tj, itu smrt pun bole beli buat insuran. if u analyze tu org punya investment huh, sudah naik tak turun punya (i analyzed portfolio under him). usually turned from undervalued co to good growth stocks. This is what i am after.

tj, kita kena naik harga, naik harga.... remember world cup, world cup! 500%!!!! jangan bagi dia cheap cheap, naik harga, bagi dia roket!!!!

So many kambing! Meme meek meek!

Alamak tj, ya , little bro ca pun maciam lai liao....

Bursamaster, u saw d huge 8m road block at.125 someone try to exit or shark punya trick? After that well, it sure look ada sayap! Up up up! Heheheh!

Hueyyng27, u r talking about day trading I supposed. This stock can keep for value appreciation. 300% is not realized overnight ;) I'm talking investment.

Bursamaster, eh eh... Dun misunderstand...I've No reason 2 take offence.... Heheh.. Kita Semua kawan2 mah... Share2 good things ;)

I will definitely take note of this one and inari ;) thanks.

Bursamaster saw yr TP. ;)

BURSAMASTER
218 posts
Posted by BURSAMASTER > May 8, 2014 06:43 AM | Report Abuse

Friends just keep an eye on MQTECH...this is not a call to buy.
---
Morning BURSAMASTER! Not call to buy , call to hold huh? ( some more, wrong thread lah!) Kikikiki! Anyway, just a short one, What news? Another management shake out huh? I tot d present management is new blood. Any TP? Kambing tis week oso Kah?

http://www.thesundaily.my/news/1038589

New substantial shareholder emerges in SMRT
Posted on 7 May 2014 - 05:39am

PETALING JAYA: Brahmal Vasudevan, reportedly the right hand man of low-profile tycoon T. Ananda Krishnan, has emerged as a new substantial shareholder of human resource development (HRD) provider SMRT Holdings Bhd.

In a filing with Bursa Malaysia yesterday, SMRT said Brahmal on Monday (May 5) bought 1.74 million shares, bringing up his total direct shareholding in the company to 12.6 million shares or 6.62% stake.

SMRT told the stock exchange that this was on top of a 10.86 million shares or 5.71% stake he secured last Friday.

While there was talk in October 2013 that Brahmal had acquired a stake in Scicom (MSC) Bhd, his name has yet to emerge as a substantial shareholder in the company.

Brahmal, aged 46 who is the CEO of private equity fund Creador Sdn Bhd, indirectly owned by Ananda, reportedly acquired a 6.82% stake in leatherwear manufacturer Bonia Corp Bhd , through Milingtonia Ltd. Milingtonia is reportedly linked to Creador which was founded in 2011.

Brahmal has been a director at Ananda's Usaha Tegas Sdn Bhd since 2008. He has also had a stint in Astro before.

Meanwhile SMRT also announces plans to to undertake a private placement of up to 29.188 million new shares to raise up to RM8.81 million for the group's working capital requirements and repayment of bank borrowings.

SMRT's shares jumped 23.29% or 8.5 sen to close at 45 sen yesterday, with some 22.7 million shares changing hands.

From Business Times

07 May 2014| last updated at 11:55AM
SMRT share rises

KUALA LUMPUR: The emergence between savvy investor, Brahmal Vasudevan, with a 6.6 per cent stake in a human resource company, SMRT Holdings Bhd, yesterday has pushed up SMRT's share further in the morning session today.
As at 11.33am, the counter gained seven sen or 15.56 per cent to 52 sen, surpassing its 52 week-high of 47.5 sen, with 15.57 million shares changing hands, after opening at a premium of one sen at 46 sen.

SMRT’s shares were among the most actively traded on Bursa yesterday, rising 8.5 sen or 23.3 per cent to 45 sen on a volume of 22.7 million shares, while its
warrants increased nine sen to 38.5 sen on a volume of 19.9 million shares.

SMRT Holdings has a market capitalisation of RM85.6 million.

In the past, Brahmal’s emergence in a listed company has stirred excitement, as he is seen as an investor who looks for undervalued stocks.-- Bernama


Read more: SMRT share rises - Latest - New Straits Times http://www.nst.com.my/business/latest/smrt-share-rises-1.589713#ixzz312WhXSXF

This is what I wrote there - warrant 0.18x 300% ( based on previous track record) = 0.54
Just my opinion based on the article at theStar today.

4u2c, pls read my posting at its mother share thread See if u agree with my calculation...

