SYCAL VENTURES BHD

KLSE (MYR): SYCAL (9717)

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Last Price

0.20

Today's Change

-0.01 (4.76%)

Day's Change

0.185 - 0.205

Trading Volume

9,200


2 people like this.

1,265 comment(s). Last comment by BigZakar 2021-10-21 07:04

Posted by DGITALISMAN > 2016-10-24 14:17 | Report Abuse

jualan murah hujung tahun

Posted by SoaringEagle > 2016-10-25 15:34 | Report Abuse

Capital reduction Kah?

Albukhary

2,719 posts

Posted by Albukhary > 2016-10-25 19:45 | Report Abuse

Wow... Good thing coming soon.
The reason they propose Par Value Reduction is because they want to have private placement... up to 30%, this would emerge as the biggest shareholder in this company.

After the exercise, you will see a brand new Sycal:-
i) New substantial shareholder;
ii) Healthy Balance Sheet with Retained Profit (no more accumulated losses)
iii) Healthy Balance Sheet with additional RM30mil ++ cash
iv) Company can start pay dividend, as it has retained profit d
v) New project inject by shareholder, like what happen in KERJAYA PROSPECT (aka FUTUTEC)

makubex718

161 posts

Posted by makubex718 > 2016-10-26 14:54 | Report Abuse

Another 3-6 months to wait for fly high~

Orga

1,171 posts

Posted by Orga > 2016-10-26 14:56 | Report Abuse

any idea why? such an instant decline.

Jacky Yip

94 posts

Posted by Jacky Yip > 2016-10-26 23:16 | Report Abuse

它建议削资 : - RM0.75 @ 25/10/16

Tympangoh

167 posts

Posted by Tympangoh > 2016-10-27 11:33 | Report Abuse

Orga, maybe the 'big guys' want to flush out the retailers still holding this gem, still holding by the way :)

Orga

1,171 posts

Posted by Orga > 2016-10-27 14:48 | Report Abuse

IMO, they push down so many step for 1 week.. a normal healthy shares.. fluctuation should be around 10%..

Orga

1,171 posts

Posted by Orga > 2016-10-27 14:51 | Report Abuse

unless "something" (really good or really bad) going to happen.

Tympangoh

167 posts

Posted by Tympangoh > 2016-10-27 17:18 | Report Abuse

Then now is a good timing to buy, give it a chance to accumulate, just my opinion :)

Tympangoh

167 posts

Posted by Tympangoh > 2016-10-28 12:12 | Report Abuse

Clearly the 'big boys' want to press down retailers to cut their position. Retailers gradually getting out because of the small volume :(

Tympangoh

167 posts

Posted by Tympangoh > 2016-10-28 12:13 | Report Abuse

Once cleared then easy to push up price, then again retailers get in... this is how this game being played :((

Tympangoh

167 posts

Posted by Tympangoh > 2016-10-28 12:25 | Report Abuse

Based on chart, .32 is a good support/strong based on previous support when it made 22.137% rebound then retrace to current position, just my opinion :)

Tympangoh

167 posts

Posted by Tympangoh > 2016-10-28 12:36 | Report Abuse

If support .32 broken then the nearest support is .315, if not then it's accumulation time, let the chart convince us retailers to buy again.

Invest123

1,596 posts

Posted by Invest123 > 2016-10-28 21:06 | Report Abuse

Reduce par value to 25 sen to cancel the accumulated loss. In so doing, dividends can be given from future profits. Good for shareholders.

Posted by Richard Cha Lin Koo > 2016-10-29 08:33 | Report Abuse

I hope so.......

ktsk88

5,284 posts

Posted by ktsk88 > 2016-11-05 10:54 | Report Abuse

Their projects next to Syuen Hotel Ipoh until now still in construction stage after almost 2 years.........whereby the Octagon Tower already completed and waiting for OC.

Huat1

2,509 posts

Posted by Huat1 > 2016-11-08 15:44 | Report Abuse

Downtrend reversal....
Strong uptrend on the card.

Huat1

2,509 posts

Posted by Huat1 > 2016-11-09 18:47 | Report Abuse

UPTREND CONFIRMED!

alvinchiam

1,555 posts

Posted by alvinchiam > 2016-11-09 19:33 | Report Abuse

sell

Huat1

2,509 posts

Posted by Huat1 > 2016-11-15 16:52 | Report Abuse

So strong...

makubex718

161 posts

Posted by makubex718 > 2016-11-16 15:19 | Report Abuse

will coming result be good? bcoz last 2 quarter not good at all

Huat1

2,509 posts

Posted by Huat1 > 2016-11-16 17:52 | Report Abuse

Beautiful chart pattern formed.
Full steam ahead!

Huat1

2,509 posts

Posted by Huat1 > 2016-11-28 18:43 | Report Abuse

Consolidation at 0.355 - 0.360 above the current support level.
Stochastic ticked up from "oversold" level - fully charged for a strong upward move!

makubex718

161 posts

Posted by makubex718 > 2016-12-02 15:21 | Report Abuse

result not good but still bit profit 9 months 3.658million. Major shareholder increase stake 6.6milion shares from open market...look good??

ant123

178 posts

Posted by ant123 > 2016-12-05 10:13 | Report Abuse

dato buying the company.. looking good

Posted by Jolin Lai Chi Pet > 2016-12-08 13:19 | Report Abuse

good sign!!!!!!! after he finish buy up, then it will be LIMIT UP!!!!!!!!!!!

