Based on my data for August and compare it with April to July, clearly the manipulation occurs (statistically not possible to justify increase). Not sure about yours.. Why only August? And guess what, the worst increase is in first week of Sept. See below my data:
3 Aug - RM 2.03 (Actual RM 2.07)
10 Aug - RM 2.05 (Actual RM 2.12)
17 Aug - RM 2.06 (Actual RM 2.15)
24 Aug - RM 2.03 (Actual RM 2.15)
31 Aug - RM 2.06 (Actual RM 2.16)
7 Sept - RM 2.06 (Actual RM 2.20)
Coincidence with 1MDB perhaps?

omightycap: Noted. However I used conjecture (believe you also the same) when calculating the price since we do not have the "correct" equation. We will continue arguing and cannot get it right.
P.S: I support government policy that the petrol price should not be subsidized but it should be liberalized instead of "fixed". Let the oil companies determined their own selling price daily.

Not sure why Singapore Dollar currency is used instead of US Dollar. Look at these facts (from April-Sept 2017):
1. On 20 April 2017 Ron95 was RM2.27 (highest price). The brent price was US$55.89 and S$1 was RM 3.1555.
2. On 29 June 2017 Ron95 was RM1.89 (lowest price). The brent price was US$45.22 and S$1 was RM 3.0833.
3. Now Ron95 RM 2.2 while brent price is US$52.38 and S$1 is RM 3.1487 (Estimated RON95 should be only RM 2.05).
As long as the government not being transparent about the calculation, I will suspect the price being rigged.

XOX has another PP after complete the previous PP using MQ bank. If I remember correctly, initially last year PP was to issue 400 mil shares. However due to some reasons, they reduce it to 250 mil shares. Now with new PP they will issue 85 mil shares. If really they need this money for investment, most likely will need PP again (another 80-85 mil shares?) next year (guess that total will be around 400 mil shares). Hope I am wrong...

The dividend maybe around RM0.46 but normally the market will adjust the price (for Dayang share) prior to ex-date. Not sure if Dayang can reach RM1.46 per share by ex-date but at least RM1.30 is possible. After ex-date, then Dayang maybe traded around RM.90-RM1.00. (assuming there is no job yet from Petronas).
As for Perdana, they still need to complete the private placement. So the share price maybe stabilized around RM0.90-RM1.00. We may see it plunge immediately to RM1.00-RM1.10 when it start trading. (Based on limit down, may need 2 days for price to drop). But due to weakness in Perdana finance, it will be difficult to maintain it and may drop below RM0.60.
I owned Dayang shares so maybe a little bit over confidence in above analysis.

NetX will issue 500 mil shares, similar with XOX where MacQ bank subscribed 250 mil shares (around RM 21 mil). During the subscription, the share price of XOX dropped and fluctuated between 9-11 sen. So NetX price will drop to 5 sen??

Today QR will be released. Market seems to anticipate good results. Hope better dividend payout this time

Repost
May 5, 2017 11:10 AM | Report Abuse

This counter is bad for any investor. See below scenario:
In 2016: Bought 1,000,000 @ 0.01 = RM 10,000
Diluted by Private Placement 2.9 billion shares @ 0.01
In 2017: Share consolidation: 50,000
At 0.06 only left RM 3,000
In 2017 also, lots of RCN= Around 174 mil shares (diluted further)
Pity all those investors. This counter will drop further

Not sure if QR will be good if based on latest dividend. The latest dividen of 0.5 sen is the lowest. Hope they can give at least 3 sen this round.

Until now not yet release QR. How to buy?

Maybe not quite accurate to say construction will benefited from Qatar crisis. Will need to wait and see if it will escalate or cool down based on Qatar responses. Other company like Muhibbah Engineering also got Qatar job (in Jan).
Don't forget that Malaysia is indebted to Saudi, so may forced to align with Saudi eventually.

Still a lot of sellers at 12.5. Cannot move up if these sellers keep selling

Very bad QR. Don't know if can hold at RM1 but expect it to hold at 90 sen.

Don't know why people sell. Next week will be Ex-date (23 May) for dividend which is RM 1200 for 10000 AA shares. Will hold until Ex-date to get the dividend. Maybe after dividend, the price will drop??

@bibi1234, Perdana is suspended from trading. It is not PN17 company as Dayang took over last year. Dayang own 98% Perdana as of now. After Dayang giving it out as dividend, maybe Perdana share can resume trading. This likely to happen in 3rd quarter this year. Perdana share price likely to drop from current RM 1.54

Most likely 10:3 (10 Dayang get 3 Perdana)

Agreed with @lanjiolang, most likely the dividend distribution with 0.3 ratio (1000 Dayang get 300 Perdana). Essentially the dividend is 46 cents. However not sure if PERDANA worth RM1.54 as the trading is suspended. Maybe after trading resumption, Perdana share price will go down. Hopefully Dayang will fly to RM1.70-RM2.00.

Oil price cap at US$55 max will not helps O&G to recover in few years time. The Russia and Saudi may want higher price as they need the money. It seems that Saudi is planning (or foolishly thinking) war with Iran. Maybe to shock the oil market?