On d contrary, because of PP, they will continue to goreng up , if it is just to impress potential institutional buyers. ;) No reason why the co prefer not to get more funds from investors by pressing d price down! Hehehe? logic or not? Remember, PP price is yet to be fixed. Price not fixed, I repeat! The higher the price, the more funds the co will get! ;)

My rough TP For:
- Mother is 0.33 x 300% = 0.99 ( not sure about d 0.33, or was it 0.1 ? Check if I read wrong - mother is cheaper than warrant!?)
- warrant 0.18x 300% ( based on previous track record) = 0.54




From Bursa's site:
IPO for mother:

PUBLIC ISSUE OF 30,000,000 NEW ORDINARY SHARES OF RM0.10 EACH IN SMR TECHNOLOGIES BERHAD ("SMRT") AT AN ISSUE PRICE OF RM0.33 PER ORDINARY SHARE COMPRISING:-

- 2,500,000 NEW ORDINARY SHARES OF RM0.10 EACH FOR APPLICATION BY THE ELIGIBLE DIRECTORS AND EMPLOYEES OF SMRT AND ITS SUBSIDIARY;

- 25,000,000 NEW ORDINARY SHARES OF RM0.10 EACH BY WAY OF PRIVATE PLACEMENT TO THE IDENTIFIED INVESTORS; AND

- 2,500,000 NEW ORDINARY SHARES OF RM0.10 EACH FOR APPLICATION BY THE PUBLIC

IN CONJUNCTION WITH ITS LISTING ON THE MESDAQ MARKET OF BURSA MALAYSIA SECURITIES BERHAD



Profile for Warrants

SMR TECHNOLOGIES BERHAD

Instrument Type Warrants
Description WARRANTS IN SMR TECHNOLOGIES BERHAD ("SMRT")("WARRANT(S)") ISSUED PURSUANT TO THE BONUS ISSUE OF WARRANTS ON THE BASIS OF ONE (1) WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.10 EACH IN SMRT (“SMRT SHARE(S)”) HELD AT 5.00 P.M. ON 1 AUGUST 2012
Listing Date 10/08/2012
Issue Date 02/08/2012
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 85,936,833
Maturity Date 01/08/2017
Revised Maturity Date
Exercise/ Conversion Period 5.00Year(s)
Revised Exercise/ Conversion Period
Exercise/Strike/Conversion Price MYR 0.1800
Revised Exercise/Strike/Conversion Price
Exercise/ Conversion Ratio 1 Warrant : 1 SMRT Share
Revised Exercise/ Conversion Ratio
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)

Remarks :
The Warrants are issued to the entitled shareholders of SMRT on the basis of one (1) free Warrant for every two (2) existing SMRT Shares held at 5.00 p.m. on 1 August 2012.

Each Warrant carries the entitlement to subscribe for one (1) new SMRT Share at the exercise price of RM0.18 and at any time during the exercise period, subject to the adjustments in accordance with the provisions of the deed poll dated 17 July 2012, constituting the Warrants. Any Warrants not exercised during the exercise period will thereafter lapse and cease to be valid for any purpose.

Announcement Info
Company Name SMR TECHNOLOGIES BERHAD (ACE Market)
Stock Name SMRTECH-WA
Date Announced 8 Aug 2012
Category Listing Information & Profile
Reference No OD-120806-60686

AikKk? What happen to my little bull? This morning I tot it's running fine.... Huhuhuhuh!

10% PP not for public lah...

Anyway, iris has over 2 BILLIONS shares. Mere 126 millions Versatile shares ( rumour has it, also not for the retail buyers. Big corporation always do married deal. ) won't be felt by market . Rough calculation: 126,000,000 / 2,000,000,000 = 0.063 only! A tiny drop in d ocean lah! At current volume, market can absorb within days without much impact ( that is IF thrown to market)!

Friends, when invest, must be happy. No need think three think four everyday... Nanti very cepat tua, heheh.... Just believe everything will be fine. Let the big boys sort things out. They should know what to do. Else, next AGM, we interrogate them gaw gaw! Ok?

Everyone taken dinner? I'm about to. Just got back. Very tired ohhh.... Catch u guys later!

hi guys, I found this old article on SoNa. Will surely come. Just a matter of time ;)

Bursa debutante Sona Petroleum expects QA proposals to grow
Wednesday, 31 July 2013 00:00 John Gilbert 0 Comments

EYEING FUTURE GR OWTH : (From left) Sona Petroleum Bhd MD and non-independant ED Datuk Seri Hadian Hashim, independent non-executive chairman Andreas Johannes Raymundus van Strijp and CFO Datuk Maznah Abdul Jalil at the press conference after the company’s listing ceremony in Kuala Lumpur. Sona Petroleum, a special-purpose acquisition company which made its debut on Bursa Malaysia yesterday, has received an estimated 12 qualifying acquisition proposals to date, and expects the numbers to grow in the next few months (Pic by Muhd Amin Naharul)

Sona Petroleum Bhd, a special- purpose acquisition company (SPAC) which made its debut on Bursa Malaysia yesterday, has received an estimated 12 qualifying acquisition (QA) proposals to date, and expects the numbers to grow in the next few months.

