Posted by SC > 2015-12-17 12:55 | Report Abuse

I'm also acquiring...... at 0.375 to 0.385 up to 100K
If drop further will buy more..... very 15% down from 0.38 I will collect 50K to 100k shares.
my target to collect up to 500k and to keep for at least 2 years.
If up over 0.425 will stop buying.

Posted by benboy > 2015-12-17 14:41 | Report Abuse

nice. see you guys in egm or agm to vote NO to get our trust fund back. looking forward to trust fund of 46c/share + interest ;-)

Posted by newbiehk2014 > 2015-12-17 14:55 | Report Abuse

nekosan, what is the bad news at comfort u bs last time?

Posted by nekosan > 2015-12-17 15:58 | Report Abuse

newbiehk2014, it said will go to 1.0

Posted by Koon Bee > 2015-12-17 16:30 | Report Abuse

This stock really wasting of time

Posted by nekosan > 2015-12-17 16:57 | Report Abuse

hahaha ...1 billion share issued ... how to push ?

Posted by Koon Bee > 2015-12-17 17:00 | Report Abuse

If PE 10, with 1b share...how much profit need to generate to get share price at RM1...do the calculation and you will know want to buy or not?

Posted by Koon Bee > 2015-12-17 17:03 | Report Abuse

If annual PAT at RM50M, with Share issue 1B share and if PE 10...anyone can help to count what is the share price?

Posted by Koon Bee > 2015-12-17 17:06 | Report Abuse

I foresee with market capital of RM500 mil and sound experience of the management team...1st year PAT after the QA is around 10-15% for F&B biz...this should be in the range of 50 - 75M PAT on 1st year

Posted by DreamInvader > 2015-12-17 21:18 | Report Abuse

wolume okay

Posted by ruslimz > 2015-12-17 22:45 | Report Abuse

IF no QA in 3 years...brilliant management's 10m become 0m...where else we get back 46 sen before interest....

Posted by Koon Bee > 2015-12-17 22:50 | Report Abuse

Rsena listing on the wrong timing after couple of days hisbic sold down with margin call...am kong

Posted by DreamInvader > 2015-12-17 22:53 | Report Abuse

Listing during market bottom is better than listing during market peak ... Becos the only way to go is UP ...

Posted by traderman > 2015-12-17 22:54 | Report Abuse

it doesnt matter listed at when ... if they wanna goreng up, good time or bad time also will do

Posted by DreamInvader > 2015-12-17 22:55 | Report Abuse

Posted by ruslimz > Dec 17, 2015 10:45 PM | Report Abuse

IF no QA in 3 years...brilliant management's 10m become 0m...where else we get back 46 sen before interest....
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How do you know for sure cannot acquire anything in 3 years ... They are not in O&G, but in F&B ... Plenty of viable F&B businesses around needing capital injection to grow & expand faster ...

Posted by ruslimz > 2015-12-17 22:58 | Report Abuse

shut up !!!!!! melayu tak tau hitam puteh.....engkau tak faham apa yang aku tulis ....kau nak komen pulak........engkau kena masuk kelas belajar yang mana hitam dan yang mana puteh baru boleh joint this forum.....

Posted by DreamInvader > 2015-12-17 23:00 | Report Abuse

Posted by ruslimz > Dec 17, 2015 10:58 PM | Report Abuse

shut up !!!!!! melayu tak tau hitam puteh.....engkau tak faham apa yang aku tulis ....kau nak komen pulak........engkau kena masuk kelas belajar yang mana hitam dan yang mana puteh baru boleh joint this forum.....
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You shhut your arrse up ... Perasan saja yg dia tu pandai sangat, hebat sangat ... Aapa hal pun tak tau juga ... Perasan juga lebih ... Kontuik iddiot dikkhead juga ...

Posted by ruslimz > 2015-12-17 23:05 | Report Abuse

Berak engkau basuhkah....aku rasa budak tak cukup umur macam enkau ni tak tau nak basuh berak......tak payah lah joint forum ni...buat busuk je.....

Posted by DreamInvader > 2015-12-17 23:14 | Report Abuse

Aik, siapa pulak yg tak ckp umur tu ... Biasanya org yg cakap blagak & kurang ajar mcm dia hebat sangat tu la yg betul x ckp umur punya ...

Posted by HYG > 2015-12-17 23:30 | Report Abuse

Every day got volume, it's good sign.
Hope can up and up.

Posted by Harvard57 > 2015-12-17 23:55 | Report Abuse

just avoid this 1 sen share issued @40 sen where management was issued @0.05 sen
round 1......you made 8 sen,,,management paper gain 43 sen x 200 million !!!!
Dont dream of get back 7% lah 15% lah ...3 yrs later if no QA
this spac very soon will buy up few f&b, plenty in the market for lelong especially in Thailand. We hav to agreed that this spac is a improved or new version of Msia spac which is better than earlier 3 which whack you left right !!! The mother share is more protected as all 200 ml is under moratorium. But be careful of warrant !!!!!!! dont go near it !!!!! there is grey area on moratorium.........
however i agreed that the management team are more creditable than the other 3......anyway go for other counter which can see the return faster, this one susah sikit maybe after 12 months naik 10 to 25%

Posted by zbaikitree > 2015-12-18 00:07 | Report Abuse

i would advise Bursa to stop allowing this kind of stupid listing

collect money from shareholder with big promise. and have 3 yrs to find a biz to buy...

immediately listing date already below cash value. all subscribers of ipo lost money.

how can man. allow a co that has no biz to list while very straight on other want to list.

