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2014-03-20 13:15 | Report Abuse
TP 0.3 too high.. don't expect too much in this counter... agreed with Kannibu
2014-03-20 13:14 | Report Abuse
I trapped in this counter from last nov 2013, bought at 0.145 & 0.13, and as for today manage to sell at 0.145,if want to buy this shares better wait when it fall below 0.115 and try to sell at 0.125 with suggest buy volume 100k and above..
2014-03-14 00:18 | Report Abuse
If drop, buy more at discounted price
2014-02-28 22:03 | Report Abuse
Today I q sell 0.125 and all 100k clear during early hours..
2014-02-27 23:35 | Report Abuse
Kaching kaching..... Tq risk trader.... Now i need to reenter my que sell order (after read risk trader mesej)
2014-02-25 23:13 | Report Abuse
When people selling, someone will buy at discounted price.. believed me...
2014-02-25 23:11 | Report Abuse
Just bought 100k@0.115, praying this counter can reach 0.13 again
2014-02-21 22:01 | Report Abuse
Scomi 60min chart show buying signal at 0.46~0.465 I hope this counter will fly
2014-02-17 17:34 | Report Abuse
I'm still holding this since Dec last year.. Hopefully will fly again.
2014-02-12 23:39 | Report Abuse
Hi Matrixcool, can you suggest any PENNY STOCK that we can take part... ? TQ Bro..
2014-02-10 23:45 | Report Abuse
I will q more when MQTECH flying down to 0.12
2014-02-10 14:08 | Report Abuse
So JCOOL, means that you surrender this share already...?
2014-02-07 10:25 | Report Abuse
I want to dump my MQTECH...sudah hilang sabar...
2014-01-30 18:03 | Report Abuse
If Dow Jone SUPER BULL! this counter will boom too
2014-01-23 00:28 | Report Abuse
Can't wait for this warrant on next Tuesday..
2014-01-22 19:03 | Report Abuse
yes .. i also want to keep this tight until it reach 0.16 again
2014-01-19 23:59 | Report Abuse
Aliance & RHB has made their research.. So this coming monday all eye will focus on this counter..
2014-01-12 22:30 | Report Abuse
Sun, 12 Jan 2014 07:11:54 +0000
( Kuala Lumpur 12 hearing ) news that at least four units proposed bid , for tourists rebate program (Tourist Refund Scheme, referred to as TRS) Management consumption tax (GST) system under the expected bid results will be announced after the Lunar New Year .
China will formally implement the consumption tax in next year April 1 , Financial Weekly, "The Edge" quoted sources indicate that bid four units , each headed by local companies and foreign partners , of which two local companies to Malaysian listed companies.
Sources pointed out that this is because the bidding company must build , operate and hold the rebate system , in terms of visitor rebate must have at least 5 years of experience , so every local companies have their cooperation with the international group bid . However, local companies must hold the associate company at least 51% equity interest in bidding .
The first 50 million annual turnover expected
MOF is November 8 last year to advertise the tender , the final deadline for bid last December 20 .
It is understood , of which two units include Salihin Consulting Group Pte Ltd and Spain Innova Taxfree Group and the Islah Wawasan Sdn Bhd and Irish Premier Taxfree composed of associates .
Another two Malaysian companies listed on GEM bid , including last September announced a partnership with South Korea 's rebate League Group Meeting (MPAY, 0156, GEM technology stocks ) , as well as with overseas shopping rebate company Global Blue (Global Blue) co- Ellis (IRIS, 0010, GEM technology stocks ) .
Reported that the successful bid of the company, the first year of operation is estimated to get 50 million ringgit turnover.
According to reports, foreign tourists in Malaysia next year is estimated to pay 1.4 billion ringgit consumption tax , expected to increase to 3.5 billion by 2020 ringgit
2014-01-12 22:27 | Report Abuse
aduhhhhh... MQTECH when you plan to take off.... already engaged with you more than a month.....huhuhuhu
2014-01-11 07:01 | Report Abuse
I used redtone mobile known as redone among the cheapest monthly commitment. Many of my friend convert their telco to this company.. free call to all redone user.
