David Coperfield

davidftl | Joined since 2014-08-27

Investing Experience Advanced
Risk Profile High

Super & powerful trader from George soros & assistant to Warren Buffett

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Stock

2021-09-23 23:33 | Report Abuse

wahkakakaka song lior

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2021-09-23 22:32 | Report Abuse

I dont care 2moro i hantam kuat-kuat

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2021-09-23 22:31 | Report Abuse

Ta Win intends to commence building the first Electron Beam Irradiation Plant
by the fourth quarter of 2021 and expects to commission the plant in the first quarter of 2022

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2021-09-23 22:28 | Report Abuse

In fact, the recent Qtr result is not included the revenue from APTIV Cooperation for 6 months term! Because it only started in July and yesterday's Qtr result was only until June 30th. So we only can see the accurate result for the next 2 Qtr mah.

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2021-09-23 10:47 | Report Abuse

I don't care! today TOP-UP more.....

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2021-09-23 09:59 | Report Abuse

Airasia loss money the share price up, TA-WIN can Goreng also mah

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2021-09-23 00:19 | Report Abuse

Now BURSA counter very special one,if LOSS PROFIT all Up & if Gain Profit sure DOWN, Example TG ! For the Loss counter you sendiri search which is UP la?

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2021-09-22 20:57 | Report Abuse

But at least got improvement better than nothing & potential to get more improvement in next qtr mah !
The more important thing is a new project moving on so be patient lah. Maybe 2moro you wakeup suddenly become KAYA lo

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2021-09-22 15:27 | Report Abuse

walaupun ta-win tapi boss kata sure-win

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2021-09-20 18:16 | Report Abuse

tayor! nothing is impossible. it is time to make our dream come true, everyone can FLY

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2021-09-20 00:47 | Report Abuse

Pls get ready, tight your seatbelt

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2021-09-11 23:57 | Report Abuse

EDUSPEC HOLDINGS BERHAD

Type: Announcement
Subject: NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description: EDUSPEC HOLDINGS BERHAD ("EDUSPEC" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 564,884,100 NEW ORDINARY SHARES IN EDUSPEC, REPRESENTING UP TO APPROXIMATELY 20% OF THE ENLARGED TOTAL NUMBER OF ISSUED SHARES OF EDUSPEC (EXCLUDING TREASURY SHARES) ("PRIVATE PLACEMENT")

Date Announced : 10 Sep 2021

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2021-09-09 18:21 | Report Abuse

JF Apex Research said Mestron has signed a share sale agreement with Maxcom Engineering Sdn Bhd to acquire 100% of Liziz Biogas Sdn Bhd for RM3mil. Liziz is involved in the generation of biogas electric energy.

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2021-09-08 22:50 | Report Abuse

3. On page 4 of the Corporate Governance Report,the Company states that it has departed from Practice 1.2 and the Company does not presently have a designated Chairman since the resignation of the previous Chairman, Tan Sri Dato' Tan Hua Choon on 26 August 2020.
What are the challenges the Company is facing in identifyi ng the right candidate as Chairman? What is the targeted timeline for the appointment of a
permanent Chairman?

Answer:
The Group is still actively pursuing a suitable candidate to lead the Board as the Board intends to fill this position with some high-profile individuals as in the previous Chairman. The Group hopes that it will be able to fill the vacancy before the end of the year.

Stock

2021-09-08 22:49 | Report Abuse

7. The Company had on 16 November 2020, obtained shareholders' approval for
diversification of the Group's business to include Glove Business and has contracted a company to construct glove production line during the financial year. The construction work has yet to be commenced at the end of the reporting period (Note 36(c), page 112 of AR2021).

b) If construction has commenced, to-date, what is the status and progress of the
construction of the glove production line?
c) When will the glove business commence production?

Answer:
b) Kindly refer the reply 7(a) above.
c) Kindly refer the reply 7(a) above.

7. The Company had on 16 November 2020, obtained shareholders' approval for diversification of the Group's business to include Glove Business and has contracted a company to construct glove production line during the financial year. The construction work has yet to be commenced at the end of reporting period (Note 36(c), page 112 of AR2021).

a) When is the construction of glove production line expected to commence?

Answer:
a) The Group are still doing the current market cost calculation on the project to operate the factory and exploring the most cost effective to build our glove line to match with the current market selling price. The Group targeted to finalise the process by October or November 2021.