@offshore
No need to include warrants in share price calculation. It is free and act as bonus to subscribe RI. Lets say you have 10000 shares now. You will need to subscribe 28000 RI (RM8,400) to get 7000 warrants for free. Total shares then become 38000 (with adjusted price) + 7000 warrants. Then depend on warrant price, that's your bonus

@spaghetti932
Depends on share price. Now at 0.615, after RI will be around 0.383

This counter is bad for any investor. See below scenario:
In 2016: Bought 1,000,000 @ 0.01 = RM 10,000
Diluted by Private Placement 2.9 billion shares @ 0.01
In 2017: Share consolidation: 50,000
At 0.06 only left RM 3,000
In 2017 also, lots of RCN= Around 174 mil shares (diluted further)
Pity all those investors. This counter will drop further

It's complicated
https://klse.i3investor.com/blogs/bursastocktalk/122092.jsp

True. Directors know what is the deal. Hopefully it'll good deal. Still hoping it can reach 15 sen this week.

Don't know if contra players combined have 20mil shares to throw. My guess maybe institution (MB??). Or maybe just profit taking

Sigh.. Someone dumped at 13.0-13.5 sen today. Bad...

Based on last year report, buyback shares stand at 1,783,000. What can they do with these? Sell it back to market or give to employee as incentive or ??

Unbelievable. Can reach RM3.00?

JN88: Last year was 4 sen. Doubt it will increase to 8-10 sen. Anyway let's see if it can give that high.

Last week reported that AAC may sold (to Korea) around US$ 527.5 mil. Since AA need to pare down some debt, they probably allocate 30% for dividend (work out around US 150 mil). That is US$0.045 (RM0.20) per share. Plus another 5-6 sen AA dividend for this year (not yet announced). Just for thought.

How is C38 make money? With warrant price at RM0.125, mother share will cost RM3.09. The brokerage cost + GST will easily exceed the extra of RM0.01 per share profit (assuming at expiry the share around RM3.10). Unless you bet it will go up more than RM3.20 on 28 Apr 2017!!

This is European Warrants. You have to wait until 28 April to convert to mother share

Big trouble ahead....May drop back to 80 cents if below happen
http://www.cnbc.com/2017/03/23/oil-prices-into-the-30s-if-opec-cant-keep-it-together.html

@limch - I honestly do not know how to invest in Bursa. The reason why I bought XOX late last year mainly due to
1. They have Lee Chong Wei as ambassador
2. The price during that time 12.5 cents and I hope to double it by year 2018 (Only bought 100k shares @ RM12.5k). Its a gamble really.
As for trading know-how and financial numbers, I am still learning.

@limch - I'm not looking at QR. The losses is for accumulative year 2016 (4 QRs)
@billionaire88 - MB can cash out the shares as they like. The agreement stated
1. Cannot hold more than 10% of issued shares
2. Cannot undertake mandatory take over
3. Cannot breach foreign ownership limit (but can sell at anytime)

Look like MB is given chance to profit from this exercise (maybe at least RM2-2.5 mil)

XOX revised the private placement:
1. From 400 mil down to 250 mil
2. From 10 cents to 90% of the closing price.
First, they said it will raised RM40 mil for Voopee expansion plan but it seems they can only get around RM20++ mil.

Please note that last year right issues already raised RM40 mil and supposedly have extra after expenditure spending. Last year financial released shown losses of RM700k. Interesting to see if this year will be better or worst.

Why there is no announcement on the MB as substantial shareholders? They should be largest shareholder by now. Even if MB just pledged accounts for someone/institutions, they still require to announce right? Or they sell it off straight away (if that even possible?)

Agreed too. Not possible to move up the price as MB will not subscribethe remaining shares (120++ millions). They probably the seller now and get some profit. After that will let the price drop back to 9.5-10 cents and subsribe the remaining...

Wow! All 10.5 cents (including 6 cents warrant) gone from queue. Usually this happen at 10 cents. Furthermore latest share issuance of 10 mil only at 8.6 cents

I have similar perspective on O&G counters. However not that optimistic as the global financial market still weak and crude oil prices will stabilized at 55-60 dollar (become norm). O&G sector revenue will be more stable (after decreasing to due scarcity of jobs) and cost-saving by 30-50%. DAYANG may be worth to invest for long run (2-3 years). Target RM1.60 by year-end and above RM2 in 2-3 years as long as the crude oil market maintained at 55-60 dollar in this duration.

Genting does not has huge liabilities. Airasia liabilities seems to increase in last financial quarter to RM 6.61 billion from 4.45 billion previous quarter (see page 4 of report). How much total liabilities for year 2016 compared to 2015??

Another 10 million new shares issued @ 9.2 cents (3 March). Total to date = 81.9 million. Another 168.1 million to go.

Total new shares issued to MacQ bank to date = 71.9 million (from 28 Nov 2016 until 27 Feb 2017). So another 178.1 million more shares pending. The price issued between 9.2 - 10 cents. Maybe they will press down the price further to 9.0 - 9.5 cents so they can get cheaper price to subscribe. Positives for company as they get additional cash around 7 million ringgit but dilute the shares (bad for shareholder).