Only way it is going to be limit up is for EKOVEST name to be mention in any statement. Apart from that it is all hype & dangerous to follow the herd!!

"China Daily has learned that the long-awaited plan of Bandar Malaysia will be officially awarded to EKOVEST, a real estate tycoon in China." It's got to be a translation error. Dangerous statement for a media company.

Exactly, if it's over $1.00 I will be off loading the lot in one hit.

Ekovest was never in the equation. It's I3 forum that keeps implying Ekovest is involved.

Dangerous assumption !!!

Someone is desperate to get out. Well it has been 9 mths +, 6 mths longer than Greatec.

Best thing is wait for tomorrow. Don't jump the gun & regret later. Might lose or win less, just by monitoring the reaction tomorrow before making a decision.

It will run like a HSR train if they mention Ekovest tomorrow. Apart from that it will be a slow crawl

Careful, we are all assuming that because they are sister coys, Ekovest is going to be involved in BM. Don't forget BOTAK say Ekovest is not involved.

Should be cheaper after lunch !!

Train has run out of steam. Endless supply of sellers for every 0.005 increment in price. At best 0.82 but could easily go below 0.795

Start of run 2 to maybe 0.85? This is only the 2nd day, give it time.

It is finding hard to go past the 0.805-0.82. Too many sellers taking profit. Just got to wait for the profit takers to finish.

Next 2 days will tell us whether this is a pump & dump trap. If nothing happens I suggest sell & wait on the side with your money ready to go.

If it doesn't keep running up past Friday better sell & wait for the price to come down, if you still want to be on this stock. If something is in the pipeline it will shoot up for the next 2 days.

Budget itch does not warrant a 4th highest turnover for first 2 hours. Many more counters more likely to respond to budget news. There must be something else going on.

Looks like heading for 0.78 to 0.82. It is definitely not going to close that gap of 0.67-0.715 on this retraction.

Maybe a pump & dump.

Volume & price is up. Is Botak doing something on the market?

There is resolution 1 proposal for 0.004 dividends. Well I suppose you have to give something to get something. Well 74% of the shares are held by the 2 key Directors, that is why they are not too worried about the minority shareholders.

3. To approve the payment of Directors’ Fees of RM300,000 and benefits of RM1,172,223 for the
financial year ended 31 May 2019.
(Resolution 2)
4. To approve the payment of Directors’ Fees and benefits to Non-Executive Directors up to an
amount not exceeding RM200,000 from 1 June 2019 until the next Annual General Meeting.
(Resolution 3)

They can't possibly expect shareholders to approve resolutions 2 & 3! What is their justification? Performance before reward. It is not a case of listing & then start eating up the money among the Directors. Pathetic. If they don't know what to do with the funds, maybe they should wind up & distribute the money back to shareholders instead of among themselves.

Oct 30, case management, then probably another month or 2 before going to court. So there is still time for a run & retrace to buy back before anything happens.

it is a disgusting counter. A long wait before it even start to recover it's IPO price.

OK, who is collecting & why?

Still think the right price for this is in the range of 0.85-0.95. That means there is still at least a 10-15% profit before it reaches it's reasonable price. This is based on the news that is already out. If they score a bigger cut/deal in the govt NFCP then we could be looking at a higher reasonable price.

with all the hype going on here why is it still sitting around 0.69 instead of in the range of 0.85 - 0.95? It looks like a foregone conclusion that Opcom will be involved on a big way. So why is the market not reacting?

https://www.malaysiakini.com/news/492151

This monitoring of terrorist & access to world terrorist data base was already included in the original SKIN proposal, as well as control of trafficking. What do they think Prestariang initial software training in the US was all about? Wake up!

Must be due for a quarterly report.

I am sure all the shareholders are not feeling well, Must be contagious, just don't jump off office buildings.

The market is a gamble. So do we anticipate some sort of a reversal of the previous decision & start collecting now while it is quiet before the annoucement?

https://www.malaymail.com/news/malaysia/2019/09/04/report-claims-saifuddin-nasution-to-replace-muhyiddin-as-home-minister/1787128

0.75 is a good price to get off & wait for mid 0.60 to get back in for the 3rd run to ...?

New home minister in Saifuddin Nasution. Is this a sign of PH U-turn on Prestariang? One way of fixing the wrong decision is to have a new minister reversing the previously fumbled decision.

Round Two

https://www.nst.com.my/news/crime-courts/2019/08/517352/ex-felda-chairman-file-representation-attorney-general

It is time we start locking up some of these guys. Najib, Rosmah, Samad, Arul Kanda or even Zahid. Let's do the WALK & less TALK. FGV prices will never correct itself until some of these key guys are SERIOUSLY locked up. PH, IT IS TIME TO SHOW SOME RESULTS AT LEAST ONE, NO MORE WAYANG.

https://www.thestar.com.my/business/business-news/2019/08/30/datasonic-doubles-q1-profit-on-higher-delivery-of-smart-cards-cost-control

Double bottom at 0.42 or looking at double bottom at 0.35? Maybe 0.35!

mobidick

Reminds me of what MM did to SKP(Sapura) before jumping ship.

It will be a long time before anything happens. Can't just give the SKIN back to Presbhd. There is a court case on compensation still to be addressed. Also by not going ahead with the proposed new tender, it means that all those companies that tender will get some sort of a compensation still to be determined. There is a cost involved to be eligible to tender. NOTHING IS FREE. My view is nothing is going to be announced unless the OLD MAN is in the country.

IMHO, I still think it will go below 2.45 before anything happen.

Sorry the gap is 2.95 & 2.76.

It is looking for 2.45 before retracing to close off the gap left at 2.95 & 2.61. Will see how it goes tomorrow.

Still a frenzy going on. Traders are not sure whether to push it up or down. Better let it settle down, wait for tomorrow.

investortrader88

Old news ! A month late. Keep up to date. Will end up losing money if based on old news.

Technically, it looks like it is the start of a downtrend not sideways!

Still waiting for a new immigration system. Lost 8 months since it was cancelled in Jan. Skin would have been up & running in another 8 months. Bunch of stupid PH cabinet ministers. Only logical thinker is the OLD MAN! He needs to knock them all on the head like the Lynas decision. Seriously, Anwar - revisite Lynas decision. Are you mad. We got more important things to worry about.

Old news, you need to be on the ball.

CUTLOST

Agreed, but still a big statement. Need a time frame.

Something's brewing. Unusual activity & volume.