8. The Group's business segment - provision on of warehouse storage service recorded a significant decrease in revenue to RM0.3 million (2020: RM1.0million) and loss of RM0.9 million as compared to a profit of approximately RMl.O million in the previous year. (Note 29(a), pages 98,99 & 101of AR 2021).
What is the reason for the huge decrease in revenue and loss registered from the provision
of warehouse storage services?

Answer:
The reason for the huge decrease in revenue and loss registered from the provision of warehouse storage services was due to reduce in rental income for GP Marketing Sdn Bhd/GPA Plastic Industries Sdn Bhd/GPA Technologies Sdn Bhd and GBH Bathroom Products Sdn Bhd as the tenancy agreement ended on 1 September 2020 and not renewed. There was 50% rental rebate given to GBH Bathroom Products Sdn.Bhd due to COVID 19 pandemic. As the warehouse is currently being evaluated to either house the production of glove or reinventing into different rental usage and as such the Group terminated some of the other services during the financial year pending new development.

Corporate Governance
1. Chapter 9, Paragraph 9.21(2) of the Main Market Listing Requirements requires
companies to publish the summary of Key Matters Discussed at the previous AGM onto the companies' website. As of 29 August 2021, the Company has not published the summary of Key Matters Discussed at its 21st AGM held on 29 September 2020 onto its website.

Please explain.
Answer:
The Company takes note of the comment and will ensure that the summary of Key Matters Discussed/Minutes of the General Meeting will be published on the Company's website moving forward. Nevertheless, the AGM minutes for the year 2020 has been uploaded onto the Company's website on 6 September 2021.

2) Mr. Koo Kien Yoon, the JOE Holding Bhd appointed to the Board on 27 August 2020. He is also the Executive Director Lambo Group Berhad and Vsolar Group Berhad.
As the Executive Director of the Company, Mr. Koo is expected to devote his full- time commitment to JOE Holding as he is drawing sala ry, bonus and other benefits under the contract of service with the Company.

a) Please explain how Mr. Koo manages his time commitment to the Company vis¬ a-vis his position as Executive Director of Lambo Group Berhad and Vsolar Group Berhad given that all three are executive positions that require full-time
commitment.

Answer:
a) Mr Koo's role in our Group is very specific which is to spearhead the glove business. He is assisted by a team of professionals in JOE to manage the glove business via his vast contacts and networks. The Group's existing battery business which is still actively managed by a team of professionals.

2) Mr. Koo Kien Yoon, the JOE Holding Bhd appointed to the Board on 27 August 2020. He is also the Executive Director Lambo Group Berhad and Vsolar Group Berhad. As the Executive Director of the Company, Mr. Koo is expected to devote his full- time commitment to JOE Holding as he is drawing sala ry, bonus and other benefits under the contract of service with the Company.

b) Given that Mr. Koo is the Executive Director of two other public listed companies, what is the rationale for the Nomination Committee to recommend Mr. Koo to the Board and the reason for the Board to approve his appointment?

Answer:
b) Since the Group intends to venture into glove business, the Company appointed Mr Koo' in light of his vast contacts and networks in spearheading the glove business in particular reengineering of its existing factories to cater for glove production.

Stock

2021-09-08 22:45 | Report Abuse

AGM Q & A

Operational and Financial Matters
1. Based on the Statement of Cash Flows for FY2021, there was a purchase of investment securities amounting to RM15.7 million (2020: Nil) and a fair value loss on investment securities amounting to RM0.4 million (2020: Nil) (page 51 of Annual Report 2021 ("AR2021")).
(a) The said investment securities were quoted shares in Malaysia at the fair value of
RM15.3 million as of 31 March 2021(Note 9, page 83 of AR2021).To which quoted shares do the fair value loss relate to?
Ans: The fair value loss related to quoted shares PNE PCB BHD

2. As of 31 March 2021, the group placed an of RM20 million being the cash deposit placed in a securities account opened with a stockbroking firm in Hong Kong, for investment purposes (Note 14, page 86 of AR 2021).
c) The Group's main business is in the sale of automotive batteries and Valve Regulated Lead Acid ("VRLA") batteries. It is also in the process of diversifying into glove manufacturing.

What is the rationale for placing RM20 million to be used for investment in foreign quoted securities rather than utilizing the cash for the Group's main business, particularly in the glove business?

Answer:
c) The Group is of the view to raise additional capital to cushion any uncertainties in entering a new business rather than using its existing capital which should be preserved for an existing business or opportune investments.