Its MD Datuk Seri Hadian Hashim said Sona Petroleum has started receiving proposals for potential QA from South- East Asia, the Middle East and several countries in Africa upon receiving news of the company’s listing.

“The oil and gas (O&G) industry is an optimistic industry and at this point we have set our focus on acquiring production assets and identified potential assets in South-East Asia, the Middle East and several countries in Africa and our region of interest.

“However, once we have identified potential assets, we will utilise 90% from the IPO (initial public offering) proceeds which we have set aside for the acquisition exercise,” Hadian said at the listing event in Kuala Lumpur yesterday.

SPACs in Malaysia have a permitted timeframe of 36 months from the date of listing to complete the QAs.

Sona Petroleum shares open at 41 sen, a 1.5 sen discount from its offer price of 42 sen while its warrants opened 16.5 sen higher at 24 sen from a reference price of 7.5 sen.

Focusing on Africa, Hadian said the country has 132 billion barrel oil reserve, which represents 8% of the global oil reserve and as for gas, Africa represents about 7% of the global oil reserve and plays an important part in the global energy market.

“We have identified 10 countries in Africa that have potential for acquisition that we are looking at,” he said.

Touching on Sona Petroleum shares, chairman Andreas Johannes Raymundus van Strijp said the shares have a good mix of local and international institutional investors.

“According to an independent market research report, demand for O&G over the past 30 years has seen a significant increase, and this trend is expected to continue with escalating population growth and industrialisation in emerging economies expected to contribute to a 36% growth in global total energy demand between 2011 and 2030.

“Additionally, exploration and production capital expenditure is projected to surpass the US$670 billion (RM2.17 trillion) mark in 2013 despite lower gas prices and the challenging macroeconomic situation in Europe and North America,” Van Strijp said when elaborating on the prospects of the O&G industry.

World Cup coming. ;) u make yr own decision, buy/not. Can also buy 2 average out if u r stuck at high bracket.

Tj, I no eye c now. Let d others play. Hope 4 good clsg today. Got to go! Catch u guys later!

Tj, too early 2 congrat me... My avg x this low! Huhuhuhuh!

Tj, Ca playing field oledi. Road blocks removed! Hihihi!

Told u guys, didn't i? Came today! Hihihi! Push! Push! Push!

Tj Very good 3.08 now!

Tj, yr karex oso easy piece of meat 2 go up! Push lah!

Suddenly ppl put road block, stop Liao. Aiyah!

Tj, karex ca coming ! 0.12 Liao..

Frens, u bet William Cheng will get wat he requested for or not? To Buy/ not to buy 9881?

Morning everyone!
Pls read my posts @ smrt . Still eah sai boh 2day, tj?

Business NewsHome > Business > Business News

Published: Wednesday May 7, 2014 MYT 12:00:00 AM
Updated: Wednesday May 7, 2014 MYT 7:36:22 AM

Brahmal emerges in SMRT, company ventures into education sector

BY TEE LIN SAY

Brahmal’s Creador fund has also bought a stake in Oldtown among other companies.

PETALING JAYA: Savvy investor Brahmal Vasudevan has emerged with a 6.62% stake, or 12.6 million shares, in human resources (HR) company SMRT Holdings Bhd, Bursa Malaysia filings showed.

SMRT Holdings’ shares were among the most actively traded on Bursa yesterday, rising 8.5 sen or 23.29% to 45 sen on a volume of 22.72 million shares. It also recorded its 52-week high of 47.5 sen. Meanwhile, its warrants increased nine sen to 38.5 sen on a volume of 19.88 million shares.

SMRT Holdings has a market capitalisation of RM85.6mil.

In the past, Brahmal’s emergence in a listed company has stirred excitement, as he is seen as an investor who looks for undervalued stocks.

Brahmal, who also runs private equity firm Creador, had previously taken a personal stake in MyEG Services Bhd, from which he had gained a 300% return within one year of investing.

His Creador fund has also taken stakes in Oldtown Bhd and Bonia Corp Bhd. Other companies associated with investments by Brahmal and Creador are Scicom MSC Bhd and GHL Systems Bhd. The shares of all these companies had appreciated post their entry.

