INDUSTRONICS BHD

KLSE (MYR): ITRONIC (9393)

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Last Price

0.03

Today's Change

-0.005 (14.29%)

Day's Change

0.03 - 0.035

Trading Volume

165,100


2 people like this.

3,560 comment(s). Last comment by MZM2511 3 days ago

FatFLOM

195 posts

Posted by FatFLOM > 2014-04-29 16:24 | Report Abuse

见好就收?

乘胜追击!

Posted by chiongster1234 > 2014-04-29 16:33 | Report Abuse

输的呢?在买?

stockcrazy

551 posts

Posted by stockcrazy > 2014-04-29 16:33 | Report Abuse

明知山有虎,偏向虎山行... 很好!!! 给你一个'勇'字~~~

Posted by chiongster1234 > 2014-04-29 16:37 | Report Abuse

要不然又被鲨鱼吃了!mpay 也是这样:)

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2014-04-29 16:41 | Report Abuse

@#$##%$%&^&*&(*(

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2014-04-29 16:41 | Report Abuse

sharing is caring guys

saltedfish

3,282 posts

Posted by saltedfish > 2014-04-29 16:59 | Report Abuse

lots of soured grapes

FatFLOM

195 posts

Posted by FatFLOM > 2014-04-29 17:01 | Report Abuse

有谋才有勇

不做盲头蠅

Posted by chiongster1234 > 2014-04-29 17:36 | Report Abuse

need find some sifu already.

spear

316 posts

Posted by spear > 2014-04-30 09:04 | Report Abuse

On Monday, four penny stocks, namely Visdynamics Holdings Bhd, MNC Wireless Bhd, Solution Engineering Holdings Bhd and Industronics Bhd, hit limit down almost simultaneously in the afternoon session, drawing queries from Bursa Malaysia.

According to a dealer, the four companies each had a block of shares that had been rolled over a few times.

“The was no real money coming in to pick up the blocks. The bubble finally burst after one stockbroking house out of several, stopped the line of credit,” said the dealer.

At the close yesterday, Visdynamics and Industronics remained in the red finishing 41.49% and 15.58% lower respectively while MNC and Solution Engineering recovered some earlier losses, ending the day 16.67% and 7.69% higher respectively.

Industronics in its reply to Bursa Malaysia on its unusual market activity (UMA) said it was currently exploring a proposal which involved an internal reorganisation of the group while MNC said it was not aware of any explanation for its UMA.

As far as links between the firms go, Solution Engineering is 10.8% owned by Industronics, an electronics company which has Danish national Christian Kwok-Leun Yau Heilesen as its chairman.

Interestingly, Kwok is being bandied around as being the common person involved in all four stocks.

The 30-year-old Kwok, however, said he had divested all his investments in Malaysia several months ago.

“I have not been to Malaysia for several months now ... I sold all my investments several months ago to investors from Macau,” Kwok told StarBiz when contacted.

Kwok, together with Raymond Yip Wai Man, used to own about 15% in DVM Technology Bhd and he also held a stake in Industronics, which he has since divested.

He is no stranger to market controversy.

In 2011, Kwok, who is based in Hong Kong together with Yip, bought into DVM after which they requisitioned an EGM to remove several directors from the company.

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2014-04-30 09:18 | Report Abuse

can buy at this price guys? fundamentally the counter is OK?

123mick

5 posts

Posted by 123mick > 2014-04-30 09:59 | Report Abuse

inari to cross rm3 today. insider news

ch

2,029 posts

Posted by ch > 2014-04-30 10:11 | Report Abuse

inari goes holland ?

FatFLOM

195 posts

Posted by FatFLOM > 2014-04-30 10:45 | Report Abuse

Spear, this is the problem of Malaysia's stock market. There are just too few IBs or stockbroking to compete for business unlike Singapore or HK. Most of the time those limit-down fracas all started from these stockbrokers for refusing trading lines at their whims and fancy at the last minute.

FatFLOM

195 posts

Posted by FatFLOM > 2014-04-30 10:48 | Report Abuse

Those syndicate became the "prey" of these stockbrokers instead of them being the predators of punters. What an irony !

FatFLOM

195 posts

Posted by FatFLOM > 2014-04-30 10:49 | Report Abuse

Of course the Chinese has a saying "吃得咸鱼抵得渴", these syndicates also have their fair share to blame themselves.

FatFLOM

195 posts

Posted by FatFLOM > 2014-04-30 10:52 | Report Abuse

The wheels of history keep repeating itself. After Tan KS, come Repco L, Kenneth V, and now CHL, CBL, and the list goes on ...

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2014-04-30 11:15 | Report Abuse

how much u guys think it will bottom out?

bull86

89 posts

Posted by bull86 > 2014-04-30 11:20 | Report Abuse

http://networkedblogs.com/Wr2I9

hagi

698 posts

Posted by hagi > 2014-04-30 11:21 | Report Abuse

I reckon it has bottom out. Is pushing upwards as we speak.

keithchan

367 posts

Posted by keithchan > 2014-04-30 11:33 | Report Abuse

Market seems to make a come back now

Alex Ng

99 posts

Posted by Alex Ng > 2014-04-30 15:07 | Report Abuse

Monday will be blood bath. I burnt my fingers too. Monday will be bigger drop (solid internal news)

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2014-04-30 16:27 | Report Abuse

believe nx week will go down another round then jerk up back...buy on weakness nx week