Huat1

2,509 posts

Posted by Huat1 > 2016-12-13 10:59 | Report Abuse

OVERSOLD...

makubex718

161 posts

Posted by makubex718 > 2017-02-12 13:00 | Report Abuse

Volume pick up. 30% private issue listed. par value deduction money come?? start goreng ad

makubex718

161 posts

Posted by makubex718 > 2017-02-14 15:27 | Report Abuse

aih...one day show finish

flyup888

455 posts

Posted by flyup888 > 2017-02-16 23:25 | Report Abuse

GOING SOON....tomorrow

flyup888

455 posts

Posted by flyup888 > 2017-02-28 22:09 | Report Abuse

profit QR ~~~ !

Ymchan

162 posts

Posted by Ymchan > 2017-03-09 11:24 | Report Abuse

Notice of Interest Sub. S-hldr (29A)
SYCAL VENTURES BERHAD

Particulars of Substantial Securities Holder
Name ACE CREDIT (M) SDN BHD
Address No. 61-6B,Suite 1
Jalan SS2/75
Petaling Jaya Wilayah Persekutuan
Malaysia.
Company No. 605856-V
Nationality/Country of incorporation Malaysia
Descriptions (Class & nominal value) Ordinary shares of RM1.00 each

Name & address of registered holder ACE CREDIT (M) SDN BHD
No. 61-6B,Suite 1
Jalan SS2/75
Petaling Jaya

Date interest acquired & no of securities acquired
Currency Malaysian Ringgit (MYR)
Date interest acquired 10 Feb 2017
No of securities 32,305,900
Circumstances by reason of which Securities Holder has interest Open market purchase

Nature of interest Direct

Price Transacted ($$)

Total no of securities after change
Direct (units)
32,305,900
Direct (%)
10.088
Indirect/deemed interest (units)
0
Indirect/deemed interest (%) 0
Date of notice 10 Feb 2017

Ymchan

162 posts

Posted by Ymchan > 2017-03-09 11:30 | Report Abuse

ACE credit has acquired Connect share in sept 2016 at 0.11 to 0.13 cent, its share price has gone up to 0.185 cent now (> 50% gain)after few month emerged as substantial shareholder. Would Sycal venture would be the next super star....

Ymchan

162 posts

Posted by Ymchan > 2017-03-21 16:35 | Report Abuse

On Feb 10, Sycal Ventures Bhd saw 9.56 million shares, or a 2.99% stake, change hands off market for RM3.55 million. Of these, 8.15 million shares changed hands in a single direct deal at 37.5 sen, slightly above the 36 sen and 36.5 sen they fetched on the open market.

Interestingly, Ace Credit Sdn Bhd emerged as a substantial shareholder after it bought 32.31 million shares on Feb 10, giving it a 10.09% stake. Recall that earlier this year Sycal Ventures announced several corporate exercises. This included a proposed capital reduction by cancelling 75 sen of the shares’ RM1 par value. It also proposed a 30% private placement of 96.07 million shares.

windcloud

1,393 posts

Posted by windcloud > 2017-03-24 09:36 | Report Abuse

Yummy Tasty Delicious Buy Buy Buy

JacNgu

214 posts

Posted by JacNgu > 2017-03-24 11:26 | Report Abuse

poop stock

windcloud

1,393 posts

Posted by windcloud > 2017-03-29 12:07 | Report Abuse

Last call buy before regret ..... Buy Buy Buy

Ymchan

162 posts

Posted by Ymchan > 2017-03-29 16:49 | Report Abuse

@windcloud, agreed with u... not many good stock at lower price now. Sycal is one of them worth to invest at this point of time. Par value reduction is targeted to complete by early of April follow by private placement to improve cash flow. Once this exercise completed, Sycal is poised to fly high. This could be the reason why ACE credit is investing in this counter.

windcloud

1,393 posts

Posted by windcloud > 2017-03-29 18:03 | Report Abuse

ymchan, thanks for sharing ..... I sit in and wait for substantial volume breakout ..... if next big surge can break 45 cents, next will be 50 cents. Just nonsense thinking.

Ymchan

162 posts

Posted by Ymchan > 2017-03-29 18:06 | Report Abuse

just check through construction stock price, SYCAL is in top five lowest price ranking in this sector-VIZONE, ZELAN, PSIPTEK, MERGE.

windcloud

1,393 posts

Posted by windcloud > 2017-03-29 18:11 | Report Abuse

thanks Ymchan, good info sharing, psiptek-wa also look delicious, but no money to buy ..... look like small construction sector moving, including psiptek, vizone, zelan .....

so any construction counters you had on hand ? mind to tell .....

Ymchan

162 posts

Posted by Ymchan > 2017-03-30 11:09 | Report Abuse

@windcloud, only SYCAL.

Ymchan

162 posts

Posted by Ymchan > 2017-03-30 11:27 | Report Abuse

Vroom..Vroom...engine start oledi

windcloud

1,393 posts

Posted by windcloud > 2017-03-30 11:49 | Report Abuse

Ymchan, today Malton also moved, missed boat liao, recently saw directors brought back shares. I also saw your name in KSL, hope next big move for KSL as well.

windcloud

1,393 posts

Posted by windcloud > 2017-03-30 12:30 | Report Abuse

Last call before fly to 50 cents ....

Ymchan

162 posts

Posted by Ymchan > 2017-03-30 14:13 | Report Abuse

a lot of insider new from property sector..i guess property stock will move very soon.

windcloud

1,393 posts

Posted by windcloud > 2017-03-30 15:37 | Report Abuse

DBT at 0.375 before, if purchased below 0.40 still can consider a steal, 50 cents in the making ...... if connect can make a story, why not Sycal .....

Posted by Abe Long > 2017-03-30 16:11 | Report Abuse

tp56...slowly going up

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