Posted by assaji > 2014-10-28 17:04 | Report Abuse

1) Ni Hsin has appointed Datin Ida Suzaini binti Abdullah (“Datin Ida”) as an Executive Director, who has the requisite experience in the O&G sector. The Board of Directors of Ni Hsin (“the Board”) understands that Datin Ida has provided some of her views on her plans and what she may contribute to Ni Hsin during the interview with TheEdge Malaysia. However, the Board of Ni Hsin has not deliberated nor approved any venture into the O&G sector yet. Datin Ida informed that she has proposals from several local and foreign parties to do joint ventures but this subject matter has not been presented to the Board for deliberation. Thus, the Board is not aware of any talks with any local or foreign parties to have joint ventures with at this moment. Announcements will be made in due course should the Board approves any proposed diversification into the O&G sector and any proposed joint ventures. If required, shareholders‘ approval will also be sought for any proposed diversification of business into the O&G sector.

2) Datin Ida informed that she had met some of the directors from Ideal Jacobs and Ideal Jacobs has expressed interest to collaborate with Ni Hsin if opportunity arises. However, the subject matter has not been presented to the Board thus, the Board is not aware of any proposed collaboration with Ideal Jacobs at this moment. However, Rizvi bin Abdul Halim, who was appointed as an Independent Non-Executive Director (INED) of Ni Hsin recently, also serves as an INED of Ideal Jacobs

Have to read between the lines. What does "has not been presented to the Board for deliberation" mean? Now only calling for Board meeting...

Posted by cskek81 > 2014-10-29 09:21 | Report Abuse

Top 10 volume but drop, why?

Posted by kllady_fidah > 2014-10-29 11:27 | Report Abuse

run.............

Posted by assaji > 2014-10-30 11:39 | Report Abuse

No,...buy

Posted by oskallan > 2014-10-30 14:08 | Report Abuse

may retrace to 0.49 before up again

Posted by assaji > 2014-10-30 15:53 | Report Abuse

Here we go, here we go....its Hammer time

Posted by hotshotinvestor > 2014-10-30 16:11 | Report Abuse

My broker told me that there was a huge crossing done today at 52cents. Maybe that explains the big volume.

Posted by hagi > 2014-10-30 16:45 | Report Abuse

What do you mean by crossing?

Posted by hagi > 2014-10-30 16:48 | Report Abuse

Tomorrow a new high?

Posted by hotshotinvestor > 2014-10-30 16:53 | Report Abuse

some off market deal

Posted by hagi > 2014-10-30 16:58 | Report Abuse

Deal involving acquire or dispose?

Posted by Zillions > 2014-10-30 19:16 | Report Abuse

http://www.theedgemarkets.com/my/article/ni-hsin-sees-735-equity-stake-traded-market

Posted by FatBigBen > 2014-10-31 12:39 | Report Abuse

Zillion.. Good news?

Posted by tekken > 2014-10-31 14:46 | Report Abuse

cut loss chart

Posted by hkhk > 2014-10-31 15:07 | Report Abuse

wat happened?

Posted by limayseng > 2014-10-31 15:21 | Report Abuse

run for your life.....

Posted by hagi > 2014-10-31 17:04 | Report Abuse

Pump and dump afterall. Never trust these OnG rumors..

Posted by tekken > 2014-10-31 19:45 | Report Abuse

cut your lost

Posted by dotdotdot > 2014-10-31 19:56 | Report Abuse

bearish reversal started... hehe

Posted by hagi > 2014-10-31 20:03 | Report Abuse

Didn't buy at first place tekken. Price too high for me..

Posted by paulthesotong > 2014-11-01 10:27 | Report Abuse

Wonder who' s the new shareholder? He he. Big in O@G. Just look at the new BOD. All involve in oil@ gas even husband lol.

Posted by waileong > 2014-11-01 15:03 | Report Abuse

hi hi hi . . .

Posted by suregoup > 2014-11-01 17:52 | Report Abuse

sky high on Monday with the new BOD

Posted by Tonto > 2014-11-01 17:57 | Report Abuse

really sure?...are you sure? Big black candle on Friday you know...!

Posted by tekken > 2014-11-02 08:52 | Report Abuse

rebound?penthethic

Posted by paulthesotong > 2014-11-02 09:31 | Report Abuse

Inside oredi accum 30%.

Posted by RAZAKI > 2014-11-02 17:46 | Report Abuse

New BOD in O&G = BOD ini Orang&Gila ..hehe

Posted by sotsot1986 > 2014-11-02 23:14 | Report Abuse

Paulthesitong, I heard from my dealer, Pelaburan Mara Berhad had bought a significant stake in this counter. I think should be the cross trade done on Thursday.

