http://www.freemalaysiatoday.com/category/nation/2014/04/30/taib-linked-to-money-laundering-in-canada/

Bond buying reduction means stock market will be up! ;)

http://www.thestar.com.my/Business/Business-News/2014/05/01/Fed-Shows-Faith-In-US-Economy-With-Bond-Buying-Reduction/

OTHERS China Stationery Limited ("CSL" or the "Company") - Delay in release of Audited Financial Statements for the financial year ended 31 December 2013 pursuant to Paragraph 9.23(2) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad

CHINA STATIONERY LIMITED

Type Announcement
Subject OTHERS
Description China Stationery Limited ("CSL" or the "Company")
- Delay in release of Audited Financial Statements for the financial year ended 31 December 2013 pursuant to Paragraph 9.23(2) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad

Reference is made to our announcements made on 17 April 2014 and 25 April 2014 on the delay in release of the Audited Financial Statements for the financial year ended 31 December 2013.
The Board of Directors of CSL wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has via its letter dated 30 April 2014, resolved to grant CSL an extension of time of:
(i) two (2) months from 1 May 2014 until 30 June 2014 ("Extended Deadline") to announce its Audited Financial Statements for the financial year ended 31 December 2013 ("AFS"), which is due on 30 April 2014; and
(ii) two (2) months from 1 June 2014 until 31 July 2014 ("Extended Deadline") to announce the first quarterly report for the financial period ended 31 March 2014 ("1st quarterly report"), which is due on 31 May 2014.
subject to the condition that CSL be required to announce the monthly updates on the progress of the police investigation report and the steps taken or proposed to be taken to issue the outstanding AFS and 1st quarterly report before the Extended Deadline pursuant to paragraph 9.28(4)(b) of the Main Market Listing Requirements of Bursa Securities.
Hence, the suspension of trading mentioned in the aforesaid announcement dated 25 April 2014 is no longer applicable.
In view of the Extended Deadline up to 30 June 2014 granted by Bursa Securities, CSL is expecting to issue and submit its AFS within the Extended Deadline for release to Bursa Securities.
Pursuant to Paragraph 9.28(5) of the Main Market Listing Requirements of Bursa Securities, if CSL fails to issue the AFS within 5 market days from the expiry of the Extended Deadline (the last day of this 5 market days shall hereinafter be referred to as "the Suspension Deadline"), in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend trading in the securities of CSL.
The suspension shall be effected on the market day following the expiry of the Suspension Deadline and shall be uplifted on the market day following the issuance of the AFS unless otherwise determined by Bursa Securities. As such, the suspension will be effected on 8 July 2014.
Pursuant to Paragraph 9.28(6) of the Main Market Listing Requirements of Bursa Securities, if CSL fails to issue the AFS within 6 months from the expiry of the Extended Deadline, in addition to any enforcement action that Bursa Securities may take, de-listing procedures shall be commenced against CSL.
This announcement is dated 30 April 2014.

ImCK kk123 joker are you okay?
need some pill ? haha
01/05/2014 17:24
----
Kk123 needs electric shock lah. Pill not kuat enough. Spin stories so well, Maybe can do better writing fiction or something. Sure will fare better than punting at klse. Heheheh...

Yes, Within 12 months.

1st, Let us find out if V's directors/shareholders will be taking up the shares for themselves. 2nd, will Felda take these up or 3rd, would IRIS buy back these shares from V. May not benefit us retail investors ( at a discount if u read elsewhere...)

Anyway, just my opinion. Interprete any other way u see fit. Yr $ yr decision.

Always good to rationally discuss stocks we hold.. :)

star7
128 posts
Posted by star7 > May 1, 2014 04:09 PM | Report Abuse

I m waiting 4 cheap sale
---
Quite obviously u r. Hihihi... If it is cheap but no good, cheap oso u dun want right? Hehehe!

Hang around ;) Who knows, u may get lucky getting a panicky seller's shares.

Ppsshhh, soon we will be 1 kampung. So, dun condemn too kuat first. Nanti, u no face to show up here. Heheh...