When contacted, SMRT Holdings’ chief executive officer Datuk R. Palan said the market was finally rewarding his company for its venture into the education sector.

“We have always been undervalued, especially among the education companies. Even with this run-up, our stock is still trading at a price earnings ratio of 10 times of 2013 earnings,” he said.

For the financial year ended Dec 31, 2013, SMRT Holdings recorded a net profit of RM8.22mil from RM8.51mil previously. Revenue dropped to RM52.4mil from RM61.45mil in the previous corresponding period.

Since 2012, SMRT Holdings has deliberately changed its business model to become a workforce education provider rather than being a pure HR solutions provider.

This change has been reflected in the contracts it has won in the last few years.

SMRT Holdings won its first major education contract in September 2010 when it secured a RM90mil job from the Education Ministry for an English language teaching (ELT) project over three years.

In December last year, SMRT Holdings was granted an extension of contract by the Education Ministry for an ELT programme in primary schools for RM60mil.

The extension constitutes the recruitment and management of up to 120 ELT consultants to implement In-Service Teachers Training for English Language Teachers for a period of two years from Oct 1, 2013 to Sept 30, 2015.

This year, SMRT Holdings finalised the acquisition of a 70% stake in Cyberjaya University College of Medical Sciences for RM27.5mil. While it had been making losses in 2011 and 2012, it turned around last year, and Palan expected a better performance this year.

Palan said that SMRT Holdings would grow the new business by leveraging on its existing network to attract students from the Middle East.

Yesterday, SMRT Holdings announced that it was undertaking a 10% private placement consisting of 29.19 million new shares. It would raise either RM5.8mil or RM8.8mil, depending on a minimum or maximum scenario.

Out of this, between RM3.11mil and RM3.66mil will be used for working capital, while between RM2.46mil and RM4.92mil to repay bank borrowings.

The placement shares will not be priced at more than a 10% discount to the five-day volume-weighted average market price of SMRT Holdings’ shares before the price-fixing date.

Published: Wednesday May 7, 2014 MYT 12:00:00 AM
Updated: Wednesday May 7, 2014 MYT 6:36:12 AM

Bleeding Megasteel asks for protection

BY JAGDEV SINGH SIDHU

Interview with Tan Sri William Cheng. - SAMUEL ONG / THE STAR

KUALA LUMPUR: Loss-making Lion Corp Bhd’s main subsidiary, Megasteel Sdn Bhd, has petitioned the Government yet again for import duty protection and thinks it may need to wind down operations if it doesn’t get it.

Having asked the Government for a 30% import duty protection recently, Lion Group executive chairman Tan Sri William Cheng (pic) said Megasteel had been loss-making for much of the past decade, as it was unable to compete with cheap imports flooding the market.

“If imports were cut to 2.5 million tonnes a year, then we can turn around in three months,” he told the media at a luncheon yesterday.

“All we need is the Government to put a stop to dumping. If there is no protection, then I will no longer invest a single sen.”

Cheng said Megasteel had been running at about 25% capacity because much of the demand for steel products was being met by cheaper imports.

With demand estimated at between nine and 10 million tonnes, he claimed that 6.5 million tonnes of that was being satisfied via cheaper imported steel, with local steel players supplying only three million tonnes.

He felt imports should cater to about 2.5 million tonnes of the steel demand for the industry to operate at utilisation rates that will allow companies to make a profit.

“Most of us steel companies are now running at capacity utilisation rates of between 20% and 40%,” he said.

Cheng said the current situation could not go on for much longer, as nearly all the steel players were losing money.

As losses mount, he said their loans of RM12.8bil to banks in the country could be at risk. Megasteel owed banks about RM600mil, said Cheng.

He said other steel makers based on product types had also in recent times approached the International Trade and Industry Ministry for import duty protection.

“I know the ministry is sympathetic, but they must take action,” said Cheng.

Lion Corp, also classified as a PN17 company, is working towards its regularisation plan. In the past, it had offered shares to creditors as payment for loans and had even sold profitable companies in other businesses to support its steel-making business.

“We have been disappointed over the last few years, as we sold profitable companies to help our steel business,” he said.

If the Government does not agree to raise import tariffs, then Cheng will contemplate moving operations to Indonesia, where he claims Megasteel will get the equivalent of pioneer status and enjoy higher import duty protection.

Should the Government agree to Megasteel’s request, however, Cheng said he would then start investing in the steel mill.

He said he would invest RM4bil to upgrade the plant in two steps over two years.

Uh huh..... :(

I think a co must hold AGM 12-18 mths fr date of incorporation. So, go check incorporation date to get to d AGM date.