Posted by paulthesotong > 2014-11-03 18:07 | Report Abuse

Sotsot1986, right on the spot.

Posted by Syam Mahmood > 2014-11-03 21:28 | Report Abuse

Changes In Shareholder
Date Stock Name Type Qty Direct % Indirect % Total %
3 Nov 2014 NIHSIN Pelaburan MARA Berhad Acquired 12,000,000 12,000,000 5.2000 - - 12,000,000 5.2000
3 Nov 2014 NIHSIN Hsiao Chih Che Disposed 11,830,000 12,474,988 5.4000 - - 12,474,988 5.4000
10 Oct 2014 NIHSIN Hsiao Chih Chien Disposed 2,796,178 21,805,193 9.4400 2,500,000 1.0800 24,305,193 10.5200
10 Oct 2014 NIHSIN Hsiao Chih-Che Disposed 2,796,178 24,304,988 10.5200 - - 24,304,988 10.5200
10 Oct 2014 NIHSIN Hsiao Chih Jen Disposed 3,396,178 20,305,193 8.7900 4,331,000 1.8800 24,636,193 10.6700
30 Sep 2014 NIHSIN Hsiao Liu, Lee Disposed 21,000,000 - - - - - -
19 Sep 2014 NIHSIN Hsiao Tsai Sheng Disposed 23,660,000 - - - - - -

Posted by Syam Mahmood > 2014-11-03 21:30 | Report Abuse

maybe good maybe looser trade on safe

Posted by AhSeng > 2014-11-03 21:33 | Report Abuse

What times the news of mara buy nihsin

Posted by pdtan > 2014-11-04 11:03 | Report Abuse

after having just completed a doubletops at 0.54, anyone here looking at Nihsin having a LAST kick-up of 0.10 to 0.595?

Posted by Superb99 > 2014-11-04 11:32 | Report Abuse

not really know this counter, any expert can tell the prospect for this company??

Posted by pdtan > 2014-11-04 11:33 | Report Abuse

or a breakout of (0.545-0.375) =0.17 +0.545=>>> 0.715?

Posted by paulthesotong > 2014-11-04 17:44 | Report Abuse

The Taiwanese oredi sold all its stake and looked like to diversify into e & p on marginal O & G field.

Posted by t kuot > 2014-11-04 17:49 | Report Abuse

Counter still in a relatively strong bullish trade setup judging by the technical indicators. Besides, big boys bought into the counter. Expect some action.

Posted by paulthesotong > 2014-11-04 19:32 | Report Abuse

He he he . The Oil Bros - I Jacob the 2nd.

Posted by hagi > 2014-11-06 12:32 | Report Abuse

Why so quiet here suddenly?

Posted by utcmainsaham > 2014-11-08 02:25 | Report Abuse

Nihsin Joint venture O&G sector with Ijacobs on the 28th Oct 2014

Pelaburan Mara BUY stake in Nihsin on 3rd Nov 2014

Ijacobs Exec Director appointed as Exec Director in Nihsin on 4th Nov 2014

This movement will boost both counter in coming weeks....

Posted by paulthesotong > 2014-11-08 09:29 | Report Abuse

Ijacob in downstream Nishin in upstream . PMB bye bye PDZ welcome increase stake. Then O&G hotshots in BOD. Next came local n foreign in jv. He he.

Posted by paulthesotong > 2014-11-09 10:35 | Report Abuse

" The new investors are looking at an existing brownfield in a neighbour country, which is producing 600 to 700 barrels of crude oil p d. at cost of 50 m." Yes yes yes.

Posted by chiongster1234 > 2014-11-09 10:52 | Report Abuse

up a lot already?

Posted by paulthesotong > 2014-11-09 11:48 | Report Abuse

Will Mara add more ? Oredi 5.2%. Hmm!

Posted by utcmainsaham > 2014-11-10 02:53 | Report Abuse

Mara purchased 12 million of it shares representing 5.2% stake in Nihsin

Then Exec Director Hsiao Chih Che,...disposed his holding 11.8 million shares but still holds 12.47 million shares...or a 5.4% stake in the company....

now the price was discounted at 0.495 sen.....
TP at 57 sen....after that to 0.62

Posted by hkhk > 2014-11-10 18:13 | Report Abuse

Seem like going south :(

Posted by paulthesotong > 2014-11-12 09:42 | Report Abuse

Looks alike a substantial off market trade.

Posted by azrylamyr > 2014-11-13 10:15 | Report Abuse

every counter MARA buy will death..sanichi, asiabio, next this one la...

Posted by ktsk88 > 2014-11-13 10:25 | Report Abuse

MARA name is busuk in the industry. So any counters they have interest will die prematurely.

Posted by azrylamyr > 2014-11-13 14:52 | Report Abuse

agreed...will die prematurely..