I'm referring to this bid? Results out yet?
http://www.theedgemalaysia.com/first/271944-sources-mpay-iris-among-4-firms-bid-to-manage-tourist-refund-scheme.html

Gst still on. Iris among those who bid 4 trs / gst .
http://www.thestar.com.my/News/Nation/2014/05/01/najib-razak-gst-secure-future/
Any news yet?

Market won't slump. Foreign funds went on buying spree, bila ikan bilis throw yesterday. http://www.thestar.com.my/Business/Business-News/2014/05/01/SE-Asia-Stocks-All-Up--Malaysia-Hits-4Month-High/

0007, I've invested enough. Now just sit back n wait for World Cup. Hihihi!

Any good stock to recommend? Won't lose $ 1? ;)

kk123
400 posts
Posted by kk123 > May 1, 2014 02:43 PM | Report Abuse

When it limit down then perhaps u will thank me for not having this Shinking boat of con man shares
---
If d intention is there to sink d boat, even bursa won't give blessings to it, agree or not. I know what u r getting at. I read latest news oso. Hehehe!

And, if d intention is really there, there won't be enough time 4 ikan bilis to run oso. No point give tsunami warning here. However, why would d BOD agree to such a plot? sink their own ship when they r doing well?

Sit in a quiet corner n really think, ok? Dun le speculate bukan2... Not healthy .... ;)

When it's time to jump, give me a whistle! ;)

star7
127 posts
Posted by star7 > May 1, 2014 03:00 PM | Report Abuse

Better be careful anything can happen , it come very fast as long they is a profit take it
---
No need to advise punters. That's what they will do with every counter. Hit n run.

Investors are a different breed altogether. No need to advise the tai kor s lah! Hehehe!

Thank u 4 dropping by. Have a nice day! And Bye? :)

0007, lucky u r not d boss. If u r, I may vote u out for attempt murder. Kikiki kikiki.

Dun le, paint black2 scenarios. What about pros? I'm sure there is something good for PMB to dish out so much $$$$ for it. Just that not reveal to the public yet.

Give it sometime. Very huge volume. Still look good to me. Esp. Mid / long term. IMHO.

kk123
397 posts
Posted by kk123 > May 1, 2014 01:19 PM | Report Abuse

IRIS will limit down soon like rest of the penny shares iris has over goreng
Somebody looking to throw 6% of this share all of sudden it may limit down
Beware of this con share
---
Kk123, I read some of yr posts. Seems like U Do Not have a good word for any counter. No faith in klse, why waste yr time here?. No shame keeping $ in FD. :)

Btw, if listed co directors managing international biz act n think like u, they surely won't be in positions of authority n wealth. :) Just Think about it. No need to post yr personal nightmares here. Peace.

NurHazwani Abd Shukor
1 post
Posted by NurHazwani Abd Shukor > May 1, 2014 12:37 PM | Report Abuse

i have average down at buy 0.380 after avarage down rm0.34.my broker told me tu cut loss but if cut loss i will lost alot because after avarange down to unit become more.what can i do now wait or just cut loss...
---
Warrant got so high meh ? I think u r in d wrong counter. Go to mother share, not this thread.

Anyway, if u ask me, if u dun play contra, long term investor - can hold le... Will regain quite fast (relative to other stocks . depends on market oso, not overnight, ok!)
At d end of d day, your $, u decide. Good luck!

I like this counter too.... But not time to top up yet. Will pull down my very low average costs ....

One moment 60 sen, one moment 3.5 sen! Talk nonsense ... Anyway, doesn't matter what retail punters say. The market force is bigger.

Good co with bright future we must support! :)

Happy labour day, all my friends! :)

@stock operator. These 3 terms always pop up in shareholders list- disposed, acquired n transacted. Is transacted n transferred d same?

http://www.theedgemalaysia.com/in-the-edge-financial-daily-today/287287-airasia-x-inks-us15b-deal-no-plan-for-us-flights-yet-fd.html

http://www.theedgemalaysia.com/in-the-edge-financial-daily-today/287285-csl-to-be-suspended-on-may-9-if-it-fails-to-submit-afs-fd.html

Published: Wednesday April 30, 2014 MYT 11:01:00 AM
Updated: Wednesday April 30, 2014 MYT 11:03:44 AM
Public Bank slips as RM5b right issue dilutes ROE

KUALA LUMPUR: Public Bank’s shares fell on Wednesday as analysts expect its proposed rights issue to RM5bil would dilute the returns on equity (ROE).

