Posted by khatulistiwa1234 > 2017-06-16 12:45 | Report Abuse

SIDE LINE , i will buy back provided 0.06 .

Posted by j450n > 2017-06-16 14:15 | Report Abuse

oh khatulistiwa... you are back

Posted by Ehl1964 > 2017-06-16 15:59 | Report Abuse

Those who read newspapers n not study the bursa announcement still dumb dumb buy.

Posted by Ehl1964 > 2017-06-16 16:09 | Report Abuse

They thought buy at 7.5 later can sell at 14sen because newspapers never mention about reduction 4 to 1 share.

Posted by CharlesT > 2017-06-16 16:10 | Report Abuse

Luckily the sharks didnt push it up to RM0.14 to trap this morning...lol

Posted by khatulistiwa1234 > 2017-06-16 16:27 | Report Abuse

Smart syndicate , make a fraud phenomena , let go their share , who go to follow , will suffer lose , in the end , they make double , plunged down time , they pump back , that is always dirty syndicate practice .

Posted by khatulistiwa1234 > 2017-06-16 16:31 | Report Abuse

i will follow syndicate wolf dance , make another round profit , dancing with wolf , need skill and brave attitude , not shiver , only dump and pump with the emotion having , coz they all are reptile , difficult to trace your actual movement , fast and savage is its advantage , so call eagle attack object in jungle , same method apply in BURSA , need fully concentrate .

Posted by Yc Lim > 2017-06-17 11:30 | Report Abuse

Is the propsal tied to share consolidation. Anyone can help. Both are still proposal and need approval.

Posted by nklye > 2017-06-17 15:18 | Report Abuse

Not mistaken the proposal was mentioned sometime ago...last year...
At one time the price for this counter dropped to very low... around 0.03 or 0.04, bcos, something
like unable to furnish QR on time.
So isn't the propose consolidation to be based on the price at that moment and that's why the share issue price is 0.14.
Anyone has knowledge abt it to add in?

Posted by Lantoi Lantoi > 2017-06-21 12:14 | Report Abuse

Good everyday red...i like red

Posted by Mudamuda Remaja Mudamuda > 2017-06-22 11:33 | Report Abuse

hantammm

Posted by BILLC > 2017-06-22 14:32 |

Post removed.Why?

Posted by CharlesT > 2017-06-22 14:35 | Report Abuse

6 cents support will hardly break

Posted by danilutfi24 > 2017-07-06 18:23 | Report Abuse

When is consol 4 to 1?

Posted by danilutfi24 > 2017-07-07 01:04 | Report Abuse

CharlesT, i'm sorry, i just new to this stock, just review it and not much know detail about it (gonna read thorough soon). when is consolidation will be done or it is alrdy done?

Posted by CharlesT > 2017-07-07 08:26 | Report Abuse

Not yet, still pending Court Order for Share Capital reduction.

U can browse thru Bursa website to follow up on the latest development.

Posted by minher > 2017-07-07 08:29 | Report Abuse

Price will maintain there as no positive news drive the price.

Posted by danilutfi24 > 2017-07-07 08:57 | Report Abuse

orait thnks guys.

Posted by danilutfi24 > 2017-07-07 09:55 | Report Abuse

One more question. If buy shares.. and consol happen.. it is a loss right? Or does it, after consol, the we gain advantage from it? *sorry i'm new to this stock market stuff. Still learning.

Posted by Ehl1964 > 2017-07-07 16:29 | Report Abuse

If you buy at 0.06 for 10000, your cost is rm600.
After consolidation 4 to 1, you have 2500shares
n entitled for 3750 rights at rm 0.10 per right n entitled for 2500 warrant at exercise price rm0.10.
If you buy all the rights n exercise all warrants, your total cost is:

0.06*10000+3750*0.10+2500*0.10= rm1225

Total share held after consultation
=2500+3750+2500
=8750

Cost per share =rm1225/8750= rm0.14

If substantial shareholders implement MGO at rm0.14, you will lose your transaction fee. If they want to maintain listing then you profit or loss depends on performance of share price.

Posted by danilutfi24 > 2017-07-07 18:25 | Report Abuse

thnks Ehl1964 for explaining. really hard to understand it for a beginner. sorry, but where does 3750 come from? i don't get that part only.

Posted by Ehl1964 > 2017-07-07 19:52 | Report Abuse

Entitlement 3 right share for 2 existing shares after consolidation, that means 1.5 right share for 1 existing share.
2500*1.5=3750

Posted by danilutfi24 > 2017-07-08 02:36 | Report Abuse

Owh i c! Thnk you so much for explaination ! May God bless you!

Posted by Ehl1964 > 2017-07-10 14:52 | Report Abuse

Now all prepare to sapu at 0.055, me too. Hahaha.....

Posted by danilutfi24 > 2017-07-11 08:09 | Report Abuse

do u think, this stock gonna be like KGROUP? haha

Posted by Ehl1964 > 2017-07-11 12:23 | Report Abuse

I believe smtrack will touch 0.28 after reverse take over by WELLSPRING.