3. On 15 July 2021, JOE Holding had invested in Pasukhas Group Berhad ("Pasukhas") for a total purchase consideration of approximately RM25 million via rights issue with a substantial shareholding of 21.58% equity interest in Pasukhas (Note 37(d), page 113 of AR2021).
a) What was the hurdle rate adopted and approved by the Board in evaluating the
investment in Pasukhas?

Answer:
a) As mentioned above, the Group's decision to invest in quoted shares is mainly related to the long terms prospects viz-a-viz the Group existing business and as such has not determined any hurdle rate in this respect.

3. On 15 July 2021, JOE Holding had invested in Pasukhas Group Berhad ("Pasukhas") for a total purchase consideration of approximately RM25 million via rights issue with a substantial shareholding of 21.58% equity interest in Pasukhas (Note 37(d), page 113 of AR2021)

c) Given that Pasukhas is a loss-making company for the past 3 yea1rs up to 31 December
2020, how will the Board ensure that the investment is in the best interest of the Company and shareholders interest can be safeguarded?

Answer:-
c) The Acquisition is part of the Group's initiatives to invest in companies that have
growth prospects, and the Group is confident that the Acquisition would provide a positive return in medium to long term. As stated in the Abridged Prospectus of PGB dated 21June 2021, PGB is principally involved the activities of Mechanical & Electrical Engineering Services, Civil Engineering and Construction Services, Manufacturing of Low Voltages Switchboards, Trading of Coal, River Sand and Equipment, Renewable Energy,Rental Property and Property Development segments whereas the Group is in the process of converting its existing factories into glove production purposes and in this respect, PGB would have the relevant expertise and capacities which would be able to provide potential valuable business synergies with regards to the construction services.

4. The Company's investment securities of quoted shares in Malaysia, investment in Pasukhas and cash deposit placed in a securities account with a stock broking firm in Hong Kong adds up to approximately RM60.7 million which is 31% of the total assets of the Company, why is the Company using 31% of its cash for non¬ core business?

Answer:
As mentioned above, the investments in quoted shares namely PNE PCB and Pasukhas are somehow of assistance in growing the Group's new glove business as mentioned in the respective announcements.

5. How does the Board manage the risk associated with investing in quoted shares in Malaysia and foreign quoted securities? Does the Board have an investment policy for investment in securities?

Answer:
As mentioned above,the Group is not in the business of securities trading and as such does not have investment policy. All our quoted investments are somehow strategic enough for our Group's glove business in future.

6. 'Administrative expenses' increased significantly to RM5.3 million (2020:RM2.9million) (page 46 of AR 2021).
What is the reason for the huge increase in administrative expenses?

Answer:
Reason of huge increase in administrative expenses was due to increase in legal fees, professional fees and listing fees related to company private placement.

Stock

2021-09-03 20:45 | Report Abuse

KUALA LUMPUR: Mestron Holdings Bhd (MHB), via its wholly-owned subsidiary Mestron Energy Sdn Bhd (MESB), is acquiring the entire stake in Liziz Biogas Sdn Bhd from Maxcom Engineering Sdn Bhd for RM3 million cash.

In a statement today, the company said the acquisition represents MHB's second effort to venture into the green technology business to enhance recurring income for the company.

Liziz is principally involved in generating biogas electric energy.

The company has also recently ventured into solar power systems for the telecommunication industry.
The acquisition will be funded internally via proceeds raised from the recent private placement exercise of MHB, it said.

MHB executive director Gary Loon said the acquisition aligns with the company's focus on environmental, social and governance (ESG) initiatives.
He said the acquisition is also part of the company's effort to expand its business growth beyond core activities on manufacturing steel poles and outdoor lighting products.

"The proposed acquisition of Liziz will formally put MHB as one of the few listed companies in Malaysia involved in the biogas renewable energy business," he said.

Loon added that Liziz has the potential to expand its capacity by another 1.2 megawatts (MW) in two to three years, given its strategic location that enables access to raw material.

"The expansion of the capacity is subject to the miller's expansion plan and the availability of TNB's (Tenaga Nasional Bhd) power grid quota.

"It is also worth noting that the acquisition will be earnings accretive for MHB as Liziz's biogas plant is expected to be fully operational by the second quarter of 2022," he added.

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2021-09-03 20:36 | Report Abuse

Subject was incorporated on 07 February 2018 in Malaysia under the name LIZIZ BIOGAS SDN. BHD. with registration number of 201801005407 (1267421-D). LIZIZ BIOGAS SDN. BHD.'s business includes OPERATION OF GENERATION FACILITIES THAT PRODUCE ELECTRIC ENERGY.