At 10.49am, it was down 14 sen to RM20.02. Turnover was 1.70 million shares done.

The FBM KLCI rose 5.29 points to 1,864.63. Turnover was 4.99 billion shares valued at RM4.28bil. There were 297 gainers and 245 losers.

On Tuesday, Public Bank proposed the rights issue at a discount of 20% to 35% to its theoretical ex-rights price to raise up to RM5bil.

“We estimate 7% dilution to FY15 EPS and a lower FY15 ROAE of 17.7% from 19.1%. Positively, Common Equity Tier 1 enhances to 10.4%.

“Sell maintained, particularly with this dilution to ROE. Target price of RM18 pegged to an unchanged FY14 price-to-book value of 2.7 times,” Maybank Research said.

Business NewsHome > Business > Business News

Published: Wednesday April 30, 2014 MYT 3:49:00 PM
Updated: Wednesday April 30, 2014 MYT 3:53:23 PM
DiGi hits record high on positive views

KUALA LUMPUR: Shares of DiGi.Com Bhd hit a record high of RM5.52 at mid-afternoon on Wednesday after CIMB Research said DiGi reported good growth in service revenue of 5% on-year in its first quarter.

At 3.24pm, its shares rose 12 sen to RM5.51 with some 6.66 million shares done between the prices of RM5.39 and RM5.52.

The FBM KLCI was up 5.14 points to 1,864.48. Turnover was 1.01 billion shares valued at RM1.25bil. There were 327 gainers, 389 decliners and 311 counters unchanged.

CIMB Research said in a note on Wednesday that it believes DiGi will continue to gain market share.

“All in all we think DiGi should be able to deliver revenue growth of 6% driven by its expanding 3G network coverage and distribution network.

“This will help it continue to gain revenue market share and we estimate it will build ebitda margin from 45.5% in FY13 to over 46% over the next two years,” it said.

Business NewsHome > Business > Business News

Published: Wednesday April 30, 2014 MYT 12:00:00 AM
Updated: Wednesday April 30, 2014 MYT 6:52:00 AM
30 million PDZ shares traded off-market

PETALING JAYA: About 30 million PDZ Holdings Bhd shares were traded off-market in two separate blocks.

Stock market data yesterday showed the first block of 27.8 million shares was traded just before midday at 18.5 sen each while the smaller block of two million shares was traded about 4pm at 15.5 sen each.

PDZ, which provides container shipping and related services, fell half a sen to 15 sen. It was one of the most active counters with 70.8 million shares done.

Last week, PDZ announced that Pelaburan Mara Bhd had bought 233.248 million shares, confirming a StarBiz report.

It said Pelaburan Mara had acquired the shares, comprising a 26.83% stake, from off-market transactions and also the open market.

Earlier, StarBiz reported that Pelaburan Mara and the owners of Efogen Sdn Bhd, an oil and gas company, were the likely buyers of a 27% block of shares in PDZ.

The report, quoting banking sources, said that the seller of the shares was PDZ’s major shareholder, Robert Tan Hua Choon, and parties linked to him, in line with speculation that Tan was looking to exit the shipping company.

Business NewsHome > Business > Business News

Published: Wednesday April 30, 2014 MYT 12:00:00 AM
Updated: Wednesday April 30, 2014 MYT 7:50:04 AM
Shocks continue as Malaysian penny stocks sold down

BY YVONNE TAN

At the close of the market, the FTSE Bursa Malaysia Small Cap Index shed over 200 points to close at 17,390. The drop in the small-cap index reflected the poor sentiment across the broader market where some 728 counters finished the day in the red while only 192 ended the day higher. There were 256 stocks that remained unchanged.

PETALING JAYA: A day after four small capitalised stocks hit limit down, the shocks reverberated across Bursa Malaysia as penny stocks saw a major sell-down yesterday.

At the close of the market, the FTSE Bursa Malaysia Small Cap Index shed over 200 points to close at 17,390.

The drop in the small-cap index reflected the poor sentiment across the broader market where some 728 counters finished the day in the red while only 192 ended the day higher. There were 256 stocks that remained unchanged.