Posted by astrologeroculus > 2014-04-30 17:47 | Report Abuse

Fm 0.69 16/4 to 0.305 (56%), tats a lot of fingers burnt. Big boys got their lines chopped off n at d mercy of IBs. Msia bolih lah.

saltedfish

3,282 posts

Posted by saltedfish > 2014-05-01 00:19 | Report Abuse

DVM, Cybertower, GPRO are ACE stocks. From Day 1, you should know these are "new economy" stocks where their projected profits are based on astronomical evaluation with no solid backing.

saltedfish

3,282 posts

Posted by saltedfish > 2014-05-01 00:23 | Report Abuse

Itronics, is a Main Market stock with solid and real business and a cash coffer of $30m. However, it is unfortunate that the controlling shareholders of Itronics made his money by trading ACE stocks. He used the same modus operandi on Itronics. This explained why the very high trading volume of Itronics over the course of past few months.

Cweed

2,262 posts

Posted by Cweed > 2014-05-01 00:24 | Report Abuse

FatFLOM
47 posts
Posted by FatFLOM > Apr 30, 2014 10:52 AM | Report Abuse

The wheels of history keep repeating itself. After Tan KS, come Repco L, Kenneth V, and now CHL, CBL, and the list goes on ...
---
@FatFLOM , can u give out the full names. I want to read more about these people. Thanks in advance. ;)

saltedfish

3,282 posts

Posted by saltedfish > 2014-05-01 00:26 | Report Abuse

When he ran out of trading lines at IBs, the inevitable crash happened just like all the other ACE stocks.

Strip bare, one should not treat Itronics as another ACE stock. And one should also not trade Itronics like a ACE stock.

jasonttp

21 posts

Posted by jasonttp > 2014-05-01 00:30 | Report Abuse

bod of itronic is sucking the cash and assets.. becareful... they are not local some more so so young and group of hongkis... becareful

eu7985

1,086 posts

Posted by eu7985 > 2014-05-02 00:25 | Report Abuse

This announcement is 28 April, on that day itronic stand at 0.685 n fall to 0.385, so this announcement is inform public it has reach the limit down gua...

FatFLOM

195 posts

Posted by FatFLOM > 2014-05-02 14:45 | Report Abuse

Today is only T+2 on the big volume. The mood is cautious to negative in line to market sentiments

FAST_5

403 posts

Posted by FAST_5 > 2014-05-02 14:48 | Report Abuse

today is frday + market sentiment.. but not rallying down.. just maintaining up n down.. consider good

FatFLOM

195 posts

Posted by FatFLOM > 2014-05-02 15:19 | Report Abuse

...can be better next week

Harvard57

495 posts

Posted by Harvard57 > 2014-05-02 15:52 | Report Abuse

small retailer better clear all your holding in itronic.vis and solution, do not gamble on these as syndicate who represent Christian have all sold to 0 shares !!!Now all stocks are in small retailers like YOU who can not sustain the price for long, if margin call the chain of reaction will be very frightening !!!!

harvard

6 posts

Posted by harvard > 2014-05-02 19:37 | Report Abuse

WHY YOU KNOW, MY DEAR GURU? 莫非,你是他们一伙的?

harvard

6 posts

Posted by harvard > 2014-05-02 19:41 | Report Abuse

HARVARD57 is ALSO ONE OF THE SYNDICATE. HE PREDICTED CSL WILL UP 0.5 sen to 14 sen, the most, but WRONG!! MAN, TODAY CSL ***DID*** TOUCHED 15 SEN!!!!! (albeit close 14 sen)

harvard

6 posts

Posted by harvard > 2014-05-02 19:41 | Report Abuse

harvard is one of the syndicate who bought CSL 12.5~13.5 sen, and unload to you at 14~15 sen,

SCARELY MAN!!!!

keithchan

367 posts

Posted by keithchan > 2014-05-04 23:36 | Report Abuse

after tuesday should start to head north

klse007

403 posts

Posted by klse007 > 2014-05-05 13:01 | Report Abuse

be patient at 0.265....coning

Posted by satumalaysia > 2014-05-05 18:29 | Report Abuse

be woory....0.22 lah

saltedfish

3,282 posts

Posted by saltedfish > 2014-05-05 23:40 | Report Abuse

T+4 tomorrow 6/5. Let's see how many swim without the underwear

Posted by Negara Kertagama II > 2014-05-06 14:59 | Report Abuse

ITRONIC still has way to move to 40 sen by middle of the month. :-)

share9966

15 posts

Posted by share9966 > 2014-05-06 21:22 | Report Abuse

Since everybody feel big drop will rebound till 0.3 something....TRap again ..

saltedfish

3,282 posts

Posted by saltedfish > 2014-05-07 10:40 | Report Abuse

Will be quiet for 2 weeks. Let all punters shake out first

ahmadsu

41 posts

Posted by ahmadsu > 2014-05-07 14:26 | Report Abuse

Petang nie can start kot?

FatFLOM

195 posts

Posted by FatFLOM > 2014-05-13 00:09 | Report Abuse

No one bother to even write here

eu7985

1,086 posts

Posted by eu7985 > 2014-05-15 20:15 | Report Abuse

Due to big drop previous day, bleeding

FatFLOM

195 posts

Posted by FatFLOM > 2014-05-16 00:00 | Report Abuse

Volume dying off, be careful

Gusen

1,871 posts

Posted by Gusen > 2014-05-16 09:59 | Report Abuse

history repeat, MACD cross and will up :)

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