LIZIZ BIOGAS SDN. BHD. is a private limited company and has been existed for 3 years.

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2021-09-03 20:10 | Report Abuse

another GENETEC because of TEC ermm

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2021-09-03 20:08 | Report Abuse

Ha ! Don't u think JOE is going to venture EV Battery ?, another Genetec ! Let see ermm

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2021-08-25 22:38 | Report Abuse

Yeah, start moving, everyone can fly

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2021-08-25 22:01 | Report Abuse

EDUSPEC HOLDINGS BERHAD

Type of Meeting: General
Indicator: Notice of Meeting
Description: Change of Mode of Meeting of Seventeenth Annual General Meeting to Online Meeting Platform
Date of Meeting: 26 Aug 2021
Time: 10:00 AM

Stock

2021-08-22 18:07 | Report Abuse

Monday everyone can fly

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2021-08-20 22:16 | Report Abuse

Sdh cabut ! A big drop is coming. It needs the number to meet the quota.
if reached its number(for the market maker), sure will dump like a rollercoaster to limit down.
Take care!

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2021-08-20 10:05 | Report Abuse

wait for the qtr report

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2021-08-14 00:18 | Report Abuse

Michael Kwok No need to panic.
26/07/2021 4:32 PM

SIFU TOLD US NOT TO BE WORRIED
STEADY Bommm Pi pi Pi

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2021-08-11 13:51 | Report Abuse

All tech tech tech one, now don't play play ya

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2021-08-11 13:36 | Report Abuse

LET SEE..... Something brewing

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2021-08-09 09:08 | Report Abuse

First and Final Single Tier Final Dividend of 0.2 sen per Ordinary Share in respect of the Financial Year Ended 31 March 2021

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted "Ex - Dividend” as from: 9 Aug 2021
2) The last date of lodgment : 11 Aug 2021
3) Date Payable : 18 Aug 2021

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2021-07-28 09:07 | Report Abuse

Announcement:-

Type of Meeting: General
Indicator: Notice of Meeting
Description: Systech Bhd ("Systech" or "the Company") - Eleventh Annual General Meeting
Date of Meeting: 28 Jul 2021
Time:10:00 AM
Venue(s): Online meeting platform via https://web.lumiagm.com as provided by Boardroom Share Registrars Sdn Bhd in Malaysia

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2021-07-28 09:01 | Report Abuse

First and Final Single Tier Final Dividend of 0.2 sen per Ordinary Share in respect of the Financial Year Ended 31 March 2021
Kindly be advised of the following :

1) The above Company's securities will be traded and quoted "Ex - Dividend” as from: 9 Aug 2021
2) The last date of lodgment : 11 Aug 2021
3) Date Payable : 18 Aug 2021

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2021-07-26 21:03 | Report Abuse

Reply to UMA query:-
1. As at the date of this announcement, there is no corporate development in relation to the Group's business and affairs that have not been previously announced, which may account for the trading activity, including those in the stage of negotiation/ discussion.

2. The Board is not aware of any rumour or report concerning the business and affairs of the Group that may account for the trading activity.

3. Save as disclosed above, the Board is not aware of any other possible explanation to account for the trading activity.

4. The Board also confirms that they are in compliance with the AMLR of Bursa Securities, in particular Rule 9.03 of the AMLR of Bursa Securities on the immediate disclosure obligations.

This announcement is dated 13 July 202

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2021-07-22 16:28 | Report Abuse

look like U-keras already taken Tongkat- ALI medicine, slowly become Harimau

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2021-07-14 17:24 | Report Abuse

Mak Siew Wei stock must be careful, many ppl kena traps!!

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2021-07-01 12:08 | Report Abuse

No show lior, signal show SELL & banker chip is kept dropping. so RUN

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2021-06-18 12:06 | Report Abuse

warrant approve up up up

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2021-06-03 23:39 | Report Abuse

I think must take precaution, the AR due date on 30-06-21, if still cannot kautim, i believe it mind be suspended until the cases settle down.

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2021-06-02 16:31 | Report Abuse

O-Ho, another SUMATEC ???

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2021-06-02 16:07 | Report Abuse

RUN otherwise.......

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2021-06-01 15:36 | Report Abuse

dangerous !! RUN RUN RUN

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2021-06-01 15:01 | Report Abuse

Just now i said RUN RUN RUN, who have no RUN yet?