2014-01-08 23:33 | Report Abuse
Hi Matrix.. Thank you for kindness for the explanation on 07/01/2014 10:38.. really appreciated it.. currently I am holding MQTECH, UMWOG-CA & ASIAPAC...
2014-01-06 23:36 | Report Abuse
Hi Matrix.. really a good note.. what do you think about DAYA, MQTECH, UMWOG-CA & ASIAPAC
2014-01-06 21:49 | Report Abuse
So JCool... what is the price expectation for 2molo...? can't wait to sell my shares..
2014-01-05 20:32 | Report Abuse
Kc loh... what the support price for this counter?
2014-01-05 20:17 | Report Abuse
News on tv3 just now about myeg..
2014-01-05 09:35 | Report Abuse
Albertng... same expection for the price with you... q sell @0.155
2014-01-04 23:33 | Report Abuse
Tq jcool, tonight i can sleep well
2014-01-04 22:49 | Report Abuse
Alamak... 250lot@avg0.296 what to do... sell or hold?
2014-01-04 22:08 | Report Abuse
Oh no....... last month i also bought this @0.145 & @0.13 then price go down to 0.11, worry of this share going further to the floor... i did not buy additional shares. And when it go up to 0.14 greedy to sell at this price...
2014-01-02 12:30 | Report Abuse
I heard this counter could double the price within 3 months... Can someone verify this?
2014-01-02 11:44 | Report Abuse
I don't know about 2014 CPO price... but this counter has suck my money from the day of IPO listing.... I keep holding and believe that it can move back to RM5.5 but that all the dream I has to realise not yet come true.. So the best part I cut lost at RM4.5 and only eat the dividend twice...
2013-12-31 22:26 | Report Abuse
ktrader.. I got UMWOG-CA 10k@0.3 & 5k@0.295 and still queing for the best price 0.29
2013-12-31 18:08 | Report Abuse
ESOK HARIJADI SAYA.. hoyeaaaaa... UMWOG-CA dalam tangan dan harap boleh untung pada 2/1/2014
2013-12-16 21:39 | Report Abuse
There are many reasons to buy back shares:
Tax efficient way to return investor's money: Healthy companies make profits and they must find an efficient way to give the profits to the shareholders if they they don't have a good way to use them. For instance, companies such as Apple have billions in their treasury sitting and earning 2% in interest. There are two main ways to return the money. 1) Dividends. 2) Buy back shares. Many companies try to keep dividends at a constant rate so as to not hit their shareholders with an unexpected tax event. When you get a dividend you have to pay a tax for that in that year.
Signal to the market that the board thinks the company is strong. When a company is buying back shares, it sends a message to the market. Since the company board knows the best about the company, the markets often think that the company is getting healthier and puts lesser pressure on the board from activist investors.
Compensate for stock options & bonuses. Companies give out stocks to their employees in the form of options & grants. This increases the number of outstanding shares. Many companies want to keep their outstanding shares stable. So, they compensate from the issue of new shares by buying back some of the old shares from public.
Push up the stock price. The stock repurchase reduces the float (number of stocks held by the public) thereby causing a scarcity of the company's shares in the market. The company could then use a favorable market condition to reissue these stocks to public and make a gain (these gains will not be reflected in the profits, as a trading gain on one's own shares is not allowed to be reported in income statement).
Support the price. When a company is pummeled by the market, key institutional shareholders would press the company to "support a price". This is because the poor performance of the company would reflect bad on the institutions (portfolio managers, pension funds) when they send out their periodic statements to their investors.
As suggested by Dnyanesh Deshpande in the comment thread, a buy back improves many of the financial metrics: ROE (Retrun on Equity) and EPS (Earnings per Share). Both of these core metrics have denominator as number of shares and by reducing number of shares, you increase them.
Stock: [PGB]: PROPEL GLOBAL BERHAD
2014-03-31 11:31 | Report Abuse
Today I bought more at this discounted price... hahaha