Posted by DreamInvader > 2015-12-18 00:17 | Report Abuse

Posted by zbaikitree > Dec 18, 2015 12:07 AM | Report Abuse

i would advise Bursa to stop allowing this kind of stupid listing

collect money from shareholder with big promise. and have 3 yrs to find a biz to buy...
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There is a place in this universe where your request might hv a reasonable chance of being entertained, dude ... It is called ... Iddiot Planet ... aka ... Morron Planet ...

Posted by traderman > 2015-12-18 00:18 | Report Abuse

haha .... u all buy xox better ... at least got movement

Posted by benboy > 2015-12-18 13:24 | Report Abuse

Yup. for traders can stay out. Vol drying out as expected. Wait for newsflow before coming back. As for us investor, waiting game. Huge safety margin, min target return for next 3 years is 46c + interest. Further upside if newsflow positive and traders jump in. If benchmark against FD, MTN and bonds: superior return. Any investor wt such profile shd invest.

Posted by HYG > 2015-12-18 21:55 | Report Abuse

The price is stable now and wait for QA. It will be soon as this SPAC have been get prepare since 3 years ago.

Posted by Koon Bee > 2015-12-18 22:02 | Report Abuse

Hearsay QA will confirm after CNY

Posted by nekosan > 2015-12-18 23:25 | Report Abuse

Don't con people!

Posted by zbaikitree > 2015-12-19 01:04 | Report Abuse

stupid stock. change name to Red Sea better. always in red.

Posted by HYG > 2015-12-19 11:33 | Report Abuse

Public Investment Bank, which did not ascribe a fair value to Red Sena, said in a Nov 26 note: “We see Malaysia’s consumption expenditure on food has been increasing at a growth rate of about 10%, while small to mid-cap processed F&B listed companies are growing at an average CAGR (compound average growth rate) of around 4%. Hence, we believe there are still opportunities for Red Sena to acquire high-growth small to mid-cap companies in Malaysia.”

Posted by traderman > 2015-12-19 15:19 | Report Abuse

Is your choice... you want syiok syiok counter, go buy xox... you want long long term investment, only buy rsena
...

Posted by yapyk > 2015-12-19 15:40 | Report Abuse

Rsena to outperform when everyone least expect.......not now but much later.

Posted by traderman > 2015-12-20 08:40 | Report Abuse

Not high... 60 cent Max... warrant 15 cent Max.

Posted by paperplane2016 > 2015-12-21 13:32 | Report Abuse

tot they wanna acquire Thai company...............?

Posted by HYG > 2015-12-21 17:20 | Report Abuse

Where you got the insider news?

Posted by traderman > 2015-12-21 18:21 | Report Abuse

News that reach the ear of public like paper plane no longer a insider news

Posted by paperplane2016 > 2015-12-21 19:08 | Report Abuse

Haifa, open secret liao

Posted by HYG > 2015-12-21 20:18 | Report Abuse

Make it open to public if got any QA.

Posted by DreamCommander > 2015-12-22 16:48 | Report Abuse

Thailand, Philippines & Indonesia, maybe Vietnam also, wud be likely places to source for viable acquisition targets ...

Got plenty of promising businesses around those places that hv good potential for regional growth & expansion ... All they need is a substantial capital injection ... Plus maybe a bit of competent management expertise ...

Posted by HYG > 2015-12-22 23:38 | Report Abuse

Research house comments:

What analysts think: PIVB Research is optimistic that the group is likely to secure a good QA within the stipulated time frame.

“We see Malaysia’s consumption expenditure on food has been increasing at a growth rate of about 10%, while small to mid-cap processed F&B listed companies are growing at an average compound annual growth rate of about 4%.

“Hence we believe there are still opportunities for Red Sena to acquire high-growth small to mid-cap companies in Malaysia,” said PIVB Research.

The research house has also expressed confidence in the management line-up of Red Sena.

“Based on the experience profile of its management team, significant vested interest of 20% and a tighter moratorium, we believe all efforts will be taken in ensuring a successful acquisition of QA,” said PIVB Research in its note published on Nov 26.

Posted by worldbaba > 2015-12-28 18:23 | Report Abuse

Hehe. I've given signs for prg, ktc, fgv c7 & all glove companies. Now rsena! Must buy!!!

Posted by Joannalim > 2015-12-28 18:25 |

Post removed.Why?

Posted by worldbaba > 2015-12-28 18:31 | Report Abuse

Nice and genting as well I've signal earlier on

Posted by ruslimz > 2015-12-28 18:51 | Report Abuse

let see........

Posted by HYG > 2015-12-28 20:57 | Report Abuse

Mercury TP is 0.60.
Hope can move slowly.

Posted by benboy > 2015-12-29 22:56 | Report Abuse

vol almost dry up. Just waiting for newsflow ... then shd move. can be anytime until 2 years.

Posted by banditos > 2015-12-30 09:35 | Report Abuse

;-)

Posted by worldbaba > 2015-12-30 10:17 | Report Abuse

Must buy before too late

Posted by worldbaba > 2015-12-30 10:44 | Report Abuse

A little slow but it will break 40c eventually. Buy to keep

Posted by why_no_dividend > 2015-12-30 11:16 | Report Abuse

Cash rich but never pay dividend(other SPACs history) buy for what?