Posted by j450n > 2017-07-11 12:29 | Report Abuse

ehl1964 why do you think that smtrack can go to 0.28? there is no new development other then take over by Wellspring

Posted by Ehl1964 > 2017-07-11 17:19 | Report Abuse

Wellspring is a profitable company n providing profit guarantee.

Posted by danilutfi24 > 2017-07-12 12:18 | Report Abuse

MULTIPLE PROPOSALS SMTRACK BERHAD ("SMTRACK" OR "COMPANY") (I) SHARE CAPITAL REDUCTION; (II) SHARE CONSOLIDATION; (III) PRIVATE PLACEMENT; (IV) SIS TERMINATION; AND (V) NEW SIS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

SMTRACK BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description SMTRACK BERHAD ("SMTRACK" OR "COMPANY")

(I) SHARE CAPITAL REDUCTION;
(II) SHARE CONSOLIDATION;
(III) PRIVATE PLACEMENT;
(IV) SIS TERMINATION; AND
(V) NEW SIS

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
We refer to the announcements made on 23 January 2017, 20 February 2017, 22 February 2017, 3 March 2017, 12 April 2017, 21 April 2017, 25 April 2017, 17 May 2017 and 30 May 2017 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board, TA Securities wishes to announce that the High Court of Malaya had on 11 July 2017 granted the order confirming the Share Capital Reduction. The sealed order will be extracted and an office copy of the order will be lodged with the Companies Commission of Malaysia for the Share Capital Reduction to take effect.

The effective date of the Share Capital Reduction will be announced in due course.

This announcement is dated 11 July 2017.

Posted by Ehl1964 > 2017-07-12 17:03 | Report Abuse

Good. Hope can get some cheap chips.

Posted by CharlesT > 2017-07-12 17:23 | Report Abuse

0.28? After 4 becomes 1 ah?

Posted by Ehl1964 > 2017-07-12 19:02 | Report Abuse

After RTO.

Posted by danilutfi24 > 2017-07-12 21:05 | Report Abuse

Usually, when a stock reaching to consol date, the price will drop low or up?

Posted by Ehl1964 > 2017-07-13 12:17 | Report Abuse

Hopefully price will drop down otherwise no chance to buy back at cheap price. Hahahahaha....

Posted by Ehl1964 > 2017-07-13 15:12 | Report Abuse

Smtrack is my lucky star. Hahahahaha...

Posted by CharlesT > 2017-07-17 12:35 | Report Abuse

Slowly slowly comes back

Posted by danilutfi24 > 2017-07-18 14:15 | Report Abuse

Up up & up please ><!

Posted by Ehl1964 > 2017-07-19 16:09 | Report Abuse

Q at 0.055. Hope this time can catch some cheap chips. Hahaha....

Posted by millionhair > 2017-07-19 16:26 | Report Abuse

i notice many ppl are keep holding and not selling, is there anything on the way?

Posted by danilutfi24 > 2017-07-25 03:37 | Report Abuse

MULTIPLE PROPOSALS SMTRACK BERHAD ("SMTRACK" OR "COMPANY") (I) SHARE CAPITAL REDUCTION; (II) SHARE CONSOLIDATION; (III) PRIVATE PLACEMENT; (IV) SIS TERMINATION; AND (V) NEW SIS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

SMTRACK BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description SMTRACK BERHAD ("SMTRACK" OR "COMPANY")

(I) SHARE CAPITAL REDUCTION;
(II) SHARE CONSOLIDATION;
(III) PRIVATE PLACEMENT;
(IV) SIS TERMINATION; AND
(V) NEW SIS

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
We refer to the announcements made on 23 January 2017, 20 February 2017, 22 February 2017, 3 March 2017, 12 April 2017, 21 April 2017, 25 April 2017, 17 May 2017, 30 May 2017 and 11 July 2017 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board, TA Securities wishes to announce that an office copy of the sealed order of the High Court of Malaya confirming the Share Capital Reduction has been lodged with the Companies Commission of Malaysia on 24 July 2017. The Share Capital Reduction shall therefore take effect and be deemed completed on this date.

This announcement is dated 24 July 2017.

Posted by millionhair > 2017-07-27 10:26 | Report Abuse

hi all, can anyone advice when the share consolidation will be effective? If we buy now, are we still entitled for it?

Posted by SP Lang > 2017-07-31 15:21 | Report Abuse

why people dumping ?

Posted by SP Lang > 2017-07-31 15:22 | Report Abuse

consolidation not a good thing ? got free warrant ma....

Posted by j450n > 2017-07-31 15:44 | Report Abuse

down again

Posted by Adam Loh Wei Chia > 2017-08-02 21:46 | Report Abuse

what to expect soon ?

Posted by j450n > 2017-08-03 11:21 | Report Abuse

down la.. what else to expect. there is no new lead or news

Posted by huairen2013 > 2017-08-04 08:46 | Report Abuse

when can entitle for warrant? 8/8/2017?

Posted by selamba > 2017-08-04 14:44 | Report Abuse

wwoowww big money

Posted by jenngu > 2017-08-04 17:02 | Report Abuse

Spread the word, https://www.youtube.com/watch?v=Fs1M7_XhGec

Posted by plim123 > 2017-08-13 14:01 | Report Abuse

Will up soon