Among the small-cap stocks which fell the most were Stone Master Corp Bhd plunging 41.23% to 33.5 sen, Tiger Synergy Bhd which was down 10% to 14 sen and Wong Engineering Corp Bhd which finished 14.53% lower to 73.5 sen.

On Monday, four penny stocks, namely Visdynamics Holdings Bhd, MNC Wireless Bhd, Solution Engineering Holdings Bhd and Industronics Bhd, hit limit down almost simultaneously in the afternoon session, drawing queries from Bursa Malaysia.

According to a dealer, the four companies each had a block of shares that had been rolled over a few times.

“The was no real money coming in to pick up the blocks. The bubble finally burst after one stockbroking house out of several, stopped the line of credit,” said the dealer.

At the close yesterday, Visdynamics and Industronics remained in the red finishing 41.49% and 15.58% lower respectively while MNC and Solution Engineering recovered some earlier losses, ending the day 16.67% and 7.69% higher respectively.

Industronics in its reply to Bursa Malaysia on its unusual market activity (UMA) said it was currently exploring a proposal which involved an internal reorganisation of the group while MNC said it was not aware of any explanation for its UMA.

As far as links between the firms go, Solution Engineering is 10.8% owned by Industronics, an electronics company which has Danish national Christian Kwok-Leun Yau Heilesen as its chairman.

Interestingly, Kwok is being bandied around as being the common person involved in all four stocks.

The 30-year-old Kwok, however, said he had divested all his investments in Malaysia several months ago.

“I have not been to Malaysia for several months now ... I sold all my investments several months ago to investors from Macau,” Kwok told StarBiz when contacted.

Kwok, together with Raymond Yip Wai Man, used to own about 15% in DVM Technology Bhd and he also held a stake in Industronics, which he has since divested.

He is no stranger to market controversy.

In 2011, Kwok, who is based in Hong Kong together with Yip, bought into DVM after which they requisitioned an EGM to remove several directors from the company.

The boardroom tussle never happened. Instead Kwok and Yip sold out of DVM.

Not long after that, DVM’s share price plunged to 13.5 sen after reaching 25 sen earlier, its highest in five years.

This current fall in the shares of small-caps is fast stoking concerns among traders, suggesting to them that the party could be over.

Despite the fall in certain small-caps in the past two days, the FTSE Bursa Malaysia Small Cap Index is up 10% year-to-date.

It has gone up significantly compared with the benchmark FTSE Bursa Malaysia KL Composite Index which is up 0.4% since the start of January.

Some analysts feel that there remains some upside for the lower-liners as bigger-caps and blue-chips are still expensive and offer comparably less returns to investors.

FatFLOM
47 posts
Posted by FatFLOM > Apr 30, 2014 10:52 AM | Report Abuse

The wheels of history keep repeating itself. After Tan KS, come Repco L, Kenneth V, and now CHL, CBL, and the list goes on ...
---
@FatFLOM , can u give out the full names. I want to read more about these people. Thanks in advance. ;)

Well, saw bullbear777 buat kacau @mpay n kena chased out! Hehehe! 1star is pessimistic about everything.... Scare boat front got pirate, boat back got ghost.... Kikikiki...!

What about other banks? R they withdrawing support too? How many big international banks exist in Sarawak, anyone knows?

prc4wifefe
1621 posts
Posted by prc4wifefe > Apr 30, 2014 01:08 PM | Report Abuse

@cweed gua punya xtal ball say SONA is Oct/Nov this year...
----
@prc4wifefe Huh? So long? :(. Thanks for d forecast though.

No loss. No DV either. Neutral. Next, must check if got project OR d boss has real intention to pump up d price.

Heavily promoted in another forum.

Thanks derrickinvestor. Means good news for the stock market?

;)

zzzzzzzzz

No volume lehhh...zzzzzzz

0007
520 posts
Posted by 0007 > Apr 30, 2014 04:23 PM | Report Abuse

Din , I buy 0.115 sell 0.17 , but from 0.115
Claim to 0.17 use more than 3 weeks time
, take too long time , our of my expectation.
----
My fren, u r here! Buy @ 11.5, sell @ 17 earn wat! Wat do u mean lose money?

