Posted by kytan > 2013-01-08 08:43 | Report Abuse

Tonylim
http://klse.i3investor.com/blogs/journeytowealth88/20906.jsp
Adventa Berhad - An Arbitrage Opportunity Emerges?
Business Overview

but alert today bursa
PRACTICE NOTE 17 / GUIDANCE NOTE 3: FIRST ANNOUNCEMENT
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1168149

Posted by talk2pkc > 2013-01-08 09:16 | Report Abuse

How did RHB target 2.00 on 03 Jan 2013 , not much better than OSK LOL

Posted by cmlooi > 2013-01-08 20:16 | Report Abuse

They sold off a cash cow?

Posted by tonylim > 2013-01-08 21:47 | Report Abuse

Ruslim, when a company sell its main biz it falls under PN17.
But bursa allow the company to keep looking for another biz to regularise its PN17 status by regular reportings.

That being so, I thought they already have bought 3 businesses. Wouldnt these businesses regularise the PN17?

Sorry to ask, quite out of touch

Posted by jumbo > 2013-01-08 21:49 | Report Abuse

Tony the Coward lim....only take but never share....jumbo thinks its because he is empty and mo Liu.....

Posted by ruslimz > 2013-01-08 22:33 | Report Abuse

Tony....when adventa sold their major business,it triggered P17. Those 3 new bussiness

Posted by tonylim > 2013-01-08 22:41 | Report Abuse

Ruslim, ya, my question was did those 3 biz already bought and running in the books of adventa?

If so, are the biz not enough to regularise the PN17?

Posted by jumbo > 2013-01-08 22:43 | Report Abuse

Jumbo is right....Coward Tony Lim only take...Jumbo give him hot fresh Poo on his face K

Posted by ruslimz > 2013-01-08 23:09 | Report Abuse

Tony...when adventa sold their major business,it triggered P17. Actually
adventa applied for a waiver of this condition, but rejected by sc. Now it is an obligation for adventa to submit within 3 months a regularisation plan if the new business plan resulted in significant change in business direction and policy. I think the most important in this plan is adventa has to to justify sc for a continue listing .

Posted by ruslimz > 2013-01-08 23:22 | Report Abuse

the regularisation plan should have detail and sufficient informations to demonstrate that the company is able to comply with all the requirements set out in paragraph 3.1 of PN17...fail with...delisting

Posted by tonylim > 2013-01-08 23:23 | Report Abuse

thanks, Rus

Posted by ruslimz > 2013-01-08 23:26 | Report Abuse

I think should be no problem for adventa...only extra paperworks to sc

Posted by azznly > 2013-01-09 15:32 | Report Abuse

apo sudah jd sama adventa

Posted by ruslimz > 2013-01-09 15:49 | Report Abuse

back to the basic.....now its new business and profit will determine the real fair value of adventa....

Posted by ruslimz > 2013-01-09 15:52 | Report Abuse

with 60 million cash, haw much new business could generate profit...should ask the directors

Posted by tonylim > 2013-01-09 15:57 | Report Abuse

Rus, 60m can do a lot of things

Posted by tonylim > 2013-01-09 15:58 | Report Abuse

I like the health biz they are going into

Posted by talk2pkc > 2013-01-09 16:05 | Report Abuse

Run Sally run, guys ..... b4 become bush fire fr chemical PN17 , ma

Posted by ruslimz > 2013-01-09 16:24 | Report Abuse

tony...easy calculation...say 60m can generate 10m profit. EPS is 6.5sen. Say fair value at PE 10...then fair value is 65.5 sen. Then current price of 40 sen still cheap!!!!!!if make profit lah...

Posted by BENNY313 > 2013-01-10 14:16 | Report Abuse

Guys... Wat do u think for this counter??? Seem many of them are queueing to sell...!!! Should wait for better profit??

Posted by cabaleros > 2013-01-10 14:19 | Report Abuse

stil considering to buy? u must really have mega balls.. but for every despair, there is always opportunity..even if 1-2cents. hehehehe.

Posted by cmlooi > 2013-01-10 20:26 | Report Abuse

You sure they got 60 mil cash? Wow can't they just put into bank or some foreign banks with high interest rate and enjoy auto income interest.. and let it snowball with compounding interest?

