA?

Kc Choy

333 posts

Posted by Kc Choy > 2016-02-05 10:45 | Report Abuse

This t time which separate t boys from t men,

Kc Choy

333 posts

Posted by Kc Choy > 2016-02-05 18:32 | Report Abuse

Huat ah Heng ah ..warrant fly hahaha

Kc Choy

333 posts

Posted by Kc Choy > 2016-02-10 09:18 | Report Abuse

the tiger got slaughtered today.....twl karma, down 20% another 20 to go hahaha

Kc Choy

333 posts

Posted by Kc Choy > 2016-02-10 11:04 | Report Abuse

aiyah...cannot let it go down or go up....

hongheng7

244 posts

Posted by hongheng7 > 2016-02-11 10:58 | Report Abuse

Stone Master issues shares to settle debt
Posted on 11 February 2016 - 05:37am
Print
PETALING JAYA: Stone Master Corporation Bhd (SMCB) has issued 7.65 billion settlement shares at a price of 40 sen to settle RM3.06 billion outstanding debt owed to 25 creditors.

SMCB said it executed 25 settlement agreements with each of the respective creditors yesterday.

Except for its two major shareholders, executive chairman Datuk Eii Ching Siew and deputy managing director Datin Chan Chui Mei, the other 23 creditors had agreed to relinquish their right as shareholders of SMCB.

"Despite a dilutive effect on the existing shareholders' shareholdings in SMCB as a result of issuance of the settlement shares, the proposed special issuance is expected to have the following positive effects: (a) reduce SMCB's debt without any cash outflow; (b) the equity base and net assets of SMCB will be enhanced; and (c) enable SMCB to improve its financial results," it said.

Source : http://www.thesundaily.my/news/1690344

hongheng7

244 posts

Posted by hongheng7 > 2016-02-11 10:59 | Report Abuse

Consider good or bad news?

Kc Choy

333 posts

Posted by Kc Choy > 2016-02-11 11:21 | Report Abuse

ponder on it after a year...

Kc Choy

333 posts

Posted by Kc Choy > 2016-02-11 11:30 | Report Abuse

This is the first innovative financial tools to pay chinese vendors n benefit local chinese listed entities thru VFA with the positive effects of (a) , (b) n (c)...kudos to DCT

Kc Choy

333 posts

Posted by Kc Choy > 2016-02-11 11:36 | Report Abuse

off course those on speculative or contra bets ...god save u

Kc Choy

333 posts

Posted by Kc Choy > 2016-02-11 15:34 | Report Abuse

well, by next week hopefully we will see some reaction irrespective of positive nor negative

Kc Choy

333 posts

Posted by Kc Choy > 2016-02-12 12:37 | Report Abuse

note that the chinese vendors have no board representation, voting rights and share of dividends..hopefully it will be positive to existing shareholders

Kc Choy

333 posts

Posted by Kc Choy > 2016-02-12 13:44 | Report Abuse

hahaha huat huat huat??? Heng heng heng???Ong ong ong....

Posted by Flybythenite > 2016-02-12 21:52 | Report Abuse

85 times current share cap? Serious? How much can we expect price to fall?

KUALA LUMPUR: Stone Master Corp Bhd will experience a massive shareholding dilution should its shareholders approve the board’s proposal to issue some 7.6 billion shares for RM1.33 billion worth of building fixtures’ supply from China.

The new shares to be issued are equivalent to almost 85 times their current issued share capital of 89.9 million shares.

Kc Choy

333 posts

Posted by Kc Choy > 2016-02-15 12:39 | Report Abuse

Flybynite, you got your math wrong ...it is over 3N

Kc Choy

333 posts

Posted by Kc Choy > 2016-02-15 12:40 | Report Abuse

3B

Posted by Flybythenite > 2016-02-15 22:40 | Report Abuse

Seems like all agreed & signed. Not for minority shareholder to disapprove....? The amount of debt is astonishing.

Kc Choy

333 posts

Posted by Kc Choy > 2016-02-16 10:37 | Report Abuse

The debts are stock in trade or sales revenue ...there is a saying "it is not how much you can make that matters ,..but how much you can borrow"

Kc Choy

333 posts

Posted by Kc Choy > 2016-02-16 10:39 | Report Abuse

Just wait for the drawdown from the VFA , then the shares would leap

Kc Choy

333 posts

Posted by Kc Choy > 2016-02-16 10:47 | Report Abuse

Well, SC need a reply to the sets of questions by today ....

Kc Choy

333 posts

Posted by Kc Choy > 2016-02-17 21:49 | Report Abuse

Well, history always repeat itself...dsonic was great ..Hahaha..now "gem " your turn????

Posted by money2alvin > 2016-02-18 12:10 | Report Abuse

Look like some one still accumulate it ...

Kc Choy

333 posts

Posted by Kc Choy > 2016-02-18 18:35 | Report Abuse

Hahaha, who eh||||

Kc Choy

333 posts

Posted by Kc Choy > 2016-02-22 00:05 | Report Abuse

Happy chap ngoh meh

Kc Choy

333 posts

Posted by Kc Choy > 2016-02-22 15:56 | Report Abuse

I like the way the intraday chart being formed...Follow suit tomorrow, everyone agree?

Kc Choy

333 posts

Posted by Kc Choy > 2016-02-22 16:32 | Report Abuse

Hahaha, warrants... When your turn?

Kc Choy

333 posts

Posted by Kc Choy > 2016-02-23 12:08 | Report Abuse

Mother at.. 405 baby still at .18/185 ????

Kc Choy

333 posts

Posted by Kc Choy > 2016-03-17 00:52 | Report Abuse

Wah coming to a mth already ...no one want to comment leh

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