Posted by xuxu > 2020-07-22 15:31 | Report Abuse

buy before limit up ka ??? haha

Posted by Bemillion > 2020-07-22 15:53 | Report Abuse

Xuxu..your choice..... Your preferences..we re here just discuss here and there regards stock performance for ppl like us traders.. Decisions is ours...... Trade wisely

Posted by robotic > 2020-07-22 16:12 | Report Abuse

News already come out officially on Bursa about Dr Abu Hasan Ismail. It already happened yesterday. Thats it. Whats other rumours to play about.

Posted by khpwwl > 2020-07-22 16:49 | Report Abuse

May be belum sampai the date, already get settlement outside court

Posted by RoboTop > 2020-07-22 17:47 | Report Abuse

No problem....profit taking only half sen down.
Closing still above 50c.

Posted by kevinwkl > 2020-07-22 18:05 | Report Abuse

let's hope this will continue heading north from now on and not suddenly drop a bomb on us like last month

Posted by Bemillion > 2020-07-22 20:44 | Report Abuse

Good closng and very positive

Posted by TokAbah > 2020-07-22 20:53 | Report Abuse

Closing above resistance level. It's quite surprising despite nothing new on court trial. Something is brewing and ready to explode any moment. Short term 60sen is imminent

Posted by cicakman > 2020-07-22 21:26 | Report Abuse

Hearing Jan and Subscribe 0.35 ppl don't like,however still got buying interest.Why?Two news but still bargained.

Posted by cicakman > 2020-07-22 21:28 | Report Abuse

Do you think spend money and then forget about RM732 millions?

Posted by cicakman > 2020-07-22 22:27 | Report Abuse

Tommorow better PKP and stay quiet.
Later got ghost coming make problem.

Posted by richmao > 2020-07-22 23:31 | Report Abuse

Esok rocket LOL

Posted by Bemillion > 2020-07-23 07:44 | Report Abuse

Good news..is the stock is heading north...engine Fire up standby...leaving port soonest..hold the tickets before sold out......

Posted by mushi4407 > 2020-07-23 08:23 | Report Abuse

Vroom.....

Posted by cicakman > 2020-07-23 09:32 | Report Abuse

Syssshhh.

Posted by RoboTop > 2020-07-23 11:31 | Report Abuse

Syssshhh......

Posted by Bemillion > 2020-07-23 11:53 | Report Abuse

Support at .49 strong

Posted by Bemillion > 2020-07-23 11:55 | Report Abuse

Waiting for turbo charge...mindful with the update news... Either suspended for next strategy or limit up... Pls alert....

Posted by Bemillion > 2020-07-23 11:56 | Report Abuse

Robotop TA is awesome as guidance but trade on your own risk and ingenuity

Posted by richmao > 2020-07-23 11:57 | Report Abuse

ui why drop again ==

Posted by Bemillion > 2020-07-23 12:27 | Report Abuse

Market behaviour..oscillating. ..uptrend momrntum intact... Push factors are there for sure.... ..

Posted by robotic > 2020-07-23 12:27 | Report Abuse

My TA showing downtrend.... mebbe old one.

Posted by Bemillion > 2020-07-23 12:30 | Report Abuse

If u do not want to drop then use tongkat bro..otherwise pull up.....yourself... The pull up imperatives are there..already discussed and table out..see scroll up..up to ur judgement to see or not to see things..do not lament..its a sign of fatigue.... Rejuvenate bro...do not worries..... We sail together ..holds hand we will be steonger yeahh

Posted by Bemillion > 2020-07-23 12:31 | Report Abuse

Present env....badly need IT sector as catalyst fir economic dev and moving foreward.... Otherwise we will lag

Posted by xuxu > 2020-07-23 15:40 | Report Abuse

who is buying in such big volume ??

Posted by RoboTop > 2020-07-23 15:48 | Report Abuse

@xuxu.....
who is buying in such big volume ??

.....and Why?

Posted by xuxu > 2020-07-23 15:55 | Report Abuse

cos i wanna buy this hehe

Posted by robotic > 2020-07-23 16:54 | Report Abuse

Go ahead Mike...

Posted by zerocool7199 > 2020-07-23 18:50 | Report Abuse

21 Jul 2020

12,188,200

AcquiredDirect InterestName of registered holderCIMB ISLAMIC TRUSTEE BERHAD - AFFIN HWANG MULTI-ASSET FUND


20 Jul 2020

5,000,000

AcquiredDirect InterestName of registered holderCIMB ISLAMIC TRUSTEE BERHAD - AFFIN HWANG MULTI-ASSET FUND

Posted by robotic > 2020-07-23 19:12 | Report Abuse

Old news.

Posted by Christiano88 > 2020-07-23 19:25 | Report Abuse

a renounceable rights issue of up to 176,843,866 new Shares ("Rights Share(s)") at
an issue price of RM 0.200 per Rights Share, on the basis of 1 Rights Share for every
3 existing Shares held, together with up to 176,843,866 Warrants on the basis of 1
Warrant for every 1 Rights Share subscribed for, on an entitlement date to be
determined and announced later ("Entitlement Date") ("Proposed Rights Issue with
Warrants");

Posted by Moneyteam > 2020-07-23 20:28 | Report Abuse

Good news ... new share acquisition

Posted by richmao > 2020-07-23 21:09 | Report Abuse

aww bad news

Posted by Solomon7 > 2020-07-23 21:39 | Report Abuse

Raising fund at this market is not a good idea.