Come May ( tomorrow!), market will slow down...my stocks have already gone Zzzzzzzzz... Hehehe! No over night profit one leh. Not realistic to even expect that,,,

Anyway, will watch how this counter perform before deciding what yo do next,,,..

gadis melayu tu your gf ? or stock's name or what? kikikikkk!

tj, hello, ada huat? :)

Really worth buying! Q - ing to top up now!!! hehehe!

Hi people! Breaking news, breaking news!!!!
IRIS Target Price : 0.675 according to TA Securities today 30/4/2014!!!!!!!
Buy, buy, buy!!!!



IRIS Corporation Berhad

TP: RM0.675 (+46.7%)
Waste Treatment Equipment Manufacturing Last traded: RM0.46

THIS REPORT IS STRICTLY FOR INTERNAL CIRCULATION ONLY* UNDER REVIEW
Paul Yap Tel: +603-2167 9603 paulyap@ta.com.my www.taonline.com.my

Supply of Waste Treatment Technology and Equipment
IRIS Corporation Berhad (ICB) announced that its wholly-owned subsidiary
Regal Energy Limited has entered into a project agreement for the supply of
water treatment technology and equipment. Regal Energy will team up with
Xi’an Dezhao Environmental Protection Technology Co. Ltd (Dezhao) and its
subsidiary Weinian Iris-Envirowerkz-Zhouji Renewable Resources Co. Ltd (IRIS
JVCO). Total investment cost for the project will be RMB50.0mn (RM26.1mn),
funded via internally generated funds and bank borrowings.

Salient terms of the agreement include:
1) Setting up of the following facilities by IRIS JVCO:
a. Waste treatment equipment manufacturing centre
b. Renewable energy scientific research, development and training
centre
c. Additives/Enzyme manufacturing centre for waste
treatment/renewable technology/products
2) Regal Energy to provide financing through investment platform built by
IRIS JVCO with a total investment of RMB50.0mn (RM26.1mn).
3) Regal Energy shall provide a shareholder loan of approximately
RMB15.0mn (RM7.8mn) to IRIS JVCO. An aggregate amount of RMB9.5mn
(RM5.0mn) has already been provided, with the balance to be secured from
relevant financial institutions.
4) Dezhao will be responsible to secure at least 20 waste treatment
equipment sales contract in favour of IRIS JVCO before 31st May 2014.
5) Dezhao to obtain all licenses, approvals and permits for manufacturing and
sale of waste treatment equipment as part of the IRIS JVCO’s business.
6) A 5% sales commission will be paid to any party securing the sales contract
to IRIS JVCO.

The supply of waste treatment technology and equipment will be modeled on
the current waste to fertilizer plant in Weinan, China. Construction time for the
plant is estimated at between 6 and 12 months. Upon completion, the plant will
have the capacity to build at least 20 sets of equipment per annum. As a
ballpark estimate, each set of equipment is expected to fetch a selling price of
RMB45.0mn (RM23.4mn), yielding gross margins of approximately 20%.

Changes to Earnings Estimates
We make no changes to our estimates for the moment, pending a further review
on the company.

prc4wifefe cliq and sona hire independent consultants to evaluate an O&G asset for QA...so most likely both will take same time duration for due diligence...
hence I expect cliq to announce earlier coz they listed 4 months earlier than SONA
30/04/2014 12:17
---
roughly, when can we expect to hear good news about SONA? :)

Today very quiet. Most counters trade cautiously. All my counters not moving!!! hahahehehe! Good oso lah... protect my investments from going down the drain.

Choo, u got buy?

:(

Iris penetrating China market! Huat, huat hurray!


TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS PROJECT AGREEMENT ENTERED ON 28TH APRIL 2014 AMONGST REGAL ENERGY LIMITED (“REL”), XI AN DEZHAO ENVIRONMENT PROTECTION TECHNOLOGY CO. LTD AND WEINAN IRIS-ENVIROWERKZ-ZHOUJI RENEWABLE RESOURCES CO., LTD FOR THE SUPPLY OF WASTE TREATMENT TECHNOLOGY AND EQUIPMENTS SIMILAR TO THE WEINAN PLANT IN PEOPLE'S REPUBLIC OF CHINA FOR A TOTAL INVESTMENT COSTS OF RMB50,000,000 (EQUIVALENT TO RM26,090,000)

IRIS CORPORATION BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description PROJECT AGREEMENT ENTERED ON 28TH APRIL 2014 AMONGST REGAL ENERGY LIMITED (“REL”), XI AN DEZHAO ENVIRONMENT PROTECTION TECHNOLOGY CO. LTD AND WEINAN IRIS-ENVIROWERKZ-ZHOUJI RENEWABLE RESOURCES CO., LTD FOR THE SUPPLY OF WASTE TREATMENT TECHNOLOGY AND EQUIPMENTS SIMILAR TO THE WEINAN PLANT IN PEOPLE'S REPUBLIC OF CHINA FOR A TOTAL INVESTMENT COSTS OF RMB50,000,000 (EQUIVALENT TO RM26,090,000)


PROJECT AGREEMENT ENTERED ON 28TH APRIL 2014 AMONGST REGAL ENERGY LIMITED (“REL”), XI AN DEZHAO ENVIRONMENT PROTECTION TECHNOLOGY CO. LTD AND WEINAN IRIS-ENVIROWERKZ-ZHOUJI RENEWABLE RESOURCES CO., LTD FOR THE SUPPLY OF WASTE TREATMENT TECHNOLOGY AND EQUIPMENTS SIMILAR TO THE WEINAN PLANT IN PEOPLE’S REPUBLIC OF CHINA FOR A TOTAL INVESTMENT COSTS OF RMB50,000,000 (EQUIVALENT TO RM26,090,000)


1. INTRODUCTION

The Board of Directors of IRIS Corporation Berhad (“the Company”/ "ICB")) is pleased to announce that its wholly owned subsidiary Regal Energy Limited (“REL”) has on 28th April, 2014 entered into a Project Agreement (“Agreement”) with Xi’ an Dezhao Environmental Protection Technology Co. Ltd (“Dezhao”) and its subsidiary Weinan Iris-Envirowerkz-Zhouji Renewable Resources Co., Ltd (“IRIS JVCO”) for the supply of waste treatment technology and equipment presently utilized in the Weinan Plant to foreign markets (hereinafter referred to as the “Project”). REL and Dezhao agree to jointly promote and market the said technology and sale of the equipment under the Project. The total investment cost shall be Renminbi Fifty Million, RMB50,000,000 (equivalent to RM26,090,000).


2. SALIENT TERMS
(I) The Parties herein agree to enter into the Agreement to implement the Project which consists of IRIS-JVCO:-

Setting up of a Waste Treatment Equipment Manufacturing Centre / Factory(ies);

Setting up of a renewable energy Scientific Research, Development and Training Centre;

Setting up of Additives/ Enzyme Manufacturing Centre /Factory(ies) for Waste Treatment/ Renewable Technology/ Products.

(II) The Parties agree that REL will use its best endeavours to provide financing through the investment platform built by IRIS-JVCO and the total investment for the Project shall be RMB50Million.


(III) REL shall use its best endeavour to provide shareholder loan of approximately Renminbi Fifteen Million, RMB15,000,000 (equivalent to RM7,827,000) to the IRIS-JVCO. REL has already provided an aggregate amount of RMB9,500,000 (equivalent to RM4,957,100), REL and the IRIS-JVCO shall endeavour to secure the balance of the investment amount from relevant financial institutions and Dezhao shall provide cooperation and coordination for any such fund raising exercise undertaken.

(IV) Dezhao shall be responsible to use the Weinan Plant as a sample to market the Project and secure at least 20 waste treatment equipment sales contracts in favour of IRIS-JVCO before 31st May, 2014.

(V) Dezhao shall obtain all licences, approvals and permits for manufacturing and sale of waste treatment equipment as part of the IRIS-JVCO’s business.

(VI) A 5% Sales Commission will be paid to any party securing the sales contract to IRIS-JVCO.


etc etc too long, feel free to read more at bursa annoucement site.

tj & friends,pls dun touch csl, csl-wa My remisier tells me something is terrible fishy there...

tj, look at karex, quite easy to make it go up! This move, ca moves!;)