Lucas, when someone starts to cut n paste promo. AD like u did in EVERY thread, I am wary. SMRT has risen alot yesterday. Have no international to touch it or 0049. If there is a sale, I'll collect iris, instead. ;)

What if US closed red? :(

Iris is More than just a commercial entity. Iris is into humanitarian programme, eradicating poverty.
http://www.kotocorp.com

This is old news which I googled n found. From d horse's mouth. Not just khabar angin.

Iris ready for Main Market listing
Posted on 1 October 2013 - 05:39am
Liew Jia Teng
sunbiz@thesundaily.com
Print
KUALA LUMPUR (Oct 1, 2013): Iris Corp Bhd is now ready for an upgrade to the Main Market of Bursa Malaysia from the ACE Market following the entry of Federal Land Development Authority (Felda) as a substantial shareholder with a 20% stake in the e-passport supplier, said Iris managing director Datuk Tan Say Jim.

"Previously, my (Iris) board members and I believed that if the group's revenue did not reach a certain size, we would rather be a big company in the ACE Market rather than a small company in the Main Market," he told reporters after the group's EGM here yesterday.

"However, I think we should consider (transferring to the Main Market) now," he said, adding that his softening stance was also due to the entry of Felda.

"We have to be mindful. When a new shareholder comes in, we have to explore (opportunities) and be open to possibilities," he added.

Iris recently placed out 394.09 million new shares to Felda for RM110.3 million or 28 sen each, giving the authority a 25% stake in the group. Following yesterday's shareholder approval for the private placement, Felda now owns 20% of Iris' enlarged share capital.

"Our track record has shown that Iris is qualified to get transferred to the Main Market," said Tan. However, no timeline has been set for this move.

Meanwhile, Tan said out of the RM110.3 million, RM25 million will be used for capital expenditure within a year.

The group intends to spend RM15 million for the acquisition of a piece of land to construct a new factory for its Iris Koto industrialised building system (IBS) division at Technology Park Malaysia, Selangor.

The group's current factory in Kampung Melayu Subang is a rented premises, and its capacity of building 1,000 IBS houses a year is not adequate to meet Felda's demands.

"We will buy the land within two months, and the new factory will be completed within a year from then. We will be able to increase our capacity to build up to 5,000 single-storey houses a year (with the new factory)," he said.

It was reported that Felda is looking to build 20,000 IBS houses over the next five years.

"We don't expect them (Felda) to give us all (projects), which is not right, but we are quite confident that they'll give us some, because Iris is one of their associate companies," said Tan.

He added that while Felda's shareholding allows for the authority to nominate two directors to the board of the company, his management team will remain unchanged.

"The strategic direction of Iris will continue as what we have been doing over the past few years," he said.

Going forward, Iris plans to build IBS houses in oversea markets, and is now exploring opportunities in countries within the region of the Pacific Islands.

"We are currently negotiating with some property developers in Papua New Guinea and Solomons Island, hoping to supply our Iris Koto's IBS to them," said Tan.

He said these countries face a shortage of building materials and the cost of shipping these materials are expensive, making the IBS system a more viable one for them.

"We are not stopping there, I want to go South Africa and other parts of Asean too, as long as they need us to build houses quickly," he added.

Related articles
Felda entry a major boost for Iris
Iris, Felda to develop modern agro villages
Iris still keen on Stamford College
Felda home development plan in Kuala Lumpur at final stage
Iris takes stake in Palau resort development

Watch:
IRIS KOTO Building System - House Built in 7 Days.
http://m.youtube.com/watch?v=QhMAbqyZ8rw

Gud nite!

Splendid, ya. But quite high oledi... No,point chase, unless will go on n on... Itu Dbhd, I bot @ 0.5, sold @1. Dun believe can go tat high... Regret big time! Huhuhuhuh!

Tj, Wat's 9696?

Tj,
Need yr advice.
Leweko n inari n K1 u tengok maciam mana? Sui Bo?

Tj, u disposed ca oledi? Apa itu hi lux?

Tj, khabar angin tiup karex Akan goreng tis mth..... Kikiki....

Choo, true, true, true!

Tj, u ada dengar itu karex kambing soon or not? Shortage everywhere woh... Pasti Tak cukup masa WC!

Ya, I may do tat oso. No eye c until WC over! But WC starts only mid jun leh...

Acdc, look @ previous round - hurdle not tat high oso fall easily. This round enuf bullets 2 push or not? No 1 likes 2 participate in losing war...

Choo, u plan 2 buy more?

Tj, ya, I know wat u mean.... :(

Ok Acdc, when it will run? May/ June/ July? I must time my investments.