However, I see two torch of lights - CEO subscribing for new shares (indicate confidence in future growth or capital repayment) and Affin Hwang joining the bandwagon with Areca (they might sniff something we don't)...

Any wise men can deduct this corporate move? My observation could be capital repayment are near.... ..

Posted by TokAbah > 2020-07-23 21:57 | Report Abuse

This is good news lehh

Posted by Moneyteam > 2020-07-23 22:08 | Report Abuse

I just see the torch .... enjoy tommorow ride

Posted by Bemillion > 2020-07-23 22:35 | Report Abuse

.Solomon7...yes true. Agreed ...
Fund mngr affin Hwang now hold 10.799% of total compny share...and becoming substantial holder...an increase compare to her holdings fm 4.789% on 23 Jun 20 previously. What this indicator points to? The stock value is heading north. Something big is brewing.



Limit up soon... Emmmm tighten your seat belt..

Posted by richmao > 2020-07-23 22:45 | Report Abuse

https://www.klsescreener.com/v2/news/view/706547

Posted by richmao > 2020-07-23 22:54 | Report Abuse

Right issue always bad news llolz

Posted by zerocool7199 > 2020-07-23 23:06 | Report Abuse

Need capital for coming project?affin hwang buy huge?abu hassan log in his share at this timing too??omg too many indicator

Posted by Moneyteam > 2020-07-23 23:09 | Report Abuse

Tommorow hope some selling before flying hahahahha ... i want top up some before riding to the north ...

Posted by Bemillion > 2020-07-24 00:42 | Report Abuse

Pls read line by line.. RI...true but its compensated with free warrant and further enable us to aquire unit share at .20 ¢. Why not.... Its adv to us trader.

And plus other initiTives and clear direction for compny dev and expnsion... I think this is good and leverage many initiatives positively to us traders.

Do u think so..

Posted by Bemillion > 2020-07-24 00:44 | Report Abuse

Capital raising strategy can be of many facets... All these means that the compny is on the right track and commited to bring the best ROI to its stakeholders i reckoned

Posted by Bemillion > 2020-07-24 00:46 | Report Abuse

.quote.

Source:KLSE Screener KLSE Screener

Prestariang seeks to raise RM35m through one-for-three rights issue
TheEdge Thu, Jul 23, 2020 09:44pm - 3 hours ago


KUALA LUMPUR (July 23): Two days after proposing a private placement of 15% of its shares to its founder Dr Abu Hasan Ismail, Prestariang Bhd today announced another cash call.

In a bourse filing, Prestariang said it is planning to raise a further RM35.37 million via a renounceable rights issue of ordinary shares with free detachable warrants.

The rights issue will involve up to 176.84 million new shares at an issue price of 20 sen per rights share, on the basis of one rights share for every three Prestariang shares held. The rights issue will come with free detachable warrants, on the basis of one warrant for every one rights share subscribed.

Together with the RM27.85 million injection agreed to by Abu Hasan on Tuesday, Prestariang is aiming to raise a total of RM63.22 million through the two corporate exercises.

Abu Hasan will take up a total of 79.58 million new shares or a 15% stake in the company at 35 sen per share with free detachable warrants on the basis of one warrant for every placement share.

Of the total proceeds raised, Prestariang said RM28.3 million will be used for working capital, RM17.51 million for business expansion for new product offerings and RM16.5 million for partial repayment of advances from directors as well as redemption of the redeemable secured loan stocks.

“Barring any unforeseen circumstances and subject to all required approvals being obtained, the proposals are expected to be completed by the fourth quarter of 2020,” the group said.

As at July 20, being the latest practicable date for the corporate exercises, Abu Hasan did not hold any shares in the company.

As part of the corporate exercise, Prestariang said it is also establishing a long-term incentive plan, which comprises an employee share option scheme and share grant plan of up to 15% of the issued share capital of the company.

Shares of Prestariang closed one sen or 2% lower at 49.5 sen today, valuing the company at RM263 million. The stock has rebounded 330% from its recent low of 11.5 sen on March 19.

Posted by jvw1520 > 2020-07-24 01:57 | Report Abuse

Is this favourable or not?

Posted by RoboTop > 2020-07-24 07:27 | Report Abuse

I cannot gauge investors' sentiment regarding all the news that just came in.....but I still remain positive and view it as a very strategic move by Presbhd.

Posted by SupPanda > 2020-07-24 07:44 | Report Abuse

Cimb acquired 17mill...

Posted by zerocool7199 > 2020-07-24 07:55 | Report Abuse

All big player are settled their position..assuming good news will kick in very soon

Posted by RoboTop > 2020-07-24 07:58 | Report Abuse

Why would Affin Hwang want to increase their holding if there is nothing in it?

Posted by RoboTop > 2020-07-24 08:02 | Report Abuse

Presbhd is calling for RI bcoz it needs working capital in preparation for new projects that are coming in.