Posted by ruslimz > 2013-01-10 23:37 | Report Abuse

Do you understanding what is PN17. PN17 say if advbenta put that 60m cash into the bank to gain intrest then adventa will be sent to the gallow....death penalty by bursa...delisting lah !!!!!!!!

Posted by tonylim > 2013-01-11 00:07 | Report Abuse

cmlooi, pls understand how biz works so that they increase value for the money they still have in their books. Hence the share price.

Posted by cmlooi > 2013-01-14 21:09 | Report Abuse

Any idea why they sold their golden goose that's been laying them golden eggs? Found some other golden goose or the old goose not productive anymore?

Posted by fatty_tang > 2013-01-14 21:29 | Report Abuse

dont forget adventa still have tons of debt to be settled

Posted by ak2899 > 2013-01-21 12:28 | Report Abuse

Hi , Can i ask one question ?
I purchased few unit before ex and now waiting for the RM1.7 Payment. Is there anyone know when is the payment date from the registrar ?

Thank you

Posted by ruslimz > 2013-01-21 12:48 | Report Abuse

payable 21 january

Posted by alexchan > 2013-01-21 18:38 | Report Abuse

i have a same situation with ak2899 and i haven't receive any RM1.7 payment. Any idea?

Posted by JASON80 > 2013-01-21 18:39 | Report Abuse

can check with ur securities firm or from online trading

Posted by ak2899 > 2013-01-22 17:29 | Report Abuse

Hi Alexchan , i using Maybank security and i just got my paymen in yesterday. Seem like payment already in but is on hold for 1 day.

Posted by iafx > 2013-01-22 17:54 | Report Abuse

adventa debt/equity ratio to be adjusted, debts incur in glove biz is part of the disposal.

medical services ... way to go!

Posted by alexchan > 2013-01-25 10:47 | Report Abuse

Hi ak2899,
i using Maybank security as well and i just got the money yesterday.. Thanks

Posted by Anson Lai Siong Ann > 2013-03-04 16:36 | Report Abuse

Any news for this counter? Still worth it with 0.4?

Posted by diablozero99 > 2013-03-15 15:52 | Report Abuse

PN17 company

Posted by iafx > 2013-03-19 10:48 | Report Abuse

climbing...

Posted by tonylim > 2013-03-19 18:18 | Report Abuse

Did you mean up trending

Posted by iafx > 2013-03-19 19:11 | Report Abuse

yup... silently :)

Posted by ampabella > 2013-03-25 21:36 | Report Abuse

maybe can go to 0.50 sen , no joke this counter silence killer

Posted by alexisvics > 2013-03-25 21:50 | Report Abuse

U r right ampabella, this counter already killed many without using a single bullet. Wait till it drops some more. More will die silently...

Posted by FlourishChong > 2013-03-28 11:29 | Report Abuse

now is good price for buy in?

Posted by rico_lwc > 2013-03-28 11:47 | Report Abuse

DROP ENGINE START....

Posted by tonylim > 2013-03-28 12:20 | Report Abuse

Guys, sold half already.
Still got upside.

Posted by jtpc2006 > 2013-03-28 14:09 | Report Abuse

plenty of upside as Adventa has a cash backing of RM0.40 per share & this does not include their business Sun Healthcare (M) S.B. and Electron Beam S.B. So plenty of upside there.
Look at CI Hldg, similar status as Adventa, it is now above RM1.05 !

Posted by tonylim > 2013-03-28 14:27 | Report Abuse

jtpc, take a look at their qtr reports.
when was the sales of the glove business take effect?

Posted by jtpc2006 > 2013-03-28 14:35 | Report Abuse

tonylim, isn't the following correct?
From the sale of its rubber glove business, it had a cash backing of RM2.10 plus Sun and Electron. After the cash payout of RM1.70 per share, the cash backing is 0.40 per share plus Sun and Electron.
Need your help here!

Posted by tonylim > 2013-03-28 14:45 | Report Abuse

oK, wil read while on long flight tomorrow.

Posted by iafx > 2013-04-09 09:31 | Report Abuse

the silent killer... :)

Posted by tonylim > 2013-04-09 11:17 | Report Abuse

Good or bad. Got upside or downside

Posted by iafx > 2013-05-06 16:37 | Report Abuse

cheapest entrance to health care! :D