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2021-05-17 09:43 | Report Abuse

0.40 COMING SOON !!

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2021-03-26 20:47 | Report Abuse

FINTEC and XOX both same gang at Menara Lien How

Congratulation all XOX supporter. Another 30% ESOS which potentially make total number of share to 5.1Billion units. 5.1 Billions you know, the one ended with B. Or 5100million units of shares and keep talking about the historical high profit of RM 5.7 mil (with fake unrealized gain).

Discover anything today?

Bid Queue Sell Queue
1,120,295 - 0.065 62,052 - 0.070
822,154 - 0.060 516,486 - 0.075

Why is the 0.065 Bid Q so huge today? A lot of players plan to buy, good support like what the cybertropers said? and Why is the 0.070 Sell Q so small? A lot of players eat up the Q? WRONG...

Operation put a big block at 0.065 for few weeks to make sure that NO RETAILS can get the the 0.065 tickets as they wanted to fix the price at 0.070. So that the new ESOS price can be fixed around ~0.63sen or lower (10% Discount from the average price, which is around 7sen). They want retails to buy at 0.07 or higher. After finish the 0.070 Q, they will put more tickets at 0.07 again and repeat.

After getting the new ESOS, they will release some HOA, LOA, MOU or any kind of rubbish collaboration news between their rotten companies. Then they will put a big block at 0.075 (make sure all their tickets are Q in front of retails tickets). And make the 0.07 Q small enough for them to sell with news. So those who bought at 0.07 now, have to sell back at max 0.07 (lose broker fee, but most of the retails dream that operator will push higher than 0.07, so they wait). From time to time, the 0.07 will be finished and eat into 0.075 which are all their tickets, but no way they will push higher.

In short, retail can only buy at 0.07 now, and after ESOS, they can only sell at 0.07, if you insist to trying your luck, maybe you buy now, then can start to Q from now until next month..

Warning sudah bagi, even give the details on how they operate, and still ppl talking about chart la, this la, that la.. XOX bought macpie cheap cheap and now already gain 40% la 50% la etc. Did XOX sell any of the Macpie tickets to get CASH? NO, the operator gang heavily bought into the Macpie shares at lower price, then now they want to use XOX money to buy those tickets from them at ridiculously higher price.

Let me tell you another operator secret. Did you realized that why are all the "small" counters (MACPIE, NEXION, CHEETAH and etc) which has news related to XOX fly like no tomorrow but XOX not flying?? Because XOX is the FOCUS counter, meaning they will keep issuing ESOS, SIS, Private Placement, Right Issue to XOX to bring in cash to the company. Then will sell those cheap tickets to the public hands at only 5%-10% gains (example, ESOS at 6.3sen, then sell at 7-7.5sen). Then they will take their cash to go buy Macpie, Nexion, Cheetah (those attached counters) at LOW price. Then at the end, they will use the XOX's cash to goreng up those attached counters until crazy price and buy the expensive tickets from their hands to ENCASH. Explain until like this still cannot understand how they manipulate all the counters??

Yes, if you want a goreng counters, go buy those ATTACHED COUNTERS, NOT the focused on like XOX. However, no body know which is the attach counter before they announced the news. Once they announced the news about which counter is having "relationship" with XOX, the attach counter's share price already 3x or 4x folds high, and you still dare to buy? Of course, at the end, XOX will use up all their cash to buy from the operators at high price.

XOX (Focused counter) ---> MACPIE, CHEETAH, NEXION and etc (attached counters)

Go to the list again of what company they owned, you will see that those FOCUSED counters share price keep going down after each SIS/ESOS/PP, but those attached counters keep going up after BIG news announced.

Those who already realized and escaped, thanks me later. Those stubborn one, all the best to you. To the cybertroopers, sorry that I disclose all your tactics, but don worry, there are still plenty of fish for you to catch.

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2021-03-23 15:30 | Report Abuse

UMA query again ! unusual market trade

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2021-03-15 09:20 | Report Abuse

Now all glove sector turn RED

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2021-03-04 15:51 | Report Abuse

just come back here look see look see ! you all still dreaming with all counter under the [ FINTEC group ] Ah!! I really pity you all, at the time I sold 0.24cts now become 7cts. Later on, become a tisu paper. Just tell you all XOX is playing VOLUME from left to right & announcement KING. so better go for other potential counters. bye bye

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2021-03-04 08:42 | Report Abuse

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